LEVERAGED LOANS

摘要

Data centre provider viawest is arranging a US$450m deal to refinance debt. TD Securities is leading the financing, with RBC as joint lead arranger. The loan comprises a US$375m seven-year Term Loan B priced at 375bp-400bp over Libor with a 1% floor, at 99, and a US$75m five-year revolver. The term loan will have six months of soft call protection at 101. The facility also includes a maximum total leverage covenant. The company tapped the market in August 2013 for a US$366m loan, split between US$326m of term loan debt that priced at 375bp over Libor and a five-year US$40m revolver.