E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/26/2018 in the Prospect News Bank Loan Daily.

AerCap’s Delos launches repricing of $1.5 billion term loan B

New York, Feb. 26 – Delos Finance Sarl launched a repricing of its $1.5 billion term loan B due October 2023 (Baa2/BBB-) without a call on Monday.

The repricing is talked at Libor plus 175 basis points, down from Libor plus 200 bps at present

The 0% Libor floor will be retained unchanged and the repriced loan is offered at par.

Soft call protection at 101 will be refreshed for six months.

Deutsche Bank is left lead arranger and RBC is also a lead arranger.

Commitments are due by 12 p.m. ET on March 2.

Delos is a subsidiary of Dublin-based aircraft leasing company AerCap Holdings NV.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.