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VNU launches U.S. and Euro term loan B repricings
By Sara Rosenberg
New York, Jan. 11 - VNU Group BV held a conference call on Thursday afternoon to launch a repricing of both its U.S. and Euro term loan B's, according to a market source.
Citigroup is the lead bank on the repricing.
Under the proposal, the U.S. term loan B would be repriced to Libor plus 225 basis points from Libor plus 275 bps and the Euro term loan B would be repriced to Euribor plus 225 bps from Euribor plus 250 bps, the source said.
VNU is a Haarlem, Netherlands-based information and media company.
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