Vogue International withdraws $205 million add-on loan from market

By Sara Rosenberg

New York, Dec. 15 – Vogue International pulled its fungible $205 million add-on term loan from the primary market, according to a market source.

Goldman Sachs Bank USA and Bank of America Merrill Lynch were the lead banks on the deal.

Talk on the add-on loan was Libor plus 450 basis points to 475 bps with a 1% Libor floor, an original issue discount of 99 and 101 soft call protection for one year.

Proceeds were going to be used to fund a dividend.

Vogue is a Tampa Bay, Fla.-based manufacturer and distributor of salon-heritage hair care and other personal care products.

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