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Varsity Brands sets lender call Wednesday, plans to reprice $1 billion first-lien loan
By Paul A. Harris
Portland, Ore., April 11 – Varsity Brands plans to participate in a conference call with lenders at 2 p.m. ET on Wednesday, according to a market source.
The Memphis-based provider of sports, cheerleading and achievement-related school products is seeking to reprice $1,003,000,000 of outstanding first lien term loan debt.
Goldman Sachs & Co. is the left bookrunner. Barclays and Jefferies LLC are the joint bookrunners.
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