WME IMG launches term loan B repricing at Libor plus 300 bps

By Sara Rosenberg

New York, Jan. 27 – WME IMG LLC launched on its lender call on Friday a repricing of its term loan B that is talked at Libor plus 300 basis points with a 1% Libor floor and a par issue price, according to a market source.

The repriced loan has 101 soft call protection for six months, the source said.

KKR Capital Markets is the lead on the deal.

Commitments are due on Thursday, the source added.

The repricing will take the term loan down from Libor plus 425 bps with a 1% Libor floor.

WME IMG is an entertainment, sports and fashion company.

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