4L Holdings to launch $85 million incremental term B on Tuesday

By Sara Rosenberg

New York, March 18 - 4L Holdings will hold a call at 2 p.m. ET on Tuesday to launch an $85 million incremental term loan B, according to a market source.

Pricing on the incremental loan is Libor plus 550 basis points with a 1.25% Libor floor, in line with existing term loan B pricing, the source said.

4L is an Ottawa, Ill.-based electronics company.

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