Correction: Fairchild term loan add-on launches at Libor plus 250 bps

New York, April 22 - Fairchild Semiconductor International Inc.'s $100 million term loan add-on is being talked at Libor plus 250 basis points, while the company's existing term loan debt is staying priced at Libor plus 150 bps.

Previously, Prospect News Bank Loan Daily incorrectly reported that the new term loan debt was an add-on to the company's existing Libor plus 250 bps term loan.

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