Fender Musical to launch $200 million term loan B on Wednesday

By Sara Rosenberg

New York, March 12 - Fender Musical Instruments Corp. is set to hold a conference call at 2:30 p.m. ET on Wednesday to launch a $200 million six-year term loan B, according to a market source.

J.P. Morgan Securities LLC is the lead bank on the deal.

Proceeds will be used to refinance an existing term loan B.

Fender is a Scottsdale, Ariz.-based maker of music instruments.

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