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Landmark Aviation to launch $325.9 million of term loans on Tuesday
By Sara Rosenberg
New York, June 16 – Landmark Aviation is scheduled to hold a call at 1:30 p.m. ET on Tuesday to launch $325.9 million of new senior secured term loans, according to a market source.
Morgan Stanley Senior Funding Inc., RBC Capital Markets and Barclays are the lead banks on the deal.
The debt consists of a $220.4 million incremental first-lien term loan and a $105.5 million incremental second-lien term loan, the source said.
Landmark Aviation is a Houston-based provider of FBO, MRO and aircraft charter and management services.
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