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Restoration Hardware to launch $1 billion term loan on Wednesday
By Sara Rosenberg
New York, April 26 – Restoration Hardware Inc. is scheduled to hold a lender call on Wednesday to launch a non-fungible $1 billion incremental term loan B (BB), according to a market source.
BofA Securities Inc. is the left lead on the deal.
The term loan has 101 soft call protection for six months, the source said.
Proceeds will be used for general corporate purposes.
Restoration Hardware is a Corte Madera, Calif.-based upscale home furnishings company.
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