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Rovi Solutions sets Thursday meeting for $1 billion credit facilities
By Paul A. Harris
Portland, Ore., June 6 – Rovi Solutions Corp. and Rovi Guides Inc. plan to take part in a lender presentation on Thursday to roll out a $1 billion credit facility, according to a market source.
The credit facilities will come to market via Morgan Stanley Funding, Inc. and BofA Merrill Lynch.
The facilities include a $200 million senior secured revolver, a $100 million term loan A and a $700 million term loan B.
The borrower is a Santa Clara, Calif.-based technology company.
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