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Published on 3/13/2023 in the Prospect News Bank Loan Daily.

NorthRiver Midstream shops amendment to shift term loan to SOFR

By Sara Rosenberg

New York, March 13 – NorthRiver Midstream is seeking a negative consent amendment to transition its term loan to SOFR from Libor and add 10 basis points CSA, according to a market source.

RBC Capital Markets is the lead on the deal.

The amendment deadline is Friday, the source added.

NorthRiver Midstream is a Canadian gas gathering and processing business.


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