Voyage Australia looks to amend term loan to transition to SOFR

By Sara Rosenberg

New York, Jan. 13 – Voyage Australia (Vocus) is seeking an amendment to its first-lien term loan to switch to SOFR from Libor, according to a market source.

The amendment is adding CSA of 11.4 basis points one-month rate, 26.2 bps three-month rate and 42.8 bps six-month rate.

Morgan Stanley Senior Funding Inc. is leading the transaction.

The deadline for the amendment is 5 p.m. ET on Tuesday, the source added.

Voyage Australia is a Melbourne, Australia-based fibre and network solutions provider.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.