NewPage Said to Set Rate on $850 Million Loan to Exit Bankruptcy - B...

NewPage Said to Set Rate on $850 Million Loan to Exit Bankruptcy
Businessweek
... of loans backing its exit from bankruptcy, according to a person with knowledge of the transaction. A $500 million six-year covenant-lite term loan, will pay interest at 6.75 percentage points to 7 percentage points more than the London interbank ...