Apr. 17 at 10:59 PM
$TBRG
It looks like the deal is moving along, and is very very close ….
$675 Million Loan Negotiations: Reports from The Economic Times indicate that IKS Health is in advanced talks with a consortium of global banks—Citigroup, JPMorgan Chase, and Deutsche Bank—to raise a
$675 million offshore loan….
Loan Details: Each lender is expected to underwrite
$225 million. The facility is rumored to be priced at SOFR plus 275 basis points and could be signed as early as this week.