trending Market Intelligence /marketintelligence/en/news-insights/trending/iexfnqvy7lqljsyj2dvlfq2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Lenders agree to refinance First Data's term loans

OTT Winners, Losers In The Age Of COVID-19

After Growing In 2019, Latam FTTP Market Might Slowdown In 2020 Due To COVID-19

Another Outcome Of COVID-19: Olympics Postponed

COVID-19 Crisis: Legacy TV Universe Strategic Analysis

Lenders agree to refinance First Data's term loans

A group of new and existing lenders agreed to provideFirst Data Corp. withapproximately $4.3 billion and €200 million of term loans due March 2021 at aninterest rate of LIBOR plus 300 basis points.

Through the transaction, First Data will be able torefinance its existing term loans that are due in March 2021 at an interestrate 100 basis points lower than those they will replace. The transaction willresult in annualized cash interest savings of approximately $45 million.

The closing of the transaction is subject to market andother conditions.