RESTRUCTURING

摘要

Media and marketing company catalina marketing has outlined terms on its debtor-in-possession financing package that will provide liquidity during the company's Chapter 11 restructuring. The facility comprises US$125m in new money, split between a US$60m first borrowing and US$65m second borrowing. This new money commitment will price at 1,000bp over Libor with a 1% floor on the benchmark and an OID of 98.