An arranger group led by Goldman Sachs and Bank of America Merrill Lynch today launched their .375 billion refinancing for Toys R’ Us, setting price talk of L+800-825, with a 1% LIBOR floor on the.
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The firms plugged $1.3 billion of equity into their purchase of Toys R Us over a decade ago and financed the remaining $6.2 billion with debt, including senior loans that they have a stake in. The.