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BRIEF-Endurance International announces successful pricing of $1.7 bln loans
June 8, 2017 / 9:42 PM / 3 months ago

BRIEF-Endurance International announces successful pricing of $1.7 bln loans

June 8 (Reuters) - Endurance International Group Holdings Inc:

* Endurance International Group announces successful pricing of $1,697 million senior secured refinancing term loans

* Pricing of its $1,697 million refinancing first-lien term loans due February 2023

* Expects to reduce cash interest expense by approximately $22 million on an annual basis as a result of this refinancing

* Priced the $1,697 million refinancing first-lien term loans at an interest rate of LIBOR + 400 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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