Mizuho Securities Reiterates Buy on First Data (FDC) After Adjusting Estimates
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First Data Announces Affirmative Responses from Lenders to Refinance Term Loans Due in 2021
October 10, 2016 8:05 AM EDTNEW YORK--(BUSINESS WIRE)-- First Data Corporation (NYSE: FDC) today announced that it has received affirmative responses from a group of new and existing lenders who have agreed to provide approximately $4.3 billion and 0.2 billion of term loans due March 2021 at an interest rate of LIBOR plus 300 basis points.
The transaction announced today allows First Data to refinance its... More
