CWT clubs $100m revolver before HY launch

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CWT clubs $100m revolver before HY launch

Business travel agent Carlson Wagonlit Travel (CWT), 45%-owned by JP Morgan, has signed a $100m revolving credit facility before launching an $850m high yield bond refinancing. JP Morgan, the left lead on the bond, and BNP Paribas, Jefferies, Lloyds and Morgan Stanley, the other bookrunners, provided the revolver.

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