Ineos Waiver Approved By Lenders
A two-quarter waiver of financial covenants for Ineos was approved by lenders last week after the company agreed to increase spreads across all tranches by a range of 175-225 basis points.
A two-quarter waiver of financial covenants for Ineos was approved by lenders last week after the company agreed to increase spreads across all tranches by a range of 175-225 basis points. Current pricing on the facility is LIBOR plus 2 1/4-2 3/4%.
In April, the company said it would ...Already a subscriber? Login