Asurion Said to Seek $4.64 Billion of Loans to Refinance Debt
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Asurion Corp., the private equity-owned provider of wireless handset insurance and roadside assistance, is seeking $4.64 billion of loans to refinance debt, according to three people briefed on the transaction.
Bank of America Corp., Barclays Plc, Credit Suisse Group AG, Morgan Stanley, Goldman Sachs Group Inc. and Deutsche Bank AG will host a lender meeting March 10 at 10:30 a.m. in New York, said the people, who declined to be identified because the terms are private.