EMI Music Said to Set Lender Meeting on $1.8 Billion in Loans
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EMI Music Publishing set a lender meeting for Jan. 27 at 10 a.m. in New York to discuss $1.8 billion of loans to support its acquisition by Sony Corp., according to a person with knowledge of the matter.
UBS AG is leading the financing, which includes a $1.05 billion term loan B and a $75 million revolving line of credit, said the person, who declined to be identified because the terms are private.