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Stock impact report

Banks Price $1.4 Billion of Leveraged Loans for Janney's Buyout [Yahoo! Finance]

Instructure Holdings, Inc. (INST) 
Last instructure holdings, inc. earnings: 2/28 04:46 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Most Read from Bloomberg How Americans Voted Their Way Into a Housing Crisis After a Record Hot Summer, Pressure Grows for A/C Mandates For Tenants, AI-Powered Screening Can Be a New Barrier to Housing Chicago Halts Hiring as Deficit Tops $1 Billion Through 2025 UC Berkeley Gives Transfer Students a Purpose-Built Home on Campus Margin for the two-tranche deal is 3.25 percentage points over the Secured Overnight Financing Rate, issued at 99.5 cents on the dollar, according to a person familiar with the matter who asked not to be identified because the information is private. The margin can be reduced as much as a 0.75 percentage point if certain conditions are met. Also, investor-friendly protections were added. The transaction emerged before Labor Day, making it the first of an expected bevy of acquisition-related financings for buyouts agreed to earlier this year. KKR cinched a deal in July to buy Janney, adding it would operate independently under the private equity h Show less Read more
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