Technicolor to launch U.S. and euro term loan repricing on Tuesday

By Sara Rosenberg

New York, April 14 - Technicolor (Tech Finance & Co. SCA) will hold a lender call at 10 a.m. ET on Tuesday to launch a repricing of its roughly $883.7 million term loan and roughly €321.2 million term loan, according to a market source.

Morgan Stanley Senior Funding Inc. is the lead bank on the senior secured deal.

Current pricing on the U.S. term loan is Libor plus 600 basis points with a 1.25% Libor floor.

Technicolor is a technology company focused on the media and entertainment sector.

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