VNU seeks $400 million term loan add-on

By Sara Rosenberg

New York, July 12 - VNU Group BV is currently in market with a $400 million term loan add-on, according to a market source.

Citigroup is the lead bank on the deal that launched to existing lenders with a conference call on Tuesday.

The add-on is talked at Libor plus 200 basis points, the source said.

Proceeds will be used for acquisition financing.

VNU is a Haarlem, Netherlands-based information and media company.

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