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Published on 7/9/2013 in the Prospect News Bank Loan Daily.

Wrigley loans voted off Markit LCDX series 12 and 13 in dealer poll

By Susanna Moon

Chicago, July 9 - William Wrigley Jr. Co.'s loans listed on the syndicated secured list were voted off through a dealer poll for the Markit LCDX series 12 and series 13 indexes.

The 30-business-day window for suggesting substitute obligations ended at the close of business Tuesday, according to a Markit notice.

New versions of the affected Markit LCDX series are being issued, with an annex date of July 9. As per best practices, cash settlement can occur after 10 business days on July 23, the notice said.

The issuer also is a constituent of Markit LCDX series 14. As that series was launched under the Bullet contract, it does not include optional early termination provisions, Markit noted.

The candy and food products company is based in Chicago.


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