TRC readies launch of $325 million term loan repricing for Wednesday

By Sara Rosenberg

New York, Nov. 28 – TRC Cos. Inc. is scheduled to hold a lender call at 10 a.m. ET on Wednesday to launch a repricing of its existing $325 million term loan, according to a market source.

UBS Investment Bank is the lead bank on the deal.

Current pricing on the term loan is Libor plus 400 basis points with a 1% Libor floor.

TRC is a Windsor, Conn.-based engineering, environmental consulting and construction management firm.

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