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PlayPower refinances $400m debt into private credit

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PlayPower refinances $400m debt into private credit

Shubham Saharan's avatar
  1. Shubham Saharan
•1 min read

PlayPower has refinanced about $400m in debt with private credit lenders, according to 9fin sources.

Lenders to the company include HPS, sources said. Pricing on the loan is in the range of SOFR+500bps, one source added. PlayPower was previously financed in the broadly syndicated loan market.

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