Refinitiv looks to slash costs on US $6.45 billion loan a year after record buyout
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The term loan is one part of Refinitiv’s US$12.825bn bond and loan financing that backed private equity firm Blackstone Group’s buyout of the company, formerly Thomson Reuters’ Financial & Risk business, in September 2018. The transaction is one of the largest leveraged buyouts since the financial crisis.Refinitiv’s repricing comes on the back of robust trading in its bonds and loans in the secondary market as investors welcomed the potential acquisition of the company by the publicly..