Daily News: May 7, 2013

Bank of America Said to be Arranging SeaWorld Refinancing

Bloomberg reported, according to a person with knowledge of the matter, that SeaWorld Entertainment is seeking a $1.4 billion term loan to refinance debt.

Bloomberg said that Bank of America is arranging the transaction, the proceeds of which will be used to refinance a term loan A maturing in 2016 and a term loan B that expires in 2017.

To read the entire Bloomberg story, click here.