Reuters reported that BJ’s Wholesale Club is launching a $2.1 billion refinancing credit, with Deutsche as lead left, and Citi, Barclays, Jefferies and Morgan Stanley to the right, sources told Reuters .
Reuters said further the new credit is comprised of a $1.45 billion, six-year first-lien term loan and a $650 million, 6.5-year second-lien term loan.
To read the entire Reuters article, click here.