Merrill Lynch, J.P. Morgan Securities Among Lenders in FNF Financing to acquire Lender Processing Services, Inc. ("LPS")

Categorized | STOP FORECLOSURE FRAUD

Merrill Lynch, J.P. Morgan Securities Among Lenders in FNF Financing to acquire Lender Processing Services, Inc. (“LPS”)

Merrill Lynch, J.P. Morgan Securities Among Lenders in FNF Financing to acquire Lender Processing Services, Inc. (“LPS”)

ABL Advisor-

Fidelity National Financial, Inc., a leading provider of title insurance, mortgage services and diversified services, announced the completion of the amendment of its existing $800 million senior unsecured revolving credit facility (“credit facility”) and the amendment of its $1.1 billion delayed-draw term loan (“term loan”) and the signing of a commitment letter (“bridge commitment letter”) that provides for an up to $800 million short-term loan (“bridge loan”). The amendments of the credit facility and the term loan and the bridge commitment letter are all related to FNF’s previous announcement concerning the agreement (“merger agreement”) to acquire Lender Processing Services, Inc. (“LPS”).

Among other changes, the amendments to the credit facility and term loan permit FNF to incur the indebtedness in respect of the bridge loan and incorporate other technical changes to describe the structure of the LPS acquisition.

[ABL ADVISORS]

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Comments

comments

This post was written by:

- who has written 8645 posts on FORECLOSURE FRAUD | by DinSFLA.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

Contact the author

One Response to “Merrill Lynch, J.P. Morgan Securities Among Lenders in FNF Financing to acquire Lender Processing Services, Inc. (“LPS”)”

  1. marilyn lane says:

    Anything that has Fidelity’s fingerprints on it,
    is sure to be rigged and corrupt.

Trackbacks/Pingbacks


Leave a Reply

GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Advertise your business on StopForeclosureFraud.com

Archives