TRLPC-Acosta's loan refinancing tests US regulators

April 24, 2015 6:11 PM

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LONDON, April 24 (Reuters) - A $2.06 billion term loan for sales and marketing agency Acosta Inc is testing the US leveraged loan market's ability to refinance existing loans with high leverage levels as regulators try to curb riskier lending.

The Federal Reserve, the Office of the Comptroller of the Currency (OCC) and Federal Deposit Insurance Corporation stepped up efforts to clamp down on new buyouts with higher leverage late last year, but the position on refinancing existing loans has been less clear to date.

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