{"id":627,"date":"2015-05-28T00:00:52","date_gmt":"2015-05-28T05:00:52","guid":{"rendered":"http:\/\/www.clubinsideronline.com\/news\/?p=627"},"modified":"2015-06-02T16:42:23","modified_gmt":"2015-06-02T21:42:23","slug":"clubcorp-holdings-inc-completes-repricing-of-901-million-senior-secured-term-loan","status":"publish","type":"post","link":"http:\/\/www.clubinsideronline.com\/news\/chains\/clubcorp-holdings-inc-completes-repricing-of-901-million-senior-secured-term-loan\/","title":{"rendered":"ClubCorp Holdings, Inc. Completes Repricing of $901 Million Senior Secured Term Loan"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" src=\"http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/ClubCorp-300x70.jpg\" alt=\"ClubCorp - The World Leader In Private Clubs\" width=\"300\" height=\"70\" class=\"alignnone size-medium wp-image-117\" srcset=\"http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/ClubCorp.jpg 300w, http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/ClubCorp-200x47.jpg 200w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>ClubCorp &#8211; The World Leader In Private Clubs<\/p>\n<p><strong>DALLAS, TX<\/strong> &#8211; ClubCorp \u2013 The World Leader in Private Clubs (NYSE: MYCC) \u2013 announced that it has completed the repricing of its $901 million senior secured term loan. ClubCorp&#8217;s credit agreement was amended to decrease the rate at which Term B loans bear interest.<\/p>\n<p>ClubCorp obtained a 25 basis point rate reduction, such that its Term B loans will bear interest at a rate of L+325 bps, with a 1% LIBOR floor. No covenants were changed or amended and the term loan facility continues to mature on July 24, 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>DALLAS, TX<\/strong> &#8211; ClubCorp \u2013 The World Leader in Private Clubs (NYSE: MYCC) \u2013 announced that it has completed the repricing of its $901 million senior secured term loan. ClubCorp&#8217;s credit agreement was amended to decrease the rate at which Term B loans bear interest.<\/p>\n","protected":false},"author":1,"featured_media":117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[17],"_links":{"self":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/627"}],"collection":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/comments?post=627"}],"version-history":[{"count":1,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/627\/revisions"}],"predecessor-version":[{"id":628,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/627\/revisions\/628"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/media\/117"}],"wp:attachment":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/media?parent=627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/categories?post=627"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/tags?post=627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}