Sources say Citigroup (C) and UBS (UBS) have joined JPMorgan (JPM) as lead managers on Lear's...

|About: Citigroup Inc. (C)|By:, SA News Editor

Sources say Citigroup (C) and UBS (UBS) have joined JPMorgan (JPM) as lead managers on Lear's (LEARQ.PK) $400M exit loan. Lear's paying Libor plus 5.75%, which is a lot cheaper than the Libor plus 10% it's paying for the $500M DIP loan that this one is replacing. (DJ)