KKR-owned credit-card processor, First Data, may seek to extend a portion of the loans used to finance the buyout, Bloomberg reports. The Atlanta-based company is seeking to extend maturities on $3 billion of its existing term loan facilities to March 2018 from September 2014. The company is also seeking to extend the maturity of its $1.77 billion revolving credit line to June 2015 from September 2013. The extension will be arranged by Credit Suisse and Citigroup.
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