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                <p>NEW YORK (Reuters) – Privately held toy retailer Toys R Us (TOY.UL) has canceled a $1.1 billion loan deal that was intended to refinance its debt and reduce borrowing costs, Bloomberg reported on Monday.</p>
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Citing five people familiar with the matter, Bloomberg reported the cancellation but did not say why. Spokespeople for Toys R Us were not immediately available to comment.</p>
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The company has filed with regulators for an $800 million initial public offering; the relationship of the debt refinancing to the offering was not immediately clear.</p>
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Reuters Loan Pricing Corp reported last week that commitments had been due today on the deal.</p>
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(Reporting by Ben Berkowitz; Editing by Steve Orlofsky)</p>
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