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Published on 1/30/2020 in the Prospect News Bank Loan Daily.

Bank Loan Calendar: $54.5405 billion deals being marketed

January Bank Meetings

APX/VIVINT: Lender call Jan. 31; $1.325 billion term B (including $525 million incremental); BofA Securities; repay notes and amendment and extension; Provo, Utah, smart home services provider.

VERTIV GROUP CORP.: Lender call Jan. 31; new loan; Citigroup; Columbus, Ohio, provider of critical digital infrastructure and continuity solutions.

February Bank Meetings

CUSTOM TRUCK ONE SOURCE: Lender call Feb. 3; new loan; Citigroup; Kansas City, Mo., provider of specialized truck and heavy equipment solutions.

OCTAVE MUSIC GROUP INC.: Bank meeting Feb. 4; $290 million term loan talked at Libor plus 500 bps to 525 bps, 0% Libor floor, OID 99, 101 soft call for six months; Citizens; refinance existing debt; New York-based interactive entertainment platform.

FLOOR & DECOR: Lender call Feb. 3; term loan; UBS, BofA Securities and Wells Fargo; amendment and extension; Atlanta-based specialty retailer in the hard surface flooring market.

VEEAM SOFTWARE: New loan; JPMorgan, Goldman Sachs, Morgan Stanley, Ares, BofA Securities, Golub and Antares; help fund buyout by Insight Partners; provider of backup solutions that deliver cloud data management.

Upcoming Closings

ACCESS CIG LLC: $966.2 million of term loans; Jefferies; $916.2 million first-lien term loan due February 2025 talked at Libor plus 350 bps, 0% Libor floor, 101 soft call for six months; $50 million delayed-draw first-lien term loan due February 2025 talked at Libor plus 350 bps, 0% Libor floor; repricing; Livermore, Calif., provider of physical and digital records and information management services.

ADVISOR GROUP: $200 million add-on term loan (B1/B/B+) due August 2026 talked at Libor plus 500 bps, 0% Libor floor, OID 99.5; UBS; Phoenix-based network of independent financial advisers.

AGILITI: $125 million term loan talked at Libor plus 300 bps, 0% Libor floor, OID 99.5 to 99.75; JPMorgan; refinance existing debt; Minneapolis-based provider of healthcare technology management and service solutions.

ALLEN MEDIA: $555 million credit facilities (Ba3/BB-); RBC; $25 million five-year revolver; $530 million seven-year term B talked at Libor plus 550 bps, 0% Libor floor, OID 99; help fund the acquisition of 11 broadcast television stations from USA Television and refinance existing debt; media, content and technology company.

AMERILIFE HOLDINGS LLC: $655 million of credit facilities; Credit Suisse, Goldman Sachs, Barclays, Morgan Stanley and Jefferies; $75 million revolver; $465 million seven-year covenant-lite first-lien term loan (including $75 million delayed-draw) (B2/B) talked at Libor plus 425 bps to 450 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; fund acquisition by THL; Clearwater, Fla., insurance marketing organization.

ARCONIC ROLLED PRODUCTS CORP.: $800 million seven-year term B (Ba1//BBB-) talked at Libor plus 350 bps, 0% Libor floor, OID 99; JPMorgan; fund separation; aluminum products company.

ASPEN DENTAL MANAGEMENT INC.: $907 million term loan (including $50 million add-on) talked at Libor plus 250 bps, step-up to Libor plus 275 bps at 4.75x first-lien net leverage, 0% Libor floor, OID 99.75 on add-on, 101 soft call for six months; RBC; repricing and fund a dividend; East Syracuse, N.Y., dental support organization.

ATLANTIC POWER: Expected closing Feb. 3 week; $380 million term B (Ba2/BB) due April 2025 at Libor plus 250 bps, step-down to Libor plus 225 bps at 2.75x consolidated total debt, 1% Libor floor, 101 soft call for six months; Goldman Sachs, BofA Securities, RBC, MUFG and Wells Fargo; repricing and extension; Dedham, Mass., power generation and infrastructure company.

BANIJAY GROUP: $500 million five-year covenant-lite term B (B1/B/B+) talked at Libor plus 425 bps to 450 bps, OID 99, 101 soft call for six months; Deutsche Bank, Natixis, Societe Generale, BNP Paribas and BofA Securities; also €503 million five-year covenant-lite term B (B1/B/B+) talked at Euribor plus 425 bps to 450 bps, OID 99.5, 101 soft call for six months; refinance existing debt and fund acquisition of Endemol Shine; Paris-based independent production and distribution business.

BOMBARDIER RECREATIONAL PRODUCTS INC.: $1.22 billion term loan B due May 23, 2027 talked at Libor plus 175 bps to 200 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; RBC, BMO and TD Securities; extension and repay term B-2; Valcourt, Quebec, designer, manufacturer, distributor and marketer of motorized recreational vehicles and powersports engines.

CHARTER NEX US INC.: $780 million incremental first-lien term loan due May 16, 2025 talked at Libor plus 300 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Jefferies, Nomura and UBS; refinance existing first-lien term loan and partially repay unsecured PIK toggle notes; manufacturer of highly engineered specialty films, focused on the stable food and medical end-markets.

CINEWORLD GROUP PLC: $1.932 billion senior secured incremental term loan talked at Libor plus 275 bps to 300 bps, OID 99.5; BofA Securities, HSBC and Goldman Sachs; help fund acquisition of Cineplex Inc.; London-based cinema operator.

COBHAM PLC: $1.188 billion seven-year first-lien term loan (B1/B/B+) talked at Libor plus 350 bps to 375 bps, 1% Libor floor, OID 99, 101 soft call for six months; Goldman Sachs, Credit Suisse, Barclays, Blackstone, BNP Paribas, Citigroup, Deutsche Bank, NatWest and Unicredit; also €885 million seven-year first-lien term B (B1/B/B+) talked at Euribor plus 375 bps, 0% floor, OID 99.5, 101 soft call for six months; help fund buyout by Advent International Corp.; UK-based technology and services innovator in diversified industries including defense and commerce.

DYNATRACE LLC: $521 million first-lien term loan due August 2025 talked at Libor plus 225 bps, 0% Libor floor, 101 soft call for six months; Jefferies; repricing; Waltham, Mass., software company.

ELANCO ANIMAL HEALTH INC.: $3.75 billion credit facilities (Baa3/BB+/BBB-); Goldman Sachs, Citigroup and JPMorgan; $750 million revolver; $575 million term A; $2.425 billion seven-year term B talked at Libor plus 200 bps, 0% Libor floor, OID 99.5 to 99.75, 101 soft call for six months; help fund acquisition of Bayer AG’s animal health business; Greenfield, Ind., animal health company.

EYECARE PARTNERS LLC: $1.185 billion credit facilities; Credit Suisse, Macquarie, Barclays, Deutsche Bank, UBS and Nomura; $110 million revolver; $900 million seven-year covenant-lite first-lien term loan (including $175 million delayed-draw) (B2/B) talked at Libor plus 400 bps to 425 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $175 million privately placed second-lien term loan; help fund acquisition by Partners Group; St. Louis-based eye care services provider.

FISERV INVESTMENT SOLUTIONS INC.: Expected closing Feb. 10 week; $305 million seven-year senior secured first-lien term B (B2/B) talked at Libor plus 525 bps to 550 bps, 0% Libor floor, OID 99, 101 soft call for six months; Citigroup and Deutsche Bank; help fund buyout by Motive Partners; Brookfield, Wis., financial services provider.

FRONERI INTERNATIONAL LTD.: $2.915 billion of U.S. term loans; Credit Suisse, Goldman Sachs, BofA Securities, Citigroup, Deutsche Bank, HSBC and JPMorgan; $2.67 billion seven-year covenant-lite first-lien term loan (B1/B+) talked at Libor plus 225 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; $245 million eight-year covenant-lite second-lien term loan (B3/B-) at Libor plus 575 bps, 0% Libor floor, OID 99.75, call protection 102, 101; also €600 million equivalent multi-currency 6.5-year revolver (B1/B+) at Euribor plus 275 bps, 0% floor; €2.18 billion seven-year covenant-lite first-lien term loan (B1/B+) at Euribor plus 262.5 bps, 0% floor, 101 soft call for six months; €245 million eight-year covenant-lite second-lien term loan (B3/B-) at Euribor plus 575 bps, 0% floor, call protection 102, 101; fund acquisition of Nestle USA’s ice cream business, refinance existing debt and general corporate purposes; U.K.-based ice cream manufacturer.

GARDNER DENVER INC. (INGERSOLL-RAND SERVICES CO.): Expected closing Feb. 28; $3.485 billion of term loans (Ba2/BB+); Citigroup; KKR, Goldman Sachs, HSBC, Mizuho, PNC, BMO, Credit Agricole, MUFG and Standard Chartered; $1.9 billion seven-year term B talked at Libor plus 200 bps, 0% Libor floor, OID 99.5 to 99.75, 101 soft call for six months; $928 million amended and extended seven-year term B talked at Libor plus 200 bps, 0% Libor floor, OID 99.5 to 99.75, 101 soft call for six months; $657 million euro equivalent seven-year amended and extended term B talked at Euribor plus 225 bps, 0% floor, OID 99.5 to 99.75, 101 soft call for six months; fund cash proceeds due to Trane Technologies at close; Milwaukee, Wis., provider of mission-critical flow control and compression equipment and associated aftermarket parts, consumables and services.

GIGAMON INC.: $150 million incremental first-lien term loan (B3) due Dec. 27, 2024 talked at Libor plus 450 bps, OID 99, 101 soft call for six months; Jefferies; repay second-lien term loan; Santa Clara, Calif., provider of active visibility into physical and virtual network traffic.

GOLDEN NUGGET LLC: $2.593 billion of term loans; Jefferies; $2.393 billion first-lien term loan due Oct. 4, 2023 at Libor plus 250 bps, 0.75% Libor floor, 101 soft call for six months; $200 million incremental first-lien term loan due Oct. 4, 2023 at Libor plus 250 bps, 0.75% Libor floor, 101 soft call for six months; repricing and fund a dividend; diversified restaurant, hospitality, entertainment and gaming company.

INNOPHOS HOLDINGS INC.: $540 million senior secured credit facilities; RBC, KeyBanc and Barclays; $125 million five-year asset-based revolver; $415 million seven-year first-lien term B (B+) talked at Libor plus 400 bps to 425 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; help fund buyout by One Rock Capital Partners LLC; Cranbury, N.J., producer of essential ingredients.

INOVALON: $915.3 million senior secured covenant-lite term B-1 due April 2025 talked at Libor plus 300 bps, 25 bps step-down at 3.45x senior secured net leverage, 0% Libor floor, 101 soft call for six months; Citigroup; repricing; Bowie, Md., provider of cloud-based platforms empowering data-driven healthcare.

JANE STREET GROUP LLC: $1.489 billion first-lien term B (Ba3/BB-) due January 2025 talked at Libor plus 300 bps, 0% Libor floor, OID 99.5 to 99.75, 101 soft call for six months; Morgan Stanley, BofA Securities and JPMorgan; extend existing term B; quantitative trading firm with a focus on technology and collaborative problem solving.

KBR INC.: $625 million term loan talked at Libor plus 275 bps to 300 bps, 0% Libor floor, OID 99.5; BofA Securities; refinance existing debt; Houston-based provider of comprehensive solutions for aerospace and defense, energy and chemicals, intel and data science, and federal and civilian markets.

KYMERA INTERNATIONAL: $165 million incremental first-lien term loan (B2/B) due October 2025 talked at Libor plus 600 bps, 0% Libor floor, OID 98 to 99, 101 soft call; Goldman Sachs, HSBC, KeyBanc and M&T; mergers and acquisitions; Research Triangle Park, N.C., specialty materials company focused on the copper and aluminum metal powder industry.

MATCH GROUP: $425 million seven-year term B talked at Libor plus 200 bps to 225 bps, 0% Libor floor, OID 99.75; BofA Securities, Citigroup, Goldman Sachs, Barclays, BMO, BNP Paribas, Capital One, Credit Suisse, Deutsche Bank, Fifth Third, JPMorgan, PNC and Societe Generale; extend and reprice existing term B; Dallas-based provider of dating products.

MISTER CAR WASH HOLDINGS INC.: $836 million of term loans; Jefferies; $796 million first-lien term loan due May 14, 2026 talked at Libor plus 325 bps, 25 bps step-down at 4.25x first-lien net leverage, 0% Libor floor, 101 soft call for six months; $40 million delayed-draw first-lien term loan due May 14, 2026 talked at Libor plus 325 bps, 25 bps step-down at 4.25x first-lien net leverage, 0% Libor floor; repricing; Tucson-based car wash company.

NATIONAL MENTOR: $205 million incremental first-lien term B (B2/B) due March 2026 talked at Libor plus 425 bps, 0% Libor floor, OID 99.5 to 99.75; Goldman Sachs, UBS and Barclays; refinance second-lien term loan; Boston-based provider of home- and community-based health and human services for individuals with intellectual, developmental, physical or behavioral disabilities and other special needs.

NFP CORP.: $1.8 billion seven-year term loan (B2) talked at Libor plus 300 bps, OID 99.25 to 99.5; BofA Securities; refinance existing term loan; New York-based insurance broker and consultant.

OPEN LENDING LLC: $225 million seven-year term B at Libor plus 600 bps, 0% Libor floor, OID 98, 101 soft call for six months; UBS; dividend recapitalization; Austin, Texas, provider of lending enablement and risk analytics solutions to financial institutions.

PIXELLE SPECIALTY SOLUTIONS LLC: $275 million credit facilities; Credit Suisse and Citizens; $20 million revolver; $255 million incremental first-lien term loan (B1/B) due October 2024 talked at Libor plus 625 bps to 650 bps, 1% Libor floor, OID 98, 101 soft call for six months; help fund acquisition of specialty paper mills in Jay, Maine and Stevens Point, Wis. from Verso Corp.; manufacturer of specialty paper products.

PQ CORP.: Expected closing Feb. 7; $947.5 million seven-year senior secured covenant-lite term B (B1/BB-) talked at Libor plus 200 bps to 225 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; Citigroup; repricing and extension; Malvern, Pa., producer of specialty inorganic performance chemicals and catalysts.

RADIOLOGY PARTNERS INC.: Roughly $1.34 billion first-lien term B due July 9, 2025 talked at Libor plus 425 bps, 101 soft call for six months; Barclays, Deutsche Bank, JPMorgan, Goldman Sachs, Fifth Third and BofA Securities; repricing; El Segundo, Calif., radiology physician practice management company.

RBMEDIA: $350 million add-on first-lien term loan due Aug. 31, 2025 talked at Libor plus 450 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Goldman Sachs, KKR, Morgan Stanley, ING and SunTrust; fund acquisition of OverDrive; Landover, Md., digital audiobook and related spoken-word content producer.

ROHM: $612 million term B (B2/B/B) due July 31, 2026 talked at Libor plus 500 bps, 0% Libor floor, OID 95; Barclays, Deutsche Bank, Goldman Sachs, BofA Securities, RBC, HSBC, NatWest, Bank of China and Helaba; also €977 million term B (B2/B/B) due July 31, 2026 talked at Euribor plus 500 bps, 0% floor, OID 95; sell-down of loans obtained last year for the buyout of Evonik Industries AG’s methacrylates business by Advent International; provider of methacrylate solutions to a variety of end markets, including paints and coatings, construction, automotive and health care.

RUSSELL INVESTMENTS: Roughly $1.026 billion first-lien term B talked at Libor plus 250 bps to 275 bps, 1% Libor floor, 101 soft call for six months; Barclays; repricing; Seattle-based asset manager.

SPRING EDUCATION GROUP: $634 million term loan talked at Libor plus 375 bps to 400 bps, 0% Libor floor, 101 soft call for six months; Macquarie; repricing; California-based provider of pre-K through 12th grade education.

STATION CASINOS LLC: $1.6 billion term B (Ba3/BB-) talked at Libor plus 225 bps, 0.25% Libor floor, OID 99.5 to 99.75, 101 soft call for six months; JPMorgan, Deutsche Bank, Wells Fargo, Fifth Third, Citizens, BNP Paribas, SunTrust, Citigroup, Goldman Sachs and KeyBanc; help refinance existing debt; Las Vegas-based casino gaming company.

TRANSDIGM: $7.523 billion of term loans (Ba3); Goldman Sachs; $2.221 billion term E due May 2025 talked at Libor plus 200 bps to 225 bps, 0% Libor floor, 101 soft call for six months; $1.778 billion term G due December 2025 talked at Libor plus 225 bps, 0% Libor floor, OID 99.75 to 99.875, 101 soft call for six months; $3.524 billion term F due August 2024 talked at Libor plus 200 bps to 225 bps, 0% Libor floor, 101 soft call for six months; repricing; Cleveland-based designer, producer and supplier of highly engineered aircraft components for use on commercial and military aircraft.

UFINET INTERNATIONAL: $525 million term loan talked at Libor plus 450 bps, 0.75% Libor floor, 101 soft call for six months; UBS; repricing; Madrid-based provider of fiber infrastructure and transmission services to telecom operators.

UNITED PLANET FITNESS (UNITED PF HOLDINGS LLC): $746 million credit facilities; Jefferies, Antares and Fifth Third; $40 million five-year revolver (B1/B); $525 million seven-year first-lien term loan (B1/B) talked at Libor plus 400 bps to 425 bps, 0% Libor floor, OID 99, 101 soft call; and $65 million delayed-draw first-lien term loan (B1/B) talked at Libor plus 400 bps to 425 bps, 0% Libor floor, OID 99; $116 million eight-year privately placed second-lien term loan (Caa1/CCC+); help fund buyout by American Securities; Austin, Tex., operator of Planet Fitness Clubs.

UPC FINANCING PARTNERSHIP: About $700 million covenant-lite term loan (Ba3/BB/BB+) due April 30, 2028 talked at Libor plus 225 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; BofA Securities (left on U.S.), Credit Suisse (left on euro), Barclays, BNP Paribas, Credit Agricole, Deutsche Bank, Goldman Sachs, HSBC, ING, JPMorgan, Morgan Stanley, NatWest and Scotia; also €400 million covenant-lite term loan (Ba3/BB/BB+) due April 30, 2029 talked at Euribor plus 250 bps, 0% floor, OID 99.75, 101 soft call for six months; refinance notes; European cable company.

VERITEXT LLC (VT TOPCO, INC.): $471 million first-lien term loan due August 2025 talked at Libor plus 350 bps, 0% Libor floor, 101 soft call for six months; Jefferies; repricing; Livingston, N.J., services provider to the legal industry.

VIAGOGO: $2.2 billion equivalent of term loans (B); JPMorgan; $1.95 billion seven-year first-lien term B at Libor plus 350 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $250 million euro equivalent seven-year first-lien term B talked at Euribor plus 350 bps, 0% floor, OID 99.75 to par, 101 soft call for six months; help fund acquisition of StubHub from eBay Inc.; Geneva-based online resale ticket marketplace.

WEB.COM GROUP INC.: $997.6 million covenant-lite term B due Oct. 11, 2025 talked at Libor plus 350 bps, 0% Libor floor, 101 soft call for six months; Morgan Stanley; repricing; Jacksonville, Fla., provider of a full range of internet services and online marketing solutions.

WELLS ENTERPRISES: $50 million add-on covenant-lite term B due March 2025 at Libor plus 300 bps, step-down to Libor plus 275 bps at Ba3/BB- issuer ratings, 0% Libor floor; refinance ABL borrowings; Le Mars, Iowa, ice cream and frozen treat manufacturer.

WRENCH GROUP LLC: $298.9 million of term loans; Jefferies; $223.9 million first-lien term loan due April 30, 2026 talked at Libor plus 375 bps to 400 bps, 0% Libor floor, 101 soft call for six months; $75 million first-lien delayed-draw term loan due April 30, 2026 talked at Libor plus 375 bps to 400 bps, 0% Libor floor; Jefferies; repricing; provider of home maintenance and repair services specializing in heating, ventilation and air conditioning, plumbing and electrical services.

ZOTEC PARTNERS: $292 million first-lien term B (B2/B-) due February 2024 talked at Libor plus 400 bps, 1% Libor floor, OID 99.5 to 99.75, 101 soft call for six months; Goldman Sachs; refinance existing term B; Carmel, Ind., provider of comprehensive revenue cycle management solutions for hospitals and office-based physician practices.

On The Horizon

ACPRODUCTS INC.: New debt financing; help fund acquisition of Masco Cabinetry from Masco Corp.; The Colony, Texas, manufacturer of cabinetry products.

ALTA EQUIPMENT GROUP INC.: $470 million credit facilities; $300 million asset-based revolver led by JPMorgan; $170 million term loan; help fund acquisition of Alta Equipment Holdings Inc. by B. Riley Principal Merger Corp.; Livonia, Mich., provider of industrial and construction equipment and related services.

AMNEAL PHARMACEUTICALS INC.: $210 million credit facilities; SunTrust; $30 million revolver; $180 million senior secured pro rata term loan at an unrestricted subsidiary; help fund acquisition of a 65.1% interest in AvKARE Inc.; Bridgewater, N.J., pharmaceutical company.

ATLAS TECHNICAL CONSULTANTS INC. (BOXWOOD MERGER CORP.): Up to $321 million senior secured credit facilities; Macquarie and Natixis; $40 million five-year revolver expected at Libor plus 425 bps, 1% Libor floor; $281 million seven-year covenant-lite first-lien term loan expected at Libor plus 425 bps, 1% Libor floor, 101 soft call for six months; help fund acquisition of Atlas Intermediate Holdings LLC; Austin, Tex., provider of professional testing, inspection, engineering and consulting services.

CHAMPIONX: Roughly $537 million term loan; Bank of America; fund a cash payment to Ecolab Inc. in connection with sale to Apergy Corp. by Ecolab; upstream energy business.

CINCINNATI BELL INC.: New debt financing; BofA Securities, BMO, Citigroup, TD Securities and Wells Fargo; help fund acquisition by Brookfield Infrastructure; Cincinnati-based provider of integrated communications solutions.

CULLIGAN: New debt financing; Morgan Stanley, Ares, PSP, RBC, BofA Securities and Credit Suisse; help fund acquisition of AquaVenture Holdings Ltd.; Rosemont, Ill., provider of sustainable water solutions and services.

DIVERSIFIED RESTAURANT HOLDINGS INC.: New debt financing; help fund buyout by ICV Partners LLC; Troy, Mich.-based franchisee for Buffalo Wild Wings sports bars.

DUFF & PHELPS: New debt financing; Goldman Sachs; help fund buyout by Stone Point Capital and Further Global; New York-based independent adviser.

ELDORADO RESORTS INC./CAESARS ENTERTAINMENT CORP.: $6.4 billion credit facilities; JPMorgan (left on Eldorado), Credit Suisse (left on Caesars), Macquarie, BofA Securities, Deutsche Bank, Goldman Sachs, SunTrust, U.S. Bank, KeyBanc, Fifth Third and Citizens; $1 billion revolver at Eldorado expected at Libor plus 325 bps, 0% Libor floor; $3 billion seven-year covenant-lite term B at Eldorado expected at Libor plus 350 bps, 0% Libor floor, 101 soft call for six months; $2.4 billion seven-year covenant-lite term B at Caesars Resorts Collection expected at Libor plus 325 bps, 0% Libor floor, 101 soft call for six months; help fund acquisition of Caesars; Reno, Nev., gaming company.

LOGMEIN INC.: New debt financing; Barclays, RBC, Deutsche Bank, Mizuho and Jefferies; help fund buyout by Francisco Partners and Elliott Management Corp.; Boston-based provider of cloud-based connectivity.

MATCH GROUP: New debt financing; help fund separation from IAC; Dallas-based provider of dating products.

NORTHWEST FIBER LLC: New debt financing; help fund acquisition of Frontier Communications Corp.’s operations and associated assets in Washington, Oregon, Idaho and Montana by WaveDivision Capital LLC and Searchlight Capital Partners LLC.

SILGAN HOLDINGS INC.: $900 million delayed-draw term loan; fund acquisition of Albea Beauty Holdings SA’s dispensing business; Stamford, Conn., producer of rigid packaging for consumer goods.

SIRVA INC.: New debt financing; Barclays, Deutsche Bank and BofA Securities; help fund acquisition of relocation assets of Cartus from Realogy Holdings Corp.; Oakbrook Terrace, Ill., relocation and moving company.

TECH DATA: New debt financing; Citigroup, JPMorgan, Wells Fargo, Barclays and RBC; help fund buyout by Apollo Global Management Inc.; Clearwater, Fla., distributor of IT products.

T-MOBILE USA INC.: $8 billion senior secured credit facilities; Barclays, Credit Suisse, Deutsche Bank, Goldman Sachs, Morgan Stanley, RBC, BNP Paribas, Commerzbank, Credit Agricole, TD Securities and Wells Fargo; $4 billion five-year revolver expected at Libor plus 125 bps, 0% Libor floor; $4 billion seven-year covenant-lite term loan expected at Libor plus 175 bps, 0% Libor floor, 101 soft call for six months; refinance existing debt in connection with merger with Sprint Corp. and fund working capital needs; Bellevue, Wash., communications services company.

WESCO INTERNATIONAL INC.: $1.2 billion senior secured asset-based revolver; Barclays; help fund acquisition of Anixter International; Pittsburgh-based distributor and provider of supply chain management services to the aerospace industry.

WEX INC.: $1.052 billion seven-year term B expected at Libor plus 250 bps, 101 soft call for six months; BofA Securities; help fund acquisition of eNett; South Portland, Maine, provider of corporate payment solutions.

WHOLE EARTH BRANDS (ACT II GLOBAL ACQUISITION CORP.): $235 million credit facilities; TD Bank; $50 million revolver; $185 million term A; help fund formation through acquisition of Merisant Co. and MAFCO Worldwide LLC by Act II from MacAndrews & Forbes Inc.; platform of branded products and ingredients focused on the consumer transition towards Natural alternatives and clean label products.

XPERI CORP.: $1.1 billion seven-year senior secured covenant-lite term B expected at Libor plus 250 bps if corporate ratings are at least Ba3/BB- and Libor plus 275 bps if corporate ratings are lower than Ba3/BB-, 0% Libor floor, 101 soft call for six months; BofA Securities, RBC and Barclays; refinance debt in connection with merger with TiVo Corp.; San Jose, Calif., licenser of technologies and intellectual property.

ZAYO GROUP HOLDINGS INC.: $6.74 billion senior secured credit facilities; Credit Suisse, Morgan Stanley, Citigroup, Deutsche Bank, SunTrust and TD Securities; $500 million multi-currency revolver; $6.24 billion of term loans; help fund buyout by Digital Colony Partners and the EQT Infrastructure IV fund and refinance existing debt; Boulder, Colo., provider of mission-critical bandwidth to companies.


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