E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/18/2021 in the Prospect News Bank Loan Daily.

Bank Loan Calendar: $29.025 billion deals being marketed

June Bank Meetings

CHARTER NEXT GENERATION INC.: Lender call June 21; $1.836 billion first-lien term loan due December 2027; Jefferies and KKR; repricing; Milton, Wis., producer of specialty films used in flexible packaging, industrial, health care, and consumer applications.

MAD ENGINE: Lender call June 21; $250 million six-year covenant-lite first-lien term loan; Deutsche Bank, Wells Fargo and Credit Suisse; help fund acquisition of Fifth Sun from Dan Gonzales; San Diego-based apparel and accessories company.

TECHNIMARK LLC: Lender call June 21; $660 million of term loans; Goldman Sachs, Wells Fargo, Antares and MUFG; $460 million first-lien term loan; $170 million privately placed second-lien term loan; $30 million privately placed delayed-draw second-lien term loan; help fund acquisition of a controlling stake in the company by Oak Hill Capital; Asheboro, N.C., manufacturer of custom application medical, consumer packaged goods, and specialty industrial plastic components and value-added assemblies.

Upcoming Closings

ADVANCED PERSONNEL MANAGEMENT: $300 million term loan due June 2026 talked at Libor plus 375 bps to 400 bps, 0.5% Libor floor, OID 99 to 99.5, 101 soft call for six months; BofA Securities and Goldman Sachs; also A$335 million term loan due June 2026 talked at BSBY plus 425 bps to 450 bps, 0.5% floor, OID 99 to 99.5, 101 soft call for six months; refinance existing debt; Australia-based human services and health care organization.

ARCHKEY SOLUTIONS (ARCHKEY HOLDINGS INC.): $320 million seven-year covenant-lite first-lien term loan (B2/B) talked at Libor plus 500 bps to 525 bps, 0.75% Libor floor, OID 99, 101 soft call for six months; Deutsche Bank, Barclays and UBS; help fund buyout by One Rock Capital Partners LLC; St. Louis-based electrical and technologies contracting and services provider.

ARTERA SERVICES LLC: $775 million incremental first-lien term loan (B3) due March 6, 2025 talked at Libor plus 350 bps to 375 bps, 1% Libor floor, OID 99, 101 soft call for six months; UBS, BofA Securities, BNP Paribas, Deutsche Bank, Mizuho, BMO, MUFG, Citizens, Antares and Jefferies; fund acquisitions of Feeney Utility Services Group and K.R. Swerdfeger Construction; Atlanta-based provider of integrated infrastructure services to the natural gas and electric utility industries.

ASPEN DENTAL MANAGEMENT: $700 million incremental term loan (B2/B) talked at Libor plus 400 bps to 425 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; RBC; fund a shareholder distribution; East Syracuse, N.Y., dental support organization.

AT HOME GROUP INC.: $600 million term B (B1/B) talked at Libor plus 450 bps to 475 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; BofA Securities, Barclays, Deutsche Bank and Wells Fargo; help fund buyout by Hellman & Friedman; Plano, Tex., home decor superstore.

BBB INDUSTRIES LLC: $180 million incremental first-lien term loan talked at Libor plus 450 bps, 0% Libor floor, OID 99.25; UBS, Credit Suisse and BMO; refinance a second-lien term loan; Daphne, Ala., remanufacturer and distributor of non-discretionary and application specific replacement parts to the automotive aftermarket.

BGIS (BROOKFIELD GLOBAL INTEGRATED SOLUTIONS): Expected closing June 21 week; $245 million of term loans (B2/B); Citigroup, Morgan Stanley, BMO, TD Securities, CIBC, MUFG and Shinhan; $220 million add-on senior secured covenant-lite first-lien term loan due May 31, 2026 talked at Libor plus 375 bps, 0% Libor floor, OID 99 to 99.5, 101 soft call for six months; $25 million delayed-draw covenant-lite term loan due May 31, 2026 talked at Libor plus 375 bps, 0% Libor floor, OID 99 to 99.5; pay a dividend and fund tuck-in acquisitions; integrated facilities management company.

CANO HEALTH LLC: $295 million incremental covenant-lite first-lien term loan (B) due November 2027 talked at Libor plus 450 bps, 25 bps step-down at B2/B corporate family ratings, 0.75% Libor floor, OID 99.5, 101 soft call for six months; Credit Suisse; help fund acquisition of University Health Care; Miami-based tech-powered, value-based care delivery platform.

CENGAGE LEARNING INC.: $1.25 billion five-year covenant-lite first-lien term B (B2/B) talked at Libor plus 475 bps to 500 bps, 1% Libor floor, OID 99, 101 soft call for six months; Morgan Stanley; help refinance an existing term B; Boston-based educational content, technology and services company.

CENTROMOTION: $545 million seven-year first-lien term loan (including $125 million delayed-draw tranche) (B3/B) talked at Libor plus 500 bps to 525 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; JPMorgan; fund the acquisition of Carlisle Brake & Friction from Carlisle Cos. Inc., repay debt and general corporate purposes; Waukesha, Wis., designer and manufacturer of highly engineered components and systems for the industrial and transportation markets.

CULLIGAN (OSMOSIS DEBT MERGER SUB INC.): Expected closing late July; $2.475 billion senior secured credit facilities (B3/B); Morgan Stanley and Citigroup; $225 million five-year revolver; $2 billion seven-year covenant-lite first-lien term B at Libor plus 400 bps, 25 bps step-downs at 0.5x and 1x inside closing first-lien net leverage, 0.5% Libor floor, OID 99.5, 101 soft call for six months; $250 million delayed-draw term loan at Libor plus 400 bps, 25 bps step-downs at 0.5x and 1x inside closing first-lien net leverage, 0.5% Libor floor, OID 99.5; help fund buyout by BDT Capital Partners LLC from Advent International and Centerbridge Partners LP; Rosemont, Ill., provider of water treatment products and services.

DYNATA: $75 million add-on term B talked at Libor plus 550 bps, 1% Libor floor, OID 97.5 to 98, 101 soft call for six months; Goldman Sachs; repay revolver borrowings and fund cash to balance sheet; provider of digital data collection for consumer and B2B survey research.

EAB: $1.015 billion of term loans; Macquarie, Deutsche Bank, CPPIB, BMO and HSBC on first-lien, UBS on second-lien; $745 million first-lien term loan (B-) talked at Libor plus 350 bps to 375 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; $270 million privately placed second-lien term loan; fund a recapitalization by BC Partners; Washington, D.C.-based education technology company.

ELEMENT SOLUTIONS INC.: $400 million tack-on senior secured term B (Ba1/BBB-) due Jan. 31, 2026 talked at Libor plus 200 bps, 0% Libor floor, OID 99.03 to 99.5, 101 soft call for six months; Goldman Sachs, Citigroup, JPMorgan, Barclays and BofA Securities; help fund the acquisition of Coventya Holding SAS; Fort Lauderdale, Fla., diversified specialty chemicals company.

FOCUS FINANCIAL PARTNERS INC.: $800 million seven-year first-lien term loan (including $400 million delayed-draw tranche) (BB-) talked at Libor plus 250 bps, 0.5% Libor floor, OID 99.5, 101 soft call for six months; RBC and Stone Point; fund acquisitions; New York-based partnership of independent, fiduciary wealth management firms.

GASTRO HEALTH: $550 million credit facilities; BMO; $60 million revolver (B2/B-); $300 million first-lien term loan (B2/B-) talked at Libor plus 450 bps, 0.75% Libor floor, OID 99, 101 soft call for six months; $100 million delayed-draw first-lien term loan (B2/B-) talked at Libor plus 450 bps, 0.75% Libor floor, OID 99; $90 million privately placed second-lien term loan (Caa2/CCC); help fund buyout by Omers; Miami-based platform supporting medical groups specializing in the treatment of gastrointestinal disorders, nutrition and digestive health.

GIBSON BRANDS INC.: $250 million seven-year term B (B2/B-) talked at Libor plus 550 bps, 0.75% Libor floor, OID 99, 101 soft call for six months; KKR and JPMorgan; refinance existing debt and fund a dividend; Nashville-based maker of musical instruments and audio equipment.

GROSVENOR CAPITAL MANAGEMENT HOLDINGS LLLP: Expected closing June 21 week; $110 million incremental covenant-lite first-lien term B (Ba3/BB+) due February 2028 at Libor plus 250 bps, 0.5% Libor floor, OID 99.25, 101 soft call for six months; Morgan Stanley; repurchase certain fund investments and rights to future carry associated with Mosaic; Chicago-based independent alternative asset management firm.

HCA INC.: $1 billion term B-14 talked at Libor plus 175 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; BofA Securities; refinance existing debt; Nashville, Tenn., health care services provider.

HDT GLOBAL: $280 million term B (B1/B) talked at Libor plus 525 bps to 550 bps, 0.75% Libor floor, OID 99, 101 soft call for six months; RBC, Barclays and Societe Generale; help fund buyout by Nexus Capital Management LP from Charlesbank Capital Partners; Solon, Ohio, manufacturer of highly engineered, mission capable infrastructure solutions across defense, aerospace and government markets.

HERMAN MILLER INC.: $625 million term B (Ba1/BBB-) talked at Libor plus 225 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Goldman Sachs, Wells Fargo, Citizens, JPMorgan, KeyBanc, PNC, Huntington National and Truist; help fund acquisition of Knoll Inc.; Zeeland, Mich., office furniture and equipment manufacturer.

HERTZ CORP.: Expected closing June 30; $1.545 billion of senior secured term loans; Barclays; $1.3 billion seven-year first-lien term B (B2/B+) at Libor plus 350 bps, 25 bps step-down at 3.5x gross corporate leverage, 0.5% Libor floor, OID 99.5, 101 soft call for six months; $245 million seven-year first-lien term C (B2/BB-) at Libor plus 350 bps, 25 bps step-down at 3.5x gross corporate leverage, 0.5% Libor floor, OID 99.5, 101 soft call for six months; help fund plan of reorganization; Estero, Fla., car rental company.

INTERNATIONAL-MATEX TANK TERMINALS (ITT HOLDINGS LLC): $950 million credit facilities (Ba2/BB); Jefferies, Wells Fargo, CIBC, First Horizon, MUFG and Regions; $300 million five-year revolver; $650 million seven-year senior secured term loan talked at Libor plus 300 bps to 325 bps, 0.5% Libor floor, OID 99.5, 101 soft call for six months; help refinance existing debt and fund a distribution; New Orleans-based handler and storer of bulk liquid products.

J.D. POWER: $450 million of term loans; RBC (left on first-lien) and KKR (left on second-lien); $410 million incremental first-lien term loan (/B-/B+) talked at Libor plus 375 bps to 400 bps, 0.5% Libor floor, OID 99.5, 101 soft call for six months; $40 million incremental second-lien term loan talked at Libor plus 800 bps, 0% Libor floor, issue price par; fund an acquisition and refinance a term B-1; Troy, Mich., provider of automobile transactional data, valuation tools, vehicle feature information and consumer analytics to the automotive industry.

KANTAR: $500 million first-lien term B (B2/B-) due December 2026 talked at Libor plus 500 bps, 0.75% Libor floor, OID 99, 101 soft call for six months; Goldman Sachs, Morgan Stanley, BofA Securities, Barclays, Credit Suisse, Deutsche Bank and Jefferies; help fund acquisition of Numerator; London-based data analytics and brand consulting group.

K-MAC HOLDINGS CORP.: $645 million credit facilities; BMO, Goldman Sachs, KKR and RBC; $60 million revolver (B2/B-); $480 million first-lien term loan (B2/B-) at Libor plus 350 bps, 0.5% Libor floor, OID 99.5, 101 soft call for six months; $105 million second-lien term loan (Caa2/CCC) at Libor plus 675 bps, 0.5% Libor floor, OID 99.5, hard call 102, 101; help fund buyout by Mubadala Capital; Fort Smith, Ark., owner and operator of Taco Bell restaurants.

MAXLINEAR: Expected closing June 21 week; $450 million credit facilities; Wells Fargo, MUFG, BMO and Citizens; $350 million seven-year covenant-lite term B (Ba3/BB-) at Libor plus 225 bps, 0.5% Libor floor, OID 99.75, 101 soft call for six months; $100 million revolver (Ba3) due 2026; repay existing term A and term B; Carlsbad, Calif., provider of integrated, radio-frequency analog, and mixed-signal semiconductor solutions for broadband communications applications.

MEDDATA INC.: $230 million term B (B3/B-) talked at Libor plus 500 bps to 525 bps, 0.75% Libor floor, OID 99, 101 soft call for six months; KeyBanc; fund an acquisition and refinance existing debt; Spring, Tex., provider of medical revenue cycle management services.

MEDFORTH: $1.05 billion term loan talked at Libor plus 325 bps, 0.5% Libor floor, OID 99 to 99.5, 101 soft call for six months; Macquarie, Goldman Sachs, Credit Suisse, Deutsche Bank, HSBC, TCG and Morgan Stanley; fund a recapitalization by the Carlyle Group; New York-based educational institution, providing students medical degrees and veterinary degrees.

MILK SPECIALTIES CO.: $619 million of term loans; Credit Suisse; $519 million first-lien term loan (including $80 million incremental) (B2/B) due August 2025 talked at Libor plus 400 bps, 1% Libor floor, OID 99.5 on incremental, 50 bps consent fee on extension, 101 soft call for six months; $100 million privately placed second-lien term loan; fund a shareholder distribution and extend existing first-lien term loan; Eden Prairie, Minn., produced of dairy based specialty functional ingredients.

PADAGIS LLC: $850 million seven-year term B (B1/B/BB+) talked at Libor plus 475 bps, 25 bps step-down at 0.5x inside closing date net first-lien leverage, 0.5% Libor floor, OID 99, 101 soft call for six months; JPMorgan and Goldman Sachs; help fund buyout by Altaris Capital Partners LLC from Perrigo Co. plc; prescription pharmaceutical company.

PRECISELY: $415 million of term loans; JPMorgan; $330 million add-on first-lien term loan talked at Libor plus 425 bps, 0.75% Libor floor, OID 98.75 to 99; $85 million add-on second-lien term loan talked at Libor plus 725 bps, 0.75% Libor floor, OID 99 to 99.25; fund the acquisition of Winshuttle from Symphony Technology Group; provider of data integrity software.

PRESTIGE BRANDS INC.: Expected closing July 1; $600 million seven-year senior secured term B-5 (Ba2/BB) at Libor plus 200 bps, 0.5% Libor floor, OID 99.5, 101 soft call for six months; Barclays; fund the acquisition of a portfolio of over-the-counter brands from Akorn Operating Co. LLC and refinance an existing term B; Tarrytown, N.Y., marketer and distributor of over-the-counter health care and household cleaning products.

RE/MAX LLC: $460 million seven-year term B (Ba3/BB) talked at Libor plus 250 bps to 275 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; JPMorgan; refinance existing debt and fund acquisition of North America regions of RE/MAX Integra; Denver-based franchisor of real estate brokerage services.

SOLMAX: $535 million seven-year senior secured term loan (B2/B) talked at Libor plus 475 bps, 0.75% Libor floor, OID 99 area, 101 soft call for six months; Barclays, TD Securities, HSBC and BMO; fund the acquisition of TenCate Geosynthetics from Koninklijke Ten Cate and refinance existing debt; Quebec-based producer of polyethylene geomembranes for industrial and environmental applications.

TENABLE INC.: $350 million term B (B1/B+) talked at Libor plus 300 bps to 325 bps, 0.5% Libor floor, OID 99.5, 101 soft call for six months; JPMorgan; general corporate purposes; Columbia, Md., cybersecurity company.

TIVITY HEALTH INC.: $500 million senior secured credit facilities (B2/B+); Morgan Stanley, Credit Suisse and Truist; $100 million five-year revolver; $400 million seven-year covenant-lite first-lien term B talked at Libor plus 450 bps to 475 bps, 0% Libor floor, OID 99 to 99.5, 101 soft call for six months; refinance existing credit facilities; Franklin, Tenn., provider of fitness and health improvement programs.

TRAEGER (TGP HOLDINGS III LLC): $685 million credit facilities (B2/B); Credit Suisse, Morgan Stanley, MUFG, Jefferies, BMO and RBC; $125 million revolver; $560 million seven-year first-lien term loan (including $50 million delayed-draw tranche) talked at Libor plus 400 bps, 0.75% Libor floor, OID 99 to 99.5, 101 soft call for six months; refinance existing debt and fund cash to the balance sheet; Salt Lake City-based designer and marketer of outdoor cooking products.

UNIFIED WOMEN’S HEALTHCARE LP: $235 million incremental first-lien term loan due Dec. 18, 2027 talked at Libor plus 425 bps, 0.75% Libor floor, OID 99 to 99.5; Barclays, Credit Suisse, BofA Securities, RBC, Deutsche Bank and Antares; fund the acquisition of CCRM; Boca Raton, Fla., practice management platform in women’s health care.

UNITED TALENT AGENCY: $300 million term B (B2/B+) talked at Libor plus 375 bps to 400 bps, 0.75% Libor floor, OID 99, 101 soft call for six months; JPMorgan; refinance existing debt, fund a distribution and add cash to the balance sheet; talent and entertainment company.

VISUAL COMFORT & CO. (ILLUMINATE MERGER SUB CORP.): $1.17 billion of term loans; Deutsche Bank (left on first-lien), Goldman Sachs (left on second-lien), Barclays, Credit Suisse, KeyBanc and Nomura; $835 million seven-year covenant-lite first-lien term loan (B1/B) talked at Libor plus 375 bps to 400 bps, 0.5% Libor floor, OID 99.5, 101 soft call for six months; $335 million eight-year covenant-lite second-lien term loan (Caa1/CCC+) talked at Libor plus 700 bps to 725 bps, 0.5% Libor floor, OID 99, call protection 102, 101; help fund strategic investment by Goldman Sachs Asset Management and Leonard Green & Partners LP alongside existing investment partner, AEA Investors; Houston-based provider of decorative and functional lighting.

VOCUS: Expected closing in July; $750 million seven-year senior secured covenant-lite term B (B1/BB-) (including $25 million delayed-draw tranche) at Libor plus 350 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; Morgan Stanley, Deutsche Bank and Natixis; also A$1.043 billion seven-year senior secured covenant-lite term B (including A$118 million equivalent delayed-draw tranche) (B1/BB-) at BBSY plus 400 bps, 0.5% floor, OID 99; help fund buyout by Macquarie Infrastructure and Real Assets and Aware Super; Melbourne, Australia, fibre and network solutions provider.

WCG PURCHASER CORP.: $200 million incremental first-lien term loan due Jan. 8, 2027 talked at Libor plus 400 bps, 1% Libor floor, OID 99 to 99.5; Barclays, Goldman Sachs, Morgan Stanley, BofA Securities, Jefferies, BMO, UBS, HSBC and Golub; fund an acquisition; Princeton, N.J., provider of clinical trial optimization solutions.

On The Horizon

AGGREKO PLC: £1 billion equivalent senior credit facilities; BofA Securities, Barclays, Deutsche Bank, Goldman Sachs and Banco Santander; £300 million multicurrency revolver; £700 million equivalent U.S. dollar denominated five-year term loan expected at Libor plus 450 bps, two step-downs of 25 bps each based on 0.5x deleveraging from opening leverage, 0.5% Libor floor, 101 soft call for six months; help fund buyout by TDR Capital LLP and I Squared Capital; U.K.-based provider of mobile power, heating and cooling solutions.

ALASKA COMMUNICATIONS SYSTEMS GROUP INC.: $235 million senior secured credit facilities; Fifth Third; $35 million revolver; $200 million of term loans; help fund acquisition by a newly formed entity owned by ATN International Inc. and Freedom 3 Capital LLC; Anchorage provider of advanced broadband and managed IT services.

ATLANTIC AVIATION: $1.65 billion of term loans; Jefferies (left on first-lien) and KKR (left on second-lien); $1.3 billion first-lien term loan; $350 million second-lien term loan; help fund buyout by KKR from Macquarie Infrastructure Corp.; operator of fixed base operations, providing a full suite of critical services to the private aviation sector.

CAREMAX INC.: New senior secured credit facilities; RBC; help fund formation through acquisitions of CareMax Medical Group LLC and IMC Medical Group Holdings LLC by Deerfield Healthcare Technology Acquisitions Corp.; technology-enabled care platform providing care and chronic disease management to seniors.

CINCINNATI BELL INC.: $1.6 billion senior secured credit facilities; Goldman Sachs, Regions Capital and Societe Generale; $250 million revolver; $1.35 billion of term loans; help fund acquisition by Macquarie Infrastructure Partners; Cincinnati-based provider of integrated communications solutions.

CLOUDERA INC.: New debt financing; JPMorgan, BofA Securities and KKR; help fund buyout by Clayton, Dubilier & Rice and KKR; Santa Clara, Calif., enterprise data cloud company.

DIASORIN SPA: $1.1 billion term loan due 2026; Citigroup, BNP Paribas, Mediobanca and UniCredit; help fund acquisition of Luminex Corp.; Italy-based developer, producer and marketer of reagent kits used by diagnostic laboratories.

DIRECTV: New debt financing; help fund creation of joint venture owned by AT&T and TPG Capital through spin-off of DirecTV, AT&T TV and U-verse services from AT&T Inc.; video services company.

ELANCO ANIMAL HEALTH INC.: New term loan; fund acquisition of Kindred Biosciences Inc.; Greenfield, Ind., animal health company.

FIREEYE PRODUCTS: New debt financing; UBS and Jefferies; help fund buyout by Symphony Technology Group and combination with McAfee Enterprise; provider of network, email, endpoint and cloud security products.

FLY LEASING LTD.: New debt financing; RBC; help fund buyout by Carlyle Aviation Partners; Dublin-based aircraft leasing company.

GFL ENVIRONMENTAL INC.: Incremental debt financing; help fund acquisition of Terrapure Environmental Ltd.’s solid waste and environmental solutions business; Toronto-based waste management company.

GRAY TELEVISION INC.: $925 million incremental term loan; Wells Fargo; fund acquisition of Quincy Media Inc.; Atlanta-based television broadcast company.

GRAY TELEVISION INC.: $1.45 billion incremental term loan; Wells Fargo; help fund acquisition of Meredith Corp. and refinance some of Meredith’s existing debt; Atlanta-based television broadcast company.

II-VI INC.: $4 billion senior secured credit facilities; JPMorgan; $350 million revolver; $850 million term A; $2.8 billion term B; help fund acquisition of Coherent Inc.; Saxonburg, Pa., manufacturer of engineered materials and optoelectronic components.

LOYALTYONE: New debt financing; help fund spinoff from Alliance Data Systems Corp.; provider of loyalty programs and solutions.

MCGRAW HILL: New debt financing; BofA Securities; help fund buyout by Platinum Equity from Apollo Global Management Inc.; New York-based learning science company.

MEREDITH CORP.: $875 million credit facilities; RBC and Barclays; $150 million revolver; $725 million of secured term loans; help fund spinoff of National Media Group into standalone company retaining Meredith name and refinance some existing debt; Des Moines, Iowa, owner of a portfolio of magazines as well as digital and marketing assets.

MIRION TECHNOLOGIES INC.: $660 million credit facilities; Goldman Sachs and Citigroup; $90 million revolver; $570 million first-lien term loan; help fund merger with GS Acquisition Holdings Corp. II and refinance existing debt; Atlanta-based provider of mission-critical radiation detection and measurement solutions.

PRINCE INTERNATIONAL CORP.: New debt financing; help fund acquisition of Ferro Corp. and merger with Chromaflo Technologies; Houston-based manufacturer of performance-critical specialty products for niche applications in the construction, electronics, consumer products, agriculture, automotive, oil & gas, industrial and other end markets.

PROSIGHT GLOBAL INC.: $230 million credit facilities; Truist; $65 million revolver; $165 million term loan; help fund buyout by TowerBrook Capital Partners LP and Further Global Capital Management; Morristown, N.J., specialty insurance company.

SCIENCE APPLICATIONS INTERNATIONAL CORP.: Incremental debt; help fund acquisition of Halfaker and Associates LLC; Reston, Va., technology integrator.

STANDARD INDUSTRIES HOLDINGS INC.: $2.95 billion senior secured credit facilities; JPMorgan, BNP Paribas, Citigroup and Deutsche Bank; $450 million revolver; $2.5 billion term B; help fund acquisition of W.R. Grace & Co. by Standard Industries Holdings Inc.; New York-based industrial company.

SYNIVERSE: New debt financing; help refinance existing debt in connection with investment by Twilio Inc.; Tampa, Fla., provider of technology and business services for the telecommunications industry.

US LBM: New debt financing; Barclays and Credit Suisse; fund acquisition of American Construction Source from Angeles Equity Partners and Clearlake Capital Group; Buffalo Grove, Ill., distributor of specialty building materials.

YAHOO (VERIZON MEDIA): New debt financing; RBC, Barclays, BMO, Deutsche Bank and Mizuho; help fund buyout by Apollo Global Management Inc. from Verizon; technology and media company.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.