Dun & Bradstreet launches $2.2 billion term loan at SOFR plus 275 bps

By Sara Rosenberg

New York, Jan. 16 – Dun & Bradstreet Corp. held a lender call at 11 a.m. ET on Tuesday to launch a $2.202 billion term loan B due January 2029 that is talked at SOFR plus 275 basis points with a 25 bps step-down at Ba3/BB+ corporate ratings and a 0% floor, according to a market source.

Of the total term loan amount, $1.75 billion is an incremental piece to refinance a 2026 term loan priced at SOFR+CSA of 10 bps one-month rate, 26 bps three-month rate and 43 bps six-month rate, plus 300 bps with a 0% floor, and $452 million is to reprice an existing term loan due January 2029 down from SOFR plus 300 bps with a 0% floor.

The incremental piece is talked with an original issue discount of 99.875 and the repricing is talked with a par issue price, the source said.

BofA Securities Inc. is the left lead arranger on the deal.

Commitments are due at noon ET on Jan. 23, the source added.

Dun & Bradstreet is a Short Hills, N.J.-based provider of business decisioning data and analytics.

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