Amaya, Endemol, Cactus Wellhead, Mallinckrodt, Osum revised; Houston Fuel shutting early

By Sara Rosenberg

New York, July 28 – Amaya Gaming Group Inc. (Amaya BV and Amaya (US) Co-Borrower LLC) set U.S. and euro first-lien term loan tranche sizes on Monday and updated pricing on the first-lien debt as well as on its second-lien term loan, and Endemol Holdings NewCo widened spreads and offer prices on its first- and second-lien term loans.

Also, Cactus Wellhead LLC reduced the size of its term loan, widened the spread and original issue discount and adjusted the call protection, and Mallinckrodt International Finance SA increased the size of its term loan.

In addition, Osum Production Corp. raised pricing on its term loan while also modifying the offer price, and Houston Fuel Oil Terminal Co. moved up the commitment deadline on its credit facility.

Furthermore, Bowlmor AMF Corp., EP Minerals LLC, Guggenheim Partners Investment Management Holdings LLC and SeaStar Solutions released price talk with launch, and Bioplan/Arcade Marketing and Hill International NV surfaced with new deal plans.

Amaya Gaming finalized its U.S. seven-year first-lien covenant-light term loan (B1/BB) size at $1.75 billion and its euro seven-year first-lien covenant-light term loan (B1/BB) size at €200 million, versus initial talk of an all U.S. $2 billion loan and revised talk of a $2 billion equivalent loan, including a minimum €250 million tranche, according to a market source.

Additionally, pricing on the U.S. first-lien term loan firmed at Libor plus 400 basis points, the wide end of the Libor plus 375 bps to 400 bps talk, the source said.

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