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TransUnion revises $1.89 billion term loan B-6 OID to 99.75
By Sara Rosenberg
New York, Jan. 30 – TransUnion LLC widened the original issue discount on its $1.888 billion term loan B-6 due December 2028 to 99.75 from par, according to a market source.
Pricing on the term loan remained at SOFR plus 200 basis points with a 0.5% floor.
The term loan still has 101 soft call protection for six months.
JPMorgan Chase Bank is the lead on the deal. Deutsche Bank Securities Inc. is the administrative agent.
Proceeds will be used to reprice an existing term loan down from SOFR+ARRC CSA plus 225 bps with a 0.5% floor.
TransUnion is a Chicago-based information and insights company.
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