Clarios Global sets talk with launch; Hilton Grand Vacations, Omnia Partners on deck

By Sara Rosenberg

New York, Jan. 3 – In the primary market on Wednesday, Clarios Global LP approached investors with a repricing of its existing term loan B that would result in a 50 basis points reduction in the spread.

Clarios held a lender call at noon ET on Wednesday to launch a $2.743 billion term loan B due May 2030 talked at SOFR plus 325 bps with a 0% floor, an original issue discount of 99.75 to par and 101 soft call protection for six months, according to a market source.

Also, Hilton Grand Vacations Borrower LLC came out with timing on the launch of its previously announced term loan B, and Omnia Partners LLC joined this week’s new issue calendar with a proposed repricing of its term loan B.

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