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Hamilton Projects, Ventia accelerate deadlines; Duff & Phelps, Univision float guidance
By Sara Rosenberg
New York, June 8 – In the primary market on Monday, Hamilton Projects Acquiror LLC moved up the commitment deadline for its term loan, and Ventia Finco Pty Ltd. accelerated the deadline for its U.S. incremental term loan.
Specifically, Hamilton Projects accelerated the commitment deadline for its $900 million seven-year first-lien term loan B to 5 p.m. ET on Wednesday from 5 p.m. ET on Thursday, according to a market source.
Talk on the term loan is Libor plus 500 basis points with a 1% Libor floor, an original issue discount of 96 to 97 and 101 soft call protection for one year.
Ventia moved up the commitment deadline for the U.S. portion of its fungible roughly A$525 million equivalent incremental U.S. and Australian senior secured term loan due May 21, 2026 to 5 p.m. ET on Wednesday from noon ET on Thursday, a market source said.
The commitment deadline for the Australian portion of the incremental term loan remains to be Friday, the source said.
Additionally, Duff & Phelps and Univision Communications Inc. released price talk on their proposed loan transactions in connection with their lender calls.
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