Dun & Bradstreet finalizes $460 million term loan OID at 99.25

By Sara Rosenberg

New York, Jan. 7 – Dun & Bradstreet Holdings Inc. set the original issue discount on its $460 million seven-year incremental term loan B (B+/BB+) at 99.25, the tight end of the 99 to 99.25 talk, according to a market source.

Pricing on the term loan remained at SOFR plus 325 basis points with a 25 bps step-down at B1/B+ corporate family ratings and a 0% floor.

The term loan still has 101 soft call protection for six months and no CSA.

BofA Securities Inc., Goldman Sachs Bank USA, JPMorgan Chase Bank, Barclays, Citigroup Global Markets Inc., RBC Capital Markets, Truist, Wells Fargo Securities LLC, Citizens, HSBC Securities (USA) Inc., Mizuho and TD Securities (USA) LLC are the lead arrangers on the deal. Senior managing agents include MUFG, BMO Capital Markets, Deutsche Bank Securities Inc., SMBC, Natixis and Jefferies LLC.

Proceeds will be used to redeem notes and add cash to the balance sheet.

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

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