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Published on 1/22/2020 in the Prospect News Bank Loan Daily.

Bank Loan Calendar: $50.4589 billion deals being marketed

January Bank Meetings

ALIXPARTNERS LLP: Lender call Jan. 17; $1.513 billion covenant-lite term B due April 4, 2024 talked at Libor plus 250 bps, 0% Libor floor, 101 soft call for six months; Deutsche Bank; refinance existing term loan; New York-based performance improvement, corporate turnaround and financial advisory services firm.

ALLEN MEDIA: Bank meeting Jan. 23; $555 million credit facilities; RBC; $25 million five-year revolver; $530 million seven-year term B; help fund the acquisition of 11 broadcast television stations from USA Television and refinance existing debt; media, content and technology company.

AMERILIFE HOLDINGS LLC: $475 million covenant-lite first lien term loan, $390 million funded/$75 million delayed draw; 0% Libor floor, six month soft call at 101; also $75 million revolver and $115 million privately places second lien loan; Credit Suisse (lead arranger), Goldman Sachs, Barclays, MSSF, Jefferies (arrangers); to finance buyout of the company by Thomas H. Lee Partners; Clearwater, Fla.-based insurance company; bank meeting Jan. 23; commitments due Feb. 5.

BJ’S WHOLESALE CLUB INC.: $1,319,000,000 first-lien term loan due Feb. 3, 2024 repricing; Libor plus 225 bps with a stepdown to 200 bps effective no earlier than six months after closing and subject to senior secured facility ratings of Ba3/BB, issue price par, 0% Libor floor (unchanged), 101 soft call reset for six months; Nomura (others to be announced); commitments due Jan. 24; Westborough, Mass., operator of warehouse clubs.

COBHAM PLC: $788 million seven-year first lien term loan (B1/B), pricing Libor plus 425 bps, 1% Libor floor at 99, also €885 million seven-year first lien term loan (B1/B), pricing Euribor plus 425 bps, 1% Euribor floor at 99; 101 six month soft call protection on both tranches; Goldman Sachs (physical books, left lead on dollar-denominated tranche), Credit Suisse (physical books, joint active books on euro-denominated tranche, Citigroup (physical books), Barclays, Blackstone, BNP Paribas, Citigroup, Deutsche Bank, NatWest, UniCredit (joint books); to help fund buyout by Advent International Corp.; commitments due Feb. 4; U.K.-based technology and services innovator in diversified industries including defense and commerce.

EYECARE PARTNERS, LLC: Bank meeting Jan. 22; $900 million seven-year covenant-lite first lien term loan, pricing to be determined, 0% Libor floor, 101 soft call for six months; also $110 million revolver and $175 million privately placed second lien term loan; Credit Suisse, Macquarie, Barclays, Deutsche Bank, UBS, Nomura; to finance the acquisition of the company by Partners Group Holdings, AG; St. Louis-based vertically integrated eye care provider.

GIGAMON INC.: Lender call Jan. 22; $150 million incremental first-lien term loan due Dec. 27, 2024, 101 soft call for six months; Jefferies; repay second-lien term loan; Santa Clara, Calif., provider of active visibility into physical and virtual network traffic.

INNOPHOS HOLDINGS INC.: Bank meeting Jan. 22; $540 million senior secured credit facilities; RBC, KeyBanc and Barclays; $125 million five-year asset-based revolver; $415 million seven-year first-lien term B (B+); help fund buyout by One Rock Capital Partners LLC; Cranbury, N.J., producer of essential ingredients.

JEFFERIES FINANCE LLC: $746,250,000 repriced first lien term loan due June 2026 (same as existing), price talk Libor plus 325 bps (with one 25 bps leverage based stepdown), at par, 0% Libor floor, reset 101 soft call for 6 months; Jefferies, Citigroup, HSBC; commitments due Jan. 22; New York-based leveraged loan arranger and investor.

PGS ASA and PGS FINANCE, INC. (PETROLEUM GEO-SERVICES): Up to $527 million first lien term loan B facility due March 2024 ($377 million outstanding of existing term loan and $150 million new loan); pricing based on gross leverage: Libor plus 700 basis points at 1.75-times or greater, 650 bps at less than 1.75-times, 600 bps at less than 1.25-times (margin increases to 750 bps if ratings fall below B3/B-, and cannot fall below 650 bps unless ratings improve to B2/B or better); to extend existing tranche by 36 months and refinance senior notes due 2020; Barclays (agent, lead left arranger), ABN Amro, DNB Markets, JPMorgan, NDA (arrangers); Lilleakerveien, Norway-based oilfield services provider.

QUIKRETE HOLDINGS, INC.: $2.5 billion seven-year term loan B (B1/BB-); Wells Fargo; 101 six month soft call; 1% annual amortization; to refinance existing Libor 275 bps term loan B due 2023; supplier of packaged cement and concrete products; lender call Jan. 23; commitments due Jan. 29.

REYNOLDS CONSUMER PRODUCTS LLC: $2,475,000,000 seven-year first lien term loan, price talk Libor plus 175 to 200 bps, 0% Libor floor, at 99.5, 101 soft call for six months; Credit Suisse (lead arranger); to repay debt; commitments due Jan. 29; Auckland, New Zealand packaging company.

SCS HOLDINGS I INC. (SIRIUS): Lender call Jan. 21; $746 million repricing of first lien term loan due July 2026 (Ba3/B), talk Libor plus 325 to 350 bps from 425 bps, 0% Libor floor (same as existing) at par, 101 soft call reset for six months, 1% annual amortization; Credit Suisse; commitments due Jan. 27; mission critical infrastructure solutions provider.

Upcoming Closings

ACUREN (ROCKWOOD SERVICE CORP.): $445 million seven-year first-lien term B (B2/B) at Libor plus 425 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; BofA Securities, BMO and Antares; help fund buyout by American Securities; provider of testing services to energy and industrial markets.

AMERICAN AIRLINES INC.: Expected closing Jan. 27 week; $1.215 billion seven-year term B talked at Libor plus 175 bps, 0% Libor floor, OID 99 to 99.5, 101 soft call for six months; Citigroup; amend and extend; Fort Worth, Texas, airline company.

ASM GLOBAL (SMG): Expected closing end of January; $190 million incremental first-lien term loan (B1/BB-) due January 2025 at Libor plus 250 bps, 0% Libor floor, 101 soft call for six months; Jefferies, Nomura, BofA Securities, Goldman Sachs and Macquarie; pay down existing second-lien term loan; venue management company.

AVANTOR: $677 million term B due November 2024 talked at Libor plus 250 bps, 25 bps step-down at 0.5x inside closing date net first-lien leverage, 1% Libor floor, OID 99.875 to par, 101 soft call for six months; Goldman Sachs; also €349 million term B November 2024 talked at Euribor plus 275 bps, 25 bps step-down at 0.5x inside closing date net first-lien leverage, 0% floor, OID 99.875 to par, 101 soft call for six months; repricing; Radnor, Pa., provider of integrated, tailored solutions for the life sciences and advanced technology industries.

BLUCORA INC.: $555 million term loan talked at Libor plus 275 bps, 1% Libor floor, OID 99.75; JPMorgan; refinance/reprice existing term loan and fund acquisition of HK Financial Services; Irving, Texas, based provider of tax-smart financial solutions.

BROADSTREET PARTNERS INC.: $1.111 billion seven-year term B (B) talked at Libor plus 325 bps, 0% Libor floor, 101 soft call for six months; RBC, BofA Securities, BMO, Barclays, Scotia and SunTrust; refinance existing term B and fund acquisitions; Columbus, Ohio, insurance broker.

CABLE & WIRELESS COMMUNICATIONS LTD.: $1.3 billion eight-year senior secured term loan B-5 (Ba3/BB-/BB-) talked at Libor plus 250 bps to 275 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; JPMorgan; help repay existing term B-4; London-based telecommunications company owned by Liberty Global.

CALIBER COLLISION: $1.945 billion term B talked at Libor plus 300 bps, 0% Libor floor; BofA Securities; repricing; Lewisville, Texas, collision repair company.

CALPINE CONSTRUCTION FINANCE CO.: $980 million first-lien term loan (Ba2/BB) due Jan. 15, 2025 talked at Libor plus 200 bps to 225 bps, 0% Libor floor, 101 soft call for six months; Credit Suisse; repricing; owner and operator of about 4.4 GW of power generation capacity.

CIENA CORP.: $693 million term B talked at Libor plus 175 bps, 0% Libor floor, OID 99.875 to par; BofA Securities; repricing; Hanover, Md., supplier of communications networking equipment and software.

CISION: $1 billion seven-year term B (B2/B) talked at Libor plus 375 bps to 400 bps, 0% floor, OID 99 to 99.5, 101 soft call for six months; BofA Securities, Credit Suisse, Goldman Sachs, Morgan Stanley, BMO, BNP Paribas, Citigroup, Macquarie and RBC; also €500 million seven-year term B (B2/B) talked at Euribor plus 375 bps to 400 bps, OID 99 to 99.5, 101 soft call for six months; help fund buyout by Platinum Equity; Chicago-based software-as-a-service platform for communications professionals.

DAVITA INC.: $2.743 billion term B (Ba1/BBB-) due Aug. 12, 2026 talked at Libor plus 175 bps, 0% Libor floor, 101 soft call for six months; Wells Fargo; repricing; Denver-based provider of kidney dialysis services to patients with chronic kidney failure.

EASTERN POWER LLC: $1.218 billion first-lien term B due Oct. 2, 2025 talked at Libor plus 375 bps, 1% Libor floor, 101 soft call for six months; Morgan Stanley, Goldman Sachs and MUFG; amendment and extension; owner of gas-fired electric generating stations.

FIRST ADVANTAGE: $620 million seven-year covenant-lite first-lien term B (B1/B) talked at Libor plus 400 bps to 425 bps, 0% Libor floor, OID 99; BofA Securities, JPMorgan, Barclays, Jefferies, RBC, Credit Suisse, Citizens, HSBC, KKR and Stifel; help fund buyout by Silver Lake from Symphony Technology Group; Atlanta-based provider of comprehensive background screening, identity and information solutions.

FIRST EAGLE INVESTMENT MANAGEMENT LLC: $1.894 billion term B (including $300 million add-on) (Ba2) due February 2027 talked at Libor plus 250 bps, 0% Libor floor, OID 99.5 to 99.75, 101 soft call for six months; help fund acquisition of THL Credit Advisors LLC and reprice and extend existing term B; New York-based investment firm.

FLUIDRA (ZODIAC POOL SOLUTIONS LLC): $492 million first-lien term loan (Ba3/BB) due July 2025 talked at Libor plus 175 bps to 200 bps, 0% Libor floor, 101 soft call for six months; Credit Suisse, Citigroup and BBVA; repricing; Sabadell, Spain, provider of pool equipment and solutions.

FOCUS FINANCIAL PARTNERS INC.: Expected closing Jan. 27; roughly $1.14 billion term B due July 3, 2024 at Libor plus 200 bps, 0% Libor floor, 101 soft call for six months; RBC, BMO and SunTrust; repricing; New York-based partnership of independent, fiduciary wealth management firms.

FRONERI INTERNATIONAL LTD.: $2.035 billion of U.S. term loans; Credit Suisse, Goldman Sachs, BofA Securities, Citigroup, Deutsche Bank, HSBC and JPMorgan; $1.68 billion seven-year covenant-lite first-lien term loan (B1/B+) talked at Libor plus 300 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $355 million eight-year covenant-lite second-lien term loan (B3/B-) talked at Libor plus 700 bps, 0% Libor floor, OID 99, call protection 102, 101; also €600 million equivalent multi-currency 6.5-year revolver (B1/B+) talked at Euribor plus 275 bps, 0% floor; €2.3 billion seven-year covenant-lite first-lien term loan (B1/B+) talked at Euribor plus 300 bps to 325 bps, 0% floor, OID 99.5, 101 soft call for six months; GBP 415 million seven-year covenant-lite first-lien term loan (B1/B+) talked at Libor plus 375 bps to 400 bps, 0% floor, OID 99, 101 soft call for six months; €430 million eight-year covenant-lite second-lien term loan (B3/B-) talked at Euribor plus 700 bps to 725 bps, 0% floor, OID 99, call protection 102, 101; fund acquisition of Nestle USA’s ice cream business, refinance existing debt and general corporate purposes; U.K.-based ice cream manufacturer.

GROCERY OUTLET INC. (GOBP HOLDINGS INC.): $460.2 million covenant-lite first-lien term B (B2/BB-) due Oct. 22, 2025 talked at Libor plus 300 bps, step-down to Libor plus 275 bps upon a B1 corporate rating by Moody’s, 0% Libor floor, 101 soft call for six months; Morgan Stanley, BofA Securities, Deutsche Bank and Jefferies; repricing; Emeryville, Calif., grocery store operator.

HALO BRANDED SOLUTIONS: $30 million incremental term loan talked at Libor plus 450 bps, 0% Libor floor, OID 98.8; Antares; support continuing acquisition strategy; Sterling, Ill., marketing services platform that distributes promotional products and provides employee recognition services.

INEOS STYROLUTION: $202 million term loan (Ba2/BB) talked at Libor plus 225 bps to 250 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; HSBC (left on U.S.) and BNP Paribas (left on euro); also €500 million term loan (Ba2/BB) talked at Euribor plus 225 bps to 250 bps, 0% floor, OID 99.75, 101 soft call for six months; refinance existing debt and fund a dividend; Germany-based styrenics supplier.

KINDRED AT HOME: $2.541 billion term loan due July 2025 talked at Libor plus 325 bps, 0% Libor floor, OID 99.75 to par, 101 soft call for six months; JPMorgan; repricing; provider of home health and hospice.

KNOWLTON DEVELOPMENT CORP. (KDC/ONE): $300 million add-on covenant-lite first-lien term loan due Dec. 21, 2025 talked at Libor plus 425 bps, 0% Libor floor, OID 99.5; UBS and Jefferies; help fund acquisition of HCT Group; Longueuil, Quebec-based manufacturer and custom formulator of color cosmetics, skincare, haircare, bath & body, fragrance, deodorant, home, health, industrial and auto care products.

LGC GROUP: £1.042 billion equivalent U.S. and euro seven-year covenant-lite term loan (U.S. minimum of $330 million) (B), 0% floor, 101 soft call for six months; BNP Paribas, HSBC, KKR, Morgan Stanley, SMBC, Barclays, Credit Agricole, Mizuho, MUFG, Natixis, NatWest and Nomura; help fund buyout by a consortium jointly led by Astorg and Cinven, refinance existing debt and cash overfunding; UK-based provider of life sciences tools.

LIFEPOINT HEALTH INC.: Expected closing Jan. 21; $3.115 billion senior secured term B (B1/B+) due November 2025 at Libor plus 375 bps, 0% Libor floor, 101 soft call for six months; Citigroup, Barclays and RBC; repricing; Brentwood, Tenn., health care provider.

LINEAGE LOGISTICS LLC: $300 million add-on term B (B2/B) due February 2025 talked at Libor plus 300 bps, 1% Libor floor, OID 99; Credit Suisse; help fund acquisition of Emergent Cold; Novi, Mich., cold storage warehousing and logistics company.

MAGICLAB: Upsized $550 million seven-year covenant-lite senior secured term B (B1/B+/BB) increased from $500 million; price talk Libor plus 300 to 325 bps (from 375 bps to 400 bps), OID 99.75 (from 99), 0% Libor floor, , 101 soft call for six months; Citigroup, Barclays, HSBC, RBC and SMBC; help fund buyout by Blackstone (incremental proceeds to fund cash on the balance sheet; commitments due Jan. 22 (moved ahead from Jan. 24); builder and operator of dating and social networking apps.

MANAGEMENT SERVICES (AMENTUM): $1.215 billion credit facilities (Ba3/B); JPMorgan; $200 million revolver; $1.015 billion seven-year first-lien term B talked at Libor plus 450 bps to 475 bps, 0% Libor floor, OID 99, 101 soft call for six months; help fund buyout by Lindsay Goldberg and American Securities LLC from Aecom; Germantown, Md., provider of classified and unclassified services to the U.S. federal government and allied governments.

NOURYON: $4.197 billion term loan talked at Libor plus 300 bps, 0% Libor floor, 101 soft call for six months; JPMorgan; also €1.79 billion term loan talked at Euribor plus 325 bps to 350 bps, 0% floor, 101 soft call for six months; repricing; Amsterdam-based specialty chemicals company.

NOVARIA GROUP: $260 million credit facilities; RBC and KKR; $40 million revolver; $220 million seven-year term B talked at Libor plus 550 bps to 575 bps, step-downs, 1% Libor floor, OID 99, 101 soft call for six months; help fund buyout by KKR from Rosewood Private Investments and Tailwind Advisors; Fort Worth, Texas, manufacturer of specialty aerospace hardware.

OCWEN FINANCIAL CORP.: Roughly $200 million term B (B2/B+) due May 2022 talked at Libor plus 600 bps, 50 bps step-up at 12 months, 1% Libor floor, OID/extension fee 97.5/2.5%, hard call 102 for 24 months; Barclays; amendment and extension; West Palm Beach, Fla., non-bank mortgage servicer and originator.

OPEN LENDING LLC: $225 million seven-year term B talked at Libor plus 525 bps to 550 bps, 0% Libor floor, OID 99, 101 soft call for six months; UBS; dividend recapitalization; Austin, Texas, provider of lending enablement and risk analytics solutions to financial institutions.

PIXELLE SPECIALTY SOLUTIONS LLC: $275 million credit facilities; Credit Suisse and Citizens; $20 million revolver; $255 million incremental first-lien term loan (B1/B) due October 2024 talked at Libor plus 625 bps to 650 bps, 1% Libor floor, OID 98, 101 soft call for six months; help fund acquisition of specialty paper mills in Jay, Maine and Stevens Point, Wis. from Verso Corp.; manufacturer of specialty paper products.

RED VENTURES LLC: $2.284 billion term B talked at Libor plus 250 bps to 275 bps, 0% Libor floor, OID 99.875 to par, 101 soft call for six months; BofA Securities; repricing; Fort Mill, S.C., technology-enabled customer acquisition platform.

ROHM: $612 million term B (B2/B/B) due July 31, 2026 talked at Libor plus 500 bps, 0% Libor floor, OID 95; Barclays, Deutsche Bank, Goldman Sachs, BofA Securities, RBC, HSBC, NatWest, Bank of China and Helaba; also €977 million term B (B2/B/B) due July 31, 2026 talked at Euribor plus 500 bps, 0% floor, OID 95; sell-down of loans obtained last year for the buyout of Evonik Industries AG’s methacrylates business by Advent International; provider of methacrylate solutions to a variety of end markets, including paints and coatings, construction, automotive and health care.

SOPHOS: $2.075 billion senior secured credit facilities; Goldman Sachs, BofA Securities, Barclays, Credit Suisse and HSBC; $125 million five-year revolver (B2/B-/B); $1.53 billion U.S. and euro seven-year covenant-lite first-lien term loan (includes $1.197 billion tranche and €300 million tranche) (B2/B-/B) at Libor/Euribor plus 350 bps, 0% floor, OID 99.75, 101 soft call for six months; $420 million privately placed eight-year covenant-lite second-lien term loan; help fund buyout by Thoma Bravo; Oxford, U.K., provider of cybersecurity.

VIAGOGO: $1.475 billion seven-year first-lien term B (Ba3/B+) talked at Libor plus 400 bps, 0% Libor floor, OID 99, 101 soft call for six months; JPMorgan; help fund acquisition of StubHub from eBay Inc.; Geneva-based online resale ticket marketplace.

VICI PROPERTIES 1 LLC: $2.1 billion covenant-lite first-lien term B due December 2024 talked at Libor plus 175 bps, 0% Libor floor, 101 soft call for six months; Morgan Stanley and Goldman Sachs; repricing; New York-based real estate investment trust that owns gaming, hospitality and entertainment destinations.

VODAFONEZIGGO: $2.525 billion term B talked at Libor plus 250 bps, 0% Libor floor, OID 99.75 to par; JPMorgan, BNP Paribas, Credit Suisse, Credit Agricole, Nomura, RBC and Scotia; refinance existing term B; Netherlands-based cable operator.

WHATABRANDS LLC: $1.3267 billion covenant-lite first-lien term B (B1/B+) due Aug. 3, 2026 at Libor plus 275 bps, 0% Libor floor, 101 soft call for six months; Morgan Stanley; repricing; San Antonio-based restaurant company.

ZEKELMAN INDUSTRIES: $900 million first-lien term loan (Ba3/BB) due 2027 at Libor plus 225 bps, step-down to Libor plus 200 bps at 1.75x net secured leverage, 0% Libor floor, 101 soft call for six months; Goldman Sachs and BofA Securities; refinance existing debt; Chicago-based manufacturer of industrial steel pipe and tubular products.

On The Horizon

ACPRODUCTS INC.: New debt financing; help fund acquisition of Masco Cabinetry from Masco Corp.; The Colony, Texas, manufacturer of cabinetry products.

ALTA EQUIPMENT GROUP INC.: $470 million credit facilities; $300 million asset-based revolver led by JPMorgan; $170 million term loan; help fund acquisition of Alta Equipment Holdings Inc. by B. Riley Principal Merger Corp.; Livonia, Mich., provider of industrial and construction equipment and related services.

AMNEAL PHARMACEUTICALS INC.: $210 million credit facilities; SunTrust; $30 million revolver; $180 million senior secured pro rata term loan at an unrestricted subsidiary; help fund acquisition of a 65.1% interest in AvKARE Inc.; Bridgewater, N.J., pharmaceutical company.

ATLAS TECHNICAL CONSULTANTS INC. (BOXWOOD MERGER CORP.): Up to $400 million senior secured credit facilities; Macquarie and Natixis; $40 million five-year revolver expected at Libor plus 425 bps, 1% Libor floor; $290 million seven-year covenant-lite first-lien term loan expected at Libor plus 425 bps, 1% Libor floor, 101 soft call for six months; $70 million eight-year covenant-lite second-lien term loan expected at Libor plus 825 bps, 1% Libor floor, call protection 102, 101; help fund acquisition of Atlas Intermediate Holdings LLC; Austin, Tex., provider of professional testing, inspection, engineering and consulting services.

CHAMPIONX: Roughly $537 million term loan; Bank of America; fund a cash payment to Ecolab Inc. in connection with sale to Apergy Corp. by Ecolab; upstream energy business.

CINCINNATI BELL INC.: New debt financing; BofA Securities, BMO, Citigroup, TD Securities and Wells Fargo; help fund acquisition by Brookfield Infrastructure; Cincinnati-based provider of integrated communications solutions.

CINEWORLD GROUP PLC: $1.9 billion senior secured incremental term loan; BofA Securities, HSBC and Goldman Sachs; help fund acquisition of Cineplex Inc.; London-based cinema operator.

CULLIGAN: New debt financing; Morgan Stanley, Ares, PSP, RBC, BofA Securities and Credit Suisse; help fund acquisition of AquaVenture Holdings Ltd.; Rosemont, Ill., provider of sustainable water solutions and services.

DIVERSIFIED RESTAURANT HOLDINGS INC.: New debt financing; help fund buyout by ICV Partners LLC; Troy, Mich.-based franchisee for Buffalo Wild Wings sports bars.

ELANCO ANIMAL HEALTH INC.: $3.75 billion credit facilities; Goldman Sachs; $750 million revolver; $3 billion of term loans; help fund acquisition of Bayer AG’s animal health business; Greenfield, Ind., animal health company.

ELDORADO RESORTS INC./CAESARS ENTERTAINMENT CORP.: $6.4 billion credit facilities; JPMorgan (left on Eldorado), Credit Suisse (left on Caesars), Macquarie, BofA Securities, Deutsche Bank, Goldman Sachs, SunTrust, U.S. Bank, KeyBanc, Fifth Third and Citizens; $1 billion revolver at Eldorado expected at Libor plus 325 bps, 0% Libor floor; $3 billion seven-year covenant-lite term B at Eldorado expected at Libor plus 350 bps, 0% Libor floor, 101 soft call for six months; $2.4 billion seven-year covenant-lite term B at Caesars Resorts Collection expected at Libor plus 325 bps, 0% Libor floor, 101 soft call for six months; help fund acquisition of Caesars; Reno, Nev., gaming company.

LOGMEIN INC.: New debt financing; Barclays, RBC, Deutsche Bank, Mizuho and Jefferies; help fund buyout by Francisco Partners and Elliott Management Corp.; Boston-based provider of cloud-based connectivity.

MATCH GROUP: New debt financing; help fund separation from IAC; Dallas-based provider of dating products.

NORTHWEST FIBER LLC: New debt financing; help fund acquisition of Frontier Communications Corp.’s operations and associated assets in Washington, Oregon, Idaho and Montana by WaveDivision Capital LLC and Searchlight Capital Partners LLC.

SIRVA INC.: New debt financing; Barclays, Deutsche Bank and BofA Securities; help fund acquisition of relocation assets of Cartus from Realogy Holdings Corp.; Oakbrook Terrace, Ill., relocation and moving company.

TECH DATA: New debt financing; Citigroup, JPMorgan, Wells Fargo, Barclays and RBC; help fund buyout by Apollo Global Management Inc.; Clearwater, Fla., distributor of IT products.

T-MOBILE USA INC.: $8 billion senior secured credit facilities; Barclays, Credit Suisse, Deutsche Bank, Goldman Sachs, Morgan Stanley, RBC, BNP Paribas, Commerzbank, Credit Agricole, TD Securities and Wells Fargo; $4 billion five-year revolver expected at Libor plus 125 bps, 0% Libor floor; $4 billion seven-year covenant-lite term loan expected at Libor plus 175 bps, 0% Libor floor, 101 soft call for six months; refinance existing debt in connection with merger with Sprint Corp. and fund working capital needs; Bellevue, Wash., communications services company.

VEEAM SOFTWARE: New loan; JPMorgan, Goldman Sachs, Morgan Stanley, Ares, BofA Securities, Golub and Antares; help fund buyout by Insight Partners; provider of backup solutions that deliver cloud data management.

WESCO INTERNATIONAL INC.: $1.2 billion senior secured asset-based revolver; Barclays; help fund acquisition of Anixter International; Pittsburgh-based distributor and provider of supply chain management services to the aerospace industry.

WHOLE EARTH BRANDS (ACT II GLOBAL ACQUISITION CORP.): $235 million credit facilities; TD Bank; $50 million revolver; $185 million term A; help fund formation through acquisition of Merisant Co. and MAFCO Worldwide LLC by Act II from MacAndrews & Forbes Inc.; platform of branded products and ingredients focused on the consumer transition towards Natural alternatives and clean label products.


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