Asurion, AmWINS, Ineos Group term loans free to trade; TransDigm revisions surface

By Sara Rosenberg

New York, Feb. 10 – Asurion LLC increased the size of its term loan B-11, and AmWINS Group Inc. trimmed the spread on its incremental term loan B and modified the original issue discount, and then these deals broke for trading on Friday.

Asurion lifted its term loan B-11 due Aug. 19, 2028 to $1.175 billion from $1 billion, and left pricing at SOFR+10 basis points CSA plus 425 bps with a 0% floor and an original issue discount of 94, a market source remarked.

In addition, Ineos Group Holdings’ term loan B made its way into the secondary market during the session, with levels quoted above its original issue discount.

And, in more happenings, TransDigm Inc. finalized the size of its first-lien term loan I and revised the original issue discount, and Charter Next Generation Inc. joined the near-term primary calendar.

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