Century Casinos accelerates commitment deadline; Help at Home, Houghton ready deals

By Sara Rosenberg

New York, March 22 – In the primary market on Tuesday, Century Casinos Inc. moved up the commitment deadline for its term loan B.

Century Casinos changed the commitment deadline for the $350 million seven-year covenant-lite term loan B (B3/B) to 11 a.m. ET on Wednesday from Friday, a market source remarked.

Talk on the term loan is SOFR+CSA plus 575 basis points with a 0.75% floor, an original issue discount of 98 and 101 hard call protection for one year.

CSA is 10 bps one-month rate, 15 bps three-month rate and 25 bps six-month rate.

The company is also getting a $30 million five-year super priority revolver (Ba3/BB-).

Also, Help at Home (HAH Group Holding Co. LLC) and Houghton Mifflin Harcourt Co. joined this week’s new issue calendar.

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