Amynta finalizes $1.04 billion term loan B at 97 OID, adds CSA

By Sara Rosenberg

New York, Feb. 14 – Amynta firmed the original issue discount on its $1.04 billion term loan B due Feb 28, 2028 (B-) at 97, the tight end of the 96.5 to 97 talk, and added 10 basis points CSA, versus 0 bps CSA at launch, according to a market source.

Pricing on the term loan remained at SOFR plus 500 bps with a 0% floor.

The term loan still has 101 soft call protection for six months.

BofA Securities Inc., Barclays, BMO Capital Markets, Deutsche Bank Securities Inc., Jefferies LLC and others to be added are the arrangers on the deal.

Proceeds will be used to repay the company’s first-lien term loans due 2025 and to pay transaction fees and expenses.

Amynta Agency Borrower Inc. and Amynta Warranty Borrower Inc. are the borrowers.

Amynta is a New York-based insurance services company.

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