Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers H > Headlines for Heritage Grocers Group > News item |
Entain, Heritage Grocers, Ineos Enterprises, Nord Anglia term loans free to trade
By Sara Rosenberg
New York, June 23 – Entain plc increased the size of its U.S. and euro add-on term loans, set amounts on the tranches and tightened the original issue discount on both pieces, and then the debt made its way into the secondary market on Friday.
Entain lifted its total amount of U.S. and euro senior secured covenant-lite term loans (Ba1/BB/BB+) to £500 million equivalent from £400 million equivalent and finalized the split as a fungible $385 million add-on term loan B-2 due October 2029 and a fungible €230 million add-on term loan B due June 2028, from a previous description of to be determined, according to a market source.
Other deals to break for trading during the session included Heritage Grocers Group, Ineos Enterprises Holdings Ltd. and Nord Anglia Education (Fugue Finance LLC).
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.