TransUnion TL Deal Gets Sweeter
- Banks Set OID for Warner $1.5B TLB. Kellerhals, Richard // High Yield Report;9/7/2009, Vol. 20 Issue 36, p24
The article reveals that the original issue discount (OID) for the 1.5 billion U.S. dollar term loan B tranche has been set by a bank consortium seeking a senior secured credit facility for Warner Chilcott. Particular focus is given to the spread of the term loan and its price structure. Banks...
- Banks Set OID on Hillman TL. Kellerhals, Richard // High Yield Report;5/3/2010, Vol. 21 Issue 18, p22
The article reports that the original issue discount (OID) on a term loan B that is backing the acquisition of Hillman Cos. by Oak Hill Capital Partners has been set at 99 cents on the U.S. dollar by banks Morgan Stanley, Barclays and GE in 2010.
- Weather Channel's $1.3B TL Hits Market. Kellerhals, Richard // High Yield Report;3/15/2010, Vol. 21 Issue 11, p7
The article offers information on the launching of a 1.3-billion-U.S.-dollar term loan that includes an original issue discount (OID) of 99 and a 1.5% London Interbank Offered Rate (LIBOR) by Deutsche Bank and Credit Suisse for television company TWCC Holding in Atlanta, Georgia and is...
- Banks Tighten Solutia's OID at Last Minute. Kellerhals, Richard // High Yield Report;3/15/2010, Vol. 21 Issue 11, p20
The article reveals that Deutsche Bank, Jefferies, Citigroup, HSBC and JPMorgan tightened original issue discount (OID) on the 750 million U.S.-dollar term loan for Saint Louis, Missouri-based chemical maker Solutia from 99 to 99.5 just before the end of the commitment deadline due to the strong...
- Banks Sweeten Insight, Willbros Loans. Kellerhals, Richard // High Yield Report;7/5/2010, Vol. 21 Issue 27, p6
The article reports on the original issue discounts increased by several banks such as BNP Paribas and Credit Suisse, on term loans.
- Go Daddy Widens Discount on TL. Colter, Allison Bisbey // High Yield Report;9/26/2011, p13
The article discusses the acceptance of an original issue discount (OID) of 93 cents to a dollar and an interest rate of Libor plus 575 basis points (bps) with a Libor floor at 1.25%, by website registration company Go Daddy to back its buyout of KKR, Silverlake and Technology Crossover Partners.
- Nortek Puts New Wrinkle In Deal, Prices $750M. M. S. // Bank Loan Report;5/19/2008, Vol. 23 Issue 20, p6
The article reports on the $750 million in high yield bonds sold by Nortek Inc. in the U.S. The private placement of $750 million in 10% senior secured notes due 2013, with an original issue discount of 98.96 for a total yield of 10.25%, was sold by the company in a private Rule 144A. Nortek is...
- Banks Shop Two $1B Term Loans for Reynolds, Tomkins. // Bank Loan Report;9/13/2010, Vol. 25 Issue 35, p3
The article focuses on the banks which have availed term loans and established price talks in the U.S. Banks shopping for two one-billion term loans for the buyout of Reynolds and Tomkins are highlighted, including the Credit Suisse, HSBC, Australia New Zealand Bank, and the Citigroup-led bank...
- Investors Chew Over Wrigley Deal. R. K. // High Yield Report;7/28/2008, Vol. 19 Issue 30, p7
The article reports that a bank group led by Godlman Sachs has started marketing a $3.6 billion term loan B for the iconic gum maker William Wrigley last July 23, 2008. It indicates that the price talk was at Libor plus 375 bits per second, with an original issue discount (OID) of 97 and a 3.0%...