LEVERAGED LOANS

摘要

A US$2.56bn financing to back Leonard Green & Partners' and CVC Capital Partners' purchase of advantage sales & marketing has launched via Bank of America Merrill Lynch. The deal comprises a US$1.8bn seven-year first-lien term loan and a US$760m eight-year second-lien loan. The first-lien loan is guided at 350bp-375bp over Libor, with a 1% Libor floor and 99-99.5 OID, while the second-lien loan is 700bp over Libor with a 1% Libor floor and 99 OID. Surgical facilities operator surgery center holdings is launching a US$1.4bn acquisition debt financing comprising an US$80m revolver, an US$820m first-lien term loan, a US$440m second-lien term loan and a US$100m holding company term loan.