IFR International - 03.11.2018

4HEûLISTûOFûARRANGERSûINCLUDEûBank of
America Merrill Lynch and Citigroup.
#HEMICALûCOMPANYûPOLYONEûISûLOOKINGûTOû
EXTENDûTHEûMATURITYûTOûJUSTûOVERûSEVENûYEARSû
ONûITSû53MûTERMûLOANûDUEûINû.OVEMBERû
2022.
Wells Fargo is leading the deal.
0RICINGûISûEXPECTEDûTOûREMAINûATûBPû
OVERû,IBORûWITHûAûûmOORû4HEûCOMPANYû
REPRICEDûTHEûLOANûATûTHATûLEVELûINû!PRIL
4HEûDISCOUNTûISûCIRCULATINGûINûTHEû
ûRANGEû4HEûTRANSACTIONûWILLûREFRESHûSOFTû
CALLûPROTECTIONûOFûûFORûSIXûMONTHS
4RANSPORTATIONûCOMPANYûODYSSEY LOGISTICS
ISûADDINGûONû53MûOFûLOANSûTOûITSûEXISTINGû
CREDITûFACILITYûTOûBACKûITSûACQUISITIONûOFû!&&û
'LOBALû,OGISTICS
4HEûlNANCINGûINCLUDESûAû53MûADD
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/DYSSEYûISûALSOûLININGûUPûAû53MûADD
ONûTOû
ITSûSECOND
LIENûTERMûLOANûDUEûINû/CTOBERû
Credit Suisse is leading.
4HEûlRST
LIENûLOANûISûEXPECTEDûTOûPRICEDûINû
THEûBP
BPûOVERû,IBORûRANGEûWITHûAûû
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ûFORûSIXûMONTHSûONûTHEûlRST
LIENûLOANûANDû
HARDûCALLûPROTECTIONûOFûûONûTHEûSECOND
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LIENûTERMûLOANûANDûAû53MûSECOND
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BYû4HEû*ORDANû#OMPANY
4HEûBORROWERûISûRATEDû""
3TEELûPRODUCERûALGOMAûPLANSûTOûLAUNCHûAû
53MûEXITûlNANCINGûLOANûONû-ONDAY
Goldman Sachs WILLûLEADûTHEûCOVENANT
LITEû
term loan. Barclays and BMO AREûJOINTûLEADS
#ANADA
BASEDû!LGOMAûlLEDûFORûCREDITORû
PROTECTIONûINû.OVEMBERû

ALBERTSONS WRAPS US$2bn TL

'ROCERYûSTOREûCHAINûALBERTSONS has
COMPLETEDûAû53BNû4ERMû,OANû" ûWHICHû
WASûLEDûBYûCredit Suisse.
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û4HEûDEALûINCLUDESûSIXûMONTHSûOFûSOFTû
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BASEDû
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lRMû#ERBERUS

Goldman Sachs led with Barclays, Credit

Suisse and Jefferies.

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""

4HEûBUSINESSûISûEXPECTEDûTOûGENERATEû

53MûINûREVENUEûTHISûYEAR

DAWN ACQUISITIONûCOMPLETEDûAû53Mû

SEVEN

YEARûlRST

LIENûTERMûLOANûTHATûWILLûBEû

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ACQUISITIONûOFû!44SûCOLOCATIONûBUSINESS

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HIGHûSINGLEûDIGITûRANGEû

DURINGûûANDûûDUEûTOûMODESTûCAPITALû

SPENDINGûBUTûLIKELYûOFFSETûBYûPOTENTIALû

DIVIDENDûDISTRIBUTIONS

!ûCOLOCATIONûISûAûDATAûCENTREûFACILITYûINû

WHICHûAûBUSINESSûCANûRENTûSPACEûFORûSERVERSû

ANDûOTHERûCOMPUTINGûHARDWARE

THOR REVISES TERMS

2ECREATIONALûVEHICLEûMAKERûTHOR INDUSTRIES

HASûREVISEDûTERMSûONûAûlNANCINGûPACKAGEûTOû

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SETûFORûûMONTHS

JP Morgan WASûSOLEûPHYSICALûBOOKRUNNERû

Barclays, BMO, US Bank and Wells Fargo are

JOINTûBOOKRUNNERS

4HEREûAREû"A""ûCORPORATEûANDûFACILITYû

ratings.

53

BASEDû4HORûWHICHûMANUFACTURESû

CARAVANSûANDûMOBILEûHOMESûISûACQUIRINGûTHEû

COMPANYûFORûABOUTûõBN

0ETROLEUMûRElNERûDELEK US HOLDINGS has

REPRICEDûITSû53MûTERMûLOANûDUEûINû

-ARCHû

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Wells Fargo LEDûTHEûTRANSACTION

$ELEKûINû-ARCHûARRANGEDûAû53MûTERMû

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*UNEûûTHATûWILLûBACKûAûDIVIDEND

Goldman Sachs led the deal alongside

Barclays, JP Morgan, Morgan Stanley, BMO,

CapitalOne and Antares.

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LEVEL

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times.

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