Buyout Financing

Advantage Pushes Back Loan Due Date

Commitments for Advantage Sales & Marketing’s $2.56 billion loan offering were moved one day earlier to July 10. The loans will be used to finance the firm’s buyout by private equity firms Leonard Green & Partners and CVC Capital.

Goldman Sachs Sets Price Talk on Ipreo's $320M TL

Goldman Sachs has established price talk on a $320 million term loan Ipreo Holdings is seeking to help finance its buyout.

Internet Brands Completes $755M Loans Issue

Website operator firm Internet Brands has allocated a series of first- and second-lien loans that are being used to help fund its $1.1 billion buyout by Kohlberg Kravis Roberts.

Babson Raises $917M for Mezzanine, PE Fund

Babson Capital Management raised $917 million for a U.S. mezzanine and private equity fund. The Tower Square Capital Partners IV fund will focus on the middle market LBO space.

Gates Global Plans $4.7B in Debt for LBO

Gates Global is on the market with $4.7 billion in loan and bond offerings to help it finance its $5.4 billion leveraged buyout. Blackstone agreed to acquire Gates from financial sponsors Onex Corp. and the Canada Pension Plan Investment Board (CPPIB) in April.

Price Talk on DFC Deal Tops 10%

Price talk on the larger tranche of a two-part $752.5 million bond offering by DFC Global Corp. has topped the 10% mark. DFC will use the proceeds to help finance its $1.3 billion LBO.

AmSurg Launches $1.13B Acquisition Loan

AmSurg Corp., through underwriter Citigroup, is marketing a $1.13 billion term loan B as part of its plan to fund its announced acquisition of Sheridan Healthcare.

Caesars Bonds Continue to Lose Ground

Bonds of various entities of Caesars Entertainment Group (CEC) continue to lose ground in trading in the wake of a company downgrade and months-long struggle over the position of its assets.

Hillman Cos. Seeking $950M Debt Issue

Hillman Cos., a distributor of fasteners, keys and signs to hardware and home improvement stores, will be launching a $950 million debt facility to finance a merger that is selling controlling interest in the company to private equity firm CCMP Capital Advisors.

Final Price Set for 24 Hour Fitness $850M Term Loan

Final terms of an $850 million term loan B to be issued by 24 Hour Fitness Worldwide narrowed the price from initial talk for the owner and operator of more than 400 clubs in 18 states. The loan is part of a $1.5B debt package to finance its recent buyout.

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