Current price talk on the term loan H, which was upsized from $450 million, is at Libor plus 250 bps and is set to be sold at par.
The term loan, which expires May 2018, is now talked at 425 bps over Libor with a 100 bps Libor floor.
The oil and gas company's debt is now talked at Libor plus 600 bps with a 99.5 cents on the dollar original issue discount.
Underwritter Jefferies set price talk on the loan at Libor plus 350 bps with an original issue discount of 99.5 cents.
InterGen plans to offer $800 million in two-part, dual-currency deal and hopes to arrange a $500 million term loan and revolvers totaling $500 million.
The term loan B is underwritten by SunTrust Robinson Humphrey.
Current price talk on the term loan is at Libor plus 325 bps with an original issue discount of 99.5 cents on the dollar.
The loans comprise a $100 million term loan B and a $350 million term loan C underwritten by Credit Suisse.
The breakneck pace of leveraged loan and high yield bonds pricing with weak investor protections indicate a coming “covenant bubble” that could hurt investors in the event of a downturn, according to Moody’s.
Price talk on the $650 million first-lien is at Libor plus 375 bps to Libor plus 400 bps while talk on the $200 million second-lien term loan is Libor plus 750 bps to Libor plus 775 bps.
