Deal priced and its free to trade from Monday, Nov 10 at 8am UKT.
- Company: Solo Group
- Sponsor: Platinum Equity
- Borrower:
Sun III Limited - Business: Pan-European supplier of custom-branded merchandise, with integrated customization / printing capabilities, serving ~23k re-seller clients
- UoP: To finance the acquisition of Solo Invest and XD Connects, general and working corporate purposes, refinance existing indebtedness, cash overfunding and pay related fees and expenses
- Tranche: Term Loan B
- Currency: EUR
- Size: €600m
- Maturity: 7 years
- Margin: E+500 (unchanged)
- OID: 97.0 (vs 97-97.5)
- Call Pro: 101 soft call for 6 months
- Floor: 0%
- CFR (M/S): B2 (Stable) / ...