LEVERAGED LOANS

摘要

Aircraft engine services company standardaero has launched US$2.595bn of loans to back its buyout by private equity firm The Carlyle Group. Credit Suisse is leading with Royal Bank of Canada, Macquarie, Barclays,Jefferies, Nomura, Goldman Sachs and Mizuho. The deal comprises a US$2.145bn first-lien term loan, a US$300m asset-based lending facility and a US$150m revolving credit facility. The seven-year term loan includes six months of soft call protection at 101. Guidance opened at 425bp over Libor with a 0% floor and a discount in the 98-98.5 range.