PRICED: Solo Group €600m TLB at E+500 and 97

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) / ...