REVERSE FLEX: Kantar Media €560m TLB E+425-450, 99.5

Commitments due today (March 6) at 2pm UKT/3pm CET.

• Company: Kantar Media
• Borrowers: Greenwich Bidco Limited
• Business: Kantar Media is a leading global Audience Measurement provider, offering data and insights into viewing habits, attitudes and behaviours of audiences across viewing platforms
• UoP: Fund the acquisition of Kantar Media by H.I.G Capital
• Sponsor: H.I.G. Capital
• Facility: Term Loan B
• Currency: EUR
• Size: €560m ($605m-eq)
• Margin Guidance: E+425-450bps (vs E+450)
• Floor: 0.00%
• OID: 99.5 (vs 99-99.5)
• Tenor: 7 years
• Ratings:
  • CFR (Moody’s / S&P): B2 (Stable) / B (Stable)
  • Instrument (Moody’s / S&P): B2 / B (RR: 3)
• Call Protection: 101 soft ...