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Allen Media, SI Group deal revisions surface; DataBank add-on sees strong interest
By Sara Rosenberg
New York, Aug. 17 – In the primary market on Friday, Allen Media LLC reduced the size of its term loan B, lifted the spread, widened the original issue discount and sweetened the call protection.
Also, SI Group upsized its first-lien term loan, increased pricing, changed original issue discount talk and extended the call premium and terminated plans for a second-lien term loan.
Furthermore, DataBank’s add-on term loan B was well oversubscribed ahead of its commitment deadline, and Web.com Group Inc. joined the near-term primary calendar.
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