Cox Media Group, WIRB-Copernicus, Aramark Services disclose loan pricing guidance

By Sara Rosenberg

New York, Dec. 2 – In the primary market on Monday, Cox Media Group (Terrier Media Buyer Inc.), WIRB-Copernicus Group and Aramark Services Inc. all released price talk on their loan transactions with launch.

Cox Media Group announced talk on its $1.875 billion seven-year term loan B at Libor plus 400 basis points to 425 bps with a 0% Libor floor, an original issue discount of 99 and 101 soft call protection for six months.

WIRB-Copernicus came out with talk of Libor plus 425 bps to 450 bps with a 1% Libor floor, an original issue discount of 99 and 101 soft call protection for six months on its $920 million first-lien term loan (B2/B) that launched with a bank meeting during the session.

Aramark emerged in the morning with plans to hold a lender call at 11 a.m. ET to launch a $900 million seven-year first-lien term loan (Ba1/BBB-) talked at Libor plus 175 bps to 200 bps with a 0% Libor floor, an original issue discount of 99.5 and 101 soft call protection for six months.

Furthermore, Liaison (LI Group Holdings Inc.), Tank Holding Corp. and Mirion Technologies Inc. surfaced with new deal plans.

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