Wood Mackenzie talks $1.32 billion term loan at SOFR plus 375-400 bps

By Sara Rosenberg

New York, Jan. 23 – Wood Mackenzie (Planet US Buyer LLC) launched on Tuesday its $1.315 billion seven-year term loan B with price talk of SOFR plus 375 basis points to 400 bps with no CSA and an original issue discount of 99, according to market sources.

The term loan has 101 soft call protection for six months.

BofA Securities Inc., Barclays, BMO Capital Markets, Citigroup Global Markets Inc., Deutsche Bank Securities Inc., JPMorgan Chase Bank and Nomura are the arrangers on the deal.

Commitments are due at noon ET on Feb. 1, the source added.

Proceeds will be used to refinance an existing $1.244 billion unitranche term loan.

Wood Mackenzie is an Edinburgh, U.K.-based provider of data, analytics, research and consulting services for the energy, renewables and natural resources sectors.

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