Primary Roundup

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Primary Roundup

Primary Roundup
Company Lead Banks Tranche Price Purpose Update
Adams Outdoor Advertising Wachovia Securities $50 million revolver L+250 Refi First lien rated B+, second lien rated B- by S&P
$185 million B loan L+250
$60 million second-lien loan L+400
Astoria Energy CSFB $500 million first-lien term loan L+500-525 Project Allocations are done
    $200 million second-lien term loan L+887.5    
Caribbean Restaurants CSFB $30 million revolver L+300 Recap Second-lien term loan flexed up from L+500
Wachovia Securities $125 million A loan L+300
$107 million second-lien term loan L+650
Cinemark Lehman Brothers $100 million revolver L+250 LBO Term loan flexed down from L+250
  Goldman Sachs $260 million term loan L+225   Term loan has a step down to L+200
Hercules CSFB $150 million revolver L+275 Refi In syndication
Wachovia Securities $450 million B loan L+250
Mueller Group CSFB $100 million revolver L+300-325 Recap In syndication
    $535 million term loan L+300-325    
    $225 million second-lien loan L+500    
Premcor Citibank $900 million revolver L+200-250 Refi In syndication
$100 million B loan L+225
Ranpak Corp. GE Capital $15 million revolver L+350 Recap Syndication closed March 30
    $90 million B loan L+375   There may be a slight fee on the term loan, a market participant said.
    $40 million second-lien B loan L+700-800    
The Primary Roundup is a compilation of deals previously reported by LMW, as of Thurs, April 1


Gift this article