Commentary & Deal Flow

+++Updates timing: pricing late this week+++

Acuris Finance US Inc/Acuris Finance Sarl (dba ION Analytics) (ILOGIC) US$850m equivalent (USD/EUR) 144A/Reg S sr sec notes 2-part due 2030 (8y). NC3 (50%,25%,par). Equity claw: 3y 40% Expect B2/B. Via UBS/BNP jt books. No reg rights. Tranche split TBD. IPTs: US$ low-to-mid 6% area, EUR mid-to-high 4% area. Investor call at 11am NYT / 4pm UKT today. Pricing late this week. UOP: refinance debt used to finance the Backstop Acquisition, fund a dividend for the repurchase of shares from certain minority shareholders in one or more of its parent companies, pay down revolver, GCP. Equity sponsor: ION Investments. Biz: a global data, content and technology company combining two companies n the capital markets data, content and intelligence: Dealogic and Acuris. HQ: New York City.