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Published on 5/18/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

DiversiTech, Emerald break; CenturyLink, Focus, Blue Buffalo among group of deals revised

By Sara Rosenberg

New York, May 18 – DiversiTech Holdings Inc. changed the original issue discount on its first-lien term loan and then freed to trade on Thursday, and Emerald Expositions Holding Inc. surfaced in the secondary market as well.

In more happenings, CenturyLink Inc. upsized its term loan B, cut pricing and sweetened the call protection, Focus Financial Partners lowered the spread on its first-lien term loan and tightened the original issue discount, and Blue Buffalo Pet Products Inc. firmed pricing on its term loan B at the low end of guidance and modified the issue price.

Also, Hyster-Yale Materials Handling Inc. reduced pricing on its term loan B, added a step-down and adjusted the original issue discount, AES Corp., SeaStar Solutions (Marine Acquisition Corp.) and Xplornet Communications Inc. revised issue prices on their term loans, and Civitas Solutions Inc. (National Mentor Holdings Inc.) extended the call protection on its term loan B.

Furthermore, AGS LLC released price talk with launch, and Ortho-Clinical Diagnostics, Berlin Packaging LLC and Montreign Operating Co. LLC emerged with new deal plans.


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