G-III Apparel, Emerald Expositions break; Bioclinica, Casella, Vantiv, 84 Lumber set changes

By Sara Rosenberg

New York, Oct. 5 – G-III Apparel Group Ltd.’s credit facility made its way into the secondary market on Wednesday, with its term loan B quoted above its original issue discount, and Emerald Expositions Holding Inc.’s incremental term loan began trading as well.

G-III Apparel’s $350 million six-year term loan B (B1/BB+) was quoted at 98¾ bid, par offered, according to a trader.

Emerald Expositions’ $200 million incremental term loan (B2/BB-) also broke, with levels seen at 100¼ bid, 100¾ offered, a trader remarked.

Over in the primary market, Bioclinica tightened the original issue discount on its first-lien term loan, Casella Waste Systems Inc. lowered pricing on its term loan B and modified the original issue discount, Vantiv Inc. upsized its term loan B and tweaked issue price guidance, and 84 Lumber Co. widened the spread and issue price on its term loan B.

Also, Jeld-Wen Inc., Klockner Pentaplast, Micron Technology Inc., KinderCare Education LLC (Kuehg Corp.), Morsco Inc., Dayton Superior Corp. and Virtu Financial (VFH Parent LLC) released talk with launch.

In addition, ConvaTec Healthcare Inc. term loan B guidance emerged, and Communications Sales & Leasing Inc., Kronos Inc., Portillo’s, Sedgwick Claims Management Services Inc. and FLY Leasing joined this week’s primary calendar.

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