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Published on 7/16/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

QualTek frees to trade; Next Level Apparel revises deal; Bomgar accelerates deadline

By Sara Rosenberg

New York, July 16 – QualTek USA LLC’s term loan B made its way into the secondary market on Monday and the debt was seen trading above its original issue discount.

Over in the primary market, Next Level Apparel (YS Garments Inc.) widened pricing on its term loan, added-a step-down and extended the call protection, and Bomgar moved up the commitment deadline for new lenders on its incremental first-lien term loan.

In addition, Alera Group, WorldStrides, GlobalLogic Inc. and Horizon Global Corp. surfaced with new deal plans.


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