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Published on 9/21/2020 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Fortress Investment, Clarivate changes surface; Allegro, Ellucian tighten deadlines

By Sara Rosenberg

New York, Sept. 21 – In the primary market on Monday, Fortress Investment Group FinCo I LLC firmed the spread on its term loan B at the low end of guidance and tightened the original issue discount.

Additionally, Clarivate plc moved price talk on its incremental term loan B to the low end of earlier guidance and modified the issue price, and Allegro Microsystems Inc. and Ellucian moved up the commitment deadlines for their first-lien term loans.

Also, Alliance Laundry Systems released price talk on its term loan B with its lender call, and Revint Solutions joined this week’s primary calendar.


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