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Published on 3/31/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Platform, CCC Information, Unifrax, Installed Building, Sterigenics, NXT, Amneal break

By Sara Rosenberg

New York, March 31 – Platform Specialty Products Corp. (MacDermid Inc.) reduced the size of its U.S. term loan B-6 in favor of a larger euro term loan C-5 and finalized the spreads on both tranches at the low end of guidance, and then it freed up for trading on Friday.

A number of other deals also broke during the session, including CCC Information Services Inc., Unifrax, Installed Building Products Inc., Sterigenics-Nordion Holdings LLC, NXT Capital Inc. and Amneal Pharmaceuticals LLC.

Returning to the primary market, Ultra Resources Inc. upsized its term loan, Micro Focus International plc released structure, talk and timing on its proposed loan transaction, and Forterra Finance LLC, Sequa Corp., Air Methods Corp., Cable One Inc. and A Wireless surfaced with new deal plans.


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