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Published on 8/15/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Tritech, Bracket, Cetera, AIS, Vantage break; SS&C, Alion, Jane Street changes surface

By Sara Rosenberg

New York, Aug. 15 – Tritech Software Systems Inc./Superion LLC/Aptean Software LLC set the spread on its first-lien term loan at the low end of guidance and tightened the original issue discount and then broke for trading on Wednesday.

Also, Bracket Intermediate Holding Corp. lifted pricing on its first-lien term loan, removed the step-down and extended the call protection before freeing up, and deals from Cetera Financial Group, AIS HoldCo LLC (Affinion Insurance Solutions) and Vantage Specialty Chemicals Holdings Inc. hit the secondary market too.

In more happenings, SS&C Technologies Inc. switched its incremental term loan to a new tranche from an add-on and modified the original issue discount, Alion Science & Technology Corp. revised the issue price on its add-on first-lien term loan, and Jane Street increased the size of its add-on term loan B and changed the issue price.


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