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Published on 7/12/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Mitel Networks, Gateway Casinos tweak deals; Intermedia moves up commitment deadline

By Sara Rosenberg

New York, July 12 – In the primary market on Thursday, Mitel Networks Corp. set spreads on its first-and second-lien term loans and tightened the issue price on the first-lien tranche, and Gateway Casinos & Entertainment Ltd. increased the size of its add-on term loan B and set the original issue discount at the narrow end of guidance.

Also, Intermedia accelerated the commitment deadline on its credit facilities, and naviHealth Inc., NVA Holdings Inc., Nautilus Power LLC, Parts Town (PT Holdings LLC) and Verra Mobility Inc. announced price talk with launch.


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