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Published on 5/10/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Aristocrat, GFL, Bright Horizons break; Vistra Energy, American Airlines, TerraForm update

By Sara Rosenberg

New York, May 10 – Aristocrat Leisure Ltd.’s term loan emerged in the secondary market on Thursday and was trading above its issue price, and deals from GFL Environmental Inc. and Bright Horizons Family Solutions Inc. freed up too.

Moving to the primary market, Vistra Energy (Vistra Operating Co. LLC) finalized the issue price on its term loan B-3 at the tight end of talk, American Airlines Inc. modified the original issue discount on its term loan, and TerraForm Power Operating LLC firmed the spread on its term loan B at the low end of guidance but widened the issue price.

Also, Interior Logic Group Holdings IV LLC and Ashland LLC announced price talk with launch, and Valeant Pharmaceuticals International Inc., Generac Power Systems Inc. and Safe Fleet Holdings LLC joined the near-term primary calendar.


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