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Published on 8/8/2019 in the Prospect News CLO Daily and Prospect News High Yield Daily.

DigiCert, UGI Energy, Sedgwick, DaVita, WestJet, Park Place break; NCR, Jaggaer revised

By Sara Rosenberg

New York, Aug. 8 – DigiCert Inc. revised its first- and second-lien term loan sizes and trimmed the spread, added a step-down and tightened the original issue discount on its first-lien tranche, and UGI Energy Services LLC added a pricing step-down to its term loan B, and then both of these deals surfaced in the secondary market on Thursday.

Also, Sedgwick Claims Management Services Inc. lifted pricing on its incremental term loan and finalized the issue price at the tight side of talk before breaking for trading, and deals from DaVita Inc., WestJet Airlines Ltd. and Park Place Technologies freed up too.

In more happenings, NCR Corp. set the original issue discount on its term loan B at the narrow end of guidance, and Jaggaer firmed the spread on its first-lien term loan at the low end of talk, added a step-down and modified the issue price.

Furthermore, Shields Health Solutions Holdings LLC and Hyland Software Inc. moved up the commitment deadlines for their bank debt, and Ancestry.com Operations Inc., Aptean and Idera Inc. disclosed price talk with launch.


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