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Published on 5/9/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Caesars, Generac, APC Aftermarket, Spectrum break; Charter NEX, Kepro, Boyd revise deals

By Sara Rosenberg

New York, May 9 – Deals from Caesars Entertainment Resort Properties LLC, Generac Power Systems Inc. and APC Aftermarket all hit the secondary market on Tuesday, and Spectrum Brands Inc. approached lenders with an add-on term loan B in the morning and freed the debt for trading by late day.

In more happenings, Charter NEX US Inc. upsized its term loan, trimmed the spread and finalized the issue price at the tight end of guidance, and Kepro (Keystone Acquisition Corp.) widened spreads and original issue discounts on its first- and second-lien term loans and made a number of documentation changes.

Also, Boyd Corp. revised price talk and issue prices on its term loans, and Mortgage Contracting Services accelerated the commitment deadline on its loan transaction.

Furthermore, Focus Financial Partners, DiversiTech Holdings Inc., Hyperion Insurance Group Ltd., Telenet, KIK Custom Products Inc. and Aptean Inc. disclosed price talk with launch, and Post Holdings Inc., Regal Cinemas Corp. and ION Media Networks Inc. joined this week’s new issue calendar.


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