ConnectWise, Colonial First State, Orion, Creation Technologies, DexKo, Sanderson break

By Sara Rosenberg

New York, Sept. 24 – ConnectWise finalized the spread on its term loan B at the low end of guidance, Colonial First State reduced pricing on its U.S. term loan and eliminated the step-downs, and Orion Engineered Carbons SA set its U.S. and euro term loan tranche sizes and updated issue prices on the debt, and then these deals began trading on Friday.

Also, Creation Technologies Inc. widened the spread and original issue discount on its first-lien term loan B, removed the step-downs and sweetened the call protection before freeing up for trading, and deals from DexKo Global Inc. and Sanderson Farms Inc./Wayne Farms LLC hit the secondary market as well.

In more happenings, Therma Holdings (Refficiency Holdings) trimmed pricing on its incremental term loans and added a repricing of its existing first-lien term loans to the transaction.

Furthermore, Spirit AeroSystems Holdings Inc. announced price talk on its term loan B with its lender call, and USNR and Trace3 (Escape Velocity Holdings Inc.) joined the near-term primary calendar.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.