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Published on 6/14/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

US Foods, Vertex Aerospace, Harsco, KIK Custom Products, Installed Building, Avaya free up

By Sara Rosenberg

New York, June 14 – US Foods Inc. finalized the spread on its term loan B at the low side of talk and removed a pricing step-down, Vertex Aerospace Services Corp. set pricing on its term loan B at the high end of guidance, added a step-down and tightened the original issue discount, and Harsco Corp. firmed pricing on its term loan at the low end of talk, and then these deals broke for trading on Thursday.

Also, KIK Custom Products Inc. (Kronos Acquisition Holdings Inc.) increased the size of its add-on term loan and set the issue price at the wide side of talk before freeing up, and deals from Installed Building Products Inc. and Avaya Inc. surfaced in the secondary market as well.

, Ardent Health Partners LLC lifted the size of its term loan and set the spread and original issue discount at the wide end of guidance, Alvogen Pharma US Inc. raised pricing on its term loan B, FirstLight Fiber (Flight Bidco Inc.) upsized its first-lien term loan B, and MHS Holdings Inc. adjusted the original issue discount on its add-on term loan B.

Furthermore, Edelman Financial Center LLC, HireRight (Genuine Financial Holdings LLC), Value-Based Care Solutions, Ufinet International (Zacapa LLC), AOC/Aliancys (Composite Resins Holding BV), Valtris Specialty Chemicals (Polymer Additives Inc.) and Cirque du Soleil Canada Inc. disclosed price talk with launch.


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