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Published on 1/31/2020 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Cobham, viagogo, Jane, Pixelle, Wrench, Advisor, Golden Nugget, Veritext, Wells break

By Sara Rosenberg

New York, Jan. 31 – Cobham plc set the spread on its U.S. term loan at the low end of revised talk and tightened issue prices for its U.S. and euro term loans, viagogo shifted some funds between its U.S. and euro term loans and set the issue price on the euro piece at the tight side of revised talk, Jane Street Group LLC increased the size of its first-lien term loan B and finalized the original issue discount at the narrow end of guidance, and all of these deals freed to trade on Friday.

Also, Pixelle Specialty Solutions LLC set pricing on its incremental first-lien term loan at the high side of talk and added a step-down, and Wrench Group LLC firmed the spread on its first-lien term loan debt at the wide end of guidance, and then these deals broke for trading during the session as well.

Additionally, Advisor Group upsized its add-on term loan B and modified the issue price before hitting the secondary market, and deals from Golden Nugget LLC, Veritext LLC (VT TopCo Inc.) and Wells Enterprises Inc. freed up too.

In other happenings, TransDigm Inc. firmed the spread on its term loan E and term loan G at the high end of talk and set the original issue discount on its term loan F at the wide side of guidance, and Russell Investments US Institutional Holdco set pricing on its term loan B at the high end of talk.


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