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Published on 5/7/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

GGP, Avolon, ESH Hospitality break; Vistra Group, Senneca Holdings, NEP changes emerge

By Sara Rosenberg

New York, May 7 – GGP Inc. finalized the spread on its term loan B at the high end of talk before freeing up for trading on Monday, and deals from Avolon and ESH Hospitality Inc. made their way into the secondary market as well.

In more happenings, Vistra Group modified the original issue discount on its term loan, Senneca Holdings lifted pricing on its first-lien term loans, and NEP Group Inc. increased the size of its add-on term loan B and firmed the issue price at the tight side of guidance.

Also, Vistra Energy (Vistra Operating Co. LLC), Hearthside Food Solutions LLC, GMS Inc. (GYP Holdings III Corp.), Western Digital Corp., American Airlines Inc., Berry Global Group Inc., Southwire Co. LLC, Big Jack’s Holdings LP (Jack’s Family Restaurant) and Keane Group Holdings LLC released price talk with launch.

Furthermore, LifeScan Global Corp., Renaissance Learning, Blackhawk Network Holdings Inc., Trinseo SA, Miller’s Ale House Inc. and Securus Technologies Holdings Inc. joined this week’s primary calendar.


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