E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/30/2016 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Press Ganey, Quality, Mohegan, American Bath, Henry, Affinity, US LBM, Ardagh, Chobani break

By Sara Rosenberg

New York, Sept. 30 – A number of deals freed up for trading on Friday, including Press Ganey Inc., Quality Care Properties Inc., Mohegan Tribal Gaming Authority, American Bath Group LLC, Henry Co. LLC, Affinity Gaming, US LBM Holdings LLC and Ardagh Group (Ardagh Holdings USA Inc. and Ardagh Packaging Finance SA).

Also, Chobani LLC firmed pricing on its term loan B at the tight end of talk, and then it too made its way into the secondary market.

In more happenings, Misys shifted some funds between its U.S. and euro term loan B’s, updated spreads and adjusted original issue discount talk, and Vertiv (Cortes NP Acquisition Corp.) upsized its term loan, widened pricing, changed original issue discount talk and sweetened the call premium.

Furthermore, Vantiv Inc. firmed pricing on its term loan B at the low end of guidance, modified the issue price and extended the call protection, and Zest Holdings LLC finalized the spread on its add-on term loan at the high end of talk while tightening the original issue discount.

In addition, Tronair finalized the spread on its first-lien term loan B at the wide end of guidance, and Intrawest Operations Group LLC joined the near-term calendar.

In other news, SRS Distribution Inc.’s fungible $100 million incremental covenant-light first-lien term loan (B) due Aug. 25, 2022, allocated on Friday, a source said.


© 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.