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Published on 1/12/2024 in the Prospect News CLO Daily and Prospect News High Yield Daily.

WEX, BRP, Dealer Tire, SolarWinds, Jane Street, Signature Aviation, Jeld-Wen, Jones break

By Sara Rosenberg

New York, Jan. 12 – WEX Inc. finalized the spread on its term loan B at the high end of guidance, BRP Inc. (Bombardier Recreational Products Inc.) raised the size of its term loan B-4 and firmed the original issue discount at the tight end of talk, Dealer Tire upsized its term loan B, and SolarWinds Inc. set the issue price on its term loan B at the tight end of talk, and then these deals freed to trade on Friday.

Other deals to make their way into the secondary market during the session included Jane Street Group LLC, Signature Aviation plc, Jeld-Wen Inc. and Jones DesLauriers Insurance Management Inc. (Navacord).

In other news, Focus Financial Partners LLC increased the size of its term loan B-7, Corporation Service Co. (CSC) set pricing on its term loan B at the low end of talk, SeaWorld Parks & Entertainment Inc. firmed the spread on its term loan B at the high side of guidance, and Westinghouse (WEC US Holdings Inc.) moved up the commitment deadline for its first-lien term loan B.


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