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Published on 8/16/2023 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Heartland Dental, Lakeshore Learning break; StandardAero, SonicWall, CHG changes emerge

By Sara Rosenberg

New York, Aug. 16 – Heartland Dental LLC increased the size of its add-on first-lien term loan and firmed the original issue discount at the tight end of talk before freeing up for trading on Wednesday, and Lakeshore Learning Materials LLC’s incremental first-lien term loan broke as well.

In more happenings, StandardAero (Dynasty Acquisition Co.) lowered pricing on its first-lien term loan debt, tightened the original issue discount and outlined B-1 and B-2 tranche sizes.

Also, SonicWall Inc. reduced the size of first-lien term loan and finalized the spread at the high end of guidance, and CHG Healthcare revised spread talk on its incremental first-lien term loan and changed the issue price.


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