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Published on 12/14/2020 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Syndigo frees up; E.W. Scripps, Weld North revise deals, CommerceHub, Zywave accelerated

By Sara Rosenberg

New York, Dec. 14 – Syndigo LLC finalized spreads on its first-and second-lien term loans at the wide end of guidance, and then the debt made its way into the secondary market on Monday.

In other news, E.W. Scripps Co. lowered price talk on its incremental first-lien term loan B and updated original issue discount guidance, Weld North Education increased the amount that it intends to extend of its existing first-lien term loan, and CommerceHub Inc. and Zywave Inc. moved up the commitment deadlines for their loans.

Also, GFL Environmental Inc. and KIK Consumer Products (Kronos Acquisition Holdings Inc.) came to market with term loan transactions, and Tank Holding Corp. emerged with new deal plans.


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