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Published on 8/1/2019 in the Prospect News CLO Daily and Prospect News High Yield Daily.

DaVita, Calpine, SnapAV update deals; Clear Channel, Albertsons, CEC, Shields disclose talk

By Sara Rosenberg

New York, Aug. 1 – In the primary market on Thursday, DaVita Inc. lowered pricing on its term loan B and set the issue price at the tight end of guidance, and Calpine Corp. increased the size of its term loan B-10 and modified the original issue discount.

Also, SnapAV changed the structure of its incremental first-lien term loan, trimmed the spread, widened the issue price, extended the call protection and made lender-friendly revisions to documentation.

Additionally, Clear Channel Outdoor Holdings Inc., Albertsons Cos. Inc., CEC Entertainment Inc. and Shields Health Solutions Holdings LLC released price talk with launch, and US Ecology Inc. joined the near-term primary calendar.


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