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Published on 3/21/2019 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Tank Holding breaks above OID; Carbonite, Hyperion Insurance tweak loan deals

By Sara Rosenberg

New York, March 21 – Tank Holding Corp.’s credit facilities surfaced in the secondary market on Thursday morning, and the first-lien term loan B was seen quoted above its original issue discount price.

Meanwhile, in the primary market, Carbonite Inc. reduced the spread on its term loan B and tightened the issue price, and Hyperion Insurance Group Ltd. increased the size of its add-on term loan B.

Furthermore, Carrols Restaurant Group Inc., Sabre Industries, Perstorp Holding AB and Mister Car Wash Holdings Inc. released price talk on their loan transactions with launch.


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