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Published on 5/12/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Warner Music, Charter NEX, Mortgage Contracting, Aptean, Hostess, Macom, Telenet break

By Sara Rosenberg

New York, May 12 – Warner Music Group’s (WMG Acquisition Corp.) term loan freed to trade on Friday, as did deals from Charter NEX US Inc., Mortgage Contracting Services and Aptean Inc.

Also, Hostess Brands LLC and Macom Technology Solutions Holdings Inc. finalized the spreads on their term loans at the low end of guidance, and Telenet tightened the issue price on its add-on term loan AI, and then all of these deals made their way into the secondary market as well.

In more happenings, Post Holdings Inc. accelerated the commitments deadline on its term loan B, and Civitas Solutions Inc. (National Mentor Holdings Inc.) and SeaStar Solutions (Marine Acquisition Corp.) disclosed price talk with launch.

Furthermore, Axalta Coating Systems U.S. Holdings Inc., Hyland Software Inc., Yonkers Racing Corp., American Traffic Solutions and AGS joined the near-term calendar.


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