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

Sinclair, Darling Ingredients, Autodata, EMI Music break; multiple deals emerge changed

By Sara Rosenberg

New York, Dec. 12 – Sinclair Television Group Inc. firmed the original issue discount on its incremental term loan at the tight end of revised talk and Darling Ingredients Inc. modified the issue price on its term loan B, and then these deals freed up for trading on Tuesday.

Other deals to make their way into the secondary market during the session included Autodata Inc. and EMI Music Publishing Group North America Holdings Inc.

In more happenings, Direct ChassisLink Inc. trimmed the spread on its term loan and tightened the original issue discount, Indivior Finance lowered pricing on its U.S. and euro term loans, and BayMark Health Services Inc. revised the spread and original issue discount on its second-lien term loan.

Also, Wheelabrator Technologies Inc. (Granite Acquisition Inc.) adjusted the issue price on its incremental term loan C, Churchill Downs Inc. downsized its term loan B and changed the spread and original issue discount, and TCW Group reduced pricing on its term loan.

Furthermore, Aristocrat Leisure Ltd. and MB Aerospace Holdings II Corp. accelerated the commitment deadlines on their loan deals, and Sedgwick Claims Management Services Inc. and Western Generation Partners (WGP Acquisition LLC) released price talk with launch.


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