Nautilus frees to trade; Sirva sets changes; Quality Distribution, MW Industries float talk

By Sara Rosenberg

New York, July 20 – Nautilus Power LLC’s add-on term loan B made its way into the secondary market on Friday and was seen trading above its original issue discount.

Moving to the primary market, Sirva Worldwide Inc. increased the size of its first-lien term loan, widened spreads and original issue discounts on its first-and second-lien tranches, sweetened the first-lien call protection and made a number of documentation changes.

Also, Quality Distribution (Gruden Acquisition Inc.) and MW Industries Inc. released price talk with launch, and Electro Rent Corp. surfaced with new deal plans.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.