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Published on 10/16/2023 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Consolidated Communications gains; Action accelerated; New Fortress, Acrisure set talk

By Sara Rosenberg

New York, Oct. 16 – Consolidated Communications Holdings Inc.’s term loan headed higher in the secondary market on Monday as the company announced that it has agreed to be acquired by Searchlight Capital Partners LP and British Columbia Investment Management Corp., and has amended its credit agreement.

Meanwhile, in the primary market, Action Holding BV (Peer Holding III BV/Peer USA LLC) moved up the commitment deadline for its term loan B-4.

Also, New Fortress Energy Inc. (NFE), Acrisure LLC and Kraton Corp. released price talk with launch, and Cetera Financial Group (Aretec Group Inc.), Belfor and SUSE joined the near-term primary calendar.


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