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Published on 3/28/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

AlixPartners, Infogroup, American Teleconferencing break; Associated Asphalt sets changes

By Sara Rosenberg

New York, March 28 – AlixPartners LLP’s term loan B made its way into the secondary market on Tuesday, with levels quoted above its original issue discount, and Infogroup Inc.’s first-lien term loan began trading as well.

In addition, American Teleconferencing Services Ltd. (Premiere Global Services) firmed the original issue discount on its add-on first-lien term loan at the tight end of talk, and then it too freed up for trading.

Also in the loan market, Associated Asphalt Partners LLC reduced pricing on its first-lien term loan B and modified the original issue discount, Springer Science + Business Media (Springer Nature) upsized its euro term loan, updated pricing and dropped plans for maturity extensions, and CCC Information Services Inc. accelerated the commitment deadline on its credit facility.

And, Conduent Business Services LLC, NBG Acquisition Inc., Atlantic Power Corp., ProAmpac, BMC Software and NXT Capital Inc. disclosed price talk with launch, and Constellis Holdings LLC and ServiceMaster Co. LLC hopped onto this week’s primary calendar.


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