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Published on 11/9/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Information Resources breaks; Celestica, Talbots, Ring Container release deal updates

By Sara Rosenberg

New York, Nov. 9 – Information Resources Inc.’s (IRI Holdings Inc.) credit facilities emerged in the secondary market on Friday, with the first-lien term loan quoted above its original issue discount.

Over in the primary market, Celestica Inc. reduced the size of its term loan B, increased the spread and finalized the original issue discount at the wide end of guidance, and Talbots Inc. sweetened the spread and issue price on its term loan B.

Also, Ring Container Technologies Group LLC firmed the original issue discount on its incremental first-lien term loan at the tight end of talk, and Imperva Inc. and Office Depot Inc. came out with pricing guidance on their loan transactions with launch.

Additionally, Global Tel*Link Corp. Inc., Jason Inc., Avantor and Perimeter Solutions LP surfaced with new deal plans.


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