Secondary continues to strengthen; MKS, Cast & Crew, Aimbridge join near-term calendar

By Sara Rosenberg

New York, Jan. 7 – The tone in the leveraged loan secondary market was generally a good one on Monday, with most names running up again, according to traders.

One trader said that he saw good two flows during the session, while another said that there seemed to be a lot of buyers but not a lot of sellers.

“General market sentiment feels better. Hard to tell specifically how much things are up today, but things are stronger,” the second trader added.

Meanwhile, in the primary market, MKS Instruments Inc. came out with timing on the launch of its incremental term loan B, and Cast & Crew Entertainment Services and Aimbridge Hospitality hopped onto this week’s primary calendar.

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