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Published on 2/8/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Berry Plastics, Go Daddy, Peabody, ADT, Homer City Generation, Ferro, Windstream break

By Sara Rosenberg

New York, Feb. 8 – A number of deals emerged in the secondary market on Wednesday, including Berry Plastics Corp., Go Daddy Operating Co. LLC, Peabody Energy Corp., ADT Corp., Homer City Generation LP, Ferro Corp. and Windstream Services LLC.

Moving to the primary market, Arclin moved some funds between its first-and second-lien term loans and tightened spreads and original issue discounts on the tranches, and Creative Artists Agency LLC trimmed pricing on its term loan B.

In addition, NBTY Inc. updated spreads on the repricing of its U.S. and sterling term loans, and Sesac Holdings accelerated the commitment deadline on its credit facility.

Also, VC GB Holdings Inc., Cypress Semiconductor Corp., Sabre Inc., Gavilan Resources LLC, C.H.I. Overhead Doors Inc., PLZ Aeroscience Corp., SeaStar Solutions and U.S. Farathane LLC released talk with launch, and CDW LLC and Russell Investments joined this week’s primary calendar.


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