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Published on 1/9/2024 in the Prospect News CLO Daily and Prospect News High Yield Daily.

KBR revised; Hilton Grand accelerated; SBA, Kenan, Signature, BRP, ProMach and more set talk

By Sara Rosenberg

New York, Jan. 9 – In the primary market on Tuesday, KBR Inc. increased the size of its term loan B, set the spread at the low end of guidance, added a step-down and tightened the original issue discount, and Hilton Grand Vacations Borrower LLC moved up the commitment deadline for its incremental term loan B.

Also, SBA Communications Corp., Kenan Advantage Group Inc., Signature Aviation plc, BRP Inc. (Bombardier Recreational Products Inc.), ProMach Group Inc., WEX Inc., ArcLight GCX (AL GCX Holdings LLC) and Idemia all released price talk with launch.

Furthermore, Dave & Buster’s Inc., Focus Financial, Solenis and 1-800 Contacts Inc. jumped onto this week’s primary calendar.


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