Stars, HireRight, Asurion, Clean Harbors, Kepro, BBB Industries, Worldwide Express break

By Sara Rosenberg

New York, June 29 – A number of deals freed up for trading on Friday, including Stars Group Inc., HireRight (Genuine Financial Holdings LLC), Asurion LLC, Clean Harbors Inc. and Kepro (Keystone Peer Review Organization Inc.).

Stars Group’s $3,575,000,000 seven-year term loan B was quoted at 99¾ bid, 100¼ offered.

HireRight’s $835 million seven-year first-lien term loan (B2/B) was seen at 99 5/8 bid, 100 1/8 offered, and the $215 million eight-year second-lien term loan (Caa2/CCC+) was seen at 99 bid, 99¾ offered.

Asurion’s $2.25 billion first-lien term B-7 (B+) was quoted at 99½ bid, 99¾ offered, and the $1.5 billion add-on second-lien term loan (B-) was quoted at 101 3/8 bid, 101 7/8 offered.

Clean Harbors’ fungible $350 million add-on senior secured first-lien term loan (Ba1/BBB-) was quoted at 99¾ bid, 100¼ offered.

Kepro’s fungible $27.5 million add-on first-lien term loan was seen at 99¾ bid, 100½ offered.

Additionally, BBB Industries LLC’s credit facilities hit the secondary market after the company extended the call protection on its first-lien term loan, and Worldwide Express (SMB Shipping Logistics) broke after cancelling plans for new term loans and getting an add-on first-lien term loan instead.

In more happenings, Value-Based Care Solutions widened the spread and original issue discount on its first-lien term loan B, eliminated pricing step-downs and extended the call protection, and Intermedia surfaced with new deal plans.

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