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Published on 8/11/2023 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Equinox term loan gains post earnings news; Kymera finalizes incremental pricing terms

By Sara Rosenberg

New York, Aug. 11 – Equinox Holdings Inc.’s first-lien term loan moved higher in the secondary market on Friday after the company released financial results to lenders, while Air Canada’s term loan held steady with its second quarter earnings announcement.

Meanwhile, in the primary market, Kymera International set the spread on its incremental term loan at the low end of guidance and firmed the original issue discount at the tight end of talk.

In addition, Tacala Cos. completed syndication of its add-on first-lien term loan in line with initial talk, and CHG Healthcare joined the near-term primary calendar.


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