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Published on 11/13/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

California Resources, Utz update; PODS, Gates, Berry, Insight, Microsemi, Melissa set talk

By Sara Rosenberg

New York, Nov. 13 – In the primary market on Monday, California Resources Corp. increased its term loan size, lowered price talk and modified the original issue discount, and Utz Quality Foods LLC trimmed the spread on its first-lien term loan and set the issue price on its second-lien term loan at the middle of guidance.

In addition, PODS LLC, Gates Global LLC, Berry Plastics Corp., Insight Global (IG Investments Holdings LLC), Microsemi Corp. and Melissa & Doug (MND Holdings III Corp.) disclosed price talk with launch.

Also, Garda World Security Corp., Entravision Communications Corp., Parts Town (PT Holdings LLC), Blucora Inc., BayMark Health Services Inc. and NXT Capital Inc. joined this week’s calendar.


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