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Published on 7/2/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Savage Enterprises frees up above OID; MeridianLink/CRIF reworks first-lien loan terms

By Sara Rosenberg

New York, July 2 – Savage Enterprises LLC saw its term loan B surface in the secondary market during Monday’s market hours, and the debt was trading above its original issue discount.

Meanwhile, in the primary market, MeridianLink Inc./CRIF Lending Solutions raised the spread on its first-lien term loan, added a pricing step-down and extended the call protection, Infinite Electronics Inc. reduced the Libor floor on its first-lien term loan, and Stetson Midstream joined the near-term primary calendar.


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