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Published on 7/25/2019 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Pregis, Mannington Mills, Clearwater Paper, BroadStreet Partners, LegalShield break

By Sara Rosenberg

New York, July 25 – A number of deals made their way into the secondary market on Thursday, including Pregis LLC, Mannington Mills, Clearwater Paper Corp., BroadStreet Partners Inc. and LegalShield.

Meanwhile, in the primary market, Midcontinent Communications added a pricing step-down to its term loan B and tightened the original issue discount, and Veritext Corp. adjusted the original issue discount on its add-on term loan.

Also, United Road Services Inc. lifted the spread on its incremental first-lien term loan, and AmWINS Group LLC moved up the commitment deadline for its incremental first-lien term loan.

In addition, UGI Energy Services LLC, Franklin Energy Group and DynCorp International disclosed price talk with launch.


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