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Published on 7/30/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Alterra, Veritext, RV Retailer, Avolon, Hyperion Materials break; Webhelp tweaks deal

By Sara Rosenberg

New York, July 30 – Alterra Mountain Co. increased the size of its term loan B, and Veritext Corp. (VT TopCo Inc.) updated spreads and original issue discounts on its first-and second-lien term loans, and then these deals freed to trade on Friday.

Also, RV Retailer firmed the original issue discount on its term loan debt at the tight end of guidance before breaking for trading, and deals from Avolon and Hyperion Materials & Technologies Inc. emerged in the secondary market as well.

In more happenings, Webhelp SAS set U.S. and euro tranche sizes and finalized pricing, MediaOcean LLC moved up the commitment deadline for its add-on first-lien term loan, and Savage Enterprises LLC, LifeMiles Ltd. and Cooke Inc. joined the near-term primary calendar.


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