E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/5/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

United Rentals, RevSpring, Fogo de Chao, NFP, GoodRx, J.D. Power, NEP Group, NES break

By Sara Rosenberg

New York, Oct. 5 – United Rentals (North America) Inc. firmed the spread on its term loan B at the low end of guidance and revised the issue price, RevSpring Inc. changed the original issue discount on its first-lien term loan and Fogo de Chao Inc. widened pricing on its term loan, and then all of these deals emerged in the secondary market on Friday.

Additionally, NFP Corp. adjusted the original issue discount on its incremental term loan B before freeing up for trading, and deals from GoodRx, J.D. Power, NEP Group Inc. and NES Global Talent Finance US LLC broke as well.

In more happenings, SurveyMonkey set the spread on its term loan at the tight side of talk and modified the issue price, and Forming Machining Industries Holdings LLC moved some funds between its first-and second-lien term loans, raised pricing on both tranches and added a step-down to the first-lien debt.

Furthermore, Paradigm (EIF Van Hook Equity Holdings) lifted pricing on its term loan, widened the issue price, extended the call protection and shortened the maturity, and Paradigm Outcomes (Comet Acquisition Inc.), BroadStreet Partners Inc., Horizon Pharma Inc. and Consilio hopped onto the near-term primary calendar.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.