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Published on 12/14/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

CPV, TricorBraun break; Tecta America, Latham Pool, Callaway Golf, Excelitas tweak deals

By Sara Rosenberg

New York, Dec. 14 – CPV Shore Holdings LLC firmed the spread and issue price on its term loan B at the wide end of talk, and TricorBraun Holdings Inc. upsized its fungible incremental term loan, and then these deals freed up for trading on Friday.

In more happenings, Tecta America Corp. increased the size of its first-lien term loan and sweetened the original issue discount for a second time, and Latham Pool Products Inc. adjusted the issue price on its term loan B and shortened the maturity.

Also, Callaway Golf Co. lifted pricing on its term loan B, modified the issue price and extended the call protection, and Excelitas Technologies Corp. changed the original issue discount on its incremental first-lien term loan.


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