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Published on 1/22/2024 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Adtalem, Mariner Wealth, SBA Communications break; TMF, ION revised; Ahead DB accelerated

By Sara Rosenberg

New York, Jan. 22 – Adtalem Global Education Inc. firmed pricing on its first-lien term loan B at the low end of talk, and Mariner Wealth Advisors finalized the issue price on its incremental first-lien term loan at the tight end of talk, and then these deals, as well as SBA Communications Corp.’s term loan B, freed to trade on Monday.

In more happenings, TMF Group (TMF Sapphire Bidco BV) trimmed the spread on its U.S. term loan B and removed a step-down, and lowered price talk on its euro term loan B, ION Corporates upsized its add-on term loan B and set the issue price on its repricing term loan B at the tight end of guidance, and Ahead DB moved up the commitment deadline for its incremental first-lien term loan.


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