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Published on 12/10/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Davis, Cast & Crew, MHS, FullBloom, MetroNet, Anticimex, Baldwin, Yahoo, Protective break

By Sara Rosenberg

New York, Dec. 10 – Davis-Standard revised the original issue discount and call protection on its first-lien term loan B for a second time, and Cast & Crew Entertainment Services adjusted the issue price on its incremental first-lien term loan B, and then these deals freed to trade on Friday.

Also, before breaking for trading, MHS Holdings Inc. (Deliver Buyer Inc.) firmed the original issue discount on its add-on first-lien term loan B at the tight end of guidance, FullBloom set pricing on its term loan B at the low side of talk, and MetroNet finalized the original issue discount on its add-on first-lien term loan B at the tight end of talk.

Other deals to make their way into the secondary market during the session included Anticimex Inc., Baldwin Risk Partners LLC, Yahoo (AP Core Holdings II LLC) and Protective Industrial Products Inc.

In more happenings, Authentic Brands Group updated spreads and original issue discounts on its first- and second-lien term loans, Smart Start (Global IID Parent LLC) finalized pricing on its first- and second-lien term loans at the high end of talk, and Confluence Technologies Inc. increased the size of its incremental first-lien term loan and firmed the issue price at the tight side of guidance.


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