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Published on 12/8/2023 in the Prospect News CLO Daily and Prospect News High Yield Daily.

CQP, Iron Mountain, Avolon, BMC, BroadStreet, Sundyne, Element break, OverDrive updated

By Sara Rosenberg

New York, Dec. 8 – CQP Holdco LP upsized its first-lien term loan B, Iron Mountain Information Management LLC increased the size of its term loan B, reduced the spread and tightened the original issue discount, and Avolon firmed the issue prices on its term loan B-6 at the tight side of talk, and then these deals freed to trade on Friday.

Other deals to make their way into the secondary market included BMC Software, BroadStreet Partners Inc., Sundyne (Star US Bidco LLC) and Element Solutions Inc./MacDermid Inc.

In more happenings, OverDrive set the spread on its first-lien term loan B at the low end of guidance and modified the issue price, and Ankura Consulting Group LLC modified the original issue discount on its incremental first-lien term loan.

Also, NEP, Medallion Midland Acquisition LP and Forefront Dermatology (Dermatology Intermediate Holdings III Inc.) released price talk with launch, and Aspen Dental joined the near-term primary calendar.


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