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Published on 6/9/2020 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Duff & Phelps frees to trade atop OID; Lummus, Internet Brands launch transactions

By Sara Rosenberg

New York, June 9 – Duff & Phelps tightened the original issue discount on its incremental first-lien term loan B and then the debt made its way into the secondary market on Tuesday.

Also, Lummus Technology (Illuminate Buyer LLC) came to market with a larger-than-expected term loan and released price talk on the debt, and Internet Brands Inc. announced and launched an incremental first-lien term loan.


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