Ahead DB, Dun & Bradstreet, Caesars, Merlin Entertainments, Tricor/Vistra, Novolex break

By Sara Rosenberg

New York, Jan. 24 – Ahead DB revised the original issue discount on its incremental first-lien term loan, Dun & Bradstreet Corp. finalized the issue price on its incremental first-lien term loan B at the tight end of revised talk, and Caesars Entertainment Inc. lifted the size of its term loan B, reduced the spread and firmed the original issue discount at the tight side of guidance, and then these deals freed to trade on Wednesday.

Also, before breaking for trading, Merlin Entertainments plc upsized its U.S. term loan, lowered the spread and set the issue price at the tight end of talk and Tricor/Vistra raised sizes of its U.S. and euro term loans and trimmed pricing.

Another deal to make its way into the secondary market during the session was Novolex (Clydesdale Acquisition Holdings Inc.), with its first-lien term loan bid in line with its original issue discount price.

In more happenings, Mavis Tire Express Services TopCo Corp. widened the spread on its first-lien term loan, NGL Energy Operating LLC revised the original issue discount on its term loan B and added a leverage-based pricing step-down, and WellSky (Project Ruby Ultimate Parent Corp.) increased the size of its incremental first-lien term loan and set the spread at the low end of talk.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.