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Published on 1/24/2023 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Intrado breaks; Caesars, Cushman, Eisner updated; Oryx, AOC, American Greetings set talk

By Sara Rosenberg

New York, Jan. 24 – Intrado increased the size of its term loan B, trimmed the spread, removed all pricing step-downs and modified the original issue discount, and then the debt made its way into the secondary market on Tuesday.

Also, Caesars Entertainment Inc. upsized its term loan B, lowered pricing, added a step-down and revised original issue discount talk, Cushman & Wakefield modified the spread and issue price on its amended and extended term loan B, and EisnerAmper (Eisner Advisory Group LLC) firmed the original issue discount on its incremental term loan B-2 at the tight end of guidance.

Furthermore, Oryx Midstream Services Permian Basin LLC, AOC LLC (LSF11 A5 HoldCo LLC) and American Greetings Corp. released price talk with launch, and Franchise Group Inc. joined this week’s primary calendar.


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