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Published on 11/2/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

AerCap, Michael Baker break; Motus, Acuren updates surface; Byju’s accelerates deadline

By Sara Rosenberg

New York, Nov. 2 – AerCap Holdings NV (Setanta Aircraft Leasing DAC) lowered the spread on its term loan B and modified the original issue discount before freeing up for trading on Tuesday, and Michael Baker International’s first-lien term loan B broke as well.

In other news, Motus set pricing on its first-lien term loan at the high end of guidance, added a step-down and tightened the issue price, Acuren (Rockwood Service Corp.) revised the original issue discount on its add-on term loan B, and Byju’s (Think & Learn Private Ltd.) moved up the commitment deadline for its term loan B.

Also, TransUnion LLC, Vantage Elevator Solutions, AMG Advanced Metallurgical Group NV and Fender Musical Instruments Corp. released price talk with launch, and Pelican Products Inc. and Acrisure LLC joined this week’s primary calendar.


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