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Published on 8/15/2023 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Tenneco, Access CIG, ASGN, Epicor break; Axalta, AppLovin, Lakeshore Learning updated

By Sara Rosenberg

New York, Aug. 15 – Tenneco Inc. downsized its term loan B, finalized the original issue discount at the wide end of guidance and made some changes to documentation, and then the debt made its way into the secondary market on Tuesday.

Also, Access CIG LLC finalized the original issue discount on its first-lien term loan at the tight end of talk before freeing up for trading, and deals from ASGN Inc. and Epicor Software Corp. broke as well.

In more happenings, Axalta Coating Systems Ltd. set the issue price on its term loan B-4 at the tight side of talk, AppLovin Corp. firmed the original issue discount on its first-lien term loan B at the tight end of guidance, and Lakeshore Learning Materials LLC increased the size of its incremental first-lien term loan.


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