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Sabre, Divisions Maintenance, Hyster-Yale, ProAmpac, Torrid, Wastequip break, DT accelerated
By Sara Rosenberg
New York, May 21 – Sabre Industries Inc. lowered the spread on its first-lien term loan, removed a step-down, firmed the original issue discount at the wide end of guidance and extended the call protection before freeing up for trading on Friday.
Also, Divisions Maintenance Group (DMG) finalized pricing on its first-lien term loan B at the low end of talk, and Hyster-Yale Materials Handling Inc. set the spread and original issue discount on its first-lien term loan at the wide side of guidance, and then these deals broke as well.
Other deals to make their way into the secondary market on Friday included ProAmpac, Torrid LLC and Wastequip LLC (Patriot Container Corp.).
In more happenings, DT Midstream Inc. accelerated the commitment deadline for its term loan B, and HelpSystems announced plans for a first-lien term loan repricing.
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