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Published on 3/10/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Helix Generation, American Axle, HCA, Entegris, Allnex, Compass Group, HUB, CPI break

By Sara Rosenberg

New York, March 10 – A number of deals emerged in the secondary market on Friday, including Helix Generation Funding LLC, American Axle & Manufacturing Holdings Inc., HCA Inc., Entegris Inc., Allnex and Compass Group.

Also, HUB International Ltd. adjusted the issue price on its incremental covenant-light first-lien term loan B, and CPI International Inc. revised terms on its first-and second-lien term loans, and then both of those deals freed up for trading too.

In other happenings, Cologix Holdings Inc. lowered spreads on its first-lien, delayed-draw and second-lien term loans, Arctic Glacier LLC trimmed pricing on its term loan, added a step-down and modified the original issue discount, and Resolute Investment Managers tightened the issue price on its add-on first-lien term loan.

Furthermore, Sterling Talent Solutions disclosed price talk with launch, and ON Semiconductor Corp., RGIS Services LLC and INAP (Internap Corp.) surfaced with new deal plans.


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