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Published on 3/19/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

SpecialtyCare, Dimora, MGM Growth, NRG, DTI, Certara break; multiple deals undergo changes

By Sara Rosenberg

New York, March 19 – SpecialtyCare upsized its add-on first-and second-lien term loans and adjusted the issue price on the first-lien tranche and Dimora Brands Inc. set pricing on its term loan at the wide end of guidance before, and then these deals freed up for trading on Monday.

Other deals to make their way into the secondary market during the session included MGM Growth Properties Operating Partnership LP, NRG Energy Inc., DTI Holdco Inc. (Epiq) and Certara.

In more happenings, Omnitracs LLC lowered the spread on its term loan B and revised the original issue discount, and Coronado Australia Holdings Pty. Ltd. lifted pricing on its term loans, widened the issue price and sweetened the call protection.

Also, Wells Enterprises Inc. tightened the spread and original issue discount on its term loan, LifeMiles Ltd. increased the size of its add-on term loan B and adjusted the issue price, and Lindblad Expeditions Inc. reduced pricing on its term loan, added a step-down and adjusted the original issue discount.

Furthermore, Inovalon Holdings Inc., American Greetings Corp., Vyaire Medical Inc., Pharmaceutical Product Development LLC (Jaguar Holding Co. II), CDW LLC, Grosvenor Capital Management, Russell Investments, INAP (Internap Corp.) and Tekni-Plex Inc. released price talk with launch.

Additionally, Wyndham Hotels & Resorts Inc., West Corp., Stars Group Inc., Shearer’s Foods LLC, Vivid Seats LLC, Plaskolite LLC and Tailored Brands Inc. joined this week’s primary calendar.


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