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Published on 3/5/2024 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Qualtrics updated; Truist, Groundworks accelerated; Ivirma, Inmarsat, AppLovin set talk

By Sara Rosenberg

New York, March 5 – In the primary market on Tuesday, Qualtrics modified the original issue discount on its add-on first-lien term loan, and Truist Insurance Holdings LLC and Groundworks accelerated the commitment deadlines for their loan transactions.

Also, Ivirma, Inmarsat (Connect Finco Sarl/Connect U.S. Finco LLC), AppLovin Corp., Bakelite Synthetics and Bettcher Industries Inc. all released price talk with launch.

Furthermore, SunSource (CD&R Hydra Buyer Inc./STS Operating Inc.) and Zekelman Industries joined this week’s new issue calendar.


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