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Published on 10/20/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Synaptics, Petmate, Atlantic, LaserShip, All My Sons, Precisely, Pacific, Traverse break

By Sara Rosenberg

New York, Oct. 20 – Synaptics Inc. lowered pricing on its first-lien term loan, added a step-down and revised the original issue discount, Petmate raised the spread and Libor floor on its first-lien term loan, and sweetened the call protection, and Atlantic Aviation (KKR Apple Bidco LLC) finalized the issue price on its incremental first-lien term loan at the tight end of guidance, and then these freed to trade on Wednesday.

Other deal to make their way into the secondary market during the session included LaserShip Inc., All My Sons, Precisely, Pacific Bells LLC, Traverse Midstream Partners LLC and McGraw-Hill Education Inc.

In other news, MKS Instruments Inc. revised price talk on its U.S. and euro term loans, and Alliant Holdings upsized its add-on term loan B-3, lowered the spread and changed the original issue discount, and added a repricing of its existing term loan B-3.

Also, UFC Holdings LLC set the issue price on its add-on term loan B within talk, and Idera Inc. firmed the original issue discount on its incremental first-lien term loan at the tight side of guidance.


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