Belcan breaks; Builders FirstSource, EagleView, Consolidated Aerospace, Ryan ready deals

By Sara Rosenberg

New York, July 10 – Belcan Corp.’s (Propulsion Acquisition LLC) credit facility freed up for trading on Friday afternoon, and AmeriLife Group’s first-lien term loan held steady during its second day in the secondary market.

Belcan’s $190 million six-year first-lien term loan (B3/B) was quoted at 97 bid, 98 offered, according to a market source.

AmeriLife’s $177.5 million seven-year first-lien term B (B2/B+) was quoted at 99˝ bid, par offered on Friday, after breaking for trading in that same context on Thursday, a market source remarked.

Meanwhile, in the primary market, Builders FirstSource Inc. set a bank meeting for its credit facility, and EagleView Technology Corp., Consolidated Aerospace Manufacturing LLC and Ryan LLC surfaced with new deal plans.

Over in the primary, Builders FirstSource nailed down timing on its previously announced $1.35 billion credit facility, with the deal scheduled to launch with a bank meeting at 2 p.m. ET in New York on Tuesday, a market source remarked.

EagleView Technology set a bank meeting for 10 a.m. ET on Tuesday to launch a $360 million senior secured credit facility, according to a market source.

Consolidated Aerospace plans to hold a bank meeting on Thursday to launch a $265 million credit facility, a market source remarked.

And Ryan scheduled a bank meeting for 1 p.m. ET on Tuesday to launch a $300 million credit facility (B2), market sources said.

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