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Published on 5/3/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Consolidated Energy, Fusion, Speedcast, Greenway Health, Albertsons, CityMD, Ensono break

By Sara Rosenberg

New York, May 3 – Consolidated Energy Finance SA increased its term loan B size, set the spread at the low end of guidance and revised the original issue discount, and upsized its revolver, and Fusion reworked its term loan sizes and updated issue prices, and then both of these deals broke for trading on Thursday.

Also, Speedcast International Ltd. firmed pricing on its term loan at the tight side of talk and Greenway Health LLC set the spread on its term loan at the high end of guidance, before freeing up, and deals from Albertsons Cos. Inc., CityMD (WP CityMD Bidco LLC) and Ensono LP emerged in the secondary market as well.

In more happenings, KeyW Corp. set pricing on its first-lien term loan at the high end of guidance and sweetened the spread, issue price and call protection on its second-lien term loan, Arterra Wines Canada Inc. modified the original issue discount on its incremental term loan B-1, and EnergySolutions LLC moved up the commitment deadline on its credit facilities.

Additionally, Evans Network of Cos., NorthStar Financial Services Group LLC and TerraForm Power Operating LLC released price talk with launch, and Quest/One Identity, GMS Inc. (GYP Holdings III Corp.), Hearthside Food Solutions LLC, Power Products LLC, Southwire Co. LLC and Keane Group Holdings LLC joined the near-term calendar.


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