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Published on 4/10/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

EmployBridge, Micron, Transplace, Shearer’s free to trade; Authentic Brands changes emerge

By Sara Rosenberg

New York, April 10 – EmployBridge LLC finalized the spread on its term loan B at the low side of guidance and tightened the original issue discount before breaking for trading on Tuesday, and deals from Micron Technology Inc., Transplace Holdings Inc. and Shearer’s Foods LLC freed up too.

In other news, Authentic Brands Group LLC (ABG Intermediate Holdings 2 LLC) upsized its second-lien term loan tranches and modified the issue price on the debt as well as on its first-lien term loan tranches.

Also, Airxcel Inc. (AirX Holdings Inc.), NAI Entertainment Holdings LLC, H.B. Fuller Co., Golden Nugget Inc., Caesars Entertainment Opco (CEOC LLC), Highline Aftermarket Acquisition LLC, Apergy Corp. and Ferro Corp. disclosed price talk with launch.

Additionally, Consolidated Precision Products (WP CPP Holdings LLC), Isagenix International LLC, SunSource, SRAM LLC and ClubCorp Holdings Inc. emerged with new deal plans.


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