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Published on 11/8/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Life Time, Cole-Parmer, Visteon break; Seahawk, Hearthside updated; Utility One accelerated

By Sara Rosenberg

New York, Nov. 8 – Life Time Inc.’s term loan B made its way into the secondary market on Wednesday above its issue price, and deals from Cole-Parmer Instrument Co. and Visteon Corp. freed up for trading too.

Over in the primary market, Seahawk Holdings (Dell Software) increased the size of its incremental first-lien term loan and set the spread on the debt, as well as on the repricing of its existing term loan, at the high end of talk.

Also, Hearthside Group Holdings LLC firmed the issue price on its add-on term loan B at the tight side of guidance, and Utility One Source (UOS LLC) accelerated the commitment deadline on its incremental term loan B.

Furthermore, California Resources Corp., Outfront Media Inc., GNC Holdings Inc., Vistra Group, Walker & Dunlop Inc. and Bright Horizons Family Solutions Inc. disclosed price talk with launch.

In addition, Circor International Inc., Weight Watchers International Inc., EagleClaw Midstream Ventures LLC, Clarivate Analytics (Camelot Finance LP) and Angus Chemical Co. joined this week’s primary calendar.


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