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Published on 6/29/2023 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Helix Gen Funding, Cyanco, Dave & Buster’s free to trade; Idemia changes surface

By Sara Rosenberg

New York, June 29 – Helix Gen Funding LLC downsized its term loan, set pricing at the high end of guidance, revised the floor and extended the call protection, and upsized its revolving credit facility, before breaking for trading on Thursday.

Also, Cyanco Intermediate 2 Corp. finalized the spread on its term loan B at the low end of talk, increased the floor and made a number of revisions to documentation, and then freed to trade above its original issue discount.

Another deal to make its way into the secondary market during the session was Dave & Buster’s Inc.’s term loan B.

And, in more happenings, Idemia increased the sizes of its U.S. and euro first-lien term loans, firmed spreads at the low end of guidance and tightened original issue discounts.


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