R.R. Donnelley, Resideo break; J.D. Power, GoodRx, NEP revised; United Rentals accelerated

By Sara Rosenberg

New York, Oct. 4 – R.R. Donnelley & Sons Co.’s term loan freed up for trading on Thursday above its original issue discount, and Resideo Technologies Inc.’s term loan B emerged in the secondary market as well.

Meanwhile, in the primary market, J.D. Power upsized its first-lien term loan and set pricing at the high side of talk, and GoodRx increased the size of its first-lien term loan and finalized the spread at the low end of revised guidance, and decreased the size of its second-line term loan.

Also, NEP Group Inc. shifted some funds between its U.S. first-and second-lien term loans, tightened spreads and original issue discount talk on all of its term loan tranches, and added pricing step-downs to the first-lien debt, and United Rentals (North America) Inc. accelerated the commitment deadline on its term loan B.

In addition, Grocery Outlet Inc., BCP Raptor II LLC (Caprock Midstream), ProQuest LLC, Pixelle Specialty Solutions LLC and Jacobs Douwe Egberts disclosed price talk with launch, and CPM Holdings Inc. joined the near-term primary calendar.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.