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Published on 1/29/2019 in the Prospect News CLO Daily and Prospect News High Yield Daily.

DiscoverOrg, Kofax, Allegiant, MHS, Quirch break; LifeMiles, Radiology Partners set changes

By Sara Rosenberg

New York, Jan. 29 – DiscoverOrg LLC shifted some funds between its first-and second-lien term loans and tightened spreads and issue prices on the debt, and Kofax (Project Leopard Holdings) widened the original issue discount on its first-lien term loan, and then these deals freed up for trading on Tuesday.

Also, Allegiant Travel Co. raised pricing on its term loan B, changed the issue price and extended the call protection before hitting the secondary market, and MHS Inc. and Quirch Foods Co. broke as well.

In more happenings, LifeMiles Ltd. increased the size of its add-on term loan B, and Radiology Partners Inc. modified the original issue discount on its incremental first-lien term loan B.


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