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Published on 7/3/2019 in the Prospect News CLO Daily and Prospect News High Yield Daily.

CoreCivic shelves term loan B, contemplates options; Areas Worldwide modifies loan terms

By Sara Rosenberg

New York, July 3 – CoreCivic Inc. placed syndication of its term loan B on hold for now and is contemplating moving to a term loan A structure, and Areas Worldwide widened spreads and original issue discounts on its U.S. and euro term loans on Wednesday.

And, in more new deal happenings, Whatabrands LLC joined the near-term primary calendar.


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