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Published on 6/22/2020 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Pathway Vet, Carrols Restaurant update deals; American, Gardner, PQ, Meredith set talk

By Sara Rosenberg

New York, June 22 – Pathway Vet Alliance LLC on Monday increased the size of its funded first-lien term loan, firmed the spread on its first-lien debt at the low end of guidance and tightened the original issue discount.

Also, Carrols Restaurant Group Inc. upsized its incremental term loan B, set pricing at the high side of talk and firmed the issue price at the wide end of guidance.

Furthermore, American Airlines Inc., Gardner Denver Inc. (Ingersoll Rand), PQ Corp. and Meredith Corp. released price talk with launch, and thyssenkrupp Elevator and United Mileage Plus joined this week’s primary calendar.


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