E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/7/2024 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Applied Systems, United Rentals, Artera, TenCate, Consumer Cellular break; Sharp updated

By Sara Rosenberg

New York, Feb. 7 – Applied Systems Inc. moved some funds between its first- and second-lien term loans, trimmed the spread on its second-lien loan and changed the issue prices on both tranches, and United Rentals (North America) Inc. increased the size of its term loan B and finalized the original issue discount at the tight end of talk, and then both of these deals freed up for trading on Wednesday.

Also, before breaking for trading, Artera Services LLC upsized its first-lien term loan, and TenCate Grass Holding BV (Touchdown Acquirer Inc.) changed the original issue discount on its U.S. and euro term loans again, and Consumer Cellular’s (CCI Buyer Inc.) incremental term loan B made its way into the secondary market as well.

In more happenings, Sharp Services LLC firmed the issue price on its add-on first-lien term loan at the tight end of revised guidance, and KITO Crosby (Crosby US Acquisition Corp.) moved up the commitment deadline for its first-lien term loan.

Furthermore, AssuredPartners Inc., BrightSpring Health Services Inc. (Phoenix Guarantor Inc.) and Getty Images Inc. released price talk with launch, and EisnerAmper (Eisner Advisory Group LLC) joined this week’s 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.