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Klockner, Oasis, ProQuest, Ascend, PDC, Canam, Zayo, MKS, Horseshoe, Constellis break
By Sara Rosenberg
New York, June 29 – Klockner Pentaplast updated the size of its U.S. and euro term loan B tranches and extended the call protection, Oasis Outsourcing Holdings Inc. firmed pricing on its first-lien term loan at the low end of talk and ProQuest LLC finalized pricing on its term loan at the high end of talk while adjusting the Libor floor and call protection, and then all of these deals freed up for trading on Thursday.
Other deals to emerge in the secondary market during the session included Ascend Learning LLC, PDC Brands (Parfums Holding Co. Inc.), Canam Steel Corp. (Canaveral Holdings B Inc.), Zayo Group LLC, MKS Instruments Inc., Horseshoe Baltimore (CBAC Gaming LLC) and Constellis Holdings LLC.
Returning to the primary market, Exela Technologies lifted pricing on its term loan B for a second time, Genesys widened spreads on its U.S. and euro term loans, Venator Materials plc upsized its term loan, set pricing at the low end of guidance and tightened the issue price, and Jo-Ann Stores Inc. increased the size of its add-on term loan while firming the original issue discount at the wide side of talk.
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