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Sequa, Advantage Sales break; Misys, TierPoint revise deals; Truck Hero, Quikrete set talk
By Sara Rosenberg
New York, April 26 – Sequa Corp.’s credit facilities allocated and broke for trading on Wednesday, with the first-lien term loan quoted above its original issue discount, and Advantage Sales & Marketing hit the secondary market too.
Meanwhile, in the primary market, Misys Ltd. upsized its U.S first- and second-lien term loans, downsized its euro second-lien term loan and updated price talk, and TierPoint LLC raised the spread on its first-lien term loan.
Also, Truck Hero Inc. and Quikrete Co. came out with price talk on their loan transactions with launch, and Alexander Mann Solutions, Caesars Entertainment Resort Properties LLC and Coronado Coal LLC are getting ready to bring new deals to market.
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