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Published on 11/16/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Daseke, RCN Grand Wave, Clarivate Analytics, Hostess, ExGen, AGRO Merchants break

By Sara Rosenberg

New York, Nov. 16 – Daseke Inc. raised the spread on its incremental term loan and repricing of its existing term loan before freeing up for trading on Thursday, and deals from RCN Grand Wave (Radiate Holdco LLC), Clarivate Analytics (Camelot Finance LP) and Hostess Brands LLC, ExGen Renewables IV LLC and AGRO Merchants Global LP also hit the secondary market.

In more happenings, Packers Sanitation Services Inc. upsized its first-lien term loan, set pricing at the low end of guidance and tightened the issue price, and Excelitas Technologies Corp. trimmed spreads on its first-and second-lien term loans and adjusted original issue discounts on the first-lien debt.

Also, Go Daddy Operating Co. LLC raised pricing on its term loan, added a step-down and set the issue price at the tight end of talk, and 84 Lumber Co. lifted pricing on its term loan B and sweetened the call protection.

Additionally, Alight Solutions upsized its add-on term loan B, Vistra Group lowered pricing on its euro first-lien term loan debt and BayMark Health Services Inc. released price talk with launch.


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