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Published on 5/8/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Kronos, AssuredPartners, Dayco break; Digicel International term loan B changes surface

By Sara Rosenberg

New York, May 8 – Kronos Inc.’s term loan B hit the secondary market on Monday, with levels quoted above its issue price, and deals from AssuredPartners Inc. and Dayco Products LLC freed to trade as well.

Switching to the primary market, Digicel International Finance Ltd. increased the size of its term loan B, trimmed the spread and set the original issue discount at the tight side of talk, and Consolidated Container Co., Equian LLC and Charter NEX US Inc. accelerated the commitment deadlines on their loan transactions.

Also, Warner Music Group (WMG Acquisition Corp.), Four Seasons Hotels and Resorts, Emerald Expositions Holding Inc., Mister Car Wash, ClubCorp Club Operations Inc., MotorCity Casino Hotel and National Veterinary Associates released price talk with launch.

In addition, CIBT, TRC Cos. Inc., Hyperion Insurance Group Ltd., KIK Custom Products Inc., Blue Buffalo Co. and Aptean Inc. joined this week’s primary calendar.


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