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Published on 4/21/2022 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Epiq, Brook, Penn National break; ArcLight, TouchTunes revise deals; Paradigm accelerated

By Sara Rosenberg

New York, April 21 – Epiq (DTI Holdco Inc.) firmed the spread on its first-lien term loan at the low end of talk, and Brook + Whittle (BW Holding Inc.) increased the size of its incremental first-lien term loan and set the original issue discount at the wide end of guidance, and then these deals freed to trade on Thursday.

Another deal to make its way into the secondary market during the session was Penn National Gaming Inc.’s term loan B.

In more happenings, ArcLight GCX (AL GCX Holdings LLC) trimmed pricing on its term loan B and modified the issue price, and TouchTunes (TA TT Buyer LLC) revised the original issue discount on its first-lien term loan.

Also, Paradigm (Outcomes Group Holdings Inc.) accelerated the commitment deadline for its incremental term loans, Bausch + Lomb disclosed price talk with launch and Refresco Group BV joined the near-term primary calendar.


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