E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/16/2016 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Novolex, Flying, Charter, Halyard, Q Holding, Equinix, Tekni, Consolidated, Vertafore break

By Sara Rosenberg

New York, Dec. 16 – Deals from Novolex (Flex Acquisition Co. Inc.), Flying Fortress Inc., Charter Communications Inc., Halyard Health Inc., Q Holding Co., Equinix Inc. and Tekni-Plex Inc. all surfaced in the secondary market on Friday.

Also, Consolidated Communications Inc. finalized spread and original issue discount on its term loan at the tight side of guidance, and Vertafore Inc. (VF Holding Corp.) firmed pricing on its first-lien term loan at the low end of talk, and then these deals freed up for trading as well.

In more happenings, DigitalGlobe Inc. trimmed the spread on its term loan, added a leverage-based step-down and tightened the original issue discount, and Vestcom International Inc. upsized its first-lien term loan, set the spread at the tight end of guidance, added a step-down and revised the issue price.

Furthermore, MediaOcean LLC finalized pricing on its first-lien term loan repricing at the wide end of talk.

Las Vegas Sands LLC hosted a lender call at 11:30 a.m. ET on Friday to launch a repricing of its roughly $2.19 billion term loan B, according to a market source.

In other news, Rexnord Corp. closed on its $1,606,000,000 covenant-light first-lien term loan (B1/BB-) due August 2023, according to an 8-K filed with the Securities and Exchange Commission.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.