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Published on 10/11/2023 in the Prospect News CLO Daily and Prospect News High Yield Daily.

ADT breaks; Evertec changes emerge; BGIS, Minimax Viking, Cook & Boardman release talk

By Sara Rosenberg

New York, Oct. 11 – ADT Inc. (Prime Security Services Borrower LLC) reduced the size of its term loan B and finalized the spread at the low end of guidance, and then the debt freed to trade on Wednesday with levels quoted above its original issue discount.

In more happenings, Evertec Inc. lowered pricing on its term loan B and added an incremental term loan A to its capital structure.

Also, BGIS, Minimax Viking and Cook & Boardman Group (Red Fox CD Acquisition Corp.) disclosed price talk with launch, and Action Holding BV (Peer Holding III BV/Peer USA LLC) joined this week’s primary calendar.


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