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Published on 9/28/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Azurity, Starwood break; Therma Holdings, NorthStar updates emerge; MDVIP, Jack accelerated

By Sara Rosenberg

New York, Sept. 28 – Azurity Pharmaceuticals Inc. reduced the size of its term loan, widened the spread and issue price, and sweetened the call protection before freeing up for trading, and Starwood Property Mortgage’s term loan debt hit the secondary market as well.

In more happenings, Therma Holdings LLC (Refficiency Holdings LLC) upsized its incremental term loans, and tightened the original issue discount on the funded incremental tranche, and NorthStar Group Services Inc. set the issue price on its incremental term loan at the tight end of guidance.

Also, MDVIP and Jack Entertainment LLC (Jack Ohio Finance LLC) accelerated the commitment deadlines for their loan transactions.

Additionally, Castlelake Aviation Ltd., ExamWorks, American Tire Distributors Inc., Specialty Building Products Holdings LLC, Oregon Tool, Conduent, Petmate, Loyalty Ventures Inc. (LoyaltyOne), IMA Financial Group and Lucky Bucks released price talk with launch.

Furthermore, Ali Group, Wrench Group LLC, Trade Me Group Ltd. (Titan Acquisitionco), Cloudmed and APi Group Inc. joined this week’s primary calendar.


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