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Published on 3/7/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Flora, SolarWinds, Learning Care break; American Rock, Gateway, ExamWorks changes surface

By Sara Rosenberg

New York, March 7 – The secondary market saw a couple of deals free up for trading during Wednesday’s market hours, including Flora Food Group (currently Unilever’s spreads business), SolarWinds Inc. and Learning Care Group Inc.

Shifting to the primary market, American Rock Salt Co. LLC firmed pricing on its first-lien term loan at the low end of guidance and added a step-down, Gateway Casinos & Entertainment Ltd. upsized its term loan B, lowered the spread, added a step-down and tightened the original issue discount, and ExamWorks Group Inc. modified the issue price on its incremental first-lien term B.

Also, Hyland Software Inc. moved up the commitment deadline on its incremental term loans, and Prince, Omnitracs LLC and Carlisle FoodService Products released price talk with launch.

Additionally, Husky Injection Molding Systems (Titan Acquisition Ltd.), CareCentrix Holdings Inc., Focus Financial Partners LLC, Hudson River Trading LLC, Four Seasons Hotels and Resorts and Global Payments Inc. joined this week’s primary calendar.


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