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Published on 2/2/2023 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Bowlero, American Greetings free to trade; Indicor, First Brands revisions surface

By Sara Rosenberg

New York, Feb. 2 – Bowlero Corp.’s term loan B made its way into the secondary market on Thursday, with levels quoted above its original issue discount, and American Greetings Corp.’s first-lien term loan broke as well.

Meanwhile, in the primary market, Indicor (Roper Industrial Products Investment Co. LLC) modified price talk on its U.S. and euro first-lien term loans and tightened original issue discount guidance on both tranches, and First Brands Group LLC increased the size of its incremental first-lien term loan.

Also, Inspire Brands Inc. (IRB Holdings Corp.) and United Talent Agency released price talk on their loan transactions in connection with lender calls, and Ineos Group Holdings joined this week’s primary calendar.


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