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Published on 5/3/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Garda World, Restaurant Brands break; Doosan, Petmate, Hostess, BayClub come to market

By Sara Rosenberg

New York, May 3 – Garda World Security Corp.’ credit facilities allocated and freed up for trading on Wednesday, with the U.S. term loan B quoted above its original issue discount.

Also, Restaurant Brands International Inc. approached lenders with an add-on term loan, downsized the deal and tightened the original issue discount and then broke for trading above that issue price.

Also, Doosan Bobcat Inc. (Clark Equipment Co.), Petmate, Hostess Brands LLC and BayClub disclosed price talk with launch, and Macom Technology Solutions Holdings Inc. emerged with new deal plans.


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