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Published on 4/17/2019 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Transact, AppLovin break; Vizient tweaks term loan B; Twin River floats price talk

By Sara Rosenberg

New York, April 17 – Transact (RCP Vega Inc.) reduced pricing on its term loan from recently revised talk before freeing up for trading on Wednesday, and AppLovin Corp.’s incremental first-lien term loan broke as well.

In more happenings, Vizient Inc. lowered the spread on its term loan B, added a leverage-based step-down and tightened the original issue discount.

Also, Twin River Management Group Inc. came out with price talk on its term loan in connection with its bank meeting, and API Technologies Corp. revealed timing and structure for its buyout financing credit facilities.


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