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Published on 9/29/2020 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Netsmart frees up; Spirit tweaks deal; White Cap, Infoblox, WCG Purchaser set price talk

By Sara Rosenberg

New York, Sept. 29 – Netsmart Technologies Inc. set the spread on its term loan B at the low end of talk, added a leverage-based step-down and tightened the original issue discount on Tuesday morning, and then the debt made its way into the secondary market in the afternoon.

In more happenings, Spirit AeroSystems Holdings Inc. modified the issue price on tis term loan B, and White Cap (AppleCaramel Buyer LLC), Infoblox Inc. (Delta Topco Inc.) and WCG Purchaser Corp. (Wesins) released price talk with launch. Furthermore, Wheelabrator Technologies Inc. (Granite Acquisition Inc.), Genesys and Oxbow Carbon surfaced with new deal plans.


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