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Gates Global, AssuredPartners break; Spirit AeroSystems, Howden term loans trade higher
By Sara Rosenberg
New York, Nov. 9 – Gates Global lowered the spread on its term loan B and tightened the original issue discount, and AssuredPartners Inc. launched an incremental term loan B in the morning and modified the issue price in the afternoon, and then both of these deals broke for trading on Wednesday.
Additionally, Spirit AeroSystems Inc.’s term loan B headed higher in the secondary market from its recent break levels and Howden’s term loan strengthened following news that the company is being acquired by Chart Industries Inc.
In more happenings, DXP Enterprises Inc. came to market with an incremental term loan B and an amendment to its existing term loan B.
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