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Published on 9/12/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Gopher breaks; Sedgwick up on buyout announcement; Ensono, American Airlines update deals

By Sara Rosenberg

New York, Sept. 12 – Gopher Resource LLC’s incremental first-lien term loan freed up for trading on Wednesday above its issue price, and Sedgwick’s first-lien term loan B inched higher with news of a buyout by the Carlyle Group.

Moving to the primary market, Ensono LP came to market with an add-on term loan and then increased the size of the transaction, American Airlines Inc. modified the original issue discount on its add-on term loan, and Refinitiv accelerated the commitment deadline on it credit facilities.

Also, Contura Energy Inc., Restaurant Technologies Inc., Lotus Midstream, Flexera Software LLC and PCI Pharma Services (Packaging Coordinators Midco Inc.) released price talk with launch, and Blount International surfaced with new deal plans.


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