E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/7/2019 in the Prospect News CLO Daily and Prospect News High Yield Daily.

CommScope, P.F. Chang’s, CSC break; athenahealth, Cole Haan updated; Brooks accelerated

By Sara Rosenberg

New York, Feb. 7 – CommScope Inc. reduced the size of its term loan B, finalized pricing at the low end of guidance and revised the issue price, and then the debt broke for trading on Thursday above its original issue discount.

Also, P.F. Chang’s China Bistro Inc. (PFC Acquisition Corp.) cut pricing on its term loan, added a step-down and modified the original issue discount, and CSC Holdings LLC set the spread on its term loan at the low end of revised guidance, and then both of these deals freed to trade as well.

In more happenings, athenahealth Inc. firmed the spread on its first-lien term loan B at the tight side of talk and extended the call protection, and Cole Haan tightened the spread and issue price on its term loan.

Furthermore, Brooks Automation Inc. accelerated the commitment deadline on its term loan B, and Institutional Shareholder Services Inc. (ISS) joined the near-term primary calendar.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.