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Published on 3/15/2022 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Avis frees to trade; Belfor updates surface; Skillsoft, Tank, Century Casinos release talk

By Sara Rosenberg

New York, March 15 – Avis Budget Group Inc. widened the spread, floor and original issue discount on its term loan C and then the debt made its way into the secondary market on Tuesday.

Also, Belfor Holdings Inc. reduced the size of its incremental first-lien term loan B, revised pricing, floor and issue price, added call protection and shifted to a non-fungible structure.

In addition, Skillsoft Corp. and Tank Holding Corp. announced pricing guidance on their loan transactions with launch, Century Casinos Inc. released price talk on its term loan B ahead of its lender call, and SS&C Technologies Holdings Inc. joined this week’s new issue calendar.


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