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Published on 5/24/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

CityMD, CommScope, eviCore, KAR, Montreign break; TRC, Zodiac, American Traffic revised

By Sara Rosenberg

New York, May 24 – CityMD’s credit facilities began trading during Wednesday’s market hours, with the first-lien term loan quoted above its original issue discount, and deals from CommScope Inc., eviCore and KAR Auction Services Inc. broke too.

In addition, Montreign Operating Co. LLC firmed the original issue discount on its incremental term loan B at the tight end of guidance, and then it too freed to trade.

Also, TRC Cos. Inc. increased the size of its term loan, trimmed the spread and tightened the issue price, and reduced pricing on its revolver as well, Zodiac Pool Solutions LLC increased pricing on its first-lien term loan repricing proposal, and American Traffic Solutions upsized its second-lien term loan.

Furthermore, Plasman Group released price talk on its term loan with launch, International Seaways Inc. came out with new deal plans and Medical Solutions surfaced with timing on the bank meeting for its credit facilities.


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