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Published on 6/4/2019 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Idera breaks; Distribution tweaked; CoreCivic, Compuware, Unifrax, McAfee float talk

By Sara Rosenberg

New York, June 4 – Idera Inc. firmed the original issue discount on its add-on first-lien term loan at the tight side of guidance, canceled plans for an extension of its existing first-lien term loan and amendment to lower the Libor floor, and freed the add-on term loan for trading on Tuesday.

In more happenings, Distribution International raised the spread on its amended and extended first-lien term loan and modified the call protection.

Also, CoreCivic Inc., Compuware Corp., Unifrax (ASP Unifrax Holdings Inc.) and McAfee LLC revealed price talk with launch, and Circa Resort & Casino (18 Fremont Street Acquisition LLC) and Kindred At Home (Gentiva Health Services Inc.) emerged with new deal plans.


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