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 1/19/2024 in the Prospect News CLO Daily and Prospect News High Yield Daily.

HUB, Calpine, Crocs, Solenis, Autokiniton, Chamberlain, Cross, Warner, Kenan and more break

By Sara Rosenberg

New York, Jan. 19 – HUB International trimmed the spread on its term loan B and widened the issue price, Calpine Corp. finalized the original issue discounts on its term loan B-5 and term loan B-10, Crocs Inc. set the spread on term loan B at the low end of talk, and Solenis firmed the issue price on its term loan B at the tight end of talk, and then these deals freed to trade on Friday.

Also, before breaking for trading, Autokiniton US Holdings Inc. set pricing on its term loan B at the low side of guidance, Chamberlain Group LLC (Chariot Buyer LLC) upsized its incremental term loan B, firmed pricing at the low end of talk, added a step-down and modified the issue price, Cross Financial cut pricing on its term loan B, and Warner Music Group (WMG Acquisition Corp.) revised the original issue discount on its term loan B.

Some other deals that made their way into the secondary market during the session included Kenan Advantage Group Inc., Westinghouse (WEC US Holdings Ltd.) and Insulet Corp.


© 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.