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Published on 6/25/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

DMT Solutions breaks; Dhanani Group, Invenergy Thermal, Focus Financial tweak deals

By Sara Rosenberg

New York, June 25 – DMT Solutions Global Corp.’s term loan made its way into the secondary market during Monday’s session, and the debt was seen quoted above its original issue discount.

Moving to the primary market, Dhanani Group Inc. raised pricing on its term loan B and widened the issue price, and Invenergy Thermal Operating I LLC lowered the spread on its term loan, added a step-down and revised the original issue discount.

Also, Focus Financial Partners LLC canceled plans for a delayed-draw term loan and opted for a larger revolver, and Mitel Networks Corp. and World Triathlon Corp. joined this week’s primary calendar.


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