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Published on 1/26/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

IXS, First Advantage, KIK break; System One revised; Endurance, RV, MHS, symplr accelerated

By Sara Rosenberg

New York, Jan. 26 – Innovative XCessories & Services LLC (IXS Holding Inc.) lowered the spread on its first-lien term loan and First Advantage firmed the issue price on the repricing of its existing term loan at the tight end of talk, and then both of these deals broke for trading on Tuesday.

Another deal to make its way into the secondary market during the session was KIK Consumer Products’ (Kronos Acquisition Holdings Inc.) first-lien term loan B.

Meanwhile, in other happenings, System One Holdings LLC increased the size of its term loan B, reduced the spread and adjusted the original issue discount, and Epicor Software Corp. finalized pricing on its first-lien term loan B at the low end of guidance.

Also, Endurance International Group Holdings Inc., RV Retailer, MHS Holdings Inc. and symplr Software Inc. moved up the commitment deadlines for their term loan transactions.

Additionally, Rackspace Technology Global Inc., Rent-A-Center Inc., United Natural Foods Inc., Zelis, Janus International Group, RBmedia, Time Manufacturing Co., Idera Inc., Navitas Midstream Midland Basin LLC, IntraFi Network LLC (Nexus Buyer LLC) and Pathway Vet Alliance LLC released price talk with launch.

Furthermore, Everi Payments Inc., Guidehouse, ION Analytics and Advisor Group Holdings Inc. hopped onto this week’s primary calendar.


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