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Published on 3/21/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Capital Automotive, Greektown, Advanced Integration break; Spectrum, Ventia updates emerge

By Sara Rosenberg

New York, March 21 – Capital Automotive LP’s credit facility hit the secondary market on Tuesday, with the first- and second-lien term loans quoted above their original issue discounts, and Greektown Holdings LLC and Advanced Integration Technology LP started trading too.

Moving to the primary market, Spectrum Brands Inc. set the spread on its term loan B at the low end of guidance, and Ventia Finco Pty Ltd. finalized pricing on its U.S. term loan at the tight side of talk.

Also, Caesars Entertainment Operating Co. LLC, Eastern Power LLC, Unifrax, Crestwood Holdings LLC, Installed Building Products Inc., Floor & Decor Outlets of America Inc., LA Fitness (Fitness International LLC) and Chobani LLC disclosed price talk with launch.

Furthermore, DigiCert Inc. and Sterigenics-Nordion Holdings LLC surfaced with new deal plans.


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