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Published on 11/8/2023 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Thor Industries, Ineos Quattro, Howden Group changes surface; Fairbanks discloses talk

By Sara Rosenberg

New York, Nov. 8 – In the primary market on Wednesday, Thor Industries Inc. trimmed the spread on its U.S. and euro term loans and tightened the original issue discount on the U.S. tranche.

Also, Ineos Quattro downsized its U.S. and euro term loans and firmed the issue price on both tranches at the wide end of talk, and Howden Group Holdings Ltd. (Hyperion Refinance Sarl) increased the size of its add-on term loan and adjusted original issue discount guidance.

Furthermore, Fairbanks Morse Defense (Arcline FM Holding LLC) released price talk on its incremental first-lien term loan with its lender call, and NorthStar Group Services Inc. emerged with new deal plans.


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