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Published on 3/20/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

On Semiconductor, Visteon, Avast, Big Jack’s free up; Greektown Holdings outlines changes

By Sara Rosenberg

New York, March 20 – ON Semiconductor Corp.’s term loan B emerged in the secondary market on Monday above its issue price, and deals from Visteon Corp., Avast Software and Big Jack’s Holdings LP (Jack’s Family Restaurant) began trading as well.

Moving to the primary market, Greektown Holdings LLC increased the size of its term loan B, reduced pricing, added a step-down and tightened the original issue discount.

Also, Chemours Co., NPC International Inc., Lantheus Medical Imaging Inc. and B&G Foods Inc. released price talk with launch.

In addition, Caesars Entertainment Operating Co. LLC, Eastern Power LLC, Floor & Décor Outlets of America Inc. and Crestwood Holdings LLC joined this week’s primary calendar.


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