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Published on 8/8/2022 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Terra Millennium breaks; Corporation Service changes emerge; M6 Midstream, Pike set talk

By Sara Rosenberg

New York, Aug. 8 – Terra Millennium Corp.’s funded and delayed-draw first-lien term loans made their way into the secondary market on Monday, with the strip of debt bid in line with the original issue discount.

Switching to the primary market, Corporation Service Co. (CSC) lowered price talk on its term loan B and modified the original issue discount.

Also, M6 Midstream (M6 ETX Holdings II MidCo LLC) and Pike Corp. released price talk on their term loans with launch, and Chefs’ Warehouse Inc. (Dairyland USA Corp.) joined this week’s new issue calendar.


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