Multiple loans break for trading; Caesars Growth, Asurion, World Kitchen, FLY update

By Sara Rosenberg

New York, April 21 – Micro Focus International plc set the issue price on its term loan B-2 at the tight end of revised talk and then the tranche and the company’s new seven-year term loan B debt made their way into the secondary market on Friday.

A number of other deals began trading during the session as well, including Tempo Acquisition LLC, First Data Corp., Varsity Brands Inc., A Wireless (LSF9 Atlantis Holdings LLC), Blucora Inc., Kemet Corp., Rhodia Acetow and Sutherland Global Services Inc.

Also, Nomad Foods Ltd. increased the size of its U.S. term loan B and updated pricing on the tranche, as well as on its euro term loan B, Dynagas LNG Partners (Arctic LNG Carriers Ltd.) finalized the spread on its term loan B at the high end of guidance, and KinderCare (Kuehg Corp.) firmed pricing on its term loan at the wide side of talk, and then these deals broke for trading too.

In more happenings, Caesars Growth Properties Holdings LLC trimmed pricing on its term loan debt, added a step-down and firmed the issue price at the tight side of talk, and Asurion LLC set the spread and issue price on its term loan B-5 at the tight end of guidance.

Additionally, World Kitchen (WKI Holding Co. Inc.) revised spread and original issue discount on its term loan B and FLY Leasing upsized its term loan B.

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