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Published on 3/14/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Valeant, Arctic Glacier, Camping World, Navico free to trade; Horizon Pharma terms surface

By Sara Rosenberg

New York, March 14 – Valeant Pharmaceuticals International Inc.’s incremental series F-3 term loan B made its way into the secondary market on Tuesday above its issue price, and Arctic Glacier LLC and Camping World Good Sam began trading as well.

In addition, Navico lifted the spread on its term loan B, widened the original issue discount, extended the call protection, shortened the maturity and increased amortization before freeing up for trading during the session.

Also, Horizon Pharma Inc. released details on its loans transaction with launch, and Associated Asphalt Partners LLC, United Airlines Inc. and Dole Food Co. Inc. emerged with new deal plans.


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