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Published on 6/27/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Idera, Filtration Group, Ivanti, Belmond, Sterling break; Exela, Horseshoe Baltimore revised

By Sara Rosenberg

New York, June 27 – Idera moved some funds between its first-and second-lien term loans and firmed spreads at the high end of guidance, and Filtration Group Corp. set pricing on its term loan at the wide end of talk and extended the call protection, and then both of these deals freed up for trading on Tuesday.

Also, Ivanti Software Inc. upsized its incremental term loan B and firmed the issue price at the wide side of talk before hitting the secondary market, and deals from Belmond Interfin Ltd. and Sterling Talent Solutions broke as well.

In more happenings, Exela Technologies reduced the size of its term loan B, widened the spread and original issue discount, and extended the call protection, Horseshoe Baltimore (CBAC Gaming LLC) lifted pricing on its term loan, added a step-down and sweetened the call premium, and DexKo Global Inc. and Archroma disclosed price talk with launch.


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