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Published on 5/2/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

EMI breaks; APC, Acrisure revised; Charter NEX, Mortgage Contracting, Insight Global launch

By Sara Rosenberg

New York, May 2 – EMI Music Publishing Group North America Holdings Inc.’s first-lien term loan made its way into the secondary market on Tuesday with the debt seen trading above its issue price.

Switching over to the primary market, APC Aftermarket widened the spread and original issue discount on its first-lien term loan, and Acrisure LLC increased the size of its add-on first-lien term loan and firmed pricing at the low end of guidance.

In addition, Charter NEX US Inc., Mortgage Contracting Services and Insight Global (IG Investments Holdings LLC) released price talk with launch, and Doosan Bobcat Inc. (Clark Equipment Co.) surfaced with new deal plans.


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