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Published on 9/26/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Air Medical Group, PharMerica, Authentic Brands, Cast & Crew, Trilliant Food free to trade

By Sara Rosenberg

New York, Sept. 26 – Air Medical Group Holdings Inc. firmed pricing on its incremental term loan at the low end of talk and adjusted the issue price, and PharMerica Corp. tightened spreads and original issue discounts on its first-and second-lien term loans, and then both of these deals began trading on Tuesday.

Also, Authentic Brands Group moved some funds between its first- and second-lien term loans and adjusted pricing before hitting the secondary market, and Cast & Crew Entertainment Services LLC and Trilliant Food & Nutrition broke as well.

In addition, Education Advisory Board finalized the spread on its first-lien term loan at the high side of talk, Corsair upsized its first-lien term loan and firmed pricing at the wide end of talk, and downsized its second-lien term loan, Ultra Petroleum Corp. set the original issue discount on its incremental term loan B at the tight end of guidance, and Covenant Surgical Partners Inc. accelerated the commitment deadline on its credit facilities.

Furthermore, Red Ventures, Duff & Phelps Corp., CPA Global (Capri Acquisitions Bidco Ltd.), ThoughtWorks Inc., Lighthouse Network LLC and U.S. Lumber Group LLC released talk with launch, and Camping World Good Sam, Riverstone Utopia Member LLC and Versum Materials LLC surfaced with new deal plans.


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