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Published on 2/8/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Resideo breaks; AppLovin, Time Manufacturing revised; Ensemble, Ontic move deadlines

By Sara Rosenberg

New York, Feb. 8 – Resideo Technologies Inc. lowered pricing on its term loan B and adjusted the original issue discount, and then the debt made its way into the secondary market on Monday.

In other news, AppLovin Corp. tightened the spread and issue price on its add-on term loan and added a repricing of an existing term loan tranche to the mix, and Time Manufacturing Co. increased the size of its incremental term loan and modified the original issue discount.

Also, Ensemble Health and Ontic (Bleriot US Bidco Inc.) accelerated the commitment deadlines for their term loan transactions.

Furthermore, American Trailer Works, AmWINS Group Inc., Enterprise Development Authority, SCP Health (Onex TSG Intermediate Corp.), Dell Technologies and GrafTech Finance Inc. revealed price talk with launch.

Additionally, Domtar Personal Care, National Mentor, Ravago Holdings America Inc., Asplundh Tree Expert LLC, Ivanti Software Inc., Peraton, Bombardier Recreational Products Inc., DRW Holdings LLC, Precision Medicine Group LLC and ADS Tactical Inc. joined this week’s primary calendar.


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