E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/3/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Value-Based Care Solutions frees to trade; MeridianLink first-lien loan wraps around par

By Sara Rosenberg

New York, July 3 – Value-Based Care Solutions’ credit facilities surfaced in the secondary market on Tuesday, and the first-lien term loan B was quoted above its original issue discount, and trading levels emerged on MeridianLink Inc./CRIF Lending Solutions’ recently allocated transaction.

Switching to the primary market, SimpliSafe Inc. joined next week’s new issue calendar.

Its $315 million seven-year covenant-light first-lien term loan (B2/B/BB) was quoted at 99¾ bid, par ¼ offered on Tuesday after allocating during the previous session, a trader said.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.