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 8/13/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Hoffmaster breaks; Veritext, SunSource changes surface; Vantage Specialty discloses guidance

By Sara Rosenberg

New York, Aug. 13 – Hoffmaster Group Inc.’s incremental term loan B made its way into the secondary market on Monday, with levels quoted above its original issue discount.

Meanwhile, in the primary market, Veritext Corp. upsized its delayed-draw first-lien term loan, lowered pricing on its second-lien term loan and modified original issue discounts on its first-and second-lien tranches.

Also, SunSource Holdings Inc. raised pricing on its incremental first-lien term loan and is increasing the spread on its existing first-lien term loan, and Vantage Specialty Chemicals Holdings Inc. released price talk on its add-on term loan B with launch.


© 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.