Nascar, AmWINS break; Refinitiv strengthens; Ineos changes emerge; Knowlton revises deadline

By Sara Rosenberg

New York, July 26 – Nascar Holdings Inc.’s term loan began trading on Friday, with levels quoted above its original issue discount, and AmWINS Group LLC’s incremental first-lien term loan freed up after the original issue discount was tightened.

Also in the secondary market, Refinitiv’s term loan headed higher with rumors of a potential combination with the London Stock Exchange Group.

In more happenings, Ineos Enterprises shifted some funds between its term loans, raised pricing on its U.S. and euro term B tranches and set the issue price at the wide end of guidance, increased the Libor floor on the U.S. piece and made a number of changes to documentation.

Furthermore, Knowlton Development Corp. accelerated the commitment deadline for its incremental first-lien term loan, and WestJet Airlines Ltd. joined the near-term primary calendar.

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