BRP frees up; Caesars, VICI levels change with acquisition news; Cypress tweaks deadline

By Sara Rosenberg

New York, June 24 – BRP Inc. finalized the original issue discount on its incremental term loan B-2 at the wide end of guidance and then the debt made its way into the secondary market on Monday.

Also in trading, Caesars Entertainment Corp. and VICI Properties Inc. saw their term loans move around with news that Eldorado Resorts Inc. is buying Caesars and VICI is purchasing some land and real estate assets in connection with that transaction.

Back in the primary market, Cypress Performance Group (Encapsys LLC) accelerated the commitment deadline for its incremental term loan.

Furthermore, PHI Inc. and Red Ventures LLC came to market with term loans, and Anchor Packaging LLC joined this week’s primary calendar.

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