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Published on 12/3/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

XO Management changes surface; Berlin Packaging deadline, Pure Fishing meeting date moved

By Sara Rosenberg

New York, Dec. 3 – In the primary market on Monday, XO Management Holding (Xojet) reduced the size of its term loan B, raised the spread, widened original issue discount talk and sweetened the call protection.

Also, due to the National Day of Mourning on Wednesday for President George H.W. Bush, Berlin Packaging LLC moved up the commitment deadline for its incremental first-lien term loan and Pure Fishing revised the bank meeting date for its first-lien credit facilities.

In more happenings, Equitrans Midstream Corp. and CPV Shore Holdings LLC released price talk on their term loans, Bojangles’ Inc. came out with tranching on its credit facilities ahead of its launch, and Par Pacific joined this week’s primary calendar.


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