Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers F > Headlines for FR BR Holdings > News item |
GPS term loan frees to trade atop OID; Tecta America, Safe Fleet deal revisions surface
By Sara Rosenberg
New York, Nov. 27 – GPS Hospitality saw its credit facilities hit the secondary market on Tuesday, with the term loan B quoted above its original issue discount.
Meanwhile, in the primary market, Tecta America Corp. sweetened the spread, original issue discount and call protection on its first-lien term loan and eliminated the second-lien term loan from its proposed capital structure.
Furthermore, Safe Fleet Holdings LLC widened the spread and issue price on its term loan, added call protection and reworked the debt to be a stand-alone piece instead of a fungible add-on tranche, and Sorenson Holdings LLC pulled its term loan from market.
Also, Plaskolite LLC, Knowlton Development Corp., FR BR Holdings, Elo Touch Solutions and Apollo Infrastructure Equity Portfolio released price talk with launch, and Latham Pool Products Inc. and Priority Payment Systems are getting ready to bring new deals to market.
© 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.