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Published on 12/15/2023 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Castlelake, Playa, Davis, WireCo, Aspire, TouchTunes break; Medallion, Amynta revised

By Sara Rosenberg

New York, Dec. 15 – Castlelake Aviation set the issue price on its first-lien term loan B at the tight end of guidance, Playa Hotels & Resorts firmed the spread on its term loan B at the low end of talk and added a leverage-based step-up, and Davis-Standard LLC (DS Parent Inc.) upsized its term loan B and finalized the original issue discount at the wide end of revised talk, and then these deals freed to trade on Friday.

Also, before breaking for trading, WireCo WorldGroup Inc. set the issue price on its term loan B at the tight end of guidance, Aspire Bakeries Holdings LLC trimmed the spread on its first-lien term loan and modified the issue price, and Nemera finalized the original issue discount on its euro term loan B at the tight end of revised talk.

Another deal to make its way into the secondary market during the session was TouchTunes’ (TA TT Buyer LLC) incremental first-lien term loan.

In more happenings, Medallion Midland Acquisition LP increased the size of its first-lien term loan, and Amynta upsized its term loan and trimmed the spread.


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