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Published on 5/21/2019 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Lucid Energy frees up; Sirius Computer, Stats, IAA Spinco, Core & Main revisions emerge

By Sara Rosenberg

New York, May 21 – Lucid Energy Group II Borrower LLC increased the size of its term loan B-2 and finalized the original issue discount at the midpoint of guidance, and then the surfaced in the secondary market on Tuesday.

In more happenings, Sirius Computer Solutions Inc. set the spread on its term loan at the low end of talk, added a pricing a step-down and adjusted the issue price, and Stats LLC raised the spread on its first-lien term loan, widened original issue discount guidance and extended the call protection.

Also, IAA Spinco Inc. lowered pricing on its term loan B and revised the issue price, and Core & Main LP tightened the original issue discount on its add-on term loan B.

Furthermore, Victory Capital Holdings Inc., United Planet Fitness Partners (United PF Holdings LLC) and Smart & Final Grocery (Saffron Borrowco LLC) announced price talk with launch.


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