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Published on 6/2/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

System One breaks; Sovos, Solera revised; Heartland, Dole, EverCommerce, Interior set talk

By Sara Rosenberg

New York, June 2 – System One Holdings LLC’s add-on term loan B made its way into the secondary market on Wednesday, with levels quoted above its issue price.

Meanwhile, in the primary market, Sovos Brands Intermediate Inc. lowered the spread on its first-lien term loan and modified the original issue discount, and Solera updated price talk on its term loans.

Also, Heartland Dental LLC, Dole plc, EverCommerce Inc., Interior Logic Group (Signal Parent Inc.), Boyd Corp. (LTI Holdings Inc.) and ERM released price talk with launch.

Furthermore, Osmose Utilities Services, Madison IAQ, Fairbanks Morse Defense (Arcline FM Holding LLC), Prestige Brands Inc. and Nuvei Corp. joined this week’s calendar.


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