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Published on 8/14/2019 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Franklin Energy, Shields Health Solutions, US Ecology free up; US Foods revises timing

By Sara Rosenberg

New York, Aug. 14 – Franklin Energy Group firmed the spread on its first-lien term loan at the low end of guidance and Shields Health Solutions Holdings LLC set pricing on its first-lien term loan at the high side of talk, and then both of these deals freed up for trading on Wednesday.

Also, US Ecology Inc.’s term loan B made its way into the secondary market during the session and was trading well above its original issue discount.

And, in more happenings, US Foods Holding Corp. moved up the commitment deadline for its term loan B.


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