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Published on 12/13/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Bettcher, Mega, Tosca break; Madison, Circor, RealPage, Ensono, Liquid, Plaskolite revised

By Sara Rosenberg

New York, Dec. 13 – Bettcher Industries Inc. trimmed pricing on its first-lien term loan and firmed the spread on its second-lien term loan at the narrow side of talk, Mega Broadband Investments LLC finalized the original issue discount on its incremental term loan B at the tight end of guidance, and Tosca Services LLC upsized its incremental first-lien term loan and revised the issue price, and then these deals freed to trade on Monday.

In more happenings, Madison Safety & Flow shifted some funds between its first- and second-lien term loans, firmed spreads at the low side of guidance and changed original issue discounts, and Circor International Inc. set the spread on its term loan at the low end of talk and tightened the issue price.

Also, RealPage Inc. modified the original issue discount on its incremental first-lien term loan, Ensono Holdings LLC upsized its add-on first-lien term loan B and updated issue price guidance, Liquid Tech Solutions LLC increased the size of its add-on first-lien term loan, and Plaskolite LLC downsized its incremental first-lien term loan and reduced pricing.

Furthermore, WCG Purchaser Corp. moved up the commitment deadline for its incremental first-lien term loan, and ConvergeOne Holdings Inc. changed the commitment deadline for its incremental first-lien term loan.


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