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Published on 10/7/2020 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Infoblox breaks; Ahead DB, American Residential reworked; Alliant, Bumble accelerated

By Sara Rosenberg

New York, Oct. 7 – Infoblox Inc. (Delta Topco Inc.) lowered spreads and updated original issue discounts on its first-and second-lien term loans, and the debt then made its way into the secondary market late in Wednesday’s session.

In other news, Ahead DB Holdings reduced the size of its first-lien term loan and added a bond offering to its capital structure, and American Residential Services LLC trimmed pricing on its first-lien term loan B and adjusted the original issue discount.

Also, Alliant Holdings Intermediate LLC accelerated the commitment deadline for its credit facilities and the consent deadline for its amendment request, and Bumble (Buzz Finco LLC) moved up the commitment deadline for its incremental term loan B.

Furthermore, Rough Country and APi Group Inc. released price talk with launch, and 1-800 Contacts Inc. (CNT Holdings I Corp.), Team Services Group and Russell Investment Management LLC joined this week’s primary calendar.


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