E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/15/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

OB Hospitalist frees up; RadNet, Nutrisystem, Priority, GMS, Tory Burch deal updates emerge

By Sara Rosenberg

New York, April 15 – OB Hospitalist Group’s incremental first-lien term loan made its way into the secondary market on Thursday, with levels quoted above its original issue discount.

Meanwhile, in the primary market, RadNet Management Inc. upsized its term loan B, finalized the spread and original issue discount at the narrow end of talk, added a pricing step-down and shortened the call protection, and Nutrisystem Inc. (KNS Acquisition Corp.) lifted the spread on its term loan B for a second time and firmed the issue price at the tight end of revised guidance.

Also, Priority Technology Holdings Inc. (Priority Holdings LLC) raised pricing on its term loan debt, increased the Libor floor and widened the original issue discount, and GMS Inc. (GYP Holdings III Corp.) scaled back the size of its first-lien term loan B and set the spread at the high side of guidance.

In addition, Tory Burch LLC firmed pricing on its first-lien term loan B at the wide end of talk, and Pacific Dental Services LLC accelerated the commitment deadline for its term loan B.

Furthermore, Cimpress plc, Conga (Apttus Corp.), Mitratech, Parts Authority (PAI Holdco Inc.) and Chromaflo (ASP Chromaflo Holdings LP) announced price talk with launch, and Cubic Corp. joined this week’s primary calendar.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.