Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers V > Headlines for Vivid Seats LLC > News item |
Avantor breaks; Landry’s, Versum Materials, LANDesk, SIG Combibloc, Windstream update deals
By Sara Rosenberg
New York, Sept. 19 – Avantor Performance Materials saw its credit facility make its way into the secondary market on Monday, with the strip of incremental and delayed-draw term loan debt quoted above their original issue discount.
Avantor Performance Materials’ $665 million incremental first-lien term loan due 2022 and $170 million delayed-draw first-lien term loan due 2022 were quoted at par bid, 100˝ offered, according to a market source.
Moving to the primary market, Landry’s Inc. modified the original issue discount on its term loan, Versum Materials LLC trimmed the spread on its term loan B, and LANDesk Software shifted some funds to its first-lien term loan from its second-lien term loan.
Also, SIG Combibloc (Onex Wizard US Acquisition Inc./SIG Combibloc Purchase Co. Sarl) extended the call protection on its term loans, and Windstream Services LLC increased the size of its term loan B-6 while tightening the spread and issue price.
Furthermore, OrthoLite, Nielsen Finance LLC, Multi Packaging Solutions International Ltd. and Misys released price talk with launch.
Additionally, Focus Brands Inc., ON Semiconductor Corp., Vertiv (Cortes NP Acquisition Corp.), Mohegan Tribal Gaming Authority, Fort Dearborn Co. (Fortress Merger Sub Inc.), Jo-Ann Stores Inc., Confie Seguros Holdings II Co. and Vivid Seats LLC joined this week’s new issue 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.