New Fortress, XPO, Chromaflo break; SS&C gains; Power Solutions, TruGreen revised

By Sara Rosenberg

New York, March 14 – New Fortress Energy (NFE Atlantic Holdings LLC) adjusted the Libor floor and call protection on its term loan B before freeing up for trading on Thursday, and deals from XPO Logistics Inc. and Chromaflo Technologies broke as well.

In other happenings, SS&C Technologies Holdings Inc.’s bank debt headed higher in the secondary market following news of a planned loan pay down.

Back in the primary market, Power Solutions (Panther BF Aggregator 2 LP) upsized its U.S. term loan B while setting the spread at the low end of revised talk, and reduced pricing on its euro term loan B, and TruGreen LP lowered pricing on its term loan B.

Also, Travelport Worldwide Ltd. adjusted spread and original issue discount guidance on its first-lien term loan, and set pricing on its second-lien term loan at the wide end of talk, and Sorenson Communications LLC increased the size of its term loan and modified the issue price.

Furthermore, Ascensus Inc. firmed the original issue discount on its incremental first-lien term loan at the tight side of guidance, and Datto Inc. and Quick Base disclosed price talk on their new loan transactions with launch.

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