Virtu, Fiserv, RBmedia, Zotec, GVC break; Allegiant, Cole-Parmer, APX/Vivint updated

By Sara Rosenberg

New York, Feb. 10 – Virtu Financial LLC (VFH Parent LLC) modified the issue price on its $1.925 billion first-lien term loan (Ba3/B+/BB-) due March 2026 to 99.875 for new lenders and to par with a 12.5 bps consent fee for existing lenders from 99.75 before freeing up for trading on Monday.

As before, the term loan is priced at Libor plus 300 basis points with no step-down and a 0% Libor floor, and has 101 soft call protection for six months.

The term loan broke for trading with levels quoted at par bid, par 3/8 offered.

Deals from Fiserv Investment Solutions Inc., RBmedia, Zotec Partners and GVC Holdings emerged in the secondary market as well.

In more happenings, Allegiant Travel Co. firmed the issue price on its incremental first-lien term loan B at the narrow side of talk, Cole-Parmer Instrument Co. LLC set the issue price on its incremental term loan at the tight end of guidance, and APX/Vivint reduced the size of its term loan and widened price talk.

Also, Astra, Meredith Corp., Wastequip LLC (Patriot Container Corp.) and Plastipak Holdings Inc. released price talk with launch, and Thryv Inc., American Express Global Business Travel and Circor International Inc. joined this week’s primary calendar.

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