Utz, Warner Music break; ICP, Iridium, CityMD revise deals; nThrive TSG tweaks deadline

By Sara Rosenberg

New York, Jan. 13 – Utz Brands Inc. finalized the original issue discount on its term loan B at the tight end of revised talk before freeing up for trading on Wednesday, and Warner Music Group’s (WMG Acquisition Corp.) first-lien term loan made its way into the secondary market as well.

In other news, ICP Group lowered pricing and adjusted original issue discounts on its first- and second-lien term loans, and Iridium Satellite LLC set the spread on its term loan B at the low end of guidance and modified the issue price.

Also, CityMD (WP CityMD Bidco LLC) reduced pricing on its first-lien term loan, and nThrive TSG (MedAssets Software Intermediate Holdings Inc.) accelerated the commitment deadline for its first-lien term loan B.

Furthermore, Careismatic Brands and System One Holdings LLC announced price talk with launch, and Murphy USA Inc., Vestcom Parent Holdings Inc., First Advantage and Option Care Health Inc. joined this week’s primary calendar.

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