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Savage Enterprises frees up above OID; MeridianLink/CRIF reworks first-lien loan terms
By Sara Rosenberg
New York, July 2 – Savage Enterprises LLC saw its term loan B surface in the secondary market during Monday’s market hours, and the debt was trading above its original issue discount.
Meanwhile, in the primary market, MeridianLink Inc./CRIF Lending Solutions raised the spread on its first-lien term loan, added a pricing step-down and extended the call protection, Infinite Electronics Inc. reduced the Libor floor on its first-lien term loan, and Stetson Midstream joined the near-term primary calendar.
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