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Stetson Midstream, Sivantos, WorldStrides break; Valtris reworked; United Site accelerated
By Sara Rosenberg
New York, July 24 – Stetson Midstream finalized the spread on its term loan B at the low end of revised talk and extended the call protection before freeing up for trading on Tuesday, and deals from Sivantos Group (Auris Luxembourg III Sarl) and WorldStrides hit the secondary market too.
In more happenings, Valtris Specialty Chemicals (Polymer Additives Inc.) upsized its first-lien term loan, removed the second-lien term loan from the capital structure, and widened the spread and issue price on the first-lien debt, and United Site Services (USS Ultimate Holdings Inc.) accelerated the commitment deadline on its incremental term loans.
Furthermore, Global Business Travel Holdings Ltd. (Amex GBT) released price talk on its term loan B with launch, and Verifone Systems Inc., AppLovin Corp., Advisor Group Inc., Cetera Financial Group, AIS HoldCo LLC (Affinion Insurance Solutions) and Marriott Vacations Worldwide Corp. joined the near-term calendar.
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