BellRing, Sophos, Schweitzer, BrightSpring, SCP break; Peraton, Infinite and more revised

By Sara Rosenberg

New York, Feb. 23 – BellRing Brands LLC set pricing on its first-lien term loan at the low end of talk and Sophos modified the issue price on its add-on term loan B, and then these deals freed to trade during Tuesday’s market hours.

Also, Schweitzer-Mauduit International Inc. firmed the spread and original issue discount on its term loan at the tight side of guidance before breaking for trading, and deals from BrightSpring Health Services (Phoenix Guarantor Inc.) and SCP Health (Onex TSG Intermediate Corp.) hit the secondary market as well.

In more happenings, Peraton trimmed the spread on term loan and changed the issue price, and Infinite Electronics (Infinite Bidco LLC) cut the spread on its second-lien term loan, and tightened the Libor floor and original issue discount on both its first-and second-lien term loans.

Furthermore, Petco Health and Wellness Co. Inc. increased the size of its first-lien term loan B, Hillman Group Inc. reduced pricing on its term loans and revised the original issue discount, and Applied Systems Inc. upsized its incremental first-lien term loan, lowered the Libor floor and added repricings of its existing first-and second-lien term loans.

Additionally, Novolex Holdings LLC set the original issue discount on its first-lien term loan (B2/B), DiversiTech Holdings Inc. upsized its add-on first-lien term loan and revised the original issue discount, and Storable Inc. (EQT Box Merger Sub Inc.) accelerated the commitment deadline.

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