2U breaks; IntraFi inches higher with general market; WHP Global launches, sets talk

By Sara Rosenberg

New York, Jan. 9 – 2U Inc. saw its term loan B free up for trading during Monday’s market hours, with levels quoted above its original issue discount, IntraFi Network LLC’s (Nexus Buyer LLC) first-lien term loan B was higher as the company launched an amendment, but the move may have been more market related as the secondary in general was stronger, and Nuvei Corp.’s term loan held steady following news that the company is acquiring Paya Holdings Inc.

Meanwhile, in the primary market, WHP Global (WH Borrower LLC) came to market in the morning with a first-lien term loan B and is looking for a quick turnaround as commitments are due midweek, and RelaDyne Inc. and Ciena Corp. joined this week’s new issue calendar.

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