Wheel Pros, Beacon, Liberty Tire, Kissner, U.S. Renal, Resonetics break, ImageFirst revised

By Sara Rosenberg

New York, April 23 – Wheel Pros Inc. set the spread on its first-lien term loan at the low end of guidance and Beacon Roofing Supply Inc. finalized pricing on its term loan B at the high side of talk, and then these deals surfaced in the secondary market on Friday.

Also, before freeing up for trading, Liberty Tire Recycling (LTR Intermediate Holdings Inc.) finalized pricing on its first-lien term loan B at the high end of guidance and removed a leverage-based step-down, and Kissner (SCIH Salt Holdings Inc.) set the issue price on its first-lien term loan B repricing at the wide end of talk.

Additionally, U.S. Renal Care Inc. increased the size of its incremental term loan B, firmed the spread at the low end of talk and then broke during the session, and Resonetics LLC’s bank debt began trading as well.

In other news, ImageFirst Holdings LLC upsized its funded first-lien term loan, tightened the original issue discount on its funded and delayed-draw loans, and revised the delayed-draw ticking fees.

Furthermore, Press Ganey (Azalea TopCo Inc.) accelerated the commitment deadline for its incremental first-lien term loan B, and Cable One Inc. and Ahead DB Holdings LLC joined the near-term primary calendar.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.