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1-800 Contacts frees up; Filtration Group, Mega Broadband, Ascend Learning changes emerge
By Sara Rosenberg
New York, Oct. 16 – 1-800 Contacts Inc. (CNT Holdings I Corp.) increased the size of its first-lien term loan and firmed pricing at the low end of talk, and decreased the size of its second-lien term loan while tightening pricing on the tranche, before breaking for trading on Friday.
In other news, Filtration Group Corp. finalized pricing on its incremental first-lien term loan at the low side of talk, added a step-down and modified the original issue discount.
Also, Mega Broadband Investments Holdings LLC lowered the spread on its term loan B and added a leverage-based step-down, and Ascend Learning LLC lifted pricing on its incremental first-lien term loan and finalized the issue price at the wide end of guidance.
Furthermore, Veregy released price talk with launch, and MultiPlan Inc. (MPH Acquisition Holdings LLC), Pretium Packaging (Pretium Pkg Holdings Inc.) and Albany Molecular Research Inc. joined the near-term primary calendar.
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