Ufinet, ITP Aero, Tricor, Mobileum, Emerald EMS, Confluent, Dodge Construction break

By Sara Rosenberg

New York, Feb. 10 – Ufinet (Zacapa) trimmed pricing on its first-lien term loan, added a step-down and finalized the original issue discount at the tight end of talk, and ITP Aero cut the spread on its first-lien term loan, added a step-down and revised the issue price, and then these deals freed to trade on Thursday.

Also, before breaking for trading, Tricor Group (Thevelia (US) LLC) set the spread on its first-lien term loan at the low end of talk but finalized the original issue discount at the wide end, and Mobileum Inc. (Matrix Parent Inc.) firmed pricing on its first- and second-lien term loans, modified the original issue discount on the second-lien tranche and cancelled plans for a delayed-draw first-lien loan.

In addition, Emerald EMS upsized its first-lien term loan, sweetened the call protection and shortened the maturity, and Confluent Medical Technologies Inc. set pricing on its term loan at the low side of talk and removed step-downs ahead of hitting the secondary market, and Dodge Construction Network’s (Dodge Data & Analytics LLC) bank debt broke as well.

In more happenings, East West Manufacturing finalized the spread on its term loans at the high side of guidance, removed some step-downs and reworked documentation, and Foley Products Co. LLC set the spread on its first-lien term loan at the high side of guidance and made some documentation changes.

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