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Madison IAQ breaks; Yahoo, Whatabrands, McGraw-Hill, Upstream Rehab changes surface
By Sara Rosenberg
New York, July 20 – Madison IAQ finalized the original issue discount on its incremental first-lien term loan and then the debt made its way into the secondary market on Tuesday.
In more happenings, Yahoo (Verizon Media) moved some funds between its term loans, lowered spreads and tightened issue prices, and Whatabrands LLC (Whataburger) trimmed pricing on its first-lien term loan B.
Also, McGraw-Hill Education Inc. increased the size of its term loan B, revised price talk and set the original issue discount at the wide end of guidance, and Upstream Rehab (Upstream Holdco Inc.) reduced the spread on its incremental first-lien term loan and added a repricing of its existing first-lien term loan.
Furthermore, Trader Interactive moved up the commitment deadline for its term loan B, and McAfee Enterprise/FireEye Products, CoolSys Inc. and Webhelp SAS announced price talk on their loan transactions with launch.
Additionally, Evans Network of Cos., Tekni-Plex Inc. (Trident TPI Holdings Inc.), RV Retailer, Sovos Compliance LLC, Alvogen Pharma US Inc. and Flow Control Group (FCG Acquisitions Inc.) joined this week’s primary calendar.
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