Herschend, Taboola, Centuri break; Maverick, Alight, Teaching, Kenan, Packers updated

By Sara Rosenberg

New York, Aug. 18 – Herschend Family Entertainment lowered the spread on its first-lien term loan B, and Taboola.com Ltd. set pricing on its term loan B at the high end of talk, widened the issue price and extended the call protection, and then these deals freed to trade on Wednesday.

Another deal to make its way into the secondary market during the session was Centuri Group Inc.’s term loan B, with levels quoted above its original issue discount.

In other news, Maverick Gaming LLC set the spread on its term loan B at the high side of talk, revised the step-down and the call protection, shortened the maturity and reworked documentation, and Alight Solutions upsized its term loan, trimmed pricing and tightened the original issue discount

Also, Teaching Strategies (Foundational Education Group Inc.) updated pricing on its first-and second-lien term loans, Kenan Advantage Group Inc. increased the size of its incremental first-lien term loan and firmed the original issue discount on its second-lien term loan at the wide end of guidance, and Packers Holdings LLC (PSSI) upsized its incremental first-lien term loan.

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