Clarios breaks; Packers Sanitation, BlueTriton strengthen; Simply Good changes emerge

By Sara Rosenberg

New York, April 20 – Clarios Global LP increased the size of its term loan B, reduced the spread and modified the original issue discount, and then the debt made its way into the secondary market on Thursday, with levels quoted above the revised issue price.

Also, Packers Sanitation Services Inc.’s (PSSI) term loan rebounded a little in trading after spending the first half of this week falling in reaction to news reports that Cargill Inc. canceled its contracts with the company, and BlueTriton Brands’ term loan was stronger with the release of earnings to lenders.

In more happenings, Simply Good Foods Co. (Atkins Nutritionals Holdings Inc.) trimmed the spread on its term loan B and tightened the original issue discount.

Furthermore, Signant Health (Bracket Intermediate Holding Corp.), Tekni-Plex Inc. (Trident TPI Holdings Inc.), Talen Energy Supply LLC and GMS Inc. (GYP Holdings III Corp.) released price talk with launch, and Kenan Advantage Group Inc. joined the near-term primary calendar.

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