SeaWorld, Quintiles, Restaurant Brands, Virtus, Equinox break; Navios reworks term loan B

By Sara Rosenberg

New York, March 3 – SeaWorld Entertainment Inc. set the size of its term loan B-5 at the high end of revised talk, and Quintiles IMS Holdings Inc. updated sizes, spreads and issue prices and its U.S. and euro term loans, and then both of these made their way into the secondary market on Friday.

Also, Restaurant Brands International Inc. tightened the original issue discount on its incremental term loan, and Virtus Investment Partners Inc. lowered the spread on its term loan B, added a step-down and firmed the original issue discount at the tight end of guidance, and then these transactions, as well as a deal from Equinox Holdings Inc., freed up for trading too.

In more happenings, Navios Maritime Partners LP increased the size of its term loan B while sweetening the spread, original issue discount and call protection, Caraustar Industries Inc. and Avantor Performance Materials Holdings Inc. accelerated the commitment deadlines on their loans, and Capital Automotive LP and Visteon Corp. emerged with new loan plans.

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