GEMS, West Deptford, Wawona, PLZ, ArisGlobal, Knowlton free up; Advisor Group sets changes

By Sara Rosenberg

New York, July 30 – GEMS Education reduced the size of its first-lien term loan B and finalized the spread at the high end of talk, and West Deptford Energy Holdings LLC added a pricing step-down to its first-lien term loan B, and then both of these deals started trading on Tuesday.

Also, Wawona Packing Co./Gerawan Farming (MVK Intermediate Holdings LLC) set the spread on its first-lien term loan at the low side of guidance before breaking for trading, and deals from PLZ Aeroscience Corp., ArisGlobal (Athos Merger Sub LLC) and Knowlton Development Corp. hit the secondary market as well.

In more happenings, Advisor Group Inc. downsized its term loan B while increasing pricing and added a term loan A to its capital structure.

Furthermore, DigiCert Inc., Sedgwick Claims Management Services Inc., Calpine Corp. and Savage Enterprises LLC disclosed price talk with launch, and Life Time Inc. and Park Place Technologies emerged with new deal plans.

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