Petco, Cvent, Microsemi, Grocery Outlet, Global Healthcare, Six Flags, Bob’s free to trade

By Sara Rosenberg

New York, June 16 – Petco Animal Supplies Inc. set pricing on its term loan B-1 and term loan B-2 at the high end of talk and Cvent Inc. firmed the spread on its first-lien term loan B at the low end of guidance. Both deals then freed up for trading on Thursday.

Also, Microsemi Corp. upsized its term loan B and set the issue price at the wide end of revised talk, and Grocery Outlet Inc. (GOBP Holdings Inc.) upsized its add-on first-lien term loan while finalizing the spread at the wide end of talk, and then these deals made their way into the secondary market too.

Other deals to break for trading during the session included Global Healthcare Exchange LLC, Six Flags Entertainment Corp. and Bob’s Discount Furniture Inc.

Meanwhile, in other happenings, Vertafore (VF Holding Corp.) trimmed pricing on its term loan and tightened the original issue discount, and Avantor Performance Materials firmed pricing on its first-lien term loan at the high end of talk and extended the call protection.

Furthermore, Hertz Corp. set the spread on its term loan B at the low side of guidance, added a step-down and modified the issue price, Prime Security Services Borrower LLC (ADT) lifted pricing on its 2021 term loan and Creative Artists Agency LLC finalized the spread on its term loan at the high end of talk and the issue price at the tight end of guidance.

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