| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers S > Headlines for Surgery Center Holdings Inc. > News item |
SuperValu, Virtu, Gypsum, High Liner break; Fortress Investment, Market Track tweak deals
By Sara Rosenberg
New York, June 2 – SuperValu Inc. firmed the spread on its term loan B at the low side of guidance and tightened the original issue discount before freeing up for trading on Friday, and deals from Virtu Financial Inc. (VFH Parent LLC), Gypsum Management and Supply Inc. (GYP Holdings III Corp.) and High Liner Foods Inc. hit the secondary market as well.
SuperValu’s term loan B had levels quoted at par bid, 100¾ offered, a source said.
Virtu Financial’s $1.15 billion 4.5-year senior secured term loan B also broke, with levels seen at 100¾ bid, 101¼ offered, a trader said.
Gypsum Management and Supply’s $578 million covenant-light first-lien term loan due April 1, 2023 broke for trading too, with levels seen at 100¼ bid, 100 5/8 offered, according to a market source.
High Liner Foods’ fungible $70 million add-on term loan B due April 24, 2021 (B2/B+) freed up as well, with levels quoted at 100¼ bid, 101 offered, a trader said.
In more happenings, Fortress Investment Group LLC added a pricing grid to its term loan B, and Market Track widened the spread on its first-lien term loan.
Also, Grocery Outlet (GOBP Holdings Inc.) and Masergy Communications Inc. released price talk with launch, and Surgery Center Holdings Inc., USIC Holdings Inc. and Six Flags Entertainment Corp. joined the near-term primary calendar.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.