Jordan Health, BI-LO, Power Products revised; Valeant, Telenet, Open Text, more set talk

By Sara Rosenberg

New York, May 14 – In the primary market on Monday, Jordan Health Services (BW NHHC HoldCo Inc.) raised pricing on its first-and second-lien term loans, sweetened the issue price and call protection on the first-lien tranche, and cancelled plans for delayed-draw term loans.

Also, BI-LO LLC reduced the size of its term loan B while widening the spread and original issue discount, and Power Products LLC modified the issue price on its add-on term loan B.

Furthermore, Valeant Pharmaceuticals International Inc., Telenet, Open Text Corp., Warner Music Group (WMG Acquisition Corp.), Safe Fleet Holdings LLC, Pinnacle Foods Finance LLC and Kraton LLC released price talk with launch.

In addition, Dental Corp. of Canada Inc., Wyndham Worldwide Corp. (Wyndham Destinations Inc.), Aramark Services Inc., Corel Corp. and VICI Properties Inc. emerged with new deal plans.

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