MultiPlan, Riverbed Technology, Team Health, Phoenix Services, National Veterinary break

By Sara Rosenberg

New York, May 25 – MultiPlan Inc.’s credit facility made its way into the secondary market on Wednesday, with the multi-billion term loan B quoted well above its original issue discount, and Riverbed Technology Inc. freed up as well.

Also, Team Health Inc. firmed the spread on its term loan B at the low end of talk, Phoenix Services (Metal Services LLC) finalized the size of its incremental and amended and extended first-lien term loan, and National Veterinary Associates (NVA Holdings Inc.) shifted some funds between its add-on term loans and updated issue prices, and then all of these deals began trading as well.

In other happenings, Albertsons Cos. LLC upsized its term loan B-6 and tightened the original issue discount and introduced a repricing of its term loan B-5 and term loan B-4 debt to lenders, and AdvancePierre Foods Inc. reworked its term loan sizes, lowered pricing on its first-lien term loan, added a step-down and firmed the issue price at the tight end of guidance.

Furthermore, Station Casinos LLC cut the spread on its term loan B, tightened the original issue discount and extended the call protection, B/E Aerospace Inc. adjusted the issue price on its term loan repricing, TransDigm Inc. brought a new term loan F to market, and Leidos Holdings Inc./Abacus Innovations Corp. released term loan B price talk with launch.

© 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.