St. George’s, Ivanti, Blackhawk, WaveDivision, C.H.I. break; Apple, Cypress, Gateway update

By Sara Rosenberg

New York, Feb. 14 – St. George’s University changed the issue price on its add-on first-lien term loan and Ivanti Software Inc. upsized its incremental term loan B and finalized the issue price at the tight side of talk, and then these deals freed up for trading on Tuesday.

Other deals to make their way into the secondary market during the session included Blackhawk Mining LLC, WaveDivision Holdings LLC and C.H.I. Overhead Doors Inc.

Returning to the primary market, Apple Leisure Group widened spreads and original issue discounts on its first-and second-lien term loans and revised call premiums, Cypress Semiconductor Corp. set the spread on its term loan A and term loan B at the low end of guidance and revised original issue discount talk on the B tranche, and Gateway Casinos & Entertainment Ltd. increased the size of its term loan borrowings, adjusted pricing and modified original issue discounts.

Furthermore, Mallinckrodt International Finance SA, Formula 1 (Delta Topco Ltd.), CSP Technologies North America LLC, Interior Logic Group and TriMark (TMK Hawk Parent Corp.) released additional details on their new loan transactions in connection with their launches.

In addition, Amaya Holdings B.V., Virtus Investment Partners Inc., Navios Maritime Partners LP and CPM Acquisition Corp. jumped onto this week’s primary calendar.

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