HUB, ClubCorp, ThoughtWorks, Heartland, Cable One, Pelican Products, Mastronardi free up

By Sara Rosenberg

New York, April 19 – HUB International Ltd. increased the size of its U.S. term loan B as the decision was made to cancel plans for a Canadian term loan B, firmed pricing at the tight side of talk, adjusted the issue price and broke for trading on Thursday.

Also, ClubCorp Holdings Inc. finalized the spread on its term loan B at the low end of talk and removed a pricing step-down, ThoughtWorks Inc. firmed pricing on its incremental term loan and repriced term loan at the wide side of talk and modified the ticking fee on the delayed-draw tranche, and Heartland Dental LLC set the spread on its term loans at the high end of talk, and then these deals freed up for trading as well.

Additionally, Cable One Inc. finalized the spread on its term loan B at the tight end of guidance before hitting the secondary market, and deals from Pelican Products Inc. and Mastronardi Produce broke too.

Furthermore, Samsonite International SA set the spread on its term loan B at the low end of talk and tightened the original issue discount, Ferro Corp. revised the issue price on its term loan B-2 and term loan B-3, and SRAM LLC set the spread on its term loan B at the low side of guidance.

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