Millennium Trust breaks; UPC Holding gains ground; Orchid Orthopedic sets loan terms

By Sara Rosenberg

New York, Feb. 27 – Millennium Trust Co. (Minotaur Acquisition Inc.) firmed pricing on its first-lien term loan at the wide end of talk and added a leverage-based step-down before freeing up for trading on Wednesday afternoon.

Also in the secondary market, UPC Holding’s term loan AR was a bit stronger after the company disclosed plans to pay down the debt in full.

In other news, Orchid Orthopedic Solutions finalized the spread on its first-lien term loan at the high side of guidance, and Terex Corp., Wynn Resorts Ltd. and Windstream Services LLC joined this week’s primary calendar.

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