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Valet, Tortoise, Ultra Clean, SUSE, PS free up; Envision, National Response revise deals
By Sara Rosenberg
New York, Sept. 27 – Valet Living firmed pricing on its term loan at the low end of guidance, added a step-down and adjusted the original issue discount, and Tortoise Investments LLC upsized its add-on term loan and adjusted the issue price, and then both of these deals broke for trading on Thursday.
Other loan transactions to make their way into the secondary market during the session included Ultra Clean Holdings Inc., SUSE (Marcel BidCo) and PS Logistics (PS HoldCo LLC).
In more happenings, Envision Healthcare Corp. increased the size of its term loan B, reduced the spread, added a step-down and modified the issue price, and National Response Corp. tightened the original issue discount on its incremental term loan.
Also, Bomgar Corp. accelerated the commitment deadline on its incremental first-lien term loan, NEP Group Inc. disclosed price talk with launch, and United Natural Foods Inc. joined the near-term primary calendar.
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