Vertiv, Indicor, XPO, Flexera, Alliant, Authentic Brands break; BMC, BroadStreet revised

By Sara Rosenberg

New York, Dec. 7 – Vertiv Group Corp. firmed pricing on its term loan B at the high end of guidance, Indicor LLC finalized the issue price on its U.S. and euro term loans at the tight end of talk, and XPO Inc. modified the issue price on its first-lien term loan B, and then these deals freed to trade on Thursday.

Also, Flexera Software LLC set the spread on its incremental first-lien term loan at the low end of talk and updated the original issue discount before breaking for trading, and deals from Alliant Holdings Intermediate LLC and Authentic Brands Group (ABG Intermediate Holdings 2 LLC) surfaced in the secondary market as well.

In more happenings, BMC Software upsized its U.S. and euro term loans two times, firmed spreads at the low end of guidance, added pricing step-downs and tightened the original issue discount on both tranches, and BroadStreet Partners Inc. increased the size of its incremental add-on term loan B-3 in the morning and then again in the afternoon.

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