CityMD, Albertsons, Savage, Janus break; WestJet, DaVita, Park Place changes emerge

By Sara Rosenberg

New York, Aug. 7 – CityMD (WP CityMD Bidco LLC) raised pricing on its term loan, revised the Libor floor, widened the original issue discount and extended the call protection before freeing up for trading on Wednesday.

Other deals to make their way into the secondary market during the session included Albertsons Cos. Inc., Savage Enterprises LLC and Janus International Group.

In more happenings, WestJet Airlines Ltd. set the spread on its term loan at the low side of guidance, added a step-down, adjusted the Libor floor and tightened the issue price, and DaVita Inc. increased the size of its term loan B and modified the original issue discount.

Also, Park Place Technologies tightened the issue price on its add-on second-lien term loan, Clear Channel Outdoor Holdings Inc. accelerated the commitment deadline for its credit facilities, Q Holding Co. released price talk on its term loan B with launch, and Idera Inc. surfaced with new deal plans.

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