Convergint, Trinseo, Kenan, SiteOne, Tamko, Galderma, Liquid Tech, Denali Water break

By Sara Rosenberg

New York, March 18 – Convergint (DG Investment Intermediate Holdings 2 Inc.) revised first-and second-lien term loan sizes and added a pricing step-down to the first-lien tranche, Trinseo SA lowered the spread on its term loan B, and Kenan Advantage Group Inc. carved out a small Canadian tranche from its term loan B, and then all of these deals broke for trading on Thursday.

Also, before freeing up, SiteOne Landscape Supply upsized its first-lien term loan B and reduced pricing, and Tamko Building Products Inc. tightened the original issue discount on its incremental term loan B.

Some other deals to make their way into the secondary market during the session included Galderma, Liquid Tech Solutions LLC and Denali Water Solutions LLC.

In other news, PODS LLC cut pricing on its first-lien term loan B, Wilsonart LLC increased the spread on its term loan E, added a step-down and adjusted the Libor floor, and MBCC Group trimmed pricing on its U.S. term loan B and tightened the original issue discount, and updated price talk on its euro term loan B.

Thor Industries Inc. revised spread talk on its U.S. and euro term loans and set the issue price at the tight end of guidance, and Conga (Apttus Corp.) put the launch of its first-lien term loan on hold.

MedRisk, AIT Worldwide Logistics, Atlantic Power Corp., Cornerstone OnDemand Inc. and Soliant released talk with launch.

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