Micro Focus, Maravai, Simply Good break; Tropicana, Liberty Tire accelerate deadlines

By Sara Rosenberg

New York, Jan. 14 – Micro Focus International plc reduced the size of its U.S. term loan, increased the size of its euro term loan and firmed spreads on the tranches and then the debt made its way into the secondary market on Friday.

Also, Maravai LifeSciences (Maravai Intermediate Holdings LLC) finalized pricing on its term loan B at the low end of guidance before breaking for trading, and Simply Good Foods’ (Atkins Nutritional) first-lien term loan B freed up as well.

In more happenings, Tropicana (Naked Juice LLC) and Liberty Tire Recycling LLC (LTR Intermediate Holdings Inc.) accelerated the commitment deadlines for loan transactions.

Furthermore, Embecta Corp., East West Manufacturing and Dessert Holdings joined the near-term primary calendar.

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