Shearer’s, WestJet, Banijay, Ineos, Waupaca, Envu, UKG, Magnite break; Wood, Husky revised

By Sara Rosenberg

New York, Jan. 31 – Shearer’s Foods (Fiesta Purchaser Inc.) trimmed pricing on its term loan B, removed step-downs, tightened the original issue discount and made some changes to documentation, and WestJet Loyalty LP increased the size of its term loan B and set the margin and issue price at the tight end of talk, and then these deals freed to trade on Wednesday.

Also, before breaking for trading, Banijay set the issue price on its U.S. term loan B at the tight end talk and the spread on its euro term loan B at the low end of revised guidance, Ineos Group Holdings firmed sizes of its U.S. and euro term loans, and Waupaca Foundry Inc. set the original issue discount on its term loan B at the tight end of revised talk.

Additionally, Envu (Discovery Purchaser Corp.) finalized the issue price on its add-on first-lien term loan at the tight end of talk and then hit the secondary market, and deals from UKG Inc. and Magnite Inc. began trading as well.

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