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Published on 6/12/2019 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Perforce Software, Avantor break; Unifrax revised; Upland Software, BRP, Vitech set talk

By Sara Rosenberg

New York, June 12 – Perforce Software Inc. modified the original issue discount on its first-lien term loan and added a pricing step-down, and then the debt surfaced in the secondary market on Wednesday, and Avantor’s term debt freed to trade as well.

Also, Unifrax (ASP Unifrax Holdings Inc.) reduced the size of its incremental term loan B and finalized the spread at the low end of guidance.

Furthermore, Upland Software Inc., BRP Inc. and Vitech Systems Group disclosed price talk with launch, and Allied Universal Holdco LLC and PF Growth Partners are getting ready to bring new deals to market.


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