Genex, PS Logistics break; SolarWinds, Fluidra, Flora Food revised; Cincinnati accelerated

By Sara Rosenberg

New York, March 6 – Genex Services’ credit facilities made their way into the secondary market on Tuesday, with the first-lien term loan quoted above its original issue discount, and PS Logistics (PS HoldCo LLC) freed to trade too.

Moving to the primary market, SolarWinds Inc. moved some funds between its first-and second-lien term loans and updated first-lien pricing, and Fluidra lowered spreads on its U.S. and euro term loans and modified original issue discount guidance.

Also, Flora Food Group (currently Unilever’s spreads business) increased the size of its U.S. term loan while tightening the spread and issue price, and Cincinnati Bell Inc. accelerated the commitment deadline on its term loan B.

In addition, Boardriders Inc., Eton (PricewaterhouseCoopers Public Sector LLP), Albea Beauty Holdings SA, Allison Transmission Inc. and Life Time Inc. disclosed price talk with launch.

And, Omnitracs LLC, HealthChannels Inc., Wells Enterprises Inc., U.S. Security Associates Inc. and C.H. Guenther & Son Inc. (CHG PPC Parent LLC) emerged with new deal plans.

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