Ultimate Software frees up; NSO, Staples tweak deals; RadNet, Barracuda move deadlines

By Sara Rosenberg

New York, April 8 – Ultimate Software Group Inc.’s credit facilities allocated and surfaced in the secondary market on Monday morning, with the first-lien term loan quoted above par.

Moving to the primary market, NSO Group increased the size of its term loan, set U.S. and euro tranche amounts and modified the original issue discount, Staples Inc. downsized its term loan and divided it into two tranches, and RadNet Management Inc. and Barracuda Networks Inc. accelerated the commitment deadlines for their term loans.

Furthermore, Vizient Inc. and Hexion International Holdings BV released price talk with launch, and Sundyne US Purchaser Inc. and Blackstone Mortgage Trust Inc. joined this week’s new issue calendar.

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