XLerate, Syniverse break; Covis, Ankura tweak deals; Scientific Games, Bakelite accelerated

By Sara Rosenberg

New York, Jan. 31 – XLerate Group (American Auto Auction Group LLC) finalized pricing on its first- and second-lien term loans at the high end of guidance, removed a leverage-based step-down and sweetened call premiums, and Syniverse Holdings Inc. set the spread on its term loan at the low side of talk, and then these deals freed to trade on Monday.

In more happenings, Covis Pharma increased the size of its first-lien term loan B, widened the spread and original issue discount, and extended the call protection, and added a second-lien term loan to its transaction, and Ankura Consulting Group LLC modified the issue price on its incremental first-lien term loan.

Also, Scientific Games Lottery and Bakelite Synthetics moved up the commitment deadlines for their term loans.

Furthermore, Goodnight Midstream (Goodnight Water Solutions LLC) released price talk with launch, and FloWorks International, Ontic (Bleriot US Bidco Inc.) and Amentum Holdings LLC joined this week’s primary calendar.

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