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Published on 1/17/2024 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Parexel, Ryan, International SOS, MKS, Idemia, Conservice break; Imperial, 1-800 revised

By Sara Rosenberg

New York, Jan. 17 – Parexel modified the original issue discount on its add-on term loan B, Ryan Specialty Group LLC firmed the issue price on its term loan B at the tight end of talk, and International SOS finalized the spread on its term loan B at the wide side of guidance, and then these deals freed to trade on Wednesday.

Other deals to make their way into the secondary market during the session included MKS Instruments Inc., Idemia and Conservice Midco LLC.

In more happenings, Imperial Dade (BCPE Empire Holdings Inc.) increased the size of its first-lien term loan, set the spread at the low end of guidance and tightened issue prices for rolled and new money commitments, 1-800 Contacts Inc. upsized its incremental term loan and lowered the spread, and added a repricing of its existing term loan, and Caliber Collision (Wand NewCo 3 Inc.) moved up the commitment deadline for its term loan B.

Also, Novolex (Clydesdale Acquisition Holdings Inc.), Merlin Entertainments plc, SubCom, NGL Energy Operating LLC, Mariner Wealth Advisors, Charter Next Generation Inc., Vistage Worldwide Inc., Mitratech and Sabre Industries (Tiger Acquisition LLC) disclosed price talk with launch.

Furthermore, Waupaca Foundry Inc., Ahead DB, Fitness International LLC, Buckeye Partners LP, Team Services Group LLC, Plusgrade and Tacala Cos. joined this week’s primary calendar.


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