Avantor, TruGreen, Precision Medicine, OneDigital, Zywave, Veracode, Wrench break

By Sara Rosenberg

New York, Oct. 30 – Avantor Funding Inc. reduced the size of its term loan B and set the original issue discount at the wide end of talk, and TruGreen LP finalized the spread on its second-lien term loan at the low side of guidance, and then both of these deals broke for trading on Friday.

Also, before hitting the secondary market, Precision Medicine Group LLC moved some funds between its funded and delayed-draw first-lien term loans, firmed pricing at the high side of talk, eliminated a step-down and revised the issue price, and OneDigital widened the spread and issue price on its first-lien term loan debt and sweetened the call protection.

Additionally, Zywave Inc. raised pricing on its first-lien term loan B and revised the original issue discount, and Veracode (Valkyr Purchaser LLC) firmed pricing on its first-lien term loan B at the low end of talk, and then freed to trade as well.

Other deals to surface in the secondary market during the session included Resolute Investment Managers Inc. and Wrench Group LLC.

In more happenings, Park Place Technologies LLC set the spread on its first-lien term loan at the high end of guidance, modified the original issue discount and extended the call protection, Capstone Logistics LLC upsized its first-lien delayed-draw term loan and revolver, and firmed first-lien term loan pricing at the low end of talk, and PetSmart Inc. withdrew its term loan B from market.

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