Kodiak, Storable, Kofax, PLZ, Horizon, XPO, Berry, Tegra118, Barrette, Alacrity break

By Sara Rosenberg

New York, Feb. 26 – Kodiak Building Partners trimmed pricing on its term loan B for a second time, and Storable Inc. (EQT Box Merger Sub Inc.) shifted some funds between its first-and second-lien term loans, and tightened spread, floor and original issue discount on its first-lien tranche, and then both of these deals began trading on Friday.

Also, before breaking, Kofax (Project Leopard Holdings Inc.) upsized its incremental first-lien term loan, added a pricing step-down and modified the issue price, and PLZ Aeroscience Corp. widened the spread and the Libor floor on its term loan debt, but tightened the original issue discount.

Other deals to emerge in the secondary market during the session included Horizon Therapeutics USA Inc., XPO Logistics Inc., Berry Global, Tegra118 Wealth Solutions Inc., Barrette (LEB Holdings (USA) Inc.) and Alacrity Solutions Group LLC.

In other news, Bass Pro Group LLC upsized its term loan, cut the spread and set the issue price at the wide side of guidance, TierPoint LLC revised the Libor floor on its term loan, and Tronox Finance LLC moved up the commitment deadline for its term loan B.

Additionally, ION Corporates (Helios Software Holdings Inc.), Constant Contact Inc., Ankura Consulting Group LLC and Playtika Holding Corp. emerged with new deal plans.

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