Alliance, Canada Goose free up; Southern Vet, Press Ganey, BrightSpring, Frontier tweaked

By Sara Rosenberg

New York, Oct. 1 – Alliance Laundry Systems LLC’s term loan B made its way into the secondary market on Thursday and was trading above its original issue discount, and Canada Goose Inc.’s first-lien term loan broke for trading as well.

Moving to the primary market, Southern Veterinary Partners LLC trimmed pricing on its second-lien term loan and revised the issue price, and Press Ganey (Azalea TopCo Inc.) set the spread on its incremental first-lien term loan at the low end of guidance, added a step-down and tightened the original issue discount.

Also, BrightSpring Health Services (Phoenix Guarantor Inc.) changed its term loan B to an all funded structure by removing the delayed-draw component and increased the Libor floor, and Frontier Communications Corp. reduced pricing on its DIP-to-exit term loan B and changed the issue price.

In addition, PAE Holding Corp. and Baldwin Risk Partners LLC released price talk with launch, and Quirch Foods LLC joined the near-term primary calendar.

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