Pretium, E2open, ProAmpac, Amentum, Highline break; PetSmart, Wrench, Resolute revised

By Sara Rosenberg

New York, Oct. 29 – Pretium Packaging (Pretium Pkg Holdings Inc.) moved some funds between its first-and second-lien term loans, firmed spreads and revised the original issue discount on the first-lien tranche before freeing up for trading on Thursday.

Also, E2open Inc. set the spread on its term loan B at the high end of guidance and changed the step-down, and ProAmpac lifted pricing on its incremental and extended first-lien term loans, and modified the issue price and extension fee, and then these deals broke for trading as well.

In addition, before hitting the secondary market late in the day, Amentum Government Services Holdings LLC increased pricing on its incremental first-lien term loan, widened the original issue discount and extended the call protection, and Highline Aftermarket Acquisition LLC raised the spread on its first-lien term loan and adjusted the issue price.

Furthermore, PetSmart Inc. reduced the size of its term loan B, widened the spread, floor and issue price, sweetened the call protection and shortened the maturity, and Wrench Group LLC upsized its incremental first-lien term loan and tightened the original issue discount.

And, Resolute Investment Managers Inc. reduced the size of its add-on first-lien term loan, and Smyrna Ready Mix Concrete LLC withdrew its term loan from the market.

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