Tropicana, Quest, Vaco, Arxada, System One break; Fluidra updated; Trac revises deadline

By Sara Rosenberg

New York, Jan. 20 – Tropicana (Naked Juice LLC) modified its first- and second-lien term loan sizes, and tightened spreads and issue prices on the debt, and Quest Software moved some funds between its first- and second-lien term loans, updated pricing and finalized original issue discounts, and then these deals freed to trade on Thursday.

Also, Vaco Holdings LLC increased the size of its first-lien term loan, trimmed the spread and revised the issue price before breaking for trading, and deals from Arxada (Herens US Holdco Corp.) and System One Holdings LLC hit the secondary market as well.

In more happenings, Fluidra (Zodiac Pool Solutions LLC) firmed the spread on its U.S. term loan B at the low end of guidance and revised original issue discount talk on its U.S. and euro tranches, and Trac (Stonepeak Tarus Lower Holdings LLC) accelerated the commitment deadline for its second-lien term loan.

Furthermore, Prince International Corp. (PMHC II Inc.), Athletico Physical Therapy, Bakelite Synthetics, Emerald EMS and Vivid Seats LLC (Hoya Midco LLC) disclosed price talk with launch, and Inspire Brands Inc. (IRB Holding Corp.) joined the near-term primary calendar.

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