Franchise, DRW Holdings, Wedgewood, DiversiTech, Science, Novolex, Infinite, Hillman break

By Sara Rosenberg

New York, Feb. 24 – Franchise Group Inc. lowered the spread on its first-lien term loan B, DRW Holdings LLC firmed pricing on its first-lien term loan at the low end of talk and Wedgewood Pharmacy trimmed the spread on its term loan B, and then all of these deals made their way into the secondary market on Wednesday.

Other deals to free up for trading during the session included DiversiTech Holdings Inc., Science Applications International Corp., Novolex Holdings LLC, Infinite Electronics (Infinite Bidco LLC) and Hillman Group Inc.

In more happenings, Petco Health and Wellness Co. Inc. set pricing on its first-lien term loan B at the low side of talk and tightened the original issue discount, and Kodiak Building Partners increased the size of its term loan B and trimmed the spread.

Also, Anthology finalized the spread on its first-lien term loan at the narrow end of guidance, and Renaissance Learning (Renaissance Holding Corp.) moved up the commitment deadline for its first-and second-lien term loans.

Furthermore, Leslie’s Poolmart Inc., DuPage Medical Group (Midwest Physician Administrative Services LLC), Go Daddy Operating Co. LLC, Liaison (LI Group Holdings Inc.), Barrette (LEB Holdings (USA) Inc.) and Corel Corp. released price talk with launch, and Harsco Corp. and Yum! Brands Inc. joined this week’s primary calendar.

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