Ontic breaks; Covis revised; Ufinet, Virtusa accelerate deadlines; Culligan, NAPA set talk

By Sara Rosenberg

New York, Feb. 7 – Ontic (Bleriot US Bidco Inc.) modified the issue price on its incremental first-lien term loan and then the debt made its way into the secondary market on Monday.

Meanwhile, in the primary market, Covis Pharma increased the size of its U.S. first-lien term loan and second-lien term loan, and added a euro term loan to its capital structure, and Ufinet (Zacapa) and Virtusa Corp. accelerated the commitment deadlines for their term loans.

Also, Culligan International and NAPA Management Services Corp. released price talk with launch, and TKC Midco 1 LLC, Latham Pool Products Inc., Les Schwab Tire Centers, Olaplex Holdings Inc. and Cast & Crew joined this week’s primary calendar.

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