Element Materials, Wrench Group break; Mavis updates surface; ArcLight, VXI release talk

By Sara Rosenberg

New York, April 12 – Element Materials changed the original issue discount on its U.S. and euro term loans before freeing up for trading on Tuesday, and Wrench Group LLC’s incremental first-lien term loan made its way into the secondary market as well.

In more happenings, Mavis Tire Express Services TopCo Corp. increased the size of its incremental first-lien term loan and firmed the original issue discount at the tight end of guidance.

Also, ArcLight GCX (AL GCX Holdings LLC) and VXI Global Solutions announced price talk with launch, and Vizient Inc. and Penn National Gaming Inc. emerged with new deal plans.

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