Simon & Schuster, RealTruck, Watlow, Fleetpride, ChampionX break; Formula 1, Rocket updated

By Sara Rosenberg

New York, Sept. 27 – Simon & Schuster (Century DE Buyer LLC) lowered the spread on its first-lien term loan and tightened the issue price, and RealTruck Group Inc. changed the original issue discount on its incremental first-lien term loan and shortened the call protection, and then these deals freed to trade on Wednesday.

Also, Watlow Electric Manufacturing Co. downsized its add-on term loan B and finalized the original issue discount at the tight end of guidance before breaking for trading, and deals from FleetPride Inc. and ChampionX Corp. made their way into the secondary market as well.

In more happenings, Formula 1 set the spread on its term loan B at the low end of talk, and Rocket Software Inc. reduced the size of its U.S. first-lien term loan B, increased the size of its euro first-lien term loan B and firmed the original issue discount on both tranches at the tight end of guidance.

Furthermore, Aramsco Inc., DXP Enterprises Inc., BJ’s Wholesale Club Inc. and PowerSchool Holdings Inc. (Severin Acquisition LLC) released price talk with launch, and iSolved joined this week’s primary calendar.

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