Ascensus, Conservice break; Veritas, Tutor Perini, GlobalLogic, Smart Start, PetVet revised

By Sara Rosenberg

New York, Aug. 13 – Ascensus (AqGen Ascensus Inc.) upsized its first-lien term loan and firmed the spread at the low side of talk before freeing up for trading on Thursday, and Conservice Midco LLC’s incremental first-lien term loan broke as well.

In other news, Veritas Technologies downsized its U.S. and euro term loans and finalized pricing on the debt at the wide end of guidance, and Tutor Perini raised its first-lien term loan B amount, set the spread at the low end of talk, added a step-down and changed the original issue discount.

Also, GlobalLogic Holdings Inc. cut pricing on its incremental term loan B and revised the original issue discount, and Smart Start Inc. tightened the spread and issue price on its term loan B for a second time due to strong demand.

Furthermore, PetVet Care Centers LLC increased the size of its incremental term loan B-3 and modified the original issue discount, and AmeriLife Holdings LLC upsized its incremental first-lien term loan and adjusted the issue price.

Additionally, PLZ Aeroscience Corp. announced price talk on its incremental term loan with launch, and Avianca joined the near-term primary calendar.

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