Endo, Anchor Glass, Jack’s, Liquid Web break; Cirque, Six Flags, PDC, TI Auto revised

By Sara Rosenberg

New York, June 24 – Endo International plc (Endo Luxembourg Finance Co. I Sarl and Endo LLC) lifted the size of its term loan B, firmed spreads on the B loan and an asset-sale bridge loan, tightened original issue discounts on the debt and then freed up for trading on Wednesday.

Other deals to make their way into the secondary market during the session were Anchor Glass Container Corp., Jack’s Family Restaurants and Liquid Web.

Returning to primary happenings, Cirque du Soleil moved some funds between its first- and second-lien term loans, updated pricing and issue prices on the tranches and extended call protection on the first-lien debt.

In addition, Six Flags Entertainment Corp. adjusted the issue price on its term loan B and added a leverage-based step-down, and PDC Brands widened pricing and original issue discount on its term loan B and added a covenant.

Furthermore, TI Automotive Ltd. increased the amount of its term loan B debt as its bond offering was decreased, Swift Energy Co. disclosed guidance with launch, and Jackson Hewitt Tax Service Inc. began circulating price talk on its term loan B.

MRI Software closes

In other news, MRI Software LLC obtained a new $240 million credit facility for its buyout by GI Partners from Vista Equity.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.