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DigiCert rises on investment news; Teneo revises loan; multiple deals see price talk emerge
By Sara Rosenberg
New York, July 9 – DigiCert Inc.’s term loan headed higher in the secondary market on Tuesday after news came out that the company is receiving a strategic growth investment from Clearlake Capital Group LP and TA Associates.
Moving to the primary market, Teneo Holdings LLC widened the spread, floor and original issue discount on its term loan, sweetened the call protection, shortened the maturity and made a sizeable amount of documentation changes.
Also, Sinclair Broadcast Group Inc. (Diamond Sports Group LLC), Sinclair Television Group Inc., Whatabrands LLC, Press Ganey Associates Inc. (Emerald TopCo Inc.), Ensemble Health Partners, Pregis LLC, ION Media Networks Inc., Insurity Inc., Ineos Enterprises and Garda World Security Corp. released price talk with launch.
Furthermore, PLZ Aeroscience Corp. and Boyd Corp. surfaced with new deal plans.
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