Albertsons, USIC, Save-A-Lot, Zebra, AdvancePierre break; Catalent, Quikrete changes emerge

By Sara Rosenberg

New York, Dec. 2 – Albertsons Cos. LLC’s over $6 billion of repriced term loans made their way into the secondary market on Friday, and deals from USIC Holdings Inc., Save-A-Lot and Zebra Technologies Corp. freed up for trading as well.

In more happenings, AdvancePierre Foods Holdings Inc. firmed the spread on its term loan B repricing at the low end of guidance, and then the debt was seen trading above its issue price.

Also, Catalent Pharma Solutions Inc. updated pricing on its U.S. and euro term loans, and Quikrete Co. upsized its add-on first-lien term loan while tightening the original issue discount and cancelling plans for a second-lien term loan.

Furthermore, EVO Payments International is still working on finalizing terms on its second-lien term loan, with the potential being that the spread may come a bit wide of initial guidance, and Syncsort Inc., First American Payment Systems LP and Mister Car Wash revealed price talk with launch.

Additionally, Novolex (Flex Acquisition Co. Inc.) came out with timing on the launch of its credit facility, and Autoparts Holdings (Fram Group Holdings Inc.), Kraton Polymers LLC, Prime Security Services Borrower LLC (ADT Corp.) and Progrexion joined the near-term new issue calendar.

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