VC GB Holdings, TriMark break; Mallinckrodt, Formula 1, Arch Coal deal revisions emerge

By Sara Rosenberg

New York, Feb. 23 – VC GB Holdings Inc.’s term loans hit the secondary market on Thursday, with the first-and second-lien tranches quoted above their original issue discounts, and TriMark (TMK Hawk Parent Corp.) freed to trade as well.

Moving to the primary market, Mallinckrodt International Finance SA set the spread on its term loan B at the low end of talk and tightened the original issue discount, Formula 1 (Delta Topco Ltd.) increased the size of its first-lien term loan, and Arch Coal Inc. upsized its term loan B and revised the spread and issue price.

Also, Equinox Holdings Inc., Jeld-Wen Inc., Contura Energy Inc., Warrior Met Coal Intermediate Holdco LLC, Cologix Holdings Inc., Navico, Trader Corp., Internet Brands Inc. and Aspen Dental (ADMI Corp.) disclosed price talk with launch, and Caraustar Industries Inc. surfaced with new deal plans.

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