Formula 1, Focus, Four Seasons, Playa, USI, SolarWinds, Electro Rent and more set talk

By Sara Rosenberg

New York, Nov. 14 – It was a busy day in the primary market on Monday, with Formula 1, Focus Financial Partners LLC, Four Seasons Hotels and Resorts, Playa Hotels & Resorts BV, USI Inc., SolarWinds Inc., Electro Rent Corp., Convergint Technologies (DG Investment Intermediate Holdings 2 Inc.), Parkway Generation LLC and Ingenovis Health Inc. all launching new loan transactions.

Also, Applied Systems Inc. surfaced with plans to bring an amendment and extension of its credit facilities to market this week.

Meanwhile, in the primary market, United Site Services’ first-lien term loan was weaker in trading on the back of Moody’s Investors Service cutting the company’s ratings.

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