ASG, Diversey, Duravant break; Tibco, ConvergeOne, Formula 1, Mergermarket update deals

By Sara Rosenberg

New York, July 25 – ASG Technologies Group Inc. trimmed the spread on its term loan, added a step-down, adjusted the original issue discount and then made its way into the secondary market on Tuesday, and Diversey (Diamond BC BV) and Duravant LLC (Engineered Machinery Holdings Inc.) freed to trade too.

In other news, Tibco Software Inc. firmed pricing on its term loan at the low side of guidance, ConvergeOne Holdings Corp. upsized its incremental term loan B, Formula 1 (Alpha Topco Ltd.) tightened the issue price on its add-on term loan, and Mergermarket revised first-and second-lien term loan sizes and updated pricing.

Also, Green Plains Inc., Women’s Care Florida and EnergySolutions LLC released price talk with launch, and TransUnion LLC, Raycom Media Inc. and PQ Corp. emerged with new deal plans.

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