National Seating frees to trade; Sotera, Rexnord, Integer, ASGN, FLY, USI, Ticketek set talk

By Sara Rosenberg

New York, Nov. 12 – National Seating & Mobility Inc. set the spread on its first-lien term loan at the high end of guidance and made some revisions to documentation before breaking for trading during Tuesday’s market hours.

The company finalized pricing on its $420 million seven-year covenant-lite first-lien term loan (B2/B) at Libor plus 525 basis points, the high end of the Libor plus 500 bps to 525 bps talk, and left the 0% Libor floor, original issue discount of 99 and 101 soft call protection for six months unchanged, according to a market source.

In more happenings, Sotera Health Holdings LLC, Rexnord LLC, Integer Holdings Corp. (Greatbatch Ltd.), ASGN Inc., FLY Leasing, USI Inc., Ticketek, HCA Inc., Alight Solutions and Bowlero Corp. all released price talk with launch.

Furthermore, Sabert Corp. and Booz Allen Hamilton Inc. joined this week’s primary calendar.

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