BrightSpring Health Services, Red Ventures, Southern Veterinary free to trade

By Sara Rosenberg

New York, Oct. 2 – BrightSpring Health Services (Phoenix Guarantor Inc.) finalized the spread on its term loan B at the narrow end of guidance and then the debt surfaced in the secondary market on Friday.

Also, Red Ventures LLC reduced the size of its incremental senior secured first-lien term loan, increased pricing and firmed the Libor floor at the high end of talk before breaking for trading.

Another deal to begin trading during the session was Southern Veterinary Partners LLC, with both its first-and second-lien term loans quoted above their original issue discounts.

In other news, Maravai LifeSciences announced plans to launch new credit facilities on Tuesday.

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