Focus Financial, Ensemble Health break; Nascar, Pregis, BroadStreet Partners revise deals

By Sara Rosenberg

New York, July 24 – Focus Financial Partners Inc. increased the size of its add-on term loan B and then the debt freed up for trading on Wednesday, and Ensemble Health Partners emerged in the secondary market as well.

Moving to the primary market, Nascar Holdings Inc. trimmed the spread on its term loan, added a pricing step-down and tightened the original issue discount, and Pregis LLC firmed the spread on its first-lien term loan at the low end of guidance, added a step-down and revised the issue price.

Also, BroadStreet Partners Inc. modified the original issue discount on its add-on term loan B, and LegalShield accelerated the commitment deadline for its add-on term loan B.

Furthermore, DaVita Inc., Kaman Distribution Group (Ruby Holdings II LLC) and Jaggaer revealed price talk with launch, and UGI Energy Services LLC, Franklin Energy Group and DynCorp International joined this week’s primary calendar.

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