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Rocket, ANI, Digital Media, break; American Rock tweaked; MetroNet, West Marine accelerated
By Sara Rosenberg
New York, May 24 – Rocket Software Inc. reduced the size of its U.S. incremental first-lien term loan B and increased the size of its euro first-lien term loan, and then the debt made its way into the secondary market on Monday.
Other deals to free up for trading during the session included ANI Pharmaceuticals Inc. and Digital Media Solutions LLC.
In more happenings, American Rock Salt Co. LLC upsized its first-and second-lien term loans and tightened the original issue discount on the first-lien tranche, and MetroNet and West Marine Inc. (Rising Tide Holdings Inc.) accelerated the commitment deadlines for their term loans.
Also, Sovos Brands Intermediate Inc., HelpSystems, Baldwin Risk Partners LLC and Xperi Corp. released price talk on their loan transactions, and Mission Broadcasting Inc. and System One Holdings LLC joined the near-term primary calendar.
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