Fairbanks, Mannington, Paya, Colibri, Grosvenor, DRW, Forcepoint, Culligan and more break

By Sara Rosenberg

New York, June 17 – Fairbanks Morse Defense upsized its first-and second-lien term loans and changed the original issue discount on the first-lien debt, Mannington Mills Inc. widened the spread and issue price on its term loan B, and Paya Inc. lowered pricing on its first-lien term loan and finalized the original issue discount at the tight end of guidance, and then these deals freed to trade on Thursday.

Also, before breaking for trading, Colibri downsized its term loan B and firmed the spread at the high end of revised talk, Grosvenor Capital Management Holdings LLLP and DRW Holdings LLC upsized their incremental term loans and set original issue discounts at the tight side of guidance, and Forcepoint changed the issue price on its incremental first-lien term loan.

Other deals to make their way into the secondary market during the session included Culligan (Osmosis Debt Merger Sub Inc.), Osmose Utilities Services Inc., Orbcomm Inc. and Quantum Health Inc.

In more happenings, K-Mac Holdings Corp. finalized spreads on its first-and second-lien term loans at the low end of guidance, Burlington Stores Inc. set pricing on its term loan B at the narrow end of talk and J.D. Power accelerated the commitment deadline for its incremental term loans.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.