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Published on 7/28/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Sitel, Curia, Atlantic Broadband, McAfee break; Sovos, Alvogen, Webhelp revisions surface

By Sara Rosenberg

New York, July 28 – A couple of deals made their way into the secondary market on Wednesday, including Sitel Group, Curia Global Inc., Atlantic Broadband (Cogeco Financing 2 LP) and McAfee Enterprise/FireEye Products.

Meanwhile, in the primary market, Sovos Compliance LLC tightened the spread, Libor floor and original issue discount on its first-lien term loan, and Alvogen Pharma US Inc. increased the size of its incremental first-lien term loan.

Also, Webhelp SAS revised the step-downs on its U.S. and euro term loans, Veritext Corp. (VT TopCo Inc.) accelerated the commitment deadline for its term loans, and Cloudera Inc., Parexel, Eastman Tire Additives and Colibri disclosed price talk with launch.

In addition, Duravant LLC (Engineered Machinery Holdings Inc.), GEON Performance Solutions LLC, Western Dental (Premier Dental Services Inc.), Mariner Wealth Advisors and Sotheby’s joined this week’s primary calendar.


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