Brookfield NGPL, Cvent, Surgery Partners, Sabert break; Northeast, A-Gas, OneDigital updated

By Sara Rosenberg

New York, Dec. 5 – Brookfield NGPL (BIP PipeCo Holdings LLC) increased the size of its term loan, lowered the spread and revised the issue price, and Cvent Holding Corp. (Capstone Borrower Inc.) modified the original issue discount on its add-on first-lien term loan B, and then both of these deals freed to trade on Tuesday.

Other deals to make their way into the secondary market during the session included Surgery Partners Inc. (Surgery Center Holdings Inc.) and Sabert Corp.

In other news, Northeast Grocery Inc. set the original issue discount on its term loan B at the tight end of guidance and made some changes to documentation, and A-Gas FinCo Inc. removed leverage-based pricing step-downs from its term loan B, widened the issue price talk, increased the floor, extended the call protection, shortened the maturity and tweaked documentation.

Also, OneDigital changed the original issue discount on its incremental term loan, and Alliant Holdings Intermediate LLC moved up the commitment deadline for its first-lien term loan B-6.

© 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.