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Convergint breaks; Formula 1, DXP Enterprises changes emerge; Four Seasons accelerated
By Sara Rosenberg
New York, Nov. 15 – Convergint Technologies (DG Investment Intermediate Holdings 2 Inc.) increased the size of its incremental first-lien term loan and tightened the original issue discount before freeing up for trading on Tuesday.
Also, Formula 1 set the spread on its term loan B at the low end of guidance, added a pricing step-down and revised issue price talk, and DXP Enterprises Inc. downsized its incremental term loan B and modified the original issue discount.
Furthermore, Four Seasons Hotels and Resorts moved up the commitment deadline for its first-lien term loan B, and Nielsen Holdings plc (Neptune Bidco US Inc.) joined the near-term primary calendar.
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