MGM, Magnolia, PSAV, Inmar, WKI, Accuride break; AdvancePierre dips; Nord Anglia gains

By Sara Rosenberg

New York, April 25 – MGM Growth Properties Operating Partnership LP set the spread on its term loan at the high end of guidance, and Magnolia finalized pricing on its term loan B at the middle of talk and tightened the original issue discount, and then both of these deals freed up for trading on Tuesday.

Also, PSAV (AVSC Holding Corp.) firmed pricing on its term loan at the low side of talk, made some documentation changes and then broke too, and deals from Inmar Inc., World Kitchen (WKI Holding Co. Inc.) and Accuride Corp. hit the secondary market as well.

In more trading news, AdvancePierre Foods Holdings Inc.’s term loan was lower with news that the company is being acquired by Tyson Foods Inc., and Nord Anglia Education Inc.’s term loan was stronger after news that the company is being bought out by a consortium of investors.

Back in the primary market, Kepro (Keystone Acquisition Corp.), Dayco Products LLC and BayMark Health Services Inc. released price talk with launch, Consolidated Container Co., Digicel International Finance Ltd., Transcendia and Equian LLC joined this week’s new issue calendar, and CPG International is getting ready to launch an amendment proposal.

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