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LMBE, Valeant, Chef’s Warehouse break; Openlink, MSX, GPS updated; Element accelerated
By Sara Rosenberg
New York, Nov. 15 – LMBE-MC HoldCo II LLC (Talen Energy Supply LLC) set the spread on its term loan B at the wide side of talk before freeing up for trading on Thursday, and Valeant Pharmaceuticals International (Bausch Health Cos. Inc.) and Chefs’ Warehouse Inc. broke as well.
In more happenings, Openlink Financial LLC finalized amounts of its U.S. and euro term loans, and MSX International firmed sizes of its U.S. and euro term loans, widened the spread and original issue discount on the U.S. piece, and set pricing on the euro tranche at the high end of guidance.
Also, GPS Hospitality set the spread on its term loan B at the wide side of talk, and Element Solutions (Platform Specialty Products Corp./MacDermid Inc.) accelerated the commitment deadline on its credit facilities.
Furthermore, Atlantic Aviation FBO Inc., CentralSquare Technologies LLC and Corel Corp. released price talk on their loan transactions with launch.
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