TK Elevator, Creative Artists break; AppLovin revised; Closure, LegalShield accelerated

By Sara Rosenberg

New York, March 11 – TK Elevator upsized its U.S. term loan B and set pricing at the low end of talk, and tightened the original issue discount on the U.S. loan as well as on its euro term loan B, and then the U.S. term loan freed to trade on Monday.

Another deal to make its way into the secondary market during the session was Creative Artists Agency LLC’s repriced and incremental term loan B.

In more happenings, AppLovin Corp. reduced the size of its 2028 term loan B, firmed the spread on the debt as well as on its 2030 term loan B at the low end talk and set the original issue discount on the add-on 2030 tranche at the tight end of guidance, and Closure Systems International Group Inc. and LegalShield moved up the commitment deadlines for their term loans.

Also, LifePoint Health Inc., Kestra Advisor Services Holdings A Inc., Beacon Roofing Supply Inc., Entegris Inc., AZZ Inc., Barnes Group Inc., Koppers Inc., Chefs’ Warehouse Inc. (Dairyland USA Corp.), WS Audiology (Auris Lux III Sarl), Generation Bridge Northeast LLC, Topgolf Callaway Brands Corp., Columbus McKinnon Corp., Marriott Ownership Resorts Inc. and Univar Solutions (Windsor Holdings III LLC) all released price talk with launch.

© 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.