Wilsonart, Rexnord, Zodiac Pool, Oberthur, Masergy, IPS, LegalShield free to trade

By Sara Rosenberg

New York, Dec. 14 – A number of deals made their way into the secondary market on Wednesday, including Wilsonart LLC, Rexnord Corp., Zodiac Pool Solutions SAS, Oberthur Technologies Group SAS, Masergy Communications Inc. and IPS Corp.

Also, LegalShield (Pre-Paid Legal Services Inc.) finalized the original issue discount on its incremental first-lien term loan B at the tight end of guidance, and then the first-lien loan and an incremental second-lien term loan freed up for trading too.

In other happenings, Virgin Media came out with a second upsizing to its term loan I, and Casa Systems firmed the spread on its term loan B at the wide end of talk and sweetened the call protection.

Additionally, Global Eagle Entertainment Inc. extended the commitment deadline on its credit facility, and Consolidated Communications Inc. accelerated the commitment deadline on its incremental term loan B-2.

Furthermore, Equinix Inc. moved up the commitment deadline on its repricing transaction and upsized its new euro term loan B while tightening the issue price.

Calpine Corp. launched on Wednesday an extension of its $1.58 billion first-lien term loan B-5 (Ba2/BB) to January 2024 from May 2022, according to a market source.

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