Terex, A Wireless break; Nature’s Bounty, Staples, Novolex, Gardner Denver, Engine updated

By Sara Rosenberg

New York, Aug. 14 – Terex Corp.’s term loan made its way into the secondary market on Monday above its issue price, and A Wireless’ incremental term loan freed up for trading following an upsizing.

Also, Nature’s Bounty Co. (Alphabet Holding Co. Inc.) moved some funds between its first-and second-lien term loans and updated pricing, and Staples Inc. lifted the size of its term loan for a second time and modified spread and original issue discount talk.

In addition, Novolex (Flex Acquisition Co. Inc.) set pricing on its term loan at the high end of talk, and Gardner Denver Inc. modified the issue price on its U.S. and euro term loans and reduced the spread on the euro tranche.

Furthermore, Engine Group raised pricing on its first-and second-lien term loans, widened the discount on the second-lien tranche and sweetened the call protection on the first-lien loan, and Grosvenor Capital Management accelerated the commitment deadline on its add-on term loan.

© 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.