LANDesk, Hearthside price talk surfaces; 1-800 Contacts, Travel, Berry, Petco, Delos on deck

By Sara Rosenberg

New York, Jan. 4 – In the primary market on Wednesday, LANDesk Software Group Inc. and Hearthside Group Holdings LLC came out with price talk on their new loan transactions in connection with their launches.

Also, 1-800 Contacts Inc. (CNT Holdings III Corp.) emerged with first-lien term loan repricing plans, and Travel Leaders Group LLC, Berry Plastics Group Inc., Petco Animal Supplies Inc. and Delos Finance Sarl joined this week’s calendar.

1-800 Contacts scheduled a lender call for 1 p.m. ET on Thursday to launch a repricing of its $496 million covenant-light first-lien term loan (B1/B) due Jan. 22, 2023, according to a market source.

Travel Leaders Group set a lenders’ presentation for 2 p.m. ET on Thursday to launch a $425 million senior secured credit facility, according to a market source.

Berry Plastics scheduled a lender call for 11 a.m. ET on Thursday to launch a new loan deal, for which Citigroup Global Markets Inc. is the left lead arranger, a source said.

Petco Animal Supplies set a lender call for noon ET on Thursday to launch a new loan transaction, according to a market source.

Delos Finance surfaced with plans to hold a lender call at 10:30 a.m. ET on Thursday, a market source remarked.

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