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Herbalife, Sesac, Tradesmen, Sivantos, US Foods, Select Medical, Hemisphere Media break
By Sara Rosenberg
New York, Feb. 13 – Herbalife’s credit facility emerged in the secondary market on Monday, with the first-lien term loan trading above its original issue discount, and Sesac Holdings, Tradesmen International Inc., Sivantos Group (Auris Luxembourg III Sarl), US Foods Inc., Select Medical Holdings Corp. and Hemisphere Media Group Inc. freed up too.
Moving to the primary market, WaveDivision Holdings LLC lifted the spread on its term loan repricing and removed the Libor floor, and Infiltrator Water Technologies LLC changed the original issue discount on its incremental first-lien term loan.
Also, Neustar Inc., Solera Holdings Inc. and Ivanti Software Inc. released talk with launch, and Mallinckrodt International Finance SA, KeyPoint Government Solutions Inc., Wabash National Corp., CSP Technologies North America LLC, Formula 1 (Delta Topco Ltd.) and TriMark joined this week’s calendar.
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