BlackBrush Oil & Gas breaks; Dave & Buster’s, Sinclair, Correct Care, Osmose tweak deals

By Sara Rosenberg

New York, July 21 – BlackBrush Oil & Gas’ (BBOG Borrower LP) second-lien term loan emerged in the secondary market on Monday, with levels quoted above its original issue discount.

BlackBrush Oil & Gas’ $300 million seven-year second-lien term loan broke for trading on Monday, with levels quoted at par ¼ bid, par ¾ offered, according to a market source.

Over in the primary, Dave & Buster’s Inc. trimmed pricing on its term loan B, added a leverage-based step-down and changed the original issue discount, and Sinclair Television Group Inc. set the spread on its loan at the wide end of talk while adjusting the offer price.

Also, Correct Care Solutions (CCS Intermediate Holdings LLC) reduced pricing on its first-lien term loan and modified the original issue discount, and Osmose Holdings Inc. upsized its term loan while tightening the spread and offer price.

In addition, iParadigms Holdings LLC moved up the commitment deadline on its credit facility, and Quorum Business Solutions and CCM Merger Inc. (MotorCity Casino Hotel) released price talk with launch.

Furthermore, Aircell Business Aviation Services LLC (Gogo) and Linn Energy LLC emerged with and launched new loans, Platform Specialty Products Corp. (MacDermid Inc.) disclosed timing and an updated structure on its deal, and Zest Holdings LLC joined this week’s calendar.

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