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Fitness International breaks; Elanco, Catalent loans rise; Waystar updated; GoodRx pulled
By Sara Rosenberg
New York, Feb. 5 – Fitness International LLC lifted the spread on its term loan B and finalized the original issue discount at the wide end of guidance, and then the debt made its way into the secondary market on Monday.
Also, Elanco Animal Health Inc.’s term loan B headed higher in trading following news that the debt would be paid down with proceeds from the sale of the company’s aqua business, and Catalent Inc.’s term loan rose as the company announced it is being purchased by Novo Holdings.
In more happenings, Waystar tightened the original issue discount on its first-lien term loan, and GoodRx withdrew its term loan B from market.
Furthermore, PlayCore, Genesys, Kantar, Alterra Mountain Co. and Service Logic released price talk in connection with their lender calls, and Trulite Holding Corp. joined this weeks’ new-issue calendar.
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