Valet, Tortoise, Ultra Clean, SUSE, PS free up; Envision, National Response revise deals

By Sara Rosenberg

New York, Sept. 27 – Valet Living firmed pricing on its term loan at the low end of guidance, added a step-down and adjusted the original issue discount, and Tortoise Investments LLC upsized its add-on term loan and adjusted the issue price, and then both of these deals broke for trading on Thursday.

Other loan transactions to make their way into the secondary market during the session included Ultra Clean Holdings Inc., SUSE (Marcel BidCo) and PS Logistics (PS HoldCo LLC).

In more happenings, Envision Healthcare Corp. increased the size of its term loan B, reduced the spread, added a step-down and modified the issue price, and National Response Corp. tightened the original issue discount on its incremental term loan.

Also, Bomgar Corp. accelerated the commitment deadline on its incremental first-lien term loan, NEP Group Inc. disclosed price talk with launch, and United Natural Foods Inc. joined the near-term primary calendar.

© 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.