Nord Anglia, BWAY, Quikrete break; IPS, SAI, LDiscovery, Eastern Power, Match tweak deals

By Sara Rosenberg

New York, Dec. 6 – Nord Anglia Education Inc., BWAY Holding Co. and Quikrete Co. all freed up for trading on Tuesday, and Deltek’s term loans were lower with news that the company is being acquired by Roper Technologies.

Meanwhile, in the primary market, IPS Corp. lifted pricing on its first- and second-lien term loans, widened the original issue discount on its first-lien debt, downsized its second-lien tranche while sweetening the call protection, and added a financial covenant to the transaction.

Also, SAI Global increased the spread on its term loan B, extended the call protection and modified covenants, and LDiscovery LLC widened pricing and original issue discounts on its first- and second-lien term loans in addition to a number of other changes.

Furthermore, Eastern Power LLC (TPF II Power LLC) tightened the original issue discount on its incremental term loan, and Match Group Inc. reduced pricing on its term loan B.

Additionally, Novolex (Flex Acquisition Co. Inc.), DigitalGlobe Inc., Information Resources Inc. and Vistra Operations Co. LLC released price talk with launch, Progrexion came out with original issue discount guidance on its add-on term loan, and Equinix Inc., West Corp. and MediaOcean LLC surfaced with new deal plans.

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