Aristocrat, Milk Specialties, On Assignment, Infiltrator, Datapipe, Safway, Engility break

By Sara Rosenberg

New York, Aug. 4 – Deals from Aristocrat Leisure Ltd., Milk Specialties Global, On Assignment Inc. and Infiltrator Water Technologies LLC made their way into the secondary market on Thursday.

Aristocrat’s $1.07 billion first-lien term loan was seen at 100 1/8 bid, 100½ offered.

Milk Specialties’ $475 million first-lien term loan was quoted at 99 7/8 bid, 100 3/8 offered on the break and then it moved up to par bid, 100½ offered.

On Assignment’s roughly $700 million term loan B was quoted at par bid, 100½ offered.

Infiltrator’s $242.5 million first-lien term loan was quoted at par bid, 100½ offered.

Datapipe Inc.’s incremental term loans also began trading, with the $95 million incremental first-lien term loan quoted at 99½ bid, 100¼ offered and the $20 million incremental second-lien term loan quoted at 98½ bid, 99½ offered.

Also, Safway Group Holding LLC increased the size of its term loan B, and Engility Corp. upsized its term loan B-2 and reduced the spread on its term loan B-1, and then both deals freed up for trading too.

ION Trading Finance Ltd. established its add-on term loan as all euro denominated, lowered the spread and revised the original issue discount, and Oasis Outsourcing Holdings Inc. accelerated the commitment deadline on its incremental term loan.

Additionally, WideOpenWest Finance LLC, NEW Asurion Corp. and Headwaters Inc. came out with price talk on their loan transactions, and Medical Depot Inc. emerged with new deal plans.

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