Kloeckner Pentaplast, Element Materials break; Staples, Trinseo, Aspen, Nellson update deals

By Sara Rosenberg

New York, April 22 – Kloeckner Pentaplast’s credit facility freed up for trading on Wednesday, with the U.S. term loan seen above its original issue discount, and Element Materials Technology surfaced in the secondary as well.

Switching to the primary market, Staples Inc. firmed pricing on its term loan B at the low end of revised guidance, and Trinseo Materials Operating SCA upsized its term loan B while tightening the spread and original issue discount.

In addition, Aspen Dental Management Inc. lifted its term loan size, trimmed pricing, changed the original issue discount and extended the call protection, and Nellson Nutraceutical LLC increased the size of its add-on term loan and modified the offer price.

Also, Chemours Co., MJ Acquisition Corp., eResearchTechnology Inc. and J. Jill disclosed talk with launch, McGraw-Hill Global Education Holdings LLC brought a repricing to market, and RadNet Inc. surfaced with new loan plans.

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