Solera, Sovos Brands break; Oravel, Protective Industrial, Aimbridge updates surface

By Sara Rosenberg

New York, June 3 – Solera finalized original issue discounts on its euro and pound sterling term loans at the tight end of revised talk, and freed to trade its U.S. term loan on Thursday morning, and Sovos Brands Intermediate Inc.’s first-lien term loan broke as well.

In more happenings, Oravel Stays Private Ltd. increased the size of its term loan B, trimmed pricing and finalized the issue price at the tight side of guidance, Protective Industrial Products Inc. firmed the issue price on its incremental term loan B at the tight end of talk, and Aimbridge Hospitality set the spread on its term loan B at the low end of guidance.

Additionally, Madison IAQ, Prestige Brands Inc., Osmose Utilities Services, Colibri and Nuvei Corp. released price talk with launch, and MaxLinear Inc. joined the near-term primary calendar.

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