Vertiv, Matador, LifePoint, APX/Vivint, Block, Kymera break, Floor & Decor cuts pricing

By Sara Rosenberg

New York, Feb. 11 – Vertiv Group Corp. firmed the spread on its term loan B at the low end of guidance and Matador Bidco set the issue price on its incremental term loan B at the tight end of revised talk, and then both of these deals freed to trade on Tuesday.

Also, LifePoint Health Inc. tightened the issue price on its incremental term loan B, and APX/Vivint revised its term loan size again, firmed the spread at the high end of revised talk and finalized the original issue discount at the tight side of revised guidance, before breaking for trading.

Furthermore, Block Communications Inc. set pricing on its term loan B at the low end of guidance and the made its way into the secondary market during the session, and Kymera International’s incremental first-lien began trading as well.

In more happenings, Floor & Decor lowered the spread on its first-lien term loan, and Informatica LLC and ACProducts Inc. accelerated the commitment deadlines for their loan transactions.

Additionally, American Express Global Business Travel, Innovative XCessories & Services LLC, Circor International Inc., Sabre Industries, PetVet Care Centers LLC and Aptean disclosed price talk with launch, and NorthRiver Midstream (Grizzly) surfaced with new deal plans.

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