North American Bancard, Aclara break; Coinmach, U.S. Anesthesia, ConvergeOne modify deals

By Sara Rosenberg

New York, June 15 – North American Bancard’s (NAB Holdings LLC) first-lien term loan made its way into the secondary market on Thursday, and Aclara Technologies LLC’s (Meter Readings Holding LLC) incremental senior secured term loan B freed up after an upsizing and change to the issue price.

In more happenings, Coinmach Services (Spin HoldCo Inc.) raised pricing on its term loan B, and U.S. Anesthesia Partners set the spread on its first-lien term loan at the low end of guidance, added a pricing step-down and tightened the original issue discount.

Also, ConvergeOne Holdings Corp. lifted the spread on its term loan B, widened the original issue discount and extended the call protection, and Exela Technologies, Oasis Outsourcing Holdings Inc., Virgin Media, Freedom Mortgage Corp. and Vestcom released price talk with launch.

Furthermore, MacDonald, Dettwiler & Associates Ltd. (MDA), PDC Brands (Parfums Holding Co. Inc.) and Aptean Inc. joined the near-term primary calendar.

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