INC Research, American Addiction, Clean Harbors break; multiple deal changes surface

By Sara Rosenberg

New York, June 28 – Deals from INC Research Holdings Inc. and American Addiction Centers (AAC Holdings Inc.) freed up for trading on Wednesday and Clean Harbors Inc. broke after the issuer tightened the spread and issue price on its term loan B.

In other news, PDC Brands (Parfums Holding Co. Inc.) upsized its first-lien term loan and updated spreads, original issue discounts and call premiums on the first-lien loan as well as on its second-lien term loan and Ascend Learning LLC finalized pricing on its term loan at the low end of guidance and added a leverage-based step-down.

Also, Canam Steel Corp. (Canaveral Holdings B Inc.) increased the size of its term loan, lifted the spread, modified the issue price and sweetened the call protection, and Constellis Holdings LLC modified the original issue discount on its incremental first-lien term loan.

Furthermore, NFP Corp. revised the issue price on its add-on term loan B, Central Security Group Inc. set the original issue discount on its incremental first-lien term loan at the wide side of talk and Exela Technologies pushed out the commitment deadline on its term loan B by a few hours.

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