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Inspire, Mirion, First Brands, Arterra, Potters free to trade; American Bath changes emerge
By Sara Rosenberg
New York, Nov. 19 – Inspire Brands Inc. (IRB Holding Corp.) reduced the spread on its first-lien term loan B, and Mirion Technologies Inc. increased the size of its add-on first-lien term loan B and tightened the original issue discount, and then both of these deals broke for trading on Thursday.
Also, First Brands Group LLC firmed the original issue discount on its incremental first-lien term loan at the tight end of talk before hitting the secondary market, and deals from Arterra Wines Canada Inc. and Potters Industries LLC freed up as well.
In more happenings, American Bath Group LLC (CP Atlas Buyer Inc.) went back to its original funded and delayed-draw structure, firmed pricing at the low end of guidance, added a step-down and adjusted the issue price, and Duff & Phelps accelerated the commitment deadline for its incremental first-lien term loan B.
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