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Switch breaks; McAfee/FireEye, Viad, SVP updates emerge; Atlantic, Tekni-Plex accelerated
By Sara Rosenberg
New York, July 26 – Switch saw its term loan B make its way into the secondary market on Monday, with levels quoted above its original issue discount.
Meanwhile, in the primary market, McAfee Enterprise/FireEye Products updated original issue discount talk on its incremental first-lien term loan B, and Viad Corp. widened the spread and issue price on its term loan B.
Also, SVP Worldwide increased the size of its term loan B, raised pricing, modified the original issue discount and sweetened the call protection, and Atlantic Broadband (Cogeco Financing 2 LP) and Tekni-Plex Inc. (Trident TPI Holdings Inc.) moved up the commitment deadlines for their term loans.
In addition, UDG Healthcare/Huntsworth, Standard Industries Inc., Waterlogic Group Holdings Ltd., Midcoast (East Texas) LLC, Ring Container Technologies Group, Ardent Health Services (AHP Health Partners Inc.), Wahoo Fitness Holdings LLC and Eyemart Express LLC released price talk with launch.
Furthermore, Bally’s Corp., Colibri, Avolon, Cloudera Inc. and Eastman Tire Additives joined this week’s primary calendar.
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