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Output Services, GreenSky, Chemours break; McDermott, HealthChannels, Rocket revise deals
By Sara Rosenberg
New York, March 26 – Output Services Group Inc. (OSG Billing Services) saw its credit facilities hit the secondary market on Monday, GreenSky LLC’s term loan B began trading following an upsizing and finalization of the spread at the low end of talk, and Chemours Co. broke after updating pricing on its debt and upsizing its euro term loan.
In more happenings, McDermott International Inc. reduced the size of its term loan, widened the spread and original issue discount and sweetened the call protection, and HealthChannels Inc. raised pricing on its term loan and adjusted the call premium.
Also, Rocket Software Inc. set the spread on its incremental first-lien term loan and repriced term loan at the low side of guidance and tightened the original issue discount on the incremental piece, and Loparex International Holding BV accelerated the commitment deadline on its credit facilities.
Furthermore, Consilio + Advanced Discovery (GI Revelation Acquisition LLC), SBA Communications Corp., Arch Coal Inc. and Townsquare Media Inc. released price talk with launch, and EmployBridge LLC, Ceridian HCM and Aspen Dental Management Inc. joined this week’s primary calendar.
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