Presidio, Westinghouse break; Sophos, LifePoint Health, ASM Global, OneDigital tweak deals

By Sara Rosenberg

New York, Jan. 15 – Presidio Holdings Inc. set the spread on its term loan B at the low end of revised talk and then freed up for trading on Wednesday, and Westinghouse’s (Brookfield WEC Holdings Inc.) term loan surfaced in the secondary market as well.

In other news, Sophos moved some funds between its first-and second-lien term loans and tightened the spread and original issue discount on its first-lien debt, and LifePoint Health Inc. trimmed pricing on its term loan B.

Also, ASM Global (SMG) reduced the spread on its incremental first-lien term loan and modified the issue price, OneDigital changed the original issue discount on its incremental first-lien term loan, and Zekelman Industries and First Advantage accelerated the commitment deadlines for their term loans.

Furthermore, Grocery Outlet Inc. (GOBP Holdings Inc.), Iridium Satellite LLC, Knowlton Development Corp. (KDC/ONE) and Cable & Wireless Communications Ltd. released price talk with launch, and Lineage Logistics LLC and Pixelle Specialty Solutions LLC joined this week’s primary calendar.

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