PODS, Edelman, ThoughtWorks, Verra, Precisely, WEX, Evoqua, WildBrain, MBCC and more break

By Sara Rosenberg

New York, March 19 – PODS LLC increased the size of its covenant-lite first-lien term loan B, Edelman Financial Engines (Edelman Financial Center LLC) raised pricing on its first-lien term loan debt and lifted the Libor floor, and ThoughtWorks Inc. set the spread on its first-lien term loan at the low end of talk, added a step-down and revised the original issue discount, and then these deals freed up for trading on Friday.

Also, Verra Mobility Corp. lifted pricing on its term loan, Precisely finalized spreads on its first-and second-lien term loans at the high end of talk, WEX Inc. changed the original issue discount on its term loan B, Evoqua Water Technologies downsized its term loan and set pricing at the high end of guidance, and WildBrain lifted its term loan B size, widened the issue price and extended the call protection, and these deals started trading too.

Additionally, MBCC Group finalized the issue price on its euro term loan B and Veritas Technologies set the issue price on its U.S. term loan B, both at the tight side of adjusted guidance, before breaking for trading, and deals from Orion Advisor Solutions (GT Polaris Inc.) and Wilsonart LLC emerged in the secondary market as well.

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