CPG, Authentic Brands, Whole Earth break; Rackspace, Janus, Pretium, Paraxel updates emerge

By Sara Rosenberg

New York, Feb. 2 – CPG International LLC (AZEK) firmed the spread on its first-lien term loan at the tight end of guidance before freeing up for trading on Tuesday, and deals from Authentic Brands Group LLC and Whole Earth Brands Inc. surfaced in the secondary market as well.

In other news, Rackspace Technology Global Inc. increased the size of its first-lien term loan and finalized pricing at the low end of talk, and Janus International Group raised pricing on its term loan B-1, revised the step-down and modified the Libor floor.

Also, Pretium Packaging (Pretium Pkg Holdings Inc.) raised pricing on its incremental first-lien term loan and revised the call protection, and cancelled plans to reprice its existing first-lien term loan, Parexel International Corp. shifted to an add-on term loan from a refinancing of its existing term loan, and Klockner Pentaplast accelerated the commitment deadline for its term loan.

Furthermore, Qlik Technologies Inc. (Project Alpha Intermediate Holding Inc.), Wheel Pros Inc., Cotiviti Inc. and Ascend Performance Materials announced price talk with launch.

Additionally, Gainwell Technologies, Aptean, Ontic (Bleriot US Bidco Inc.), Franchise Group Inc. and Form Technologies joined this week’s primary calendar.

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