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IntraFi Network, UST Global break; Vantage opts to place second-lien; Echo revises deadline
By Sara Rosenberg
New York, Nov. 1 – IntraFi Network LLC (Nexus Buyer LLC) firmed the spread on its second-lien term loan at the low end of guidance and then freed to trade on Monday, and UST Global Inc.’s first-lien term loan made its way into the secondary market as well.
In more happenings, Vantage Elevator Solutions shifted its second-lien term loan to privately placed from a plan to syndicate the debt, Echo Global Logistics accelerated the commitment deadline for its first-lien term loan, and Holley Inc., United Natural Foods Inc., Apex Group and Watlow released price talk with launch.
Also, TransUnion LLC, PCI Pharma Services (Packaging Coordinators Midco Inc.), Parts Authority (PAI Holdco Inc.), Golden West Packaging Group LLC, KKR Real Estate Finance Trust Inc. (KREF Holdings X LLC) and Ultra Electronics joined this week’s primary calendar.
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