CommerceHub, Flexera, PointClickCare break; KIK Consumer, DXP Enterprises tweak deals

By Sara Rosenberg

New York, Dec. 16 – CommerceHub Inc. lowered spreads and tightened original issue discounts on its first-and second-lien term loans, and then the debt made its way into the secondary market late in the session on Wednesday.

Also, Flexera Software LLC firmed the issue price on its incremental first-lien term loan at the tight end of revised guidance before freeing up for trading, and PointClickCare’s first-lien term loan B broke as well.

In more happenings, KIK Consumer Products (Kronos Acquisition Holdings Inc.) lowered the spread on its term loan B, trimmed the Libor floor and revised the original issue discount.

Furthermore, DXP Enterprises Inc. reduced pricing on its first-lien term loan B and modified the issue price, Lakeview Loan Servicing LLC downsized its funded term loan A, and ExamWorks LLC approached lenders with an add-on term loan B.

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