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Published on 2/3/2022 in the Prospect News CLO Daily and Prospect News High Yield Daily.

McAfee, Prince, Physician Partners, Apex, White Cap break; Scientific Games, Caldic revised

By Sara Rosenberg

New York, Feb. 2 – McAfee Corp. upsized its term loan B debt, and finalized U.S. and euro tranche sizes and pricing, Prince International Corp. (PMHC II Inc.) set the spread on its first-lien term loan at the low end of guidance, and Physician Partners LLC firmed pricing on its first-lien term loan at the narrow side of talk, and then these deals freed to trade on Thursday.

Also, Apex Tool Group LLC set the spread and original issue discount on its first-lien term loan at the tight end of guidance before breaking for trading, and White Cap Supply Holdings LLC’s term loan B hit the secondary market as well.

In other news, Scientific Games Lottery revised its U.S. and euro term loan sizes, finalized spreads and adjusted the original issue discount on the U.S. tranche, and Caldic BV upsized its U.S. and euro term loan B, updated spreads and modified issue price talk.

Additionally, Ontic (Bleriot US Bidco Inc.) accelerated the commitment deadline for its incremental first-lien term loan, The Knot released price talk with launch, and Magnate Worldwide LLC joined the near-term primary calendar.


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