Therapy Brands breaks; Club Car, Cordis, SRAM revised; Sound Physicians tweaks timing

By Sara Rosenberg

New York, May 12 – Therapy Brands Holdings LLC finalized the spread on its first-lien term loan debt at the low side of talk, and then its first-and second-lien term loans hit the secondary market with levels quoted above their original issue discounts.

In more happenings, Club Car revised the issue price on its term loan and added a ticking fee, and Cordis (Bayou Intermediate II LLC) increased the size of its first-lien term loan B, firmed the spread at the low end of guidance and tightened the original issue discount.

Also, SRAM LLC modified spread talk and issue price on its term loan B, Sound Physicians accelerated the commitment deadline for its add-on term loan B, and MetroNet and Ascensus released price guidance with launch.

Furthermore, Camping World Holdings Inc., West Marine Inc. (Rising Tide Holdings Inc.), ProAmpac, Maximus Inc. and American Rock Salt Co. LLC joined this week’s primary calendar.

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