SRS Distribution, Hilton Grand, Ensono, Academy, Frontdoor, Global Healthcare break

By Sara Rosenberg

New York, May 20 – SRS Distribution Inc. upsized its term loan B, cut the spread and firmed the issue price at the middle of guidance, and Hilton Grand Vacations finalized pricing and original issue discount on its term loan B at the tight side of talk, and then both of these deals freed to trade on Thursday.

Also, before breaking, Ensono Holdings LLC increased the size of its first-lien term loan B, and set the spread at the low end of talk and the original issue discount at the wide side of guidance, Academy Ltd. (Academy Sports & Outdoors) trimmed pricing on its first-lien term loan, and Frontdoor Inc. downsized its term loan B, finalized the spread at the narrow end of talk and tightened the issue price, and upsized its term loan A.

Another deal to make its way into the secondary market during the session was Global Healthcare Exchange LLC.

In more happenings, Ascensus reduced pricing on its first-lien term loan and firmed the issue price at the tight end of talk, and Rocket Software Inc. modified the Libor floor on its U.S. incremental first-lien term loan B and widened original issue discounts on the U.S. debt as well as on its euro first-lien term loan.

Additionally, ProAmpac set the issue price on its term loan at the wide end of guidance, and Insight Global (IG Investments Holdings LLC) moved up the commitment deadline for its incremental first-lien term loan.

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