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Griffon, Addison Group, NAB, Liberty Tire break; Arxada, System One changes surface
By Sara Rosenberg
New York, Jan. 19 – Griffon Corp. lowered the spread on its term loan B for a second time and adjusted the original issue discount, and Addison Group modified pricing on its term loan B, added a step-down and revised the issue price, and then these deals freed to trade on Wednesday.
Also, before breaking for trading, North American Bancard (NAB Holdings LLC) firmed the original issue discount on its incremental first-lien term loan at the tight end of guidance, and Liberty Tire Recycling LLC (LTR Intermediate Holdings Inc.) changed the issue price on its add-on term loan B.
In more happenings, Arxada (Herens US Holdco Corp.) firmed the split of its U.S. and euro add-on term loan B and updated the original issue discount, and System One Holdings LLC tightened the issue price on its add-on term loan.
Furthermore, Bausch Health Cos. Inc., Alight Solutions, AssuredPartners Inc., Physician Partners LLC, Novae LLC, AHF Products LLC, East West Manufacturing and Precisely released price talk with launch.
Additionally, Prince International Corp. (PMHC II Inc.), Bakelite Synthetics, Emerald EMS and Athletico Physical Therapy joined this week’s primary calendar.
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