Howden, Core & Main, Covanta, ION, Copeland, PlayAGS, SAIC, Renaissance Learning break

By Sara Rosenberg

New York, Feb. 2 – Howden Group Holdings Ltd. reduced the size of its U.S. term loan and set the spread at the high end of talk, and increased the size of its euro term loan while tightening the issue price on the tranche, and Core & Main Inc. finalized pricing on its incremental term loan B at the low end of guidance, and then these deals freed to trade on Friday.

Also, before breaking for trading, Covanta modified the original issue discount on its incremental term loan B, and ION Markets upsized its incremental term loan and widened the spread and issue price, and terminated plans for a repricing of its existing first-lien term loan.

Other deals to make their way into the secondary during market hours included Copeland, PlayAGS Inc. (AP Gaming I LLC), Science Applications International Corp. (SAIC) and Renaissance Learning Inc.

In more happenings, Artera Services LLC and TenCate Grass Holding BV (Touchdown Acquirer Inc.) moved up the commitment deadlines for their term loan transactions, and PlayCore joined the near-term primary calendar.

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