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Published on 4/12/2024 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Buyers Edge, Utz, Savage, SUSE, Advantage, Flexera, Anticimex break; Rocket accelerated

By Sara Rosenberg

New York, April 12 – Buyers Edge Platform increased the size of its term loan B, trimmed the spread and finalized the issue price at the tight side of guidance, Utz Quality Foods LLC set pricing on its term loan B at the high end of talk, and Savage Enterprises LLC modified the original issue discount on its incremental first-lien term loan B, and then these deals freed to trade on Friday.

Also, before breaking for trading, SUSE (Marcel BidCo) firmed the spread on its euro term loan at the low end of talk, and Advantage Sales & Marketing Inc. finalized the spread on its term loan B at the high side of guidance.

Other deals to make their way into the secondary market on Friday included Flexera Software LLC and Anticimex Inc.

In more happenings, Rocket Software Inc. accelerated the commitment deadline for its U.S. and euro term loan B, and TRC Cos. LLC (Energize Holdco) joined the near-term primary calendar.


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