Solera, CPM break; VC GB, National Veterinary, WME IMG, Wall Street, ION Trading tweak

By Sara Rosenberg

New York, Feb. 22 – Solera Holdings Inc.’s U.S. term loan hit the secondary market on Wednesday above its issue price, and CPM Acquisition Corp.’s term loan B began trading after the spread finalized at the low end of guidance.

In more happenings, VC GB Holdings Inc. moved some funds between its first- and second-lien term loans, tightened the spread and original issue discount on the first-lien tranche, and set pricing on the second-lien tranche at the low side of talk.

Also, National Veterinary Associates revised issue prices for new money commitments on its term loan B-2 and its add-on second-lien term loan, and WME IMG LLC upsized its add-on first-lien term loan B.

Additionally, Wall Street Systems Inc. downsized its U.S. term loan while lifting pricing and upsized its euro term loan, ION Trading Finance Ltd. opted for less U.S. first-lien term loan debt in favor of more euro term loan borrowings, and Arch Coal Inc. accelerated the commitment deadline on its term loan B.

Furthermore, Epic Health Services/PSA Healthcare, CBS Radio Inc., CPI International Inc., Goodyear Tire & Rubber Co. and Affinity Gaming released price talk with launch, and Atrium Innovations Inc. came out with details on its new loan.

And, Quintiles IMS Inc., Warrior Met Coal Intermediate Holdco LLC, Restaurant Brands International Inc., Cologix Holdings Inc., Trader Corp., Manitowoc Foodservice Inc., Aspen Dental (ADMI Corp.), Equinox Holdings Inc. and Navex Global joined this week’s new issue calendar.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.