Tower Automotive, VIP Cinema break; Neustar, CBS Radio, SeaWorld, Internet Brands revised

By Sara Rosenberg

New York, March 1 – Tower Automotive Holdings USA LLC firmed the spread on its term loan B at the tight side of guidance, and then the debt broke for trading on Wednesday, and VIP Cinema’s credit facility hit the secondary market as well.

In more happenings, Neustar Inc. moved some funds between its first-lien term loan B-2 and second-lien term loan and updated pricing on those tranches as well as on its first-lien term loan B-1, and CBS Radio Inc. lowered pricing on its term loan B, modified the issue price and revised the ticking fee.

Also, SeaWorld Entertainment Inc. upsized its term loan B-5 while setting the spread at the tight side of talk and dropped plans for a term loan B-4, and Internet Brands Inc. increased the size of its incremental term loan and revised the original issue discount.

Additionally, Lumileds (Bright Bidco BV), Foresight Energy LLC, Arctic Glacier LLC, Cole-Parmer Instrument Co., Ineos Styrolution Group GmbH and Boyd Gaming Corp. disclosed price talk with launch.

Furthermore, Univision Communications Inc., Summit Midstream Partners Holdings LLC, Big Jack’s Holdings LP (Jack’s Family Restaurant), RPI Finance Trust (Royalty Pharma), Western Digital Corp., PPC Industries and Lakeview Loan Servicing LLC surfaced with new deal plans.

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