Syniverse breaks; TerraForm, Pixelle revised; Bombardier pulled; Polyconcept changes timing

By Sara Rosenberg

New York, May 10 – Syniverse Holdings LLC’s term loan B made its way into the secondary market on Tuesday, with the debt bid in line with its original issue discount.

In other news, TerraForm Power finalized pricing on its first-lien term loan at the low end of talk, and Pixelle (Spectrum Group Buyer Inc.) set the spread on its first-lien term loan B at the high end of guidance, raised the floor, sweetened the call protection and shortened the maturity.

Also, Bombardier Recreational Products Inc. (BRP Inc.) withdrew its incremental term loan from market, and Polyconcept accelerated the commitment deadline for its term loan B.

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