Top Right, Mitel Networks break; Air Medical, Concordia Healthcare, Tekni-Plex revise deals

By Sara Rosenberg

New York, April 13 – Top Right Group’s credit facility freed up for trading during Monday’s market hours, with the U.S. term loan B quoted above its original issue discount, and Mitel Networks Corp. hit the secondary as well.

Moving to the primary market, Air Medical Group Holdings Inc. upsized its term loan B, lowered pricing and revised guidance on the offer price, Concordia Healthcare Corp. reduced the size of its term loan B, tightened the spread and original issue discount and sweetened the call protection, and Tekni-Plex Inc. modified its term loan sizes while cutting pricing.

In addition, Trinseo Materials Operating S.C.A. released details on its credit facility with launch, US LBM disclosed original issue discount talk on its tack-on term loan, and 21st Century Oncology joined this week’s calendar.

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