Tibco, FleetCor, Leidos free up; LANDesk, Travel Leaders, NRG, SunGard, Gemini set changes

By Sara Rosenberg

New York, Jan. 18 – Tibco Software Inc. and FleetCor Technologies Inc. saw their repriced term loans begin trading on Wednesday after pricing on both deals firmed at the low end of talk, and Leidos Innovations Corp. moved up the commitment deadline on new money commitments for its term loan B, allowing the debt to hit the secondary market by late day.

In more happenings, LANDesk Software Group Inc. moved some funds from its second-lien term loan to its first-lien term loan and updated pricing on the debt, and Travel Leaders Group LLC increased the size of its term loan and tightened the spread and issue price.

Also, NRG Energy Inc. changed the issue price on its term loan B, SunGard Public Sector upsized its first-lien term loan, lowered spreads on its first-and second-lien term debt, and tightened the issue price on its second-lien tranche, and Gemini HDPE LLC reduced pricing on its term loan B.

Furthermore, TKC Holdings Inc., BJ’s Wholesale Club Inc., Onvoy LLC, Array Canada Inc., Caliber Collision, Builders FirstSource Inc., Acelity LP Inc., Continental Building Products Operating Co. LLC, Time Manufacturing Co. and Electrical Components International Inc. released additional details on their new deals with launch.

In addition, Lionbridge Technologies Inc. came out with timing on the bank meeting for its credit facility, and Pilot Travel Centers LLC, Ravago Holdings America Inc. and Telesat Canada joined this week’s calendar.

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