Warner, Horizon, Husky, Forterra, Kronos break; Serta, Suddenlink, SCA, Pro Mach revised

By Sara Rosenberg

New York, Oct. 20 – Warner Music Group increased the size of its first-lien term loan, and Horizon Pharma Inc. finalized the spread on its incremental term loan at the high end of revised guidance, and then both deals made their way into the secondary market on Thursday.

Also, Husky Injection Molding Systems Ltd. tightened the original issue discount on its add-on first-lien term loan and then broke for trading, and Forterra Finance LLC and Kronos Inc. freed up too.

In other happenings, Serta Simmons Holdings LLC upsized its first-lien term B and downsized its second-lien term loan, and Suddenlink Communications set the spread on its term loan B at the tight side of talk and modified the issue price.

Additionally, Surgical Care Affiliates Inc. (SCA) upsized its term loan, and Berlin Packaging LLC tightened the issue price on its incremental term loan B.

Furthermore, Pro Mach Inc. set the original issue discount on its add-on first-lien term loan B at the tight end of guidance, and Varsity Brands Inc. accelerated the commitment deadline on its add-on first-lien term loan.

And, Accuride Corp. and American Casino & Entertainment Properties disclosed price talk with launch, Hoffmaster Group Inc. came out with timing on its bank meeting, and Quikrete Cos., Advanced Disposal Services Inc., Safway Group Holding LLC, BroadStreet Partners Inc. and AMC Entertainment Holdings Inc. joined the near-term new issue calendar.

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