Horizon Pharma breaks; Red Ventures, Resolute Investment, Xplornet tweak loan deals

By Sara Rosenberg

New York, Oct. 17 – Horizon Pharma Inc. moved up the commitment deadline on its term loan B and then the debt freed up for trading on Tuesday afternoon with levels quoted above its issue price.

In more happenings, Red Ventures set the original issue discount on its second-lien term loan at the tight end of revised talk, Resolute Investment Managers trimmed the spread on its term loan, and Xplornet Communications Inc. upsized its add-on term loan B.

Also, Lumos Networks Corp. (MTN Infrastructure TopCo Inc.), Argon Medical Devices Holdings Inc., Orion Engineered Carbons, Sterigenics-Nordion Holdings LLC and ConvergeOne Holdings Corp. disclosed talk with launch.

In addition, Cypress Performance Group, Micron Technology Inc. and Ravago Holdings America Inc. emerged with new deal plans.

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