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Electro, Microsemi, Rovi, Service King, Avaya break; Grifols, Vistra, TransUnion revised
By Sara Rosenberg
New York, Jan. 23 – Electro Rent Corp. lifted pricing on its first-lien term loan, widened the original issue discount and extended the call protection, and Microsemi Corp. upsized its term loan B and finalized pricing at the tight end of guidance, and then both deals made their way into the secondary market, and Rovi Solutions Corp., Service King Collision Repair Centers and Avaya Inc. freed up too.
In more happenings, Grifols trimmed the spread on its term loan B, and Vistra Operations Co. LLC tightened the issue price on its term loan B and term loan C repricing.
Also, TransUnion LLC removed the Libor floor from its term loan B-2 and set the issue price at the tight side of talk, and Atotech BV and Caliber Collision accelerated the commitment deadlines on their credit facilities.
In addition, SolarWinds Inc., Zekelman Industries, ProQuest LLC, Gray Television Inc., Pinnacle Foods Finance LLC, Polycom Inc. and PrimeSource Building Products (PriSo Acquisition Corp.) released price talk with launch.
Furthermore, Apple Leisure Group, Tradesmen International Inc., Limetree Bay Terminals LLC, iStar Inc., RadNet Management Inc., Homer City Generation LP and UFC Holdings LLC joined this week’s primary calendar.
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