Jazz, Wells Fargo, Signature, FleetCor, Parts Authority break; Resonetics changes emerge

By Sara Rosenberg

New York, April 22 – Jazz Pharmaceuticals plc increased the size of its U.S. and euro term loan B, firmed pricing at the low end of talk and set the issue price at the tight side of guidance, and Wells Fargo Asset Management (Zebra Buyer LLC) trimmed the spread on its first-lien term loan B, added step-downs and revised the original issue discount, and then these deals freed up for trading on Thursday.

Also, before breaking for trading, Signature Aviation plc finalized the size of its term loan B, flexed pricing lower and firmed the original issue discount at the middle of talk, FleetCor Technologies Inc. reduced pricing on its term loan B, and Parts Authority (PAI Holdco Inc.) changed the issue price on its incremental first-lien term loan.

In more happenings, Resonetics LLC upsized its first-lien term loan, firmed the spread at the low end of talk and modified the original issue discount, and downsized its second-lien term loan, and Wheel Pros Inc. made some covenant changes to its first-lien term loan.

Furthermore, Aristocrat Leisure Ltd. opted to delay the launch of its term loan B to an unidentified later date, and Allied Universal, Duravant LLC (Engineered Machinery Holdings Inc.) and Idera Inc. released price talk with launch.

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