TransDigm dips with new loan launch; Valeant rises; United Site, Constellis set changes

By Sara Rosenberg

New York, Aug. 8 – TransDigm Inc. saw its terms loans soften in trading on Tuesday with the launch of a new term loan G, and Valeant Pharmaceuticals International Inc. was stronger after the release of second quarter numbers.

Moving to the primary market, United Site Services increased its first-and second-lien term loan sizes, trimmed spreads, added a step-down and tightened the original issue discount on the second-lien tranche, and Constellis Holdings LLC upsized its incremental term loan.

In addition, Innoviva Inc., ATI Holdings Acquisition Inc. and BBB Industries LLC moved up the commitment deadlines on their term loans.

Also, Parexel International Corp., E.W. Scripps Co. and Curo Health Services Holdings Inc. disclosed talk with launch, and Eastern Power LLC, Affinity Gaming, Grosvenor Capital Management, A Wireless and RentPath Inc. emerged with new deal plans.

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