Avolon, Tamko, Twin River, BGIS, Charter NEX, Midcoast free up; Wells, GlobalTranz revised

By Sara Rosenberg

New York, May 3 – Avolon set the spread on its term loan at the wide end of guidance and the issue price at the tight side of talk, and Tamko Building Products Inc. lowered pricing on its term loan B, added a step-down and tightened the original issue discount, and then both companies’ debt began trading on Friday.

Also, Twin River Management Group Inc. reduced the size of its term loan B before breaking for trading, and deals from BGIS (Brookfield Global Integrated Solutions), Charter NEX US Inc. and AL Midcoast Holdings LLC hit the secondary market too.

In more happenings, Wells Enterprises Inc. modified the original issue discount on its add-on term loan, and GlobalTranz Enterprises Inc. set pricing on its term loan debt at the high end of talk and widened the issue price.

Furthermore, Alliant Holdings Intermediate LLC moved up the commitment deadline for its incremental term loan B, and FirstLight Fiber (Flight Bidco Inc.) released price talk on its incremental term loans with launch, and Globalfoundries and BioScrip/Option Care Enterprises Inc. joined the near-term primary calendar.

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