Level 3, Sensata, Cinemark, Metaldyne, Compusearch break; primary activity grows

By Sara Rosenberg

New York, May 6 – Level 3 Financing Inc., Sensata Technologies BV, Cinemark USA Inc., Metaldyne Performance Group Inc. and Compusearch all saw their deals free up for trading during Wednesday’s market hours.

And, in more secondary happenings, WideOpenWest Finance LLC’s term loan B was softer with repricing news, and Community Health Systems Inc. and Wendy’s Co. saw movement on their loans with refinancing announcements.

Meanwhile, in the primary market, Houghton Mifflin Harcourt Publishers Inc. upsized its term loan B, MJ Acquisition Corp. cut pricing on its term loan B, revised the issue price and extended the call protection, Black Knight InfoServ LLC tightened the spread and original issue discount on its term loan B and added a pricing step-down, and Penton Media Inc. added a pricing grid to its loan.

In addition, American Airlines Inc. came to market with an extension and repricing transaction, Energizer SpinCo Inc. disclosed talk with launch, Accuvant Inc./FishNet Security Inc. revealed original issue discount talk on its incremental loans, and At Home emerged with new deal plans.

In other news, Salient Partners LP is talking its $160 million term loan with 101 soft call protection for six months, according to a market source.

And Zayo Group LLC completed its roughly $1.65 billion six-year covenant-light term loan B that was used to reprice an existing term loan and amend the maturity and other covenants and provisions, a news release said.

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