Reynolds, WireCo, Pinnacle, Zayo, Sterling, Cast & Crew break; Revlon, Printpack reworked

By Sara Rosenberg

New York, July 21 – On the secondary front, deals from Reynolds Group Holdings Inc., WireCo WorldGroup Inc., Pinnacle Foods Finance LLC, Zayo Group LLC, Sterling Talent Solutions and Cast & Crew Payroll LLC all freed up for trading during Thursday’s session.

Reynolds’ $1,973,000,000 term loan was quoted at 99 7/8 bid, 100 1/8 offered, according to a trader.

WireCo’s $460 million term loan B was quoted at 99¾ bid, 100¾ offered, a market source said.

Pinnacle Foods’ $550 million term loan I was seen at 100¼ bid, 100¾ offered, according to a trader.

Zayo’s $361 million term loan was quoted at 100 1/8 bid, 100 3/8 offered, a trader said.

Sterling Talent’s $60 million add-on first-lien term loan was seen at 99½ bid, 100½ offered, a source remarked.

And Cast & Crew’s $80 million add-on first-lien term loan B was quoted at 99 bid, 99¾ offered, a trader remarked.

Moving to the primary market, Revlon Consumer Products Corp. lowered the spread and tightened the original issue discount on its term loan B, and Printpack Inc. increased the size of its term loan B whole finalizing pricing and issue price at the tight end of guidance.

Furthermore, Safway Group Holding LLC and Vantage Specialty Chemicals disclosed price talk on their deals, Diamond Resorts International Inc. came out with timing on the launch of its credit facility, and Inteva Products LLC and Penn Engineering & Manufacturing Corp. emerged with new loan plans.

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