Blackhawk, Netsmart, Zebra Technologies, ON Semiconductor, Truck Hero, Tekni-Plex break

By Sara Rosenberg

New York, May 23 – Blackhawk Network Holdings Inc.’s credit facilities began trading on Wednesday, with the first-lien term loan quoted above its original issue discount, and deals from Netsmart Inc., Zebra Technologies Corp. and ON Semiconductor Corp. hit the secondary market too.

Additionally, Truck Hero Inc. finalized the spread on its term loan at the high end of talk and Tekni-Plex Inc. upsized its incremental first-lien term loan, and then both of these deals freed up for trading as well.

In more happenings, Springs Window Fashions (SIWF Holdings Inc.) moved some funds between its first- and second-lien term loans, widened spreads and original issue discounts and sweetened call premiums, and Advanced Computer Software trimmed pricing on its U.S. term loan and adjusted original issue discount guidance.

Also, Microchip Technology Inc. increased the size of its term loan B, firmed the spread at the low end of talk and tightened the issue price, Rodan & Fields LLC released price talk with launch, and FirstLight Fiber (Flight Bidco Inc.) and Hoffmaster Group Inc. joined the near-term calendar.

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