Macom, Styrolution hit secondary; LPL Holdings, American Axle, KeyPoint changes surface

By Sara Rosenberg

New York, March 8 – Macom Technology Solutions Inc. eliminated the Libor floor from its term loan and added a leverage-based pricing step-down and Ineos Styrolution Group GmbH firmed pricing on its U.S. term loan at the tight end of guidance, and then both of these deals freed up for trading on Wednesday.

In more happenings, LPL Holdings Inc. cut pricing on its term loan B and revised the original issue discount, and American Axle & Manufacturing Holdings Inc. tightened the spread and issue price on its term loan B while also extending the call protection.

Also, KeyPoint Government Solutions Inc. downsized its revolver and term loan B and shortened maturities, increased B loan pricing, extended the call protection and made a number of other documentation changes, and Arctic Glacier LLC and Resolute Investment Managers accelerated the commitment deadlines on their loans.

Furthermore, Greektown Holdings LLC disclosed price talk with launch, and Suddenlink Communications, Camping World Good Sam, Infogroup and Sterling Talent Solutions joined the near-term primary calendar.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.