Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers O > Headlines for Oberthur Technologies Group SAS > News item |
SAI, Eastern Power break; Axalta, American, Montreign, RE/MAX, Intermedia, Priority revised
By Sara Rosenberg
New York, Dec. 7 – Deals from SAI Global and Eastern Power LLC (TPF II Power LLC) made their way into the secondary market on Wednesday, and Alere Inc.’s term loan softened following news that Abbott Laboratories filed a complaint to terminate its proposed acquisition of Alere but then the debt rebounded to end the day unchanged.
Over in the primary market, Axalta Coating Systems reduced its U.S. term loan B size, increased its euro term loan B size, lowered pricing on the euro tranche and tightened the issue price on both the U.S. and the euro pieces, and American Airlines Inc. revised size and original issue discount on its term loan B.
Also, Montreign Operating Co. LLC upsized its term loan B and firmed the spread at the midpoint of guidance and added a term loan A to its capital structure, and RE/MAX LLC reduced pricing on its term loan, set the issue price at the tight side of talk and extended the call protection.
In addition, Intermedia.net Inc. and Priority Payment Systems (Priority Holdings LLC) lifted spreads on their first-lien term loans, and RCN Grande (Radiate Holdco LLC) and Oberthur Technologies Group SAS accelerated the commitment deadlines on their loans deals.
Furthermore, Rackspace Hosting Inc., Virgin Media, Global Eagle Entertainment Inc., MediaOcean LLC and Equinix Inc. disclosed price talk with launch, and LegalShield (Pre-Paid Legal Services Inc.) surfaced with new deal plans.
© 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.