Equian, MotorCity, Array break; Alexander Mann, Regal, KIK, DiversiTech, Coronado updated

By Sara Rosenberg

New York, May 15 – Equian LLC finalized the spread and issue price on its term loans at the tight side of talk and then freed up for trading on Monday, and deals from MotorCity Casino Hotel and Array Canada Inc. emerged in the secondary market too.

In other happenings, Alexander Mann Solutions set pricing on its term loan at the high end of guidance, Regal Cinemas Corp. modified the issue price on its incremental term loan and the Libor floor on the incremental tranche as well as on its repriced term loan, and KIK Custom Products Inc. tightened the original issue discount on its add-on term loan B.

Also, DiversiTech Holdings Inc. lowered price talk on its first-lien term loan, Coronado Coal LLC firmed the spread on its term loan B at the high side of talk while sweetening the issue price and call premium, and Focus Financial Partners accelerated the commitment deadline on its first-lien term loan.

Furthermore, Ashland LLC, Hyland Software Inc., AES Corp., Axalta Coating Systems U.S. Holdings Inc., American Traffic Solutions, Lineage Logistics LLC and Asurion LLC released price talk with launch, and eviCore, Cable & Wireless Communications plc and Tibco Software Inc. emerged with new deal plans.

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