CDK, Maxar, Signature Aviation, Univision free to trade; Material Handling revised again

By Sara Rosenberg

New York, June 9 – CDK Global Inc. trimmed the spread on its first-lien term loan, added a step-down and tightened the original issue discount, and Maxar Technologies Inc. set pricing on its term loan B at the high end of talk and widened the issue price, and then these deals freed to trade on Thursday.

Also, before breaking for trading, Signature Aviation plc (Brown Group Holding LLC) reduced the spread on its term loan B-2 and revised the original issue discount, and Univision Communications Inc. (TelevisaUnivision) lowered pricing on its term loan B and firmed the issue price at the tight end of guidance.

In more happenings, Material Handling Systems (Project Castle) upsized its term loan B and adjusted the original issue discount, and Avaya announced price talk on its first-lien term loan.

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