Intelsat, Avast, Rackspace, MDVIP, Summit, United Airlines, American Airlines break

By Sara Rosenberg

New York, Nov. 10 – Intelsat Jackson Holdings SA increased the size of its term loan, set the spread and original issue discount at the wide side of guidance, and sweetened the call protection, and Avast Software finalized the issue price on its term loans at the tight end of talk, and then both of these deals freed up for trading on Friday.

Also, Rackspace Hosting Inc. modified the original issue discount on add-on term loan B and added call protection, MDVIP LLC raised pricing on its first-lien term loan and extended the call premium, and Summit Materials LLC firmed the spread on its term loan B at the low end of talk and tightened the original issue discount, and then these deals emerged in the secondary market too.

Other deals to break for trading during the session included United Airlines Inc., Intralinks Holdings Inc. and American Airlines Inc.

In more happenings, Canyon Resource Holdings LLC pulled its second-lien term loan from market, Mitchell International Inc., Circor International Inc., Station Casinos LLC and Transcendia released price talk with launch, and 84 Lumber Co., PODS LLC and Paysafe Group plc joined the near-term calendar.

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