Nielsen Finance, Dunn Paper break; revisions announced on nine deals in primary market

By Sara Rosenberg

New York, Sept. 28 – Nielsen Finance LLC’s term loan B-3 made its way into the secondary market on Wednesday with levels quoted above its original issue discount, and Dunn Paper Inc.’s credit facility freed up for trading as well.

Over in the primary market, inVentiv Health Inc. increased the size of its term loan B, lowered the spread and modified the issue price, Reynolds Group Holdings Inc. upsized its incremental first-lien term loan, and Press Ganey Inc. shifted funds between its first- and second-lien term loans and tightened pricing and original issue discounts on the tranches.

Also, American Bath Group LLC upsized its first-lien term loan while raising pricing, widened the spread and issue price on its second-lien term loan and sweetened call premiums on both tranches, and Henry Co. LLC lowered pricing on its term loan B, revised the original issue discount and extended the call protection.

In addition, Multi Packaging Solutions International Ltd., SRS Distribution Inc. and US LBM Holdings LLC tightened the original issue discounts on their incremental term loans, and Affinity Gaming widened the issue price on its second-lien term loan.

Furthermore, PAE Holding Corp. came out with price talk on its term loans with launch, Hargray Communications Group, Inc. approached lenders with an incremental first-lien term loan and repricing proposal, Emerald Expositions Holding Inc. and Universal Fiber Systems LLC emerged with add-on term loans, and Hudson’s Bay Co. launched a repricing of its term loan B.

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