Cirque do Soleil, Univar, First Data, StandardAero, Lantheus, Summit, ION Trading break

By Sara Rosenberg

New York, June 25 – Cirque du Soleil tightened the original issue discount on its first-lien term loan before its credit facility surfaced in the secondary market on Thursday, and Univar Inc., First Data Corp., StandardAero, Lantheus Medical Imaging Inc., Summit Materials LLC and ION Trading Technologies Sarl freed up for trading as well.

In more happenings, Emerging Markets Communications LLC widened spreads and original issue discounts on its first-and second-lien term loans, shortened maturities and sweetened the second-lien call premiums.

Additionally, Amneal Pharmaceuticals LLC finalized pricing on its term loan B repricing at the high end of guidance, Jeld-Wen Inc. set the spread on its term loan at the wide end of talk and added a step-down, and Constantia Flexibles pulled its repricing from market.

In other news, Nord Anglia Education Inc. completed its $240 million add-on term loan that is priced at Libor plus 400 basis points with a step-down to Libor plus 375 bps if total net leverage is less than 4.5 times, and a 1% Libor floor, a news release said. The debt was sold at an original issue discount of 99.5.

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