Virgin Media, Lightstone Generation, Rackspace, West Corp., Calpine, Atkore, Aptean break

By Sara Rosenberg

New York, Dec. 15 – Virgin Media’s term loan I freed up for trading on Thursday above its original issue discount, and Lightstone Generation LLC, Rackspace Hosting Inc., West Corp., Calpine Corp. and Atkore International Inc. surfaced in the secondary as well.

Also, Aptean Inc. increased the size of its first-lien term loan, decreased the size of its second-lien term loan and widened second-lien pricing, and then it too broke for trading.

In other news, Novolex (Flex Acquisition Co. Inc.) and Flying Fortress Inc. lowered pricing on their term loan B’s, Charter Communications Inc. revised the original issue discounts on its term loans, and GlobalLogic Inc. upsized its term loan B, set the spread at the high end of talk and extended the call protection.

Furthermore, Equinix Inc. finalized pricing on its U.S. and sterling term loan B repricing transactions at the tight end of guidance, and Tekni-Plex Inc. lifted its fungible tack-on first-lien term loan size and tightened the issue price.

In other news, Cinemark USA Inc. closed on the repricing of its $664 million covenant-light term loan B due May 8, 2022, according to a news release.

And American Airlines Inc. completed its $1.25 billion seven-year senior secured term loan B (Ba1/BB+), according to an 8-K filed with the Securities and Exchange Commission.

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