Avolon, TTM Technologies break; DigiCert, PlayCore, Chobani, iStar deal updates emerge

By Sara Rosenberg

New York, Sept. 15 – Avolon’s term loan B-2 made its way into the secondary market on Friday with levels quoted above its issue price, and TTM Technologies Inc.’s first-lien term loan began trading as well.

Moving to the primary market, DigiCert Holdings Inc. upsized its first-and second-lien term loans, lowered pricing on the tranches and tightened original issue discounts, and PlayCore set pricing on its first-lien term loans at the low end of guidance and revised the issue price.

Also, Chobani LLC finalized pricing on its term loan B at the wide end of talk, and iStar Inc. firmed pricing on its term loan at the low side of guidance.

And, Multi-Color Corp. began circulating price talk on its term loan B in preparation for its upcoming bank meeting, and Telesat Canada, Ring Container Technologies and Platform Specialty Products Corp. (MacDermid Inc.) surfaced with new deal plans.

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