CareerBuilder, Flying Fortress, J.D. Power break; GNC term loan rises on quarterly numbers

By Sara Rosenberg

New York, July 27 – Deals from CareerBuilder LLC, Flying Fortress Inc. and J.D. Power all freed up for trading during Thursday’s session, and GNC Holdings Inc.’s term loan was stronger with the release of earnings.

Moving to the primary market, Cision lowered the spread on its term loan, added a step-down and modified the original issue discount, and Albany Molecular Research Inc. increased the size of its first-lien term loan and reduced pricing on the tranche as well as on its second-lien term loan.

Also, Accudyne Industries raised the size of its first-lien term loan and terminated plans for a second-lien term loan, Culligan Holding Inc. upsized its incremental term loan and updated pricing on the debt and on its term loan B-1 repricing, Victory Capital Operating LLC reduced pricing on its term loan B, and FleetCor Technologies Inc. lifted the size of its term loan, cut the spread loan and set the issue price at the tight side of guidance.

Additionally, Avast Software raised the size of its euro term loan and tightened issue price talk on the euro debt as well as on its U.S. term loan, American Seafoods Group LLC shifted funds between its first-and second-lien term loans and trimmed pricing on the first-lien tranche, and United Pacific accelerated the commitment deadline on its credit facilities.

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