LA Fitness, Floor & Decor, Commercial Vehicle break; several primary deal updates surface

By Sara Rosenberg

New York, March 29 – LA Fitness (Fitness International LLC) firmed the size and spread on its term loan B and then freed up for trading on Wednesday, and deals from Floor & Decor Outlets of America Inc. and Commercial Vehicle Group Inc. hit the secondary market too.

In more happenings, Chemours Co. reduced the size of its U.S. term loan B, increased the size of its euro term loan B and finalized the issue prices on the loans at the tight end of guidance, and Installed Building Products Inc. trimmed the spread on its term loan B and set the original issue discount at the tight side of talk.

Also, Associated Asphalt Partners LLC upsized its term loan B, and Caesars Entertainment Operating Co. LLC and NXT Capital Inc. accelerated the commitment deadlines on their new loan deals.

Furthermore, USI Insurance Services, Playa Resorts Holding BV and First Eagle Holdings Inc. released price talk with launch, and American Builders & Contractors Supply Co. Inc. returned to market with a repricing proposal after postponing a similar transaction earlier this year.

And, Constellis Holdings LLC began circulating price talk on its first- and second-lien term loans in preparation for its upcoming bank meeting, and Talen Energy Supply LLC and Northstar Travel Group emerged with new deal plans.

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