Gates, NPC, Chemours, Associated Asphalt free up; Unifrax, CCC, Chobani, Radio One revised

By Sara Rosenberg

New York, March 30 – Gates Global LLC reworked its U.S. and euro term loan sizes, added a pricing step-down to the U.S. tranche and firmed the issue price on the euro tranche at the tight end of guidance, and then the debt broke for trading on Thursday.

Also, NPC International Inc. modified the original issue discounts on its first-and second-lien term loans before freeing up, and deals from Chemours Co. and Associated Asphalt Partners LLC began trading as well.

In more happenings, Unifrax trimmed the spread on its U.S. term loan, added pricing step-downs to its U.S. and euro term loans and tightened original issue discounts on the tranches, and CCC Information Services Inc. upsized its first-lien term loan and tightened spreads and original issue discounts on its first-and second-lien loan tranches.

In addition, Chobani LLC revised the issue price on its add-on first-lien term loan, and Radio One Inc. lowered the spread on its term loan and firmed the issue price at the wide end of guidance.

Furthermore, Talen Energy Supply LLC, Nielsen Finance LLC and Northstar Travel Group released price talk with launch, and MaxLinear Inc. came out with timing and pricing guidance on its term loan B.

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