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Sensata Technologies breaks; Davis Vision revisions emerge; TerraForm accelerates deadline
By Sara Rosenberg
New York, Nov. 1 – Sensata Technologies BV finalized pricing on its term loan B at the low end of guidance and then the debt made its way into the secondary market, with levels quoted above par.
Also, Davis Vision-Superior Vision moved some funds between its first-and second-lien term loans and tightened spreads as well as original issue discounts on the tranches, and TerraForm Power Operating LLC moved up the commitment deadline on its term loan B.
In addition, Avaya Inc., Utz Quality Foods LLC, Cryolife Inc., Cole-Parmer Instrument Co., Wall Street Systems and ION Trading Technologies disclosed price talk with launch, and Intelsat Jackson Holdings SA, Michael Baker International LLC, Seahawk Holdings (Dell Software) and OEConnection LLC emerged with new deal plans.
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