Talen Energy, Signature Aviation, Titan Acquisition break; Datasite revisions surface

By Sara Rosenberg

New York, April 28 – Talen Energy Supply LLC reduced the sizes of its term loan B and term loan C, firmed the spread at the high end of guidance, removed a pricing step-down, set the original issue discount at the wide side of talk and made some changes to documentation before freeing up for trading on Friday.

Other deals to make their way into the secondary market during the session included Signature Aviation plc (Brown Group Holding LLC) and Titan Acquisition Holdings.

In more happenings, Datasite (Mermaid Bidco Inc.) reduced the size of its U.S. add-on term loan B and added a euro add-on term loan B to its capital structure, and MRC Global Inc. made the decision to pull its term loan B refinancing as a result of a lawsuit filed by Cornell Capital LLC complicating the execution of the transaction.

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