CPI, Tibco, ConvergeOne, Sky, StandardAero, Jefferies break; CareerBuilder, SnapAv revised

By Sara Rosenberg

New York, July 26 – CPI International Inc.’s credit facilities freed to trade on Wednesday, with the first-and second-lien term loans quoted above their issue prices, and Tibco Software Inc., ConvergeOne Holdings Corp. and Sky Betting & Gaming emerged in the secondary market as well.

Also, StandardAero Aviation Holdings Inc. tightened the original issue discount on its incremental term loan and Jefferies Finance LLC changed the issue price on its term loan, and then both of these deals broke for trading too.

In more happenings, CareerBuilder LLC widened the spread and issue price on its term loan while also extending the call protection, a SnapAV lowered pricing and original issue discount on its term loan, and Cision and Alorica Inc. accelerated the commitment deadlines on their term loans.

Furthermore, PQ Corp. and Certara disclosed talk with launch, and Atlantic Broadband Finance LLC, LifeMiles Ltd., Sundial Brands LLC, Avast Software, Travel Leaders Group LLC, Lumileds (Bright Bidco BV) and USI Inc. joined this week’s primary calendar.

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