Cineworld, Internap break; Cable & Wireless gains ground; Matrix, Axilone tweak deals

By Sara Rosenberg

New York, Feb. 7 – Cineworld Group plc firmed the issue price on its euro term loan B at the tight end of revised guidance, and then its U.S. and euro term loan tranches freed up for trading on Wednesday.

Also, Internap Corp.’s incremental first-lien term loan emerged in the secondary market during the session, and Cable & Wireless Communications plc’s term loan B-4 rose in trading from its recent break levels.

Back in the primary market, Matrix Medical increased the size of its first-lien term loan B, trimmed the spread, cut the Libor floor and modified the original issue discount, and Axilone reworked its first-and second-lien term loan sizes and updated pricing.

In addition, TransDigm Inc. and HarbourVest Partners LP revealed price talk with launch, and Party City Holdings Inc., Overseas Shipholding Group Inc., Boyd Corp., Sparta Systems Inc. and Charter NEX US Inc. joined this week’s primary calendar.

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