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Epicor revised; US Foods, CHG, Tecta, Heartland Dental, Lakeshore and Liquid Tech set talk
By Sara Rosenberg
New York, Aug. 14 – In the primary market on Monday, Epicor Software Corp. increased the size of its incremental term loan, reduced the spread, tightened the original issue discount and accelerated the commitment deadline.
Epicor Software raised its non-fungible incremental term loan to $500 million from $350 million, trimmed pricing to SOFR plus 375 basis points from SOFR plus 425 bps and changed the original issue discount to 99 from 98.5, a market source said.
Also, US Foods Inc., CHG Healthcare, Tecta America Corp., Heartland Dental LLC, Lakeshore Learning Materials LLC and Liquid Tech Solutions LLC all approached lenders with new loan transactions, and Quikrete Holdings Inc. joined this week’s primary calendar.
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