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Newport, AMC free up; Tank Holding tweaked again; Addison, LegalShield, Lyons float talk
By Sara Rosenberg
New York, March 20 – Newport Group added call protection to its add-on first-lien term loan and then the debt broke for trading on Wednesday afternoon above its original issue discount price, and AMC Entertainment Holdings Inc.’s term loan emerged in the secondary market as well.
In more happenings, Tank Holding Corp. shifted some funds between its first- and second-lien term loans and added a pricing step-down to the first-lien tranche.
Additionally, Addison Group, LegalShield and Lyons Magnus Inc. announced price talk with launch, and Cook & Boardman Group joined this week’s primary calendar.
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