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Secondary starts 2018 with firm bids; Woodford, Henry, Tacala, MaxLinear join calendar
By Sara Rosenberg
New York, Jan. 2 – The first trading day of the New Year in the leveraged loan market went well with a good amount of activity and a good number of buyers.
“Guys have cash and there’s no new issue right now. Market feels good. Feels pretty bid. No real theme,” a trader told Prospect News.
Meanwhile, in the primary market, Woodford Express LLC, Henry Co. LLC, Tacala Cos. and MaxLinear Inc. joined the near-term new issue calendar.
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