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Lucid Energy, PetVet free to trade; American Physician, Golden West, Meridian tweak deals
By Sara Rosenberg
New York, Nov. 22 – Lucid Energy Group II Borrower LLC set the spread and original issue discount on its first-lien term loan at the wide end of guidance before freeing up for trading on Monday, and PetVet Care Centers LLC’s incremental first- and second-lien term loans emerged in the secondary market as well.
In more happenings, American Physician Partners LLC reduced the maturity of its first-lien term loan B and added a financial covenant, and Golden West Packaging Group LLC widened the spread and original issue discount on its first-lien term loan.
Furthermore, Meridian Adhesives Group Inc. increased the size of its add-on term loan and firmed the issue price at the tight end of guidance.
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