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Published on 4/21/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Gogo, Savers, Pacific Dental, Priority, Logoplaste break; U.S. Renal tweaks timing

By Sara Rosenberg

New York, April 21 – Gogo Intermediate Holdings LLC lowered pricing on its first-lien term loan B, removed the step-down and set the original issue discount at the tight side of talk, and then the debt freed to trade on Wednesday.

Also, Savers Inc. firmed the spread on its first-lien term loan at the low end of guidance before breaking for trading, and deals from Pacific Dental Services LLC, Priority Technology Holdings Inc. (Priority Holdings LLC) and Logoplaste (Mar Bidco Sarl) hit the secondary market as well.

In other news, U.S. Renal Care Inc. accelerated the commitment deadline for its incremental term loan B, and Quikrete Holdings Inc. pulled its incremental term loan B from market, with plans to return for syndication at a later date.

Additionally, Mavis Tire Express Services TopCo LP, Consilio (Skipoma Merger Sub Inc.), PQ Performance Chemicals, Kissner (SCIH Salt Holdings Inc.) and Press Ganey (Azalea TopCo Inc.) announced price talk with launch, and Allied Universal and Idera Inc. joined this week’s primary calendar.


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