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Published on 6/4/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Vertafore, Corel free up; Las Vegas Sands changes surface; multiple deals come to market

By Sara Rosenberg

New York, June 4 – Vertafore Inc.’s credit facilities emerged in the secondary market on Monday, with the first-and second-lien term loans quoted above their original issue discounts, and Corel Corp.’s bank debt began trading too.

Moving to the primary market, Las Vegas Sands LLC increased the size of its incremental term loan and finalized the original issue discount at the tight end of guidance.

Also, Electrical Components International Inc., DMT Solutions Global Corp., Standard Media Group LLC, Installed Building Products Inc., TKC Holdings Inc., Melissa & Doug (MND Holdings III Corp.) and Bowlero Corp. released price talk with launch.

Furthermore, Sound Inpatient Physicians Holdings LLC, Flynn Restaurant Group LP, Diamond Resorts International Inc., Celestica Inc. and Dayco Products LLC joined this week’s primary calendar.


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