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Value-Based Care Solutions frees to trade; MeridianLink first-lien loan wraps around par
By Sara Rosenberg
New York, July 3 – Value-Based Care Solutions’ credit facilities surfaced in the secondary market on Tuesday, and the first-lien term loan B was quoted above its original issue discount, and trading levels emerged on MeridianLink Inc./CRIF Lending Solutions’ recently allocated transaction.
Switching to the primary market, SimpliSafe Inc. joined next week’s new issue calendar.
Its $315 million seven-year covenant-light first-lien term loan (B2/B/BB) was quoted at 99¾ bid, par ¼ offered on Tuesday after allocating during the previous session, a trader said.
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