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Published on 7/18/2019 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Sinclair, Consolidated Precision, Insurity free to trade; Boyd loan revisions surface

By Sara Rosenberg

New York, July 18 – Sinclair Broadcast Group Inc. (Diamond Sports Group LLC) trimmed the spread on its term loan B and revised the original issue discount, and Sinclair Television Group Inc. upsized its incremental term loan B, lowered pricing and set the issue price at the tight end of guidance, and then both term loans hit the secondary market on Thursday.

Also, Consolidated Precision Products Corp. (WP CPP Holdings LLC) modified the original issue discount on its add-on term loan B and then broke for trading, and Insurity Inc.’s (Huskies Parent Inc.) bank debt freed up as well.

In more happenings, Boyd Corp. (LTI Holdings Inc.) adjusted the original issue discount on its incremental first-lien term loan and revised the pricing grid.

Furthermore, MyEyeDr. (MED ParentCo. LP), Total Safety, Focus Financial Partners Inc., BroadStreet Partners Inc. and Veritext Corp. released price talk with launch, and Chief Power Finance LLC and Access CIG LLC surfaced with new deal plans.


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