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Vitech Systems Group, Cypress Performance break; Curium Pharma, Hexion revise deals
By Sara Rosenberg
New York, June 26 – Vitech Systems Group upsized its term loan B and revolver, set the spread on its term loan B at the low end of guidance and added step-downs before freeing up for trading on Wednesday, and Cypress Performance Group’s (Encapsys LLC) incremental first-lien term loan emerged in the secondary market as well.
In more happenings, Curium Pharma shifted some funds between its U.S. and euro term loans and updated pricing, and Hexion Inc. upsized its U.S term loan as the decision was made to downsize its euro term loan.
Additionally, CHG Healthcare Services Inc. approached lenders with an incremental first-lien term loan, and Culligan Holding Inc. (AI Aqua Merger Sub Inc.) emerged with new deal plans.
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