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Frontera, Consolidated Precision, Airxcel, Avast Software, NAI Entertainment, Syneos free
By Sara Rosenberg
New York, April 25 – Frontera Generation Holdings LLC increased the size of its term loan, trimmed the spread and tightened the original issue discount, and Consolidated Precision Products Corp. (WP CPP Holdings LLC) shifted some funds between its first-and second-lien term loans, and added a step-down and modified the issue price on the first-lien tranche, and then both of these deals made their way into the secondary market on Wednesday.
Also, Airxcel Inc. (AirX Holdings Inc.) revised its first-and second-lien term loan sizes, spreads, original issue discounts and call premiums before freeing up for trading, and deals from Avast Software, NAI Entertainment Holdings LLC and Syneos Health Inc. broke too.
In more happenings, Highline Aftermarket Acquisition LLC set pricing on its term loan at the low end of guidance, added a step-down and updated issue prices for new and old money.
Furthermore, EnergySolutions LLC announced price talk on its term loan B in connection with its presentation, and WireCo and Greenway Health LLC surfaced with repricing plans.
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