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Published on 3/9/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Canada Goose frees to trade; Alkermes, Bad Boy Mowers, Apollo Commercial updates surface

By Sara Rosenberg

New York, March 9 – Canada Goose Inc.’s first-lien term loan made its way into the secondary market on Tuesday, and was quoted above its issue price.

Meanwhile, in the primary market, Alkermes Inc. finalized the spread and original issue discount on its first-lien term loan B at the tight side of talk, and Bad Boy Mowers firmed pricing on its term loan B at the low end of guidance, added a pricing step-down and tightened the original issue discount.

Also, Apollo Commercial Real Estate Finance Inc. lowered the spread on its incremental term loan, and Aadvantage Loyalty IP Ltd. (American Airlines Inc.) moved up the commitment deadline for its term loan B.

Furthermore, Convergint (DG Investment Intermediate Holdings 2 Inc.), Win Waste Innovations (Granite Acquisition Inc.), MBCC Group, AdThrive (CMI Marketing Inc.), Cambium Learning Group and Veritas Technologies disclosed price talk with launch.

In addition, Trinseo SA, PODS LLC, Neenah Inc., Empire Today, Hubbard Radio LLC, Garda World Security Corp. and SiteOne Landscape Supply joined this week’s primary calendar.


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