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Published on 10/20/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Unitymedia, Vantage Specialty, MRO, Caesars, ConvergeOne break; Orion Engineered updated

By Sara Rosenberg

New York, Oct. 20 – Unitymedia’s term loan D made its way into the secondary market on Friday, with levels quoted above its original issue discount, and Vantage Specialty Chemicals Inc.’s first-and second-lien term loans began trading too.

Also, MRO Holdings Inc. lifted pricing on its first-lien term loan and extended the call protection, Caesars Entertainment Opco (CEOC LLC) tightened the issue price on its incremental first-lien term loan, and ConvergeOne Holdings Corp. increased the size of its incremental first-lien term loan and modified the original issue discount, and then these deals broke for trading as well.

In addition, Orion Engineered Carbons adjusted the issue price on its U.S. term loan, and tightened the spread and revised discount talk on its euro term loan.

And, Harland Clarke Holdings Corp., Navistar International Corp., Davis Vision-Superior Vision, FLY Leasing, Accuride Corp. and MHS (Material Handling Systems) joined the near-term primary calendar, and timing on Truck Hero Inc.’s lender call surfaced.


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