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Published on 2/1/2023 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Zest Dental, Del Monte, Brazos Midstream break; Bowlero, American Greetings changes emerge

By Sara Rosenberg

New York, Feb. 1 – Zest Dental Solutions (Zest Acquisition Corp.) trimmed the spread on its first-lien term loan, and revised the pricing step-down, call protection and some other documentation items before freeing up for trading on Wednesday.

Also, Del Monte upsized its add-on term loan B and then made its way into the secondary market, and Brazos Midstream’s (Brazos Delaware II LLC) term loan B broke as well.

Furthermore, Bowlero Corp. cut the spread on its term loan B and tightened the original issue discount twice during the session, American Greetings Corp. increased the size of its first-lien term loan, widened pricing, pushed out the maturity and added a ticking fee, and H.B. Fuller Co. joined this week’s primary calendar.


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