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Published on 9/22/2020 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Clarivate, Fortress, AmWINS break; EFS Cogen, SUSE, Aimbridge revised; Barrette accelerated

By Sara Rosenberg

New York, Sept. 22 – Clarivate plc’s incremental term loan B hit the secondary market on Tuesday, and was seen trading above its original issue discount, and Fortress Investment Group FinCo I LLC’s term loan B broke as well.

Also, AmWINS Group Inc. freed to trade in the afternoon after increasing the size of its add-on first-lien term loan B in the morning.

In other news, EFS Cogen Holdings I LLC (Linden) upsized its term loan B, lowered the spread and tightened the original issue discount, and Barrette (LEB Holdings (USA) Inc.) accelerated the commitment deadline for its first-lien term loan.

Furthermore, SUSE (Marcel Lux IV Sarl) changed the original issue discount on its incremental first-lien term loan, and Aimbridge Hospitality increased the size of its term loan B and firmed the original issue discount at the tight end of guidance.

Additionally, Revint Solutions, Southern Veterinary Partners LLC, Spirit AeroSystems Holdings Inc., Golden State Medical Supply, Alera Group and Citadel announced price talk with launch, and American Residential Services and Jefferies Finance LLC joined this week’s primary calendar.


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