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Published on 2/9/2022 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Hunter Douglas, WHP Global, PlayAGS break; Dodge Construction, Amentum changes surface

By Sara Rosenberg

New York, Feb. 9 – Hunter Douglas moved some funds between its U.S. and euro term loans, finalized spreads and removed some step-downs, and then the U.S. term loan made its way into the secondary market on Wednesday.

Also, WHP Global (WH Borrower LLC) set the original issue discount on its term loan B at the wide side of guidance and revised the call protection before breaking for trading, and PlayAGS Inc.’s (AP Gaming I LLC) first-lien term loan freed up as well.

In more happenings, Dodge Construction Network (Dodge Data & Analytics LLC) firmed spreads on its first- and second-lien term loans at the high end of talk, modified CSA, sweetened the issue price and call protection on the first-lien tranche, and made changes to documentation.

Furthermore, Amentum Holdings LLC increased the size of its incremental first-lien term loan and trimmed pricing, Safe Fleet released price talk with launch, and Press Ganey (Azalea TopCo Inc.) and Laureate Education emerged with new-deal plans.


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