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Avient, Invenergy Thermal free up; Sharp Services changes emerge; SeaWorld shelved
By Sara Rosenberg
New York, Aug. 4 – Avient Corp. firmed up the size of its first-lien senior secured covenant-lite term loan B-7 and then broke for trading on Friday, and Invenergy Thermal Operating I LLC’s strip of term loan B and term loan C debt emerged in the secondary market as well.
Also, Sharp Services LLC increased the size of its incremental first-lien term loan B and tightened the original issue discount, and SeaWorld Parks & Entertainment Inc. withdrew its term loan B from market.
Furthermore, OpenText Corp. approached lenders with a repricing of its term loan B, and Tenneco Inc. and Tacala Cos. joined the near-term primary calendar.
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