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Published on 10/2/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Caesars, Transplace break; West, Lighthouse revised; Tekni, Greenhill, Camping accelerated

By Sara Rosenberg

New York, Oct. 2 – Caesars Resort Collection LLC’s credit facilities emerged in the secondary market on Monday, with the first-lien term loan quoted above its original issue discount, and Transplace Holdings Inc. began trading after further revisions were revealed on its second-lien loan tranche.

In more happenings, West Corp. (Olympus Merger Sub Inc.) widened spread, Libor floor and original issue discount on its term loan, and sweetened the call protection, and Lighthouse Network LLC increased the size of its incremental first-lien term loan and set the original issue discount at the tight end of talk.

Also, Tekni-Plex Inc., Greenhill & Co. Inc. and Camping World moved up the commitment deadlines on their term loans, and H.B. Fuller Co. and Bombardier Recreational Products Inc. released price talk with launch.

Furthermore, SFR Group SA, Altice Financing, Blount International Inc., Atlantic Power Corp. and PLZ Aeroscience surfaced with new deal plans.


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