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Published on 10/29/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Albertsons, Lineage, Atlantic Power, Stratus free up; GFL, SubCom, EnTrans update deals

By Sara Rosenberg

New York, Oct. 29 – Albertsons Cos. Inc. adjusted the original issue discount on its first-lien term loan B-7 and Lineage Logistics LLC downsized its tack-on first-lien term loan, and then both of these deals broke for trading on Monday.

Other deals to make their way into the secondary market during the session included Atlantic Power Corp. and Stratus Technologies Inc.

In more happenings, GFL Environmental Inc. increased pricing on its incremental term loan B, and, as a result, will raise the spread on its existing term loan B, and SubCom (Crown Subsea Communications Holding Inc.) reduced the size of its term loan, widened the spread and issue price and extended the call protection.

Also, EnTrans International LLC lifted pricing on its term loan and sweetened the call protection, and Apergy Corp. withdrew its repricing from market.

Furthermore, Sedgwick Claims Management Services Inc. and PetVet Care Centers LLC released price talk with launch, and Tecta America Corp., KORE Wireless, PolyOne Corp., Belron Finance US LLC, LifePoint Health Inc. and Extreme Reach Inc. joined this week’s primary calendar.


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