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Published on 4/3/2019 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Ellie Mae, E.W. Scripps, Sabre, Carrols tweak loans; Staples, Greenhill accelerate deadlines

By Sara Rosenberg

New York, April 3 – In the primary market on Wednesday, Ellie Mae Inc. tightened the original issue discount on its first-lien term loan, and E.W. Scripps Co. increased the size of its term loan B, lowered the spread and adjusted the issue price.

Also, Sabre Industries upsized its term loan B, trimmed pricing and revised the original issue discount, Carrols Restaurant Group Inc. increased the size of its term loan B, and Staples Inc. and Greenhill & Co. Inc. moved up the commitment deadlines for their first-lien term loans.

Furthermore, Servpro LLC and Transact (RCP Vega Inc.) disclosed price talk with launch, and Barracuda Networks Inc. and RadNet Management Inc. emerged with new deal plans.


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