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Published on 2/16/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

XPO, Prospect, Lineage, Equian, Kofax, DuPage, Liquidnet, Lamar, Masergy and more break

By Sara Rosenberg

New York, Feb. 16 – A number of deals made their way into the secondary market on Friday, including XPO Logistics Inc., Prospect Medical Holdings Inc., Lineage Logistics LLC, Equian LLC, Kofax (Project Leopard Holdings), DuPage Medical Group and Liquidnet Holdings Inc.

Also, Lamar Media Corp. set the original issue discount on its term loan B at the middle of revised talk, Masergy Communications Inc. firmed its first-lien debt at the low end of talk and changed the Libor floor, Hargray Communications Group Inc. changed the issue price and ticking fee on its incremental term loan, and Clarion Events widened the spread and issue price on its incremental term loan B, and then these deals freed up for trading too.

In addition, OCI Beaumont (OCI Partners LP) increased the size of its term loan B, firmed the spread at the low end of guidance, added a step-down, tightened the original issue discount and sweetened the call premium, and On Assignment Inc. modified the issue price on its incremental term loan B.

Furthermore, SS&C Technologies Holdings Inc. released price talk on its term loan with its bank meeting, and Omnova Solutions Inc. and Solera Holdings Inc. emerged with new deal plans.


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