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Published on 1/29/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Phoenix Services slashes pricing; Syniverse sets talk; Atkore tightens

By Paul A. Harris

Portland, Ore., Jan. 29 – The retail flows of the dedicated bank loan funds were modestly positve at $90 million, on Friday, the most recent session for which data was available at press time, an investor said.

In the primary market Phoenix Services International LLC slashed pricing on its $465 million seven-year covenant-light first-lien term.

Syniverse Holdings Inc. set talk on its $1,552,000,000 five-year first-lien term loan.

And Atkore International, Inc. narrowed talk on its $425 million incremental term loan B.


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