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Published on 8/3/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Anastasia Beverly Hills, California Cryobank, Vivint, Convergint free to trade

By Sara Rosenberg

New York, Aug. 3 – Anastasia Beverly Hills made a number of documentation changes to its credit agreement, and California Cryobank Life Sciences (GI Chill Acquisition LLC) firmed pricing on its first-lien term loan at the low side of talk, and then both of these deals broke for trading on Friday.

Also, Vivint (APX Group Inc.) increased the size of its term loan B, set the spread at the wide end of guidance and firmed the original issue discount at the tight side of talk before freeing up, and Convergint’s (Gopher Sub Inc.) incremental first-lien term loan hit the secondary market as well.

In more happenings, Travel Leaders Group LLC, Cushman & Wakefield, Del Frisco’s Restaurant Group Inc. and Penn National Gaming Inc. joined the near-term primary calendar.


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