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Covetrus, Citrix Systems deal revisions surface; Brightspeed, Warner Music disclose talk
By Sara Rosenberg
New York, Sept. 19 – In the primary market on Monday, Covetrus Inc. (Corgi BidCo Inc.) placed the spread on its term loan at the wide end of talk, revised original issue discount guidance, extended the call protection and made a number of changes to documentation.
Additionally, Citrix Systems Inc. (Tibco Software Inc.) removed pricing step-downs from its term loan B, sweetened the call protection and reworked documentation items.
Furthermore, Brightspeed (Connect Holding II LLC) released price talk on its term loan B in connection with its lender call and Warner Music Group (WMG Acquisition Corp.) came to market with an incremental term loan.
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