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Published on 12/11/2020 in the Prospect News CLO Daily and Prospect News High Yield Daily.

ExGen, WellPet, Gemini, Therma, InnovaCare, Wheel Pros, USRS, Planview, MeridianLink break

By Sara Rosenberg

New York, Dec. 11 – ExGen Renewables IV LLC finalized the original issue discount on its term loan B at the tight end of revised talk, Wellness Pet Food Holdings Co. Inc. (Woof Intermediate Inc.) moved some funds between its first-and second-lien term loans, and tightened spreads and issue prices, and Gemini HDPE LLC firmed the spread on its term loan B at the low end of guidance, and then these deals freed to trade on Friday.

Also, before breaking for trading, Therma Holdings LLC (Refficiency Holdings LLC) upsized its funded first-lien term loan, set pricing on its term loan debt at the narrow end of talk and revised the original issue discount, and InnovaCare (MMM Holdings LLC) increased the size of its incremental first-lien term loan and finalized the issue price at the tight side of talk.

In addition, Wheel Pros Inc. revised the original issue discount on its incremental first-lien term loan and then it hit the secondary market, and deals from US Radiology Specialists Inc. (USRS), Planview and MeridianLink Inc. began trading as well.

Meanwhile, in other news, MI Windows and Doors Inc. tightened the spread and original issue discount on its term loan B, and Aspen Dental Management and Service King Collision Repair Centers accelerated the commitment deadlines for their term loans.


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