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Published on 6/15/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Vantiv, Endurance, Ardent, Alvogen break; LifeScan, Solenis, Celstica, Minimax revised

By Sara Rosenberg

New York, June 15 – Vantiv LLC moved some funds between its term loans and Endurance International Group Inc. (EIG Investors Corp.) widened pricing on its term loan, and then these deals made their way into the secondary market on Friday, and Ardent Health Partners LLC and Alvogen Pharma US Inc. freed to trade as well.

In more happenings, LifeScan Global Corp. reworked its first-and second-lien term loan sizes, Solenis LLC modified its U.S. and euro first-lien term loan sizes and firmed original issue discounts on the debt at the wide end of revised talk, and Celestica Inc. trimmed the spread on its term loan B.

Also, Minimax increased the size of its U.S. term loan B and tightened the original issue discount, and revised issue price talk on its euro term loan B, and Tradesmen International LLC changed the issue price on its incremental first-lien term loan.

Additionally, Stars Group Inc. and Infinite Electronics Inc. came out with price talk on their loan deals, and Worldwide Express (SMB Shipping Logistics), Ocwen Financial Corp., Pregis LLC, Midcoast (AL Midcoast Holdings LLC) and Young Innovations Inc. joined the near-term primary calendar.


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