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Published on 8/9/2022 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Corporation Service hits secondary; Sabre tweaks deal; Pike accelerates deadline

By Sara Rosenberg

New York, Aug. 9 – Corporation Service Co. (CSC) finalized the spread on its term loan B at the low end of revised guidance and then the debt freed to trade during Tuesday’s market hours.

Meanwhile, in other news, Sabre GLBL Inc. increased the size of its term loan B, firmed pricing at the high end of talk and finalized the original issue discount at the tight side of guidance, and Pike Corp. moved up the commitment deadline for its incremental term loan B.

Furthermore, Chefs’ Warehouse Inc. (Dairyland USA Corp.) disclosed price talk on its first-lien term loan in connection with its lender call.


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