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Published on 5/2/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Hunterstown, Jo-Ann Stores, R1 RCM, United Airlines break; Owens & Minor, CityMD revised

By Sara Rosenberg

New York, May 2 – A few deals made their way into the secondary market on Wednesday, including Hunterstown Generation (Kestrel Acquisition LLC), Jo-Ann Stores LLC, R1 RCM Inc. and United Airlines Inc.

Moving to the primary market, Owens & Minor Inc. raised the spread on its term loan B, widened the original issue discount and extended the call protection, CityMD (WP CityMD Bidco LLC) finalized pricing on its term loan debt at the wide side of guidance, added a step-down and tightened the issue price on the incremental tranche, and Albertsons Cos. Inc. trimmed the spread on its term loan.

Additionally, Brazos Midstream (Bison Midstream Holdings LLC), Hillman Group Inc., Aristocrat Leisure Ltd., CHG Healthcare Services Inc. and ADS Tactical Inc. disclosed price talk on their deals, and Springs Window Fashions (SIWF Holdings Inc.), ION Trading Finance Ltd. and L&W Inc. joined the near-term primary calendar.


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