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American Traffic tightens talk; W.R. Grace upsizes; loan funds see modest Thursday inflow
By Paul A. Harris
Portland, Ore., Feb. 23 – In Friday's leveraged loan market American Traffic Solutions (ATS Consolidated Inc.) tightened price talk on its $1.04 billion in term loans.
W.R. Grace & Co. increased its seven-year first-lien term loans to $950 million from $900 million and tightened pricing.
And the daily fund flows of the dedicated bank loan funds were flat to slightly positive on Thursday, the most recent session for which data was available at press time, a trader said.
The loan funds saw $10 million of inflows on the day.
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