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Published on 1/25/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Samsonite, Milacron break; Builders, Caliber Collision, Atotech, Ciena changes surface

By Sara Rosenberg

New York, Jan. 25 – Samsonite International SA’s repriced term loan B made its way into the secondary market on Wednesday with levels quoted above its issue price, and Milacron LLC’s term loan B broke for trading as well.

Over in the primary market, Builders FirstSource Inc. trimmed pricing on its term loan B, Caliber Collision tightened spreads and issue prices on its first-and second-lien term loans and Atotech BV changed the MFN provision on its term debt.

Additionally, Ciena Corp. reduced pricing on its term loan B and firmed the original issue discount at the tight end of guidance, BJ’s Wholesale Club Inc. moved up the commitment deadline on its term loans and Continental Building Products Operating Co. LLC accelerated the new money commitment deadline on its term loan B.

Also, Dell Technologies, Tradesmen International Inc., Limetree Bay Terminals LLC, Infor and Ancestry.com Operations Inc. announced price talk with launch, and Ferro Corp., Arclin, Calpine Corp. and PODS LLC surfaced with new deal plans.


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