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Published on 2/27/2024 in the Prospect News CLO Daily and Prospect News High Yield Daily.

BlueTriton, K-MAC Enterprises, Blackhawk Network term loans break for trading

By Sara Rosenberg

New York, Feb. 27 – BlueTriton Brands (Triton Water Holdings Inc.) increased the size of its incremental term loan B and finalized the spread at the low end of guidance, and then the debt freed to trade on Tuesday.

Also, before breaking for trading, K-MAC Enterprises Inc. (MIC Glen LLC) finalized the original issue discount on its incremental first-lien term loan B-2 at the tight end of revised talk, and Blackhawk Network Holdings Inc.’s term loan B made its way into the secondary market as well.

In more happenings, Quickbase joined the near-term primary calendar with plans for an incremental term loan and an extension of its existing first-lien term loan.


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