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Published on 9/20/2023 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Worldpay, Virgin Media, BCP break; Nord, Viasat, Upfield revised; HireRight, CPM accelerated

By Sara Rosenberg

New York, Sept. 20 – Worldpay increased for a second time the size of its U.S. first-lien term loan B, and Virgin Media Bristol LLC finalized the original issue discount on its add-on term loan Y at the tight side of guidance, and then these deals freed to trade on Wednesday, and BCP Renaissance Parent LLC’s loan transaction broke as well.

In more happenings, Nord Anglia Education (Fugue Finance) modified spread talk on its euro term loan B and firmed the issue price at the tight end of talk, and is on track to set the issue price on its U.S. term loan B at the tight end of guidance as well.

Also, Viasat Inc. widened the original issue discount talk on its term loan B, Upfield upsized its add-on term loan B-7, and HireRight Holdings Corp. and CPM Holdings Inc. moved up the commitment deadlines for their term loans.

Furthermore, Prometric Holdings Inc. disclosed the size of its first-lien term loan and price talk with its lender call, and MedImpact (MI OpCo Holdings Inc.), GeoStabilization International and Watlow Electric Manufacturing Co. joined this week’s primary calendar.


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