CLEAResult, Lightstone break; Global Business Travel, Convergint deal changes surface

By Sara Rosenberg

New York, Aug. 2 – CLEAResult (CRCI Longhorn Holdings Inc.) saw its credit facilities emerge in the secondary market on Thursday, with the first-and second-lien term loans quoted above their issue prices, and Lightstone Holdco LLC’s incremental term loan B began trading too.

Over in the primary market, Global Business Travel Holdings Ltd. (Amex GBT) tightened the spread, floor and original issue discount on its term loan B, and Convergint (Gopher Sub Inc.) increased the size of its incremental first-lien term loan and tightened the issue price.

In addition, Frontdoor, SiteOne Landscape Supply Inc., Capstone Logistics and Kettle Cuisine released price talk with launch, and Alion Science & Technology Corp. came out with further details on its upcoming loan deal.

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