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Nouryon, Filtration Group, Wyndham, Golden Entertainment free up; Catalent levels soften
By Sara Rosenberg
New York, May 19 – Nouryon came out with updated sizes on its U.S. and euro term loans and firmed the spread on the euro tranche at the low end of guidance, and Filtration Group Corp. reduced the size of its U.S. first-lien term loan and increased pricing, and upsized its euro first-lien term loan and set the spread at the low end of talk, and then both of these deals broke for trading on Friday.
Other deals to make their way into the secondary market during the session included Wyndham Hotels & Resorts Inc. and Golden Entertainment Inc.
In more trading news, Catalent Inc.’s term loan was a little weaker as the company released some updated earnings guidance and said that it needs more time to complete its third quarter results.
Meanwhile, back in the primary market, KinderCare Learning Cos. Inc. downsized its first-lien term loan and adjusted the original issue discount.
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