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Published on 6/26/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Edelman, Evoqua, Cirque, MedPlast, Invenergy break; BMC, Radiology Partners changes emerge

By Sara Rosenberg

New York, June 26 – Edelman Financial Center LLC upsized its first-lien term loan, downsized its second-lien term loan and tightened the spread and original issue discount on the second-lien tranche, and Evoqua Water Technologies (EWT Holding III Corp.) changed the issue price on its incremental first-lien term loan, and then both of these deals surfaced in the secondary market on Tuesday.

Also, Cirque du Soleil Canada Inc. set the original issue discount on its add-on term loan at the wide end of guidance and modified the call protection before freeing up for trading, and deals from MedPlast Holdings Inc. and Invenergy Thermal Operating I LLC broke as well.

In more happenings, BMC Software widened price talk on its U.S. and euro term loans, and Radiology Partners Inc. terminated plans for a first-lien delayed-draw term loan-1 and sweetened the spread and original issue discount on its remaining first-lien term loan debt.

Furthermore, Oasis Outsourcing Holdings Inc. moved up the commitment deadline on its add-on first-lien term loan, Mitel Networks Corp. and World Triathlon Corp. revealed price talk with launch, and Aptos Inc. emerged with new deal plans.


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