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AssetMark, PetVet break; WeddingWire, TRC tweak loans; multiple deals set talk with launch
By Sara Rosenberg
New York, Nov. 8 – AssetMark Financial Holdings Inc.’s term loan freed up for trading on Thursday above its original issue discount, and PetVet Care Centers LLC’s incremental term loan emerged in the secondary market as well.
Meanwhile, in the primary market, WeddingWire Inc. set the spread on its first-lien term loan at the low end of guidance and tightened the original issue discount on its first-and second-lien term debt, and TRC Cos. Inc. increased the size of its incremental first-lien term loan.
Furthermore, Evertec Group LLC, At Home Holding III Inc., Element Solutions (Platform Specialty Products Corp./MacDermid Inc.), Dana Inc., Valeant Pharmaceuticals International (Bausch Health), Flynn Restaurant Group LP and Chefs’ Warehouse Inc. announced price talk with launch, and Sorenson Holdings LLC and Office Depot Inc. joined the near-term primary calendar.
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