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Published on 11/14/2018 in the Prospect News CLO Daily and Prospect News High Yield Daily.

LifePoint, Infrastructure & Energy, Concrete Pumping break; Valeant, Openlink revise deals

By Sara Rosenberg

New York, Nov. 14 – LifePoint Health Inc. increased the size of its term loan and finalized the original issue discount at the wide end of talk before freeing up for trading on Wednesday, and deals from Infrastructure & Energy Alternatives Inc. (IEA) and Concrete Pumping Holdings Inc. hit the secondary market too.

In more happenings, Valeant Pharmaceuticals International (Bausch Health Cos. Inc.) lowered pricing on its incremental term loan, set the discount at the wide side of guidance and made the tranche non-fungible, and Openlink Financial LLC modified its U.S. and euro term loan sizes, flexed pricing higher and added a step-down.

Additionally, Hunterstown Generation LLC (Kestrel Acquisition LLC) released price talk on its incremental term loan B with launch, and CentralSquare Technologies LLC joined this week’s primary calendar.


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