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Published on 3/28/2019 in the Prospect News Bank Loan Daily.

Citgo breaks; Allison trades atop OID; Carrols, Quick Base, Aptean, Cook & Boardman updated

By Sara Rosenberg

New York, March 28 – Citgo Petroleum Corp. finalized terms on its incremental first-lien term loan and the debt emerged in the secondary market on Thursday, and Allison Transmission Inc. saw trading levels surface on its amended and extended term loan B.

In more happenings, Carrols Restaurant Group Inc. trimmed pricing on its term loan and removed a previously added step-down, and Quick Base set the spread on its first-lien term loan at the low end of talk, added a step-down and modified the original issue discount.

Also, Aptean firmed the spread on its first-lien term loan at the tight side of guidance and adjusted the issue price, and Cook & Boardman Group finalized the original issue discount on its add-on term loan at the tight end of talk.

Furthermore, Ultimate Software Group Inc., Trade Me Group Ltd. (Titan Acquisitionco New Zealand) and MW Industries Inc. disclosed price talk on their loan transactions.


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