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Orion Advisor, BroadStreet free to trade; Huntsworth updated; Veritas reveals guidance
By Sara Rosenberg
New York, Aug. 4 – Orion Advisor Solutions (GT Polaris Inc.) moved some funds between its first-and second-lien term loans, and tightened the spread and original issue discount on the first-lien term debt before freeing up for trading on Tuesday.
In addition, BroadStreet Partners Inc. upsized its term loan B and adjusted the issue price, and then the debt made its way into the secondary market in the afternoon, with levels quoted above its original issue discount.
Furthermore, Huntsworth plc set the original issue discount on its term loan B at the wide end of revised guidance, Veritas Technologies released price talk on its term loans with launch, and Milano Acquisition Corp. joined this week’s primary calendar.
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