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Published on 9/20/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

STV breaks; Pretium, Solenis revised; BMC, Team, American Bath, Consilio accelerated

By Sara Rosenberg

New York, Sept. 20 – STV Group’s add-on term loan made its way into the secondary market on Monday, with levels quoted above its original issue discount.

Moving to the primary market, Pretium Packaging (Pretium PKG Holdings Inc.) modified its first -and second-lien term loan sizes, and Solenis revised its term loan B amount, outlined U.S. and euro tranche sizes, tightened spread and original issue discount on the U.S. debt and added a leverage-based step-down.

Also, BMC Software, Team Services Group, American Bath Group (CP Atlas Buyer Inc.) and Consilio (GI Consilio Parent LLC) moved up the commitment deadlines for their loan transactions.

Additionally, Medline Industries, Lakeshore Learning (Lakeshore Intermediate LLC), Cable & Wireless (Coral-U.S. Co-Borrower LLC), Therma Holdings (Refficiency Holdings), Mold-Rite Plastics LLC (Valcour Packaging LLC) and Starwood Property Mortgage disclosed price talk with launch.

Furthermore, Domtar Corp., J&J Gaming (J&J Ventures Gaming LLC), AOC LLC and Pacific Bells joined this week’s primary calendar.


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