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Published on 1/14/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

CityMD, ICP break; PetVet, Women’s Care, Cole-Parmer updates emerge; PrimeSource accelerated

By Sara Rosenberg

New York, Jan. 14 – CityMD’s (WP CityMD Bidco LLC) first-lien term loan freed to trade on Thursday, with levels quoted above its issue price, and ICP Group’s first-and second-lien term loans hit the secondary market as well.

Moving to the primary market, PetVet Care Centers LLC increased the size of its incremental first-lien term loan B-3 and tightened the issue price, and trimmed the spread on the incremental debt and the repricing of its existing term loan B-3.

Also, Women’s Care Holdings Inc. LLC finalized pricing on its first-lien term loan at the low end of guidance, Cole-Parmer Instrument Co. LLC (CPI HoldCo LLC) adjusted the issue price on its incremental first-lien term loan, and PrimeSource (Park River Holdings Inc.) accelerated the commitment deadline for its first-lien term loan B.

In addition, Westinghouse (Brookfield WEC Holdings Inc.), Option Care Health Inc., Vestcom Parent Holdings Inc. and First Advantage announced price talk with launch, and RV Retailer joined the near-term primary calendar.


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