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Published on 4/28/2022 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Congruex, Vizient, STG Logistics free to trade; Mallinckrodt, R1 RCM price talk surfaces

By Sara Rosenberg

New York, April 28 – Congruex Group terminated plans for a delayed-draw term loan, finalized the spread on its funded term loan at the high end of guidance and extended the call protection before breaking for trading on Thursday.

Other deals to make their way into the secondary market during the session included Vizient Inc. and STG Logistics.

In other news, Mallinckrodt plc and R1 RCM Inc. released price talk with launch, and TerraForm Power and Barracuda Networks Inc. joined the near-term primary calendar.


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