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Published on 10/13/2016 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Confie Seguros, Platform Specialty, Guggenheim Partners, ConvergeOne, Lions Gate break

By Sara Rosenberg

New York, Oct. 13 – Deals from Confie Seguros Holding II Co., Platform Specialty Products Corp. (MacDermid Inc.), Guggenheim Partners Investment Management Holdings and ConvergeOne Holdings Corp. all freed up for trading on Thursday.

And, Lions Gate Entertainment Corp. upsized its term loan B, reduced the spread, tightened the original issue discount and extended the call protection, and then it too made its way into the secondary market.

In more happenings, Ancestry.com Operations Inc. set the spread on its first-lien term loan B at the low end of guidance while sweetening the call protection, and cut pricing and modified the issue price on its second-lien term loan, and Jeld-Wen Inc. trimmed pricing and modified the leverage-based step-down on its term loan.

Additionally, ConvaTec Healthcare Inc. reduced the size of its term loan B and reverse flexed pricing, and upsized its U.S. and euro term loan A tranches, and Energy Future Intermediate Holding Co. LLC tightened the amendment fee/new money original issue discount on its extended and upsized debtor-in-possession term loan.

Furthermore, Rackspace Hosting Inc., Genoa, A QoL Healthcare Co. LLC, Sage Automotive Holdings Inc., Digital Room Inc., Horizon Pharma plc, Berlin Packaging LLC, Applied Systems Inc., Deluxe Entertainment Services Group Inc. and Mitchell International Inc. revealed price talk with launch.


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