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Published on 1/11/2022 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Cano Health, TricorBraun break; SRS Distribution revises pricing; Idera changes deadline

By Sara Rosenberg

New York, Jan. 11 – Cano Health LLC’s first-lien term loan made its way into the secondary market on Tuesday, and TricorBraun Holdings Inc.’s incremental first-lien term loan freed to trade as well.

In more happenings, SRS Distribution Inc. lowered pricing on its incremental term loan, added a step-down and set the original issue discount at the tight end of guidance, and Idera Inc. moved up the commitment deadline for its incremental first-lien term loan.

Also, Crocs Inc., MI Windows and Doors Inc. (MIWD Holdco II LLC), North American Bancard (NAB Holdings LLC) and Arxada (Herens US Holdco Corp.) announced price talk with launch.

Additionally, Tropicana (Naked Juice LLC), RelaDyne Inc., Liberty Tire Recycling LLC, American Auto Auction Group LLC (XLerate Group), System One Holdings LLC and NortonLifeLock Inc. joined this week’s primary calendar.


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