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Published on 7/28/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Heartland, Avast, EnergySolutions, Albany Molecular, Culligan, Victory, FleetCor break

By Sara Rosenberg

New York, July 28 – Heartland Dental LLC finalized the spread on its first-lien term loan at the high end of talk and widened the original issue discount on its second-lien term loan, and Avast Software firmed the issue price on its incremental term loans at the tight side of revised guidance, and then these deals freed up for trading on Friday.

Also, EnergySolutions LLC set pricing on its term loan at the low end of talk and broke for trading, and Albany Molecular Research Inc., Culligan Holding Inc., Victory Capital Operating LLC and FleetCor Technologies Inc. hit the secondary market as well.

In more happenings, Asurion LLC finalized spread and issue price on its first-lien term loan at the tight end of guidance, Scientific Games Corp. lowered the spread on its term loan B-4, Travelport firmed pricing on its term loan at the tight end of talk and Compuware Corp. accelerated the commitment deadline on its term loan.

Furthermore, Staples Inc. came out with timing on the launch of its term loan, and Big River Steel, Zekelman Industries, SpecialtyCare and PolyOne Corp. surfaced with new deal plans.


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