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CQP, Vocus, Univar, Baldwin Risk, Mission, PQ, Insight break; HelpSystems updates terms
By Sara Rosenberg
New York, May 27 – CQP Holdco downsized its first-lien term loan B from its original amount and firmed the spread at the wide side of guidance, and Vocus finalized U.S. and Australian dollar term loan B sizes, eliminated plans for a euro term loan B and set pricing on the U.S. tranche at the low end of talk, and then these deals freed to trade on Thursday.
Also, before breaking for trading, Univar Inc. firmed the issue price on its term loan B at the tight end of talk, Baldwin Risk Partners LLC trimmed pricing on its first-lien term loan B, and Mission Broadcasting Inc. tightened the spread and original issue discount on its term loan B.
Other deals to make their way into the secondary market on Thursday included PQ Corp. and Insight Global (IG Investments Holdings LLC).
In more happenings, HelpSystems set pricing on its first-lien term loan at the high end of talk, Conduent withdrew its term loan B from market, Ilpea Industries Inc. released price talk with launch, and Colibri and Proofpoint Inc. joined the near-term primary calendar.
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