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Byju’s, TransMontaigne, Parkway, United Natural, Watlow, Howden, Echo, Marlink, Ineos break
By Sara Rosenberg
New York, Nov. 5 – Byju’s (Think & Learn Private Ltd.) upsized its term loan B, and TransMontaigne Operating Co. LP set the original issue discount on its term loan B at the tight end of talk, and then these deals broke for trading on Friday.
Also, before freeing up for trading, Parkway Generation LLC, United Natural Foods Inc. and Watlow firmed the spreads on their term loans at the wide end of guidance, and Howden finalized the original issue discount on its add-on term loan at the tight side of talk.
Other deals to make their way into the secondary market during the session included Echo Global Logistics, Marlink Group and Ineos Group Holdings.
In more happenings, KKR Real Estate Finance Trust Inc. (KREF Holdings X LLC) set the spread on its add-on term loan B and repricing of its existing term loan B at the low end of guidance and modified the issue price, and Covanta Holding Corp. and S&S Holdings LLC released price talk with launch.
Additionally, Hard Rock Northern Indiana (Spectacle Gary Holdings LLC), Kraton Corp., Luihn VantEdge Partners LLC and Access CIG LLC joined the near-term primary calendar.
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