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Published on 1/15/2019 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Cambium second-lien term loan frees up; Cast & Crew tweaks deal; MKS, Duravant accelerated

By Sara Rosenberg

New York, Jan. 15 – Cambium Learning Group Inc. saw its second-lien term loan free up for trading on Tuesday morning after wrapping syndication of the tranche at a wider original issue discount than was outlined last month.

In more happenings, Cast & Crew Entertainment Services increased the size of its first-lien term loan, lowered the spread, added a pricing step-down and tightened the issue price, and MKS Instruments Inc. and Duravant LLC (Engineered Machinery Holdings Inc.) moved up the commitment deadlines on their incremental term loans.

Additionally, StandardAero Aviation Holdings Inc. (Dynasty Acquisition Co. Inc.), Caliber Collision (Wand NewCo3 Inc.) and Kofax (Project Leopard Holdings) announced price talk with launch.

Furthermore, DiscoverOrg LLC and Perforce Software Inc. emerged with new deal plans, and timing on the launch of Revere Power LLC’s credit facilities surfaced.


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