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Zebra, Peak 10, YRC break; Diversey, Duravant, CPI, U.S. Security, Sky Betting set changes
By Sara Rosenberg
New York, July 24 – Zebra Technologies Corp. firmed pricing on its term loan B at the low end of talk and Peak 10 Holding Corp. reworked term loans sizes and spreads, and then these deals freed up for trading on Monday, and YRC Worldwide Inc. hit the secondary market as well.
In more happenings, Diversey (Diamond BC BV) increased the size of its euro term loan and tightened the spread and original issue discount on the tranche as well as on its U.S. term loan, and Duravant LLC (Engineered Machinery Holdings Inc.) reduced pricing on its first-and second-lien term loans and adjusted the first-lien issue price.
Also, CPI International Inc. moved some funds between its first-and second-lien term loans and updated spreads and issue prices on the tranches, and U.S. Security Associates Inc. upsized its add-on term loan while modifying the original issue discount, and finalized pricing on the add-on and the repricing of its existing term loan at the low end of guidance.
Furthermore, Sky Betting & Gaming modified the issue price on its term loans, and Albany Molecular Research Inc. and Jefferies Finance LLC accelerated the commitment deadlines on their loan transactions.
Additionally, Syncsort Inc., Carestream Dental Equipment Inc., Flying Fortress Inc. and Scientific Games Corp. released price talk with launch, and Women’s Care Florida and Certara joined this week’s calendar.
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