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Mitel Networks, Gateway Casinos break; Valtris, Altice France, Intermedia update deals
By Sara Rosenberg
New York, July 13 – Mitel Networks Corp.’s credit facilities surfaced in the secondary market on Friday, with the first-and second-lien term loans quoted above their original issue discounts, and Gateway Casinos & Entertainment Ltd. broke as well.
Moving to the primary market, Valtris Specialty Chemicals (Polymer Additives Inc.) relaunched its first-and second-lien term loans with wider price talk, Altice France lifted pricing on its term loan B-13, modified the original issue discount and extended the call protection, and Intermedia set the spread on its term loan at the high side of guidance and the issue price at the tight end of talk.
Furthermore, VetCor Professional Practices LLC released pricing guidance with launch, and CLEAResult and Technimark LLC joined the near-term primary calendar.
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