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Published on 6/14/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Hertz, EverCommerce break; Great Canadian, AccentCare revised; Madison, Culligan accelerated

By Sara Rosenberg

New York, June 14 – Hertz Corp. lowered pricing on its term loans, revised the step-down and tightened the original issue discount before the debt made its way into the secondary market on Monday, and EverCommerce Inc.’s term loan freed to trade as well.

In other news, Great Canadian Gaming Corp. increased the size of its term loan B, AccentCare Inc. reduced the spread on its term loan B., and Madison IAQ, Culligan (Osmosis Debt Merger Sub Inc.), Orbcomm Inc. and Signify Health LLC accelerated the commitment deadlines on their loan transactions.

Also, Aspen Dental Management, BGIS (Brookfield Global Integrated Solutions), J.D. Power, Traeger (TGP Holdings III LLC), ArchKey Solutions (ArchKey Holdings Inc.), Milk Specialties Co. and Grosvenor Capital Management Holdings LLLP released price talk with launch.

Furthermore, Kantar, Dynata, International-Matex Tank Terminals (ITT Holdings LLC), Gibson Brands Inc., EAB and Medforth joined this week’s primary calendar.


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