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Chart Industries, BRP, Apex, Axalta break; BJ’s, Travel + Leisure, Summit changes emerge
By Sara Rosenberg
New York, Dec. 8 – Chart Industries Inc. upsized its term loan B, set pricing at the low end of guidance, changed the original issue discount and tweaked the ticking fees, and BRP Inc. (Bombardier Recreational Products Inc.) increased the size of its incremental term loan B, trimmed the spread and revised the issue price, and then these deals freed up for trading on Thursday.
Also, Apex Group Ltd. modified the original issue discount on its incremental term loan B before making its way into the secondary market, and Axalta Coating Systems Ltd.’s term loan B broke for trading as well.
In more happenings, BJ’s Wholesale Club Inc. finalized the size of its amended and extended first-lien term loan and tightened the new money issue price as well as the extension fee for existing lenders, and Travel + Leisure Co. lowered the spread on its incremental term loan and changed the original issue discount.
Furthermore, Summit Materials revised price talk on its term loan B and modified the issue price, and Mariner Wealth Advisors came to market with an incremental first-lien term loan.
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