LifeMiles frees to trade; Centuri, Teaching Strategies, 8th Avenue Food changes surface

By Sara Rosenberg

New York, Aug. 17 – LifeMiles Ltd.’s first-lien term loan B made its way into the secondary market on Tuesday, with levels quoted above its original issue discount.

Meanwhile, in the primary market, Centuri Group Inc. trimmed the spread on its term loan B and set the issue price at the wide end of talk, and Teaching Strategies (Foundational Education Group Inc.) revised price talk on its first-lien term loan and widened the original issue discount.

Also, 8th Avenue Food & Provisions Inc. firmed the original issue discount on its incremental first-lien term loan at the wide end of guidance and sweetened the call protection.

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