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Albea Beauty, EOC Group, Internet Brands, Four Seasons, Focus Financial free to trade
By Sara Rosenberg
New York, March 15 – Albea Beauty Holdings SA reduced spreads on its U.S. and euro term loans and adjusted original issue discounts, and EOC Group Inc. increased the sizes of its first- and second-lien term loans and set pricing on the first-lien debt at the tight side of talk, and then both deals freed to trade on Thursday.
Also, Internet Brands Inc. raised the size of its incremental first-lien term loan and adjusted the issue price, Four Seasons Hotels and Resorts finalized the spread on its term loan at the low end of guidance, and Focus Financial Partners LLC moved up the commitment deadline on its add-on term loan, and then all of these deals began trading too.
In more happenings, Allison Transmission Inc. upsized its term loan B and terminated plans for a bond offering, Eton (PricewaterhouseCoopers Public Sector LLP) firmed spreads on its first- and second-lien term loans at the low end of guidance and tightened original issue discounts on the tranches, and Carlisle FoodService Products reworked its tranche sizes and updated pricing.
Furthermore, GVC Holdings plc shifted funds between its term loans and revised spread and issue price on its U.S. tranche, U.S. Security Associates Inc. upsized its term loan B and set pricing at the high side of talk, and Hubbard Radio LLC accelerated the commitment deadline on its credit facilities.
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