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Rackspace, Entercom, Evoqua, Filtration break; Genoa, Jacobs Douwe, Live Nation, ABB revised
By Sara Rosenberg
New York, Oct. 26 – Rackspace Hosting Inc.’s credit facility made its way into the secondary market on Wednesday, with the term loan B trading above its original issue discount, and Entercom Communications broke too.
Also, Evoqua Water Technologies (EWT Holdings III Corp.) modified the issue price on its tack-on first-lien term loan and Filtration Group Corp. finalized the original issue discount on its incremental first-lien term loan B at the tight end of guidance, and then both of these deals freed up for trading as well.
In more happenings, Genoa, A QoL Healthcare Co. LLC shifted some funds between its first- and second-lien term loans and lowered pricing on both tranches, and Jacobs Douwe Egberts trimmed spreads and tightened issue prices on its U.S. and euro term loans.
Furthermore, Live Nation Entertainment Inc. lowered price talk on its term loan B, ABB/Con-Cise Optical Group LLC changed issue price talk on its incremental first-lien term loan B and Harsco Corp. accelerated the commitment deadline on its term loan B.
Additionally, Bass Pro Group LLC, Camping World Good Sam and Chromaflo Technologies LLC released talk with launch, and TricorBraun, Telesat, DTZ (DTZ U.S. Borrower LLC and DTZ AUS Holdco Pty Ltd.), Netsmart Technologies Inc. and Sirva are getting ready to bring new deals to market.
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