Fortress Investment breaks; LifePoint gains on paydown; Software AG changes surface

By Sara Rosenberg

New York, July 31 – Fortress Investment Group FinCo I LLC increased the size of its term loan B, modified the original issue discount and pushed out the maturity, and then the debt made its way into the secondary market on Monday.

Also in trading, LifePoint Health Inc.’s term loan B moved higher as the company revealed plans to repay some of the debt with proceeds from an upsized bond offering.

In more happenings, Software AG (Mosel Bidco SE) trimmed the spread and tightened the original issue discount on its U.S. and euro term loans, removed a step-down from the euro tranche and revised ticking fees.

Furthermore, Crocs Inc., Carnival Corp., Barnes Group Inc., Talen Energy Supply LLC, Learning Care Group Inc. and Sharp Services LLC released details on their new loan transactions in connection with their lender calls.

Additionally, Access CIG LLC, Charter Next Generation Inc. and Chemours Co. joined this week’s primary calendar.

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