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Rough Country breaks; Adevinta, Sovos updated; PAI, Barracuda, Albany Molecular accelerated
By Sara Rosenberg
New York, Oct. 21 – Rough Country reduced the size of its incremental term loan and then freed up for trading during Wednesday’s session, with the debt quoted above its original issue discount.
In more happenings, Adevinta ASA changed price talk on its U.S. and euro term loan and tightened original issue discounts, and Sovos Brands Intermediate Inc. modified its financing plans to a fungible incremental term loan from a larger new term loan and updated price talk.
Also, Parts Authority (PAI Holdco Inc.), Barracuda Networks and Albany Molecular Research Inc. accelerated the commitment deadlines for their loan transactions.
Furthermore, Park Place Technologies, Academy Ltd. (Academy Sports & Outdoors), Amentum Holdings LLC and J.D. Power released price talk with launch.
Additionally, Resolute Investment Managers, Smyrna Ready Mix Concrete LLC, Insurity Inc. (Huskies Parent Inc.) and Wrench Group LLC emerged with new deal plans.
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