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US Foods, Seminole Tribe, DynCorp, CEC Entertainment, Aptean, KORE Wireless free to trade
By Sara Rosenberg
New York, Aug. 15 – US Foods Holding Corp. modified the original issue discount on its incremental term loan B and Seminole Tribe of Florida firmed the issue price on its incremental term loan B at the tight end of guidance, and then both of these deals broke for trading on Thursday.
Also, DynCorp International sweetened the Libor floor, call protection and amortization on its term loan B before freeing up, and deals from CEC Entertainment Inc., Aptean and KORE Wireless Group Inc. surfaced in the secondary market as well.
In more trading happenings, Revlon Inc.’s term loan B was better on buzz that the company hired a bank to help it explore strategic options.
Returning to the primary market, Ancestry.com Operations Inc. lifted the spread on its term loan B and set the original issue discount at the wide side of talk, and Q Holding Co. eliminated the repricing proposal from its term loan B but is still planning on extending the debt’s maturity.
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