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Rocket Software, J.D. Power break; Vertex Aerospace, AssuredPartners changes emerge
By Sara Rosenberg
New York, Sept. 28 – Rocket Software Inc.’s first-lien term loan B made its way into the secondary market on Thursday, with the debt bid in line with its original issue discount, and J.D. Power’s incremental first-lien term loan broke as well.
Meanwhile, in the primary market, Vertex Aerospace Services Corp. raised pricing on its term loan B and removed the leverage-based margin step-up, and AssuredPartners Inc. tightened the issue price on its incremental term loan B-4.
Also, Evertec Inc., iSolved and FR Refuel LLC disclosed price talk with launch, and Delrin joined the near-term primary calendar.
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