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Published on 8/17/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Trinseo, Eastern Power, LifeMiles, RentPath, Give & Go break; Dimora, E.W. Scripps revised

By Sara Rosenberg

New York, Aug. 17 – Trinseo Materials’ first-lien term loan made its way into the secondary market on Thursday above its issue price, and deals from Eastern Power LLC and LifeMiles Ltd. began trading too.

Also, RentPath Inc. finalized pricing on its term loan at the high end of talk and sweetened the call protection, and Give & Go Prepared Foods Corp. increased the size of its first-lien term loan and decreased the size of its privately-placed second-lien term loan, and then both of these deals freed up for trading as well.

In more happenings, Dimora Brands Inc. downsized its second-lien term loan and widened pricing on the tranche, and firmed the spread on its first-lien term loan at the low end of guidance, E.W. Scripps Co. upsized its term loan B and revised the original issue discount, and HD Supply Inc. is getting ready to bring a repricing and amendment transaction to market.


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