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Barentz, Allison Transmission, Restaurant Technologies term loans free to trade
By Sara Rosenberg
New York, March 1 – Barentz finalized the original issue discount on its U.S. term loan B at the tight end of revised guidance and the issue price on its euro term loan B at the tight side of modified talk, and then the debt made its way into the secondary market on Friday.
Other deals to break for trading during the session included Allison Transmission Inc. and Restaurant Technologies Inc. (Eagle Parent Corp.).
In more happenings, Cengage Learning Inc. joined the near-term new-issue calendar with plans to refinance its existing term loan B, and since the existing loan was already wrapped around par in the secondary market, trading levels were unmoved by the news.
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