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Dresser Natural Gas, DataBank break; Husky softens; Bay Club, SI Group changes surface
By Sara Rosenberg
New York, Aug. 21 – Deals from Dresser Natural Gas Solutions and DataBank emerged in the secondary market during Tuesday’s session, and Husky Injection Molding Systems (Titan Acquisition Ltd.) saw its term loan fall on earnings results.
Moving to the primary market, Bay Club (Bulldog Purchaser Inc.) widened the original issue discount and extended the call protection on its first-lien term loan debt, finalized the issue price on its second-lien term loans at the tight end of guidance and adjusted delayed-draw ticking fees.
In addition, SI Group narrowed the original issue discount on its first-lien term loan from revised talk but it still came wider than initial talk, and U.S. Lumber Group LLC surfaced with new deal plans.
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