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Published on 5/31/2019 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Worley Claims hits secondary; Madrid revises documentation; Avantor readies repricing

By Sara Rosenberg

New York, May 31 – Worley Claims Services LLC reduced the size of its delayed-draw first-lien term loan and revised the ticking fee, and then the company’s credit facilities freed up for trading on Friday morning.

In more happenings, Madrid (AI Plex AcquiCo) made a number of documentation changes to its credit facilities, including outlining pricing step-downs for its U.S. and euro term loans, and Avantor emerged with new deal plans.


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