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Published on 9/30/2020 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Jefferies, Spirit Aero break; Alliance Laundry, Canada Goose, RBmedia, UnitedLex revised

By Sara Rosenberg

New York, Sept. 30 – Jefferies Finance LLC revised the original issue discount on its term loan before freeing up for trading during Wednesday’s session, and Spirit AeroSystems Holdings Inc.’s term loan B began trading as well.

In more happenings, Alliance Laundry Systems LLC increased the size of its term loan B, lowered the spread and modified the issue price, and Canada Goose Inc. trimmed pricing on its first-lien term loan, reduced the Libor floor and changed the original issue discount.

Also, RBmedia revised the Libor floor and issue price on its add-on term loan B, UnitedLex raised pricing on its term loan and extended the call protection, and Press Ganey (Azalea TopCo Inc.) moved up the commitment deadline for its incremental first-lien term loan.

Additionally, Genesys, Wheelabrator Technologies Inc. (Granite Acquisition Inc.), Oxbow Carbon and FLY Leasing Ltd. disclosed price talk with launch.


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