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Packers Sanitation falls some more; BroadStreet Partners, GMS, ImageFirst changes surface
By Sara Rosenberg
New York, April 26 – In the secondary market on Wednesday, Packers Sanitation Services Inc.’s (PSSI) term loan continued to soften as investors were still reacting to recent news reports that JBS USA is terminating its contracts with the company.
Meanwhile, in the primary market, BroadStreet Partners Inc. increased the size of its incremental term loan B-3, firmed the spread at the low end of guidance and revised the issue price, and GMS Inc. (GYP Holdings III Corp.) modified pricing on its term loan B and tightened the original issue discount.
Also, ImageFirst Holdings LLC reduced pricing on its incremental term loan, and Heartland Dental LLC joined this week’s primary calendar.
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