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Published on 11/29/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Oasis Outsourcing breaks; Barbri changes emerge; primary activity continues to flourish

By Sara Rosenberg

New York, Nov. 29 – Oasis Outsourcing Holdings Inc.’s add-on first-lien term loan made its way into the secondary market on Wednesday, with levels quoted well above its issue price.

Moving to the primary market, Barbri increased the size of its first-lien term loan, tightened the original issue discount and added a leverage-based pricing step-down.

Also, Varsity Brands Inc., Autodata Inc., Navitas Midstream Midland Basin LLC, Direct ChassisLink Inc., ABC Financial Inc., CenseoHealth/Advance Health (Chloe Ox Parent LLC), Harsco Corp., TRC Cos. Inc. and AGS (AP Gaming I LLC) disclosed price talk with launch.

Furthermore, Virtu Financial Inc., Sequa Corp., Aramark Services, Jaggaer, CHG Healthcare Services Inc., SiteOne Landscape Supply Inc. and Refresco joined the near-term calendar.


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