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Published on 4/10/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

CityCenter, Casella break; Forterra, PPC changes emerge; Garda, Cvent, Arris disclose talk

By Sara Rosenberg

New York, April 10 – CityCenter Holdings LLC’s term loan made its way into the secondary market on Monday, with levels quoted above its original issue discount, and Casella Waste Systems Inc. freed up for trading as well.

Switching to the primary market, Forterra Finance LLC tightened the issue price on its incremental first-lien term loan, and PPC Industries Inc. trimmed pricing on its first-lien term loan for a second time while removing a recently added leverage-based step-down.

In addition, Garda World Security Corp., Cvent Inc. and Arris Group Inc. released price talk with launch.

Furthermore, Everi Payments Inc., Ryman Hospitality Properties (RHP Hotel Properties LP), Industrial Container Services, Material Handling Systems Inc. (MHS), World Kitchen (WKI Holding Co. Inc.) and AMC Entertainment Holdings Inc. joined this week’s primary calendar.


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