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Published on 12/9/2016 in the Prospect News CLO Daily and Prospect News High Yield Daily.

RCN, American Airlines, Montreign, NFP, Asurion break; EFS, Wilsonart, Lightstone updated

By Sara Rosenberg

New York, Dec. 9 – RCN Grande’s (Radiate Holdco LLC) credit facility freed up for trading on Friday, with the first-lien term loan quoted above its original issue discount, and deals from American Airlines Inc. and Montreign Operating Co. LLC began trading too.

In more happenings, NFP Corp. upsized its term loan and Asurion LLC finalized the issue price on its term loan B-2 at the tight side of talk, and then these deals made their way into the secondary market as well.

Also, EFS Cogen Holdings I LLC (Linden Cogeneration Power Complex) set pricing on its term loan B at the low end of guidance, Wilsonart LLC tightened the spread and issue price on its term loan, and Lightstone Generation LLC widened pricing and original issue discount talk on its term loan B and funded letter-of-credit facility strip.

Furthermore, Charter Communications Inc. launched a repricing and extension of its term loan H and term loan I, and Tekni-Plex Inc. approached lenders with a tack-on first-lien term loan.

And, timing on the launch of Consolidated Communications Inc.’s incremental term loan B was announced, and Six Flags Entertainment Corp. and Halyard Health Inc. surfaced with repricing plans.


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