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Published on 11/3/2023 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Hilton frees to trade; Restaurant Brands better; Lifetime updated; Augusta talk surfaces

By Sara Rosenberg

New York, Nov. 3 – Hilton Worldwide Finance LLC saw its term loans make their way into the secondary market on Friday, and Restaurant Brands International Inc.’s term loan B was a little higher after the release of third quarter numbers, although general strength in the market was more likely the catalyst for the move than the earnings news.

Moving to the primary market, Lifetime Brands Inc. firmed the spread on its term loan B at the high end of guidance, and price talk emerged on Augusta Sportswear Brands’s term loan.

Also, Buckeye Partners LP, Culligan International Co. (Osmosis Buyer Ltd.), Veritiv Corp. and ArchKey Holdings Inc. joined the near-term new issue calendar.


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