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21st Century, Trinseo, HanesBrands break; Compusearch, RadNet, Penton Media reveal changes
By Sara Rosenberg
New York, April 28 – 21st Century Oncology Inc. increased the size of its term loan B, set the spread at the high end of talk, eliminated a pricing step-down, sweetened the call protection and then freed up for trading on Tuesday, and deals from Trinseo Materials Operating SCA and HanesBrands Inc. hit the secondary market too.
In more happenings, Compusearch and RadNet Inc. tightened issue prices on their first-lien term loan debt, and Penton Media Inc. trimmed the spread and Libor floor on its add-on term loan, approached investors with a repricing proposal for its existing term loan and added call protection to the debt.
Furthermore, SIG Combibloc Group AG (Onex Wizard Acquisition), Houghton Mifflin Harcourt Publishers Inc., Aria Energy Operating LLC and A. Schulman Inc. came out with price talk on their loans, and Script Relief LLC and Air Canada emerged with new deal plans.
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