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Published on 2/1/2017 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Onvoy, Ascensus, Victory break; Harland, Infor, KinderCare, Array, Printpack tweak deals

By Sara Rosenberg

New York, Feb. 1 – Onvoy LLC’s credit facility surfaced in the secondary market on Wednesday, with the first-lien term loan quoted above its original issue discount, and Ascensus Inc. and Victory Capital Operating LLC freed up too.

Switching to the primary market, Harland Clarke Holdings Corp. tightened the spread and original issue discount on its term loan, Infor moved some funds between its U.S. and euro term loan and updated pricing, and KinderCare Education LLC revised the issue price on its tack-on first-lien term loan.

Also, Array Canada Inc. canceled plans for a delayed-draw term loan, Printpack Inc. reduced pricing on its term loan and extended the call protection, and Mediware Information Systems Inc. and Parkdean Resorts moved up the commitment deadlines on their term loans.

In addition, Scientific Games Corp., WideOpenWest Finance LLC, Creative Artists Agency LLC and NBTY Inc. released price talk with launch, and Linxens and SRS Distribution Inc. emerged with new deal plans.


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