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Published on 5/4/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Allied Universal, Duravant, SmartBear, Pabst revisions surface; Doosan Bobcat sets talk

By Sara Rosenberg

New York, May 4 – In the primary market on Tuesday, Allied Universal added pricing step-downs to U.S. first-lien term loans, and Duravant LLC (Engineered Machinery Holdings Inc.) revised spread talk and original issue discount on its second-lien term loan.

Also, SmartBear (AQA Acquisition Holdings Inc.) increased the size of its incremental first-lien term loan and tightened the issue price, and Pabst Blue Ribbon widened price talk and original issue discount on its term loan B.

Additionally, Doosan Bobcat released price talk with launch, and Divisions Maintenance Group (DMG), Ensono Holdings LLC, SRAM LLC, Conair Corp. and Kenan Advantage Group Inc. joined this week’s primary calendar.


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