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Parts Authority, Advantage Sales, MHI Holdings, Hayward Industries deal updates surface
By Sara Rosenberg
New York, Oct. 23 – In the primary market on Friday, Parts Authority (PAI Holdco Inc.) lowered the spread on its first-lien term loan and tightened the original issue discount, and Advantage Sales & Marketing Inc. reduced the size of its first-lien term loan, lifted pricing, widened the issue price and extended the call protection.
Also, MHI Holdings LLC firmed the original issue discount on its incremental first-lien term loan B at the wide end of guidance, and Hayward Industries Inc. set the spread on its incremental first-lien term loan at the low side of talk and finalized the issue price at the midpoint of guidance.
In addition, ION Analytics, Avantor, Insurity Inc. (Huskies Parent Inc.) and Precision Medicine Group LLC disclosed price talk with launch.
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