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Published on 6/25/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Kantar, ArchKey, iHeartCommunications, Traeger, Charter Next free to trade; BBB tightens

By Sara Rosenberg

New York, June 25 – Kantar firmed pricing on its first-lien term loan B at the low side of revised talk and tightened the original issue discount, and ArchKey Solutions (ArchKey Holdings Inc.) set the spread on its first-lien term loan at the high end of guidance, extended the call protection and made a number of changes to documentation, and then both of these deals broke for trading on Friday.

In addition, iHeartCommunications Inc. finalized pricing on its term loan at the low end of talk before freeing up for trading, and deals from Traeger (TGP Holdings III LLC) and Charter Next Generation Inc. made their way into the secondary market as well.

In more happenings, BBB Industries LLC modified the original issue discount on its incremental first-lien term loan, Sabre GLBL Inc. approached investors with a term loan transaction, and First Student & First Transit joined the near-term primary calendar.


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