ITP Aero frees to trade; KITO Crosby firms terms; Kraton shelves deal; Xerox sets talk

By Sara Rosenberg

New York, Oct. 31 – ITP Aero’s (Propulsion (BC) Newco LLC) add-on term loan B broke for trading during Tuesday’s market hours, with levels quoted above its original issue discount.

Meanwhile, in the primary market, KITO Crosby (Crosby US Acquisition Corp.) finalized the issue price on its incremental first-lien term loan at the tight end of guidance, and Kraton Corp. pulled its incremental term loan B, with the decision attributed to market conditions.

Also, Xerox Corp. released price talk on its first-lien term loan in connection with its lender call, and EG Group joined this week’s new issue calendar.

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