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Berry Global, Delek, Horizon break; Hudson River sets changes; Lucid accelerates deadline
By Sara Rosenberg
New York, May 17 – Berry Global Group Inc. modified sizes of its U.S. and euro term loans, updated spreads and tightened the original issue discount on the U.S. piece, and then the debt made its way into the secondary market on Friday.
Also, Delek US Holdings Inc. set the issue price on its add-on term loan B at the middle of guidance and then freed to trade, and Horizon Therapeutics plc (Horizon Pharma USA Inc.) saw its term loan B break for trading as well.
In more happenings, Hudson River Trading LLC increased the size of its add-on term loan B and adjusted the original issue discount, and Lucid Energy Group II Borrower LLC accelerated the commitment deadline for its term loan B-2.
Additionally, Victory Capital Holdings Inc., United Planet Fitness Partners (United PF Holdings LLC), Smart & Final Grocery (Saffron Borrowco LLC), Smart Foodservice (Sage Borrowco LLC), Big Ass Solutions (Big Ass Fans LLC) and Madrid (AI Plex AcquiCo) joined the near-term primary calendar.
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