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Duravant, Hubbard Radio, Cast & Crew free to trade; First Data strengthens on merger news
By Sara Rosenberg
New York, Jan. 16 – Duravant LLC (Engineered Machinery Holdings Inc.) firmed pricing on its incremental first-lien term loan at the high side of guidance and Hubbard Radio LLC set the original issue discount on its add-on term loan, and then both of these deals broke for trading on Wednesday.
Also hitting the secondary market was Cast & Crew Entertainment Services’ first-lien term loan, and First Data Corp.’s term loan gained some ground in trading after it was announced that the company will be acquired by Fiserv.
Switching to the primary market, DiscoverOrg LLC and Radiology Partners Inc. disclosed price talk on their term loans with launch.
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