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Published on 2/19/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Domtar, Gates, Graham, Arclin, Spectrum, Ancestry, Array, Grosvenor and more break

By Sara Rosenberg

New York, Feb. 19 – Domtar Personal Care increased the size of its first-lien term loan, lowered the spread and tightened the original issue discount, Gates Global LLC finalized the original issue discount on its first-lien term loan at the tight side of talk, trimmed the Libor floor and added a pricing step-down, and Graham Packaging Co. Inc. set the spread on its first-lien term loan at the low end of guidance, and then these deals freed to trade on Friday.

Also, before breaking for trading, Arclin firmed pricing on its first-lien term loan at the high side of talk and added a step-down, Spectrum Brands Inc. upsized its term loan B, and revised the spread and original issue discount, and Ancestry.com (Arches Buyer Inc.) finalized pricing on its first-lien term loan at the wide end of talk.

Array Technologies reduced the size of its first-lien term loan B, set pricing at the low end of guidance and trimmed the Libor floor, and Grosvenor Capital Management Holdings LLLP changed the Libor floor on its first-lien term loan B, and then these deals began trading as well.

Other deals to make their way into the secondary market included Enterprise Development Authority, Patriot Rail & Ports, Ravago Holdings America Inc., EagleView Technology Corp. and AHP Health Partners Inc.


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