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Published on 6/20/2019 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Nexstar frees up; Confluent loan updates surface; Westinghouse revises commitment deadline

By Sara Rosenberg

New York, June 20 – Nexstar Media Group Inc.’s bank debt made its way into the secondary market on Thursday, with the incremental term loan B quoted above its original issue discount.

Over in the primary market, Confluent Health LLC firmed the spread on its term loan at the high end of guidance, extended the call protection and made a number of documentation changes.

Also, Westinghouse Electric Co. (Brookfield WEC Holdings Inc.) accelerated the commitment deadline for its incremental first-lien term loan.

In addition, Consolidated Container Co. LLC released size and price talk on its incremental term loan with its lender call.


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