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Hoffmaster breaks; Veritext, SunSource changes surface; Vantage Specialty discloses guidance
By Sara Rosenberg
New York, Aug. 13 – Hoffmaster Group Inc.’s incremental term loan B made its way into the secondary market on Monday, with levels quoted above its original issue discount.
Meanwhile, in the primary market, Veritext Corp. upsized its delayed-draw first-lien term loan, lowered pricing on its second-lien term loan and modified original issue discounts on its first-and second-lien tranches.
Also, SunSource Holdings Inc. raised pricing on its incremental first-lien term loan and is increasing the spread on its existing first-lien term loan, and Vantage Specialty Chemicals Holdings Inc. released price talk on its add-on term loan B with launch.
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