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Published on 3/20/2024 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Vistra Zero, Entegris, Southern Veterinary break; Miter, Medline, Beacon updated

By Sara Rosenberg

New York, March 20 – Vistra Zero Operating Co. LLC trimmed the spread on its term loan B and revised the original issue discount, and Entegris Inc. firmed pricing on its first-lien term loan B at the low end of talk, and then these deals freed to trade on Wednesday.

Another deal to make its way into the secondary market during the session was Southern Veterinary Partners LLC’s incremental first-lien term loan.

In more happenings, Miter Brands Acquisition Holdco Inc. changed the size of its incremental term loan B-2, reduced the margin and modified the original issue discount, Medline Borrower LP firmed the spread and the issue price on its first-lien term loan at the tight end of guidance, and Beacon Roofing Supply Inc. upsized the add-on portion of its term loan B and updated the issue price.

Also, KinderCare Learning Cos. Inc. (Kuehg Corp.) increased the size of its incremental first-lien term loan B and adjusted the original issue discount, and Zekelman Industries Inc. set the issue price on its term loan B at the tight side of guidance and added a pricing step-down.

Furthermore, SupplyOne Inc. and Datavant (Ciox Health/CT Technologies Intermediate Holdings Inc.) released price talk with launch, and Paradigm (Outcomes Group Holdings Inc.), ECi Software Solutions, Dye & Durham, Tekni-Plex Inc. (Trident TPI Holdings Inc.) and Veritext joined this week’s new issue calendar.


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