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Revere Power hits secondary; Dun & Bradstreet, Perforce Software revise deals
By Sara Rosenberg
New York, Feb. 1 – Revere Power LLC reduced the size of its term loan C and then the company’s credit facilities allocated and freed up for trading on Friday, with the strip of term loan C and term loan B debt quoted above its original issue discount.
In more happenings, Dun & Bradstreet Corp. downsized its term loan B, widened the spread, eliminated a pricing step-down and sweetened the call protection.
Also, Perforce Software Inc. shifted some funds between its incremental first-lien term loan and privately placed incremental second-lien term loan, while also tightening the spread and original issue discount on the first-lien debt, and Oregon Clean Energy LLC surfaced with new deal plans.
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