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Published on 7/23/2019 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Press Ganey frees to trade; Ensemble Health, Citgo, Mannington Mills deal updates emerge

By Sara Rosenberg

New York, July 23 – Press Ganey Associates Inc. (Emerald TopCo Inc.) saw allocations go out on its credit facilities on Tuesday, and the first-lien term loan broke for trading, with levels quoted above its original issue discount.

Over in the primary market, Ensemble Health Partners reduced pricing on its term loan, removed a leverage-based step-down and revised the issue price, and Citgo Holding Inc. lowered the spread on its term loan and modified the original issue discount.

Also, Mannington Mills firmed pricing on its term loan B at the tight end of guidance, and BroadStreet Partners Inc., Midcontinent Communications and Veritext Corp. moved up the commitment deadlines for their term loans.

Additionally, CityMD (WP CityMD Bidco LLC), Chief Power Finance LLC, AmWINS Group LLC, Knowlton Development Corp. and Janus International Group released price talk with launch, and Claros Mortgage Trust Inc. surfaced with new deal plans.


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