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Alion Science frees up; Epicor updates terms; First Brands lifts loan size; Ryan accelerated
By Sara Rosenberg
New York, July 22 – Alion Science & Technology Corp.’s first-lien term loan made its way into the secondary market on Wednesday morning, with levels quoted above its original issue discount.
Moving to the primary market, Epicor Software Corp. finalized the original issue discount on its first-lien term loan at the tight side of guidance, and set the spread on its second-lien term loan at the low end of talk while tightening the discount price.
Also, First Brands Group LLC increased the size of its incremental first-lien term loan, Ryan Specialty Group LLC accelerated the commitment deadline for its term loan B, and Graham Packaging Co. Inc. and ProMach Group Inc. released price talk on their term loans with launch.
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