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Published on 5/25/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

DT Midstream, Camping break; Carnival, Insight revised; Maximus, U.S. Concrete accelerated

By Sara Rosenberg

New York, May 25 – DT Midstream Inc. lowered the spread on its term loan B and finalized the original issue discount at the tight end of talk, and Camping World Holdings Inc. set pricing on its term loan B at the low side of guidance, and then both of these deals freed to trade on Tuesday.

Also in the secondary market, Culligan Holding Inc. (AI Aqua Merger Sub Inc.) saw all of its term loan levels shift in trading following news of a buyout by BDT Capital Partners LLC.

In other news, Carnival Corp. trimmed price talk on its U.S. term loan B, set the spread on its euro term loan B at the low end of talk and tightened original issue discounts on both tranches, and Insight Global (IG Investments Holdings LLC) increased the size of its incremental first-lien term loan, reduced pricing and modified the issue price, and added a repricing of its existing first-lien term loan to the mix.

Additionally, Maximus Inc. and U.S. Concrete Inc. moved up the commitment deadlines for their loan transactions, Mission Broadcasting Inc. and System One Holdings LLC announced price talk with launch and Aimbridge Hospitality emerged with repricing plans.


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