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Published on 12/1/2022 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Sebia, DexKo, Electro Rent free to trade; Entain reworks term loan sizes; Vistage on deck

By Sara Rosenberg

New York, Dec. 1 – Sebia increased sizes of its U.S. and euro term loans and DexKo Global Inc. modified the original issue discount on its first-lien term loan, and then both of these deals broke for trading on Thursday.

Also, before making its way into the secondary market, Electro Rent Corp. set the size of its amended and extended covenant-lite first-lien term loan and revealed that it is now leaving a small non-extended term loan tranche in place.

In more happenings, Entain plc upsized its U.S. add-on term loan B and its euro term loan B, and Vistage Worldwide joined the near-term primary calendar with an add-on first-lien term loan.


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