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Lakeshore, Global Medical, Therma break; Medline, MDVIP, Mold-Rite, Xplornet, Oryx revised
By Sara Rosenberg
New York, Sept. 29 – Lakeshore Learning (Lakeshore Intermediate LLC) lowered pricing on its first-lien term loan, removed the step-downs and made some changes to documentation before freeing up for trading, and deals from Global Medical Response and Therma Holdings LLC (Refficiency Holdings LLC) made their way into the secondary market too.
In more happenings, Medline Industries reworked its U.S. and euro term loan sizes and updated price talk, MDVIP modified sizes, spreads and issue prices on its first -and second-lien term loans, and Mold-Rite Plastics LLC (Valcour Packaging LLC) increased the size of its first-lien term loan, and tightened the spread and original issue discount.
Also, Xplornet Communications Inc. moved some funds between its first -and second-lien term loans and updated pricing, and Oryx Midstream Services Permian Basin LLC upsized its term loan B, reduced the spread and finalized the issue price at the tight end of guidance.
Additionally, Jack Entertainment LLC (Jack Ohio Finance LLC) trimmed pricing on its first-lien term loan and revised the original issue discount, and Spirit AeroSystems Holdings Inc. tightened price talk on its term loan B.
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