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PG&E breaks; Surgery Partners revised; Nuvei, Iron Mountain, Alliant, CQP and more set talk
By Sara Rosenberg
New York, Dec. 4 – PG&E Corp. reduced pricing on its term loan B and then the debt made its way into the secondary market on Monday, with levels quoted above its original issue discount.
In more happenings, Surgery Partners Inc. (Surgery Center Holdings Inc.) lowered the spread on its first-lien term loan and the expectation is that allocations will go out on Tuesday.
Also, Nuvei Corp., Iron Mountain Information Management LLC, Alliant Holdings Intermediate LLC, CQP Holdco LP, Avolon, Vertiv Group Corp., Arcis Golf LLC, Authentic Brands Group (ABG Intermediate Holdings 2 LLC) and Cvent Holding Corp. (Capstone Borrower Inc.) all released price talk on their term loans in connection with lender calls.
Furthermore, Chobani LLC and IntraFi Network LLC (Nexus Buyer LLC) joined this week’s new issue calendar with incremental term loans.
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