Renaissance Learning frees to trade; secondary better with favorable financial sector news

By Sara Rosenberg

New York, March 16 – Renaissance Learning Inc. widened the original issue discount on its first-lien term loan and then the debt made its way into the secondary market on Thursday.

In general, the secondary market was a little stronger over the session, helped by a rebound in equities and some calming news in the financial sector.

Meanwhile, in the primary market, Tricor/Vistra (Thevelia (US) LLC) joined this week’s calendar with a multi-currency incremental term loan B.

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