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American Airlines breaks; Inspire, Ineos changes emerge; ArcLight, Aggreko, AmWINS set talk
By Sara Rosenberg
New York, Feb. 8 – American Airlines Inc. set the spread on its term loan B at the low end of guidance and tightened the issue price, and then the debt made its way into the secondary market late in the day on Wednesday.
Also, Inspire Brands Inc. (IRB Holdings Corp.) reduced pricing on its first-lien term loan, revised the original issue discount and changed the debt to be fungible with an existing term loan, and Ineos Group Holdings increased the combined total size of its U.S. and euro term loans and U.S. and euro senior secured notes offerings.
Furthermore, ArcLight GCX (AL GCX Holdings LLC), Aggreko LLC and AmWINS Group Inc. released price talk with launch.
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