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Published on 2/3/2023 in the Prospect News CLO Daily and Prospect News High Yield Daily.

CQP Holdco, First Brands term loans break; Indicor, H.B. Fuller deal changes emerge

By Sara Rosenberg

New York, Feb. 3 – CQP Holdco LP launched in the morning an add-on term loan B, revised the issue price in the afternoon and freed the debt up for trading later in the day, and First Brands Group LLC’s incremental first-lien term loan made its way into the secondary market as well.

In more happenings, Indicor (Roper Industrial Products Investment Co. LLC) reduced the spread on its U.S. first-lien term loan for a second time and revised the original issue discount again, and finalized the discount on its euro term loan at the tight end of revised talk.

Also, H.B. Fuller Co. set the spread on its first-lien term loan B at the low end of guidance, tightened the issue price and moved up the commitment deadline, and Par Petroleum LLC joined the near-term primary calendar.


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