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Bangl, Legence, Arconic term loans break; Fortress Investment accelerates deadline
By Sara Rosenberg
New York, July 27 – Bangl LLC set the spread and original issue discount on its term loan B at the wide end of talk and shortened the maturity, and then the debt freed up for trading on Thursday afternoon.
Also, Legence Holdings LLC finalized the issue price on its incremental first-lien term loan at the tight end of revised guidance before breaking for trading, and Arconic Corp.’s term loan B made its way into the secondary market as well.
Additionally, Fortress Investment Group FinCo I LLC moved up the new lender commitment deadline for its term loan B, and H.B. Fuller Co. and Avient Corp. Inc. joined the near-term primary calendar.
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