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Published on 11/21/2023 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Augusta Sportswear frees to trade; PremiStar trims term loan size; NorthStar withdrawn

By Sara Rosenberg

New York, Nov. 21 – Augusta Sportswear Brands widened pricing on its term loan and then the debt made its way into the secondary market on Tuesday, with levels quoted above the original issue discount.

Also, PremiStar reduced the size of its fungible add-on covenant-lite first-lien term loan and then allocations were distributed during the session.

Furthermore, NorthStar Group Services Inc. opted to pull its first-lien term loan from market, which was going to be used to refinance existing debt.


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