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Published on 3/7/2024 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Ineos, Fertitta, ICON, Pacific Dental, First Brands, Teneo, Station, Bakelite loans updated

By Sara Rosenberg

New York, March 7 – On Thursday, Ineos Quattro finalized the size of its U.S. and euro add-on term loan B, and set the original issue discount on the euro piece at the tight end of guidance, Fertitta Entertainment LLC increased the size of its first-lien term loan, and ICON plc modified price talk on its term loan B.

Also, Pacific Dental Services LLC set the spread on its term loan B at the low end of guidance and tightened the original issue discount, and First Brands Group LLC upsized its U.S. and euro incremental term loans, changed the issue price on the U.S. tranche and firmed the discount on the euro tranche at the tight side of talk.

In addition, Teneo Holdings LLC (Thor FinCo LLC) raised the size of its first-lien term loan and finalized pricing at the low end of guidance, Station Casinos LLC (Red Rock Resorts) upsized its term loan B, trimmed the spread and set the issue price at the tight side of talk, and Bakelite Synthetics changed the original issue discount on its incremental first-lien term loan.


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