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Tamko Building breaks; American Airlines softens; Iridium, USI, Bausch, AerCap updated
By Sara Rosenberg
New York, Sept. 13 – Tamko Building Products LLC modified the original issue discount on its term loan B before freeing up for trading on Wednesday, and American Airlines Group Inc.’s term loans were a little weaker as the company revised its projected third quarter earnings lower due to higher fuel prices.
In more happenings, Iridium Satellite LLC changed the original issue discount on its term loan B and removed the CSA, and USI Inc. added a term loan tranche to its transaction for the purpose of refinancing debt, and tightened the spread and issue price on its incremental first-lien term loan B.
Also, Bausch + Lomb Corp. revised the original issue discount on its term loan B, AerCap (Delos Aircraft DAC) changed the issue price talk on its term loan B, and Syneos Health Inc. moved up the commitment deadline for its term loan B.
Furthermore, Viasat Inc., NCR Atleos LLC and BCP Renaissance Parent LLC released price talk with launch, and ProAmpac joined this week’s primary calendar.
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