AMERICAS DISTRESS DAILY: Clearlake’s Wheel Pros Misses Payments

Clearlake Capital Group-backed Wheel Pros LLC skipped interest payments due on some of its term loan debt, according to people with knowledge of the matter.

The company, which announced a rebranding to Hoonigan last year, told investors it has triggered a brief grace period to make the overdue payments, said the people, who asked not to be identified discussing a private matter.

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