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CPG, Quikrete, Quebecor break; Air Medical, Kronos, Dayco Products reveal deal revisions
By Sara Rosenberg
New York, May 4 – CPG International’s extended term loan made its way into the secondary market on Thursday with levels quoted above its original issue discount, and Quikrete Co. and Quebecor Media Inc. freed to trade as well.
Switching to the primary market, Air Medical Group Holdings Inc. widened price talk on its add-on term loan B and tweaked the original issue discount guidance, and Kronos Inc. increased the size of its term loan B, set the spread at the high side of talk and added a leverage-based pricing step-down.
In addition, Dayco Products LLC raised pricing on its term loan, modified the original issue discount and extended the call protection, and Michael Baker International LLC withdrew its term loan B from market.
Furthermore, Macom Technology Solutions Holdings Inc. and Market Track released price talk with launch, and Array Canada Inc. joined this week’s primary calendar.
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