Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers L > Headlines for Lindblad Expeditions Inc. > News item |
CareCentrix, PDC Brands break; Ravn Alaska, Kendra Scott changes emerge; Eldorado sets talk
By Sara Rosenberg
New York, July 8 – CareCentrix Inc. set the spread on its term loan at the high end of guidance, widened the issue price, sweetened the call protection and shortened the maturity by one year ahead of freeing up for trading on Wednesday.
In the secondary market, the term loan was seen quoted at 97¾ bid, 98¾ offered.
PDC Brands’ credit facility hit the secondary market as well, with the $250 million term loan B quoted at 99 bid, par offered.
In more happenings, Ravn Alaska reduced the spread on its term loan and tightened the original issue discount, and Kendra Scott Designs increased pricing on its term loan.
Also, details on Eldorado Resorts Inc.’s credit facility were disclosed with launch, and timing surfaced on Kenan Advantage Group Inc.’s proposed credit facility.
SS& C Technologies Inc. obtained a $2.63 billion senior secured credit facility to help fund its acquisition of Advent Software Inc., which has been completed.
Cirque du Soleil arranged a new $885 million credit facility to fund its buyout by TPG and Fosun Capital.
Finally, Lindblad Expeditions Inc. got a new $175 million term loan to help fund its buyout by Capitol Acquisition Corp. II. That transaction has now closed.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.