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Published on 5/13/2021 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Doosan, Columbus McKinnon, Cordis break; Pathway, Sound Physicians, Kenan, Conair updated

By Sara Rosenberg

New York, May 13 – Doosan Bobcat firmed the issue price on its incremental term loan B at the tight end of guidance, and Columbus McKinnon Corp. set pricing on its first-lien term loan B at the low end of guidance and changed the issue price, and then these deals freed to trade on Thursday.

Another deal to make its way into the secondary market during the session was Cordis (Bayou Intermediate II LLC).

In other news, Pathway Vet Alliance LLC increased the size of its incremental first-lien term loan and modified the original issue discount, and Sound Physicians upsized its add-on term loan B, while revising the spread and issue price.

Also, Kenan Advantage Group Inc. firmed the original issue discount on its incremental term loan B at the tight end of guidance, and Conair Corp. firmed the spread on its upsized its first-lien term loan at the narrow side of talk and revised the original issue discount.

Furthermore, Camping World Holdings Inc., Rocket Software Inc., American Rock Salt Co. LLC, ProAmpac and West Marine Inc. (Rising Tide Holdings Inc.) announced price talk with launch.


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