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Internet Brands, TransDigm, KinderCare, DXP Enterprises, ClubCorp, IPS, RadNet break
By Sara Rosenberg
New York, Aug. 16 – Internet Brands Inc. moved some funds between its first-and second-lien term loans and updated pricing, and TransDigm Inc. revised the original issue discount on its term loan G, and then both of these deals emerged in the secondary market on Wednesday.
Also, before freeing to trade, KinderCare (Kuehg Corp.) shifted funds between its term loans and firmed the spread on its second-lien tranche at the low end of talk, and DXP Enterprises Inc. set pricing on its term loan B at the tight side of guidance, and deals from ClubCorp Holdings Inc., IPS Intermediate Holding Corp. and RadNet Management Inc. broke as well.
In more happenings, Trinseo Materials set pricing on its term loan at the low end of talk and modified the issue price, and Eastern Power LLC set pricing on its term loan at the high end of guidance, widened the issue price and extended the call protection.
Furthermore, Give & Go Prepared Foods Corp. lowered the spread on its term loan and tightened the original issue discount, and Grosvenor Capital Management increased the size of its add-on first-lien term loan and tightened the original issue discount.
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