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Published on 3/26/2024 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Kaman term loan breaks; SupplyOne, Swissport updates emerge; Avient, ADT set price talk

By Sara Rosenberg

New York, March 26 – Kaman Corp. (Ovation Parent Inc.) increased the size of its term loan B and modified the original issue discount for a second time, and then the debt made its way into the secondary market on Tuesday.

In more happenings, SupplyOne Inc. upsized its term loan B, lowered the margin and tightened the issue price, and Swissport set its U.S. and euro term loan B sizes, trimmed the spread on the debt, revised original issue discount talk on the U.S. piece and finalized the discount on the euro piece.

Also, Avient Corp. came out with size and price talk on its term loan B-8 in connection with its lender call, and ADT Inc. (Prime Security Services Borrower LLC) approached investors with a repricing proposal.

Furthermore, MyEyeDr. (MED ParentCo. LP) and Genesee & Wyoming Inc. joined this week’s primary calendar.


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