Kodiak Building seeks term loan amendment to transition to SOFR

By Sara Rosenberg

New York, Jan. 24 – Kodiak Building Partners is looking to amend its term loan to migrate to SOFR from Libor and add 10 basis points CSA, according to a market source.

RBC Capital Markets is the lead on the deal.

The amendment deadline is 5 p.m. ET on Friday, the source added.

Kodiak Building is a Highlands Ranch, Colo.-based building products distribution platform and provider of fabrication and assembly services.

© 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.