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Kodiak, Webpros break; Cloud, Kestra, Southern Vet, Miter, StandardAero changes emerge
By Sara Rosenberg
New York, March 19 – Kodiak Building Partners increased the size of its incremental term loan B-2 and adjusted the original issue discount, and Webpros upsized its term loan B, lowered the spread and changed the issue price, and then both of these deals freed to trade on Tuesday.
In more happenings, Cloud Software Group Inc. (Picard Parent Inc.) tightened the original issue discount on its first-lien term loan B for a second time, Kestra Advisor Services Holdings A Inc. revised the issue price on its first-lien term loan, and Southern Veterinary Partners LLC modified the original issue discount on its incremental first-lien term loan.
Also, Miter Brands Acquisition Holdco Inc. raised the size of its incremental term loan B-2, StandardAero (Dynasty Acquisition Co.) updated issue prices for its term loan debt, and KinderCare Learning Cos. Inc. (Kuehg Corp.) accelerated the commitment deadline for its incremental first-lien term loan.
Additionally, Kaman Corp. (Ovation Parent Inc.), NRG Energy Inc., Ultra Clean Holdings Inc. and Crisis Prevention Institute Inc. (TEI Holdings Inc.) disclosed price talk with launch, and SupplyOne and Datavant (Ciox Health/CT Technologies Intermediate Holdings Inc.) joined this week’s new issue calendar.
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