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KinderCare, Navicure free up; Web.com, Hillman changes emerge; Quorum accelerates timing
By Sara Rosenberg
New York, Sept. 14 – KinderCare (Kuehg Corp.) and Navicure modified issue prices on their incremental first-lien term loans, and then both of these deals made their way into the secondary market on Friday.
In more happenings, Web.com Group Inc. raised the size of its first-lien term loan and adjusted pricing and original issue discounts on its first- and second-lien term loan tranches.
Also, Hillman Group Inc. widened the spread and issue price on its incremental term loan B and is lifting pricing on its existing term loan B to match the incremental spread, and Quorum Business Solutions (QBS Parent Inc.) moved up the commitment deadline on its first-lien term loan.
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