II-VI, WideOpenWest, Southwestern, Cowen, Kodiak break; multiple deal updates surface

By Sara Rosenberg

New York, Dec. 8 – II-VI Inc. changed the Libor floor on its term loan B and finalized the original issue discount at the wide end of talk, WideOpenWest Finance LLC (WOW!) set the original issue discount on its first-lien term loan B at the tight end of guidance, and Southwestern Energy Co. lowered pricing on its term loan and revised the original issue discount, and then these deals freed to trade on Wednesday.

Also, Cowen Inc. firmed the issue price on its incremental first-lien term loan B at the tight end of talk before breaking for trading, and Kodiak Building Partners’ add-on term loan B hit the secondary market as well.

In more happenings, Mediaocean increased its first-lien term loan size, set pricing at the narrow side of guidance and removed one leverage-based step-down, US Radiology Specialists Inc. lifted the spread on its incremental first-lien term loan and repriced first-lien term loan, and updated the original issue discount on the incremental piece, Installed Building Products Inc. finalized pricing on its term loan B at the low end of guidance, and Cloudmed upsized its incremental first-lien term loan B and adjusted the original issue discount.

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