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Catalent drops with expected guidance change; Focus accelerated; Atlantic Aviation sets talk
By Sara Rosenberg
New York, May 8 – Catalent Inc.’s term loan headed lower in the secondary market on Monday after the company announced that it expects to reduce both its fiscal 2023 net revenue and adjusted EBITDA guidance and is delaying the release of its third fiscal quarter results by about a week.
Meanwhile, in the primary market, Focus Financial moved up the commitment deadline for its first-lien term loan B-6, and Atlantic Aviation (KKR Apple Bidco LLC) released price talk with launch.
Also, Nouryon, KinderCare Learning Cos. and Cvent Holding Corp. (Capstone Borrower Inc.) joined this week’s new issue calendar.
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