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Carnival, KinderCare, TRC, End-User Computing, PointClickCare loans break for trading
By Sara Rosenberg
New York, April 19 – Carnival Corp. set the issue price on its term loans at the tight side of talk, and KinderCare Learning Cos. Inc. (Kuehg Corp.) firmed the issue price for net new money on its term loan B at the tight end of guidance, and then these deals freed to trade on Friday.
Also, TRC Cos. LLC (Energize Holdco) modified the original issue discount on its incremental first-lien term loan before breaking for trading, and deals from End-User Computing (Modena Buyer LLC) and PointClickCare Technologies Inc. made their way into the secondary market as well.
In more happenings, Ribbon Communications Inc. joined the near-term primary calendar with plans for a new term loan B that would refinance existing debt.
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