SI lower after downgrade; Internet Brands restructures; BroadStreet, Kenan, MRC set talk

By Sara Rosenberg

New York, April 24 – SI Group (SK Mohawk Holdings Sarl) saw its term loan soften in trading on Monday on the back of a ratings downgrade by S&P Global Ratings, and Getty Images Holdings, Inc.’s term loan held steady following news that Trillium Capital LLC has offered to purchase the company as the debt was already trading wrapped around par.

Meanwhile, in the primary market, Internet Brands modified its term loan transaction to an amendment and extension from a refinancing, BroadStreet Partners Inc., Kenan Advantage Group Inc. and MRC Global Inc. released price talk in connection with their lender calls, and Copeland joined this week’s new issue calendar.

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