Colibri breaks; Standard Industries, Ring Container, Ardent updates emerge; GEON accelerated

By Sara Rosenberg

New York, Aug. 4 – Colibri modified the original issue discount on its add-on term loan B and then the debt freed up for trading on Wednesday afternoon.

In more happenings, Standard Industries Inc. set the spread on its first-lien term loan B at the high end of guidance, increased the Libor floor and widened the issue price talk, and Ring Container Technologies Group increased the size of its term loan B, firmed pricing at the low end of talk, added a step-down and revised original issue discount guidance.

Also, Ardent Health Services (AHP Health Partners Inc.) finalized pricing on its term loan B at the low end of talk, and GEON Performance Solutions LLC accelerated the commitment deadline for its credit facilities.

Furthermore, Pro Mach Group Inc., W.R. Grace & Co., Teaching Strategies (Foundational Education Group Inc.), Herschend Family Entertainment, Mavenir Systems Inc., RealPage Inc. and AIT Worldwide Logistics released price talk with launch, and LendingTree surfaced with new deals plans.

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