THL and Linden-Backed Smile Doctors Weighs $2 Billion Debt Deal

Smile Doctors LLC is in talks with investors to refinance roughly $2 billion of debt to lower its borrowing costs, according to people familiar with the discussions.

The orthodontics-focused dental company has hired Barclays Plc to lead a potential transaction in the US leveraged loan market, said the people, who requested anonymity to discuss private deliberations.