Imperial Dade, Compuware, MoneyGram free to trade; Press Ganey better on buyout news

By Sara Rosenberg

New York, June 11 – Imperial Dade (BCPE Empire Holdings Inc.) set the spread on its first-lien term loan at the low end of guidance and Compuware Corp. finalized the issue price on its incremental first-lien term loan at the tight side of guidance, and then both of these deals began trading on Tuesday.

Also in the secondary market, MoneyGram International Inc.’s first-lien term loan freed to trade during the session, and Press Ganey Associates Inc.’s first-lien term loan was higher after news surfaced that the company is being acquired.

In other news, Compania Espanola de Petroleos SAU (Cepsa) lowered the spread on its term loan, added a step-down and modified the original issue discount, and Avantor firmed pricing on its U.S. and euro term loans at the tight side of talk and added a leverage-based step-down.

Furthermore, Crosby US Acquisition Corp. reduced the size of its first-lien term loan while also updating price talk and added a second-lien term loan to the structure, and Kindred At Home (Gentiva Health Services Inc.) changed the original issue discount on its add-on first-lien term loan.

Additionally, US Anesthesia Partners released price talk on its add-on term loan B with launch, and Upland Software Inc. and BRP Inc. joined this week’s primary calendar.

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