United Pacific, Ahead DB, Insulet, Mitratech break; PQ, Cubic, Alliant updates surface

By Sara Rosenberg

New York, April 29 – United Pacific firmed the spread on its term loan B debt and modified the Libor floor before freeing up for trading on Thursday, and deals from Ahead DB Holdings LLC, Insulet Corp. and Mitratech made their way into the secondary market as well.

In more happenings, PQ Performance Chemicals lowered pricing on its first-lien term loan, removed one step-down and tightened the original issue discount, Cubic Corp. set the spread on its term loans at the high side of talk., and Alliant Holdings upsized its add-on first-lien term loan B-3 and set the issue price at the tight end of guidance.

Also, Therapy Brands Holdings LLC, Cordis (Bayou Intermediate II LLC), Socotec, ANI Pharmaceuticals Inc. and SmartBear (AQA Acquisition Holdings Inc.) released price talk with launch, and HelpSystems joined the near-term primary calendar.

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