Verifone, Navex, Compass, Herbalife, Compuware, Newport, BJ’s break; Advisor Group edited

By Sara Rosenberg

New York, Aug. 9 – Verifone Systems Inc. moved some funds between its first-and second-lien term loans and finalized spreads on the tranches at the low end of guidance, and Navex Global Inc. lowered pricing on its first-and second-lien term loans and firmed the issue price on the first-lien tranche at the tight side of talk, and then both of these deals freed up for trading on Thursday.

Also, Compass Power Generation LLC finalized the spread on its term loan B at the wide end of guidance before hitting the secondary market, and deals from Herbalife Nutrition Ltd., Compuware Corp., Newport Group and BJ’s Wholesale Club Inc. broke too.

In other news, Advisor Group Inc. upsized its term loan, set pricing at the low side of talk and tightened the original issue discount, and Cetera Financial Group, Veritext Corp. and Hoffmaster Group Inc. accelerated the commitment deadlines on their loan transactions.

Furthermore, Eastern Power LLC came to market with an add-on term loan B, and SS&C Technologies Inc. joined the near-term primary calendar.

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