High Yield Calendar: $4.2 billion being marketed

January 3 Week

ZIPRECRUITER INC.: $500 million senior notes due 2030 (B2/BB-/BB-); JPMorgan, Goldman Sachs, Wells Fargo, Citigroup, KeyBanc (joint); Rule 144A and Regulation S for life; non-callable for three years; for general corporate purposes, which may include capital expenditures, investments and working capital; Santa Monica, Calif.-based online employment services; investor call Wednesday; pricing expected Friday (issuer's debut high-yield deal).

January 10 Week

GOLDENT NUGGET, LLC $3.7 billion notes: $1.85 billion seven-year senior secured notes, initial talk 4½% area, and $1.85 billion eight-year senior unsecured notes, initial talk 6¼% area; Jefferies; both tranches non-callable for three years; proceeds plus $1.85 billion first-lien term loan and $500 million revolver to refinance debt; Las Vegas-based gaming and hospitality company; pricing expected Jan. 12.

On The Horizon

ENTEGRIS INC.: Up to $895 million 364-day senior unsecured bridge loan, and up to $4 billion term loan B; Morgan Stanley; proceeds plus cash on hand to fund the cash portion of the acquisition of CMC Materials Inc., expected to close in the second half of 2022, also refinance certain CMC and Entegris debt, fund working capital and general corporate purposes; Billerica, Mass.-based Entegris and Aurora, Ill.-based CMC Materials supply products and services to the semiconductor industry; financing disclosed in 8-K filed with SEC on Dec. 16.

MCAFEE CORP.: $2.32 billion senior unsecured bridge facility, which may be replaced with senior notes; also $7.66 billion credit facilities; debt commitment from JPMorgan, BofA, Credit Suisse, Barclays, Citigroup, HSBC, RBC, CPPIB, UBS, PSP; to help fund its acquisition by an investor group led by Advent International Corp., Permira Advisers LLC, Crosspoint Capital Partners, Canada Pension Plan Investment Board, GIC Private Ltd. and Abu Dhabi Investment Authority, expected to close in first half of 2022; San Jose, Calif.-based provider of online protection for consumers; information from 8-K filed with SEC on Nov. 8.

PRINCE INTERNATIONAL CORP.: $1.26 billion senior notes and $2.27 billion credit facilities, debt commitment from Barclays and Credit Suisse; proceeds plus $200 million of equity to help fund its acquisition of Ferro Corp., expected to close in the first quarter of 2022; Prince is a Houston-based supplier of specialty products for niche applications in the construction, electronics, consumer products, agriculture, automotive, oil & gas, industrial and other end markets; disclosed in PREM14A filed with SEC.

Roadshows

Started Jan. 5: ZIPRECRUITER: $500 million; JPMorgan, Goldman Sachs, Wells Fargo, Citigroup, KeyBanc

Pricing expected Jan. 12: GOLDENT NUGGET $3.7 billion; Jefferies

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