High Yield Calendar: $6.33 billion, €1.33 billion and £945 million being marketed

APRIL 11 WEEK

IGATE CORP.: $770 million senior notes due 2016 (B2/B+); Jefferies & Co., RBC Capital Markets; Rule 144A with registration rights; non-callable for three years; to help fund the acquisition of 83.6% of the outstanding shares of Patni Computer Systems Ltd., a Mumbai, India-based information technology services company; iGate is a Freemont, Calif.-based integrated technology and operations services provider; price talk 8¾% to 9% yield; books close 5 p.m. ET Wednesday; pricing Thursday morning.

CHESAPEAKE MIDSTREAM PARTNERS, LP and CHKM FINANCE CORP.: $350 million senior notes due 2021 (Ba3); Credit Suisse Securities, Wells Fargo Securities LLC, Goldman Sachs & Co., RBS Securities Inc. (joint); Rule 144A and Regulation S with registration rights; callable in four years at par plus 75% of coupon; three-year 35% equity clawback; 101% poison put; to repay revolver and for general corporate purposes; Oklahoma City-based owner, operator, developer and acquirer of natural gas gathering systems and other midstream energy assets; price talk 5 7/8% to 6%; books close 10 a.m. ET Thursday, pricing thereafter.

CMA CGM SA $810 million equivalent senior notes (B2/B-): Approximately $375 million notes due 2017, non-callable for three years, price talk 8 5/8% area; Deutsche Bank Securities Inc. (bill and deliver) and €300 million notes due 2019, non-callable for four years, price talk 9% area; BNP Paribas (bill and deliver); BNP Paribas, Deutsche Bank, SG CIB, Citigroup, Natixis Bleichroeder (joint books); to refinance all dollar- and euro-denominated notes and for general corporate purposes; Marseille, France-based maritime shipping firm; pricing expected Thursday afternoon, U.K. time.

SIZZLING PLATTER, LLC: $150 million first-lien senior secured notes due 2016 (Caa1/B-/); Global Hunter Securities, Maxim Group, Knight Capital Markets; non-callable for two years; to refinance debt and for general corporate purposes; Murray, Utah-based restaurant management company; price talk 12% area; pricing expected early April 11 week; launched with 12¼% coupon; pricing expected Thursday.

FROSTBITE 1 AB (DOMETIC CORP.): €200 million senior PIK notes due 2019 (expected ratings Caa1/CCC+); Goldman Sachs International (sole); Rule 144A and Regulation S; non-callable for four years; part of the financing for the acquisition of the Dometic Group by funds advised by EQT V Ltd.; Elkhart, Ind.-based provider of leisure products for the caravan, motor home, automotive, truck and marine markets; European roadshow April 11-13.

AMERICAN ROCK SALT CO. LLC: $200 million second-lien senior secured notes due 2018 (B3/CCC+); Morgan Stanley & Co. Inc. (books), RBS Securities Inc. (co); Rule 144A for life; non-callable for three years; to repay debt at the holding company and fund a dividend; Retsof, N.Y.-based producer of highway deicing rock salt; roadshow April 11 week; investor call 10:30 a.m. ET Monday; pricing expected late April 11 week.

BOPARAN FINANCE PLC: £695 million equivalent senior notes due 2018 (expected ratings Ba3/B+) in euro-denominated and sterling-denominated notes; Goldman Sachs International (books), Rabobank (co); non-callable for four years; proceeds, along with proceeds from a new revolver, to fund acquisition of Northern Foods by Ranjit Boparan, and to refinance debt and fund pension obligations of Northern Foods; Leeds, England-based food manufacturer; Europe only roadshow April 7-14.

CALUMET SPECIALTY PRODUCTS PARTNERS, LP and CALUMET FINANCE CORP.: $375 million senior notes due 2019 (/B/); Merrill Lynch, Goldman Sachs & Co. (joint), Barclays Capital Inc., Deutsche Bank Securities Inc., Wells Fargo Securities LLC (co's); Rule 144A with registration rights; non-callable for four years; 101% poison put; proceeds, along with revolver, to repay senior secured term loan; Indianapolis-based producer and seller of specialty hydrocarbon products; pricing April 11 week.

LEE ENTERPRISES, INC. $1.05 billion senior secured notes: $675 million first-lien notes due 2017 (B3/B) and $375 million second-lien notes due 2018 (Caa2/CCC+) with warrants; Credit Suisse Securities, Deutsche Bank Securities Inc. (joint); Rule 144A and Regulation S with registration rights; both tranches non-callable for three years (Special call allows issuer to redeem 10% of the first-lien notes annually at 103 during the non-call period); 101% poison put for both tranches; to refinance existing Pulitzer notes, revolver and term loan A; Davenport, Iowa-based newspaper publisher; roadshow April 11 week.

SOUTHERN WATER (GREENSANDS) FINANCING PLC: £250 million notes due 2019; Deutsche Bank, HSBC, UBS; Regulation S only; non-callable; to refinance debt; Worthing, England water drinking water supplier; roadshow ends April 14.

ALBA GROUP PLC & CO. KG: €200 million senior notes due 2018; Deutsche Bank (bill and deliver), Commerzbank, IKB, UniCredit, WestLB (joint), HSH Nordbank (co); Rule 144A and Regulation S for life; non-callable for three years; to refinance debt; waste management company based in Berlin; roadshow started April 12.

GEO TRAVEL FINANCE SCA: €175 million senior notes due 2019 (confirmed Caa1/expected B-); Goldman Sachs International, Credit Suisse (joint), SG CIB, UBS (co's); Rule 144A and Regulation S for life; non-callable for four years; to help fund the acquisition of Opodo by Permira Advisers LLP and AXA SA from Amadeus IT, and to refinance the eDreams and Go Voyages credit facilities; pan-European travel agency with headquarters in London; roadshow started April 12.

ELSTER FINANCE BV: €250 million senior notes due 2018 (expected ratings Ba2/BB-); Merrill Lynch (bill and deliver), J.P. Morgan Securities LLC (physical books), Deutsche Bank, Goldman Sachs International (joint books), BayernLB, Credit Agricole CIB, ING, LBBW Securities, Mizuho Securities, Natixis Bleichroeder, SEB, UniCredit (co's); Rule 144A and Regulation S; non-callable for three years; to repay bank debt; Essen, Germany-based provider of gas, electricity and water meters; roadshow April 12-15, pricing thereafter.

GOODYEAR DUNLOP TIRES EUROPE BV: €250 million senior notes due 2019 (Ba2); J.P. Morgan, BNP Paribas, Credit Agricole CIB (joint), HSBC, Natixis Bleichroeder, UniCredit (co's); non-callable for four years; to refinance bank debt; Diegem, Belgium-based tire manufacturer; roadshow April 13-15.

BUILDERS FIRSTSOURCE, INC.: $250 million senior secured first-priority notes due 2019 (Caa2/CCC); UBS Investment Bank (lead left), Goldman Sachs & Co., Wells Fargo Securities (joint books), SunTrust Robinson Humphrey Inc. (co); Rule 144A and Regulation S with registration rights; non-callable for four years; to redeem the second-priority senior secured floating-rate notes due 2016, as well as outstanding floating-rate notes due 2012, to repay revolver, for working capital and for general corporate purposes; Dallas-based building products company; roadshow started April 5.

APRIL 18 WEEK

DEMATIC SA: $300 million senior secured first-lien notes due 2016 (B3/B); J.P. Morgan Securities LLC, Deutsche Bank Securities Inc.; Rule 144A and Regulation S for life; callable in two years at par plus 50% of coupon; to repay term loan and fund dividend; global supplier of logistics and materials handling solutions; roadshow started April 12; pricing expected April 18.

IDEAL STANDARD INTERNATIONAL SA: €250 million senior secured notes due 2018 (expected ratings Caa1//B+); Goldman Sachs International, Deutsche Bank; non-callable for three years; to refinance debt; designer and manufacturer of residential plumbing fixtures, based in Brussels, Belgium; European roadshow through April 18.

CALCIPAR SA (CARMEUSE SA): $375 million senior secured notes due 2018 (/BB-/); J.P. Morgan Securities LLC, BNP Paribas SA, Credit Agricole CIB, ING Group NV; non-callable for four years; proceeds, along with €380 million revolver, to repay and cancel most existing senior credit facilities which were maturing from 2011 through 2013; Louvain-la-Neuve, Belgium-based limestone producer; U.S. roadshow started April 11; European roadshow early April 18 week.

MPT OPERATING PARTNERSHIP, LP and MPT FINANCE CORP. (MEDICAL PROPERTIES TRUST, INC.): $450 million senior notes due 2021 (/BB/); J.P. Morgan Securities LLC, Merrill Lynch, Deutsche Bank Securities Inc., RBC Capital Markets (joint), KeyBanc Capital Markets (senior co), BBVA Securities, Morgan Keegan, Raymond James, SunTrust Robinson Humphrey Inc. (co's); Rule 144A and Regulation S with registration rights; non-callable for five years; to repay and terminate its $15 million term loan, repay revolver, repay and terminate the $9 million term loan collateralized by the company's rehabilitation hospital in Wichita, Kan., repay and terminate $150 million term loan and $9 million collateralized term loan, for general business purposes, which may include investment opportunities and debt reduction; Birmingham, Ala.-based real estate investment trust that acquires and develops net-leased health-care facilities; roadshow started April 13; pricing expected April 18.

CONSOLIDATED MINERALS LTD.: $400 million senior secured notes due 2016 (B2/BB-); Deutsche Bank Securities Inc., Citigroup (joint), Macquarie (co); Rule 144A and Regulation S for life; non-callable for three years; to repay shareholder loans and for general corporate purposes; St. Helier, Australia-based manganese mining firm with operations in Australia and Ghana; pricing expected during April 18 week following global roadshow.

SECONDARY OFFERING

INTELSAT (LUXEMBOURG) SA: Approximately $854 million 11½%/12½% senior PIK election notes due Feb. 4, 2017 ($2.231 billion priced in June 2008); Morgan Stanley & Co. (sole); Rule 144A for life; callable Feb. 15, 2013 at 105.75, 102.875, par on and after Feb. 15, 2015; Intelsat receives no proceeds; deal to be marketed during April 11 week; Luxembourg-based provider of fixed satellite services; to be marketed during April 11 week.

EXPECTED APRIL BUSINESS

CUMULUS MEDIA INC.: $500 million senior notes, also $2.525 billion credit facility; J.P. Morgan Securities LLC, UBS Investment Bank and Macquarie Capital; to help fund its acquisition of Citadel Broadcasting Corp. (expected to close by the end of 2011), and refinance outstanding debt of Cumulus, Citadel and Cumulus Media Partners LLC; financing also includes $500 million of equity from Crestview Partners and Macquarie Capital; Cumulus Media is an Atlanta-based radio broadcaster; expected April business.

EMERGENCY MEDICAL SERVICES CORP.: $950 million senior notes; also $1.725 billion credit facility; debt financing to be led by Barclays Capital Inc., Deutsche Bank Securities Inc., Merrill Lynch, Morgan Stanley & Co. Inc., RBC Capital Markets, UBS Investment Bank; proceeds, along with equity, to fund buyout of the company by Clayton, Dubilier & Rice LLC; Greenwood Village, Colo.-based provider of health care transportation services and outsourced physician services to health care facilities; expected to launch in April 2011.

NEWLEAD HOLDINGS LTD.: $120 million senior secured bonds due 2016; Rule 144A and Regulation S; to finance certain vessel purchase commitments, to refinance the debt of certain vessels and for general corporate purposes; Piraeus, Greece-based international, vertically integrated mixed fleet shipping company.

RURAL/METRO CORP.: New high-yield bonds and credit facility; Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc. and Jefferies & Co. are leading the financing; to help fund the acquisition of the company by Warburg Pincus; Scottsdale, Ariz.-based provider of emergency and non-emergency ambulance services and private fire protection services; expected during first half of April.

TEXAS COMPETITIVE ELECTRICAL HOLDINGS CO. LLC: New senior secured notes as a condition of completing an amendment to extend bank debt; amendment to extend, via Citigroup Global Markets Inc., launched April 1; proceeds from new notes to fund pro rata repayments of certain outstanding loans; Texas Competitive, formerly TXU Energy, is a Dallas-based energy company.

NORWEGIAN ENERGY CO. ASA (NORECO): NOK 550 million to 600 million senior secured bonds due 2016; First Securities, Pareto Securities (joint managers), SEB Merchant Banking (co-manager) for financing of Noreco's share of the costs associated with the Oselvar development and other petroleum activities on the Norwegian continental shelf; Stavanger, Norway-based energy company.

ON THE HORIZON

ALPHA NATURAL RESOURCES INC.: Up to $1.7 billion senior notes, also $1.6 billion credit facility; Citigroup and Morgan Stanley are leading the credit facility and the bridge financing; proceeds, along with cash on hand, to fund the acquisition of Massey Energy Co., expected to close mid-2011, refinance $1.4 billion of Massey debt and refinance existing debt at Alpha, including its term loan A; Abingdon, Va.-based Alpha Natural Resources and Richmond, Va.-based Massey are coal companies.

AMC NETWORKS INC. (RAINBOW MEDIA HOLDINGS LLC): New senior notes and senior secured credit facility to finance the spin-off from Cablevision Systems Corp., expected to be completed by mid-2011; proceeds to refinance all existing debt at Rainbow Media as well as to repay $1.25 billion of Cablevision and/or CSC Holdings LLC debt, and for general corporate purposes; Bethpage, N.Y.-based telecommunications, media and entertainment company.

AMERICAN TOWER CORP.: Expected issue of high-yield notes, as part of a refinancing of bank debt maturing in 2012; Boston-based wireless and broadcast communications infrastructure company.

DNO INTERNATIONAL ASA: $200 million to $300 million senior secured bonds due 2016; Pareto Securities AS, ABG Sundal Collier ASA and Fearnley Fonds ASA; for general corporate purposes; Oslo, Norway, oil and gas exploration and production company.

DUOCOMMUN INC.: $200 million senior notes; UBS Securities LLC and Credit Suisse Securities (USA) LLC (joint); also $240 million credit facility; to fund its acquisition of LaBarge Inc., expected to close in the second quarter of 2011, and repay debt; Ducommun is a Carson, Calif.-based provider of engineering and manufacturing services to the aerospace and defense industry.

ENDO PHARMACEUTICALS: New bonds and bank debt via Morgan Stanley and Merrill Lynch; to help fund its acquisition of American Medical Systems, expected to close in third quarter of 2011; Endo is a Chadds Ford, Pa.-based specialty health care company.

EPICOR SOFTWARE CORP.: $465 million senior notes due in 2019 and $945 million credit facility; Merrill Lynch and RBC Capital Markets LLC; to help fund its purchase, and the acquisition of Activant Solutions Inc., by Apax Partners, expected to close during second quarter of 2011; Epicor is an Irvine, Calif.-based provider of enterprise business software services.

GALA CORAL GROUP, LTD.: Up to £600 million senior notes with minimum seven-year tenor; Goldman Sachs & Co. and Royal Bank of Scotland expected to be involved; to repay senior secured bank loans; Nottingham, England-based gaming and off-track betting company; expected early 2011 business.

HECKLER & KOCH GMBH: Expected €100 million notes with five-year to seven-year maturity; Close Brothers Seydler Bank; proceeds, along with liquidity from other assets, to refinance the existing €120 million 9¼% notes due July 15, 2011; Oberndorf, Germany-based small-arms maker; proceeds, along with liquidity from other assets, to refinance its existing €120 million 9¼% notes due July 15, 2011; expected to be completed by the end of the second quarter of 2011.

INTERNATIONAL WIRE GROUP, INC.: $110 million senior secured notes due 2015; to fund one-time distribution to stockholders and option holders; consent solicitation via Wells Fargo Securities, LLC expires on April 1; Camden, N.Y.-based electrical wire manufacturer.

KINDRED HEALTHCARE INC.: $550 million senior notes; part of debt financing for planned acquisition of RehabCare Group, Inc., expected to close June 30, 2011; also includes $1.3 billion credit facility; J.P. Morgan Securities LLC, Morgan Stanley, Citigroup are lead banks for financing; Kindred Healthcare is a Louisville, Ky.-based health-care services company.

KRUGER INC.: Up to C$210 million PIK toggle notes (upsized from C$200 million); GMP Securities; project finance; Montreal-based paper products manufacturer.

LODGENET INTERACTIVE CORP.: Possible debt financing that could include bonds; to repay bank debt; Sioux Falls, S.D.-based provider of interactive media and connectivity services to the hospitality industry and interactive patient education, information and entertainment systems to health-care facilities; ($435 million six-year senior secured second-lien notes, B3/B/, via Merrill Lynch, J.P. Morgan Securities LLC, put on hold Sept. 28 as company announced it is seeking alternatives).

NAL OIL & GAS: C$150 million to C$250 million notes; RBC Capital Markets, BMO Nesbitt Burns; Calgary, Alta., trust acquires interests in Canada's upstream conventional oil and gas industry.

PREMIER FOODS PLC (Ba2/BB/BB): New high-yield bonds; to settle swap agreements, diversify sources of funding and reduce reliance on bank debt; St. Albans, England-based food producer; possibly launching during Feb. 21 week.

SI ORGANIZATION INC.: $175 million senior subordinated notes; J.P. Morgan Securities LLC; to help fund $815 million to help fund Veritas Capital's acquisition of Lockheed Martin Corp.'s Enterprise Integration Group; Valley Forge, Pa.-based provider of engineering, integration services, modeling, simulation, analysis and risk mitigation services to the U.S. intelligence community; possible early 2011 business.

VIKING RIVER CRUISES: Expected $200 million high-yield notes; Credit Suisse; Los Angeles-based river cruise line.

ROADSHOWS

Started April 6: CMA CGM $800 million equivalent; Deutsche Bank Securities Inc., BNP Paribas, SG CIB, Citigroup, Natixis Bleichroeder.

April 7-14: BOPARAN FINANCE PLC £695 million; Goldman Sachs International.

April 11-13: FROSTBITE 1 AB (DOMETIC CORP.) €200 million; Goldman Sachs International.

April 11 week: AMERICAN ROCK SALT CO. LLC $200 million; Morgan Stanley & Co. Inc.

April 11 week: INTELSAT (LUXEMBOURG) SA. Approximately $854 million secondary offering; Morgan Stanley & Co.

April 11 week: LEE ENTERPRISES, INC. $1.05 billion; Credit Suisse Securities, Deutsche Bank Securities Inc.

Pricing April 11 week: CALUMET SPECIALTY PRODUCTS PARTNERS, LP and CALUMET FINANCE CORP. $375 million; Merrill Lynch, Goldman Sachs & Co.

Pricing April 11 week: CHESAPEAKE MIDSTREAM PARTNERS, LP and CHKM FINANCE CORP. $350 million; Credit Suisse Securities, Wells Fargo Securities LLC, Goldman Sachs & Co., RBS Securities Inc.

Started April 11: COMMERCIAL VEHICLE GROUP, INC. $225 million; Credit Suisse Securities (USA) LLC.

Started April 12: CALCIPAR SA (CARMEUSE SA) $375 million; J.P. Morgan Securities LLC, BNP Paribas SA, Credit Agricole CIB, ING Group NV.

Started April 12: ALBA GROUP PLC & CO. KG €200 million; Deutsche Bank, Commerzbank, IKB, UniCredit, WestLB.

April 12-15: ELSTER FINANCE BV €250 million; Merrill Lynch, J.P. Morgan Securities LLC, Deutsche Bank, Goldman Sachs International.

Through April 14: SOUTHERN WATER (GREENSANDS) FINANCING PLC £250 million; Deutsche Bank, HSBC, UBS.

Started April 12: GEO TRAVEL FINANCE SCA €175 million; Goldman Sachs International, Credit Suisse.

Started April 12: DEMATIC SA $300 million; J.P. Morgan Securities LLC, Deutsche Bank Securities Inc.

Pricing April 18 week: CONSOLIDATED MINERALS LTD. $400 million; Deutsche Bank Securities Inc., Citigroup.

Started April 13: MEDICAL PROPERTIES TRUST, INC. $450 million; J.P. Morgan Securities LLC, Merrill Lynch, Deutsche Bank Securities Inc., RBC Capital Markets.

Started April 13: IDEAL STANDARD INTERNATIONAL SA €250 million; Goldman Sachs International, Deutsche Bank.

April 13-15: GOODYEAR DUNLOP TIRES EUROPE BV €250 million; JPMorgan, BNP Paribas, Credit Agricole CIB.

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