High Yield Calendar: $1.75 billion, €415 million and £165 million being marketed

March 31 Week

ENQUEST PLC: $500 million senior notes due 2022 (B3/B); J.P. Morgan Securities LLC, Barclays, BNP Paribas, BofA Merrill Lynch, Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. (joint); non-callable for three years; for general corporate purposes; London-based petroleum exploration and production company; price talk 6¾% to 7% (was whispered in the mid-6% range); pricing Friday.

April 7 Week

SIGNODE INDUSTRIAL GROUP (B2/B): $750 million senior notes due 2022; Goldman Sachs & Co., J.P. Morgan Securities LLC, Barclays, BofA Merrill Lynch, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC (joint); Rule 144A and Regulation S for life; non-callable for three years; proceeds, along with a $1.35 billion term loan, a $400 million euro-denominated term loan and $885 million of sponsor equity, to fund the acquisition of Signode from Illinois Tool Works, Inc. by the Carlyle Group; Glenview, Ill.-based manufacturer of strap, stretch and protective packaging for consumables, tools and equipment; roadshow started April 2.

BMBG BOND FINANCE SCA, a subsidiary of BRAAS MONIER BUILDING GROUP SA €415 million senior secured notes due 2020 in two tranches: €200 million minimum fixed-rate notes, callable after three years at par plus 50% of the coupon, and to-be-determined amount of floating-rate notes, callable after one year at 101; Goldman Sachs (bill and deliver, joint global coordinator), Deutsche Bank (joint global coordinator), BNP Paribas, JP Morgan (joint books); Rule 144A and Regulation S; proceeds, along with new €150 term loan and €100 million revolver, to refinance debt; Oberursel, Germany-based building materials company; European roadshow April 4-9.

GHD BONDCO PLC: £165 million six-year senior secured notes; JP Morgan (bill and deliver, joint books), Barclays (joint books); Rule 144A and Regulation S for life; non-callable for two years; to repay bank debt and a portion of shareholder loans; Keighley, England-based manufacturer of hair styling appliances; European roadshow April 4-9.

MCDERMOTT INTERNATIONAL INC.: $500 million senior secured second-lien notes due 2021 (B1); Goldman Sachs & Co.; Rule 144A and Regulation S; to refinance revolver and for general corporate purposes; Houston-based engineering and construction company; whispered at high 8% to 9% area; roadshow expected April 7 week.

On The Horizon

ACTUANT ELECTRICAL: $60 million senior subordinated notes; also $150 million credit facility led by RBC Capital Markets and NXT Capital; to help fund the buyout of the company by Sentinel Capital Partners from Actuant Corp.; Actuant Electrical is a Menomonee Falls, Wis.-based provider of products for the retail do-it-yourself, marine, industrial OEM and wholesale electrical markets.

AERCAP HOLDINGS NV: Long-term bonds, approximately 40% secured and 60% unsecured; also $1 billion revolver; UBS Investment Bank, Citigroup Global Markets; to fund its purchase of International Lease Finance Corp. from American International Group Inc., expected to close during the second quarter of 2014; AerCap is a Netherlands-based aircraft leasing company. ILFC is a Los Angeles-based commercial aircraft lessor.

ALBEA: $150 million five-year senior secured PIK toggle notes (expected ratings Caa2/CCC+); JPMorgan, BofA Merrill Lynch (joint); non-callable for one year; to fund a dividend; Gennevilliers, France-based personal care products company.

BUENA VISTA GAMING AUTHORITY: $220 million eight-year senior secured notes; Credit Suisse Securities (USA) LLC, BofA Merrill Lynch (joint); Rule 144A and Regulation S for life; callable in four years at par plus 50% of the coupon; annual mandatory redemption offer of 50% of available funds starting at 103; 101% poison put; to fund construction of the Buenavue Casino; Ione, Calif.-based tribal gaming firm.

DFC GLOBAL CORP.: $750 million senior secured notes backed by a bridge loan via Jefferies Finance LLC and Credit Suisse Securities (USA) LLC; also $125 million credit facility; to help the acquisition of DFC Global by Lone Star Funds, expected to close during the third quarter of 2014; Berwyn, Pa.-based financial services company.

FRONTIER COMMUNICATIONS CORP.: $1.9 billion senior notes backed by bridge; J.P. Morgan Securities LLC; to fund the acquisition of AT&T Inc.'s wireline business and statewide fiber network in Connecticut; Stamford, Conn.-based wireline telecommunications provider; expected during the second or third quarter of 2014.

FTS INTERNATIONAL, INC.: $400 million secured notes to repay term loan; company is soliciting consents from holders of its 7 1/8% notes due 2018 to amendments to the indenture governing the notes; BofA Merrill Lynch and Citigroup Global Markets Inc. are the solicitation agents; provider of well completion services for the oil and gas industry with corporate offices in Fort Worth and Cisco, Texas.

JARDEN CORP.: $795 million bonds and bank loans, sizes to be determined; to help fund its acquisition of Yankee Candle Investments LLC from Madison Dearborn Partners LLC for $1.75 billion in cash; Jarden is a Rye, N.Y.-based provider of consumer products; Yankee Candle is a South Deerfield, Mass.-based designer, manufacturer, wholesaler and retailer of scented candles.

MEN'S WEARHOUSE: $600 million senior notes and a $1.6 billion credit facility; BofA Merrill Lynch and J.P. Morgan Securities LLC; to help fund its purchase of Jos. A. Bank Clothiers expected to close in the third quarter of 2014; Men's Wearhouse is a Houston-based specialty retailer of men's apparel. Jos. A. Bank is a Hampstead, Md.-based designer, manufacturer and retailer of men's apparel, footwear and accessories.

NINE WEST HOLDINGS INC.: $455 million senior unsecured bridge loan or senior notes; also $720 million credit facility scheduled to launch Feb. 14, including a $470 million term loan led by Morgan Stanley Senior Funding Inc., Jefferies Finance LLC and MCS Capital Markets LLC and $250 million asset-based revolver led by Wells Fargo Securities LLC and Bank of America Merrill Lynch; to help fund the buyout of parent company Jones Group Inc. by Sycamore Partners; marketer and wholesaler of apparel, footwear and accessories.

ORTHO-CLINICAL DIAGNOSTICS: $1.15 billion high-yield notes backed by a bridge loan led by Goldman Sachs & Co., Barclays, Credit Suisse, UBS and Nomura; also $2.175 billion term loan B and $1.025 billion equity; to help fund the buyout of Ortho-Clinical Diagnostics by the Carlyle Group from Johnson & Johnson; Raritan, N.J.-based provider medical diagnostic testing services; expected second-quarter 2014 business.

SILVERLEAF RESORTS, INC.: $175 million senior secured notes due 2019; Deutsche Bank Securities Inc.; non-callable for three years; to pre-fund development of vacation ownership inventory, to refinance a portion of the company's existing debt, to pay a dividend to the sponsor; Dallas-based resort operator.

VISANT CORP.: Up to $100 million senior notes and $260 million credit facility; Credit Suisse Securities (USA) LLC; to help fund its acquisition of American Achievement Group Holding Corp., expected to close no later than the second quarter of 2014; Visant is an Armonk, N.Y.-based marketing and publishing company. Jostens is a Minneapolis-based yearbook and scholastic affinity company.

WEYERHAEUSER REAL ESTATE CO. (WRECO): $800 million new senior unsecured notes; to help fund the merger with TRI Pointe Homes in a transaction valued at about $2.7 billion, anticipated to close in the second quarter of 2014 (a portion of the proceeds to be paid to Weyerhaeuser at closing); homebuilding subsidiary of Federal Way, Wash.-based Weyerhaeuser Co.

Roadshows

Pricing early March 31 week: ENQUEST $500 million; JPMorgan, Barclays, BNP Paribas, BofA Merrill Lynch, Credit Suisse, Goldman Sachs.

Started April 2: SIGNODE INDUSTRIAL GROUP $750 million; Goldman Sachs, JPMorgan, Barclays, BofA Merrill Lynch, Citigroup, Credit Suisse.

April 4-9: BRAAS MONIER BUILDING GROUP €415 million; Goldman Sachs, Deutsche Bank, BNP, JPMorgan.

April 4-9: GHD £165 million; JPMorgan, Barclays.

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