Canadian Bonds Calendar: Hospital Infrastructure to price

JULY 26

HOSPITAL INFRASTRUCTURE PARTNERS PARTNERSHIP: C$544 million of series A 331/2-year senior bonds (DBRS: A); talked at 210 bps over government benchmark; Scotia Capital Inc. (lead) National Bank Financial Inc. (joint lead); special-purpose entity contracted by Halton Healthcare Services to design, build, finance and maintain a new hospital in Oakville, Ont., under a 34-year public-private partnership agreement; pricing July 26.

WEEK OF JULY 25

KRUGER PRODUCTS LP: C$150 million senior notes due 2018 (expected ratings /B/DBRS: BB); Scotia Capital Inc. (lead); National Bank Financial Inc., RBC Capital Markets Corp., TD Securities Inc., Bank of America Merrill Lynch, CIBC World Markets Inc., Desjardins Securities Inc., HSBC Capital (Canada) Inc. and Laurentian Bank Securities, Inc. (co-managers); non-callable for four years; three-year 35% equity clawback; 101% poison put; Canada call at 50 bps over Canadian benchmark; guarantors Kruger Products (USA) Inc. and Grupo Tissue de Mexico; proceeds to refinance the company's syndicated credit facility and for general corporate purposes; Canada's leading tissue products producer and a subsidiary of Montreal-based pulp and paper producer Kruger Inc.; roadshow started July 20; pricing week of July 25.

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