Bank Loan Calendar: $83.2165 billion deals being marketed

FEBRUARY BANK MEETINGS

ASHMORE ENERGY INTERNATIONAL LTD.: Bank meeting in New York Feb. 23, bank meeting in London Feb. 26; $1.5 billion credit facility; Credit Suisse and JPMorgan, with Credit Suisse left lead; $500 million revolver talked at Libor plus 275 bps; $1 billion term loan B talked at Libor plus 275 bps; refinance existing debt; Houston-based natural gas, power distribution and power generation company.

BUILDING MATERIALS CORP. OF AMERICA: Bank meeting Feb. 21; $1.575 billion senior secured credit facility; Deutsche Bank, Bear Stearns and JPMorgan; $975 million seven-year term B; $600 million five-year ABL revolver; fund buyout of ElkCorp; Wayne, N.J., building products company.

CARDINAL LOGISTICS MANAGEMENT CORP.: Bank meeting Feb. 23; new credit facility that includes a $125 million term loan; Bank of America; recapitalization; Concord, N.C., third-party logistics and transportation services firm.

FREEPORT-MCMORAN COPPER & GOLD INC.: $11.5 billion senior secured credit facility; JPMorgan and Merrill Lynch; $1.5 billion five-year revolver expected at Libor plus 175 bps, 50 bps unused fee; $2.5 billion five-year term A expected at Libor plus 175 bps; $7.5 billion seven-year term B expected at Libor plus 200 bps; help fund acquisition of Phelps Dodge Corp.; Phoenix, copper, gold and molybdenum mining, exploration and production company.

GNC PARENT CORP.: Bank meeting Feb. 22; $735 million credit facility; JPMorgan and Goldman Sachs, with JPMorgan left lead; $50 million revolver; $685 million term B; help fund LBO by Ares Management LLC and Ontario Teachers' Pension Plan from Apollo Management, LP; Pittsburgh-based retailer of nutritional products, vitamin, mineral, herbal and other specialty supplements and sports nutrition, diet and energy products.

HAWKER BEECHCRAFT CORP.: $1.8 billion credit facility; Credit Suisse, Goldman Sachs and Lehman, with Credit Suisse left lead; fund acquisition of Raytheon Aircraft Services, Ltd. by Onex Corp. and GS Capital Partners from Raytheon Corp.; Wichita, Kan., manufacturer of business jet, turboprop, piston aircraft and military training aircraft.

HEALTHSOUTH CORP.: Conference call Feb. 22; term B repricing talked at Libor plus 250 bps to 275 bps, 101 soft call, from Libor plus 325 bps; JPMorgan; Birmingham, Ala., provider of ambulatory surgery and rehabilitative health care services.

KINDER MORGAN INC.: $8.6 billion credit facility (Ba2); Citigroup, Goldman Sachs, Deutsche Bank, Wachovia and Merrill, with Citi left lead; $2 billion 61/2-year term A; $2.1 billion seven-year term B; $1.5 billion seven-year term C; $2 billion three-year term D; $1 billion six-year revolver; help fund public-to-private buyout by management and equity investors; Houston-based energy infrastructure provider.

MACDERMID INC.: Bank meeting Feb. 21; $560 million senior secured credit facility (B1); Credit Suisse, Goldman Sachs, Bear Stearns, CIBC and RBS; $510 million seven-year covenant-light term B; $50 million six-year revolver with trigger covenants; help fund buyout by Daniel H. Leever, the company's chairman and chief executive officer, and Court Square Capital Partners and Weston Presidio; Denver-based specialty chemical manufacturer.

NSG HOLDINGS LLC: Bank meeting Feb. 22; $318.5 million senior secured credit facility; Lehman Brothers and BNP Paribas, with Lehman left lead; $286 million term loan; $32.5 million synthetic letter-of-credit facility; refinance existing debt and fund a sponsor equity distribution; Houston-based power generation company.

TENNECO INC.: Bank meeting Feb. 22; $830 million senior credit facility; JPMorgan and Deutsche Bank, with JPMorgan left lead; $375 million five-year revolver; $100 million five-year term A; $177.5 million seven-year term B; $177.5 million seven-year synthetic letter-of-credit facility; refinance existing senior credit facility; expected close by mid-to late-March; Lake Forest, Ill., designer, manufacturer and marketer of emission control and ride control products and systems.

MARCH BANK MEETINGS

BONTEN MEDIA GROUP LLC: New credit facility; Lehman; fund acquisition of BlueStone Television LLC, an owner and operator of television stations; Bonten is an affiliate of Diamond Castle Holdings LLC.

CALPINE CORP.: Expected March business; $5 billion two-year debtor-in-possession facility; Credit Suisse, Goldman Sachs, JPMorgan and Deutsche; $4 billion term loan expected at Libor plus 200 bps if Ba3/BB-, Libor plus 225 bps if B1/B+, Libor plus 275 bps if B2/B or Libor plus 325 bps if B3/B-; $1 billion revolver with 50 bps unused fee expected at Libor plus 200 bps if Ba3/BB-, Libor plus 225 bps if B1/B+, Libor plus 275 bps if B2/B or Libor plus 325 bps if B3/B-; refinance existing DIP and repay $2.516 billion of operating subsidiary Calpine Generating Co., LLC's secured pre-bankruptcy debt; San Jose, Calif., power company.

COURTSIDE ACQUISITION (AMERICAN COMMUNITY NEWSPAPERS INC.): $115 million senior secured credit facility; BMO Capital Markets; fund acquisition of American Community Newspapers LLC from Spire Capital Partners, LP, Wachovia Capital Partners and senior management, and for general corporate purposes; newspaper publisher.

EXCO RESOURCES INC.: Bank meeting expected on or around March 1; $1.5 billion senior secured revolver at Libor plus 100 bps to 175 bps based on drawn amounts; JPMorgan; refinance existing amended and restated revolver and help fund acquisition of producing oil and gas properties from Anadarko Petroleum Corp.; Dallas-based independent energy company.

MITCHELL INTERNATIONAL INC.: Bank meeting expected early March; new credit facility; Goldman Sachs; help fund LBO by an investment group led by Aurora Capital Group from Hellman & Friedman LLC; expected close in March; San Diego-based provider of information, workflow and performance management solutions to the automotive insurance claims and collision repair industries.

UPCOMING CLOSINGS

ADVANCED FOOD: New credit facility; Wachovia; fund a dividend recapitalization.

AK STEEL: Expected close by end of February; $850 million five-year revolver; Bank of America; general corporate purposes; Middletown, Ohio, producer of flat-rolled carbon, stainless and electrical steel products, as well as carbon and stainless tubular steel products.

AMERICAN CELLULAR CORP.: $850 million senior secured credit facility; Lehman and Morgan Stanley, with Lehman left lead; $75 million revolver; $700 million term B; $75 million delayed-draw term loan; refinance existing debt; subsidiary of Dobson Communications Corp., an Oklahoma City-based provider of wireless phone services to rural markets.

APPLIED SYSTEMS INC.: Repricing term B at Libor plus 225 bps from Libor plus 275 bps; Credit Suisse and JPMorgan; University Park, Ill., provider of insurance agency and broker management system software.

ARIZONA CHEMICAL: $426 million credit facility; Goldman Sachs; $50 million revolver (B1/B) talked at Libor plus 250 bps; $240 million first-lien term B ($140 million in dollars, $100 million in euro equivalent) (B1/B) talked at Libor/Euribor plus 250 bps; $136 million second-lien term loan (Caa1/CCC+) talked at Libor plus 600 bps, call protection 102, 101; help fund buyout by Rhone Capital III LP from International Paper; Jacksonville, Fla., supplier of pine chemicals to the adhesives, inks and coatings and oleochemicals markets.

ATLANTIC BROADBAND FINANCE LLC: $110 million term B add-on (B1/B) and repricing term B debt to Libor plus 250 bps from Libor plus 275 bps; Merrill Lynch and Credit Suisse; redeem some preferred securities of Atlantic Broadband Group, LLC, repay term A and reduce revolver borrowings; Quincy, Mass., provider of digital video, high-speed internet and phone service.

AUDIO VISUAL SERVICES GROUP INC.: $315 million credit facility; Lehman and Wachovia, with Lehman left lead; $30 million revolver (Ba3/B) talked at Libor plus 225 bps; $225 million first-lien term B (Ba3/B) talked at Libor plus 225 bps; $60 million second-lien term loan (B3/CCC+) talked at Libor plus 550 bps, call protection 102, 101; help fund LBO by Kelso & Co.; Long Beach, Calif., provider of audiovisual and event technology support.

AUTOCAM CORP.: $150 million credit facility (B2/B); Credit Suisse; $30 million revolver at Libor plus 375 bps; $120 million term loan at Libor plus 375 bps; recapitalization; Kentwood, Mich., designer and manufacturer of specialty metal alloy components for the transportation and medical device industries.

B&G FOODS INC.: Expected close Feb. 26; $225 million six-year term C (Ba2/B+) talked at Libor plus 225 bps; Lehman and Credit Suisse; fund acquisition of the Cream of Wheat and Cream of Rice hot cereal brands from Kraft Foods Global, Inc. and refinance term loan debt; Parsippany, N.J., seller and distributor of high-quality, shelf-stable foods.

BURT'S BEES INC.: Repricing term loan to Libor plus 250 bps from Libor plus 275 bps; CIBC; Durham, N.C., producer of lip balm, bath oils, soaps and other personal care products made from beeswax, nut oils and other natural ingredients.

CENVEO INC.: $725 million ($125 million delayed draw, $600 million funded) term loan (Ba3/B+) talked at Libor plus 200 bps; Wachovia; help fund acquisition of Cadmus Communications Corp.; Stamford, Conn., provider of print and visual communications.

CHARTER COMMUNICATIONS INC.: $8.05 billion senior secured credit facility; JPMorgan, Bank of America and Citigroup; $1.5 billion revolver (B1) talked at Libor plus 200 bps; $6 billion first-lien term loan (B1) (of which $1 billion is new debt, $5 billion is refinancing) talked at Libor plus 225 bps, 101 soft call; $550 million second-lien term loan (B3) talked at Libor plus 250 bps, 101 soft call; refinance existing credit facility, redeem floating-rate notes and senior notes, and for general corporate purposes; St. Louis-based broadband communications company.

CONSOLIDATED COMMUNICATIONS HOLDINGS INC.: Repricing term loan at Libor plus 175 bps from Libor plus 200 bps, 101 soft call; Citigroup; Mattoon, Ill., rural local exchange company.

CONSTELLATION BRANDS INC.: $400 million revolver add-on talked at Libor plus 125 bps; JPMorgan; Fairport, N.Y.-based supplier and marketer of beverage alcohol.

CROWN CASTLE OPERATING CO.: $600 million seven-year term B talked at Libor plus 175 bps; Morgan Stanley, RBS Securities and JPMorgan; fund already completed purchase of common shares; Houston-based provider of broadcast, data and wireless communications infrastructure services.

DATATEL INC.: Repricing first-lien term loan to Libor plus 225 bps from Libor plus 250 bps; Credit Suisse; Fairfax, Va., provider of information management software for higher education institutions.

DAVITA INC.: Repricing term B (Ba1/BB) to Libor plus 150 bps from Libor plus 200 bps, 101 soft call; JPMorgan; El Segundo, Calif., operator of dialysis centers.

DECRANE AIRCRAFT HOLDINGS INC.: $370 million credit facility; Credit Suisse; $25 million revolver (B1/B) at Libor plus 275 bps; $195 million term B (B1/B) at Libor plus 275 bps; $150 million second-lien term loan (Caa1/CCC+) at Libor plus 700 bps, 101 call protection; refinancing; Columbus, Ohio, aircraft parts and equipment manufacturer.

DOMTAR CORP.: $1.55 billion credit facility (Ba1); JPMorgan and Morgan Stanley; $800 million term B talked at Libor plus 175 bps; $750 million revolver talked at Libor plus 175 bps; help fund creation of new company through merger of Weyerhaeuser Co.'s Fine Paper business with Domtar Inc.; Montreal-based paper company.

ELECTRICAL COMPONENTS INTERNATIONAL HOLDINGS CO.: $90 million first-lien term loan add-on (Ba3/B) talked at Libor plus 250 bps; UBS; refinance existing facility and fund acquisition of GenTek Inc.'s Noma Wire and Cable Assembly Business; St. Louis-based manufacturer and marketer of wire harnesses and a provider of value-added assembly services.

ENERGYSOLUTIONS LLC: $75 million synthetic letter-of-credit facility add-on at Libor plus 225 bps; Citigroup; refinance existing insurance debt; Salt Lake City-based national energy services company.

EXPRESS ENERGY SERVICES: $285 million credit facility; Credit Suisse; $50 million five-year revolver talked at Libor plus 350 bps; $235 million six-year term loan talked at Libor plus 350 bps; fund the purchase of two oilfield services companies; Houston-based provider of services and equipment to the oil and gas drilling and exploration and production industries.

FENWAL INC.: $475 million credit facility; Morgan Stanley and Citigroup; $300 million term B (B+) at Libor plus 225 bps; $50 million delayed-draw term loan (B+) at Libor plus 225 bps; $50 million revolver (B+); $75 million second-lien term loan (B-) at Libor plus 525 bps, call protection 102, 101; help fund acquisition of Baxter International Inc.'s Transfusion Therapies business by Texas Pacific Group and Maverick Capital Ltd.; Blood collection and processing company.

GATEHOUSE MEDIA INC.: $960 million credit facility (B1/B+); Wachovia and Goldman Sachs; $40 million revolver talked at Libor plus 200 bps; $670 million term B talked at Libor plus 225 bps; $250 million delayed-draw term loan talked at Libor plus 225 bps; refinance existing debt, finance the acquisition of SureWest Directories and finance future acquisitions; expected close in February; Fairport, N.Y., publisher of locally based print and online media.

GLOBAL GEOPHYSICAL SERVICES INC.: $130 million credit facility; Credit Suisse; $25.5 million six-year revolver (B1/B) at Libor plus 350 bps; $4.5 million six-year synthetic revolver (B1/B) at Libor plus 350 bps; $70 million seven-year first-lien term B (B1/B) at Libor plus 350 bps; $30 million 71/2-year second-lien term loan (Caa2/CCC) at Libor plus 625 bps; in connection with investment from Kelso & Co. to fund capex plans, refinance debt, tender preferred stock and redeem common stock; Houston-based provider of seismic data acquisition services.

GRAY TELEVISION INC.: $1 billion senior credit facility (Ba3/B); Wachovia, Bank of America and Goldman Sachs, with Wachovia left lead; $100 million revolver; $900 million term B talked at Libor plus 175 bps; refinance existing senior credit facility, refinance 9¼% senior subordinated notes, call series C preferred stock and for general corporate purposes; Atlanta-based television broadcasting company.

HANESBRANDS INC.: Repricing term B at Libor plus 175 bps from Libor plus 225 bps, 101 soft call; Citigroup; Winston-Salem, N.C., apparel company.

HCP ACQUISITION INC.: $590 million credit facility; Credit Suisse; $420 million (C$500 million) seven-year first-lien term loan (B1) at Libor plus 225 bps, 101 call protection; $170 million (C$200 million) eight-year second-lien term loan at Libor plus 425 bps, call protection 103, 102, 101; fund the acquisition of the outstanding units of the Calpine Power Income Fund and to acquire a 30% ownership interest in Calpine Power Fund LP held by Calpine Canada Power Ltd.

HEALTHWAYS INC.: Repricing term B to Libor plus 150 bps from Libor plus 175 bps, SunTrust; Nashville, Tenn., provider of health and care support programs and services.

HOUGHTON MIFFLIN RIVERDEEP GROUP PLC: $250 million term loan B add-on (B1/B-) at Libor plus 275 bps; Credit Suisse and Citigroup; repay some company's bridge financing; Dublin, Ireland, provider of educational products.

HUGHES NETWORK SYSTEMS LLC: $115 million senior unsecured term loan (B1/B-) due April 15, 2014 at Libor plus 250 bps, non-callable for one year, then at 102, 101; Bear Stearns; help fund the purchase and/or construction of a satellite and/or for general corporate purposes; expected close Feb. 23; Germantown, Md., provider of broadband satellite network solutions and services.

IFM (INDUSTRY FUNDS MANAGEMENT): $225 million five-year term B (Ba3/BBB-) at Libor plus 200 bps; Merrill Lynch; help fund the acquisition of the 15.8% minority interest in Colonial Pipeline held by Citgo Petroleum Corp.

INFOR: Expected close late February; $1.475 billion in new term loans; JPMorgan, Credit Suisse and Merrill Lynch; $200 million euro-denominated first-lien term B add-on (B1) talked at Euribor plus 325 bps; $1.275 billion second-lien term loan (Caa2/CCC) in euros and dollars talked at Libor/Euribor plus 650 bps, call protection 102, 101; refinance senior subordinated bridge loan; Atlanta-based deliverer of fully integrated enterprise solutions as well as stand-alone products.

JAMES RIVER COAL CO.: Expected close by Feb. 28; $135 senior secured credit facility; Morgan Stanley and GE Commercial Finance; $60 million synthetic letter-of-credit facility expected at Libor plus 400 bps, call protection 102, 101; $40 million six-year term B expected at Libor plus 400 bps, call protection 102, 101; $35 million five-year revolver expected at Libor plus 200 bps; refinance existing secured debt and replace existing letters of credit, provide for working capital and other general purposes; Richmond, Va., coal producer.

KELSON HOLDINGS LLC: $1.51 billion senior secured credit facility; Merrill Lynch; $50 million revolver talked at Libor plus 325 bps; $990 million first-lien term loan talked at Libor plus 325 bps, 101 call protection; $470 million second-lien term loan talked at Libor plus 650 bps PIK, call protection 110, 103, 102, 101; also $160 million mezzanine debt; recapitalization; holding company established for the management and ownership of certain power plants.

KENTUCKY DATA LINK: $280 million senior secured credit facility (B1); Bank of America; $40 million revolver; $240 million term loan; refinance existing debt and fund acquisition of Norlight Telecommunications, Inc. from Journal Communications, Inc.; Evansville, Ind., wholesale transport service provider.

KEPLER HOLDINGS: $200 million term loan talked at Libor plus 500 bps to 600 bps; Goldman Sachs; reinsurance.

KERASOTES SHOWPLACE THEATRES LLC: $75 million term loan add-on (B1/B-) and repricing term loan to Libor plus 225 bps from Libor plus 250 bps; Deutsche Bank; add-on to fund purchase of 13 additional theaters and 153 screens; Chicago-based movie chain.

KEY SAFETY SYSTEMS INC.: $500 million credit facility; Citigroup and Bear Stearns, with Citigroup left lead; $50 million revolver talked at Libor plus 275 bps; $350 million first-lien term B talked at Libor plus 275 bps; $100 million second-lien term C talked at Libor plus 550 bps, call protection 102, 101; fund acquisition by Crestview Partners; Sterling Heights, Mich., supplier of automotive safety components and systems.

KNOLOGY INC.: $580 million senior secured credit facility (B2/B); Credit Suisse; $25 million five-year revolver talked at Libor plus 250 bps, 50 bps unused fee, delayed-draw ticking fee of 50 bps from May 1 to June 30, half the coupon starting July 1; $555 million five-year term B talked at Libor plus 250 bps, delayed-draw ticking fee of 50 bps from May 1 to June 30, half the coupon starting July 1; help fund acquisition of PrairieWave Communications and refinance existing bank debt; West Point, Ga., provider of interactive communications and entertainment services.

LANDSOURCE COMMUNITIES DEVELOPMENT LLC: $1.55 billion credit facility; Barclays; $200 million revolver talked at Libor plus 275 bps; $1.05 billion term B talked at Libor plus 300 bps; $300 million second-lien term loan talked in the Libor plus 400 bps to 450 bps area; in connection with entrance of MW Housing Partners in the LandSource joint venture; land owner is Santa Clarita Valley, Calif.

LEVEL 3 FINANCING INC.: $1 billion term loan (B1) due 2014 talked at Libor plus 225 bps to 250 bps; Merrill Lynch and Morgan Stanley; refinance existing term loan and purchase money debt; Broomfield, Colo., communications and information services company.

LONGVIEW POWER LLC: $1.1 billion credit facility (Ba3/BB-); Goldman Sachs and WestLB, with Goldman left lead; $100 million revolver talked at Libor plus 250 bps, 50 bps unused fee; $250 million construction term loan talked at Libor plus 250 bps, 50 bps undrawn fee; $100 million synthetic letter-of-credit facility talked at Libor plus 250 bps; $350 million delayed-draw for 24 months term loan talked at Libor plus 250 bps, 75 bps unused fee for six months, stepping up by 25 bps every six months thereafter; $300 million term B talked at Libor plus 250 bps; fund construction of the Longview 769 megawatt pulverized coal-fired generating facility located in Maidsville, W.Va.

MACH GEN: $740 million credit facility (B2/B); Morgan Stanley, Bear Stearns and Deutsche Bank; $100 million revolver talked at Libor plus 225 bps; $60 million synthetic letter-of-credit facility talked at Libor plus 225 bps; $580 million term B talked at Libor plus 225 bps; refinance existing debt; portfolio of power-generation assets.

MASTERPLAN INC.: $192 million credit facility; Bear Stearns; $20 million revolver (B1/B) talked at Libor plus 250 bps; $130 million first-lien term loan (B1/B) talked at Libor plus 250 bps; $42 million second-lien term loan at Libor plus 625 bps (already placed with Ares); help fund Berkshire Partners LLC's acquisition of Masterplan and ReMedPar, Inc. from Three Cities Research and Camden Partners Holdings; Chatsworth, Calif., provider of service, maintenance and asset management for medical equipment.

MOHEGAN TRIBAL GAMING AUTHORITY: Expected close in February; $1 billion revolver priced at Libor plus 125 bps to 237.5 bps based on leverage; help fund expansion at Mohegan Sun named Project Horizon and updated construction plans for Mohegan Sun at Pocono Downs' phase 2 gaming and entertainment facility; Uncasville, Conn., gaming company.

MOVIE GALLERY INC.: $900 million five-year credit facility; Goldman Sachs; $100 million revolver (B2) talked at Libor plus 400 bps; $525 million term B (B2) talked at Libor plus 400 bps; $25 million synthetic letter-of-credit facility (B2) talked at Libor plus 400 bps; $250 million second-lien term loan (Caa1) talked at Libor plus 700 bps, non-callable for one year, then at 104, 102; refinance existing bank debt and for general corporate purposes; Dothan, Ala., video rental company.

NATIONAL BEDDING CO.: About $95 million of incremental term debt; Goldman Sachs; approximately $45 million first-lien term loan add-on (B1/BB-) at Libor plus 200 bps; approximately $50 million second-lien term loan add-on (Caa1/B) at Libor plus 500 bps; redeem preferred stock; Hoffman Estates, Ill., manufacturer of bedding products.

NATURAL PRODUCTS GROUP LLC: $590 million credit facility; CIBC and Credit Suisse, with CIBC left lead; $25 million revolver talked at Libor plus 250 bps area; $565 million term B talked at Libor plus 250 bps area; refinance existing first-and second-lien credit facility; Chatsworth, Calif., manufacturer and marketer of branded natural and organic personal care products.

ONTARIO TEACHERS' PENSION PLAN: $1.88 billion senior secured credit facility; RBS Securities, and RBC Capital Markets; finance acquisition of four North American marine container terminals from Orient Overseas International Ltd., fund capital expenditures and provide working capital to support the operation of the terminal assets.

ORIENTAL TRADING CO.: Repricing term B at Libor plus 225 bps from Libor plus 275 bps, 101 soft call, eliminating pricing grid; JPMorgan; Omaha, Neb., direct marketer of party and school supplies.

PAETEC: $850 million credit facility; Deutsche Bank and Merrill Lynch joint leads, with Deutsche left lead, CIT Group documentation agent; $50 million revolver (B2/B) at Libor plus 350 bps, 50 bps commitment fee; $800 million six-year first-lien term B (B2/B) at Libor plus 350 bps; help fund merger with US LEC Corp.; new holding company based in Fairport, N.Y., and will operate as a communications provider.

THE READER'S DIGEST ASSOCIATION INC.: $1.46 billion senior secured credit facility (B1/B); JPMorgan, Citigroup, Merrill Lynch and RBS Securities; $1.16 billion seven-year term loan talked at Libor plus 200 bps to 225 bps; $300 million six-year revolver; help LBO by an investor group led by Ripplewood Holdings LLC and merger with two Ripplewood portfolio companies; Pleasantville, N.Y., publisher and direct marketing company.

RELIANT PHARMACEUTICALS INC.: $255 million senior secured credit facility; $170 million term loan (B2/B+) talked at Libor plus 325 bps; $45 million delayed-draw term loan (B2/B+) talked at Libor plus 325 bps; $40 million ABL revolver; Goldman Sachs leading the term loans, Merrill Lynch Capital providing ABL; refinance existing debt; Liberty Corner, N.J., pharmaceutical company focused on cardiovascular products.

REXNORD HOLDINGS INC.: $450 million six-year senior unsecured term loan at Libor plus 625 bps, OID 98; Credit Suisse; pay a dividend to stockholders; Milwaukee-based manufacturer of highly engineered power transmission, aerospace and other precision motion technology products.

SCA PACKAGING NORTH AMERICA: $340 million credit facility; JPMorgan and Bank of America; $50 million revolver talked at Libor plus 250 bps; $205 million first-lien term loan talked at Libor plus 250 bps; $85 million second-lien term loan talked at Libor plus 600 bps to 625 bps; help fund acquisition by Metalmark Capital from Svenska Cellulosa; New Brighton, Pa., producer of protective packaging and material-handling products.

SEMINOLE HARD ROCK ENTERTAINMENT INC.: $700 million term loan (Ba1) talked at Libor plus 150 bps; Merrill Lynch; help fund acquisition of The Rank Group plc's Hard Rock business; Hollywood, Fla.-based operator of hotels and casinos.

SOURCECORP INC.: $125 million holdco second-lien term loan (Caa1/CCC+) with 50 bps pricing step-ups after first and second years, OID 99, non-callable for six months, par for the following six months; Bank of America; fund a special dividend; Dallas-based information management outsourcing company.

THE STAR TRIBUNE CO.: $485 million credit facility; Credit Suisse and RBS Securities; $50 million revolver talked at Libor plus 275 bps; $330 million first-lien term B talked at Libor plus 275 bps; $105 million second-lien term loan talked at Libor plus 650 bps, 101 call protection; help fund buyout by Avista Capital Partners from The McClatchy Co.; Minneapolis-based information provider.

SUNGARD DATA SYSTEMS: $400 million term B add-on and repricing existing term B at Libor plus 200 bps from 250 bps; JPMorgan; extra borrowings to redeem all or a portion of the $400 million senior floating rate notes due 2013; Wayne, Pa.-based software company.

SUPERVALU INC.: Repricing term B to Libor plus 150 bps from Libor plus 175 bps and repricing term A to Libor plus 137.5 bps from Libor plus 150 bps; RBS Securities; Eden Prairie, Minn., supermarket operator.

TITAN SPECIALTIES LTD.: $205 million credit facility; Credit Suisse; $25 million five-year revolver (B2/B-) talked at Libor plus 300 bps; $130 million six-year first-lien term loan (B2/B-) talked at Libor plus 300 bps; $50 million second-lien term loan (Caa2/CCC) talked at Libor plus 650 bps, call protection 102, 101; help fund acquisition by Carlyle/Riverstone Global Energy and Power Fund III, LP; Pampa, Texas, provider of perforating gun systems, shaped charges, well-logging instrumentation and other ancillary drilling and completion products.

TOWN SPORTS INTERNATIONAL LLC: $260 million senior credit facility (Ba2/B+); Deutsche; $75 million revolver at Libor plus 225 bps; $185 million term B at Libor plus 200 bps, step down to Libor plus 175 bps when senior secured leverage is 1.5x; fund tender offer for 9 5/8% senior notes; New York-based owner and operator of fitness clubs.

UNIVISION COMMUNICATIONS INC.: $8.2 billion credit facility (Ba3/B/B+); Deutsche Bank, Bank of America, Credit Suisse, Wachovia, RBS Securities and Lehman, with Deutsche left lead; $750 million revolver talked at Libor plus 225 bps to 250 bps; $7 billion term B talked at Libor plus 225 bps to 250 bps; $450 million delayed-draw term loan talked at Libor plus 225 bps to 250 bps; also $500 million second-lien asset-sale bridge loan (B3/NA/B-)) talked at Libor plus 275 bps to 300 bps; help fund LBO by Madison Dearborn Partners, Providence Equity Partners, Texas Pacific Group, Thomas H. Lee Partners and Saban Capital Group, delayed draw available for repayment of senior notes; expected close spring 2007; Los Angeles-based Spanish-language media company.

UPC BROADBAND HOLDING BV: Repricing European term loans to Euribor plus 200 bps from Euribor plus 225 bps; TD Securities, JPMorgan and BNP Paribas; Netherlands-based broadband company owned by Liberty Global Inc.

VALASSIS COMMUNICATIONS INC.: $820 million credit facility (Ba2/BB-); Bear Stearns and Bank of America, with Bear left lead; $120 million revolver talked at Libor plus 225 bps; $540 million term B talked at Libor plus 225 bps; $160 million delayed-draw term B talked at Libor plus 225 bps, 100 bps ticking fee for 15-month delayed-draw period; help fund acquisition of ADVO Inc.; Livonia, Mich., marketing services company.

VALLEY NATIONAL GASES INC.: $290 million senior secured credit facility; Credit Suisse, UBS and Morgan Stanley, Credit Suisse left lead; $165 million seven-year first-lien term loan (Ba3/B+) with no maintenance covenants at Libor plus 225 bps; $50 million six-year revolver (Ba3/B+) at Libor plus 225 bps, 50 bps unused fee; $75 million 71/2-year second-lien term loan (B3/CCC+) at Libor plus 600 bps; help fund buyout by Caxton-Iseman Capital; Washington, Pa., packager and distributor of industrial, medical and specialty gases, welding equipment and supplies, propane and fire protection equipment.

VENETIAN MACAU LTD.: $400 million credit facility upsizing and repricing of revolver, local term loan, funded term loan and delayed-draw term loan to Libor plus 225 bps from Libor plus 275 bps; institutional debt has 101 soft call; Goldman Sachs, Lehman and Citigroup, with Scotia administrative agent; upsizing will be used to make investments in Macau; subsidiary of Las Vegas Sands Corp., a Las Vegas-based hotel, gaming, resort and exhibition/convention company.

WESTERN REFINING INC.: $1.9 billion senior secured credit facility; Bank of America; $500 million revolver; $1.125 billion term B (B1/BB-); $275 million delayed-draw term loan (B1/BB-); help fund acquisition Giant Industries Inc.; El Paso, Texas, independent refiner and marketer.

WINDSTREAM CORP.: Repricing term B (Baa3) at Libor plus 150 bps from Libor plus 175 bps, 101 call protection; JPMorgan; Little Rock, Ark., provider of voice, broadband and entertainment services.

ON THE HORIZON

ADESA INC.: $1.79 billion senior secured credit facility; Bear Stearns, UBS, Goldman Sachs and Deutsche Bank; revolver; term loan; help fund LBO by Kelso & Co., GS Capital Partners, ValueAct Capital and Parthenon Capital, and merger with Insurance Auto Auctions, Inc.; Carmel, Ind., provider of wholesale vehicle auctions and used vehicle dealer floorplan financing.

ADVANCED MEDICAL OPTICS INC.: $500 million to $600 million credit facility; UBS, Bank of America and Goldman Sachs, with UBS left lead; $300 million six-year amended and restated revolver talked at Libor plus 225 bps; $200 million to $300 million seven-year term loan talked at Libor plus 225 bps; help fund purchase of InterLase Corp.; Santa Ana, Calif., developer, manufacturer and marketer of medical devices for the eyes.

AMERICAN REAL ESTATE PARTNERS LP: $3.6 billion senior secured credit facility; Bank of America; $1 billion five-year revolver at Libor plus 150 bps, 50 bps commitment fee; $2.6 billion seven-year term B at Libor plus 225 bps; help fund buyout of Lear Corp.; New York-based diversified holding company engaged in a variety of businesses and an affiliate of Carl C. Icahn.

AMERIGROUP CORP.: Up to $600 million five-year senior secured credit facility; Goldman Sachs and Wachovia; up to $550 million synthetic letter-of-credit facility; up to $50 million revolver; enable the company to post an irrevocable letter of credit in order to stay the enforcement of the judgment in Tyson versus Amerigroup Illinois Inc., to refinance existing credit facility and for ongoing working capital and general corporate purposes; Virginia Beach, Va., managed health care company.

ASHFORD HOSPITALITY TRUST INC.: $150 million revolver; Wachovia; also potential for new term loan; help fund acquisition of hotel portfolio from CNL Hotels and Resorts and replace existing corporate credit facility; Dallas-based real estate investment trust focused on the hospitality industry.

BELDEN CDT INC.: $325 million senior secured credit facility; Wachovia; $125 million six-year term loan at Libor plus 200 bps if corporate family ratings are B1/B+, otherwise Libor plus 225; $200 million five-year revolver at Libor plus 200 bps if corporate family ratings are B1/B+, otherwise Libor plus 225; refinance existing facility and for ongoing working capital requirements and other corporate purposes; St. Louis-based designer, manufacturer and marketer of high-speed electronic cables, connectivity products and related items.

BIOMET INC.: $4.35 billion senior secured credit facility; Bank of America, Goldman Sachs, Bear Stearns, Lehman Brothers, Merrill Lynch and Wachovia; $3.6 billion 71/2-year term loan; $750 million six-year revolver (asset-based, cash-based or combination thereof); help fund LBO by the Blackstone Group, Goldman Sachs Capital Partners, Kohlberg Kravis Roberts & Co. and TPG; Warsaw, Ind., designer and manufacturer of musculoskeletal medical products.

BIORELIANCE CORP.: New debt financing; UBS; help fund its buyout by Avista Capital Partners from Invitrogen Corp.; Rockville, Md., contract service organization providing biological safety testing, toxicology, viral manufacturing and laboratory animal diagnostic services.

BROADCAST MEDIA GROUP: New credit facility; UBS sole lead; revolver; first-lien term loan; second-lien term loan; back buyout by Oak Hill Capital Partners from The New York Times Co.; broadcasting company.

BUCYRUS INTERNATIONAL INC.: First-quarter 2007 business; new cross-border credit facility; Lehman; term loan; revolver; help fund acquisition of DBT GmbH from RAG Coal International; South Milwaukee, Wis., designer and manufacturer of walking draglines, electric rope mining shovels and rotary blasthole drills used by the surface mining industry.

CARITOR INC. (KEANE INC.): New credit facility; Citigroup, UBS and Bank of America; help fund Caritor's acquisition of Keane; new combined Boston-based IT services company to operate under Keane name.

CLARKE AMERICAN CORP.: New debt financing; Credit Suisse; fund M&F Worldwide Corp.'s acquisition of John H. Harland Co.; New York-based producer of licorice products for the tobacco, food, pharmaceutical and confectionery industries.

CLEAR CHANNEL COMMUNICATIONS INC.: $17.375 billion credit facility; Citigroup, Deutsche Bank, Morgan Stanley, Credit Suisse, RBS and Wachovia; $1 billion receivables-backed revolver; $16.375 billion in senior secured bank debt; help fund LBO by Thomas H. Lee Partners, LP and Bain Capital Partners, LLC; San Antonio media and entertainment company specializing in "gone from home" entertainment and information services.

CONSUMER SOURCE INC.: $450 million first-lien credit facility; $375 million seven-year senior secured term loan expected at Libor plus 250 bps; $75 million six-year revolver with 50 bps unused fee; also $150 million eight-year second-priority secured loan and/or notes with loan expected at Libor plus approximately 625 bps; fund dividend to Primedia Inc. in connection with spinoff; New York-based publisher and distributor of free real estate and automobile guides.

DELTA AIR LINES: $2.5 billion exit facility; JPMorgan, Goldman Sachs, Merrill Lynch, Lehman Brothers, UBS and Barclays Capital; $1 billion revolver; $500 million first-lien term A; $1 billion second-lien term B; repay DIP facility, fund other bankruptcy payments and increase cash balance; Atlanta-based airline.

DIRECT GENERAL CORP.: $95 million credit facility; Bear Stearns; $75 million seven-year term loan; $20 million five-year revolver; help fund acquisition by Elara Holdings Inc., an affiliate of Fremont Partners and Texas Pacific Group; Nashville, Tenn., insurance holding company.

DYNEA NORTH AMERICA: $245 million credit facility; UBS; $20 million five-year revolver; $225 million seven-year term loan; help fund acquisition by Teachers' Private Capital from Dynea Chemicals Oy; Mississauga, Ont., manufacturer of adhesive resins and overlay products.

DYNEGY INC.: $185 million synthetic letter-of-credit facility at LS holdco; in connection with merger of Dynegy and LS Power Group; Houston-based electric company.

EDUCATE INC.: $290 million credit facility; JPMorgan; $170 million six-year term loan expected at Libor plus 275 bps; $15 million five-year revolver expected at Libor plus 275 bps, 50 bps commitment fee; $105 million seven-year second-lien term loan expected at Libor plus 550 bps; help back LBO by Christopher Hoehn-Saric, chairman and chief executive officer, Peter Cohen, president and chief operating officer, certain other members of management, Sterling Capital Partners and Citigroup Private Equity; Baltimore, based pre-K-12 education company.

ENCORE ACQUISITION CO.: New credit facility; Bank of America; fund purchase of oil and natural gas properties in the Big Horn Basin in Wyoming and in the Williston Basin in Montana and North Dakota from Anadarko Petroleum Corp.; Fort Worth, Texas, developer of onshore North American oil and natural gas reserves.

ETHANEX ENERGY INC.: New credit facility; WestLB and Morgan Stanley; senior secured construction, term and working capital credit facility; fund construction and operation three 132 million gallons per year ethanol production facilities; Basehor, Kan., renewable energy company.

FAIRPOINT COMMUNICATIONS INC.: New debt financing; help fund merger with Verizon Communications Inc.'s wireline operations in Maine, New Hampshire and Vermont; Charlotte, N.C., provider of communications services to rural communities.

FOREST OIL CORP.: $1.4 billion five-year revolver ($1.25 billion U.S., $150 million Canadian); JPMorgan; help fund acquisition of Houston Exploration Co.; Denver-based acquirer, explorer, developer and producer of natural gas and liquids.

FOUR SEASONS HOTELS INC.: $950 million senior secured credit facility; Citigroup and JPMorgan; $200 million revolver expected at Libor plus 125 bps, 25 bps unused fee; $750 million five-year term loan expected at Libor plus 125 bps; help fund LBO by Cascade Investment, LLC, Kingdom Hotels International, and chairman and chief executive officer Isadore Sharp; Toronto-based manager of luxury hotels and resorts.

GENESIS HEALTHCARE CORP.: $1.525 billion credit facility; $1.3 billion 24-month senior secured first-lien term loan (includes a $100 million capital expenditure line of credit); $225 million five-year secured second-priority term loan; General Electric Capital Corp. leading first-lien, CapitalSource Finance, LLC leading second-lien; help fund buyout by Formation Capital, LLC and JER Partners; Kennett Square, Pa., long-term care provider.

HARRAH'S ENTERTAINMENT INC.: $9 billion senior secured credit facility; Bank of America, Deutsche Bank, Citigroup, Credit Suisse, JPMorgan and Merrill Lynch; $7 billion seven-year term loan; $2 billion multi-currency six-year revolver; help fund LBO by Texas Pacific Group and Apollo Management, LP; Las Vegas-based provider of branded casino entertainment.

INTERNATIONAL ALUMINUM CORP.: New credit facility; CIBC; help back buyout by Genstar Capital, LLC; Monterey Park, Calif., manufacturer of diversified lines of aluminum and vinyl products.

J-M MANUFACTURING CO. INC.: New secured credit facility; UBS and RBS Securities; help fund acquisition of PW Eagle Inc.; Livingston, N.J., operator of plastic pipe manufacturing facilities.

KODAK HEALTH GROUP: New credit facility; Credit Suisse and Goldman Sachs; help fund Onex Corp.'s acquisition of Eastman Kodak Co.'s health group business, which consists of medical, dental and molecular imaging systems businesses.

LAUREATE EDUCATION INC.: New debt financing; Goldman Sachs and Citigroup; help fund buyout by Douglas L. Becker, chairman and chief executive officer, Kohlberg Kravis Roberts & Co., Citigroup Private Equity, S.A.C. Capital Management, LLC, SPG Partners, Bregal Investments, Caisse de depot et placement du Quebec, Sterling Capital, Makena Capital, Torreal SA and Southern Cross Capital; Baltimore-based provider of higher education.

LODGENET ENTERTAINMENT CORP.: $475 million senior secured credit facility; Bear Stearns and Credit Suisse; $50 million revolver; $425 million in term loans; help fund acquisition of Ascent Entertainment Group, Inc. from Liberty Media Corp.; Sioux Falls, S.D.-based provider of interactive TV and broadband solutions to hotels.

OSI RESTAURANT PARTNERS INC.: $1.35 billion senior secured credit facility; Deutsche Bank and Bank of America; $1.1 billion seven-year term loan; $250 million six-year revolver; help fund LBO by Bain Capital Partners, LLC, Catterton Partners and company founders Chris T. Sullivan, Robert D. Basham and J. Timothy Gannon; Tampa, Fla., casual dining restaurants company.

PACIFIC ETHANOL INC.: $325 million senior secured credit facility; WestLB and Mizuho Corporate Bank; $300 million term loan; $25 million revolver; recapitalize Madera California ethanol plant, provide take-out financing on the completion of Boardman Oregon ethanol plant, provide both construction and term financing for three additional ethanol plants under development and for working capital; Fresno, Calif., owner and operator of ethanol plants.

PINNACLE FOODS GROUP INC.: New debt financing; Lehman; help fund LBO by The Blackstone Group; Cherry Hill, N.J., manufacturer, marketer and distributor of branded food products.

PSYCHIATRIC SOLUTIONS INC.: $250 million term loan add-on; Citigroup and Merrill Lynch; fund acquisition of Horizon Health Corp.; Franklin, Tenn., provider of inpatient behavioral health care services.

RAILAMERICA INC.: $650 million senior secured credit facility; Citigroup and Morgan Stanley; help fund already completed LBO by Fortress Investment Group LLC; Boca Raton, Fla., short line and regional rail service provider.

REALOGY CORP.: Up to $4.27 billion senior secured credit facility; JPMorgan, Credit Suisse, Bear Stearns and Citigroup; up to $2.67 billion in term loans (including $970 million delayed-draw piece that would be available to fund purchases of the company's notes if necessary); $850 million synthetic letter-of-credit facility; $750 million revolver; help fund LBO by Apollo Management, LP; Parsippany, N.J., real estate franchisor.

RITE AID CORP.: $1.105 billion seven-year senior secured term loan (of which about $680 million will be drawn at close); Citigroup; help fund acquisition of Jean Coutu Group USA Inc.; Camp Hill, Pa., national drugstore chain.

SABRE HOLDINGS CORP.: $2.9 billion senior secured credit facility; Deutsche Bank and Merrill Lynch; $500 million revolver (a portion of which may be reallocated to a synthetic letter-of-credit facility); $2.4 billion term loan; back LBO by Silver Lake Partners and Texas Pacific Group; Southlake, Texas, retailer of travel products and provider of distribution and technology solutions for the travel industry.

SKILLSOFT PLC: $205 million secured credit facility; Credit Suisse; $25 million revolver; $180 million term loan(s); help fund acquisition of NETg from Thomson Corp.; Nashua, N.H., provider of e-learning and performance support solutions.

SMART & FINAL INC.: New debt financing; Bank of America, Bear Stearns and Credit Suisse; help fund LBO by Apollo Management, LP; City of Commerce, Calif., operator of non-membership warehouse stores for food and foodservice supplies.

SUN HEALTHCARE GROUP INC.: $505 million senior secured credit facility; Credit Suisse, CIBC and UBS; $430 million seven-year term loan at Libor plus 275 bps; $75 million six-year revolver at Libor plus 275 bps, 50 bps unused fee; help fund acquisition of Harborside Healthcare Corp.; Irvine, Calif., operator of long-term and postacute care facilities, and a provider of therapy, medical staffing, home care and hospice services.

SWIFT TRANSPORTATION CO. INC.: $2.975 billion senior secured credit facility; Morgan Stanley, Wachovia and JPMorgan; $450 million five-year revolver expected at Libor plus 275 bps, 50 bps commitment fee; $1.69 billion seven-year first-lien term B expected at Libor plus 275 bps; $835 million eight-year second-lien term loan expected at Libor plus 625 bps, call protection 102, 101; help fund buyout by Jerry Moyes, its largest shareholder and a current director; Phoenix truckload carrier.

SYNAGRO TECHNOLOGIES INC.: $540 million senior secured credit facility; Bank of America, Citigroup and Lehman; $100 million revolver; $290 million first-lien term loan; $150 million second-lien term loan; help fund LBO by The Carlyle Group; Houston-based recycler of biosolids and other organic residuals.

TELESAT: $2.179 billion credit facility; Morgan Stanley, UBS and JPMorgan, with Morgan Stanley left lead; C$500 million five-year term A at BA plus 200 bps if B1/B+, otherwise BA plus 225 bps; $1.054 billion seven-year term B at Libor plus 225 bps if B1/B+, otherwise Libor plus 250 bps; $386 million delayed-draw term B-1; $150 million delayed-draw term B-2; $150 million Canadian equivalent revolver at Libor plus 200 bps if B1/B+, otherwise Libor plus 225 bps, 50 bps commitment fee; help fund acquisition of Telesat Canada by a joint venture company formed by Loral Space & Communications Inc. and the Public Sector Pension Investment Board from BCE Inc.; Ottawa, Ont., operator of telecommunications satellites.

TRIAD HOSPITALS INC.: New credit facility; JPMorgan, Goldman Sachs and Citigroup; help fund LBO by CCMP Capital Advisors and GS Capital Partners; Plano, Texas, owner and manager of hospitals and ambulatory surgery centers.

TXU GENERATION DEVELOPMENT CO. LLC: $11 billion credit facility; Morgan Stanley, Citigroup and Merrill Lynch; $2 billion revolver; $6.5 billion term B; $2.5 billion second-lien term loan; fund the development and construction of 11 lignite/coal-fired generation units in Texas; subsidiary of Dallas-based energy company TXU Corp. that was established for the purpose of developing and constructing the generation facilities.

UNITED SURGICAL PARTNERS INTERNATIONAL INC.: $665 million senior secured credit facility; Citigroup, Lehman, SunTrust, UBS and Bear Stearns; $100 million seven-year final maturity delayed-draw term loan expected at Libor plus 250 bps; $465 million seven-year term loan expected at Libor plus 250 bps; $100 million six-year revolver expected at Libor plus bps; help fund buyout by Welsh, Carson, Anderson & Stowe; Addison, Texas, owner and operator of short-stay surgical facilities.

USI HOLDINGS CORP.: $625 million senior secured credit facility; Goldman Sachs and JPMorgan, with JPMorgan administrative agent; $100 million six-year revolver; $525 million seven-year term loan; help fund LBO by GS Capital Partners; Briarcliff Manor, N.Y., distributor of insurance and financial products and services to businesses.

VERINT SYSTEMS INC.: $675 million senior secured credit facility; Lehman Brothers, Deutsche Bank and Credit Suisse; $650 million seven-year term loan expected at Libor plus 250 bps; $25 million six-year revolver; help fund acquisition of Witness Systems, Inc.; Melville, N.Y., provider of analytic software-based solutions for security and business intelligence.

WESTERN GOLDFIELDS INC.: Expected close first quarter of 2007; $105 million eight-year term loan at Libor plus 220 bps pre-completion of the project and Libor plus 175 bps post-completion; Investec Bank; develop Mesquite Mine in California and help purchase fleet equipment; Toronto-based gold producer.

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