High Yield Calendar: $3.78 billion and £225 million deals being marketed

MARCH 15 WEEK

DA-LITE SCREEN CO., INC.: $105 million senior unsecured notes due 2015; Morgan Stanley Co. Inc.; Rule 144A/Regulation S with registration rights; non-callable for three years; to retire the 9½% senior notes due 2011; Warsaw, Ind.-based manufacturer and marketer of projection screens and presentation products; price talk 13¼% area with approximately 3 points OID; books close 10 a.m. ET on Friday, pricing thereafter.

NATIONSTAR MORTGAGE LLC: $250 million senior notes due 2015 (expected ratings B2/B); Barclays Capital Inc., Bank of America Merrill Lynch, Deutsche Bank Securities Inc., RBS Securities Inc.; Rule 144A with registration rights; make-whole call for first three years, then callable at a premium; three-year 35% equity clawback at par plus coupon; to refinance corporate debt and for general corporate purposes, including potential acquisitions and servicing of portfolios; Dallas-based mortgage lender; roadshow March 11-17; pricing end of March 15 week.

WYLE SERVICES CORP.: $175 million senior subordinated notes due 2018 (expected Caa1/confirmed B+); J.P. Morgan Securities Inc., Barclays Capital Inc. (joint), Wells Fargo Securities (co); Rule 144A/Regulation S for life; non-callable for four years; to refinance debt; McLean, Va.-based engineering firm specializing in high-tech testing, life sciences and technical-support services to federal government agencies, including the Department of Defense and NASA; roadshow March 16-19; pricing late March 15 week or early March 22 week.

MARCH 22 WEEK

MARTIN MIDSTREAM PARTNERS LP and MARTIN MIDSTREAM FINANCE CORP.: $200 million senior notes due 2018 (expected ratings B3/B+); Wells Fargo Securities, RBC Capital Markets Corp., UBS Investment Bank; Rule 144A with registration rights/Regulation S; non-callable for four years; to repay bank debt; Kilgore, Texas-based diversified energy services company; pricing early March 22 week.

MATALAN RETAIL LTD.: £225 million senior notes due 2017; Goldman Sachs & Co.; non-callable for four years; to fund a dividend, budget clothing retailer headquartered in Skelmersdale, England; roadshow starts March 19; pricing expected March 24.

COFFEYVILLE RESOURCES, LLC and COFFEYVILLE FINANANCE INC. (CVR ENERGY, INC) $500 million notes: $250 million first-lien senior secured notes due 2015 (/BB-/), non-callable for two years, and $250 million second-lien senior secured notes due 2017 (/BB-/), non-callable for three years; Deutsche Bank Securities Inc. (left books), Credit Suisse, Goldman Sachs & Co., RBS Securities Inc. (joint); Rule 144A with registration rights/Regulation S; 101% poison put; to repay term loan debt under the first-priority credit facility and for general corporate purposes; Sugar Land, Texas-based diversified energy services and fertilizer company; roadshow March 18-24.

LYONDELL CHEMICAL CO.: $2.25 billion equivalent 7.5-year senior secured notes in dollars and euros; Bank of America Merrill Lynch, UBS Investment Bank, Barclays Capital, Citigroup, Credit Suisse, Deutsche Bank, JPMorgan, Morgan Stanley, Wells Fargo Securities (joint); Rule 144A with registration rights; non-callable for three years (10% of issue callable annually at 103); change-of-control put at 101%; proceeds, along with new senior secured term loan and other funding sources, to finance the company's emergence from bankruptcy; Netherlands-based polymer, petrochemicals and fuels company; roadshow started March 15; pricing late March 22 week.

RADNET INC.: $210 million senior unsecured notes due 2018 (Caa1); Deutsche Bank Securities Inc. (left books), Barclays Capital Inc., RBC Capital Markets Corp., Jefferies & Co. (joint books); Rule 144A with registration rights; non-callable for four years; proceeds, along with new credit facility, to repay first-lien and second-lien term loans and for general corporate purposes; Los Angeles-based provider of outpatient diagnostic imaging services; high-yield roadshow during March 22 week.

TERPHANE, INC.: $90 million secured notes due 2017; PrinceRidge Group (sole); Rule 144A for life; non-callable for four years; to repay Libor plus 970 bps secured notes and 12% secured notes; polyester films manufacturer based in Bloomfield, N.Y., and Sao Paulo; roadshow started March 15.

EXPECTED MARCH BUSINESS

CKE RESTAURANTS INC.: $150 million of senior unsecured notes; also $450 million credit facility and up to $440 million in equity; to finance acquisition by Thomas H. Lee Partners, expected second quarter of 2010, Bank of America and Barclays are the lead banks on the financing; Carpinteria, Calif.-based owner of Carl's Jr. and Hardee's quick-service restaurant chains.

MERGE HEALTHCARE INC.: $200 million notes; to help fund acquisition of Amicas (bridge loan via Morgan Stanley); also $40 million of equity; Milwaukee-based medical software developer; expected early to mid-March business.

EXPECTED APRIL BUSINESS

PHILLIPS-VAN HEUSEN CORP.: $600 million senior unsecured notes and $2.45 billion senior secured credit facility; Barclays and Deutsche Bank are global debt coordinators, Barclays left lead; also Bank of America, Credit Suisse, RBC Capital Markets; to help fund Tommy Hilfiger acquisition from Apax Partners for €2.2 billion plus the assumption of €100 million in liabilities, and to refinance Phillips-Van Heusen's $300 million of existing senior unsecured notes due in 2011 and 2013; New York-based Phillips-Van Heusen and Tommy Hilfiger are apparel companies; April business.

ON THE HORIZON

ANWORTH MORTGAGE ASSET CORP.: $600 million; Santa Monica, Calif.-based real estate investment trust focusing on mortgage-backed securities and residential mortgage loans

CDW CORP.: $1.94 billion notes: $890 million senior unsecured cash-pay notes due 2015 (Caa1/CCC+), $300 million senior unsecured PIK toggle notes due 2015 (Caa1/CCC+) and $750 million senior subordinated notes due 2017 (Caa2/CCC+); J.P. Morgan Securities Inc., Deutsche Bank Securities Inc., Morgan Stanley & Co.; to refinance bridge loan related to LBO; Vernon Hills, Ill., provider of technology products and services.

CEDAR FAIR LP: $1.95 billion financing commitment via JPMorgan, Bank of America, Barclays Capital, UBS and KeyBanc Capital Markets, including $700 million high-yield bonds and $1.25 billion credit facility; to help fund $2.4 billion buyout by Apollo Global Management, expected to close during the second quarter of 2010; Sandusky, Ohio-based amusement-resort operator.

INEOS GROUP LTD.: Approximately €1 billion in new senior secured high-yield notes and term loans; Barclays Capital and JPMorgan joint coordinators and bookrunners for the loans and solicitation agents for notes; to refinance a portion of its senior loan debt; Lyndhurst, England-based chemical company is expected to seek consent of existing bond and loan-holders during March 15 week.

INFORMA GLOBAL MARKETS: High-yield notes (Ba2/BB), size to be determined; JPMorgan; London-based real-time capital markets information services provider; originally scheduled as early September business, pending market conditions.

LEARNING CARE GROUP (US) NO. 2 INC.: $265 million senior secured notes due 2015 (confirmed B2/expected CCC+); Barclays Capital Inc., Wells Fargo Securities, Morgan Stanley & Co. Inc. (joint); Rule 144A for life; non-callable for 2.5 years, with make-whole provision; to refinance term loan and mezzanine loan and for general corporate purposes; Novi, Mich.-based education services company.

ROADSHOWS

Started: March 15: LYONDELL CHEMICAL CO. $2.25 billion equivalent; Bank of America Merrill Lynch, UBS Investment Bank, Barclays Capital, Citigroup, Credit Suisse, Deutsche Bank, JPMorgan, Morgan Stanley, Wells Fargo Securities

Starts March 15: TERPHANE, INC. $90 million; PrinceRidge Group

March 16-19: WYLE SERVICES CORP. $175 million; J.P. Morgan Securities Inc., Barclays Capital Inc.

Pricing early March 22 week: MARTIN MIDSTREAM PARTNERS LP and MARTIN MIDSTREAM FINANCE CORP. $200 million; Wells Fargo Securities, RBC Capital Markets Corp., UBS Investment Bank

March 18-24: COFFEYVILLE RESOURCES, LLC and COFFEYVILLE FINANANCE INC. (CVR ENERGY, INC) $500 million; Deutsche Bank Securities Inc.

Starts March 19: MATALAN RETAIL LTD. £225 million; Goldman Sachs & Co.

March 22 week: RADNET INC. $210 million; Deutsche Bank Securities Inc.

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