High Yield Calendar: $8.165 billion and £225 million deals being marketed

MARCH 22 WEEK

CONSOL ENERGY INC.: $2.75 billion seven- and 10-year senior notes; Bank of America Merrill Lynch, PNC Capital Markets LLC and RBS Securities Inc. (joint books), BNP Paribas, Scotia Capital (USA) Inc., Mitsubishi UFJ Securities (USA) Inc., Wells Fargo Securities (co-managers); Rule 144A and Regulation S; seven-year notes will be non-callable for four years, 10-years non-callable for five years; Canonsburg, Pa., coal and natural gas company; proceeds to help fund $3.475 billion purchase price for its previously announced acquisition of the Appalachian oil and gas exploration and production business of Dominion Resources, Inc. except for certain assets located in natural gas storage fields; proceeds in escrow pending closing; notes to be redeemed if acquisition doesn't close; roadshow started Monday; pricing late in March 22 week.

LEARNING CARE GROUP (US) NO. 2 INC.: $265 million 13% senior secured PIK notes due 2015, with 10½% cash and 2½% PIK coupon (confirmed B2/expected CCC+) plus warrants for 10% of the company's common equity; Barclays Capital Inc., Wells Fargo Securities, Morgan Stanley & Co. Inc. (joint); Rule 144A for life; non-callable for three years (increased from 2.5 years); to refinance term loan and mezzanine loan and for general corporate purposes; Novi, Mich.-based education services company; price talk 96.00 to 97.00; books close 11 a.m. ET on Monday, pricing after.

NATIONSTAR MORTGAGE LLC: $250 million senior notes due 2015 (B2/B); Barclays Capital Inc., Bank of America Merrill Lynch, Deutsche Bank Securities Inc., RBS Securities Inc. (joint); 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; price talk 11% to 11¼%; books close noon ET on Monday; pricing Monday afternoon.

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; talked at 9 1/8% and 9 3/8%, with a discount of approximately 1 to 2 points.

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 started March 19; pricing expected March 24.

OVERSEAS SHIPHOLDING GROUP, INC.: $300 million eight-year senior notes; Citigroup Global Markets Inc., Morgan Stanley & Co. Inc., HSBC Securities (USA) Inc. (joint books), Deutsche Bank Securities Inc., DNB NOR Markets, Goldman Sachs & Co., ING (co-managers); SEC registered; make-whole call; York-based bulk shipping company plans to use proceeds to reduce its unsecured revolving credit facility debt; roadshow March 22 to 24, pricing afterwards.

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.

LINN ENERGY, LLC/LINN ENERGY FINANCE CORP.: $500 million 10-year senior notes; RBC Capital Markets Corp., Barclays Capital Inc., BNP Paribas, Citigroup Global Markets Inc., Credit Agricole, RBS Securities Inc., Wells Fargo Securities (joint books), BMO Capital Markets Corp., Scotia Capital (USA) Inc., UBS Securities LLC (co-managers); Rule 144A and Regulation S; non-callable for five years; Houston-based oil and natural gas development company will use proceeds to reduce debt under its revolving credit facility and to unwind interest rate derivative contracts; roadshow starts March 23; pricing late March 22 week or early March 29 week.

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, expected to price late in the week.

MIDWEST GAMING BORROWER, LLC and MIDWEST FINANCE CORP.: $175 million senior secured notes due 2016; Goldman Sachs & Co. (left lead), Credit Suisse (joint books); Rule 144A for life; non-callable for three years; 101% poison put; to finance the development costs related to the Des Plaines Casino and fund the interest reserve; issuing entities are financing units of Chicago-based Midwest Gaming & Entertainment, LLC; roadshow starts March 23, and runs through the remainder of the 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.

MARCH 29 WEEK

NES RENTAL HOLDINGS, INC.: $250 million senior secured second-lien notes due 2017; Deutsche Bank Securities, Bank of America Merrill Lynch (joint); non-callable for three years; to repay second-lien term loan; Chicago-based construction equipment, industrial equipment and heavy machinery rental business; roadshow March 23-29.

PROVIDENT FUNDING ASSOCIATES, LP/PFG FINANCE CORP.: $400 million seven-year secured notes; J.P. Morgan Securities Inc. (books), Jeffries & Co. Inc. (senior co-manager), UBS Securities LLC, Guggenheim Securities LLC (co-managers); Rule 144A for life and Regulation S; four years of call protection; Burlingame, Calif., private, independent mortgage company that originates and services residential mortgage loans; proceeds to repay term loan debt and for general corporate purposes; roadshow March 22 to March 29, pricing after.

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.

GREAT WOLF RESORTS, INC.: $225 million first mortgage notes due 2017; to repay the $212 million of outstanding mortgage debt on the company's Mason, Ohio; Williamsburg, Va.; and Grapevine, Texas, properties and for general corporate purposes; Madison, Wis., operator of indoor waterpark resorts.

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.

LEAR CORP.: $700 million of new eight-year and 10-year senior notes; Citigroup Global Markets, Inc., J.P. Morgan Securities Inc., Barclays Capital Inc., UBS Securities LLC (joint books); off shelf; Southfield, Mich. auto parts maker will use proceeds, along with cash and cash equivalents, to repay in full $375 million outstanding under its first-lien credit facility and $550 million outstanding under its second-lien credit facility.

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

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

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.

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

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

March 23-29: NES RENTAL HOLDINGS, INC. $250 million; Deutsche Bank Securities, Bank of America Merrill Lynch

March 22-24: OVERSEAS SHIPHOLDING GROUP, INC.: $300 million senior notes; Citigroup Global Markets Inc., Morgan Stanley & Co. Inc., HSBC Securities (USA) Inc.

March 22-29: PROVIDENT FUNDING ASSOCIATES, LP/PFG FINANCE CORP.: $400 million seven-year secured notes; J.P. Morgan Securities Inc.

Starts March 23: LINN ENERGY, LLC/LINN ENERGY FINANCE CORP.: $500 million 10-year senior notes; RBC Capital Markets Corp., Barclays Capital Inc., BNP Paribas, Citigroup Global Markets Inc., Credit Agricole, RBS Securities Inc., Wells Fargo Securities

Started March 22: CONSOL ENERGY INC.: $2.75 billion seven- and 10-year senior notes; Bank of America Merrill Lynch, PNC Capital Markets LLC and RBS Securities Inc.

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