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Published on 1/21/2014 in the Prospect News Bank Loan Daily.

Bank Loan Calendar: $49.1025 billion deals being marketed

January Bank Meetings

EXGEN RENEWABLES I LLC: Bank meeting Jan. 22; $300 million first-lien HoldCo senior secured term loan; Barclays; fund a distribution to parent company Exelon Corp.; operator of a portfolio of 13 contracted wind energy assets.

IKARIA INC.: Bank meeting Jan. 22; $1.295 billion credit facility; Credit Suisse, Barclays, Goldman Sachs and Morgan Stanley; $50 million revolver; $830 million seven-year covenant-light first-lien term loan talked at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call for one year; $415 million eight-year covenant-light second-lien term loan talked at Libor plus 850 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund buyout by Madison Dearborn Partners; Hampton, N.J., critical care company.

MEDIACOM LLC: Conference call Jan. 22; $250 million term F; Wells Fargo, JPMorgan, Bank of America, Deutsche Bank, Credit Suisse, RBC, SunTrust and Natixis; repay term C; Middletown, N.Y., cable operator.

PEROXYCHEM: Bank meeting Jan. 22; $155 million credit facility; Macquarie; $20 million five-year revolver; $135 million six-year first-lien term loan talked at Libor plus 500 bps to 525 bps, 1% Libor floor, OID 98, 101 soft call; help fund buyout of FMC Corp.'s Peroxygens business by One Equity Partners; supplier of hydrogen peroxide, persulfate products, peracetic acid and other eco-friendly specialty oxidants.

SOUTHWIRE CO.: Conference call Jan. 22; $1.75 billion senior secured credit facility; Bank of America, Wells Fargo, BMO and Macquarie; $1 billion asset-based revolver expected at Libor plus 150 bps, 30 bps unused fee; $750 million seven-year covenant-light term loan expected at Libor plus 275 bps, 0.75% Libor floor; help fund acquisition of Coleman Cable Inc.; Carrollton, Ga., wire and cable producer.

TAMINCO CORP.: Conference call Jan. 22; new loan; Citigroup; help fund acquisition of the formic acid business of Kemira Oyj; Allentown, Pa., producer of alkylamines and alkylamine derivatives.

WESTERN DENTAL SERVICES INC.: Bank meeting expected Jan. 27 week; $300 million term loan; Jefferies; refinance existing debt; Orange, Calif., dental and oral health maintenance organization.

Upcoming Closings

1-800 CONTACTS: $460 million credit facility; Goldman Sachs and Morgan Stanley; $60 million revolver; $400 million first-lien covenant-light term loan talked at Libor plus 350 bps to 375 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; help fund buyout by Thomas H. Lee Partners from WellPoint; Orem, Utah-based online contact lens retailer.

ALIXPARTNERS LLP: $752 million of first-lien covenant-light term loans; Deutsche Bank; $80 million term B-1 due June 2017 at Libor plus 275 bps, 101 soft call for six months; $672 million term B-2 due July 2020 at Libor plus 300 bps, 1% Libor floor, 101 soft call for six months; repricing; New York-based performance improvement, corporate turnaround and financial advisory services firm.

APPLIED SYSTEMS INC.: $1.145 billion credit facility; Credit Suisse, Deutsche Bank, Jefferies and UBS; $50 million revolver (B1/B+); $700 million seven-year first-lien covenant light term loan (B1/B+) at Libor plus 325, step-down to Libor plus 300 bps at 4.25x first-lien leverage, 1% Libor floor, OID 993/4, 101 soft call for six months; $395 million eight-year second-lien covenant-light term loan (Caa2/CCC+) at Libor plus 650 bps, 1% Libor floor, OID 991/4, call protection 102, 101; help fund buyout by Hellman & Friedman LLC from Bain Capital; University Park, Ill., provider of software for the insurance industry.

ASCEND LEARNING: $445 million credit facility (B3/B); Bank of America and GE Capital; $40 million five-year revolver; $405 million 51/2-year term loan talked at Libor plus 550 bps, 1% Libor floor, OID 99, 101 soft call; refinance existing debt; Burlington, Mass., and Leawood, Kan.-based provider of technology-based learning services focused on student training and testing results in health care and other vocational fields.

ATLANTIC AVIATION FBO INC.: $100 million incremental term B (Ba3/BB-) due June 1, 2020 at Libor plus 250 bps, 0.75% Libor floor, OID 993/4, 101 soft call until May 31, 2014; Barclays and Macquarie; fund the acquisition of five fixed base operations from Galaxy Aviation and add cash to the balance sheet; New York-based aviation services company that operates fixed-base operator facilities.

ATRIUM INNOVATIONS: $700 million credit facility; RBC, Deutsche Bank, National Bank Financial Markets, Toronto-Dominion Bank; $75 million five-year revolver (B2/B+); $300 million seven-year first-lien term loan (B2/B+) talked at Libor plus 350 bps to 375 bps, 1% Libor floor, OID 99, 101 soft call for six months; $125 million equivalent seven-year euro first-lien term loan (B2/B+) talked at Euribor plus 375 bps to 400 bps, 1% floor, OID 99, 101 soft call for six months; $200 million 71/2-year second-lien term loan (Caa2/CCC+) talked at Libor plus 750 bps to 775 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund buyout by Permira Advisers; Quebec-based dietary supplements developer and manufacturer.

AXALTA COATING SYSTEMS: $2.283 billion covenant-light term loan due Feb. 1, 2020 at Libor plus 300 bps, step-down to Libor plus 275 bps if net total leverage is 4.5 times, 1% Libor floor, 101 soft call for six months; Barclays, Credit Suisse, Citigroup, Deutsche Bank, Morgan Stanley, UBS, Jeffries and SMBC; also €397 million covenant-light term loan due Feb. 1, 2020 at Euribor plus 325 bps, step-down to Euribor plus 300 bps if net total leverage is 4.5 times, 1% floor, 101 soft call for six months; repricing; Wilmington, Del., supplier of vehicle and industrial coating systems.

BATS GLOBAL MARKETS INC.: $570 million credit facility (B1/BB-); Bank of America, JPMorgan and Credit Suisse; $100 million three-year revolver; $470 million six-year term B at Libor plus 400 bps, step-down to Libor plus 375 bps at less than 2.25x net total leverage, 1% Libor floor, OID 993/4, 101 soft call for six months; refinance existing debt, fund a distribution to BATS shareholders and for general corporate purposes; Kansas City, Mo., operator of securities markets.

BOB'S DISCOUNT FURNITURE: $300 million senior secured credit facility; RBC and UBS; $40 million asset-based revolver; $180 million first-lien term loan (B2/B) talked at Libor plus 400 bps, 1% Libor floor, OID 99, 101 soft call for six months; $80 million second-lien term loan (Caa1/CCC+) talked at Libor plus 800 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund buyout by Bain Capital; Manchester, Conn., retailer of furniture and bedding.

CBS OUTDOOR AMERICAS: Expected close Jan. 31; $1.225 billion senior secured credit facility (Ba1/BB+); Citigroup, Deutsche Bank and Wells Fargo; $425 million five-year revolver; $800 million seven-year covenant-light term B at Libor plus 225 bps, 0.75% Libor floor, OID 993/4, 101 soft call for six months; help fund a payment to CBS Corp. for the assets in connection with stock IPO; New York-based lessor of advertising space on out-of-home advertising structures and sites.

CHEMTRADE LOGISTICS INCOME FUND: $1 billion five-year senior secured credit facility; BMO and Scotia Bank; $400 million revolver at Libor plus 250 bps; $600 million term loan at Libor plus 250 bps; help fund the acquisition of General Chemical Holding Co. and refinance existing debt; Toronto-based operator of a diversified business providing industrial chemicals and services.

CHESAPEAKE SERVICES LTD./MULTI PACKAGING SOLUTIONS INC.: $452 million U.S. bank debt (B1/B+); Barclays and Credit Suisse; $122 million incremental term B due Sept. 30, 2020 at Libor plus 325 bps, 1% Libor floor, OID 993/4, 101 soft call through March 30, 2014; $50 million revolver due Aug. 15, 2018 at Libor plus 325 bps; $280 million rollover term B due Sept. 30, 2020 at Libor plus 325 bps, 1% Libor floor, OID 993/4, 101 soft call through March 30, 2014; also £50mm multicurrency revolver due Sept. 30, 2019 at Libor plus 400 bps, £145 million term B due Sept. 30, 2020 talked at Libor plus 500 bps, 1% Libor floor, 101 soft call through Sept. 30, 2014, and €172.6 million term B due Sept. 30, 2020 at Euribor plus 450 bps, 1% floor, 101 soft call through Sept. 30, 2014; help fund merger of the two companies; U.K.-based manufacturer of consumer packaging.

COMMUNITY HEALTH SYSTEMS INC.: $6.625 billion credit facility (Ba2/BB/BB+); Credit Suisse, Bank of America, Citigroup, Goldman Sachs, JPMorgan, RBC, SunTrust, UBS and Wells Fargo; $2.925 billion seven-year covenant-light term D at Libor plus 325 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; up to roughly $1.7 billion extended seven-year covenant-light term C debt at Libor plus 325 bps, 1% Libor floor, OID 993/4, 101 soft call for six months; $1 billion five-year revolver; $1 billion five-year term loan A; help fund purchase of Health Management Associates Inc. and refinance some debt; Nashville, Tenn., hospital company.

CONNOLLY HOLDINGS INC.: $350 million credit facility (B2/B); RBC, Bank of America and SunTrust; $30 million five-year revolver; $320 million seven-year term B talked at Libor plus 425 bps, 1% Libor floor, OID 99, 101 soft call for six months; refinance existing bank debt; Atlanta-based provider of technology-enabled recovery audit services.

DAE AVIATION HOLDINGS INC.: Roughly $840 million of term loans; Barclays, Bank of America and Goldman Sachs; $300 million second-lien term loan (Caa2/CCC) talked at Libor plus 750 bps, 1% Libor floor, OID 98½ to 99, call protection 103, 102, 101; roughly $540 million first-lien term loan (B2/B) due Nov. 2, 2018 talked at Libor plus 425 bps to 450 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; refinance notes and reprice existing first-lien term loan; aircraft MRO provider.

DIXIE ELECTRIC LLC (FR DIXIE ACQUISITION CORP.): $320 million credit facility (B3/B+); UBS, Credit Suisse, Macquarie and Societe Generale; $40 million five-year revolver; $280 million seven-year term B talked at Libor plus 500 bps, 1% Libor floor, OID 99, 101 soft call for six months; help fund buyout by First Reserve from One Rock Capital Partners LLC; Odessa, Texas, provider of electrical infrastructure materials and services to the upstream oil and gas sector.

EMERALD EXPOSITIONS HOLDING INC.: $200 million covenant-light incremental term B (BB-) due June 2020 at Libor plus 425 bps, 1.25% Libor floor, OID 993/4, 101 soft call until June 16, 2014; Bank of America and Morgan Stanley; help fund acquisition of George Little Management LLC; San Juan Capistrano, Calif., operator of large business-to-business tradeshows.

ENDEAVOUR INTERNATIONAL HOLDING: $255 million of senior secured term loans due Nov. 30, 2017; Credit Suisse; $125 million term loan (collateral for letters-of-credit) talked at Libor plus 750 bps, 1.25% Libor floor, OID 981/2, non-call one; $130 million term loan (procurement facility) talked at Libor plus 750 bps, 1.25% Libor floor, OID 981/2, non-call one, except for $98 million which can be called at par for six months; refinance existing debt and general corporate purposes; Houston-based oil and gas exploration and production company.

EXTREME REACH INC.: $495 million credit facility; JPMorgan and SunTrust; $30 million five-year revolver; $300 million six-year first-lien term B at Libor plus 575 bps, 1% Libor floor, OID 981/2, 101 soft call; $165 million seven-year second-lien term loan at Libor plus 950 bps, 1% Libor floor, OID 98, non-call one, 102, 101; help fund acquisition of the TV business of Digital Generation Inc.; Needham, Mass., video platform for integrated TV, online and mobile advertising.

FIRST DATA CORP.: $2.677 billion of term loans ($2.494 billion U.S., $183 million); Credit Suisse and KKR Capital; repricing of debt talked at Libor plus 325 bps to 350 bps or extension to March 2021 from March 2017 talked at Libor plus 400 bps, 0 to 12.5 bps upfront fee; Greenwood Village, Colo., provider of electronic commerce and payment services.

GLENCOE PRINCIPAL HOLDINGS: $200 million credit facility; Macquarie; $25 million five-year revolver (B2/B+); $130 million five-year first-lien term loan (B2/B+) talked at Libor plus 650 bps, 1% Libor floor, 101 soft call; $45 million seven-year second-lien term loan (Caa2/CCC+) talked at Libor plus 900 bps, 1% Libor floor, OID 981/2, call protection 102, 101; refinance existing subsidiary debt, acquire certain outstanding equity interests held by third parties and fund a distribution to sponsor Glencoe Capital; Co-borrowers are subsidiaries Dixie Chemical, a Pasadena, Texas-based manufacturer of high-purity chemicals, complex compounds and chemical intermediates, Child Development Schools, a Columbus, Ga.-based for-profit preschool education and early care provider, and Polyair Corp., a Toronto-based manufacturer and marketer of protective packaging products.

HARBOURVEST PARTNERS LP: $350 million first-lien covenant-light term loan due January 2021 talked at Libor plus 250 bps, 0.75% Libor floor, 101 soft call for six months; Credit Suisse; reprice and extend an existing term loan and repay subordinated notes; Boston-based private equity firm.

HARLAND CLARKE HOLDINGS CORP.: $650 million of bank debt; Credit Suisse, Bank of America, Citigroup, Deutsche Bank and Jefferies; $500 million first-lien covenant-light incremental term loan B-3 (B1/B+) due May 2018 talked at Libor plus 550 bps, 1.5% Libor floor, OID 99, call protection 102 through April 2014, 101; $150 million asset-based revolver due Feb. 20, 2018; help fund acquisition of Valassis, refinance existing debt and general corporate purposes; San Antonio-based provider of payment, marketing and security services.

INMAR INC.: $505 million credit facility; Credit Suisse and BNP Paribas; $50 million five-year revolver (B1/B); $350 million seven-year first-lien covenant-light term loan (B1/B) talked at Libor plus 350 bps, 1% Libor floor, OID 99, 101 soft call for six months; $105 million eight-year second-lien covenant-light term loan (Caa1/CCC+) talked at Libor plus 750 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund buyout by ABRY Partners from New Mountain Capital; Winston-Salem, N.C., provider of tech enabled promotion and inventory, logistics and settlement services.

JAZZ PHARMACEUTICALS PLC: $1.1294 billion bank debt (Ba3/BB+); Barclays, JPMorgan, Bank of America, Citigroup and Morgan Stanley; $225 million incremental revolver due June 12, 2017 at Libor plus 250 bps; $904.4 million (including $350 million incremental term loan) due June 12, 2018 at Libor plus 250 bps, 0.75% Libor floor, OID 99½ on incremental, 101 soft call for six months; help fund acquisition of Gentium SpA and reprice existing term loan; Dublin, Ireland, specialty biopharmaceutical company.

JLL/DELTA PATHEON HOLDINGS LP: $1.35 billion-equivalent credit facility (B2/B); UBS, JPMorgan, Jefferies, KeyBanc and Morgan Stanley; $200 million five-year revolver; $840 million seven-year term B talked at Libor plus 400 bps to 425 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; €250 million seven-year term B talked at Euribor plus 425 bps to 450 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; help fund purchase of Patheon by JLL Partners and Royal DSM and merger with DSM Pharmaceutical Products to create a new company; contract development and manufacturing organization for the pharmaceutical industry.

LIGHTOWER FIBER NETWORKS: $1.095 billion first-lien term loan due April 2020 talked at Libor plus 325 bps, 0.75% Libor floor; JPMorgan, Morgan Stanley and SunTrust; repricing; Boxborough, Mass., metro fiber and bandwidth provider.

MERGERMARKET USA INC.: New credit facility; UBS, Mizuho and HSBC; $40 million five-year revolver (B2/B); U.S. equivalent £150 million seven-year first-lien term loan (B2/B) talked at Libor plus 375 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; U.S. equivalent £70 million eight-year second-lien term loan (Caa2/CCC+) talked at Libor plus 725 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund buyout by BC Partners from Pearson plc; provider of corporate financial news, intelligence and analysis with headquarters in New York, London and Hong Kong.

MITEL NETWORKS CORP.: $405 million credit facility (Ba3/B+); Jefferies and TD Securities; $355 million six-year term loan at Libor plus 425 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; $50 million five-year revolver; help fund acquisition of Aastra Technologies Ltd. and refinance an existing credit facility; Kanata, Ont., provider of cloud and premises-based unified communications software.

MRI SOFTWARE: $165 million credit facility (B2/B+); Goldman Sachs; $15 million revolver; $150 million first-lien term loan talked at Libor plus 425 bps to 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; also privately placed $65 million second-lien term loan; refinance existing debt and fund a dividend; Solon, Ohio, provider of real estate enterprise software applications and hosted services.

NATIONAL FINANCIAL PARTNERS CORP.: $120 million add-on term loan talked at Libor plus 425 bps, 1% Libor floor; Deutsche Bank and Bank of America; repay revolver debt and add cash to the balance sheet; New York-based provider of benefits, insurance and wealth management services.

NATIONAL MENTOR HOLDINGS INC.: $660 million senior secured credit facility (B1/B+); Barclays, Goldman Sachs, Jefferies and UBS; $100 million five-year revolver talked at Libor plus 400 bps; $560 million seven-year covenant-light term B talked at Libor plus 400 bps, 1% Libor floor, OID 99 to 991/2, 101 soft call for six months; refinance existing senior secured credit facility; Boston-based provider of home and community-based health and human services.

NEP/NCP HOLDCO INC.: $680 million (including $155 million incremental) senior secured first-lien term B (B2/B) due Jan. 22, 2020 at Libor plus 325 bps, 1% Libor floor, OID 99½ on incremental, 101 soft call for six months; Barclays and Morgan Stanley; help fund acquisition of GTV Holdings Pty Ltd (Global Television) from Catalyst Investment Managers and reprice existing term loan; Pittsburgh-based provider of outsourced teleproduction services critical to the delivery of live sports and entertainment events.

NEWPAGE HOLDINGS INC.: $1.1 billion senior secured credit facility; Credit Suisse, Barclays, UBS and BMO; $750 million seven-year first-lien term loan (B+) talked at Libor plus 750 bps to 775 bps, 1.25% Libor floor, OID 99, call protection 103, 102, 101; $350 million five-year asset-based revolver talked at Libor plus 200 bps, 50 bps unused fee; refinance existing term loan and revolver, and fund a dividend in connection with purchase by Verso Paper Corp.; Miamisburg, Ohio, producer of printing and specialty papers.

NICE-PAK PRODUCTS: $230 million senior secured credit facility; RBC; $60 million five-year asset-based revolver talked with a grid of Libor plus 150 bps to 200 bps based on availability, 37.5 bps unused fee; $170 million six-year term B talked at Libor plus 475 bps to 500 bps, 1% Libor floor, OID 99, 101 soft call; refinance existing debt; Orangeburg, N.Y., manufacturer of wet wipes for baby and health care applications.

NTELOS INC.: Up to roughly $148.1 million add-on term B (B1) talked at Libor plus 475 bps, 1% Libor floor, OID 99 to 991/2; JPMorgan, UBS, Deutsche Bank and Union Bank; refinance existing term A debt; Waynesboro, Va., provider of wireless and wireline communications services.

PHARMEDIUM: $635 million credit facility; JPMorgan (left on first-lien), Credit Suisse (left on second-lien ) and Morgan Stanley; $75 million revolver (B1/B); $360 million seven-year first-lien covenant-light term loan (B1/B) at Libor plus 325 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; $200 million eight-year second-lien covenant-light term loan (Caa2/CCC+) at Libor plus 675 bps, 1% Libor floor, OID 991/2, call protection 102, 101; help fund buyout by Clayton, Dubilier & Rice from Oak Investment Partners and Baird Capital; Lake Forest, Ill., provider of hospital pharmacy-outsourced sterile compounding services.

PHILLIPS PET FOOD & SUPPLIES: $450 million credit facility; Jefferies, Goldman Sachs and BMO; $60 million ABL revolver; $260 million first-lien term loan (B1) talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 991/2; $130 million second-lien term loan (Caa1) talked at Libor plus 750 bps to 775 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund buyout by Thomas H. Lee Partners from AEA Investors; Easton, Pa., distributor of pet food and supplies.

PLY GEM INDUSTRIES INC.: $430 million seven-year first-lien covenant-light term loan (B2/B) at Libor plus 300 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; Credit Suisse; redeem bonds; Cary, N.C., manufacturer of exterior building products.

PSAV PRESENTATION: $505 million covenant-light term B (B1) talked at Libor plus 350 bps to 375 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; Goldman Sachs, Barclays, Morgan Stanley and Macquarie; also $180 million second-lien loan (Caa1) already sold; help fund buyout by Goldman Sachs from Kelso & Co.; Long Beach, Calif., provider of audio visual equipment and event technology support to the hotel, conference and event industry.

PSS COS. INC.: $245 million credit facility (B2/B+); KeyBanc, Goldman Sachs, ING Capital and SMBC; $40 million revolver; $205 million term B talked at Libor plus 475 bps to 500 bps, 1% Libor floor, OID 99; refinance existing debt and help fund acquisition of Industrial Air Tool; Houston-based distributor of mission-critical MRO consumables to the energy sector.

SEASTAR SOLUTIONS: $235 million credit facility (B2/B); RBC and GE Capital; $25 million revolver; $210 million term B at Libor plus 425 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; help fund buyout by American Securities; manufacturer and distributor of marine steering and control systems and engine and drive parts.

SLEEPY'S INTERMEDIATE LLC: Roughly $167 million first-lien term loan due March 30, 2019 talked at Libor plus 400 bps, 1% Libor floor, 101 soft call for six months; Credit Suisse; repricing; Hicksville, N.Y., specialty mattress retailer.

SOPHOS LTD. (SHIELD FINANCE CO. SARL): Expected close Jan. 27 week; roughly $410 million of seven-year covenant-light term loans (B); Deutsche Bank, HSBC and RBC; $310 million term loan at Libor plus 400 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; €75 million term loan at Euribor plus 425 bps, 1% floor, OID 991/2, 101 soft callf or six months; refinance existing term loan and add cash to the balance sheet; IT security and data protection firm that has headquarters in Burlington, Mass., and Oxford, England.

SUPERVALU INC.: Roughly $1.5 billion covenant-light term loan due March 21, 2019 talked at Libor plus 350 bps, 1% Libor floor, OID 99 7/8, 101 soft call for six months; Goldman Sachs; Eden Prairie, Minn., food wholesaler.

SURGERY CENTER HOLDINGS INC.: $70 million add-on second-lien term loan (Caa2) talked at Libor plus 850 bps, 1.25% Libor floor, OID 98½ to 99; JPMorgan and Morgan Stanley; fund a dividend; Chicago-based operator of ambulatory surgery centers.

TCW GROUP: Roughly $350 million term B talked at Libor plus 225 bps, 0.75% Libor floor, OID 99¾ to par, 101 soft call for six months; JPMorgan; refinance existing term B; Los Angeles-based asset management firm that specializes in fixed-income, world equity and alternative markets.

TOWER AUTOMOTIVE HOLDINGS USA LLC: $417 million senior secured term B due April 23, 2020 talked at Libor plus 300 bps to 325 bps, 1% Libor floor, 101 soft call for six months; Citigroup; repricing; Livonia, Mich., supplier of automotive metal structural components and assemblies.

UNITED STATES INFRASTRUCTURE CORP.: $430 million covenant-light term loan talked at Libor plus 300 bps to 325 bps, 1% Libor floor, 101 soft call for six months; Deutsche Bank, RBC and GE Capital; repricing; Indianapolis-based provider of outsourced utility locating services.

UNIVISION COMMUNICATIONS INC.: $3.377 billion term C-4 (B2/B+/B+) at Libor plus 300 bps, 1% Libor floor, 101 soft call for six months; Deutsche Bank, Bank of America, Barclays, Credit Suisse, Wells Fargo, JPMorgan, Natixis and Mizuho; reprice term C-1 and C-2 debt; Los Angeles-based Spanish-language media company.

VAT INC.: $405 million seven-year first-lien covenant-light term loan talked at Libor plus 425 bps, 1% Libor floor, OID 99, 101 soft call for one year; Credit Suisse and UBS; also CHF 30 million five-year revolver; help fund buyout by Capvis and Partners Group; Sennwald, Switzerland, vacuum valves company.

VERINT SYSTEMS INC.: $945 million (including $300 million tack-on) covenant-light term loan (BB-) due Sept. 6, 2019 talked at Libor plus 275 bps, 0.75% Libor floor, OID 99¾ on tack-on, 101 soft call through Sept. 7, 2014; Credit Suisse and Deutsche Bank; help fund acquisition of KANA Software Inc. and reprice existing term loan; Melville, N.Y., provider of actionable intelligence and value-added services.

VISKASE COS. INC.: $275 million seven-year term B (B2/B) talked at Libor plus 325 bps, 1% Libor floor, OID 991/2, 101 soft call; UBS; refinance existing debt; Darien, Ill., producer and seller of cellulosic, fibrous and plastic casings for the processed meat and poultry industry.

VWR FUNDING INC.: Expected close Jan. 29; $587 million senior secured term B (B+) due April 3, 2017 talked at Libor plus 325 bps to 350 bps, 101 soft call for six months; Citigroup and Bank of America; also €573 million senior secured term B (B+) due April 3, 2017 talked at Euribor plus 350 bps to 375 bps, 101 soft call for six months; repricing; Radnor, Pa., provider of laboratory supplies, equipment and services.

WEST CORP.: $2.418 billion of term loans; Wells Fargo and Deutsche Bank; $318 million term B-7 due July 2016 talked at Libor plus 200 bps, 0.75% Libor floor, 101 soft call for six months; $2.1 billion term B-8 due June 2018 talked at Libor plus 250 bps, 0.75% Libor floor, offer price 99¾ to par, 101 soft call for six months; repricing; Omaha-based provider of voice-related communication services.

W.R. GRACE & CO.: $1.55 billion credit facility (Ba2/BBB-); Goldman Sachs, Deutsche Bank, Bank of America and HSBC; $400 million five-year revolver; $700 million seven-year term loan at Libor plus 225 bps, 0.75% Libor floor, OID 993/4; $200 million seven-year euro equivalent term loan at Euribor plus 250 bps, 0.75% floor, OID 993/4; $250 million seven-year final maturity delayed-draw term loan at Libor plus 225 bps, 0.75% Libor floor, OID 993/4; help fund Chapter 11 exit; Columbia, Md., specialty chemicals company.

On The Horizon

AMERICAN PACIFIC CORP.: New debt financing; Jefferies; help fund buyout by H.I.G. Capital LLC; Las Vegas-based custom manufacturer of fine chemicals and specialty chemicals.

ANAREN INC.: $235 million senior secured credit facility; Credit Suisse; $20 million revolver; $145 million first-lien term loan; $70 million second-lien term loan; help fund buyout by Veritas Capital; Syracuse, N.Y.-based designer, developer, manufacturer and seller of highly integrated microwave components, assemblies and subsystems for the wireless communications, satellite communications and defense electronics markets.

ARDEN GROUP INC.: $180 million senior secured credit facility; BMO; $30 million revolver; $150 million term loan; help fund buyout by TPG; Compton, Calif., operator of specialty grocery stores.

AVAGO TECHNOLOGIES LTD.: $5.1 billion credit facility; $500 million revolver; $4.6 billion seven-year term loan; help fund acquisition of LSI Corp.; Singapore-based designer, developer and supplier of analog semiconductor devices.

CEC ENTERTAINMENT INC.: $875 million credit facility; Deutsche Bank, Morgan Stanley, UBS and Credit Suisse; $150 million five-year revolver expected at Libor plus 325 bps, 50 bps unused fee; $725 million seven-year term loan expected at Libor plus 350 bps, 1% Libor floor, 101 soft call for six months; help fund buyout by Apollo Global Management LLC; Irving, Texas, operator of Chuck E. Cheese's family dining and entertainment stores.

CONVERGYS CORP.: $650 million credit facility; Citigroup and Bank of America; $350 million five-year term loan; $300 million revolver; help fund acquisition of Stream Global Services Inc.; Cincinnati-based provider of customer management services.

DEALERTRACK TECHNOLOGIES: $825 million senior secured credit facility; JPMorgan, Bank of America, Barclays and Wells Fargo; $200 million revolver; $625 million seven-year term loan; help fund acquisition of Dealer.com; Lake Success, N.Y., provider of web-based software and services to the automotive industry.

ENGILITY CORP.: $150 million of incremental senior secured credit facility debt due Aug. 9, 2018; Bank of America; $75 million add-on term loan; $75 million add-on revolver; help fund acquisition of Dynamics Research Corp.; Chantilly, Va.-based pure-play government services contractor.

FIELDWOOD ENERGY LLC: New debt financing; Citigroup, JPMorgan, Deutsche Bank, Bank of America and Goldman Sachs; help fund acquisition of SandRidge Energy Inc.'s Gulf of Mexico and Gulf Coast business; Houston-based acquirer and developer of conventional oil and gas assets.

JONES APPAREL: $200 million senior secured credit facility; Wells Fargo and Bank of America leading revolver, Wells Fargo leading term loan; $175 million asset-based revolver; $25 million term loan; help fund buyout by Sycamore Partners; apparel company.

JONES GROUP INC.: $650 million senior secured credit facility; Wells Fargo and Bank of America leading revolver, Morgan Stanley, Jefferies and MCS leading term loan; $250 million asset-based revolver; $400 million term loan; help fund buyout by Sycamore Partners; New York-based designer, marketer and wholesaler of apparel, footwear, jeanswear, jewelry and handbags.

ORTHO-CLINICAL DIAGNOSTICS: New debt financing; Barclays, Goldman Sachs, Credit Suisse, UBS and Nomura; help fund buyout by Carlyle Group from Johnson & Johnson; Raritan, N.J., provider of solutions for screening, diagnosing, monitoring and confirming diseases.

RCS CAPITAL CORP.: $725 million senior secured credit facility; Barclays and Bank of America; $25 million revolver; $550 million first-lien term loan; $150 million second-lien term loan; help fund acquisition of Cetera Financial Group from Lightyear Capital; New York-based holding company that operates and grows businesses focused on the financial services industry.

STUART WEITZMAN: $255 million senior secured credit facility; Wells Fargo leading revolver, Jefferies and MCS leading term loan; help fund buyout by Sycamore Partners; apparel company.

UPPER PENINSULA POWER CO.: New debt financing; Scotia Bank and RBC; help fund buyout by Balfour Beatty Infrastructure Partners LP from Integrys Energy Group Inc.; regulated electric utility business.

VISANT CORP.: $260 million senior secured term loan expected at Libor plus 575 bps, 1% Libor floor, 101 soft call for six months; Credit Suisse; help fund acquisition of American Achievement Group Holding Corp.; Armonk, N.Y., marketing and publishing company.

XPO LOGISTICS INC.: $325 million of senior secured term loans; Credit Suisse; help fund acquisition of Pacer International Inc. and general corporate purposes; Greenwich, Conn., provider of transportation logistics services.


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