Bank Loan Calendar: $36.763 billion deals being marketed

April Bank Meetings

BROCADE: Bank meeting expected April 11 week; $900 million five-year senior secured credit facility (BB+); Wells Fargo, Deutsche Bank and SunTrust; $100 million revolver; $800 million term A; help fund acquisition of Ruckus Wireless Inc.; San Jose, Calif., provider of networking solutions.

NOVOLEX: Conference call April 7; $295 million incremental term loan (B1); Antares Capital and CPPIB; help fund the acquisition of the Heritage Bag Co.; Hartsville, S.C., provider of paper and plastic flexible packaging products.

PROTECTION 1 (PRIME SECURITY SERVICES BORROWER LLC): Bank meeting March 7; $1.81 incremental senior secured credit facility (Ba2/BB-); Barclays, Citigroup, Deutsche Bank and RBC; $255 million five-year revolver; $1.555 billion six-year covenant-light first-lien term loan; help fund buyout of ADT Corp. by Apollo Funds and merger with Protection 1; full-service business and home security company.

Upcoming Closings

AMERICAN RENAL HOLDINGS INC.: $60 million add-on first-lien term loan at Libor plus 350 bps, 1.25% Libor floor, OID 99.5, 101 soft call for six months; Bank of America, Wells Fargo, SunTrust, Barclays and Goldman Sachs; help refinance second-lien term loan; Beverly, Mass., provider of dialysis services.

API TECHNOLOGIES CORP.: $145 million credit facility; BNP Paribas; $30 million revolver; $115 million term loan talked at Libor plus 600 bps, 1% Libor floor, OID 98, 101 soft call for six months; help fund buyout by J. F. Lehman & Co.; Orlando, Fla., provider of high performance RF, microwave, millimeterwave, power and security solutions.

ASSUREDPARTNERS INC.: $110 million incremental first-lien term loan talked at Libor plus 475 bps, 1% Libor floor, OID 98.5; Bank of America, Macquarie, Barclays, RBC and Morgan Stanley; pay down revolver borrowings, fund acquisitions and general corporate purposes; Lake Mary, Fla., provider of property and casualty and employee benefits insurance brokerage services.

ATLANTIC POWER LP (APLP HOLDINGS LP): $910 million senior secured credit facility (Ba3); Goldman Sachs, Bank of America, RBC, MUFG and Wells Fargo; $700 million seven-year term B at Libor plus 500 bps, 1% Libor floor, OID 97, 101 soft call; $210 million five-year revolver; refinance existing bank debt and convertibles, and general corporate purposes; Dedham, Mass., owner and operator of power generation assets.

BLOUNT INTERNATIONAL INC.: $550 million senior secured credit facility (B1/B+); Barclays, KeyBanc and ING; $75 million five-year revolver, $475 million seven-year first-lien term loan at Libor plus 625 bps, 1% Libor floor, OID 97, 101 soft call; help fund acquisition by American Securities LLC and P2 Capital Partners LLC; closing expected in first half of 2016; Portland, Ore.-based manufacturer and marketer of replacement parts, equipment and accessories for consumers and professionals operating in forestry, lawn and garden; farm, ranch and agriculture; and concrete cutting and finishing.

CABLE & WIRELESS COMMUNICATIONS PLC: $1.37 billion credit facility; Bank of America, Goldman Sachs, Scotiabank, BNP Paribas, Citigroup, Credit Suisse, ING and RBC; $440 million seven-year covenant-light term B-1 (Ba2/BB-) at Libor plus 475 bps, 0.75% Libor floor, OID 98, 101 soft call; $360 million seven-year covenant-light term B-2 (Ba2/BB-) at Libor plus 475 bps, 0.75% Libor floor, OID 98, 101 soft call; $570 million revolver; refinance notes and revolvers, and fund a special dividend in connection with acquisition by Liberty Global plc; London-based telecommunications company.

DIEBOLD INC.: Roughly $2.4 billion credit facility (Ba2/BB-); JPMorgan and Credit Suisse; $1 billion seven-year covenant-light B at Libor plus 450 bps, 0.75% floor, OID 99, 101 soft call; €350 million seven-year covenant-light B at Euribor plus 425 bps, 0.75% floor, OID 99, 101 soft call; $230 five-year million term A; $250 million five-year delayed-draw term A; $520 million five-year revolver; help fund acquisition of Wincor Nixdorf AG; North Canton, Ohio, provider of self-service delivery, value-added services and software primarily to the financial industry.

ERT (ERESEARCHTECHNOLOGY INC.): $540 million credit facility (B1/B); Goldman Sachs and Bank of America; $45 million five-year revolver; $495 million seven-year covenant-light first-lien term loan talked at Libor plus 525 bps to 550 bps, 1% Libor floor, OID 98, 101 soft call for six months; help fund buyout by Nordic Capital Fund VIII from Genstar Capital; Philadelphia-based provider of patient data collection solutions for use in clinical drug development.

EVOQUA WATER TECHNOLOGIES (EWT HOLDINGS III CORP.): $185 million tack-on first-lien term loan (B2/B) due Jan. 15, 2021 talked at Libor plus 475 bps to 500 bps, 1% Libor floor, OID 98 to 98.5, 101 soft call; Credit Suisse, Morgan Stanley and RBC; fund acquisition of Neptune Benson; Warrendale, Pa., provider of equipment and services for water treatment.

GLOBAL PAYMENTS INC.: $1.045 billion seven-year covenant-light term B (Ba2/BBB-) at Libor plus 350 bps, step-down to Libor plus 325 bps at 3.25x total leverage, OID 99.5, 101 soft call for six months; Bank of America, MUFG, PNC, TD Securities, SunTrust, Fifth Third and Barclays; help fund acquisition of Heartland Payment Systems Inc.; Atlanta-based provider of payment technology services.

KONECRANES TEREX PLC: $1.6 billion credit facility (Ba2/BB+); Credit Suisse, Citigroup, Commerzbank, Credit Agricole and Nordea Bank; $900 million-equivalent seven-year term loan B (split into $355 million and €500 million tranches) at Libor plus 375 bps, 0.75% floor, OID 98; 101 soft call; $700 million multi-currency revolver; help fund merger of Terex Corp. and Konecranes plc and refinance existing debt; diversified equipment manufacturer and lifting solutions.

MGM GROWTH OPERATING PARTNERSHIP LP: $2.75 billion senior secured credit facility (B1/BB); Bank of America, JPMorgan, Morgan Stanley, Barclays, Citigroup and Deutsche Bank; $600 million five-year revolver expected at Libor plus 275 bps; $300 million five-year term A expected at Libor plus 275 bps; $1.85 billion seven-year covenant-light term B at Libor plus 325 bps, 0.75% Libor floor, OID 99.75, 101 soft call for six months; help repay debt; Las Vegas-based real estate investment trust.

MKS INSTRUMENTS INC.: $850 million senior secured credit facility; Barclays (left on term loan) and Deutsche Bank (left on revolver); $800 million seven-year covenant-light term B (Ba2/BB) talked at Libor plus 450 bps, 0.75% Libor floor, OID 98, 101 soft call for six months; $50 million five-year ABL revolver; help fund acquisition of Newport Corp.; Andover, Mass., provider of instruments, subsystems and process control solutions that measure, control, power, monitor and analyze critical parameters of advanced manufacturing processes.

NAPA MANAGEMENT SERVICES CORP. (NMSC HOLDINGS INC.): $320 million covenant-light term B (B1/B) talked at Libor plus 525 bps to 550 bps, 1% Libor floor, OID 98, 101 soft call for six months; Deutsche Bank, Credit Suisse, RBC and BMO; help fund buyout by American Securities LLC; Melville, N.Y., anesthesia and perioperative management services company.

NETSMART TECHNOLOGIES INC.: $612 million senior secured credit facility; UBS; $50 million five-year revolver talked at Libor plus 525 bps to 550 bps; $395 million seven-year first-lien term loan talked at Libor plus 525 bps to 550 bps, 1% Libor floor, OID 98.5, 101 soft call for six months; $167 million 7.5-year second-lien term loan talked at Libor plus 950 bps, 1% Libor floor, OID 97.5, call protection 103, 101; help fund buyout by GI Partners and Allscripts Healthcare Solutions Inc.; Overland Park, Kan., IT company focused on health and human services.

ON SEMICONDUCTOR CORP.: $2.8 billion credit facility (Ba1/BB); Deutsche Bank, Bank of America, BMO, HSBC and SMBC; $2.2 billion seven-year covenant-light term B at Libor plus 450 bps, 0.75% Libor floor, OID 98.5, 101 soft call; $600 million five-year revolver; help fund acquisition of Fairchild Semiconductor International Inc.; Phoenix-based semiconductor company.

PINNACLE ENTERTAINMENT: Expected close April 28; $350 million seven-year covenant-light term B (Ba2/BB+) talked at Libor plus 350 bps to 375 bps, 0.75% Libor floor, OID 99, 101 soft call for six months; JPMorgan, Bank of America, Goldman Sachs, Fifth Third, U.S. Bank, Credit Agricole, Deutsche Bank and Wells Fargo; refinance existing debt and general corporate purposes; Las Vegas-based owner and operator of gaming entertainment properties.

PRECYSE ACQUISITION CORP.: $700 million credit facility; Barclays, Morgan Stanley, JPMorgan and Jefferies; $50 million five-year revolver (B2/B); $460 million 6.5-year first-lien term loan (B2/B) talked at Libor plus 575 bps to 600 bps, 1% Libor floor, OID 98, 101 soft call for six months; $190 million privately-placed seven-year second-lien term loan (Caa2/CCC); capitalize the merger of the MedAssets Revenue Cycle Management business and Precyse; provider of end-to-end revenue cycle services, technology and education solutions in the healthcare sector.

PREMIERE GLOBAL SERVICES INC.: $600 million credit facility; Barclays, SunTrust and Macquarie; $50 million five-year revolver; $550 million six-year first-lien term loan talked at Libor plus 650 bps, 1% Libor floor, OID 96, 101 soft call; refinance debt that was put in place to fund the buyout of the company by Siris Capital Group LLC in December; Atlanta-based provider of collaboration software and services.

QUORUM HEALTH CORP.: $1.105 billion secured credit facility; Credit Suisse; $100 million five-year revolver (B1/B); $880 million six-year first-lien term loan (B1/B) talked at Libor plus 500 bps to 525 bps, 1% Libor floor, OID 98.5, 101 soft call for six months; $125 million ABL revolver; help fund spin-off from Community Health Systems Inc. and general corporate purposes; Brentwood, Tenn., operator and manager of general acute care hospitals and outpatient services.

SAMSONITE: $2.425 billion senior credit facility (Ba2/BBB-); Morgan Stanley, HSBC, SunTrust, MUFG, Barclays, Citizens Capital, ING, Fifth Third and Bank of China; $500 million five-year revolver talked at Libor plus 275 bps; $1.25 billion five-year term A talked at Libor plus 275 bps; $675 million seven-year term B talked at Libor plus 375 bps to 400 bps, 0.75% Libor floor, OID 99 to 99.5, 101 soft call for six months; help fund acquisition of Tumi Holding Inc. and refinance existing bank debt; Hong Kong-based manufacturer of bags and luggage.

SEARS HOLDINGS CORP.: Expected close April 8; $750 million incremental senior secured ABL term loan (B) due July 20, 2020 at Libor plus 750 bps, 1% Libor floor, OID 97, hard call 102 101; Bank of America and Wells Fargo; pay down asset-based revolver borrowings; Hoffman Estates, Ill., retailer.

SEDGWICK CLAIMS MANAGEMENT SERVICES INC.: $300 million incremental first-lien term loan (B) due February 2021 talked at Libor plus 425 bps, 1% Libor floor, OID 98, 101 soft call for six months; KKR Capital and MCS Capital; help fund a dividend; Memphis, Tenn., provider of technology-enabled claims and productivity management solutions.

SENSUS USA INC.: $700 million credit facility (B2/B); Credit Suisse and Goldman Sachs; $75 million five-year revolver; $625 million seven-year first-lien term loan at Libor plus 550 bps, 1% Libor floor, OID 97, 101 soft call; refinance existing debt; Raleigh, N.C., provider of advanced utility infrastructure systems and metering technologies.

TRUGREEN HOLDINGS INC.: $706 million credit facility (B1/B); JPMorgan, Credit Suisse, ING and Natixis; $146 million revolver; $560 million term B talked at Libor plus 575 bps, 1% Libor floor, OID 98 to 98.5, 101 soft call for six months; also $200 million privately-placed second-lien term loan; help fund merger with Scotts LawnService; Memphis, Tenn., lawn care company.

WESTERN DIGITAL CORP.: $9.875 billion credit facility (Ba1/BBB-/BBB-); JPMorgan, Bank of America, Mizuho, Credit Suisse, MUFG, HSBC, Citigroup, Sumitomo and RBC; $1 billion five-year revolver; $4.125 billion five-year term A; $3.75 billion seven-year term B at Libor plus 550 bps, 0.75% Libor floor, OID 97, 101 soft call; $1 billion euro-equivalent seven-year term B at Euribor plus 525 bps, 0.75% floor, OID 97.5, 101 soft call; help fund acquisition of SanDisk Corp. and refinance existing debt; Irvine, Calif., developer and manufacturer of storage solutions that enable people to create, manage, experience and preserve digital content.

On The Horizon

AMC ENTERTAINMENT HOLDINGS INC.: $325 million incremental senior secured term B due Dec. 15, 2022 expected at Libor plus 325 bps, 0.75% Libor floor, 101 soft call for six months; Citigroup; help fund acquisition of Carmike Cinemas Inc.; Leawood, Kan., movie exhibitor.

CARDCONNECT CORP.: $140 million senior credit facility; $100 million first-lien credit facility committed by BMO; $40 million second-lien secured credit facility committed by Babson Capital; help fund acquisition by FinTech Acquisition Corp.; King of Prussia, Pa., payment processing and technology solutions provider.

CISION: New debt financing; Deutsche Bank, Barclays and RBC; help fund acquisition of PR Newswire from UBM plc; Chicago-based media intelligence company.

COHERENT INC.: $850 million senior secured credit facility; Barclays; $100 million five-year revolver expected at Libor plus 425 bps; $375 million seven-year covenant-light term B expected at Libor plus 475 bps, 1% Libor floor, 101 soft call for six months; $375 million-equivalent euro denominated seven-year covenant-light term B expected at Libor plus 475 bps, 1% Libor floor, 101 soft call for six months; help fund acquisition of Rofin-Sinar Technologies Inc.; Santa Clara, Calif., provider of lasers and laser-based technology for scientific, commercial and industrial customers.

DELL INC.: $20.5 billion credit facility; JPMorgan, Credit Suisse, Bank of America, Barclays, Citigroup, Goldman Sachs, Deutsche Bank and RBC; $3 billion five-year revolver talked at Libor plus 200 bps; $3.5 billion three-year term A-1 talked at Libor plus 200 bps; $3.5 billion five-year term A-2 talked at Libor plus 225 bps; $8 billion seven-year term B, 101 soft call for six months; $2.5 billion 364-day term cash flow facility; help fund acquisition of EMC Corp.; Round Rock, Texas, technology and services company.

DIALOG SEMICONDUCTOR: $2.1 billion seven-year covenant-light term loan (Ba2/BB) expected at Libor plus 325 bps, 0.75% Libor floor; Morgan Stanley; help fund acquisition of Atmel Corp.; London-based provider of highly integrated standard and custom mixed-signal integrated circuits.

DILIGENT CORP.: $290 million senior secured credit facility; Golub Capital; $10 million revolver; $280 million term loan; help buyout by Insight Venture Partners; New York-based provider of secure online collaboration and document sharing solutions for boards and senior executives.

DYNEGY INC./ENERGY CAPITAL PARTNERS JOINT VENTURE: Up to $1.85 billion secured term loan; help fund acquisition of ENGIE’s United States fossil portfolio in connection with formation of joint venture; portfolio consists of 8,731 megawatts of generation capacity located in ERCOT, PJM, and ISO-New England.

FIRSTLIGHT FIBER: New debt financing; TD Securities and Citizens Bank; help fund buyout by Oak Hill Capital Partners from Riverside Partners; Albany, N.Y., fiber-optic bandwidth infrastructure services provider.

FORMFACTOR INC.: $150 million five-year senior secured term loan expected at Libor plus 200 bps; HSBC, MUFG, Comerica Bank and Silicon Valley Bank; help fund acquisition of Cascade Microtech Inc.; Livermore, Calif., provider of wafer test technologies and expertise.

MERCURY SYSTEMS INC.: $275 million senior secured credit facility; Bank of America, Citigroup, KeyBanc and SunTrust; $75 million revolver expected at Libor plus 300 bps; $200 million term A expected at Libor plus 300 bps; help fund acquisition of Microsemi Corp.’s embedded security, RF and Microwave, and custom microelectronics businesses; Chelmsford, Mass., commercial provider of secure processing subsystems.

MTS SYSTEMS CORP.: Up to $490 million in new debt; JPMorgan; help fund acquisition of PCB Group Inc.; Eden Prairie, Minn., supplier of high-performance test systems and position sensors.

NEXEO SOLUTIONS HOLDINGS LLC: $1.205 billion credit facility; Bank of America, Jefferies and Deutsche Bank; $630 million term loan; $575 million ABL revolver; help fund acquisition by WL Ross Holdings Corp.; Houston-based distributor of chemicals and plastics and provider of environmental services.

NEXSTAR BROADCASTING GROUP INC.: $3.295 billion senior secured credit facility; Bank of America, Credit Suisse, Deutsche Bank, SunTrust, Barclays and Wells Fargo; $175 million five-year revolver expected at Libor plus 325 bps; $270 million five-year term A expected at Libor plus 325 bps; $2.85 billion seven-year covenant-light term B expected at Libor plus 425 bps, 1% Libor floor, 101 soft call for six months; also $250 million 18-month senior secured short-term term facility expected at Libor plus 325 bps; help fund acquisition of Media General Inc.; Irving, Texas, diversified media company.

NEW FLYER INDUSTRIES INC.: $825 million four-year senior secured credit facility; Bank of Nova Scotia and BMO; $343 million revolver; $482 million term loan; fund acquisition of Motor Coach Industries International Inc. from KPS Capital Partners LP and refinance existing credit facilities; Winnipeg-based manufacturer of heavy-duty transit buses.

RCCH HEALTH PARTNERS (REGIONALCARE CAPELLA HEALTHCARE): New debt financing; Barclays, RBC, Deutsche Bank, Credit Suisse and UBS; help fund merger of RegionalCare Hospital Partners Inc. and Capella Healthcare Inc.; operator of acute care and specialty hospital facilities.

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