Bank Loan Calendar: $41.3071 billion deals being marketed

November Bank Meetings

BOOZ ALLEN HAMILTON INC.: Lender call Nov. 13; $389 million term B; BofA Securities; refinance existing debt; McLean, Va., provider of management and technology consulting services, and engineering services to governments, corporations and not-for-profit organizations.

PLAYTIKA HOLDING CORP.: Bank meeting Nov. 13; $2.5 billion five-year covenant-lite first-lien term B, 101 soft call for six months; Credit Suisse, Goldman Sachs and UBS; refinance an existing bridge loan; mobile gaming company.

SABERT CORP.: Bank meeting Nov. 13; $717.5 million seven-year term B (B2) talked at Libor plus 400 bps to 425 bps, 1% Libor floor, OID 99, 101 soft call for six months; JPMorgan, Wells Fargo, SunTrust and Nomura; fund the acquisition of LBP Manufacturing LLC and refinance existing debt; Sayreville, N.J., food packaging company.

Upcoming Closings

AIMBRIDGE HOSPITALITY: $425 million add-on covenant-lite term B due February 2026 at Libor plus 375 bps, 25 bps step-down at 5.6x total leverage, 0% Libor floor, OID 99.75, 101 soft call for six months; JPMorgan; help fund merger with Interstate Hotels & Resorts; Dallas-based hotel management firm.

AIR CANADA: $592 million term B talked at Libor plus 175 bps, 0% Libor floor, OID 99.875 to par, 101 soft call for six months; JPMorgan, BofA Securities, Barclays, Citigroup, Credit Suisse, Deutsche Bank, Morgan Stanley and TD Securities; repricing; Montreal-based airline company.

ALIGHT SOLUTIONS: $90 million incremental term B talked at Libor plus 300 bps, 0% Libor floor, OID 99.5 to 99.75; BofA Securities; fund an acquisition; Lincolnshire, Ill., provider of benefits outsourcing services plans.

ALLSUP’S: $525 million first-lien term B (B2/B) talked at Libor plus 550 bps to 575 bps, 1% Libor floor, OID 98, 101 soft call; Goldman Sachs and RBC; help fund acquisition by Yesway, a portfolio company of Brookwood; Clovis, New Mexico, operator of gas stations and convenience stores.

ASGN INC.: $540.3 million covenant-lite term B (Ba1/BBB-) due April 2, 2025 talked at Libor plus 175 bps, 0% Libor floor, 101 soft call for six months; Wells Fargo; repricing; Calabasas, Calif., provider of information technology and professional staffing services.

BLACKSTONE MORTGAGE TRUST INC.: $649 million term B (including $150 million add-on) due April 2026 talked at Libor plus 225 bps, 0% Libor floor, OID 99.75 on add-on, 101 soft call for six months; JPMorgan; repricing and general corporate purposes; New York-based real estate finance company.

BOWLERO CORP.: $105 million add-on term B talked at Libor plus 350 bps, 1% Libor floor, OID 99.25 to 99.5; JPMorgan; general corporate purposes; New York-based operator of bowling centers.

CAMBIUM LEARNING GROUP INC.: $388 million of term loans; RBC, Barclays and BMO; $295 million add-on first-lien term loan talked at Libor plus 450 bps, 0% Libor floor, OID 96, 101 soft call for six months; $93 million fully subscribed add-on second-lien term loan at Libor plus 850 bps, 0% Libor floor; fund acquisition of AIR Assessment; Dallas-based provider of digital instructional materials to preK-12 districts, schools, teachers and parents.

CAMBREX CORP.: $1.26 billion senior secured credit facilities; RBC, Barclays, Societe Generale, UBS and Mizuho; $135 million revolver (B2/B); $875 million seven-year covenant-lite first-lien term loan (B2/B) talked at Libor plus 450 bps to 475 bps, OID 99, 101 soft call; $250 million eight-year covenant-lite second-lien term loan (Caa2/B-) talked at Libor plus 850 bps to 875 bps, OID 98.5, call protection 102, 101; help fund buyout by Permira; East Rutherford, N.J., small molecule company providing drug substance, drug product and analytical services.

CENTURY CASINOS INC.: $180 million senior secured credit facilities (B); Macquarie; $10 million five-year revolver; $170 million seven-year covenant-lite term B talked at Libor plus 500 bps to 525 bps, 0% Libor floor, OID 99, 101 soft call for six months; fund acquisition of the operations of Isle Casino Cape Girardeau, Lady Luck Caruthersville and Mountaineer Casino, Racetrack and Resort from Eldorado Resorts Inc.; Colorado Springs, Colo., casino entertainment company.

DRW HOLDINGS LLC: $300 million seven-year first-lien term loan (B1/BB-) talked at Libor plus 425 bps, 0% Libor floor, OID 99, 101 soft call; Jefferies; general corporate purposes, including the expansion of trading capital; Chicago-based principle trading company.

EPIC Y-GRADE SERVICES LP: $150 million incremental first-lien term loan (B3/B) talked at Libor plus 600 bps, 1% Libor floor, OID 97, 101 hard call; UBS; capital expenditures; transporter of natural gas liquids.

ERESEARCHTECHNOLOGY INC.: $1.85 billion credit facilities; Goldman Sachs, Jefferies, Nomura and BofA Securities; $200 million revolver (B2/B); $1.155 billion seven-year first-lien term B (B2/B) talked at Libor plus 425 bps to 450 bps, 0% Libor floor, OID 99, 101 soft call for six months; $395 million privately placed second-lien term loan; $100 million privately placed delayed-draw second-lien term loan; recapitalization concurrent with an investment by Astorg to acquire a significant stake in the company; Philadelphia-based provider of software-enabled clinical research solutions to pharmaceutical, biopharmaceutical and contract research organizations.

FLY LEASING: $391 million term B (Ba2/BBB-) due Aug. 9, 2025 talked at Libor plus 175 bps, 25 bps extension fee/OID 99.75, 101 soft call for six months; RBC; repricing and extension; Dublin-based aircraft lessor.

FOREST CITY ENTERPRISES LP: $1.241 billion covenant-lite term loan B due December 2025 talked at Libor plus 350 bps, 0% Libor floor, OID 99.5 to 99.75, 101 soft call for six months; BofA Securities; repricing; Cleveland-based real estate company.

GENESEE & WYOMING INC.: $3.15 billion senior secured credit facilities (Ba2/BB+); Credit Suisse, Wells Fargo, RBC, Citigroup, BMO, Scotia, TD Securities, Barclays and MUFG; $600 million revolver; $2.55 billion seven-year covenant-lite first-lien term loan at Libor plus 200 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; help fund buyout by Brookfield Infrastructure and GIC; Darien, Conn., owner of short line railroads.

HCA INC.: $1.148 billion term B-13 due 2026 talked at Libor plus 175 bps, 0% Libor floor, OID 99.75 to par, 101 soft call for six months; BofA Securities, Citigroup, Deutsche Bank, Goldman Sachs and Wells Fargo; extension; Nashville, Tenn., health care services provider.

HELPSYSTEMS: $1.065 billion credit facilities; Jefferies, Golub and Ares; $60 million five-year revolver (B-); $725 million seven-year first-lien term loan (B-) talked at Libor plus 425 bps to 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; $50 million seven-year delayed-draw first-lien term loan (B-) talked at Libor plus 425 bps to 450 bps, 1% Libor floor, OID 99; $230 million privately placed eight-year second-lien term loan; help fund a majority investment by TA Associates and Charlesbank Capital Partners; Eden Prairie, Minn., provider of IT operations management and monitoring, cybersecurity, and business intelligence software.

HIGHTOWER HOLDINGS LLC: $180 million of incremental term loans; Antares; $135 million incremental first-lien term loan talked at Libor plus 500 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $45 million incremental delayed-draw first-lien term loan talked at Libor plus 500 bps, 1% Libor floor, OID 99.5; fund planned acquisitions; Chicago-based provider of a wealth management platform to financial advisors and their clients.

HOUGHTON MIFFLIN HARCOURT PUBLISHERS INC.: Expected closing Nov. 18 week; $330 million five-year senior secured term B (B3/B/BB-) talked at Libor plus 600 bps, 0% Libor floor, OID 97 to 98, 101 soft call; Citigroup, Morgan Stanley, BofA Securities and Wells Fargo; help refinance existing term B; Boston-based provider of K–12 core curriculum, supplemental and intervention solutions and professional learning services.

INTEGER HOLDINGS CORP. (GREATBATCH LTD.): Expected closing Nov. 20; roughly $563.3 million covenant-lite first-lien term B (B1/B+) due Oct. 27, 2022 talked at Libor plus 250 bps, 1% Libor floor, 101 soft call for six months; Credit Suisse; repricing; Plano, Texas, medical device outsourcing manufacturer.

MEDIAOCEAN LLC: $305 million credit facilities (B2/B); Macquarie, BNP Paribas, Golub and Jefferies; $30 million revolver due August 2023; $275 million term B due August 2025 talked at Libor plus 400 bps, OID 99.5, 101 soft call for six months; refinance existing bank debt; New York-based software company for the advertising sector.

NATIONAL SEATING & MOBILITY INC.: $532.5 million credit facilities; Credit Suisse, Golub, Antares, Jefferies and Credit Agricole; $75 million revolver (B2/B); $420 million seven-year covenant-lite first-lien term loan (B2/B) at Libor plus 525 bps, 0% Libor floor, OID 99, 101 soft call for six months; $37.5 million privately placed delayed-draw term loan; help fund buyout by Cinven; Nashville, Tenn., provider of complex rehabilitation mobility and accessibility solutions.

NN INC.: $995 million credit facilities; SunTrust and JPMorgan; $120 million ABL revolver; $875 million seven-year first-lien term loan B (B3/B) talked at Libor plus 500 bps to 525 bps, 0% Libor floor, OID 99; refinance existing debt; Charlotte, N.C., manufacturer and supplier of high precision metal bearing components, industrial plastic and rubber products and precision metal components.

OUTFRONT MEDIA INC.: $600 million seven-year senior secured covenant-lite term B (Ba1/BB+) talked at Libor plus 175 bps to 200 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; Morgan Stanley, Deutsche Bank, JPMorgan, Wells Fargo, Goldman Sachs, BofA Securities, Credit Suisse, MUFG, Sumitomo, Mizuho, BNP Paribas, US Bank, SunTrust and TD Securities; help refinance/amend and extend an existing term B; New York-based outdoor media company.

PACIFIC DENTAL SERVICES LLC: $875 million credit facilities (B2/B-); JPMorgan; $200 million revolver; $675 million seven-year term B talked at Libor plus 450 bps to 475 bps, 0% Libor floor, OID 98.5, 101 soft call for six months; refinance existing debt, fund a dividend to shareholders and general corporate purposes; Irvine, Calif., based provider of management services to affiliate dental practices.

POLYCONCEPT: $183 million incremental first-lien term loan due August 2023 talked at Libor plus 425 bps to 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; Goldman Sachs, KKR and RBC; fund mergers and acquisitions; New Kensington, Pa., supplier of promotional products.

RESTAURANT BRANDS INTERNATIONAL INC.: $4.57 billion term B (Ba2/BB+) talked at Libor plus 175 bps, 0% Libor floor, OID 99.5 to 99.75, 101 soft call for six months; JPMorgan; refinance existing debt; Oakville, Ont., quick service restaurant company.

REXNORD LLC: $725 million covenant-lite first-lien term loan (Ba1/BBB-) due August 2024 talked at Libor plus 175 bps, 0% Libor floor, 101 soft call for six months; Credit Suisse; repricing; Milwaukee-based multi-platform industrial company.

SBA COMMUNICATIONS CORP.: $2.37 billion term B due April 2025 talked at Libor plus 175 bps, 0% Libor floor, 101 soft call for six months; TD Securities; repricing; Boca Raton, Fla., owner and operator of wireless communications infrastructure.

SOTERA HEALTH HOLDINGS LLC: $3.2625 billion credit facilities; Jefferies, JPMorgan, Barclays, RBC and ING; $172.5 million five-year revolver; $2.12 billion seven-year first-lien term loan (B2/B) talked at Libor plus 400 bps to 425 bps, 0% Libor floor, OID 99, 101 soft call for six months; $150 million delayed-draw seven-year first-lien term loan (B2/B) talked at Libor plus 400 bps to 425 bps, 0% Libor floor, OID 99; $770 million privately placed second-lien term loan; $50 million privately placed delayed-draw second-lien term loan; refinance existing capital structure and fund a distribution to shareholders; Broadview Heights, Ohio, provider of mission-critical health sciences, lab services and sterilization solutions for the health care industry.

STV GROUP: $280 million credit facilities; Macquarie, BNP Paribas, BMO and Carlyle; $55 million five-year revolver; $225 million seven-year first-lien term B talked at Libor plus 450 bps, OID 99, 101 soft call for six months; help fund recapitalization by the Tom Pritzker Family Business Interests advised by TPO; engineering, architectural, program/construction management, planning and environmental professional services firm with headquarters in New York and Douglassville, Pa.

SYNCSORT: $837 million of bank debt; Jefferies, Credit Suisse, Golub, Antares, Barclays, Deutsche Bank, SunTrust and UBS; $125 million revolver due Aug. 16, 2022; $612 million incremental first-lien term loan (B2) due Aug. 16, 2024 at Libor plus 600 bps, 1% Libor floor, OID 92; $100 million privately placed incremental second-lien term loan (Caa2) due Aug. 15, 2025; help fund acquisition of Pitney Bowes’ software solutions business; Pearl River, N.Y., enterprise software provider.

TERRAPURE ENVIRONMENTAL (TERRA BIDCO BC LTD.): C$715 million U.S. dollar equivalent senior secured credit facilities; Jefferies, Deutsche Bank, Barclays and Credit Suisse; C$60 million U.S. dollar equivalent five-year revolver (B); C$580 million U.S. dollar equivalent seven-year first-lien term loan (B) talked at Libor plus 500 bps, 0% Libor floor, OID 99, 101 soft call for six months; C$75 million U.S. dollar equivalent privately placed eight-year second-lien term loan; help fund buyout by Pamplona Capital Management; Burlington, Ont., provider of environmental and industrial waste management services.

TICKETEK: $385 million U.S. dollar equivalent term loans; Goldman Sachs, Barclays, Credit Suisse, Jefferies, KKR, Macquarie, UBS and Societe Generale; $285 million U.S. dollar equivalent seven-year senior secured first-lien term B talked at Libor plus 425 bps, 25 bps step-down upon 0.5x net first-lien deleveraging, 0% Libor floor, OID 99, 101 soft call for six months; $100 million U.S. dollar equivalent privately placed second-lien term loan; help fund buyout by Silver Lake Partners from Affinity Equity Partners; Sydney, Australia, provider of ticketing, promotions, venue operations and data analytics marketing solutions to the live entertainment industry.

TRANSUNION LLC: $2.6 billion seven-year covenant-lite term B-5 (BB+) at Libor plus 175 bps, 101 soft call for six months; Deutsche Bank; repay existing term B-3 and B-4 debt; Chicago-based provider of risk and information solutions to businesses and consumers.

TRC COS. INC.: $215 million incremental first-lien term loan talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 99.5; UBS, Barclays, Citizens and Macquarie; fund an acquisition; Lowell, Mass., engineering, environmental consulting and construction management firm.

UNIVAR INC.: $400 million seven-year first-lien term B-5 (Ba3//BB+) talked at Libor plus 225 bps to 250 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Goldman Sachs, BofA Securities, Deutsche Bank, Wells Fargo, JPMorgan, Morgan Stanley, Citigroup, US Bank, HSBC and BMO; refinance an existing euro term loan; Downers Grove, Ill., chemical and ingredients distributor and provider of value-added services.

USI INC.: $550 million seven-year incremental term B (B) talked at Libor plus 400 bps, 0% Libor floor, OID 99, 101 soft call for six months; BofA Securities, KKR, Barclays, Citigroup, Macquarie and Morgan Stanley; repay revolver borrowings and preferred stock; Valhalla, N.Y., insurance brokerage and consulting firm.

VISION INTEGRATED GRAPHICS GROUP: $95 million of incremental bank debt; BNP Paribas; $5 million incremental revolver; $90 million incremental first-lien term loan talked at Libor plus 625 bps, 1% Libor floor, OID 99; help fund an acquisition; Bolingbrook, Ill., provider of tech-enabled marketing solutions.

VISTRA ENERGY: $2.798 billion covenant-lite first-lien term B-3 (BBB-/BBB-) due December 2025 talked at Libor plus 175 bps, 0% Libor floor, OID 99.875 to par, 101 soft call for six months; Credit Suisse, Barclays, BMO, BNP Paribas, Citigroup, Credit Agricole, Deutsche Bank, Goldman Sachs, JPMorgan, Mizuho, Morgan Stanley, MUFG, Natixis, RBC and SunTrust; reprice term B-3 and help repay term B-1; Dallas-based power generator and retail electric provider.

On The Horizon

ANIXTER INTERNATIONAL INC.: New debt financing; BofA Securities, JPMorgan, Deutsche Bank and Credit Suisse; help fund buyout by Clayton, Dubilier & Rice; Glenview, Ill., distributor of network & security solutions, electrical & electronic solutions and utility power solutions.

ATLAS TECHNICAL CONSULTANTS INC. (BOXWOOD MERGER CORP.): Up to $400 million senior secured credit facilities; Macquarie and Natixis; $40 million five-year revolver expected at Libor plus 425 bps, 1% Libor floor; $290 million seven-year covenant-lite first-lien term loan expected at Libor plus 425 bps, 1% Libor floor, 101 soft call for six months; $70 million eight-year covenant-lite second-lien term loan expected at Libor plus 825 bps, 1% Libor floor, call protection 102, 101; help fund acquisition of Atlas Intermediate Holdings LLC; Austin, Tex., provider of professional testing, inspection, engineering and consulting services.

DIVERSIFIED RESTAURANT HOLDINGS INC.: New debt financing; help fund buyout by ICV Partners LLC; Troy, Mich.-based franchisee for Buffalo Wild Wings sports bars.

ELANCO ANIMAL HEALTH INC.: $3.75 billion credit facilities; Goldman Sachs; $750 million revolver; $3 billion of term loans; help fund acquisition of Bayer AG’s animal health business; Greenfield, Ind., animal health company.

ELDORADO RESORTS INC./CAESARS ENTERTAINMENT CORP.: $6.4 billion credit facilities; JPMorgan (left on Eldorado), Credit Suisse (left on Caesars), Macquarie, BofA Securities, Deutsche Bank, Goldman Sachs, SunTrust, U.S. Bank, KeyBanc, Fifth Third and Citizens; $1 billion revolver at Eldorado expected at Libor plus 325 bps, 0% Libor floor; $3 billion seven-year covenant-lite term B at Eldorado expected at Libor plus 350 bps, 0% Libor floor, 101 soft call for six months; $2.4 billion seven-year covenant-lite term B at Caesars Resorts Collection expected at Libor plus 325 bps, 0% Libor floor, 101 soft call for six months; help fund acquisition of Caesars; Reno, Nev., gaming company.

FRANCHISE GROUP INC.: New debt financing; help fund acquisition of Vitamin Shoppe Inc.; Virginia Beach, Va., indirect parent company of Liberty Tax Service and Buddy’s Home Furnishings.

INNOPHOS HOLDINGS INC.: New debt financing; help fund buyout by One Rock Capital Partners LLC; Cranbury, N.J., producer of essential ingredients.

MAGICLAB: New debt financing; Citigroup; help fund buyout by Blackstone; builder and operator of dating and social networking apps.

MANAGEMENT SERVICES: $1.55 billion credit facilities; JPMorgan and RBC; $200 million revolver; $1.35 billion of term loans; help fund buyout by Lindsay Goldberg and American Securities LLC from Aecom; Germantown, Md., provider of classified and unclassified services to the U.S. federal government and allied governments.

NORTHWEST FIBER LLC: New debt financing; help fund acquisition of Frontier Communications Corp.’s operations and associated assets in Washington, Oregon, Idaho and Montana by WaveDivision Capital LLC and Searchlight Capital Partners LLC.

PATTERN ENERGY GROUP INC.: New debt financing; BMO, Citigroup and RBC; help fund buyout by Canada Pension Plan Investment Board; San Francisco-based power company.

PIXELLE SPECIALTY SOLUTIONS LLC: New debt financing; Credit Suisse and Citizens; help fund acquisition of specialty paper mills in Jay, Maine and Stevens Point, Wis. from Verso Corp.; manufacturer of specialty paper products.

PRESIDIO INC.: $1.375 billion senior secured credit facilities; Citigroup, JPMorgan, RBC, BofA Securities and MUFG; $100 million revolver; $250 million asset-based facility; $1.025 billion first-lien term loan; help fund buyout by BC Partners; New York-based IT solutions provider.

SIRVA INC.: New debt financing; Barclays, Deutsche Bank and BofA Securities; help fund acquisition of relocation assets of Cartus from Realogy Holdings Corp.; Oakbrook Terrace, Ill., relocation and moving company.

SOPHOS: $2.075 billion senior secured credit facilities; Goldman Sachs; $125 million five-year multi-currency revolver expected at Libor plus 425 bps, 0% Libor floor; $1.43 billion seven-year covenant-lite first-lien term loan expected at Libor plus 425 bps, 25 bps step-down based on first-lien net leverage, 0% Libor floor, 101 soft call for six months; $520 million eight-year covenant-lite second-lien term loan expected at Libor plus 825 bps, 0% Libor floor, call protection 102, 101; help fund buyout by Thoma Bravo; Oxford, U.K., provider of cybersecurity.

T-MOBILE USA INC.: $8 billion senior secured credit facilities; Barclays, Credit Suisse, Deutsche Bank, Goldman Sachs, Morgan Stanley, RBC, BNP Paribas, Commerzbank, Credit Agricole, TD Securities and Wells Fargo; $4 billion five-year revolver expected at Libor plus 125 bps, 0% Libor floor; $4 billion seven-year covenant-lite term loan expected at Libor plus 175 bps, 0% Libor floor, 101 soft call for six months; refinance existing debt in connection with merger with Sprint Corp. and fund working capital needs; Bellevue, Wash., communications services company.

ZAYO GROUP HOLDINGS INC.: $6.74 billion senior secured credit facilities; Credit Suisse, Morgan Stanley, Citigroup, Deutsche Bank, SunTrust and TD Securities; $500 million multi-currency revolver; $6.24 billion of term loans; help fund buyout by Digital Colony Partners and the EQT Infrastructure IV fund and refinance existing debt; Boulder, Colo., provider of mission-critical bandwidth to companies.

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