Bank Loan Calendar: $28.635 billion deals being marketed

Upcoming Closings

ALLIED UNIVERSAL HOLDCO LLC: $1 billion incremental first-lien term loan due May 2028 at Libor plus 375 bps, 0.5% Libor floor, OID 99.5; Credit Suisse; repay revolver and ABL borrowings, and add cash to the balance sheet; Santa Ana, Calif., provider of security services.

AMERICAN PHYSICIAN PARTNERS LLC: $520 million seven-year covenant-lite first-lien term B (B3/B-) talked at SOFR +CSA plus 625 bps, 50 bps step-down at 4x total net leverage, CSA is 10 bps one-month rate, 15 bps three-month rate and 25 bps six-month rate, 0.75% floor, OID 96 to 97, non-call one, 102, 101; Deutsche Bank, Regions and Nomura; refinance existing debt and finance acquisitions under letters of intent; Brentwood, Tenn., emergency department management platform.

ARCIS GOLF LLC: $300 million seven-year covenant-lite term B (B2/BB-) at Libor plus 425 bps, 25 bps IPO-based step-down, 0.5% Libor floor, OID 99, 101 soft call for six months; Deutsche Bank, JPMorgan and Wells Fargo; refinance existing debt; Dallas-based owner and operator of golf private and daily fee clubs.

BAYMARK HEALTH SERVICES: $350 million of term loans; Capital One; $275 million first-lien delayed-draw term loan talked at Libor plus 500 bps, 1% Libor floor, OID 99; $75 million second-lien delayed-draw term loan talked at Libor plus 850 bps, 1% Libor floor, OID 98.5; fund acquisitions; Lewisville, Tex., provider of medication-assisted treatment to patients in recovery from substance use disorder.

BRIGHT HORIZONS FAMILY SOLUTIONS INC.: $1 billion of term loans (B1/BB-); BofA Securities, JPMorgan and Citizens; $400 million term A; $600 million seven-year term B at Libor plus 225 bps, 0.5% Libor floor, OID 99.75, 101 soft call for six months; refinance existing term B; Newton, Mass., provider of early education and child care, back-up care and workforce education services.

CLAROS MORTGAGE TRUST INC.: $763 million term loan due August 2026 at SOFR+CSA plus 450 bps, CSA is 10 bps one-month rate, 15 bps three-month rate and 25 bps six-month rate; 0.5% SOFR+CSA floor, OID 99.5, 101 soft call for six months; JPMorgan; repricing; commercial mortgage real estate investment trust with a focus on lending on large scale, transitional assets.

CM GROUP (CMFPL AUS AND FINCO US): $635 million credit facilities; Jefferies, CIBC, Fifth Third and Golub; $45 million five-year revolver; $590 million seven-year first-lien term loan (B2/B) talked at Libor plus 500 bps to 525 bps, 0.75% Libor floor, OID 98.5, 101 soft call for six months; fund the combination of CM Group with Cheetah Digital and refinance debt; Nashville, Tenn.-based owner of marketing technology brands.

COLUMBUS MCKINNON CORP.: $75 million add-on term loan due 2028 at Libor plus 275 bps, 0.5% Libor floor, OID 99.875; JPMorgan; fund acquisition of Garvey Corp.; Getzville, N.Y., designer, manufacturer and marketer of intelligent motion solutions for material handling.

COMPASSUS LLC: $542 million term B talked at Libor plus 375 bps to 400 bps, 0.5% Libor floor, issue price par, 101 soft call for six months; BofA Securities; repricing; Nashville-based post-acute care company.

CONSILIO (GI CONSILIO PARENT LLC): $370 million incremental first-lien term loan due May 2028 talked at Libor plus 400 bps, 0.5% Libor floor, OID 99 to 99.25, 101 soft call for six months; Credit Suisse; fund a tuck-in acquisition; Washington, D.C.-based provider of eDiscovery and document review solutions.

DAVIS-STANDARD: $285 million seven-year covenant-lite first-lien term B (B2/B) talked at Libor plus 500 bps to 525 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; BMO and Stifel; help fund buyout by Gamut Capital; designer, developer and distributor of extrusion and converting technology.

DIGI INTERNATIONAL: $350 million term B (B2/B) due 2028 talked at Libor plus 400 bps to 425 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; BMO; fund recently completed acquisition of Ventus Holdings and repay debt; Hopkins, Minn., provider of internet of things connectivity products and services.

DOTDASH MEREDITH INC.: $1 billion seven-year term B (B1/BB-) talked at SOFR+CSA plus 350 bps to 375 bps, 25 bps step-down at 0.5x inside closing first-lien net leverage, CSA is 10 bps one-month rate, 15 bps three-month rate and 25 bps six-month rate, 0.5% floor, OID 99.5, 101 soft call for six months; JPMorgan, BofA Securities, BNP Paribas and Truist; help fund acquisition of Meredith Corp.’s National Media Group operating division by IAC/InterActiveCorp’s Dotdash; media company.

EVERCOMMERCE INC.: $200 million add-on term loan (B1) due 2028 at Libor plus 325 bps, 0.5% Libor floor, OID 99.75; KKR and RBC; repay revolver borrowings and add cash to the balance sheet; Denver-based service commerce platform.

EVERSANA (LSCS HOLDINGS INC.): $1.07 billion credit facilities; Jefferies, KeyBank and RBC; $90 million five-year revolver; $690 million seven-year first-lien term loan (B2/B-) talked at Libor plus 450 bps to 475 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; $290 million eight-year second-lien term loan (Caa2/CCC) talked at Libor plus 775 bps to 800 bps, 0.5% Libor floor, OID 98.5, hard call 102, 101; fund acquisition of Intouch Group; provider of global services to the life sciences industry.

FLYNN RESTAURANT GROUP: $1.05 billion seven-year first-lien term loan (B2/B) talked at Libor plus 400 bps to 425 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; BofA Securities; amend and extend an existing first-lien term loan, and repay an existing second-lien term loan, some preferred equity and credit facilities issued at Apple American; San Francisco-based restaurant franchisee operator.

GARDA WORLD SECURITY CORP.: $350 million add-on term loan due October 2026 talked at Libor plus 425 bps, 0% Libor floor, OID 99.75 to par; JPMorgan; general corporate purposes; Montreal-based provider of cash logistics and security solutions.

GOLDEN WEST PACKAGING GROUP LLC: $290 million six-year covenant-lite first-lien term loan (B2/B-) talked at Libor plus 500 bps, 0.75% Libor floor, OID 99.5, 101 soft call for six months; Citizens; refinance existing debt and fund a tuck-in acquisition; City of Industry, Calif., provider of corrugated and specialty packaging solutions.

GREENWASTE RECOVERY: Expected closing late-November/mid-December; $500 million credit facilities (B2/B+); Truist, RBC, Fifth Third and MUFG; $100 million five-year revolver; $400 million seven-year covenant-lite term B at Libor plus 325 bps, 0.5% Libor floor, OID 99.5, 101 soft call for six months; help fund acquisition by MIP V; San Jose, Calif., provider of solid waste collection and recycling solutions.

HARD ROCK NORTHERN INDIANA (SPECTACLE GARY HOLDINGS LLC): $415 million seven-year covenant-lite term B (B3/B/B+) at Libor plus 425 bps, 0.75% Libor floor, OID 99, 101 soft call for one year; Wells Fargo; refinance existing debt; gaming facility and entertainment complex located in Gary, Indiana.

HUB INTERNATIONAL LTD.: Expected closing Nov. 30; $1.75 billion senior secured add-on covenant-lite term loan B due April 25, 2025 at Libor plus 325 bps, 0.75% Libor floor, OID 99.75, 101 soft call for six months; Morgan Stanley, BofA Securities, JPMorgan, Barclays, Goldman Sachs, Credit Suisse, Macquarie, Nomura and BMO; help fund a distribution to shareholders and expected fourth quarter acquisitions; Chicago-based insurance brokerage.

INTERNET BRANDS: $1 billion incremental covenant-lite first-lien term loan (B2/B) due September 2024 at Libor plus 375 bps, 1% Libor floor, OID 99.75, 101 soft call for six months; Credit Suisse, KKR, RBC, Macquarie and Mizuho; fund a shareholder distribution; El Segundo, Calif., provider of SaaS and traffic driven marketplace/media offering across health, legal and media verticals.

IVANTI SOFTWARE INC.: Expected closing Dec. 1; roughly $2.471 billion credit facilities; Morgan Stanley (left on first-lien), BofA Securities (left on second-lien), UBS, BMO, Antares and Goldman Sachs; $175 million revolver; roughly $1.751 billion senior secured covenant-lite first-lien term B due Dec. 1, 2027 at Libor plus 425 bps, 0.75% Libor floor, OID 99.75, 101 soft call for six months; $545 million second-lien term loan at Libor plus 725 bps, 0.5% Libor floor, OID 99.5, hard call 102, 101; repricing; South Jordan, Utah, company that automates IT and security operations.

KESTRA FINANCIAL INC. (KESTRA ADVISOR SERVICES HOLDINGS A INC.): $145 million add-on first-lien term loan (B-) talked at Libor plus 425 bps, 0% Libor floor, OID 99 to 99.25; UBS; dividend recapitalization, fund acquisitions and add cash to the balance sheet; Austin, Tex., provider of an advisor platform to financial professionals.

LUCID ENERGY GROUP II BORROWER LLC: $1.65 billion credit facilities; Jefferies, Goldman Sachs and JPMorgan; $1.5 billion seven-year senior secured first-lien term loan (B2/B) talked at Libor plus 400 bps to 425 bps, 0.75% Libor floor, OID 99 to 99.5, 101 soft call for six months; $150 million five-year super priority senior secured revolver; refinance existing debt and fund a distribution; Dallas-based natural gas gathering and processing company.

LUIHN VANTEDGE PARTNERS LLC: $345 million of term loans; Citizens; $280 million seven-year covenant-lite first-lien term loan talked at Libor plus 450 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; $65 million eight-year covenant-lite second-lien term loan talked at Libor plus 750 bps, 0.5% Libor floor, OID 98.5, call protection 102, 101; fund an acquisition and refinance existing debt; Morrisville, N.C., owner and operator of restaurants.

MERIDIAN ADHESIVES GROUP INC.: $100 million add-on term loan due 2028 talked at Libor plus 400 bps, 0.75% Libor floor, OID 99 to 99.5, 101 soft call for six months; JPMorgan, Jefferies and RBC; fund acquisitions and general corporate purposes; manufacturer of high-value adhesive technologies.

NIELSENIQ: $834 million term B (B1/B/BB) due March 2028 at Libor plus 375 bps, 0% Libor floor, issue price par, 101 soft call for six months; BofA Securities (left on U.S.), UBS (left on euro) and BMO; also €250 million add-on term B (B1/B/BB) at Euribor plus 375 bps, 0% floor, issue price par, 101 soft call for six months; repricing of €543 million term B (B1/B/BB) due March 2028 at Euribor plus 375 bps, 0% floor, issue price par, 101 soft call for six months; repricing, repay revolver borrowings and add cash to the balance sheet; Chicago-based provider of actionable information to consumer packaged goods manufacturers and retailers.

NTHRIVE INC.: $1.725 billion of term loans; JPMorgan (left on first-lien), Deutsche Bank (left on second-lien), Golub, Barclays, BMO, Credit Suisse and Jefferies; $1.265 billion seven-year first-lien term loan (B2/B/B+) at Libor plus 400 bps, 25 bps step-down at 0.5x inside closing date first-lien leverage and 25 bps step-down upon an IPO, 0.5% Libor floor, OID 99.5, 101 soft call for six months; $460 million eight-year second-lien term loan (Caa2/CCC/CCC) at Libor plus 675 bps, 0.5% Libor floor, OID 98.5, call protection 102, 101; help fund acquisition of TransUnion Healthcare Inc. from TransUnion; healthcare revenue cycle management software-as-a-service platform.

ONEDIGITAL: $1.575 billion term loan (including $175 million add-on and $125 million delayed-draw) (B3) due 2027 talked at SOFR+CSA plus 375 bps to 400 bps, CSA is 10 bps one-month rate, 15 bps three-month rate and 25 bps six-month rate, 0.5% floor, OID 99.75, 101 soft call for six months; JPMorgan; place cash on the balance sheet, for acquisitions and capital expenditures, and repricing; Atlanta-based provider of employee benefits insurance brokerage and retirement consulting services.

PETVET CARE CENTERS LLC: $750 million of term loans; Jefferies (left on first-lien) and KKR (left on second-lien); $600 million incremental first-lien term loan B-3 (B2/B) due February 2025 at Libor plus 350 bps, 0.75% Libor floor, OID 99.75; $150 million incremental second-lien term loan (Caa2/CCC+) due February 2026 at Libor plus 625 bps, 0% Libor floor, issue price par; fund acquisition pipeline; Westport, Conn., operator of general practice and specialty veterinary hospitals for companion animals.

PROAMPAC: $245 million incremental first-lien term loan due October 2025 at Libor plus 375 bps, 0.75% Libor floor, OID 99.5; Antares; repay revolver and add cash to the balance sheet; Cincinnati-based manufacturer of flexible packaging and material science solutions.

SAVERS INC.: $225 million incremental term loan due 2028 talked at Libor plus 550 bps, 0.75% Libor floor, issue price par; KKR, Jefferies and Credit Suisse; acquisition financing; Bellevue, Wash., thrift store chain.

SNAP ONE HOLDINGS CORP.: $465 million senior secured first-lien term B (B) talked at Libor plus 400 bps, 25 bps step-down at 3.25x first-lien net leverage, 0.5% Libor floor, OID 99 to 99.5, 101 soft call for six months; Morgan Stanley, JPMorgan, Jefferies, UBS, BofA Securities, BMO, Raymond James and Truist; refinance existing debt; Charlotte, N.C., provider of a suite of products, services and software to professional do-it-for-me integrators.

SOLIANT HEALTH: $180 million add-on term loan (B+) due 2028 at Libor plus 425 bps, 0.75% Libor floor, OID 99.75, 101 soft call for six months; JPMorgan; fund a dividend; Atlanta-based provider of health care jobs and staffing services.

SOLMAX: $100 million incremental first-lien term loan due July 23, 2028 talked at Libor plus 475 bps, 0.75% Libor floor, OID 99 to 99.5; Barclays and TD Securities; fund the acquisition of Propex; Quebec-based producer of geosynthetics products for industrial and environmental applications.

SYNAPTICS INC.: Expected closing early December; $600 million seven-year first-lien term loan (Ba1/BB-) at Libor plus 225 bps, 25 bps step-down at 1x inside of opening total gross leverage, 0.5% Libor floor, OID 99.75, 101 soft call for six months; Barclays, Wells Fargo, MUFG and BMO; fund acquisition of DSP Group Inc.; San Jose, Calif., provider of high performance IoT and PC semiconductor solutions.

TANK HOLDING CORP.: Expected closing Dec. 7; $1.685 billion unitranche facility talked at Libor plus 575 bps, 0.75% Libor floor, OID 99, hard call 102, 101; Antares Capital; refinance existing credit facilities and pay a dividend; Lincoln, Neb., manufacturer of proprietary rotational molded polyethylene and steel storage tanks and containers.

TRC COS. INC.: $970 million of term loans; UBS; $635 million first-lien term loan (B2/B) at Libor plus 375 bps, 0.5% Libor floor, OID 99.5, 101 soft call for six months; $95 million privately placed first-lien delayed-draw term loan; $210 million second-lien term loan (Caa2/CCC+) at Libor plus 675 bps, 0.5% Libor floor, OID 99, hard call 102, 101; $30 million privately placed second-lien delayed-draw term loan; help fund buyout by Warburg Pincus from New Mountain Capital; Windsor, Conn., engineering, environmental consulting and construction management firm.

VERRA MOBILITY CORP.: $250 million add-on covenant-lite term B due March 26, 2028 at Libor plus 325 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; BofA Securities; help fund acquisition of T2 Systems from Thoma Bravo; Mesa, Ariz., provider of smart mobility technology solutions.

VICTORY CAPITAL HOLDINGS INC.: $505 million seven-year senior secured incremental first-lien term B (Ba2/BB-) at Libor plus 225 bps, 0.5% Libor floor, OID 99.5, 101 soft call for six months; BofA Securities and RBC; fund acquisition of WestEnd Advisors LLC; San Antonio, Tex., global asset management firm.

On The Horizon

AMENTUM HOLDINGS LLC: New debt financing; help fund acquisition of PAE Inc.; Germantown, Md., technical and engineering services partner.

ARISTOCRAT LEISURE LTD.: $2.05 billion term B; UBS and Goldman Sachs; help fund acquisition of Playtech; North Ryde, Australia, provider of gaming solutions.

AUTHENTIC BRANDS GROUP: New debt financing; BofA Securities and Goldman Sachs; fund acquisition of Reebok from adidas; New York-based acquirer and manager of consumer brands in the fashion, sports and celebrity/entertainment sectors.

BETTCHER INDUSTRIES: New debt financing; UBS, KKR, RBC and Jefferies; help fund buyout by KKR from MPE Partners; Birmingham, Ohio, manufacturer and supplier of food processing equipment and associated aftermarket parts and consumables.

BROOKFIELD BUSINESS PARTNERS LP: New debt financing; Barclays, Deutsche Bank, BNP Paribas, Credit Agricole, Macquarie and RBC; help fund acquisition of Scientific Games Corp.’s lottery services and technology business; business services and industrials company.

CELESTICA INC.: Roughly $210 million term loan; help repay revolver borrowings used for the acquisition of PCI Ltd. from Platinum Equity; Toronto-based provider of design, manufacturing and supply chain solutions.

CYRUSONE INC.: New debt financing; KKR; help fund buyout by KKR and Global Infrastructure Partners; Dallas-based data center REIT.

DIASORIN SPA: $1.1 billion term loan due 2026; Citigroup, BNP Paribas, Mediobanca and UniCredit; help fund acquisition of Luminex Corp.; Italy-based developer, producer and marketer of reagent kits used by diagnostic laboratories.

DIGITAL ROOM: $530 million senior secured credit facilities; UBS; $50 million revolver; $340 million first-lien term loan; $140 million second-lien term loan; help fund buyout by Sycamore Partners; Sherman Oaks, Calif., provider of customized marketing solutions to businesses.

ENPRO INDUSTRIES INC.: $265 million incremental term loan; help fund acquisition of NxEdge Inc. from Trive Capital; Charlotte, N.C., industrial technology company.

FIRSTCASH INC.: New debt financing; help fund acquisition of American First Finance Inc.; Fort Worth, Tex., based operator of retail pawn stores.

GLOBAL MOBILITY TAX AND IMMIGRATION SERVICES: New debt financing; Deutsche Bank, JPMorgan, UBS, BMO, BNP Paribas, Mizuho, RBC and Societe Generale; help fund buyout by Clayton, Dubilier & Rice from PwC; provider of compliance, consulting and technology services for employers and their mobile employees.

HEXION COATINGS AND COMPOSITES (US) INC. (HCC): New debt financing; help fund separation into an independent company from Hexion Holdings Corp.; supplier of epoxy resins and systems.

ICU MEDICAL INC: $2 billion credit facilities; Wells Fargo and Barclays; $300 million revolver; $850 million term A; $850 million term B; help fund acquisition of Smith Group plc’s global medical device business; San Clemente, Calif., manufacturer of medical devices.

II-VI INC.: $4 billion senior secured credit facilities; JPMorgan; $350 million revolver; $850 million term A; $2.8 billion term B; help fund acquisition of Coherent Inc.; Saxonburg, Pa., manufacturer of engineered materials and optoelectronic components.

LIFEPOINT HEALTH: New debt financing; Barclays, Citigroup and RBC; help fund acquisition of Kindred Healthcare; Brentwood, Tenn., health care company.

MCAFEE CORP.: $7.66 billion credit facilities; JPMorgan, BofA Securities, Credit Suisse, Barclays, Citigroup, HSBC, RBC, CPPIB Credit Investments, UBS and PSP Investments; $1 billion revolver; $6.66 billion first-lien term loan; help fund buyout by investor group led by Advent International Corp., Permira Advisers LLC, Crosspoint Capital Partners, Canada Pension Plan Investment Board, GIC Private Ltd. and Abu Dhabi Investment Authority; San Jose, Calif., provider of online protection for consumers.

NORTONLIFELOCK: $9.35 billion senior secured credit facilities; BofA Securities, Wells Fargo, Scotia, Mizuho, Truist, MUFG, BNP Paribas and BMO on term B; BofA Securities, Wells Fargo, JPMorgan, Scotia, Mizuho, Truist, MUFG, BNP Paribas and BMO on term A; $1.5 billion five-year revolver; $750 million 60-day term A; $3.5 billion five-year term A; $3.6 billion seven-year covenant-lite term B expected at Libor plus 200 bps, 0% Libor floor, 101 soft call for six months; fund acquisition of Avast; Tempe, Ariz., cybersecurity provider.

PRINCE INTERNATIONAL CORP.: $2.27 billion credit facilities; Barclays and Credit Suisse; $325 million revolver; $1.945 billion first-lien term loan; help fund acquisition of Ferro Corp. and merger with Chromaflo Technologies; Houston-based manufacturer of performance-critical specialty products for niche applications in the construction, electronics, consumer products, agriculture, automotive, oil & gas, industrial and other end markets.

RESTAURANT BRANDS INTERNATIONAL INC.: New debt financing; help fund acquisition of Firehouse Restaurant Group Inc.; Toronto-based quick service restaurant company.

SYNIVERSE: $1.165 billion credit facilities; Barclays, Goldman Sachs, BofA Securities, Credit Suisse, Deutsche Bank and Mizuho; $165 million revolver; $1 billion term loan; help refinance existing debt in connection with merger with M3-Brigade Acquisition II Corp.; Tampa, Fla., provider of technology and business services for the telecommunications industry.

VIASAT INC.: New debt financing; help fund acquisition of Inmarsat; Carlsbad, Calif., communications company.

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