Bank Loan Calendar: $5.153 billion deals being marketed

UPCOMING CLOSINGS

GEORGIA GULF CORP.: $175 million two-year asset securitization credit facility talked at Libor plus 450 bps, 2.5% Libor floor, 100 bps unused fee; GE Capital; Atlanta-based manufacturer and marketer of chlorovinyls and aromatics chemicals, and vinyl-based building and home improvement products.

GRANDE COMMUNICATIONS: $128 million credit facility; Societe Generale and SunTrust; $25 million five-year revolver at Libor plus 675 bps, 3% Libor floor, OID 97; $103 million six-year term loan at Libor plus 675 bps, 3% Libor floor, OID 97; help fund potential buyout by ABRY Partners; San Marcos, Texas, provider of high-speed internet, local and long-distance telephone and digital cable services.

JONES APPAREL GROUP, INC.: Three-year revolver (Ba2/BB-) talked at Libor plus 450 bps; JPMorgan and Citigroup; refinance an existing $600 million ABL facility; New York-based designer, marketer and wholesaler of branded apparel, footwear and accessories.

MICHAEL FOODS INC.: $525 million credit facility (Ba3/BB); Bank of America; $75 million 31/2-year revolver talked at Libor plus 400 bps, 2% Libor floor, OID around 98; $450 million in term loans of which up to $275 million could be 31/2-year term A talked at Libor plus 400 bps, 2% Libor floor, OID around 98, or up to $275 million could be five-year term B talked at Libor plus 450 bps, 2% Libor floor; OID around 95 to 96; refinance existing facility; Minnetonka, Minn., food processor and distributor.

PHARMANET DEVELOPMENT GROUP INC.: $95 million five-year credit facility; Jefferies and CIT; $20 million revolver talked at Libor plus 600 bps, 3% Libor floor, OID 97; $75 million term A talked at Libor plus 600 bps, 3% Libor floor, OID 97; refinance convertibles; Princeton, N.J., drug-development services company.

SEARS HOLDINGS CORP.: Up to $4 billion ABL revolver talked at Libor plus 400 bps, 100 bps undrawn fee; Bank of America and Wells Fargo; extend as much of $4 billion revolver due March 2010 to January 2012; Hoffman Estates, Ill., retailer.

TNS INC.: $230 million term loan (B1) due March 28, 2014 at Libor plus 600 bps, 3.5% Libor floor, OID 90, 101 call protection; downsized from $250 million; SunTrust; help fund acquisition of VeriSign Inc.'s communication services group; Reston, Va., provider of business-critical, cost-effective data communications services for transaction-oriented applications.

ON THE HORIZON

BLUE SPARKLE LP: $1.7 billion credit facility; Barclays; $850 million six-year senior secured term loan at Libor plus 400 bps, $850 million seven-year senior unsecured term loan at Libor plus 550 bps; help fund acquisition of Barclays' iShares business by CVC Capital Partners Group Sicav-FIS SA.

ENTRUST: New debt financing; Wells Fargo Foothill and Bank of Montreal; help fund buyout by Thoma Bravo LLC; Dallas-based company that secures digital identities and information for consumers, enterprises and governments.

IOWA TELECOMMUNICATIONS SERVICES INC.: $75 million term loan due November 2011 at Libor plus 200 bps; Rural Telephone Finance Cooperative; help fund the acquisition of Sherburne Tele Systems Inc.; Newton, Iowa, telecommunications service provider.

TRIDENT RESOURCES CORP.: New revolver; in connection with common stock IPO to repay existing debt; Calgary, Alta., natural gas production company.

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