Bank Loan Calendar: $2.788 billion deals being marketed

MAY BANK MEETINGS

QUEBECOR WORLD INC.: Bank meeting May 29; $675 million three-year exit facility; Credit Suisse (left on term loan), GE Capital (left on revolver) and Wachovia; $350 million revolver talked at Libor plus 450 bps, unused fee range from 75 bps to 100 bps, 3% Libor floor; $325 million term loan talked at Libor plus 600 bps, 3% Libor floor; Montreal-based printing and marketing company.

UPCOMING CLOSINGS

CAPMARK FINANCIAL GROUP INC.: Expected close by May 29; $1.5 billion term loan due March 23, 2011; refinance a portion of bridge loan and senior credit facility; Horsham, Pa., provider of financial services to investors in commercial real estate assets.

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.

PHARMANET DEVELOPMENT GROUP INC.: Expected close May 25 week; $85 million five-year credit facility; Jefferies and CIT; $20 million revolver at Libor plus 700 bps, 3% Libor floor, OID 94; $65 million term A at Libor plus 700 bps, 3% Libor floor, OID 94; refinance convertibles; Princeton, N.J., drug-development services company.

RITE AID CORP.: $400 million term loan due 2015 talked at Libor plus 650 bps; Citigroup, Bank of America, Wells Fargo and GE Capital, with Citi left lead; refinance term loan tranche 1 due 2010 and repay and cancel a portion of the commitments outstanding under its revolver; Camp Hill, Pa., drugstore chain.

ON THE HORIZON

AMERICAN CAMPUS COMMUNITIES INC.: $200 million three-year senior secured revolver; KeyBank; replace existing revolver; Austin, Texas, real estate investment trust focused on student housing properties.

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.

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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