Bank Loan Calendar: $2.845 billion deals being marketed

UPCOMING CLOSINGS

BRSP LLC: $290 million five-year senior secured term loan (B1/BB-) at Libor plus 450 bps, 3% floor, OID 94, call protection 102, 101, 101; Barclays; refinance existing term loan; special purpose entity covering two gas-fired power plants operated by Calpine Corp.

EARTHBOUND FARM: $135 million senior credit facility; RBC; $25 million revolver talked at Libor plus 550 bps, 3% Libor floor; $110 million term loan talked at Libor plus 550 bps, 3% Libor floor; help fund buyout by HM Capital; San Juan Bautista, Calif., organic produce company.

FRESH DEL MONTE PRODUCE INC.: $500 million 31/2-year revolver talked at Libor plus 300 bps, 62.5 bps unused fee; Rabobank; refinance existing bank debt; Cayman Islands-based producer, transporter, marketer and distributor of fresh and fresh-cut fruit and vegetables.

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 buyout by ABRY Partners; San Marcos, Texas, provider of high-speed internet, local and long-distance telephone and digital cable services.

NEIMAN MARCUS INC.: $500 million asset-based revolver talked at Libor plus 425 bps, unused fee can range from 75 bps to 100 bps based on availability; Bank of America and Wells Fargo; refinance existing asset-based revolver; Dallas-based high-end specialty retailer.

QUEBECOR WORLD INC.: $675 million three-year exit facility; Credit Suisse (left on term loan), GE Capital (left on revolver) and Wachovia; $350 million revolver (B1) talked at Libor plus 450 bps, unused fee range from 75 bps to 100 bps, 3% Libor floor; $325 million term loan (B1) talked at Libor plus 600 bps, 3% Libor floor, OID 88; Montreal-based printing and marketing company.

QVC INC.: $500 million term B (BBB) talked at Libor plus 350 bps, 2% Libor floor, OID 98 to 98½ range; Bank of America and JPMorgan; general corporate purposes; West Chester, Pa.-based multimedia retailer.

USI HOLDINGS CORP.: $117 million incremental senior secured term loan (B-) due May 2014 talked at Libor plus 575 bps, OID 90; Goldman Sachs; fund notes tender offer; Briarcliff Manor, N.Y., distributor of property and casualty insurance and employee benefits products.

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.

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.

SPECTRUM BRANDS INC.: $242 million three-year senior secured asset-based revolving exit facility; GE Capital; $197 million revolver at Libor plus 400 bps, 2.5% Libor floor; $45 million first-in, last-out supplemental revolver at and Libor plus 1,450 bps, 3% Libor floor; Atlanta-based consumer products company and supplier of batteries, lawn and garden products, pet supplies, shaving and grooming products, household insect control products, personal care products and portable lighting.

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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