Bank Loan Calendar: $4.707 billion deals being marketed

UPCOMING CLOSINGS

CASELLA WASTE SYSTEMS INC.: Expected close July 9; $307.5 million senior secured credit facility (Ba2/BB); Bank of America and Comerica; $177.5 million revolver talked at Libor plus 450 bps, 2% Libor floor; $130 million term loan talked at Libor plus 500 bps, 2% Libor floor, OID 941/2; repay existing credit facility; Rutland, Vt., solid waste, recycling and resource management services company.

COMMERCIAL BARGE LINE CO.: Expected close July 7; $350 million four-year senior secured asset-based revolver talked at Libor plus 400 bps; Bank of America, UBS, SunTrust and Wachovia; refinance existing credit facility and for general corporate purposes; Jeffersonville, Ind., marine transportation and service company.

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.

PRIMARY ENERGY RECYCLING CORP.: $152.5 million senior secured term loan talked at Libor plus 850 bps, 2.5% Libor floor, OID 97; Credit Suisse; repay $135 million term loan due on Aug. 24; Oak Brook, Ill., owner and operator of recycled energy projects and a pulverized coal facility.

QUEBECOR WORLD INC.: $800 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; $450 million term loan (B1) at Libor plus 600 bps, 3% Libor floor, OID 90; Montreal-based printing and marketing company.

SMITHFIELD FOODS INC.: Expected close early July; $1 billion three-year asset-based revolver talked at Libor plus 425 bps, 100 bps unused fee; JPMorgan, Barclays, Morgan Stanley, Rabobank and GE Capital, with JPMorgan left lead; replace existing revolver; Smithfield, Va., pork processor and hog producer.

SOLO CUP CO.: $200 million asset-based revolver (Ba2); Bank of America; help refinance existing first-lien credit agreement; Highland Park, Ill., manufacturer of single-use products used to serve food and beverages.

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.

TERRA-GEN POWER LLC: $275 million credit facility (Ba3); Citigroup; $250 million term loan talked at Libor plus 550 bps area, 2.5% Libor floor, OID 96 to 98 context; $25 million working capital revolver; refinance existing debt; New York-based renewable energy company.

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

ABRAXAS PETROLEUM CORP.: New credit facility; in connection with its merger with Abraxas Energy Partners LP; San Antonio, Texas, crude oil and natural gas exploration and production company.

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.

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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