High Yield Calendar: $650 million and €150 million deals being marketed

SEPT. 7 WEEK

GLOBAL CROSSING LTD.: $650 million senior secured notes due 2015; Goldman Sachs & Co. (left), Credit Suisse, JPMorgan (joint), Jefferies & Co. (co); Rule 144A/Regulation S with registration rights; non-callable for three years; to repay bank debt and fund tender; Hamilton, Bermuda-based communications services provider; roadshow started Sept. 8; pricing end of Sept. 7 week.

CENTRAL EUROPEAN MEDIA LTD.: €150 million senior secured fixed-rate notes due 2016 (expected ratings B2/B); Deutsche Bank Securities Inc., Bank of America Merrill Lynch, BNP Paribas (joint); non-callable for four years; Rule 144A/Regulation S; to repay the €127.5 million loan agreements with the European Bank for Reconstruction and Development (EBRD), to repurchase a portion of the 8¼% senior notes due 2012 or repay other debt; Czech Republic-based broadcaster; roadshow started Tuesday in London; pricing late Sept. 7 week.

SEPT. 14 WEEK

AXTEL, SAB de CV: Dollar-denominated senior unsecured notes, size and structure to be determined (Ba2/BB-/BB); Bank of America Merrill Lynch, Credit Suisse (joint); Rule 144A/Regulation S; change-of-control put at 101%; to repay debt and for general corporate purposes; telecommunications company, based in Monterrey, Mexico; roadshow starts Sept. 11 in New York, concludes Sept. 16 on U.S. West Coast (structure expected to be 10 years with five years of call protection or seven years with four years of call protection).

EXPECTED SEPTEMBER BUSINESS

WARNER CHILCOTT PLC: $1.4 billion of senior unsecured notes; bridge loan commitments from JPMorgan, Morgan Stanley, Barclays Capital, Bank of America Merrill Lynch, Citigroup, Credit Suisse; also $2.75 bank loan; to finance the acquisition of Procter & Gamble Co.'s pharmaceuticals business; Warner Chilcott is a Rockaway, N.J.-based specialty pharmaceutical company; expected September business.

INFORMA GLOBAL MARKETS: High-yield notes (Ba2/BB), size to be determined; JPMorgan; London-based real-time capital markets information services provider; expected early September business, pending market conditions.

ON THE HORIZON

CDW CORP.: $1.94 billion notes: $890 million senior unsecured cash-pay notes due 2015 (Caa1/CCC+), $300 million senior unsecured PIK toggle notes due 2015 (Caa1/CCC+) and $750 million senior subordinated notes due 2017 (Caa2/CCC+); J.P. Morgan Securities Inc., Deutsche Bank Securities Inc., Morgan Stanley & Co. Inc.; to refinance bridge loan related to LBO; Vernon Hills, Ill., provider of technology products and services.

GENERAL MOLY: $540 million to $700 million debt financing including high-yield bonds, leveraged loans and possibly convertibles; Credit Suisse and Barclays, arrangers; to fund the Mt. Hope molybdenum project, located in central Nevada; also $240 million to $400 million of equity; formerly Idaho General Mines, General Moly is a Lakewood, Colo.-based molybdenum mineral development, exploration and mining company.

NEWPAGE CORP.: $595 million proceeds senior secured notes due 2014; Goldman Sachs & Co.; Rule 144A/Regulation S; to help fund tender; Miamisburg, Ohio-based coated paper manufacturer; timing of new notes offer to be determined (early tender deadline is Aug. 21, extended from July 28).

NORTH AMERICAN ENERGY ALLIANCE: $325 million senior unsecured notes; Barclays Capital Inc.; also $545 million credit facility (BB+); to help back the roughly $1.477 billion acquisition of 1,706 megawatts of generation projects by Industry Funds Management from Consolidated Edison Inc.

RIVERDEEP INTERACTIVE LEARNING USA: $820 million senior subordinated notes; Credit Suisse, Citigroup (joint); proceeds along with $1.87 billion senior bank debt, $750 million mezzanine debt and $1.5 billion equity to fund the acquisition of Houghton Mifflin by Riverdeep from Thomas H. Lee Partners, Bain Capital Partners, LLC and Blackstone Group for $3.4 billion; Riverdeep, based in Dublin, Ireland, is a publisher of interactive products for the consumer and school markets.

TRIDENT RESOURCES: New senior unsecured notes and new revolver in conjunction with IPO led by Deutsche Bank Securities Inc. and Jefferies & Co.; to recapitalize the company and repay debt; Calgary, Alta.-based natural gas production company.

ROADSHOWS

Started Sept. 8: GLOBAL CROSSING LTD. $650 million; Goldman Sachs & Co.

Started Sept. 8: CENTRAL EUROPEAN MEDIA LTD. €150 million; Deutsche Bank Securities, Bank of America Merrill Lynch, BNP Paribas

Starts Sept. 11: AXTEL, SAB de CV; size to be determined; Bank of America Merrill Lynch, Credit Suisse

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