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Published on 3/2/2011 in the Prospect News Bank Loan Daily.

Bank Loan Calendar: $61.8272 billion deals being marketed

MARCH BANK MEETINGS

AIRVANA CORP.: Bank meeting March 4; $420 million four-year term loan talked at Libor plus 700 bps to 725 bps, 1.5% Libor floor, OID 99, 101 soft call; Societe Generale and Macquarie; refinance existing term loan and fund dividend; Chelmsford, Mass., provider of mobile broadband network infrastructure products.

EMERGENCY MEDICAL SERVICES CORP.: $1.725 billion credit facility; Deutsche Bank, Barclays, Bank of America, Morgan Stanley, RBC and UBS; $350 million ABL revolver; $1.375 billion term loan; help fund buyout by Clayton, Dubilier & Rice LLC; Greenwood Village, Colo.-based provider of emergency medical services.

GROCERY OUTLET INC. Bank meeting March 3; $168 million senior secured credit facility; Societe Generale; $25 million revolver talked at Libor plus 400 bps, 1.5% Libor floor; $143 million term loan talked at Libor plus 400 bps, 1.5% Libor floor, OID tbd; refinance existing credit facility; Berkeley, Calif., value grocery retailer.

ISLE OF CAPRI CASINOS INC.: Bank meeting March 3; $825 million credit facility (Ba3/BB-); Wells Fargo, Credit Suisse and Deutsche Bank; $325 million five-year revolver talked at Libor plus 350 bps; $500 million six-year term B talked at Libor plus 350 bps, 1.25% Libor floor, OID tbd; refinance existing credit facility; St Louis-based owner and operator of gaming, lodging and entertainment facilities.

SURGERY CENTER HOLDINGS INC.: $250 million senior secured credit facility; Jefferies; $230 million 53/4-year term loan expected at Libor plus 525 bps, 1.75% Libor floor; $20 million five-year revolver expected at Libor plus 525 bps, 1.75% Libor floor, 50 bps unused fee; help fund acquisition of NovaMed Inc.; Tampa, Fla., acquirer, developer and manager of free-standing ambulatory surgical centers.

TELX GROUP INC.: Conference call March 4; $50 million incremental senior secured term loan due 2015 (B1); Goldman Sachs and SunTrust; general corporate purposes; New York-based provider of network neutral, global interconnection and colocation services.

UNITEK GLOBAL SERVICES INC.: Bank meeting March 3; $160 million credit facility; FBR Capital Markets; $75 million ABL revolver talked at Libor plus 300 bps; $85 million term loan talked at Libor plus 725 bps, 1.5% Libor floor; refinance existing debt; Blue Bell, Pa., provider of engineering, construction management, and installation fulfillment services to the telecommunications, broadband cable and satellite industries.

VISION SOLUTIONS INC.: Bank meeting March 3; $385 million credit facility; Jefferies; $15 million revolver; $240 million first-lien term loan; $130 million second-lien term loan; repay bank debt and preferred stock, and fund a dividend; Irvine, Calif., provider of high availability, disaster recovery and system management services for IBM Power Systems.

WARNER CHILCOTT PLC: Conference call March 3; new credit facility; J.P. Morgan, Bank of America, Morgan Stanley and Goldman Sachs; refinance existing bank debt; Ireland-based specialty pharmaceutical company.

UPCOMING CLOSINGS

ACCENTCARE INC.: Expected close Feb. 28 week; $225 million senior secured credit facility; GE Capital, Bank of Ireland and CIT; $30 million revolver at Libor plus 425 bps, 1.5% Libor floor, OID 991/2; $180 million term loan at Libor plus 425 bps, 1.5% Libor floor, OID 991/2, 101 soft call; $15 million delayed-draw term loan at Libor plus 425 bps, 1.5% Libor floor, OID 991/2; help fund buyout by Oak Hill Capital Partners and merger with Guardian Home Care Holdings Inc.; Irvine, Calif., provider of home health care services.

ACOSTA SALES & MARKETING: $1.075 billion credit facility (B+); Goldman Sachs and Barclays; $90 million revolver; $985 million term loan at Libor plus 325 bps, 1.5% Libor floor, par, 101 soft call; help fund buyout by Thomas H. Lee Partners from AEA Investors; Jacksonville, Fla., sales and marketing agency in the consumer packaged goods industry.

ADVANTAGE SALES & MARKETING LLC: $1.225 billion credit facility; Credit Suisse, JPMorgan and UBS; $875 million covenant-light first-lien term loan talked at Libor plus 325 bps, 1.25% Libor floor, par, 101 soft call for six months; $350 million covenant-light second-lien term loan talked at Libor plus 725 bps, 1.5% Libor floor, par, soft call protection of 102 for six months, followed by one year at 101; repricing and removing covenants; Irvine, Calif., sales and marketing agency.

ALLEGIANT TRAVEL CO.: $125 million term loan (Ba3/BB-) at Libor plus 425 bps, 1.5% Libor floor, OID 991/2, 101 soft call; Citadel Securities; for general corporate purposes, including to fund capital expenditures; Las Vegas-based all-jet passenger airline company.

AMERICAN SEAFOODS GROUP LLC: $382 million credit facility; Bank of America; $100 million term A talked at Libor plus 275 bps; $282 million term B talked at Libor plus 300 bps, 1.25% Libor floor, par; refinance existing B loan; Seattle-based harvester, processor, preparer and supplier of seafood.

ARIZONA CHEMICAL INC.: $430 million term B (B+) talked at Libor plus 325 bps to 350 bps, 1.5% Libor floor, par, 101 soft call; Goldman Sachs; repricing; Jacksonville, Fla., supplier of pine chemicals to the adhesives, inks and coatings and oleochemicals markets.

ARMSTRONG WORLD INDUSTRIES INC.: $550 million term B talked at Libor plus 300 bps, 1% Libor floor, par, 101 soft call for six months; Bank of America; repricing; Lancaster, Pa., designer and manufacturer of floors, ceilings and cabinets.

ARROWHEAD GENERAL INSURANCE AGENCY INC.: Expected close Feb. 28 week; $172 million senior secured credit facility; RBC and Macquarie; $15 million five-year revolver (B3/B-) at Libor plus 575 bps, 1.75% Libor floor, 75 bps unused fee; $115 million six-year first-lien term B (B3/B-) at Libor plus 575 bps, 1.75% Libor floor, OID 98; $42 million seven-year second-lien term loan (Caa1/CCC) at Libor plus 950 bps, 1.75% Libor floor, OID 97, call protection 103, 102, 101; refinance an existing first- and second-lien credit facility; San Diego-based national insurance program manager.

ATLANTIC BROADBAND FINANCE LLC: $555 million five-year term B (B+) talked at Libor plus 300 bps, 1% Libor floor, par; Credit Suisse and SunTrust; reprice existing term B; Quincy, Mass., cable provider.

ATTACHMATE CORP.: $1.19 billion senior secured credit facility; Credit Suisse, RBC, Goldman Sachs and Citadel; $40 million five-year revolver (B1/BB-); $875 million six-year first-lien term loan (B1/BB-) at Libor plus 500 bps, 1.5% Libor floor, OID 99; $275 million 6 1/2-year second-lien term loan at Libor plus 800 bps, 1.5% Libor floor, OID 99, call protection 103, 102, 101; help fund acquisition of Novell Inc.; Seattle-based provider of access and integration software for legacy systems.

AVG TECHNOLOGIES: $235 million five-year term loan (B1/B+) talked at Libor plus 600 bps area, 1.5% Libor floor, OID 98; J.P. Morgan; fund a dividend; Chelmsford, Mass., security software maker.

BROCK GROUP INC.: $805 million of term loans; J.P. Morgan, Credit Suisse and Bank of America; $105 million revolver (B1/B+); $490 million six-year first-lien term B (B1/B+) talked at Libor plus 450 bps to 475 bps, 1.5% to 1.75% Libor floor, OID 99, 101 soft call; $210 million seven-year second-lien term loan (Caa1/B-) talked at Libor plus 750 bps to 775 bps, 1.75% Libor floor, OID 981/2, call protection 103, 102, 101; refinance existing debt, fund a dividend and general corporate purposes; Houston-based provider of industrial specialty maintenance services, including painting, scaffolding and insulation.

CALPINE CORP.: $1.3 billion seven-year senior secured covenant-light term B (B1) talked at Libor plus 325 bps, 1.25% Libor floor, par, 101 soft call; Morgan Stanley, Goldman Sachs, Citigroup, Credit Suisse and Deutsche Bank; refinance/reprice the New Development Holdings LLC term loan; Houston-based power company.

CAPITAL AUTOMOTIVE: $1.7 billion senior secured credit facility (Ba3/B+); Barclays; $200 million five-year revolver talked at Libor plus 350 bps, 1.5% Libor floor, 100 bps upfront fee; $1.5 billion six-year term B talked at Libor plus 350 bps, 1.5% Libor floor, OID 99; refinance existing debt; McLean, Va., provider of sale-leaseback capital to the automotive retail industry.

CB RICHARD ELLIS GROUP INC.: $800 million of delayed-draw senior secured term loans (BB); Credit Suisse and Bank of America; $500 million delayed-draw seven-year term C talked at Libor plus 325 bps, no floor, OID 991/2; $300 million delayed-draw 81/2-year term D talked at Libor plus 350 bps, no floor, OID 991/2; help fund the acquisition of the real estate investment management business of ING Group NV; Los Angeles-based commercial real estate services firm.

CDW LLC: $1.1 billion senior secured term loan B-2 due 2017 talked at Libor plus 325 bps, 1.25% Libor floor, par, 101 soft call for six months; J.P. Morgan and Morgan Stanley; repricing; Vernon Hills, Ill., provider of technology products and services to business, government and education customers.

CRC HEALTH CORP.: $120 million term loan due Nov. 16, 2015 talked at Libor plus 450 bps, 1% Libor floor; Citigroup; refinance non-extended term loan and repay revolver; Cupertino, Calif., provider of substance abuse treatment and adolescent youth services.

DEL MONTE FOODS CO.: $3.45 billion senior secured credit facility; J.P. Morgan, Barclays, Morgan Stanley, Bank of America and KKR Capital Markets; $2.7 billion seven-year covenant-light term loan (Ba3/B+/BB) at Libor plus 300 bps, 1.5% Libor floor, OID 993/4, 101 soft call; $750 million five-year ABL revolver (NA/NA/BB); help fund buyout by Kohlberg Kravis Roberts & Co. LP, Vestar Capital Partners and Centerview Partners; San Francisco-based branded pet and consumer products company.

DELTA AIR LINES INC.: $250 million term loan (Ba2/BB-) at Libor plus 300 bps, 1.25% Libor floor, OID 991/2, 101 soft call; Citigroup and Deutsche Bank; refinance existing term loan; Atlanta-based airline.

EVERGREEN INTERNATIONAL AVIATION INC.: $330 million credit facility (B-); Goldman Sachs; $10 million revolver; $320 million term loan; refinance existing debt; McMinnville, Ore., aviation services company.

EVERTEC INC.: $404 million credit facility; Bank of America and Morgan Stanley; $354 million term B at Libor plus 400 bps, step-down to Libor plus 375 bps at less than 2.25x secured leverage, 1.5% Libor floor, par, 101 soft call for six months; $50 million revolver; refinance existing facility; Puerto Rico-based provider of transaction processing, payment processing, merchant acquiring and other related services.

FAIRMOUNT MINERALS LTD.: $1 billion six-year term B (BB-) talked at Libor plus 350 bps to 375 bps, 1.25% Libor floor, par, 101 soft call; Barclays, KeyBank, Bank of America and PNC; repay existing term A and term B debt and fund a dividend; Chardon, Ohio, producer of industrial sand.

FAIRWAY MARKET LLC: $200 million credit facility; Credit Suisse, Bank of America and Jefferies; $25 million five-year revolver at Libor plus 600 bps, 1.5% Libor floor, OID 99; $175 million six-year term B at Libor plus 600 bps, 1.5% Libor floor, OID 99; refinance existing facility and provide cash for future store expansion; supermarket chain with locations in New York, New Jersey and Connecticut.

FOXCO ACQUISITION SUB LLC: $444.7 million term loan due July 2015 talked at Libor plus 375 bps, 1% Libor floor, OID 993/4, 101 soft call; Deutsche Bank, UBS and Bank of America; repricing; Fort Wright, Ky., owner and operator of television stations.

GENERAL CHEMICAL PERFORMANCE PRODUCTS LLC: $425 million term loan talked at Libor plus 350 bps, 1.5% Libor floor, par, 101 soft call; Goldman Sachs; repricing; Parsippany, N.J., manufacturer of organic and inorganic chemicals.

GENERAL NUTRITION CENTERS INC.: $1.28 billion credit facility (B1/B+); J.P. Morgan and Goldman Sachs; $80 million five-year revolver; $1.2 billion seven-year term B at Libor plus 300 bps, 1.25% Libor floor, OID 993/4, 101 soft call; refinance existing debt; Pittsburgh-based specialty retailer of nutritional products.

GENTIVA HEALTH SERVICES INC.: $852 million credit facility; Bank of America, GE Capital, Barclays and SunTrust; $125 million revolver due Aug. 17, 2015 at Libor plus 500 bps; $180 million term A due Aug. 17, 2015 at Libor plus 325 bps, 1.25% Libor floor, par; $547 million term B due Aug. 17, 2016 at Libor plus 350 bps, 1.25% Libor floor, par, 101 soft call for six months; refinance existing facility; Atlanta-based home health care provider.

GLOBAL TEL*LINK CORP.: $485 million credit facility (B); Credit Suisse; $50 million incremental first-lien term loan talked at Libor plus 400 bps, 1% Libor floor, OID 991/2, 101 soft call; $395 million first-lien term loan talked at Libor plus 400 bps, 1% Libor floor, par, 101 soft call; $40 million deposit letter of credit facility talked at Libor plus 400 bps, 1% Libor floor, par; fund acquisitions and reprice existing debt; Mobile, Ala., correctional communications technology company.

GRANDE COMMUNICATIONS: $185 million credit facility; Societe Generale and SunTrust; $20 million five-year revolver talked at Libor plus 400 bps; $165 million six-year term A talked at Libor plus 400 bps; refinance existing debt and fund a dividend; San Marcos, Texas, provider of high-speed internet, local and long-distance telephone and digital cable services.

GREAT POINT POWER LLC: $216.5 million term loan talked at Libor plus 300 bps to 325 bps, 1% Libor floor, par; Barclays; repricing; power generation company.

GTA TELEGUAM: $146 million credit facility; BNP Paribas; $10 million revolver; $107 million first-lien term loan talked at Libor plus 400 bps to 425 bps, 1.5% Libor floor, OID 99 to 991/2; $29 million second-lien term loan talked at Libor plus 800 bps, 1.75% Libor floor, OID 99, call protection 102, 101; help fund buyout by Advantage Partners from Shamrock Capital Advisors; Tamuning, Guam, provider of communications services.

HANGER ORTHOPEDIC GROUP INC.: $300 million term B talked at Libor plus 300 bps, 1% Libor floor, par; Bank of America; repricing; Austin, Texas, provider of orthotic and prosthetic patient care services.

HCR MANORCARE: $575 million credit facility (Ba3/B+); J.P. Morgan, Bank of America and Credit Suisse; $400 million term loan at Libor plus 350 bps, 1.5% Libor floor, OID 99, 101 soft call; $175 million revolver at Libor plus 350 bps; refinance existing bank debt; Toledo, Ohio, provider of short-term, post-acute services and long-term care.

HERTZ CORP.: $3.35 billion credit facility; Deutsche Bank, Wells Fargo, Barclays, Bank of America, Citigroup, Credit Agricole and J.P. Morgan; $1.35 billion seven-year covenant-light term B (Ba1/BB) at Libor plus 275 bps, 1% Libor floor, OID 991/2, 101 soft call; $200 million seven-year synthetic letter-of-credit facility (Ba1/BB) at Libor plus 275 bps, 1% Libor floor, OID 971/2; $1.8 billion ABL revolver; refinance existing debt; Park Ridge, N.J., auto and equipment rental company.

HYLAND SOFTWARE: $205 million six-year term loan talked at Libor plus 425 bps, 1.5% Libor floor, par, 101 soft call; Credit Suisse; refinance existing term loan; Westlake, Ohio, enterprise content management software vendor.

IGNITE RESTAURANT GROUP: $150 million senior secured credit facility; GE Capital and Golub Capital; $30 million revolver talked at Libor plus 475 bps, 1.5% Libor floor, OID 981/2; $120 million term loan talked at Libor plus 475 bps, 1.5% Libor floor, OID 981/2; refinance debt and fund dividend; Houston-based owner of Joe's Crab Shack and Brick House Tavern & Tap restaurants.

IMS HEALTH INC.: Roughly $2.1 billion of term loans; Goldman Sachs; $100 million delayed-draw term loan talked at Libor plus 325 bps, 1.25% Libor floor, par, 101 soft call; $1.25 billion term loan talked at Libor plus 325 bps, 1.25% Libor floor, par, 101 soft call; €550 million term loan talked at Euribor plus 350 bps, 1.25% to 1.5% base rate floor, par, 101 soft call; fund acquisition of SDI Health and repricing; Norwalk, Conn., provider of market intelligence to the pharmaceutical and health care industries.

ISTAR FINANCIAL INC.: $3 billion senior secured credit facility; J.P. Morgan and Barclays; $1.5 billion term A-1 (B1/NA/BB-) due June 2013 talked at Libor plus 325 bps, 1.25% Libor floor, OID 991/2; $1.5 billion term A-2 (B2/NA/B+) due June 2014 talked at Libor plus 475 bps, 1.25% Libor floor, OID 981/2; refinance secured loans and some unsecured debt; New York-based finance and investment company focused on the commercial real estate industry.

J. CREW GROUP INC.: Expected close March 7; $1.45 billion senior secured credit facility; Bank of America and Goldman Sachs; $250 million five-year asset-based revolver expected at Libor plus 250 bps; $1.2 billion seven-year term loan (B1/B) at Libor plus 350 bps, step to Libor plus 325 bps at less than 3.25x net senior secured leverage, 1.25% Libor floor, par, 101 soft call for six months; help fund buyout by TPG Capital and Leonard Green & Partners LP; New York-based retailer of apparel, shoes and accessories.

JMC STEEL GROUP: $400 million six-year term loan (B1/BB-) talked at Libor plus 375 bps, 1.5% Libor floor, OID 99; J.P. Morgan; help fund buyout by the Zekelman family from the Carlyle Group and refinance existing debt; Beachwood, Ohio, manufacturer of steel pipe and tubes.

JO-ANN STORES INC.: $1.025 billion senior secured credit facility; J.P. Morgan, Bank of America and Barclays; $650 million covenant-light term loan (B1/B+) talked at Libor plus 350 bps, 1.25% Libor floor, OID 991/2; $375 million ABL revolver; help fund buyout by Leonard Green & Partners LP; Hudson, Ohio, specialty retailer of fabrics and crafts.

JOHNSONDIVERSEY INC.: $386 million term B talked at Libor plus 300 bps, step-down to Libor plus 275 bps at 2.25x total leverage, 1% Libor floor, par, 101 soft call; Citigroup; reprice existing B loan; Sturtevant, Wis., provider of commercial cleaning, sanitation and hygiene products.

K-SEA TRANSPORTATION PARTNERS LP: $250 million ABL revolver; UBS left lead; East Brunswick, N.J., coastwise tank barge operator.

MICROSEMI CORP.: $350 million seven-year term B talked at Libor plus 300 bps, 1% Libor floor, par, 101 soft call; Morgan Stanley; reprice existing term loan B; Irvine, Calif., semiconductor manufacturer.

MIDCONTINENT COMMUNICATIONS: $675 million credit facility; SunTrust, Wells Fargo, RBC and U.S. Bank; $125 million revolver at Libor plus 275 bps; $200 million term A at Libor plus 275 bps; $350 million term B talked at Libor plus 300 bps, step-down to Libor plus 275 bps at 3.5x leverage, 1% Libor floor, par, 101 soft call; refinance existing credit facility; Minneapolis-based provider of cable television, local and long-distance digital telephone service and high-speed internet access.

MSCI INC.: $1.125 billion senior secured term loan talked at Libor plus 275 bps, 1% Libor floor, par, 101 soft call; Morgan Stanley and Bank of America; repricing; New York-based provider of investment decision support tools to investors.

NDS FINANCE: $1.125 billion credit facility (Ba2/BB-); J.P. Morgan, Morgan Stanley, BNP Paribas, Goldman Sachs, Lloyds and UBS; $75 million revolver; $250 million euro equivalent six-year term A talked at Euribor plus 350 bps; $800 million seven-year term B talked at Libor plus 325 bps, 1.25% Libor floor, OID 991/2; refinance existing debt; U.K.-based supplier of open end-to-end digital technology and services to digital pay-television platform operators and content providers.

NEXEO SOLUTIONS LLC: $865 million credit facility; Bank of America, Citigroup and Barclays; $325 million 61/2-year term B (B1/B) at Libor plus 350 bps, 1.5% Libor floor, par, 101 soft call; $540 million ABL revolver talked at Libor plus 250 bps; help fund buyout by TPG Capital from Ashland Inc.; chemical distribution company.

NOVELIS INC.: $1.5 billion senior secured term B talked at Libor plus 300 bps, step-down to Libor plus 275 bps when total net leverage is less than 3.5x, 1% Libor floor, par, 101 soft call protection for six months, followed by par ½ in the next six months; Bank of America, Citigroup, JPMorgan, RBS and UBS; repricing; Atlanta-based aluminum-rolled products and beverage can recycling company.

NTELOS HOLDING CORP.: $751 million first-lien term loan talked at Libor plus 300 bps, 1% Libor floor, par, 101 soft call for six months; J.P. Morgan and UBS; reprice existing term loan; Waynesboro, Va., provider of wireless and wireline communications services.

OCTAVIUS TOWER: $400 million six-year senior secured term loan (B3) talked at Libor plus 800 bps, 1.25% Libor floor, OID 99; J.P. Morgan; help fund the development of the Octavius Tower at Caesars' Palace Las Vegas and a retail, dining and entertainment corridor on the Las Vegas strip; Las Vegas-based casino entertainment company.

PELICAN PRODUCTS INC.: $405 million six-year term B talked at Libor plus 350 bps, 1.5% Libor floor, par, 101 soft call; Credit Suisse; reprice existing term loan; Torrance, Calif., designer and manufacturer of advanced lighting systems and virtually indestructible cases.

PINNACLE SECURITY: $130 million term loan talked at Libor plus 650 bps, 1.5% Libor floor, OID 99; Bank of America; refinance existing debt; Orem, Utah, provider of residential and commercial security systems.

PLAYBOY ENTERPRISES INC.: $195 million credit facility (B2/B-); Jefferies; $10 million five-year revolver; $185 million six-year term loan at Libor plus 650 bps, 1.75% Libor floor, OID 98, non-call one, 102, 101; help fund buyout by Icon Acquisition Holdings LP; Chicago-based media and lifestyle company.

PRECISION ENGINEERED PRODUCTS LLC: $190 million credit facility (B1/BB-); KeyBanc Capital Markets; $30 million five-year revolver talked at Libor plus 450 bps, 1.5% Libor floor, OID 99; $160 million six-year term B talked at Libor plus 450 bps, 1.5% Libor floor, OID 99; fund buyout by the Jordan Co. and Nautic Partners; Attleboro, Mass., manufacturer of highly engineered precision metal and plastic components, materials and surface finishing technologies.

RBS INTERNATIONAL DIRECT MARKETING: $260 million credit facility; Bank of America and Fifth Third; $40 million revolver talked at Libor plus 375 bps; $75 million term A talked at Libor plus 375 bps; $145 million term B talked at Libor plus 475 bps, 1.5% Libor floor; refinance existing debt; direct marketing company.

ROCK-TENN CO.: $3.7 billion senior credit facility; Wells Fargo, SunTrust, Rabobank, Bank of America and J.P. Morgan; $1.2 billion five-year revolver talked at Libor plus 200 bps; $1.25 billion five-year term A talked at Libor plus 200 bps; $1.25 billion six-year term B talked at Libor plus 275 bps, 0.75% Libor floor, par; help fund acquisition of Smurfit-Stone Container Corp. and refinance debt; Norcross, Ga., manufacturer of paperboard, containerboard and consumer and corrugated packaging.

SAVERS INC.: $500 million credit facility (Ba3/B+); J.P. Morgan; $40 million revolver; $460 million six-year term B at Libor plus 300 bps, step-down to Libor plus 275 bps at less than 2.75x leverage, 1.25% Libor floor, par; refinance existing debt and fund the acquisition of 18 stores from Apogee; Bellevue, Wash., thrift store chain.

SHERIDAN GROUP INC.: $160 million credit facility (B2/B); Bank of America; $20 million revolver; $140 million term loan talked at Libor plus 525 bps, 1.75% Libor floor, OID 98; refinance notes and bank debt; Hunt Valley, Md., print and publishing company.

SINCLAIR TELEVISION GROUP INC.: $340 million credit facility (Baa3/BB+); J.P. Morgan; $100 million five-year term A talked at Libor plus 225 bps; $240 million 51/2-year term B talked at Libor plus 325 bps, 1% Libor floor, par; refinance existing term B and convertibles; Hunt Valley, Md., television broadcasting company.

SIRVA INC.: $235 million credit facility; Barclays leading term loan, Wells Fargo leading revolver; $175 million six-year term loan; $60 million ABL revolver; refinance first- and second-lien bank debt; Westmont, Ill., provider of relocation and moving services.

SPITZER INDUSTRIES INC.: $145 million credit facility; Credit Suisse leading term loan; $120 million six-year term loan (B2/B) talked at Libor plus 425 bps, 1.5% Libor floor, OID 991/2, 101 soft call protection; $25 million five-year revolver (B2) talked at Libor plus 425 bps, 1.5% Libor floor; refinance existing debt and fund a dividend; Houston-based fabricator of specialized equipment and systems, pressure vessels and other custom weldments that serve the oil and gas industry.

SUMMIT ENTERTAINMENT LLC: $750 million senior secured credit facility (B1/B); J.P. Morgan and UBS; $200 million revolver; $550 million 51/2-year term loan at Libor plus 600 bps, 1.5% Libor floor, OID 98, 101 soft call; repay existing debt, working capital and general corporate purposes and fund a dividend; Santa Monica, Calif., independent film studio.

TESORO CORP.: $1.85 billion ABL revolver talked at Libor plus 200 bps; J.P. Morgan and RBS; refinance existing debt; San Antonio-based petroleum refiner.

TRANSTAR INDUSTRIES INC.: $240 million first-lien term B talked at Libor plus 325 bps, 1.25% Libor floor, par, 101 soft call; RBC; repricing; Cleveland-based transmission parts provider.

TRAVELCLICK INC.: $230 million senior secured credit facility (B1/B); BMO; $20 million revolver talked at Libor plus 450 bps to 475 bps, 1.5% Libor floor; $160 million term loan talked at Libor plus 450 bps to 475 bps, 1.5% Libor floor; $50 million delayed-draw term loan talked at Libor plus 450 bps to 475 bps, 1.5% Libor floor; refinance existing debt and fund an acquisition; Schaumburg, Ill., provider of online bookings to hotels.

UNIVERSAL HEALTH SERVICES INC.: $3.45 billion credit facility; J.P. Morgan and Deutsche Bank; $800 million revolver due Nov. 15, 2015; $1.05 billion term A due Nov. 15, 2015; $1.6 billion term B due Nov. 15, 2016 talked at Libor plus 300 bps, 1% Libor floor, par; refinance existing debt; King of Prussia, Pa., health care management company.

WALTER ENERGY INC.: $2.725 billion senior secured credit facility (B1/BB-); Morgan Stanley, Credit Agricole, Bank of Nova Scotia and Union Bank; $375 million five-year revolver at Libor plus 300 bps; $950 million five-year term A at Libor plus 300 bps, par; $1.4 billion seven-year term B at Libor plus 300 bps, step-down to Libor plus 275 bps based on leverage, 1% Libor floor, par; help fund acquisition of Western Coal, refinance debt and for working capital; Tampa, Fla., producer and exporter of metallurgical coal for the steel industry.

WASTE INDUSTRIES USA INC.: $700 million credit facility (B1/B+); Bank of America, Macquarie and Wells Fargo; $225 million revolver; $475 million term loan talked at Libor plus 350 bps, 1.5% Libor floor, OID 99½ to par; refinance existing debt; Raleigh, N.C., solid waste services company.

ON THE HORIZON

ALPHA NATURAL RESOURCES INC.: $1.6 billion five-year senior secured credit facility; Citigroup and Morgan Stanley; $1 billion revolver expected at Libor plus 275 bps, 50 bps unused fee; $600 million term A expected at Libor plus 275 bps; help fund acquisition of Massey Energy Co. and refinance debt at both companies; Abingdon, Va., coal company.

AMERISTAR CASINOS INC.: New debt financing; retire existing debt, fund a share repurchase and for general working capital purposes; Las Vegas-based gaming and entertainment company.

AUDIOVOX CORP.: New asset-based revolver; Wells Fargo; help fund acquisition of Klipsch Group Inc.; Hauppauge, N.Y., marketer of mobile and consumer electronics products and accessories.

FRAC TECH SERVICES LLC: $200 million four-year senior secured revolver; Credit Suisse; replace existing revolver; Cisco, Texas, oilfield service company.

HUBBARD BROADCASTING INC.: New credit facility; Morgan Stanley and Goldman Sachs; help fund acquisition of 17 radio stations from Bonneville International Corp.; St. Paul, Minn., television and radio broadcasting company.

HUNTINGTON INGALLS INDUSTRIES INC.: $1.25 billion senior secured credit facility (Baa3/BB+) due 2016; J.P. Morgan left lead; $650 million revolver; $600 million term loan; help fund spinoff from Northrop Grumman Corp.; Newport News, Va., designer, builder and repairer of ships.

KEY ENERGY SERVICES INC.: $400 million amended and restated senior secured revolver; help fund the repurchase of senior notes and replace an existing credit facility; Houston-based onshore, rig-based well servicing contractor.

KINDRED HEALTHCARE INC.: $1.3 billion senior secured credit facility; J.P. Morgan, Morgan Stanley and Citigroup; $600 million five-year asset-based revolver; $700 million seven-year term loan; help fund acquisition of RehabCare Group Inc. and refinance existing debt; Louisville, Ky., health care services company.

NORTHSTAR LLC: $100 million senior secured credit facility; ING Capital; $10.5 million revolver; $89.5 million multi-draw term loan; fund construction and operation of a canola processing plant with an integrated refinery near Hallock, Minn., that is majority owned by PICO Holdings Inc.; expected close by April 15.

NORTHSTAR REALTY FINANCE CORP.: $200 million secured credit facility; Wells Fargo; New York-based finance real estate investment trust.

PRE-PAID LEGAL SERVICES INC.: $440 million senior secured credit facility; $30 million revolver; $410 million term loan; Macquarie Capital; help fund buyout by MidOcean Partners; Ada, Okla., provider of legal service benefits through a network of independent law firms.

RAINBOW MEDIA HOLDINGS LLC: New debt financing; refinance existing debt in connection with spin-off from Cablevision Systems Corp.; holder of portfolio of programming assets.

SEVAN DRILLING AS: $480 million senior debt facility; DVB Group Merchant Bank, NIBC Bank and ING; replace the existing debt of the Sevan Driller rig; Norway-based owner, operator and licenser of FPSOs and drilling units.

STERIGENICS INTERNATIONAL INC.: New debt financing; J.P. Morgan, Bank of America, UBS and Morgan Stanley; help fund buyout by GTCR from Silverfleet Capital and PPM America Capital Partners; Oak Brook, Ill., provider of contract sterilization and ionization services for medical devices, food products and advanced applications.

TESORO LOGISTICS LP: $150 million senior secured revolver, 50 basis points unused fee; general corporate purposes and fund distribution to Tesoro Corp. in connection with common units IPO; San Antonio owner, operator, developer and acquirer of crude oil and refined products logistics assets.

THERMACLIME: $75 million five-year term loan; Bank of America; repay existing term loan and for working capital; Oklahoma City-based manufacturer and seller of climate control and chemical products that is a subsidiary of LSB Industries Inc.

W.R. GRACE & CO.: $1 billion exit facility, including a $200 million revolver; Goldman Sachs and Deutsche Bank; Columbia, Md., specialty chemicals company.


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