Bank Loan Calendar: $23.2657 billion deals being marketed

AUGUST BANK MEETINGS

PLAZE INC.: Bank meeting expected Aug. 15 week; $150 million senior credit facility; GE Capital and PNC; $20 million revolver; $130 million term loan; help fund buyout by Olympus Partners; St. Clair, Mo., full-service contract aerosol and liquid packager.

SEPTEMBER BANK MEETINGS

GARDEN RIDGE: $330 million credit facility; Bank of America and UBS; $80 million ABL revolver; $250 million six-year term B; fund buyout by AEA Investors LP; Houston-based seller of mattresses, ready-to-assemble furniture, discount apparel and handbags and books.

SEALED AIR CORP.: Bank meeting for term B post-Labor Day (pro rata meeting was July 25); $3 billion credit facility; Citigroup, Bank of America, BNP Paribas, RBS; $700 million five-year revolver talked at Libor plus 250 bps, 50 bps unused fee; $1 billion five-year term A talked at Libor plus 250 bps; $1.3 billion seven-year term loan B expected at Libor plus 275 bps/Euribor plus 300 bps, 1% Libor/Euribor floor; help fund acquisition of Diversey Holdings Inc.; Elmwood Park, N.J., manufacturer of packaging and performance-based materials and equipment systems that serve food, industrial, medical and consumer applications.

UPCOMING CLOSINGS

ALKERMES INC.: $450 million of covenant-light term loans; Morgan Stanley and HSBC; $310 million six-year first-lien term B (BB) at Libor plus 525 bps, 1.5% Libor floor, OID 99, 101 soft call; $140 million seven-year second-lien term C (B) at Libor plus 800 bps, 1.5% Libor floor, OID 98, call protection 103, 102, 101; help fund merger with Elan Drug Technologies to create Dublin, Ireland-based Alkermes plc; Waltham, Mass., biotechnology company.

AMNEAL PHARMACEUTICALS LLC: $250 million credit facility; GE Capital and RBS Citizens; $70 million revolver talked at Libor plus 325 bps; $180 million term A talked at Libor plus 325 bps; refinance existing debt; Bridgewater N.J., generic pharmaceuticals company.

ARDENT HEALTH SERVICES LLC: $200 million term B add-on (B1/B) due September 2015 at Libor plus 500 bps, 1.5% Libor floor, OID 981/2, 101 soft call; Bank of America, Barclays and GE Capital; fund acquisitions of hospitals; Nashville, Tenn., operator of acute care hospitals and specialty care facilities.

ASHLAND INC.: $3.9 billion credit facility (BB); Citigroup, Scotia Capital, Bank of America and U.S. Bank; $1 billion five-year revolver at Libor plus 225 bps; $1.5 billion five-year term A at Libor plus 225 bps; $1.4 billion seven-year term B at Libor plus 275 bps, 1% Libor floor, OID 993/4, 101 soft call; help fund acquisition of International Specialty Products Inc.; Covington, Ky., provider of specialty chemical products and services.

AUTOPARTS HOLDINGS LTD.: $730 million senior secured credit facility; Credit Suisse, HSBC and Nomura; $50 million five-year revolver (B1/B+) at Libor plus 500 bps, 1.5% Libor floor; $530 million six-year first-lien term loan (B1/B+) at Libor plus 500 bps, 1.5% Libor floor, OID 991/2, 101 soft call; $150 million 61/2-year second-lien term loan (Caa1/B-) at Libor plus 900 bps, 1.5% Libor floor, OID 991/2, call protection 103, 102, 101; help fund buyout by Rank Group from Honeywell; Danbury, Conn., supplier to the light and heavy-duty vehicle aftermarket for replacement parts.

AVIS BUDGET GROUP INC.: $900 million of incremental senior secured credit facility debt (BB); Morgan Stanley, Citigroup, Credit Agricole, Scotia Capital and RBS; $200 million term A talked at Libor plus 300 bps; $400 million term B talked at Libor plus 350 bps, 1.25% Libor floor, OID 99, 101 soft call; $300 million revolver add-on talked at Libor plus 300 bps; help fund acquisition of Avis Europe plc; Parsippany, N.J., vehicle rental company.

BOJANGLES RESTAURANTS: $215 million credit facility (B1/B); Jefferies and RBC; $25 million revolver; $190 million term loan talked at Libor plus 625 bps, 1.25% Libor floor, OID 99; help fund buyout by Advent International; Charlotte, N.C., owner of quick-service restaurants.

CAPSUGEL: $1.07 billion senior secured credit facility (B1/BB-); UBS, Barclays, Deutsche Bank, KKR Capital Markets and Mizuho; $150 million five-year revolver; $920 million seven-year term B at Libor plus 400 bps, 1.25% Libor floor, OID 991/2, 101 soft call; help fund buyout by Kohlberg Kravis Roberts & Co LP from Pfizer Inc.; Peapack, N.J.-based manufacturer of hard capsules and drug-delivery systems.

C.H.I. OVERHEAD DOORS: $203.5 million credit facility; GE Capital and Wells Fargo; $25 million five-year revolver; $127.5 million six-year first-lien term loan talked at Libor plus 525 bps, 1.5% Libor floor, OID 99; $51 million 61/2-year second-lien term loan talked at Libor plus 925 bps, 1.5% floor, OID 98, call protection 103, 102, 101; help fund buyout by Friedman Fleischer & Lowe from JLL Partners; garage door company and a manufacturer of residential sectional garage doors, and commercial sectional and rolling steel.

CLEMENT PAPPAS AND CO. INC.: Expected close Aug. 8 week; $280 million credit facility; Jefferies and BMO; $50 million five-year ABL revolver; $230 million six-year term B (B2) at Libor plus 525 bps, 1.25% Libor floor, OID 99, 101 soft call; help fund buyout by Lassonde Industries Inc.; Carneys Point, N.J., producer of store brand ready to drink fruit juices, drinks and sauces.

CUMULUS MEDIA INC.: $2.415 billion senior secured credit facility; JPMorgan, UBS, Macquarie, RBC and ING; $300 million five-year revolver (Ba2/BB); $1.325 billion seven-year first-lien term loan (Ba2/BB) at Libor plus 450 bps, 1.25% Libor floor, OID 99, 101 soft call; $790 million 71/2-year second-lien term loan (B2/B-) at Libor plus 600 bps, 1.5% Libor floor, OID 981/2, non-call one, 103, 102, 101; help fund acquisition of Citadel Broadcasting Corp. and refinance debt; Atlanta-based radio broadcaster.

FOGO DE CHAO CHURRASCARIA (HOLDINGS) LLC: $205 million credit facility (B2/B+); JPMorgan; $10 million five-year revolver; $195 million seven-year term B talked at Libor plus 475 bps to 500 bps, 1.25% Libor floor, OID 99, 101 soft call; fund the acquisition of shares from current shareholders Dallas-based steakhouse chain.

GENCOAT INC.: New credit facility; GE Capital; Sussex, Wis., designer, manufacturer and distributor of roll coaters, laminating equipment, Peabody electrostatic oilers, integrated coil processing lines and replacement parts.

IMMUCOR INC.: $700 million senior secured credit facility (Ba3/BB-); Citigroup, JPMorgan and UBS; $100 million five-year revolver; $600 million seven-year term B talked at Libor plus 450 bps to 475 bps, 1.5% Libor floor, OID 99, 101 soft call; help fund buyout by TPG Capital; Norcross, Ga., provider of automated instrument-reagent systems to the blood transfusion industry.

INSIGHT GLOBAL INC.: $177 million credit facility (B1/B+); BNP Paribas; $20 million revolver; $157 million term B at Libor plus 500 bps, 1.5% Libor floor, OID 99½ on new money; refinance senior and mezzanine debt; Atlanta-based Information Technology employment firm.

INSIGHT PHARMACEUTICALS CORP.: $420 million credit facility; GE Capital, SunTrust and RBC; $20 million revolver talked at Libor plus 550 bps, 1.5% Libor floor, OID 981/2; $290 million first-lien term loan talked at Libor plus 550 bps, 1.5% Libor floor, OID 981/2, 101 soft call; $110 million second-lien term loan talked at Libor plus 900 bps, 1.5% Libor floor, OID 981/2, call protection 103, 102, 101; acquisition financing; Langhorne, Pa., marketer and distributor of branded over-the-counter pharmaceutical products.

LA PALOMA GENERATING CO. LLC: $424.2 million credit facility; Bank of America and Macquarie; $15 million five-year working capital facility (B2/B); $299.2 million six-year first-lien term loan (B2/B) at Libor plus 550 bps, 1.5% Libor floor, OID 96, 101 soft call; $110 million seven-year second-lien term loan at Libor plus 875 bps, 1.5% Libor floor, OID 97, non-call year, 102, 101; refinance existing debt, prefund a debt service reserve, prefund 2011 through 2013 major maintenance and cash collateralize letters of credit; 1,022 MW combined-cycle gas-fired facility located in Kern, Calif.

LENDER PROCESSING SERVICES INC.: $1.3 billion senior secured credit facility (Baa3/BBB); JPMorgan, Wells Fargo, U.S. Bank and SunTrust; $400 million five-year revolver talked at Libor plus 225 bps, 50 bps unused fee; $350 million five-year term A talked at Libor plus 225 bps; $550 million seven-year term B talked at Libor plus 325 bps to 350 bps, 1% Libor floor, OID 991/2, 101 soft call; refinance existing debt and for general corporate purposes; Jacksonville, Fla., provider of integrated technology, services and loan performance data and analytics to the mortgage, consumer lending, capital markets and real estate industries.

LEVEL 3 FINANCING INC.: $650 million six-year senior secured covenant-light term loan B II (B+) talked at Libor plus 425 bps, 1.5% Libor floor, OID 99, 101 soft call; Bank of America, Citigroup, Deutsche Bank, Morgan Stanley and Credit Suisse; in connection with acquisition of Global Crossing Ltd.; Hamilton, Bermuda, provider of fiber-based communications services.

METROPOLITAN HEALTH NETWORKS INC.: $355 million senior secured credit facility; GE Capital and SunTrust; $25 million five-year revolver (BB-) talked at Libor plus 475 bps, 1.5% Libor floor, 50 bps unused fee; $240 million five-year first-lien term loan (BB-) talked at Libor plus 475 bps, 1.5% Libor floor, OID 99; $90 million six-year second-lien term loan (B-) talked at Libor plus 900 bps, 1.75% Libor floor, OID 98, call protection 103, 102, 101; help fund acquisition of Continucare Corp.; Boca Raton, Fla., health care organization.

MSC.SOFTWARE CORP.: $235 million credit facility (B2/B+); Bank of America; $20 million revolver; $215 million six-year term loan talked at Libor plus 500 bps, 1.5% Libor floor, OID 99, 101 soft call; refinance existing debt and fund a dividend; Santa Ana, Calif., provider of multidiscipline simulation services that accelerate product innovation.

NOBEL LEARNING COMMUNITIES INC.: $91 million senior secured credit facility; BMO and Citizens Bank; $71 million term loan talked at Libor plus 450 bps; $20 million revolver talked at Libor plus 450 bps; help fund buyout by Leeds Equity Partners; West Chester, Pa., operator of private preschools, elementary schools, middle schools and K-12 online distance learning.

OCWEN FINANCIAL CORP.: $575 million five-year senior secured term loan (B1/B) at Libor plus 550 bps, 1.5% Libor floor, OID 98, 101 soft call; Barclays; help fund acquisition of Litton Loan Servicing LP; Atlanta-based provider of residential and commercial loan servicing, special servicing and asset management services.

OMNICARE INC.: $750 million five-year unsecured credit facility (Baa3/BBB-); SunTrust, JPMorgan, Barclays and Goldman Sachs; $300 million revolver talked at Libor plus 250 bps; $450 million term loan talked at Libor plus 250 bps; refinance existing debt; Covington, Ky., pharmaceutical services company.

PHILLIPS PLASTICS CORP.: $245 million credit facility (B1/B); GE Capital and BNP Paribas; $45 million revolver at Libor plus 500 bps, 1.5% Libor floor, OID 99; $200 million term loan at Libor plus 500 bps, 1.5% Libor floor, OID 99; fund an acquisition; Hudson, Wis., outsource provider of design and manufacturing services to the commercial and medical device and drug delivery markets.

Q9 NETWORKS INC.: C$446 million credit facility; TD Securities leading first-lien, Barclays leading second-lien; C$40 million revolver; C$276 million first-lien term loan; C$130 million second-lien term loan; refinance debt and fund a recapitalization; Toronto-based provider of outsourced data centre infrastructure.

ROCK OHIO CAESARS LLC: $250 million credit facility (BB-); Credit Suisse and Deutsche Bank; $125 million term loan talked at Libor plus 650 bps, 1.5% Libor floor, OID 98, non-call two, 102, 101; $125 million delayed-draw term loan (not being syndicated); help fund the development of casinos in Cleveland and Cincinnati by joint venture formed by Rock Gaming LLC and Caesars Entertainment Corp.

SMART MODULAR TECHNOLOGIES INC.: $350 million credit facility; JPMorgan and UBS; $300 million six-year first-lien term B (B2/B+) talked at Libor plus 700 bps, 1.25% Libor floor, call protection 103, 102, 101; $50 million five-year first-lien first-out revolver (B1); help fund buyout by Silver Lake Partners and Silver Lake Sumeru; Newark, Calif., manufacturer of memory modules and solid state storage products.

SNL FINANCIAL LC: $205 million credit facility (B2/B+); Credit Suisse; $30 million five-year revolver; $175 million seven-year covenant-light term loan talked at Libor plus 600 bps, 1.25% Libor floor, OID 99, 101 soft call; help fund buyout by New Mountain Capital LLC; Charlottesville, Va., provider of sector-focused information services on the banking, financial services, insurance, real estate, energy, and media & communications industries.

STEAK 'N SHAKE: $160 million credit facility; Jefferies; $20 million three-year revolver; $140 million four-year term loan talked at Libor plus 450 bps, 1% Libor floor, OID 99; refinance existing debt and fund a return of capital to the parent; quick-service restaurant chain founded in Normal, Ill.

TEREX CORP.: $1.25 billion credit facility (Ba2/BB); Credit Suisse, Goldman Sachs, UBS and RBS; $500 million five-year revolver at Libor plus 450 bps, 1.5% Libor floor; $462 million six-year term B at Libor plus 400 bps, 1.5% Libor floor, OID 99, 101 soft call; $288 million six-year euro equivalent term B at Euribor plus 450 bps, 1.5% floor, OID 99, 101 soft call; help fund acquisition of Demag Cranes AG; Westport, Conn., diversified manufacturer.

UNIFRAX I LLC: $150 million term loan add-on (Ba3) talked at Libor plus 450 bps, 1.5% Libor floor, OID 991/2; Wells Fargo; fund acquisition of Saffil from Dyson Group plc; Niagara Falls, N.Y., supplier of high temperature insulation products.

U.S. COAL CORP.: $105 million six-year term loan (B2/B+) talked at Libor plus 600 bps, 1.5% Libor floor, OID 99, call protection 103, 102, 101; Credit Suisse; refinance existing debt; Lexington, Ky., producer of coal.

U.S. SECURITY ASSOCIATES INC.: $455 million credit facility (Ba3/B); Goldman Sachs, KeyBanc and Wells Fargo; $75 million five-year revolver at Libor plus 475 bps, 1.25% Libor floor; $75 million six-year delayed-draw term loan at Libor plus 475 bps, 1.25% Libor floor, OID 99, 150 bps ticking fee, 101 soft call; $305 million six-year term loan at Libor plus 475 bps, 1.25% Libor floor, OID 99, 101 soft call; help fund buyout by Goldman Sachs Private Equity; Roswell, Ga., security firm.

WATER PIK INC.: Expected close Aug. 8 week; $160 senior secured credit facility (B2/B); GE Capital; $20 million five-year revolver at Libor plus 525 bps, 1.5% Libor floor, OID 99; $140 million six-year term loan at Libor plus 525 bps, 1.5% Libor floor, OID 99, 101 soft call; refinance existing debt and fund a dividend; Fort Collins, Colo., developer and manufacturer of personal and oral health care products.

ON THE HORIZON

APAC CUSTOMER SERVICES INC.: New credit facility; help fund buyout by One Equity Partners; Bannockburn, Ill.-based provider of customer care services and solutions.

BJ'S WHOLESALE CLUB INC.: $2.575 billion senior secured credit facility; Deutsche Bank, Citigroup, Barclays, Jefferies, GE Capital and Wells Fargo; $900 million asset-based facility; $1.25 billion first-lien term loan; $425 million second-lien term loan; help fund buyout by Leonard Green & Partners LP and CVC Capital Partners; Westborough, Mass., operator of warehouse clubs.

BLACKBOARD INC.: $1.15 billion senior secured credit facility; Bank of America, Deutsche Bank and Morgan Stanley; $100 million five-year revolver expected at Libor plus Libor plus 450 bps; $700 million seven-year first-lien term loan expected at Libor plus 475 bps, 1.5% Libor floor; $350 million eight-year second-lien term loan expected at Libor plus 800 bps, 1.5% Libor floor; help fund buyout by Providence Equity Partners; Washington, D.C.-based provider of enterprise software applications and related services to the education industry.

CHINA FIRE & SECURITY GROUP INC.: $80 million five-year credit facility; Bank of America, Citigroup and HSBC; $20 million revolver expected at Libor plus 500 bps; $60 million term loan expected at Libor plus 500 bps; help fund buyout by Bain Capital Partners LLC and management; provider of industrial fire protection systems in China.

CONVERGEX HOLDINGS LLC: New credit facility; Bank of America, Barclays, Deutsche Bank, Morgan Stanley and Citigroup; help fund buyout by CVC Capital Partners from GTCR; New York-based technology company providing mission-critical proprietary software products and technology-enabled services to asset managers and financial intermediaries.

COSTAR GROUP INC.: $465 million credit facility; JPMorgan; $415 million seven-year term loan expected at Libor plus 350 bps, 1.25% Libor floor; $50 million five-year revolver expected at Libor plus 300 bps; help fund acquisition of LoopNet Inc.; Washington, D.C.-based commercial real estate information company.

DIAMOND FOODS INC.: $1.75 billion in credit facilities; Bank of America; $300 million five-year term A at Diamond expected at Libor plus 250 bps; $400 million five-year revolver at Diamond expected at Libor plus 250 bps, 35 bps unused fee; $375 million five-year term A at Pringles expected at Libor plus 250 bps; $675 million seven-year term B at Pringles expected at Libor plus 325 bps, 1% Libor floor; repay existing bank debt, fund working capital and other general corporate purposes, and help fund merger with Pringles Co.; San Francisco-based packaged food company.

EMDEON INC.: $1.325 billion senior secured credit facility; Bank of America, Barclays and Citigroup; $125 million revolver; $1.2 billion term loan; help fund buyout by Blackstone Capital Partners VI LP; Nashville, Tenn., provider of revenue and payment cycle management services, connecting payers, providers and patients in the health care system.

GO DADDY GROUP INC.: New debt financing; Barclays, Deutsche Bank, RBC and KKR; help fund investment and partnership with KKR, Silver Lake and Technology Crossover Ventures; Scottsdale, Ariz., provider of web hosting and domain names.

HUSSMANN INTERNATIONAL INC.: $200 million secured term loan; GE Capital, ING, Rabobank, BMO, RBC and Natixis; help fund buyout of majority stake by Clayton, Dubilier & Rice LLC from Ingersoll-Rand plc; Bridgeton, Mo.-based manufacturer, seller, installer and servicer of refrigerated display merchandising equipment and refrigeration systems.

KINETIC CONCEPTS INC.: $2.8 billion senior secured credit facility; Bank of America, Morgan Stanley and Credit Suisse; $2.6 billion term loan; $200 million revolver; help fund buyout by Apax Partners, Canada Pension Plan Investment Board and the Public Sector Pension Investment Board; San Antonio, Texas, medical technology company.

NTELOS WIRELINE ONC INC.: New senior secured credit facility including revolver; fund a working capital cash reserve and make a payment to Ntelos Holdings Corp. in connection with spin-off; Waynesboro, Va., wireline communications business.

OPEN TEXT INC.: $900 million senior secured credit facility (Ba1); Barclays and RBC; $100 million revolver; $200 million delayed-draw term A; $600 million term B; add cash to the balance sheet, refinance existing bank debt and for working capital purposes; Waterloo, Ont., enterprise software company.

STAFFMARK HOLDINGS INC.: $150 million five-year secured revolver at Libor plus 200 bps to 250 bps; SunTrust and Harris; in connection with IPO; refinance existing facility; Cincinnati-based provider of light industrial, clerical and specialty temporary staffing.

WEB.COM: $800 million credit facility; JPMorgan, Deutsche Bank, Goldman Sachs and SunTrust; $50 million revolver expected at Libor plus 425 bps; $600 million first-lien term B expected at Libor plus 425 bps; $150 million second-lien term loan expected at Libor plus 800 bps; help fund acquisition of Network Solutions; Jacksonville, Fla., provider of internet and online marketing services.

WESTERN DIGITAL CORP.: $2.5 billion senior unsecured credit facility; Bank of America; $500 million revolver; $2 billion five-year term loan; help fund acquisition of Hitachi Global Storage Technologies from Hitachi Ltd., refinance existing bank debt and for general corporate purposes; Irvine, Calif., designer and producer of hard drives and solid state drives.

WII COMPONENTS INC.: New senior secured credit facility; help fund tender for notes; St. Cloud, Minn., manufacturer of hardwood cabinet doors, hardwood components and engineered wood products.

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

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