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Published on 3/26/2013 in the Prospect News Bank Loan Daily.

Bank Loan Calendar: $54.5295 billion deals being marketed

March Bank Meetings

CENVEO CORP.: Lender call March 27; $360 million seven-year term loan; BofA Merrill Lynch, Macquarie Capital; springing maturity and a 101 soft call; refinancing; Stamford, Conn.-based manager and distributor of print and related products and services.

LIVINGSTON INTERNATIONAL INC.: Bank meeting in New York March 27; $535 million credit facility; RBC and Morgan Stanley; $125 million five-year revolver (B1/B); $300 million six-year first-lien term loan (B1/B); $110 million seven-year second-lien term loan (Caa1/CCC+); refinance existing bank and bond debt; Toronto-based provider of consulting and trade management services and international freight forwarding.

RANPAK CORP.: Bank meeting March 26; $470 million credit facility; Goldman Sachs; $20 million five-year revolver; $300 million six-year first-lien term B (B2.B), price talk Libor plus 350 to 375 bps with a 1.25% Libor floor at 99.50, with a 101 soft call; also $150 million seven-year second-lien term loan (Caa2/CCC+), price talk Libor plus 775 to 800 bps with a 1.25% Libor floor at 98.5, callable at 103 in year one; refinance existing debt and fund a dividend; Concord Township, Ohio, producer of protective paper packaging materials and systems.

STARWOOD PROPERTY TRUST, INC.: Bank meeting March 28; $300 million seven-year first lien covenant-lite term loan; Credit Suisse Securities LLC; 101 soft call in year 1; to fund the acquisition of LNR Property, LLC and general corporate purposes; Greenwich, Conn.-based commercial real estate finance company.

TW TELECOM, INC.: Lender call March 28; $570 million credit facilities; $100 million five-year revolver and $470 million seven-year term loan B; Well Fargo Securities LLC; to refinance debt; Littleton, Colo.-based provider of managed data, internet and voice networking solutions to businesses and large organizations.

April Bank Meetings

SECURUS TECHNOLOGIES: Bank meeting expected early April; $540 million credit facility; Deutsche Bank and BNP Paribas; $50 million five-year revolver; $335 million seven-year first-lien term loan; $155 million eight-year second-lien term loan; help fund buyout by ABRY Partners; Dallas-based provider of inmate communications services and investigative technologies.

Upcoming Closings

4L HOLDINGS: $85 million incremental term B talked at Libor plus 550 bps, 1.25% Libor floor; Ottawa, Ill., electronics company.

ABILITY NETWORK INC.: $130 million credit facility; GE Capital; $15 million five-year revolver talked at Libor plus 450 bps to 475 bps, 1.25% Libor floor, OID 99; $115 million six-year term loan talked at Libor plus 450 bps to 475 bps, 1.25% Libor floor, OID 99; help fund merger with Ivans; Minneapolis-based health care technology company.

ALERE INC.: $1.36 billion in term B debt talked at Libor plus 325 bps, 1% Libor floor; GE Capital; repricing; Waltham, Mass., provider of near-patient diagnosis, monitoring and health management.

AMERICAN PETROLEUM TANKERS PARENT LLC: $280 million senior secured credit facility (B2/BB-); Bank of America $10 million five-year revolver; $270 million 61/2-year term loan talked at Libor plus 400 bps, 1.25% Libor floor, OID 99, 101 soft call for six months; redeem notes; Plymouth Meeting, Pa., provider of marine transportation services for refined petroleum products, crude oil and chemicals.

APPLIED SYSTEMS INC.: $621 million in term loans; Credit Suisse; $446 million first-lien term loan (including $75 million add-on) due December 2016 talked at Libor plus 325 bps, 1% Libor floor, OID 99½ on new money, 101 soft call for six months; $175 million second-lien term loan due June 2017 talked at Libor plus 725 bps, 1% Libor floor, 101 soft call; repricing and acquisition financing; University Park, Ill., software provider for the insurance industry.

APRIA HEALTHCARE GROUP INC.: $750 million term B (BB) talked at Libor plus 450 bps, 1.25% Libor floor, OID 99, 101 soft call; Bank of America, Goldman Sachs, Barclays, Wells Fargo and Macquarie; refinance bonds; Lake Forest, Calif., home health care services company.

ARRIS GROUP INC.: $2.175 billion senior secured credit facility (Ba3); Bank of America Merrill Lynch and RBC; $250 million five-year revolver; $1.1 billion five-year term A at Libor plus 225 bps; $825 million seven-year term B at Libor plus 275 bps, step-down to Libor plus 250 bps when leverage is less than 2.5x, 0.75% Libor floor, OID 993/4, 101 soft call; help fund the acquisition of the Motorola Home business from Motorola Mobility; Suwanee, Ga., communications technology company.

ATKINS NUTRITIONALS HOLDINGS II INC.: $425 million credit facility; Credit Suisse; $20 million revolver (B1/B-); $280 million six-year first-lien term loan (B1/B-) talked at Libor plus 500 bps, 1.25% Libor floor, OID 99, 101 soft call; $125 million 61/2-year second-lien term loan (Caa1/CCC) talked at Libor plus 850 bps, 1.25% Libor floor, OID 98, call protection 103, 102, 101; refinance existing debt and fund a dividend; Denver-based weight management brand.

AVI-SPL: $174 million credit facility; GE Capital; $30 million five-year revolver talked at Libor plus 400 bps, 1% Libor floor, OID 99; $144 million six-year term loan talked at Libor plus 400 bps, 1% Libor floor, OID 99; dividend recapitalization; Tampa, Fla., video communications provider.

BBB INDUSTRIES LLC: Expected close March 27; $240 million credit facility; GE Capital; $35 million five-year revolver at Libor plus 425 bps, 1.25% Libor floor, OID 98; $205 million six-year term loan at Libor plus 425 bps, 1.25% Libor floor, OID 99, 101 soft call; refinance existing debt; Mobile, Ala., manufacturer and distributor of vehicle aftermarket replacement parts.

BELFOR USA GROUP INC.: $520 million credit facility (Ba3/BB-); JPMorgan; $170 million five-year revolver; $150 million five-year term A; $200 million six-year term B talked at Libor plus 275 bps, 1% Libor floor, OID 99¼ to 991/2, 101 soft call; refinance existing debt; damage recovery and restoration provider.

BERLIN PACKAGING: $600 million credit facility; Bank of America and Deutsche Bank; $40 million five-year revolver (B1/B+); $385 million six-year first-lien term loan (B1/B+) talked at Libor plus 375 bps to 400 bps, 1.25% Libor floor, OID 99, 101 soft call; $175 million seven-year second-lien term loan (Caa1/CCC+) talked at Libor plus 775 bps, 1.25% Libor floor, OID 98, call protection 103, 102, 101; refinance existing debt and fund a dividend; Chicago-based supplier of plastic, glass, and metal containers and closures.

CALIFORNIA PIZZA KITCHEN: Expected close March 29; $400 million five-year credit facility; GE Capital and Jefferies; $30 million revolver at Libor plus 425 bps, 1% Libor floor, OID 993/4; $370 million term loan at Libor plus 425 bps, 1% Libor floor, OID 993/4, 101 soft call for six months; refinance existing first- and second-lien debt and a pay a dividend; Playa Vista, Calif., casual dining chain and a distributor of frozen food products.

CAPITAL AUTOMOTIVE LP: $1.7 billion senior secured credit facility (B+); Barclays; $200 million revolver; $1.5 billion term B talked at Libor plus 325 bps, step-down to Libor plus 300 bps upon paydown and leverage test, 1% Libor floor, OID 991/2, 101 soft call; refinance existing credit facility; McLean, Va., provider of sale-leaseback capital to the automotive retail industry.

CBRE SERVICES INC.: $1.915 billion credit facility (Ba1/BB); Credit Suisse, Bank of America, JPMorgan, Wells Fargo, RBS, HSBC, Barclays and Scotia Capital; $1.2 billion five-year revolver at Libor plus 200 bps; $500 million five-year term A at Libor plus 200 bps; $215 million eight-year term B at Libor plus 275 bps; refinance existing debt; Los Angeles-based real estate services and asset management firm.

CEDAR BAY GENERATING CO. LP: $250 million seven-year senior secured term loan (Ba3/BB) talked at Libor plus 500 bps, 1.25% Libor floor, OID 99, non-call six months, 101 soft call 12 months thereafter; Barclays and Morgan Stanley; refinance existing debt, fund a debt service reserve account and repay some subordinated debt; coal-fired power plant in Jacksonville, Fla.

COOPER GAY SWETT & CRAWFORD LTD.: $500 million senior secured credit facility; Morgan Stanley, JPMorgan, RBC and Wells Fargo; $75 million five-year revolver (B); $280 million seven-year first-lien term loan (B) talked at Libor plus 400 bps to 425 bps, 1.25% Libor floor, OID 99, 101 soft call; $145 million 71/2-year second-lien term loan (CCC+) talked at Libor plus 725 bps to 750 bps, 1.25% Libor floor, OID 98, call protection 103, 102, 101; refinance existing debt; London-based wholesale & reinsurance broker.

COVANTA ENERGY CORP.: Term B talked at Libor plus 275 bps, 0.75% Libor floor, 101 soft call for six months; Bank of America; repricing; Morristown, N.J., owner and operator of energy-from-waste and power generation projects.

CROWN MEDIA HOLDINGS INC.: $172 million term B due July 2018 talked at Libor plus 325 bps to 350 bps, 1% Libor floor, OID 993/4,101 soft call; JPMorgan; refinance existing term B; Studio City, Calif.-based owner and operator of pay television channels.

DEL TACO LLC: $215 million credit facility (B2/B); GE Capital; $40 million five-year revolver talked at Libor plus 500 bps, 1.25% Libor floor, OID 99; $175 million 51/2-year term loan talked at Libor plus 500 bps, 1.25% Libor floor, OID 99, 101 soft call for six months; refinance existing debt; Lake Forest, Calif., operator and franchiser of restaurants.

DONCASTERS GROUP LTD.: Roughly $1.16 billion of covenant-light term loans; Credit Suisse, Bank of America and JPMorgan; $535 million seven-year first-lien term loan (B2/B) talked at Libor plus 425 bps, 1.25% Libor floor, OID 99, 101 soft call; £200 million seven-year first-lien term loan (B2/B) talked at Libor plus 475 bps, 1.25% Libor floor, OID 99, 101 soft call; $325 million 71/2-year second-lien term loan (Caa2/CCC+) talked at Libor plus 825 bps, 1.25% Libor floor, OID 98, call protection 103, 102, 101; refinance existing debt; U.K.-based manufacturer of complex precision components.

DUFF & PHELPS CORP.: $424 million senior secured credit facility (B1/B); Credit Suisse, Barclays and RBC; $75 million five-year revolver; $349 million seven-year first-lien covenant-light term loan at Libor plus 350 bps, 1% Libor floor, OID 993/4, 101 soft call for six months; help fund buyout by Carlyle Group, Stone Point Capital LLC, Pictet & Cie and Edmond de Rothschild Group; New York-based financial advisory and investment banking firm.

EMG UTICA LLC: $325 million seven-year senior secured term loan (B2/B) Libor plus 375 bps with a 1% Libor floor at 99.50 (revised from Libor plus 450 bps, 1.25% Libor floor, OID 99); 101 soft call; Credit Suisse and Citigroup; help fund growth capital expenditures associated with the development of the Utica EMG joint venture and to pre-fund interest during the construction period; developer of midstream infrastructure on behalf of natural gas producers operating throughout the Utica Shale formation in Ohio.

EVERTEC GROUP LLC: $800 million senior secured credit facility (B1/B+); JPMorgan; $100 million five-year revolver; $300 million five-year term A; $400 million seven-year term B talked at Libor plus 300 bps, 1% Libor floor, OID 993/4, 101 soft call for six months; refinance credit facility and notes, and general corporate purposes; Puerto Rico-based full-service transaction processing business.

EZE SOFTWARE GROUP: $580 million credit facility; Bank of America, Morgan Stanley, Deutsche Bank, Goldman Sachs and Jefferies; $75 million five-year revolver (B1/B+); $335 million seven-year first-lien term loan (B1/B+) at Libor plus 350 bps, 1.25% Libor floor, OID 991/2, 101 soft call; $170 million eight-year second-lien term loan (Caa1/CCC+) at Libor plus 750 bps, 1.25% Libor floor, OID 99, call protection 102, 101; help fund buyout by TPG from ConvergEx Group; provider of investment technology to support the front, middle and back office.

FENDER MUSICAL INSTRUMENTS CORP.: $200 million six-year term B (B2/B) talked at Libor plus 500 bps, 1.25% Libor floor, OID 99, 101 soft call; JPMorgan; refinance existing term B; Scottsdale, Ariz., maker of music instruments.

GEO GROUP INC.: $1 billion credit facility (Ba3/BB); BNP Paribas; $700 million revolver; $300 million term B at Libor plus 250 bps, 0.75% Libor floor, 101 soft call for six months; refinance existing debt; Boca Raton, Fla., provider of correctional, detention and community reentry services.

HAAS GROUP INTERNATIONAL: $210 million credit facility; Bank of Ireland; $30 million revolver talked at Libor plus 425 bps, OID 99 area; $180 million term B talked at Libor plus 425 bps, 1% Libor floor, OID 99 area; refinance existing debt and fund a dividend; chemical supply chain management services company and a distributor of aerospace chemicals and consumables.

HERTZ GLOBAL HOLDINGS INC.: Repricing approximately $1.375 billion Libor plus 275 bps covenant-lite term loan due March 2018 (Ba1/BB); Deutsche Bank Securities Inc., Well Fargo Securities LLC; existing loan has a 101 six-month soft call; proceeds were used to help fund the acquisition of Dollar Thrifty Automotive Group; Park Ridge, N.J.-based auto and equipment rental company; bank meeting March 25.

H.J. HEINZ CO.: $11.5 billion senior secured credit facility (Ba2/BB/BB+); JPMorgan, Wells Fargo, Barclays and Citigroup; $2 billion revolver; $9.5 billion of term debt, split between six-year term B-1 at Libor plus 225 bps, step-down to Libor plus 200 bps at less than 2.1x net first-lien leverage, 1% Libor floor, OID 991/2, 101 soft call, and a seven-year term B-2 talked at Libor plus 250 bps, step-down to Libor plus 225 bps at less than 2.1x net first-lien leverage, 1% Libor floor, OID 99½ to 993/4, 101 soft call for two years; help fund acquisition by Berkshire Hathaway and 3G Capital; Pittsburgh-based food product company.

HOSTESS SNACKS: $560 million credit facility; Credit Suisse and UBS; $60 million ABL revolver; $500 million seven-year first-lien covenant-light term loan at Libor plus 550 bps, 1.25% Libor floor, OID 99, non-call two, 102, 101; fund purchase of the baked snack foods business from Hostess Brands Inc. by Apollo Global Management LLC and Metropoulos & Co. and general corporate purposes; fresh-baked sweet good company.

HUB INTERNATIONAL HOLDINGS: Expected close April 24; $1.125 billion term loan (including $297 million add-on) due June 13, 2017 talked at Libor plus 375 bps, 101 soft call for six months; Morgan Stanley, Bank of America and RBC; repricing, repaying some existing bank debt and taking out preferred equity; Chicago-based insurance company.

IENERGIZER: $140 million six-year term loan (B2/B) talked at Libor plus 500 bps to 550 bps, 1.25% Libor floor, OID 99, 101 soft call; Jefferies; refinance third-party loans; Guernsey-based business process outsourcing firm.

ISS A/S: $350 million term B at Libor plus 275 bps, 1% Libor floor, OID 993/4, 101 soft call; Goldman Sachs, Deutsche Bank, Nordea and UBS; also €380 million term A; refinance a second-lien loan; Copenhagen-based facilities services company.

KCA DEUTAG FINANCE SARL: $400 million six-year term loan (B3/B) talked at Libor plus 575 bps to 600 bps, 1.25% Libor floor, OID 99, soft call 102, 101; JPMorgan, Bank of America, HSBC, Lloyds and Morgan Stanley; refinance existing debt; Scotland-based provider of oilfield services.

LIGHTOWER FIBER NETWORKS (LTS BUYER LLC): $1.425 billion credit facility; JPMorgan (left lead on first-lien), Morgan Stanley (left lead on second-lien) and SunTrust; $125 million five-year revolver (B1/B); $1.05 billion seven-year first-lien term loan (B1/B) talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; $250 million eight-year second-lien term loan (Caa1/CCC+) talked at Libor plus 750 bps, 1.25% Libor floor, OID 98½ to 99, call protection 103, 102, 101; help fund acquisition of Sidera Networks; Boxborough, Mass., metro fiber and bandwidth provider.

MILACRON LLC: $245 million seven-year term B (B1/B) at Libor plus 325 bps, 1% Libor floor, OID 991/2, 101 soft call; JPMorgan, Bank of America, Barclays, Credit Suisse and RBC; help fund the acquisition of Mold-Masters from 3i Group plc; Cincinnati-based plastics processing services provider.

MONEYGRAM INTERNATIONAL INC.: $975 million credit facility (B1/BB-); Bank of America, Wells Fargo, JPMorgan, Deutsche Bank and Credit Agricole; $850 million seven-year covenant-light term B talked at Libor plus 325 bps, 1% Libor floor, at par (contemplated 99 to 99½ discount is eliminated), 101 soft call; $125 million five-year revolver; refinance notes and existing term loans; Dallas-based provider of money transfer and payment services.

MONITRONICS INTERNATIONAL INC.: Term loan talked at Libor plus 325 bps to 350 bps, 1.25% Libor floor; Bank of America; repricing; Dallas-based alarm monitoring company.

NAVISTAR INC.: $700 million Libor plus 450 bps term B (BB-) due Aug. 17, 2017 (revised from 475 bps to 500 bps), 1.25% Libor floor, 101 hard call for two years; JPMorgan; help refinance existing term B; Lisle, Ill., manufacturer and seller of commercial and military trucks, buses, and diesel engines and a provider of service parts for trucks and trailers.

NEENAH ENTERPRISES INC.: $250 million credit facility; GE Capital on term loan, GE and Wells Fargo on revolver; $100 million five-year ABL revolver; $150 million 31/2-year term B (B) talked at Libor plus 500 bps, 1.25% Libor floor, OID 99; refinance existing debt and fund a dividend; Neenah, Wis., manufacturer and marketer of iron castings and steel forgings.

NEWWAVE COMMUNICATIONS: $221 million credit facility; SunTrust and Goldman Sachs; $15 million revolver (B2/BB-); $140 million first-lien term loan (B2/BB-) talked at Libor plus 450 bps, 1.25% Libor floor, OID 99 to 991/2, 101 soft call; $66 million second-lien term loan (Caa2/B-) talked at Libor plus 850 bps, 1.25% Libor floor, OID 98 to 981/2, call protection 103, 102, 101; help fund buyout by GTCR from Pamlico Capital; Sikeston, Mo., broadband/cable company.

PANDA TEMPLE II: $372 million six-year term B (B) talked at Libor plus 675 bps, 1.25% Libor floor, OID 981/2, non-call two, 102, 101; Goldman Sachs and Credit Suisse; construct a new 758-megawatt natural gas-fueled, combined-cycle power plant in Temple, Texas.

PHILADELPHIA ENERGY SOLUTIONS REFINING AND MARKETING LLC: $500 million five-year term B (B1/BB-) talked at Libor plus 500 bps, 1.25% Libor floor, OID 98, non-call one, 102, 101; JPMorgan; general corporate purposes and fund a dividend; Philadelphia-based owner and operator of a refinery complex.

PLAZE INC.: $272 million credit facility; GE Capital; $25 million revolver ($5 million of which is Canadian) talked at Libor plus 375 bps, 1.25% Libor floor, OID 99; $179 million term loan ($19.5 million of which is Canadian) talked at Libor plus 375 bps, 1.25% Libor floor, OID 99; $68 million delayed-draw term loan talked at Libor plus 375 bps, 1.25% Libor floor, OID 99; refinance existing debt; St. Clair, Mo., full-service contract aerosol and liquid packager.

POLYCONCEPT: $540 million credit facility; JPMorgan; $100 million five-year super-priority revolver (Ba2/BB-); $440 million seven-year senior secured term B (B2/B) talked at Libor plus 525 bps to 550 bps, 1.25% Libor floor, OID 98½ to 99, 101 soft call; refinance existing credit facility; Netherlands-based promotional products supplier.

RADNET INC.: Roughly $389 million senior secured term loan (B+) (including $40 million add-on) due Oct. 10, 2018 talked at Libor plus 325 bps to 350 bps, 1.25% Libor floor, OID 99½ on add-on, 101 soft call; Barclays; reprice existing term loan, repay revolver debt and general corporate purposes; Los Angeles-based owner and operator of fixed-site diagnostic imaging centers.

REDDY ICE CORP.: $395 million of term loans; JPMorgan and Jefferies; $50 million revolver (B1/B); $225 million six-year first-lien term loan (B1/B) talked at Libor plus 550 bps to 575 bps, 1.25% Libor floor, OID 981/2, 101 soft call; $120 million 61/2-year second-lien term loan talked at Libor plus 950 bps to 975 bps, 1.25% Libor floor, OID 98, call protection 103, 102, 101; refinance existing debt and general corporate purposes; Dallas-based manufacturer and distributor of packaged ice products.

RICE DRILLING B LLC: $300 million 51/2-year senior secured second-lien term loan talked at Libor plus 725 bps to 750 bps, 1.25% Libor floor, OID 98 to 99, call protection 102, 101; Barclays; repay existing debt, redeem convertibles and general corporate purposes; Canonsburg, Pa., natural gas exploration and production company.

ROCK OHIO CAESARS (ROC FINANCE LLC): $570 million credit facility (BB-); Credit Suisse, Deutsche Bank and Wells Fargo; $35 million five-year revolver; $535 million six-year first-lien covenant-light term loan at Libor plus 375 bps, 1.25% Libor floor, OID 991/2, 101 soft call; refinance existing first-lien debt and fund the acquisition of the Higbee Building; casino operator in the Midwest.

ROVI CORP.: $540 million refinancing of term loan due March 2019 (existing ratings Ba2/BB) talked at Libor plus 250 to 275 bps with a 0.75% Libor floor at 99.75 (current pricing is Libor plus 300 bps with a 1% Libor floor); J.P. Morgan Securities LLC; proceeds were used to refinance debt and put cash on the balance sheet; Santa Clara, Calif.-based provider of digital entertainment solutions, including interactive program guides, licensing technology, media recognition technology and content protection; lender call 2 p.m. ET on March 26.

RUBY WESTERN PIPELINE HOLDINGS: Expected close March 27; $500 million senior secured seven-year term loan (Ba2/BB+) at Libor plus 250 bps, 1% Libor floor, OID 991/2, 101 soft call; Barclays and Credit Suisse; fund a distribution to the sponsors and a six-month debt service reserve; holding company with a 50% ownership of the Western US FERC-regulated Ruby Pipeline from Wyoming to Oregon that is a joint venture with Kinder Morgan.

SCARLETT'S PEARL CASINO RESORT: $172.5 senior secured credit facility; Jefferies; $10 million priority revolver; $162.5 million term B; fund the construction of Scarlett's Pearl Casino Resort in D'lberville, Miss.

SINCLAIR TELEVISION GROUP INC.: $1 billion credit facility (Baa3/BB+); JPMorgan, Wells Fargo and SunTrust; $100 million five-year revolver; $500 million five-year term A talked at Libor plus 225 bps; $400 million seven-year term B talked at Libor plus 250 bps to 275 bps, 0.75% Libor floor, OID 993/4, 101 soft call for six months; refinance existing bank debt and help fund the acquisitions of stations owned by Barrington Broadcasting Group LLC and stations owned by COX Media Group; Hunt Valley, Md., television broadcasting company.

SRAM LLC: $675 million term B (B1/BB-) due 2020 talked at Libor plus 325 bps, 1% Libor floor, OID 991/2, 101 soft call; JPMorgan; refinance existing first-lien term loan and some second-lien term loan; Chicago-based bicycle components company.

STAR WEST GENERATION LLC: $850 million senor secured credit facility (Ba3/BB-); Citigroup, Barclays, Morgan Stanley, RBC and Union Bank (only on revolver); $100 million five-year revolver; $750 million seven-year term B at Libor plus 400 bps, 1% Libor floor, OID 991/2, 101 soft call; refinance existing debt in connection with merger with GWF Energy LLC; Houston-based owner of power generations plants.

STEWARD HEALTH CARE SYSTEM LLC: $250 million seven-year term loan B; J.P. Morgan Securities LLC; to refinance ABL borrowings, pre-fund acquisitions and fund capital expenditures; Boston-based health care system; lender meeting March 27.

SURGERY CENTER HOLDINGS INC.: $465 million credit facility; JPMorgan; $30 million five-year revolver (B1/B); $305 million six-year first-lien term loan (B1/B) talked at Libor plus 450 bps to 475 bps, 1.25% Libor floor, OID 99, 101 soft call for six months; $130 million seven-year second-lien term loan (Caa2/CCC+) talked at Libor plus 775 bps to 800 bps, 1.25% Libor floor, OID 98 to 981/2, call protection 103, 102, 101; refinance existing debt and return capital to shareholders; Chicago-based operator of ambulatory surgery centers.

TELESAT CANADA: Expected close April 2; $1.886 billion in term loans; JPMorgan, Credit Suisse, Morgan Stanley and UBS; $1.712 billion U.S. term B due March 2019 talked at Libor plus 275 bps to 300 bps, 0.75% Libor floor, OID 993/4, 101 soft call; $174 million Canadian term B due March 2019 talked at BA plus 325 bps to 350 bps, 1% floor, OID 993/4, 101 soft call; refinance existing term Bs; Ottawa-based fixed satellite services operator.

TI GROUP AUTOMOTIVE LLC: $900 million Libor plus 425 bps six-year term B, 1.25% Libor floor, OID 99, 101 soft call (upsized from $850 million; talk was Libor plus 450 bps to 475 bps); also $100 million five-year ABL revolver; JPMorgan; refinance existing term B and fund a dividend; Auburn Hills, Mich., automotive supplier with a focus on fluid storage, transfer and delivery technology.

TRUSTHOUSE SERVICES GROUP: $210 million credit facility; CIT; $25 million five-year revolver; $30 million six-year delayed-draw term loan; $155 million six-year term B talked at Libor plus 450 bps, 1.25% Libor floor, OID 99; fund buyout by Elior; Charlotte, N.C., provider of on-site contract foodservices.

U.S. SHIPPING CORP.: $220 million five-year senior secured term loan B; UBS Securities LLC (left lead), BofA Merrill Lynch (joint bookrunner) to refinance debt; Edison, N.J.-based provider of long-haul marine transportation services; bank meeting 10 a.m. ET on March 27.

UTEX INDUSTRIES INC.: $490 million credit facility; Bank of America, BNP Paribas, Societe Generale and UBS; $50 million five-year revolver (B2/B); $300 million seven-year first-lien term loan (B2/B), 101 soft call; $140 million eight-year second-lien term loan (Caa2/CCC+), call protection 103, 102, 101; help fund buyout by Riverstone Holdings LLC from Rhone Capital LLC; Houston-based manufacturer of engineered sealing and other specialty products used in oil and gas drilling and production, power, mining, water treatment and other industrial sectors.

VANTAGE DRILLING CO.: $550 million credit facility; Citigroup, Bank of America, Deutsche Bank, Jefferies and RBC on term loan, RBC leading revolver; $350 million six-year term loan (B3) at Libor plus 450 bps, 1.25% Libor floor, OID 981/2, non-call two years; $200 million amended and restated revolver due April 25, 2017 at Libor plus 350 bps; refinance existing first-lien notes; Houston-based offshore drilling contractor.

VERTAFORE INC.: $695 million credit facility; Credit Suisse, Bank of America, Barclays and RBC; $75 million revolver due April 2018; $620 million first-lien covenant-light term loan due October 2019 talked at Libor plus 325 bps to 350 bps, 1% Libor floor, OID 991/2, 101 soft call; reprice and extend existing credit facility; Bothell, Wash., provider of software and information to the insurance distribution channel.

VIRGIN MEDIA INVESTMENT HOLDINGS LTD.: $2.755 billion senior secured seven-year term B (Ba3/BB-) at Libor plus 275 bps, 0.75% Libor floor, OID 991/2, 101 soft call for six months; Credit Suisse, BNP Paribas, Bank of America, Barclays and Deutsche Bank; also £600 million senior secured seven-year term B (Ba3/BB-) at Libor plus 375 bps, 0.75% Libor floor, OID 991/2, 101 soft call for six months; help fund acquisition by Liberty Global Inc.; New York-based provider of broadband, television, mobile phone and home phone services.

WEIGHT WATCHERS INTERNATIONAL INC.: $2.4 billion term B (Ba1/BB) due March 2020 talked at Libor plus 300 bps, 0.75% Libor floor, OID 99 to 991/2, 101 soft call; JPMorgan, Bank of America, HSBC, Scotia Capital and U.S. Bank; repay existing term loans; New York-based provider of weight management services.

WIDEOPENWEST FINANCE LLC: $1.91 billion of term loans (B1); JPMorgan, Credit Suisse, Morgan Stanley, RBC, SunTrust and Bank of Tokyo-Mitsubishi; $400 million term B-1 due July 2017 talked at Libor plus 325 bps, 1% Libor floor, 101 soft call for six months; roughly $1.51 billion term B due March 2019 talked at Libor plus 375 bps, 1% Libor floor, 101 soft call; refinance existing term B; Denver-based provider of residential and commercial high-speed internet, cable television and telephone services.

On The Horizon

CHARTER COMMUNICATIONS INC.: $1.5 billion term loan; Credit Suisse and Goldman Sachs; help fund acquisition of Bresnan Broadband Holdings LLC from Cablevision Systems Corp.; St. Louis-based broadband communications company.

DELL INC.: $7.5 billion credit facility; Bank of America, Barclays, Credit Suisse and RBC; $2 billion ABL facility; $4 billion senior secured term B; $1.5 billion senior secured term C; help fund buyout by Michael Dell, founder, chairman and chief executive officer, and Silver Lake Round Rock, Texas, provider of technology and business services.

ERICKSON-AIR CRANE INC.: At least $460 million in debt; $310 million funded debt; minimum $50 million revolver; refinance existing debt and help fund acquisitions of Evergreen Helicopters Inc. from Evergreen International Aviation Inc. and Air Amazonia aerial services business from HRT Participacoes em Petroleo SA; Portland, Ore., operator and manufacturer of the powerful heavy-lift Erickson S-64 Aircrane helicopter.

GARDNER DENVER INC.: $2.725 senior secured credit facility; UBS, Barclays, Citigroup, Deutsche Bank, RBC, Mizuho and KKR; $400 million five-year revolver; $1.8 billion seven-year term B; $525 million seven-year euro term B; help fund buyout by Kohlberg Kravis Roberts & Co. LP; Wayne, Pa., manufacturer of industrial compressors, blowers, pumps, loading arms and fuel systems.

GETCO HOLDING CO. LLC: $470 million senior secured first-lien credit facility; Jefferies; $20 million four-year revolver expected at Libor plus 550 bps, 1.25% Libor floor, 50 bps unused fee; $450 million 41/2-year term loan expected at Libor plus 550 bps, 1.25% Libor floor, 101 soft call; help fund merger with Knight Capital Group Inc.; Chicago-based buyer and seller of securities.

GRIFFON CORP.: $225 million five-year revolver; JPMorgan; refinance existing revolver; New York-based diversified management and holding company.

HECLA MINING CO.: $400 million three-year credit facility; Bank of Nova Scotia; $200 million term loan expected at Libor plus 300 bps to 450 bps based on leverage; $200 million revolver expected at Libor plus 300 bps to 450 bps based on leverage; help fund acquisition of Aurizon Mines Ltd.; Coeur d'Alene, Idaho-based silver producer.

HOT TOPIC INC.: $75 million ABL credit facility; Bank of America; help fund buyout by Sycamore Partners; City of Industry, Calif., mall and web based specialty retailer.

LIBERTY MEDIA CORP.: New loans; help fund purchase of some of Charter Communications Inc.'s shares and warrants; Englewood, Colo., owner of media, communications and entertainment businesses.

MSC INDUSTRIAL DIRECT CO. INC.: New five-year credit facility, including term loan; help fund acquisition of Barnes Group Inc.'s North American distribution business; Melville, N.Y.-based distributor of metalworking and maintenance, repair and operations supplies to industrial customers.

NIELSEN HOLDINGS NV: New debt financing; JPMorgan; fund acquisition of Arbitron Inc.; New York and Netherlands-based provider of information and insights into what consumers watch and buy.

PENN NATIONAL GAMING INC. and PROPCO: New credit facilities; in connection with spinoff of Penn National's gaming operating assets and real estate assets; refinance existing debt; Wyomissing, Pa., owner and operator of gaming and racing facilities.

PINNACLE ENTERTAINMENT INC.: $2.73 billion credit facility; JPMorgan and Goldman Sachs; $400 million five-year revolver at Ameristar; $200 million five-year term A at Ameristar; $990 million seven-year term B at Ameristar, expected 1% Libor floor; $410 million five-year revolver at Pinnacle; $730 million seven-year term loan, expected 1% Libor floor; help fund acquisition of Ameristar Casinos Inc.; Las Vegas-based owner and operator of casinos.

QUICKSILVER PRODUCTION PARTNERS OPERATING LLC: $750 million five-year secured revolver with pricing of Libor plus 175 bps to 275 bps based on usage; JPMorgan; in connection with initial public offering of common units; help pay a contribution to Quicksilver; Fort Worth, Texas, owner and acquirer of oil and gas properties.

SCIENTIFIC GAMES CORP.: $2.6 billion credit facility; Bank of America, Credit Suisse, UBS, JPMorgan, RBS, Deutsche Bank, Goldman Sachs and HSBC; $300 million five-year revolver expected at Libor plus 300 bps; $2.3 billion seven-year term loan expected at Libor plus 300 bps, 1% Libor floor, 101 soft call; help fund acquisition of WMS Industries Inc. and refinance bank debt; New York-based provider of customized, end-to-end gaming services to lottery and gaming organizations.

WARNER MUSIC GROUP CORP.: New senior secured term loan; Credit Suisse, Barclays, UBS, Macquarie and Nomura; fund acquisition of Parlophone Label Group; New York-based music content company.

WESTERN REFINING INC.: $900 million amended and restated five-year senior secured revolver expected at Libor plus 200 bps; El Paso, Texas, independent refining and marketing company.


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