Bank Loan Calendar: $21.2602 billion deals being marketed

September Bank Meetings

ACTIVISION BLIZZARD INC.: $2.5 billion senior secured credit facility (BBB); Bank of America and JPMorgan; $250 million five-year revolver expected at Libor plus 250 bps, 37.5 bps unused fee; $2.25 billion seven-year covenant-light term B expected at Libor plus 275 bps, 0.75% Libor floor, 101 soft call for six months; help fund stock buyback from Vivendi; Santa Monica Calif., interactive entertainment publishing company.

AIR CANADA: $800 million credit facility comprised of a $100 million revolver and a $700 million term loan: Citigroup; also $300 million secured notes; to help finance the tender offers and consent solicitations for its 9¼% senior secured notes due 2015, its 10 1/8% senior secured notes due 2015 and its 12% senior second-lien notes due 2016; Canada's largest domestic and international airline; lender call Sept. 9.

BELDEN INC.: Bank meeting Sept. 9; $650 million credit facility; Wells Fargo and JPMorgan; $400 million ABL revolver; $250 million seven-year covenant-light term B; refinance existing debt; St. Louis-based designer, manufacturer and seller of signal transmission solutions for industrial automation, data centers, broadcast studios and aerospace markets.

BIOMET INC.: Conference call Sept. 4; $865 million covenant-light term B due July 25, 2017 talked at Libor plus 375 bps, 101 soft call for six months; Bank of America, Goldman Sachs and JPMorgan; repay extended euro term B; Warsaw, Ind., manufacturer of musculoskeletal biomedical devices.

CPG INTERNATIONAL INC.: bank meeting Sept. 9; $625 million seven-year term loan B, $125 million five-year ABL revolver, $315 million bridge loan facility; Barclays (left lead administrative agent), J.P. Morgan Securities LLC, Deutsche Bank Securities Inc., RBS Capital Markets, UBS Investment Bank (joint books); to fund the LBO of the company by Ontario Teachers Pension Plan; Scranton, Pa.-based manufacturer of synthetic building products.

ENVISION PHARMACEUTICAL HOLDINGS INC.: $645 million credit facility; JPMorgan, Bank of America and Credit Suisse; $65 million five-year revolver; $405 million seven-year first-lien term loan (B2/B), price talk Libor plus 400 to 425 bps with a 1% Libor floor at 99.00, with a 101 six-month soft call; also $175 million eight-year second-lien term loan (Caa2/CCC+), price talk Libor plus 800 to 825 bps with a 1% Libor floor at 98.50, hard callas at 102, 101; help fund buyout by TPG; Twinsburg, Ohio, full-service pharmacy benefit management company.; deadline Sept. 18.

FREESCALE SEMICONDUCTOR INC.: $800 million senior secured term B-5 due Jan. 15, 2021, upsized from $300 million, talked at Libor plus 375 bps, 1.25% Libor floor, OID 99, 101 soft call; Deutsche Bank, Barclays and Citigroup; redeem notes; Austin, Texas, provider of embedded processing semiconductors; deadline accelerated to Sept. 4 from Sept. 5; final terms due 5 p.m. ET Sept. 5; expected to allocate Sept. 6.

GO DADDY OPERATING CO. LLC: $100 million incremental senior secured term loan due Dec. 17, 2018 (existing ratings Ba3/B); Barclays, KKR Capital Markets, Deutsche Bank Securities Inc.; price talk Libor plus 325 bps at 99.75 with 1% Libor floor; fund potential acquisitions; Scottsdale, Ariz., provider of web hosting and domain names; commitments due Sept. 11.

JBS USA LLC: $400 million seven-year term loan (Ba2/BB); JPMorgan; price talk Libor plus 275 to 300 bps with a 1% Libor floor at 99.00, 101 soft call protection for six months; to help fund a notes tender offer; Greeley, Colo., beef, pork and lamb processing company; deadline Sept. 13.

MILLER HEIMAN: Bank meeting Sept. 4; $273 million credit facility; GE Capital and BMO; $40 million five-year revolver; $233 million six-year term B talked at Libor plus 475 bps, 1% Libor floor, OID 99, 101 soft call for six months; help fund the acquisition of IPI; Denver-based provider of corporate sales training.

NES GLOBAL TALENT: Bank meeting Sept. 10; $260 million credit facility; Credit Suisse Securities (USA) LLC; $200 million six-year first-lien term loan and $60 million five-year revolver; to refinance existing debt and fund a dividend; Altrincham, Cheshire, England-based provider of staffing services for the oil and gas industry.

NINE ENTERTAINMENT PTY. LTD.: U.S.-equivalent A$200 million first-lien term B due Feb. 5, 2020, price talk Libor plus 325 bps with a 0.75% Libor floor at 99.50, 101 soft call for six months; UBS (lead left); fund the acquisition of WIN Perth; Australian diversified media and entertainment group; commitments due Sept. 13.

PEABODY ENERGY CORP. $2.7 billion credit facilities: $1.2 billion seven-year term loan B, pricing Libor plus 275 bps with a 1% Libor floor at 99.00, with six-month soft call at 101; also $1.5 billion five-year senior secured revolver; Citigroup Global Markets (left bookrunner), BofA Merrill Lynch, BNP Paribas, Credit Agricole CIB, HSBC, Morgan Stanley & Co., PNC Capital Markets, RBS Securities (joint); St. Louis-based coal producer; commitments due Sept. 17; expected to close and fund on Sept. 20.

PINNACLE FOODS FINANCE LLC: $525 million incremental term loan (Ba3/BB-), pricing talk Libor plus 250 bps with a 0.75% Libor floor at 97.50 to 98 (spread steps down to 225 bps if total net leverage falls below 4.25-times); Bank of America, Barclays, UBS, Credit Suisse, Morgan Stanley and Macquarie; help fund acquisition of the Wish-Bone salad dressings business from Unilever plc; Parsippany, N.J., manufacturer and distributor of branded packaged foods; deadline Sept. 9 (timing moved ahead from Sept. 12).

PITNEY BOWES MANAGEMENT SERVICES: Bank meeting Sept. 4; $365 million credit facility; Credit Suisse, Deutsche Bank and UBS; $50 million five-year revolver (B1/BB-); $215 million six-year first-lien term loan (B1/BB-) talked at Libor plus 550 bps to 575 bps, 1.25% Libor floor, OID 99, 101 soft call; $100 million seven-year second-lien term loan (Caa1/B-) talked at Libor plus 950 bps to 975 bps, 1.25% Libor floor, OID 98, call protection 103, 102, 101; help fund buyout by Apollo Global Management LLC from Pitney Bowes Inc.; provider of mail and print outsourcing services.

PRA HOLDINGS INC.: $950 million credit facility (B1/B); UBS (left lead), Jefferies, Credit Suisse, KKR Capital, Citigroup (joint books(; $125 million five-year revolver; $825 million seven-year first-lien term loan, price talk Libor plus 425 to 450 bps with a 1% Libor floor at 99.00; soft call at 101; help fund KKR's buyout of PRA International from Genstar Capital LLC and ReSearch Pharmaceutical Services Inc. from Warburg Pincus, and the merger of the two companies; Raleigh, N.C.-based provider of outsourced clinical development services.

QUIKRETE: Bank meeting Sept. 10; $1.62 billion credit facility; Wells Fargo; $200 million ABL revolver; $1.23 billion first-lien term B; $190 million second-lien term loan; fund the acquisition of Custom Building Products Inc. from Kelso & Co.; Atlanta-based manufacturer of packaged concrete and related products.

STEINWAY MUSICAL INSTRUMENTS INC.: $290 million in term loans; Bank of America and Deutsche Bank; $190 million six-year first-lien term loan (B1/B) expected at Libor plus 425 bps with a 1% Libor floor at 99.50 (initial spread guidance was 450 bps), , 101 soft call; alos $100 million seven-year second-lien term loan (Caa1/B-) expected at Libor plus 850 bps, 1% Libor floor at 98.00, call protection 103, 102, 101; also expected to get $75 million five-year asset-based revolver at Libor plus 175 bps, 37.5 bps unused fee; help fund buyout by Paulson & Co. Inc.; Waltham, Mass., musical instruments company; commitments due Sept. 13..

Upcoming Closings

BALLY TECHNOLOGIES INC.: $1.1 billion seven-year covenant-light term B (Ba3/BB) at Libor plus 325 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; Wells Fargo, JPMorgan, Bank of America, Goldman Sachs and Union Bank; help fund acquisition of SHFL entertainment Inc.; Las Vegas-based gaming company that designs, manufactures, distributes, and operates gaming devices and computerized monitoring, accounting and player-tracking systems for gaming devices.

BMC SOFTWARE: $3.565 billion U.S. senior secured credit facility (B1/B+); Credit Suisse, RBC, Barclays, Goldman Sachs, Deutsche Bank, Citigroup, Mizuho and Jefferies; $350 million five-year revolver; $2.88 billion seven-year first-lien covenant-light term loan at Libor plus 400 bps, 1% Libor floor, OID 99, 101 soft call for six months; $335 million seven-year term loan at the euro borrower at Libor plus 400 bps, 1% Libor floor, OID 99, 101 soft call for six months; €500 million seven-year first-lien covenant-light term loan (Ba3/BB-) at Euribor plus 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; help fund buyout by Bain Capital, Golden Gate Capital, GIC Special Investments Pte. Ltd and Insight Venture Partners; Houston-based software company.

FOTOLIA LLC: $300 million of term loans; Goldman Sachs and KKR; $200 million seven-year first-lien term loan (Ba3/B) talked at Libor plus 400 bps to 425 bps, 1.25% Libor floor, OID 991/2, 101 soft call; $100 million 71/2-year euro equivalent second-lien term loan (Caa1/CCC+) talked at Euribor plus 800 bps to 825 bps, 1.25% floor, OID 99, call protection 103, 102, 101; refinance existing debt, fund a dividend and put cash on the balance sheet; New York-based provider of royalty-free images, vectors, illustrations and video footage clips.

KINETIC CONCEPTS INC.: $350 million add-on term loan (Ba3/BB-) at Libor plus 350 bps, 1% Libor floor, OID 99 7/8; Bank of America, Morgan Stanley and Goldman Sachs; help fund acquisition of Systagenix; San Antonio, Texas, medical technology company.

MASHANTUCKET PEQUOT TRIBAL NATION: $275 million term B due June 30, 2020 talked at Libor plus 812.5 bps, 1.25% Libor floor, OID 98½ to 99; Bank of America and Wells Fargo; remarketing of loan used for restructuring; Mashantucket, Conn.-based owner of the Foxwoods Resort Casino.

NXT CAPITAL: $120 million five-year term B at Libor plus 525 bps, 1% Libor floor, OID 99, non-call one, 101, 101; Wells Fargo, BMO and SunTrust; general corporate purposes; Chicago-based provider of structured financing services.

PHOTONIS USA PENNSYLVANIA INC.: $325 million six-year covenant-light first-lien term loan (B2/B+) at Libor plus 750 bps, 1% Libor floor, OID 97, call protection 103, 102, 101; Credit Suisse, Societe Generale and ING; refinance existing debt; Lancaster, Pa., manufacturer of vacuum electron devices and associated RF circuits for communications, science, radar, industry & directed energy applications.

REVLON CONSUMER PRODUCTS CORP.: $700 million six-year senior secured term loan (B+) talked at Libor plus 300 bps, 1% Libor floor, OID 993/4, 101 soft call for six months; Citigroup, Credit Suisse, Deutsche Bank, JPMorgan, Bank of America and Wells Fargo; help fund acquisition of Colomer Group from CVC Capital Partners; New York-based cosmetics and accessories company.

RUE21 INC.: $683 million credit facility; JPMorgan, Bank of America and Goldman Sachs; $150 million five-year asset-based revolver; $533 million senior secured seven-year term B (B2/B-) talked at Libor plus 450 bps to 475 bps, 1% Libor floor, OID 99, 101 soft call for six months; help fund buyout by Apax Partners; Warrendale, Pa., retailer of girls and guys apparel and accessories.

SCIENTIFIC GAMES CORP.: $2.6 billion credit facility (Ba2/BB-); Bank of America, Credit Suisse and UBS; $300 million five-year revolver; $2.3 billion seven-year term loan at Libor plus 325 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; 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.

SHORELINE ENERGY: $200 million 51/2-year second-lien term loan talked at Libor plus 725 bps to 750 bps, 1.25% Libor floor, OID 98, call protection 102, 101; Union Bank, Bank of Tokyo Mitsubishi and BMO; fund an acquisition and refinance debt.

SPECTRUM BRANDS INC.: Expected close Sept. 4; $1.15 billion of first-lien covenant-light term loans (B1/B+); Credit Suisse and Deutsche Bank; $850 million four-year term loan at Libor plus 225 bps, 0.75% Libor floor, OID 991/2, 101 soft call for six months; $300 million six-year term loan at Libor plus 275 bps, 0.75% Libor floor, OID 991/2, 101 soft call for six months; refinance notes; Madison, Wis., consumer products company.

TELX GROUP: Expected close Oct. 10; $379.2 million of bank debt; Morgan Stanley, Deutsche Bank and TD Securities; $20 million add-on revolver; $359.2 million term B repricing at Libor plus 400 bps, 1.25% Libor floor, OID 993/4, 101 soft call; New York-based provider of interconnection and colocation facilities.

On The Horizon

AKORN INC.: $675 million senior secured credit facility; JPMorgan; $75 million five-year revolver; $600 million seven-year term loan; help fund acquisition of Hi-Tech Pharmacal Co. Inc.; Lake Forest, Ill.-based niche pharmaceutical company.

APOLLO TYRES: $500 million asset-based revolver; Morgan Stanley, Deutsche Bank, Standard Chartered and Goldman Sachs; help fund acquisition of Cooper Tire & Rubber Co.; India-based tire company.

ARDMORE SHIPPING CORP.: Up to $235 million credit facility; for unfunded expenditure on the vessels on order in the company's initial fleet and to purchase its expansion fleet; in connection with IPO; Ireland-based provider of seaborne transportation of petroleum products and chemicals.

COMMUNITY HEALTH SYSTEMS INC.: $2.26 billion in senior secured term loans; Bank of America and Credit Suisse; $750 million 2016 term loan; $1.51 billion of 2020/2021 term loans; help fund purchase of Health Management Associates Inc.; Nashville, Tenn., hospital company.

CPG INTERNATIONAL INC.: New debt; help fund buyout by Ares Management LLC and Ontario Teachers' Pension Plan from AEA Investors LP; Scranton, Pa., manufacturer of highly engineered low-maintenance building materials.

DARLING INTERNATIONAL INC.: New credit facility (Ba1/BBB-); JPMorgan; revolver; term A; fund acquisition of Rothsay from Maple Leaf Foods Inc.; Irving, Texas, provider of rendering, recycling and recovery services to the food industry.

DELL INC.: $7.5 billion credit facility; Barclays, Credit Suisse, Bank of America and RBC; $4 billion 61/2-year covenant-light term B expected at Libor plus 350 bps, 1% Libor floor; $1.5 billion five-year covenant-light term C expected at Libor plus 300 bps, 1% Libor floor; $2 billion asset-based revolver expected at Libor plus 175 bps; help fund buyout by Michael Dell, founder, chairman and chief executive officer, and Silver Lake Round Rock, Texas, provider of technology and business services.

DOLE FOOD CO.: $825 million senior secured credit facility; Deutsche Bank, Bank of America and Scotia Capital; $150 million five-year ABL revolver expected at Libor plus 175 bps, 37.5 bps unused fee; $675 million seven-year covenant-light term B expected at Libor plus 375 bps, 1% Libor floor, 101 soft call; help fund acquisition by chairman and chief executive officer David H. Murdock; Westlake Village, Calif., fruit and vegetables company.

EXTREME REACH INC.: New debt; JPMorgan and SunTrust; help fund acquisition of the TV business of Digital Generation Inc.; Needham, Mass., video platform for integrated TV, online and mobile advertising.

FIELDWOOD ENERGY LLC: $3.625 billion credit facility; $1 billion five-year ABL revolver; $900 million seven-year first lien term loan; Citigroup Global Markets (left lead arranger); and $1.725 billion eight-year second lien term loan ; J.P. Morgan Securities LLC (left lead arranger); Citigroup, JP Morgan, Deutsche Bank, Bank of America, Goldman Sachs (joint lead arrangers); help fund acquisition of Apache Corp.'s Gulf of Mexico Shelf business by Riverstone Holdings; Houston-based acquirer and developer of conventional oil and gas assets; bank meeting Sept. 9.

GLOBECOMM SYSTEMS INC.: $235 million senior secured credit facility; Highbridge Principal Strategies; $30 million revolver; $205 million first-lien term loan; help fund buyout by Wasserstein & Co.; Hauppauge, N.Y., communications services provider.

HUB INTERNATIONAL LTD.: $2.06 billion equivalent credit facilities: $225 million revolver, C$50 million revolver, $1.785 billion term loan B; Morgan Stanley & Co., BofA Merrill Lynch, RBC Capital Markets (joint lead arrangers and joint bookrunners), BMO, Macquarie, UBS Investment Bank (joint bookrunners); help fund buyout by Hellman & Friedman LLC and refinance existing debt; Chicago-based insurance brokerage; lenders meeting Sept. 10.

HUDSON'S BAY CO.: Roughly $3.6 billion senior secured credit facility; Bank of America and RBC; $1.9 billion term B; $950 million ABL revolver; C$750 million ABL revolver; help fund acquisition of Saks Inc. and refinance some debt; Ontario-based operator of department stores.

INTUIT FINANCIAL SERVICES: New debt financing; Jefferies; help fund already completed buyout by Thoma Bravo from Intuit Inc.; Woodland Hills, Calif., provider of online and mobile banking software to financial institutions.

JARDEN CORP.: New Bank debt; help fund acquisition of Yankee Candle Investments LLC; Rye, N.Y., provider of a diverse range of consumer products.

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.

OCI PARTNERS LP: $235 million 61/2-year senior secured term B; Bank of America; repay term B-2 in connection with initial public offering of common units; Nederland, Texas, methanol and ammonia company.

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.

SINCLAIR BROADCAST GROUP INC.: New debt financing; help fund purchase of Fisher Communications Inc. and/or Perpetual Corporation and Charleston Television LLC; Hunt Valley, Md., television broadcasting company.

SPARTAN STORES: $1 billion five-year senior secured credit facility; Wells Fargo and Bank of America; $900 million revolver; $40 million first-in last-out revolver; $60 million term loan expected at Libor plus 550 bps; refinance debt in connection with merger with Nash Finch Co.; Grand Rapids, Mich., grocery distributor.

TENET HEALTHCARE INC.: $1.8 billion senior secured term loan; Bank of America; help fund acquisition of Vanguard Health Systems Inc.; Dallas-based health care services company.

TMS INTERNATIONAL CORP.: New debt financing; JPMorgan and Goldman Sachs; help fund buyout by certain members of the Pritzker family; Glassport, Pa., provider of outsourced industrial services to steel mills.

TRIBUNE CO.: $4.1 billion senior secured credit facility; JPMorgan, Bank of America, Citigroup, Deutsche Bank and Credit Suisse; includes $300 million revolver; help fund acquisition of Local TV Holdings LLC from Oak Hill Capital Partners and refinance existing debt; Chicago-based multimedia company.

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