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Published on 1/27/2014 in the Prospect News Bank Loan Daily.

Bank Loan Calendar: $40.9909 billion deals being marketed

January Bank Meetings

CARECORE NATIONAL LLC: Bank meeting Jan. 29; $390 million credit facility; RBC, Fifth Third and GE Capital; help fund buyout by General Atlantic LLC; Bluffton, S.C., provider of specialty benefits management services to managed care organizations, self-insured entities, and risk-bearing provider organizations.

CONSOLIDATED AEROSPACE MANUFACTURING LLC: Bank meeting Jan. 29; $250 million senior secured credit facility; RBS Citizens; $25 million five-year revolver; $225 million six-year term loan; fund an acquisition; manufacturer of fittings, hardware and fastening solutions for the aircraft and aerospace industries.

LEARFIELD COMMUNICATIONS INC.: Conference call Jan. 28; $85 million of fungible add-on covenant-light term loans; Deutsche Bank; $60 million add-on first-lien term loan due October 2020 talked at Libor plus 400 bps, 1% Libor floor, 101 soft call until April 2014; $25 million add-on second-lien term loan due October 2021 talked at Libor plus 775 bps, 1% Libor floor, call protection 102 until October 2014, 101 until October 2015; help fund acquisition of Nelligan Sports Marketing Inc.; college sports multimedia rights marketing company.

OCWEN FINANCIAL CORP.: Conference call Jan. 28; $2.2 billion of term loans; Wells Fargo, Barclays and Bank of America; $1.5 billion seven-year term loan; $700 million seven-year final maturity delayed-draw term loan; refinance existing debt and fund the acquisition of residential mortgage servicing rights on a portfolio from Wells Fargo Bank; Atlanta-based financial services holding company that is engaged in the servicing and origination of mortgage loans.

SEDGWICK INC.: Bank meeting Jan. 30; $1.655 billion credit facility; UBS (left on first-lien), Deutsche Bank (left on second-lien), KKR, Mizuho and Morgan Stanley; $125 million five-year revolver; $1.02 billion seven-year first-lien term loan, 1% Libor floor; $510 million eight-year second-lien term loan, 1% Libor floor; help fund buyout by KKR and management from Hellman & Friedman LLC and Stone Point Capital LLC; Memphis, Tenn., provider of technology-enabled claims and productivity management services.

VOGUE INTERNATIONAL: Bank meeting Jan. 28; $445 million credit facility; Goldman Sachs and Bank of America; $30 million revolver; $415 million term loan; help fund buyout by the Carlyle Group; Tampa Bay, Fla., manufacturer and distributor of salon-heritage hair care and other personal care products.

WESTERN DENTAL SERVICES INC.: Bank meeting expected Jan. 27 week; $300 million term loan; Jefferies; refinance existing debt; Orange, Calif., dental and oral health maintenance organization.

YRC WORLDWIDE INC.: Bank meeting Jan. 28; $1.15 billion credit facility; Credit Suisse; $450 million ABL revolver; $700 million five-year senior secured term loan talked at Libor plus 675 bps, 1% Libor floor, OID 99, 101 soft call; refinance existing bank debt; Overland Park, Kan., less-than-truckload carrier.

ZIGGO: Bank meeting Jan. 28; €3.735 billion equivalent senior secured term B due Jan. 15, 2022, 0.75% floor, 101 soft call for six months; Credit Suisse, Bank of America, ABN Amro, Credit Agricole, Deutsche Bank, HSBC, ING, JPMorgan, Morgan Stanley, Nomura, Rabobank, Scotia Bank, Societe Generale and U.S. Capital Markets; refinance existing debt and help fund buyout by Liberty Global plc; Utrecht, the Netherlands, provider of entertainment, information and communication through television, internet and telephony services.

Upcoming Closings

1-800 CONTACTS: $480 million credit facility (B1/B); Goldman Sachs, Morgan Stanley, Deutsche Bank and RBC; $60 million revolver; $420 million first-lien covenant-light term loan at Libor plus 325 bps, 1% Libor floor, OID 993/4, 101 soft call for six months; also pre-placed $115 million second-lien term loan; help fund buyout by Thomas H. Lee Partners from WellPoint; Orem, Utah-based online contact lens retailer.

APPLIED SYSTEMS INC.: $1.145 billion credit facility; Credit Suisse, Deutsche Bank, Jefferies and UBS; $50 million revolver (B1/B+); $700 million seven-year first-lien covenant light term loan (B1/B+) at Libor plus 325, step-down to Libor plus 300 bps at 4.25x first-lien leverage, 1% Libor floor, OID 993/4, 101 soft call for six months; $395 million eight-year second-lien covenant-light term loan (Caa2/CCC+) at Libor plus 650 bps, 1% Libor floor, OID 991/4, call protection 102, 101; help fund buyout by Hellman & Friedman LLC from Bain Capital; University Park, Ill., provider of software for the insurance industry.

ARDAGH GROUP: $700 million covenant-light term B due Dec. 17, 2019 talked at Libor plus 300 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; Citigroup; help fund acquisition of Verallia North America; Dublin-based supplier of glass and metal packaging.

ASCEND LEARNING: $448 million credit facility (B3/B); Bank of America and GE Capital; $40 million five-year revolver; $408 million 51/2-year term loan at Libor plus 500 bps, 1% Libor floor, OID 991/2, 101 soft call; refinance existing debt; Burlington, Mass., and Leawood, Kan.-based provider of technology-based learning services focused on student training and testing results in health care and other vocational fields.

ATRIUM INNOVATIONS: $700 million credit facility; RBC, Deutsche Bank, National Bank Financial Markets, Toronto-Dominion Bank; $75 million five-year revolver (B2/B); $350 million seven-year first-lien term loan (B2/B) at Libor plus 325 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; $125 million equivalent seven-year euro first-lien term loan (B2/B) at Euribor plus 350 bps, 1% floor, OID 991/2, 101 soft call for six months; $150 million 71/2-year second-lien term loan (Caa2/CCC+) at Libor plus 675 bps, 1% Libor floor, OID 991/2, call protection 102, 101; help fund buyout by Permira Advisers; Quebec-based dietary supplements developer and manufacturer.

AVAYA INC.: Roughly $1.138 billion term B-6 due March 31, 2018 talked at Libor plus 500 bps to 525 bps, 1% Libor floor, offer price 99½ to par for new money, 101 soft call for six months; Morgan Stanley, Barclays, Citigroup and Deutsche Bank; refinance term B-5; Basking Ridge, N.J., provider of business collaboration and communications services.

BOB'S DISCOUNT FURNITURE: $300 million senior secured credit facility; RBC and UBS; $40 million asset-based revolver; $180 million first-lien term loan (B2/B) talked at Libor plus 400 bps, 1% Libor floor, OID 99, 101 soft call for six months; $80 million second-lien term loan (Caa1/CCC+) talked at Libor plus 800 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund buyout by Bain Capital; Manchester, Conn., retailer of furniture and bedding.

CBS OUTDOOR AMERICAS: Expected close Jan. 31; $1.225 billion senior secured credit facility (Ba1/BB+); Citigroup, Deutsche Bank and Wells Fargo; $425 million five-year revolver; $800 million seven-year covenant-light term B at Libor plus 225 bps, 0.75% Libor floor, OID 993/4, 101 soft call for six months; help fund a payment to CBS Corp. for the assets in connection with stock IPO; New York-based lessor of advertising space on out-of-home advertising structures and sites.

CHESAPEAKE SERVICES LTD./MULTI PACKAGING SOLUTIONS INC.: $452 million U.S. bank debt (B1/B+); Barclays and Credit Suisse; $122 million incremental term B due Sept. 30, 2020 at Libor plus 325 bps, 1% Libor floor, OID 993/4, 101 soft call through March 30, 2014; $50 million revolver due Aug. 15, 2018 at Libor plus 325 bps; $280 million rollover term B due Sept. 30, 2020 at Libor plus 325 bps, 1% Libor floor, OID 993/4, 101 soft call through March 30, 2014; also £50mm multicurrency revolver due Sept. 30, 2019 at Libor plus 400 bps, £145 million term B due Sept. 30, 2020 talked at Libor plus 500 bps, 1% Libor floor, 101 soft call through Sept. 30, 2014, and €172.6 million term B due Sept. 30, 2020 at Euribor plus 450 bps, 1% floor, 101 soft call through Sept. 30, 2014; help fund merger of the two companies; U.K.-based manufacturer of consumer packaging.

DAE AVIATION HOLDINGS INC.: Roughly $840 million of term loans; Barclays, Bank of America and Goldman Sachs; $300 million second-lien term loan (Caa2/CCC) talked at Libor plus 750 bps, 1% Libor floor, OID 98½ to 99, call protection 103, 102, 101; roughly $540 million first-lien term loan (B2/B) due Nov. 2, 2018 talked at Libor plus 425 bps to 450 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; refinance notes and reprice existing first-lien term loan; aircraft MRO provider.

DELTA AIR LINES INC. (DELTA AIR LINES PACIFIC ROUTES): $1.485 billion senior secured term loans; Barclays, Bank of America, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, JPMorgan, Morgan Stanley and UBS; $1.089 billion term B-1 due Oct. 18, 2018 talked at Libor plus 275 bps, step-down to Libor plus 250 bps if corporate ratings are Ba3/BB-, 0.75% Libor floor, 101 soft call for six months; $396 million term B-2 due April 18, 2016 talked at Libor plus 225 bps; repricing; Atlanta-based air transportation and air freight provider.

DIXIE ELECTRIC LLC (FR DIXIE ACQUISITION CORP.): $320 million credit facility (B3/B+); UBS, Credit Suisse, Macquarie and Societe Generale; $40 million five-year revolver; $280 million seven-year term B at Libor plus 475 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; help fund buyout by First Reserve from One Rock Capital Partners LLC; Odessa, Texas, provider of electrical infrastructure materials and services to the upstream oil and gas sector.

DUNKIN' BRANDS GROUP INC.: $1.83 billion term loan (B+) due 2021 talked at Libor plus 225 bps to 250 bps, 0.75% Libor floor, offer price of 99¾ to par, 101 soft call for six months; JPMorgan, Barclays and Goldman Sachs; refinance existing term loan; Canton, Mass., franchisor of quick-service restaurants serving hot and cold coffee and baked goods as well as hard-serve ice cream.

EMERALD EXPOSITIONS HOLDING INC.: $200 million covenant-light incremental term B (BB-) due June 2020 at Libor plus 425 bps, 1.25% Libor floor, OID 993/4, 101 soft call until June 16, 2014; Bank of America and Morgan Stanley; help fund acquisition of George Little Management LLC; San Juan Capistrano, Calif., operator of large business-to-business tradeshows.

EXGEN RENEWABLES I LLC: $300 million first-lien HoldCo senior secured term loan (Ba3/BB-) talked at Libor plus 450 bps to 475 bps, 1% Libor floor, OID 99, soft call 102, 101; Barclays; fund a distribution to parent company Exelon Corp.; operator of a portfolio of 13 contracted wind energy assets.

EXTREME REACH INC.: $495 million credit facility; JPMorgan and SunTrust; $30 million five-year revolver; $300 million six-year first-lien term B at Libor plus 575 bps, 1% Libor floor, OID 981/2, 101 soft call; $165 million seven-year second-lien term loan at Libor plus 950 bps, 1% Libor floor, OID 98, non-call one, 102, 101; help fund acquisition of the TV business of Digital Generation Inc.; Needham, Mass., video platform for integrated TV, online and mobile advertising.

GLENCOE PRINCIPAL HOLDINGS: $200 million credit facility; Macquarie; $25 million five-year revolver (B2/B+); $130 million five-year first-lien term loan (B2/B+) talked at Libor plus 650 bps, 1% Libor floor, 101 soft call; $45 million seven-year second-lien term loan (Caa2/CCC+) talked at Libor plus 900 bps, 1% Libor floor, OID 981/2, call protection 102, 101; refinance existing subsidiary debt, acquire certain outstanding equity interests held by third parties and fund a distribution to sponsor Glencoe Capital; Co-borrowers are subsidiaries Dixie Chemical, a Pasadena, Texas-based manufacturer of high-purity chemicals, complex compounds and chemical intermediates, Child Development Schools, a Columbus, Ga.-based for-profit preschool education and early care provider, and Polyair Corp., a Toronto-based manufacturer and marketer of protective packaging products.

HARBOURVEST PARTNERS LP: $350 million first-lien covenant-light term loan due January 2021 talked at Libor plus 250 bps, 0.75% Libor floor, 101 soft call for six months; Credit Suisse; reprice and extend an existing term loan and repay subordinated notes; Boston-based private equity firm.

HARLAND CLARKE HOLDINGS CORP.: $750 million of bank debt; Credit Suisse, Bank of America, Citigroup, Deutsche Bank and Jefferies; $600 million first-lien covenant-light incremental term loan B-4 (B1/B+) due August 2019 talked at Libor plus 500 bps, 1% Libor floor, OID 991/2, 101 soft call; $150 million asset-based revolver due Feb. 20, 2018; help fund acquisition of Valassis, refinance existing debt and general corporate purposes; San Antonio-based provider of payment, marketing and security services.

HD SUPPLY INC.: $988 million covenant-light term loan due June 2018 talked at Libor plus 275 bps to 300 bps, 1% Libor floor, offer price 99¾ to par, 101 soft call for six months; Bank of America, Goldman Sachs, Wells Fargo, Deutsche Bank, Credit Suisse, UBS, JPMorgan and Barclays; refinance existing term loan; Atlanta-based wholesale distributor for the infrastructure and energy, maintenance, repair and improvement and specialty construction sectors.

IKARIA INC.: $1.295 billion credit facility; Credit Suisse, Barclays, Goldman Sachs and Morgan Stanley; $50 million revolver (B1/B-); $830 million seven-year covenant-light first-lien term loan (B1/B-) talked at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call for one year; $415 million eight-year covenant-light second-lien term loan (Caa1/CCC) talked at Libor plus 850 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund buyout by Madison Dearborn Partners; Hampton, N.J., critical care company.

INMAR INC.: $505 million credit facility; Credit Suisse and BNP Paribas; $50 million five-year revolver (B1/B); $350 million seven-year first-lien covenant-light term loan (B1/B) at Libor plus 325 bps, 1% Libor floor, OID 99, 101 soft call for six months; $105 million eight-year second-lien covenant-light term loan (Caa1/CCC+) at Libor plus 700 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund buyout by ABRY Partners from New Mountain Capital; Winston-Salem, N.C., provider of tech enabled promotion and inventory, logistics and settlement services.

INSIGHT GLOBAL (IG INVESTMENTS HOLDINGS LLC): $90 million first-lien tack-on covenant-light term loan due October 2019 talked at Libor plus 425 bps, 1% Libor floor, OID 99, 101 soft call through Nov. 1, 2014; Credit Suisse, Bank of America, RBC and Wells Fargo; fund a dividend; Atlanta-based temporary staffing firm for the information technology sector.

JLL/DELTA PATHEON HOLDINGS LP: $1.525 billion-equivalent credit facility (B2/B); UBS, JPMorgan, Jefferies, KeyBanc and Morgan Stanley; $200 million five-year revolver; $985 million seven-year term B at Libor plus 325 bps, 1% Libor floor, OID 993/4, 101 soft call for six months; €250 million seven-year term B at Euribor plus 350 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; help fund purchase of Patheon by JLL Partners and Royal DSM and merger with DSM Pharmaceutical Products to create a new company; contract development and manufacturing organization for the pharmaceutical industry.

MEDIACOM LLC: $250 million four-year term F (Ba3/BB+) talked at Libor plus 250 bps, OID 993/4; Wells Fargo, JPMorgan, Bank of America, Credit Suisse, Deutsche Bank, Natixis, RBC and SunTrust; repay term C; Middletown, N.Y., cable operator.

MERGERMARKET USA INC.: New credit facility; UBS, Mizuho and HSBC; $40 million five-year revolver (B2/B); U.S. equivalent £165.2 million seven-year first-lien term loan (B2/B) at Libor plus 325 bps, 1% Libor floor, OID 993/4, 101 soft call for six months; U.S. equivalent £63.88 million eight-year second-lien term loan (Caa2/CCC+) at Libor plus 650 bps, 1% Libor floor, OID 991/2, call protection 102, 101; help fund buyout by BC Partners from Pearson plc; provider of corporate financial news, intelligence and analysis with headquarters in New York, London and Hong Kong.

MITEL NETWORKS CORP.: Expected close Jan. 31; $405 million credit facility (Ba3/B+); Jefferies and TD Securities; $355 million six-year term loan at Libor plus 425 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; $50 million five-year revolver; help fund acquisition of Aastra Technologies Ltd. and refinance an existing credit facility; Kanata, Ont., provider of cloud and premises-based unified communications software.

MRI SOFTWARE: $165 million credit facility (B2/B+); Goldman Sachs; $15 million revolver; $150 million first-lien term loan talked at Libor plus 425 bps to 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; also privately placed $65 million second-lien term loan; refinance existing debt and fund a dividend; Solon, Ohio, provider of real estate enterprise software applications and hosted services.

NATIONAL MENTOR HOLDINGS INC.: $700 million senior secured credit facility (B1/B); Barclays, Goldman Sachs, Jefferies and UBS; $100 million five-year revolver at Libor plus 375 bps; $600 million seven-year covenant-light term B at Libor plus 375 bps, 1% Libor floor, OID 993/4, 101 soft call for six months; refinance existing senior secured credit facility and repay some notes; Boston-based provider of home and community-based health and human services.

NEP/NCP HOLDCO INC.: $680 million (including $155 million incremental) senior secured first-lien term B (B2/B) due Jan. 22, 2020 at Libor plus 325 bps, 1% Libor floor, OID 99½ on incremental, 101 soft call for six months; Barclays and Morgan Stanley; help fund acquisition of GTV Holdings Pty Ltd (Global Television) from Catalyst Investment Managers and reprice existing term loan; Pittsburgh-based provider of outsourced teleproduction services critical to the delivery of live sports and entertainment events.

NEWPAGE HOLDINGS INC.: $1.1 billion senior secured credit facility; Credit Suisse, Barclays, UBS and BMO; $750 million seven-year first-lien term loan (B+) talked at Libor plus 750 bps to 775 bps, 1.25% Libor floor, OID 99, call protection 103, 102, 101; $350 million five-year asset-based revolver talked at Libor plus 200 bps, 50 bps unused fee; refinance existing term loan and revolver, and fund a dividend in connection with purchase by Verso Paper Corp.; Miamisburg, Ohio, producer of printing and specialty papers.

NICE-PAK PRODUCTS: $230 million senior secured credit facility; RBC; $60 million five-year asset-based revolver talked with a grid of Libor plus 150 bps to 200 bps based on availability, 37.5 bps unused fee; $170 million six-year term B talked at Libor plus 475 bps to 500 bps, 1% Libor floor, OID 99, 101 soft call; refinance existing debt; Orangeburg, N.Y., manufacturer of wet wipes for baby and health care applications.

NTELOS INC.: $188 million add-on term B (B1) at Libor plus 475 bps, 1% Libor floor, OID 993/4; JPMorgan, UBS, Deutsche Bank and Union Bank; refinance existing term A debt and add cash to the balance sheet; Waynesboro, Va., provider of wireless and wireline communications services.

OCEAN RIG (DRILLSHIPS FINANCING HOLDING INC.): $821 million add-on term B-1 due 2021 talked at Libor plus 500 bps, 1% Libor floor, offer price 101; Deutsche Bank, Credit Suisse, Barclays and Goldman Sachs; repay term B-2 due 2016; Nicosia, Cyprus, international offshore drilling contractor.

PEROXYCHEM: $155 million credit facility (B+); Macquarie; $20 million five-year revolver; $135 million six-year first-lien term loan talked at Libor plus 500 bps to 525 bps, 1% Libor floor, OID 98, 101 soft call; help fund buyout of FMC Corp.'s Peroxygens business by One Equity Partners; supplier of hydrogen peroxide, persulfate products, peracetic acid and other eco-friendly specialty oxidants.

PHARMEDIUM: $635 million credit facility; JPMorgan (left on first-lien), Credit Suisse (left on second-lien ) and Morgan Stanley; $75 million revolver (B1/B); $360 million seven-year first-lien covenant-light term loan (B1/B) at Libor plus 325 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; $200 million eight-year second-lien covenant-light term loan (Caa2/CCC+) at Libor plus 675 bps, 1% Libor floor, OID 991/2, call protection 102, 101; help fund buyout by Clayton, Dubilier & Rice from Oak Investment Partners and Baird Capital; Lake Forest, Ill., provider of hospital pharmacy-outsourced sterile compounding services.

PHILLIPS PET FOOD & SUPPLIES: $450 million credit facility; Jefferies, Goldman Sachs and BMO; $60 million ABL revolver; $280 million first-lien term loan (B1/B) at Libor plus 350 bps, 1% Libor floor, OID 993/4, 101 soft call for six months; $110 million second-lien term loan (Caa1/CCC+) at Libor plus 725 bps, 1% Libor floor, OID 991/2, call protection 102, 101; help fund buyout by Thomas H. Lee Partners from AEA Investors; Easton, Pa., distributor of pet food and supplies.

PLY GEM INDUSTRIES INC.: $430 million seven-year first-lien covenant-light term loan (B2/B) at Libor plus 300 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; Credit Suisse; redeem bonds; Cary, N.C., manufacturer of exterior building products.

PSAV PRESENTATION: $505 million covenant-light term B (B1) at Libor plus 350 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; Goldman Sachs, Barclays, Morgan Stanley and Macquarie; also $180 million second-lien loan (Caa1) already sold; help fund buyout by Goldman Sachs from Kelso & Co.; Long Beach, Calif., provider of audio visual equipment and event technology support to the hotel, conference and event industry.

PSS COS. INC.: $245 million credit facility (B2/B+); KeyBanc, Goldman Sachs, ING Capital and SMBC; $40 million revolver; $205 million term B at Libor plus 450 bps, 1% Libor floor, OID 99; refinance existing debt and help fund acquisition of Industrial Air Tool; Houston-based distributor of mission-critical MRO consumables to the energy sector.

SBA COMMUNICATIONS CORP.: $1 billion seven-year incremental senior secured term loan B (BB) talked at Libor plus 250 bps to 275 bps, 0.75% Libor floor, OID 991/2, 101 soft call for six months; Citigroup and Barclays; fund acquisition of 2,007 wireless sites in Brazil from Oi SA; Boca Raton, Fla., first choice provider and owner and operator of wireless communications infrastructure.

SEASTAR SOLUTIONS: $235 million credit facility (B2/B); RBC and GE Capital; $25 million revolver; $210 million term B at Libor plus 425 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; help fund buyout by American Securities; manufacturer and distributor of marine steering and control systems and engine and drive parts.

SOUTHWIRE CO.: $1.75 billion senior secured credit facility; Bank of America, Wells Fargo, BMO and Macquarie; $1 billion asset-based revolver expected at Libor plus 150 bps, 30 bps unused fee; $750 million seven-year covenant-light term loan (Ba3/BB+) talked at Libor plus 275 bps to 300 bps, 0.75% Libor floor, OID 991/2, 101 soft call for six months; help fund acquisition of Coleman Cable Inc.; Carrollton, Ga., wire and cable producer.

SUNSOURCE (STS OPERATING INC.): $280 million senior secured credit facility (B2/B); Barclays and Jefferies; $25 million five-year revolver; $255 million seven-year first-lien term loan talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; refinance existing debt and fund a one-time dividend; fluid power and motion-control technologies provider.

SUPERVALU INC.: Roughly $1.5 billion covenant-light term loan due March 21, 2019 talked at Libor plus 350 bps, 1% Libor floor, OID 99 7/8, 101 soft call for six months; Goldman Sachs; Eden Prairie, Minn., food wholesaler.

SURGERY CENTER HOLDINGS INC.: $90 million add-on second-lien term loan (Caa2/CCC+) at Libor plus 850 bps, 1.25% Libor floor, OID 981/2; JPMorgan and Morgan Stanley; fund a dividend; Chicago-based operator of ambulatory surgery centers.

TAMINCO CORP.: Expected close Feb. 5; $586.9 million of U.S. bank debt; Citigroup; $200 million revolver due Feb. 15, 2017 talked at Libor plus 275 bps, 0.75% Libor floor; $386.9 million term B (including $43 million add-on) due Feb. 15, 2019 talked at Libor plus 275 bps, 0.75% Libor floor, 101 soft call for six months; also €185.6 million term B (including €67.7 million add-on) due Feb. 15, 2019 talked at Euribor plus 300 bps, 0.75% floor, 101 soft call for six months; help fund acquisition of the formic acid business of Kemira Oyj and repricing of revolver and term loans; Allentown, Pa., producer of alkylamines and alkylamine derivatives.

TCW GROUP: Roughly $350 million term B (BB+) talked at Libor plus 225 bps, 0.75% Libor floor, OID 99¾ to par, 101 soft call for six months; JPMorgan; refinance existing term B; Los Angeles-based asset management firm that specializes in fixed-income, world equity and alternative markets.

TOWER AUTOMOTIVE HOLDINGS USA LLC: $417 million senior secured term B due April 23, 2020 talked at Libor plus 300 bps to 325 bps, 1% Libor floor, 101 soft call for six months; Citigroup; repricing; Livonia, Mich., supplier of automotive metal structural components and assemblies.

UNITED STATES INFRASTRUCTURE CORP.: $430 million covenant-light term loan talked at Libor plus 300 bps to 325 bps, 1% Libor floor, 101 soft call for six months; Deutsche Bank, RBC and GE Capital; repricing; Indianapolis-based provider of outsourced utility locating services.

VAT INC.: $405 million seven-year first-lien covenant-light term loan (B+) at Libor plus 375 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; Credit Suisse and UBS; also CHF 30 million five-year revolver; help fund buyout by Capvis and Partners Group; Sennwald, Switzerland, vacuum valves company.

VERINT SYSTEMS INC.: $945 million (including $300 million tack-on) covenant-light term loan (BB-) due Sept. 6, 2019 at Libor plus 275 bps, 0.75% Libor floor, OID 99¾ on tack-on, 101 soft call through Sept. 7, 2014; Credit Suisse and Deutsche Bank; help fund acquisition of KANA Software Inc. and reprice existing term loan; Melville, N.Y., provider of actionable intelligence and value-added services.

VWR FUNDING INC.: Expected close Jan. 29; $587 million senior secured term B (B+) due April 3, 2017 at Libor plus 325 bps, 101 soft call for six months; Citigroup and Bank of America; also €573 million senior secured term B (B+) due April 3, 2017 at Euribor plus 350 bps, 101 soft call for six months; repricing; Radnor, Pa., provider of laboratory supplies, equipment and services.

W.R. GRACE & CO.: $1.55 billion credit facility (Ba2/BBB-); Goldman Sachs, Deutsche Bank, Bank of America and HSBC; $400 million five-year revolver; $700 million seven-year term loan at Libor plus 225 bps, 0.75% Libor floor, OID 993/4; $200 million seven-year euro equivalent term loan at Euribor plus 250 bps, 0.75% floor, OID 993/4; $250 million seven-year final maturity delayed-draw term loan at Libor plus 225 bps, 0.75% Libor floor, OID 993/4; help fund Chapter 11 exit; Columbia, Md., specialty chemicals company.

On The Horizon

AMERICAN PACIFIC CORP.: $355 million senior secured credit facility; Jefferies; $25 million 41/2-year revolver; $330 million five-year term loan; help fund buyout by H.I.G. Capital LLC; Las Vegas-based custom manufacturer of fine chemicals and specialty chemicals.

ANAREN INC.: $235 million senior secured credit facility; Credit Suisse; $20 million revolver; $145 million first-lien term loan; $70 million second-lien term loan; help fund buyout by Veritas Capital; Syracuse, N.Y.-based designer, developer, manufacturer and seller of highly integrated microwave components, assemblies and subsystems for the wireless communications, satellite communications and defense electronics markets.

ARDEN GROUP INC.: $180 million senior secured credit facility; BMO; $30 million revolver; $150 million term loan; help fund buyout by TPG; Compton, Calif., operator of specialty grocery stores.

AVAGO TECHNOLOGIES LTD.: $5.1 billion credit facility; $500 million revolver; $4.6 billion seven-year term loan; help fund acquisition of LSI Corp.; Singapore-based designer, developer and supplier of analog semiconductor devices.

CEC ENTERTAINMENT INC.: $875 million credit facility; Deutsche Bank, Morgan Stanley, UBS and Credit Suisse; $150 million five-year revolver expected at Libor plus 325 bps, 50 bps unused fee; $725 million seven-year term loan expected at Libor plus 350 bps, 1% Libor floor, 101 soft call for six months; help fund buyout by Apollo Global Management LLC; Irving, Texas, operator of Chuck E. Cheese's family dining and entertainment stores.

CONVERGYS CORP.: $650 million credit facility; Citigroup and Bank of America; $350 million five-year term loan; $300 million revolver; help fund acquisition of Stream Global Services Inc.; Cincinnati-based provider of customer management services.

DEALERTRACK TECHNOLOGIES: $825 million senior secured credit facility; JPMorgan, Bank of America, Barclays and Wells Fargo; $200 million revolver; $625 million seven-year term loan; help fund acquisition of Dealer.com; Lake Success, N.Y., provider of web-based software and services to the automotive industry.

ENGILITY CORP.: $150 million of incremental senior secured credit facility debt due Aug. 9, 2018; Bank of America; $75 million add-on term loan; $75 million add-on revolver; help fund acquisition of Dynamics Research Corp.; Chantilly, Va.-based pure-play government services contractor.

FIELDWOOD ENERGY LLC: New debt financing; Citigroup, JPMorgan, Deutsche Bank, Bank of America and Goldman Sachs; help fund acquisition of SandRidge Energy Inc.'s Gulf of Mexico and Gulf Coast business; Houston-based acquirer and developer of conventional oil and gas assets.

JONES APPAREL: $200 million senior secured credit facility; Wells Fargo and Bank of America leading revolver, Wells Fargo leading term loan; $175 million asset-based revolver; $25 million term loan; help fund buyout by Sycamore Partners; apparel company.

JONES GROUP INC.: $650 million senior secured credit facility; Wells Fargo and Bank of America leading revolver, Morgan Stanley, Jefferies and MCS leading term loan; $250 million asset-based revolver; $400 million term loan; help fund buyout by Sycamore Partners; New York-based designer, marketer and wholesaler of apparel, footwear, jeanswear, jewelry and handbags.

ORTHO-CLINICAL DIAGNOSTICS: New debt financing; Barclays, Goldman Sachs, Credit Suisse, UBS and Nomura; help fund buyout by Carlyle Group from Johnson & Johnson; Raritan, N.J., provider of solutions for screening, diagnosing, monitoring and confirming diseases.

PAR PHARMACEUTICALS COS. INC.: New debt financing; help fund acquisition of JHP Group Holdings; Woodcliff Lake, N.J., specialty pharmaceutical company.

RCS CAPITAL CORP.: $725 million senior secured credit facility; Barclays and Bank of America; $25 million revolver; $550 million first-lien term loan; $150 million second-lien term loan; help fund acquisition of Cetera Financial Group from Lightyear Capital; New York-based holding company that operates and grows businesses focused on the financial services industry.

STUART WEITZMAN: $255 million senior secured credit facility; Wells Fargo leading revolver, Jefferies and MCS leading term loan; help fund buyout by Sycamore Partners; apparel company.

UPPER PENINSULA POWER CO.: New debt financing; Scotia Bank and RBC; help fund buyout by Balfour Beatty Infrastructure Partners LP from Integrys Energy Group Inc.; regulated electric utility business.

VISANT CORP.: $260 million senior secured term loan expected at Libor plus 575 bps, 1% Libor floor, 101 soft call for six months; Credit Suisse; help fund acquisition of American Achievement Group Holding Corp.; Armonk, N.Y., marketing and publishing company.

XPO LOGISTICS INC.: $325 million of senior secured term loans; Credit Suisse; help fund acquisition of Pacer International Inc. and general corporate purposes; Greenwich, Conn., provider of transportation logistics services.


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