Bank Loan Calendar

Total amount of deals being marketed: $17.83 billion

MARCH:

ALLIED WASTE INDUSTRIES INC.: $3 billion credit facility; JPMorgan, Citibank, Credit Suisse First Boston, Deutsche Bank and UBS Warburg; about $1.5 billion revolver with price talk of Libor plus 300 bps; about $1.5 billion institutional with price talk of Libor plus 350 bps; refinance debt; Scottsdale, Ariz. solid waste management company.

DOLE FOOD CO. INC.: Top tier bank meeting Feb. 20; Retail launch March 10; $1.15 billion credit facility; Deutsche Bank, Scotia Capital and Bank of America; $600 million 5 1/2-year term B at Libor plus 375 bps; $250 million five-year term A at Libor plus 325 bps; $300 million five-year revolver (in U.S. and euros) at Libor plus 325 bps; help fund buyout of Dole by DHM Acquisition Co., which is wholly owned by David H. Murdock; Westlake Village, Calif. producer and marketer of fresh fruit, vegetables and flowers.

PEABODY ENERGY: Bank meeting March 4; $1.2 billion credit facility; Lehman Brothers, Wachovia and FleetBoston; $600 million revolver; $600 million term loan; help fund tender offer for $317.098 million 8 7/8% senior notes due 2008 and $392.219 million 9 5/8% senior subordinated notes due 2008; St. Louis coal company.

UPCOMING CLOSINGS

ADVANCE STORES CO. INC.: $350 million add-on (Ba3); JPMorgan lead; $275 million add-on to term B, $75 million add-on to term A; all tranches are being repriced at Libor plus 275 bps; wholly owned subsidiary of Advance Auto Parts, Inc., Roanoke, Va. operator of auto parts retail chain.

AMERIPATH INC.: $365 million credit facility (B1/B+); Credit Suisse First Boston and Deutsche Bank; $290 million seven-year term loan B at Libor plus 400 bps; $75 million six-year revolver at Libor plus 350 bps; help fund LBO by Welsh, Carson, Anderson & Stowe; Riviera Beach, Fla. provider of cancer diagnostics, genomic, and related information services.

BRESNAN BROADBAND HOLDINGS LLC: $400 million credit facility; JPMorgan Chase, TD Securities and Wachovia; $100 million seven-year revolver at Libor plus 350 bps; $75 million seven-year delayed draw term A at Libor plus 350 bps; $225 million 71/2-year term loan B at Libor plus 375 bps; help fund acquisition of Comcast Corp.'s cable television systems; White Plains, N.Y. broadband communications provider.

BURNS PHILP & CO. LTD.: $270 million six-year term B at Libor plus 450 bps (B1/B+); Credit Suisse First Boston; help fund acquisition of Goodman Fielder Ltd.; Australian producer of yeast products, bakery ingredients and herbs and spices.

CENTRAL PARKING CORP.: $350 million credit facility (Ba2/BB+); Bank of America; $175 million five-year revolver at Libor plus 275 bps; $175 million seven-year term loan B at Libor plus 325 bps; Nashville parking facility operator.

CINEMARK USA INC.: $200 million credit facility (Ba3/BB-); Lehman Brothers; $75 million five-year revolver at Libor plus 300 bps and 50 bps commitment fee; $125 million term B with price talk of Libor plus 300 bps; refinance senior sub notes; Plano, Tex. movie operator.

CITGO PETROLEUM CORP.: $200 million three-year term loan at Libor plus 550 with 3% Libor floor (Ba2); Credit Suisse First Boston; secured by Citgo's interest in two pipelines; working capital; Tulsa, Okla. petroleum company.

CONSTELLATION BRANDS INC.: $1.6 billion credit facility (Ba1); JPMorgan, Salomon Smith Barney and UBS Warburg; $800 million 5 1/2-year term B at Libor plus 275 bps; $400 million five-year term A at Libor plus 225 bps; $400 million five-year revolver at Libor plus 225 bps; ($450 million bridge loan if necessary (Ba2)); help fund acquisition of BRL Hardy Ltd.; Fairport, N.Y. producer and marketer of alcoholic beverages.

DIRECTV HOLDINGS LLC: Expected close early March; $1.675 billion credit facility (BB-/Ba2); Deutsche Bank, Bank of America, Credit Suisse First Boston, Salomon Smith Barney and Goldman Sachs; $250 million five-year revolver at Libor plus 350 bps; $375 million five-year term A at Libor plus 350 bps; $1.05 billion seven-year term B at Libor plus 350; secured by DirecTV's assets; repay outstanding indebtedness under Hughes existing credit facilities, to fund Hughes' business plan through projected cash flow breakeven and for Hughes' other corporate purposes; El Segundo, Calif. digital satellite television service provider.

EL PASO CORP.: $1 billion two-year term loan at Libor plus 625 bps with 3.5% Libor floor; Salomon Smith Barney and Credit Suisse First Boston; amortization is $250 million in June 2004, $250 million in September 2004 and $500 million balance in March 2005; secured by a portion of the production properties currently supporting the Trinity River financing; retire the projected $825 million net balance of the Trinity River; Houston provider of natural gas services.

FAIRPOINT COMMUNICATIONS INC.: $100 million through amendment and restatement closing in conjunction with closing of bond offering (B1); Deutsche, Bank of America, Wachovia, Credit Suisse First Boston and Citigroup; $70 million revolver; $30 million term A; all due in March 2007; refinance existing debt and general corporate purposes; Charlotte, N.C. telecommunications company.

GAYLORD ENTERTAINMENT CO.: $225 million credit facility; Deutsche, Bank of America, CIBC; $200 million three-year term loan; $25 million three-year revolver; repay existing term loan and complete construction of Gaylord Opryland Texas Resort & Convention Center; Nashville, Tenn. diversified entertainment and communications company.

HILITE INTERNATIONAL INC.: $235 million credit facility (BB-); JPMorgan; $50 million five-year revolver; $185 million six-year term B at Libor plus 400 bps; secured by stock and all assets; refinance existing debt; Cleveland supplier of transmission and engine components.

ILC INDUSTRIES INC.: $130 million senior secured credit facility; UBS Warburg; $15 million five-year revolver at Libor plus 350 bps; $115 million seven-year term B at Libor plus 400 bps; help fund LBO by Behrman Capital and Clifford Lane; Bohemia, N.Y. supplier of defense electronics, advanced microelectronic components and engineered materials.

INTERNATIONAL TRANSMISSION CO.: Expected close Feb. 28; $440 million credit facility; CIBC lead bank, Union Bank of California and SocGen co-syndication agents; operating company $185 million six-year term B at Libor plus 250 bps and $15 million three-year revolver at Libor plus 250 bps (Baa1/A-); holding company $240 million six-year term B at Libor plus 375 bps (Baa3/BBB-); help fund acquisition by affiliates of Kohlberg Kravis Roberts & Co. and Trimaran Capital Partners LLC; Detroit-based transmission business subsidiary of DTE Energy.

ISLE OF CAPRI BLACK HAWK LLC: $135 million add-on (B1/B+); CIBC administrative agent; $105 million term C due 2006 at Libor plus 400 bps; $30 million revolver add-on due 2005 at Libor plus 325 bps to 400 bps based on leverage; help fund purchase of Colorado Central Station Casino and Colorado Grande Casino from International Game Technology, Inc.; Colorado hotel casino jointly owned by Isle of Capri Casinos and Nevada Gold & Casinos.

LENNAR CORP.: $300 million term loan B at Libor plus 200 bps; Deutsche Bank; refinancing; Miami homebuilder and a provider of residential financial services.

MOORE CORP. LTD.: $850 million credit facility; Deutsche Bank, Salomon Smith Barney and Morgan Stanley; $500 million seven-year term B at Libor plus 275 bps; $350 million five-year revolver at Libor plus 250 bps; help fund the acquisition of Wallace Computer Services Inc.; Mississauga, Ont. manager and distributor of print information.

NATIONAL BEDDING CO.: $235 million credit facility (B1/B+); Bank of America; $60 million revolver; $75 million term A; $100 million term B at Libor plus 375 bps; all due in 2008; secured by all assets; help fund acquisition of Sleepmaster LLC; Illinois bedding manufacturer.

NORCROSS SAFETY PRODUCTS LLC: Expected close first week of March; $165 million credit facility (B1/B+); CIBC and Fleet; $35 million five-year revolver at Libor plus 350 bps; $130 million six-year term B at Libor plus 425 bps; refinancing; Oak Brook, Ill. manufacturer of personal protection equipment.

PENN NATIONAL GAMING INC.: $800 million credit facility (B1/B+); Bear Stearns, Merrill Lynch joint lead arrangers, joint bookrunners and syndication agents; $600 million term B at Libor plus 400 bps; $100 million revolver at Libor plus 300 bps; $100 million term A at Libor plus 300 bps; secured by assets and stock; fund acquisition of Hollywood Casino Corp. and refinance debt; Wyomissing, Pa. gaming company.

PERRY ELLIS INTERNATIONAL INC.: $110 million three-year revolver with an interest rate ranging from Libor plus 200 to 275 bps depending on the funded debt to EBITDA and availability; Congress Financial Corp.; help fund the acquisition of Salant Corp., working capital and general corporate purposes; Miami men's clothing company.

SILGAN HOLDINGS INC.: Expected close March 3; $150 million add-on term loan at Libor plus 200 bps; Deutsche Bank; help fund acquisition of remaining 65% percent interest in White Cap joint venture from Amcor White Cap Inc.; Stamford, Conn. manufacturer of consumer goods packaging products.

SPECTAGUARD ACQUISITIONS LLC (ALLIED SECURITY): $125 million credit facility (B2/B+); JPMorgan Chase and Bear Stearns; $105 million seven-year term loan; $20 million five-year revolver; secured by all tangible and intangible assets of the company and its domestic subsidiaries, 100% of the capital stock of the company and its domestic subsidiaries and 66% of the capital stock of its foreign subsidiaries; help finance the acquisition of Allied Security by MacAndrews & Forbes Holdings Inc.; King of Prussia, Pa. provider of contract security services and products.

TRW AUTOMOTIVE: $1.96 billion credit facility (Ba2/BB/BB); Credit Suisse First Boston, JPMorgan, Deutsche Bank, Lehman Brothers and Bank of America; $500 million six-year revolver at Libor plus 350 bps; $410 million six-year term A at Libor plus 350 bps; $1.05 billion eight-year term B at Libor plus 400 bps; all tranches will be comprised of euros and U.S. dollars; help fund acquisition of TRW by The Blackstone Group from Northrop Grumman Corp.; Livonia, Mich. diversified supplier of automotive systems, modules and components.

TWEETER HOME ENTERTAINMENT GROUP INC.: $110 million three-year revolver; Fleet National Bank; replace existing revolver; Canton, Mass. retailer of audio and video consumer electronics products.

ON THE HORIZON:

K2 INC.: $225 million three-year credit facility; Bank One; secured by all assets of K2 and domestic subsidiaries, including the assets of Rawlings following merger, as well as stock of certain of K2's foreign subsidiaries; refinance existing indebtedness, including Rawlings' existing bank debt following merger, fund future acquisitions and for general working capital purposes; Los Angeles sporting goods company.

KINETIC SYSTEMS, INC.: $150 million credit facility; Bank of Nova Scotia; to pay separation note to Celerity Group, Inc.; Milpitas, Calif. provider of turnkey process systems and operating services.

KMART CORP.: $2 billion 36-month revolving exit financing facility at Libor plus 350 bps; GE Commercial Finance, Fleet Retail Finance Inc. and Bank of America; secured by inventory; replace DIP and help fund working capital needs; Troy, Mich. discount retailer.

LOEWS CINEPLEX THEATERS, INC.: Seven-year term loan and five-year revolver; Credit Suisse First Boston and Merrill Lynch; term loan proceeds to help repay Loews' existing credit facility and facility of its Loeks-Star Theatres subsidiary and for fees and expenses, revolver for general corporate purposes; coming in conjunction with $300 million IPO and notes offering; New York, N.Y. movie theater operator.

SYMBION INC.: $100 million three-year revolver; in conjunction with IPO; Bank of America; commitment fee to range from 37.5 bps to 50 bps; secured by a first priority lien on substantially all real and personal property of the company and its subsidiaries, all capital stock or other interests in wholly-owned subsidiaries and a pledge of ownership interests in majority owned-subsidiaries; for acquisitions, developments of new centers and working capital; Nashville, Tenn. surgery center operator.

FULL DOCUMENTATION FOR RECENT DEALS AND AMENDMENTS:

GRAHAM PACKAGING HOLDINGS CO.: New credit facility via Deutsche Bank Trust Co. Americas as administrative agent, Salomon Smith Barney Inc. as syndication agent, LaSalle Bank NA as documentation agent and Deutsche Bank Securities Inc. as sole lead arranger and sole book runner.

http://www.sec.gov/Archives/edgar/data/1061507/000106150703000002/exhibit10-1.txt

IMC GLOBAL INC.: Amendment to credit facility to ease financial covenants; via JP Morgan Chase Bank as administrative agent; dated Feb. 21.

http://www.sec.gov/Archives/edgar/data/820626/000104746903007083/a2104616zex-4_1.txt

INSTEEL INDUSTRIES, INC.: Amendment to credit facility, extending maturity, modifying covenants and interest rate; via Bank of America as agent; dated Feb. 18.

http://www.sec.gov/Archives/edgar/data/764401/000095014403002057/g80779exv4w1xgy.txt

MSX INTERNATIONAL, INC.: Amended and restated $150 million credit agreement via Bank One NA; dated Feb. 14.

http://www.sec.gov/Archives/edgar/data/1059274/000095012403000424/k74950exv99w2.txt

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