Bank Loan Calendar

Total amount of deals being marketed: $24.2645 billion

MARCH:

CACI INTERNATIONAL INC.: Bank meeting March 31; $550 million credit facility; Banc of America Securities LLC; $220 million five-year revolver at Libor plus 225 bps, 50 bps undrawn fee; $350 million seven-year term B at Libor plus 225 bps; finance $415 million cash acquisition of American Management System Inc.'s Defense and Intelligence Group; Arlington, Va., provider of IT and network solutions.

GUNDLE/SLT ENVIRONMENTAL INC.: $215 million credit facility; UBS sole bookrunner; help support acquisition by Code Hennessy & Simmons LLC; Houston manufacturer and marketer of geosynthetic lining solutions, products and services.

UNITED INDUSTRIES CORP.: Bank meeting tentatively March 25; $510 million credit facility (B1/B+); Bank of America and Citigroup; $385 million term loan; $125 million revolver; finance acquisition of the Nu-Gro Corp., redeem preferred stock and redeem subordinated notes; St. Louis consumer lawn and garden care products company.

APRIL:

BOYD GAMING CORP.: New credit facility via Bank of America and CIBC; support merger with Coast Casinos Inc.; Las Vegas gaming company.

MAY:

UGS PLM SOLUTIONS: New credit facility via JPMorgan, Citigroup and Morgan Stanley; help support acquisition by Bain Capital, Silver Lake Partners and Warburg Pincus from Electronic Data Systems Corp.; Plano, Tex. provider of PLM software and related services.

YONKERS RACEWAY: $185 million term loan; Merrill Lynch; construction financing; Yonkers, N.Y. horse racing track.

UPCOMING CLOSINGS

ADAMS OUTDOOR: $295 million credit facility; Wachovia; $185 million first lien term loan talked at Libor plus 275 bps (B1); $60 million second lien term loan talked at Libor plus 400 bps (B2); $50 million revolver talked at Libor plus 275 bps (B1); refinance; Atlanta outdoor advertising company.

ADESA INC.: $500 million credit facility (structure still fluid); UBS and Merrill Lynch, UBS listed on the left; $150 million five-year revolver at Libor plus 225 bps; $200 million five-year term A at Libor plus 225 bps; $150 million six-year term B at Libor plus 250 bps (not yet launched); support spin-off from Allete Inc.; Carmel, Ind., operator of used vehicle and auto salvage auctions.

AEARO CORP.: $175 million credit facility (B1/B+); Deutsche Bank and Bear Stearns, Deutsche listed on the left; $125 million term loan talked at Libor plus 275 bps; $50 million revolver talked at Libor plus 275 bps; support Bear Stearns Merchant Banking's acquisition of the company from Vestar Capital for $385 million, including assumed debt of about $210 million; Indianapolis personal protection equipment company.

ALLIANT TECHSYSTEMS INC.: $700 million senior secured credit facility (Ba2/BB); Bank of America; $300 million five-year revolver at Libor plus 200 bps; $400 million seven-year term B at Libor plus 200 bps; refinance the existing credit facility; Edina, Minn., supplier of aerospace and defense products.

ALLIED WASTE INTERNATIONAL INC.: $150 million term D at Libor plus 250 bps, 101 call protection; JPMorgan and Citigroup; help fund the cash tender offer for Allied Waste North America Inc.'s $1 billion 10% senior subordinated notes due 2009; Scottsdale, Ariz. waste services company.

AMERICAN ACHIEVEMENT CORP.: $195 million credit facility (B1/B+); Goldman and Deutsche, Goldman on left; $40 million revolver; $155 million term loan talked at Libor plus 275 bps; help support acquisition by a new company organized and managed by Fenway Partners from Castle Harlan Inc.; Austin, Texas, manufacturer and seller of high school and college class rings and yearbooks.

AMERICAN SEAFOODS GROUP LLC: $300 million credit facility; CIBC; $80 million five-year revolver at Libor plus 300 bps; $220 million seven-year term B split between floating rate and fixed rate tranches, floating rate at Libor plus 300 bps; secured by intercompany debt, capital stock and certain assets; fund tender for 10 1/8% notes; Seattle producer of seafood products.

AMS SERVICES INC.: $110 million credit facility; Credit Suisse First Boston sole lead arranger; $20 million four-year revolver at Libor plus 325 bps, 50 bps commitment fee; $70 million four-year term loan at Libor plus 325 bps; $20 million second lien six-year term B at Libor plus 650 bps; recapitalization; Windsor, Conn., enterprise software and information services provider to the insurance industry.

ASTORIA ENERGY LLC: $690 million eight-year term B at Libor plus 450 bps (Ba3/B+); Credit Suisse First Boston; construction financing; subsidiary of SCS Energy LLC, a Concord, Mass., electric company.

ATP OIL & GAS CORP.: $175 million five-year term loan at Libor plus 850 bps, 1.5% Libor floor, offered at 99; Credit Suisse First Boston; secured by all U.S. and U.K. assets; refinance bank debt; Houston natural gas and oil company.

BUILDERS FIRSTSOURCE: $405 million senior secured credit facility; UBS sole lead arranger and administrative agent, Bear Stearns co-arranger and syndication agent; $90 million five-year revolver at Libor plus 275 bps (B+); $230 million six-year first lien term loan at Libor plus 325 bps (B+); $85 million 61/2-year second lien term loan at Libor plus 850 bps, 2% floor, issued at 99, call protection of 102 in year one, 101 in year two; support JLL Partners' recapitalization of the company; Dallas supplier of building products.

CARIBBEAN RESTAURANTS INC.: $262 million credit facility; Credit Suisse First Boston and Wachovia joint lead arrangers and bookrunners, with CSFB administrative agent and Wachovia syndication agent; $30 million five-year revolver at Libor plus 300 bps (B2/B+), 50 bps commitment fee; $125 million five-year first lien term loan at Libor plus 300 bps (B2/B+); $107 million six-year second lien term loan Libor plus 500 bps (B3/B-); dividend recapitalization; operator of Burger Kings in Puerto Rico.

CINEMARK USA INC.: $270 million term loan at Libor plus 250 bps (Ba3); Goldman and Lehman; repay existing term loans and to repurchase or redeem 8½% series B senior subordinated notes due 2008; part of Madison Dearborn LLC recapitalization; Plano, Texas, motion picture exhibitor.

CONSOLIDATED COMMUNICATIONS INC.: $427 million credit facility (B1); Citigroup and Credit Suisse First Boston joint lead arrangers and joint bookrunners, Citigroup administrative agent, CSFB syndication agent, Deutsche Bank documentation agent; $30 million six-year revolver at Libor plus 250 bps, 50 bps commitment fee; $122 million six-year term A at Libor plus 250 bps; $275 million 71/2-year term B at Libor plus 275 bps; acquisition financing; Mattoon, Ill., provider of voice and data communication services.

DEAN FOODS CO.: $300 million term loan C talked at Libor plus 175 bps; Wachovia and Bank One; pay down the company's revolver and receivables-based facility; Dallas processor and distributor of milk and other dairy products.

DOLLAR THRIFTY AUTOMOTIVE GROUP INC.: $785 million credit facility; $485 million 364-day revolver at Libor plus 125 bps, 25 bps commitment fee; $300 million five-year revolver at Libor plus 200 bps, 37.5 bps commitment fee; Credit Suisse First Boston and JPMorgan joint lead arrangers and joint bookrunners on the 364-day revolver, Credit Suisse First Boston and Bank of Nova Scotia joint lead arrangers and joint bookrunners on the five-year revolver; Tulsa, Okla., vehicle rental company.

DOUGLAS DYNAMICS LLC: $220 million credit facility; Credit Suisse First Boston sole lead and bookrunner; $50 million five-year revolver at Libor plus 300 bps, 50 bps commitment fee (B+); $120 million six-year term B at Libor plus 275 bps (B+); $50 million seven-year second lien term loan at Libor plus 650 bps (B-); help support LBO by DDL Acquisition Corp., formed by Aurora Capital Group, from AK Steel Holding Corp.; Johnson City, Tenn., manufacturer of snow and ice removal equipment.

EXIDE TECHNOLOGIES: $500 million debtor-in-possession facility due May 15; Deutsche; $133 million revolver at Libor plus 375 bps; $367 million term loan at Libor plus 375 bps; Princeton, N.J., manufacturer of lead acid batteries.

EXIDE TECHNOLOGIES: $600 million senior secured exit financing facility (Ba3/BB-); Deutsche Bank Securities Inc. and Credit Suisse First Boston joint lead arrangers; six-year term loan at Libor plus 400 bps; six-year foreign term loan at Libor plus 400 bps; six-year euro term loan at Libor plus 400 bps; five-year revolver at Libor plus 400 bps; term loan to refinance existing debt, revolver for working capital, capital expenditures and general corporate purposes; Princeton, N.J., manufacturer of lead acid batteries.

FREEDOM COMMUNICATIONS INC.: $1.1 billion senior credit facility (Ba3/BB); JPMorgan, Morgan Stanley, Wachovia, Deutsche and UBS; $750 million term B at Libor plus 225 bps; $100 million revolver at Libor plus 225 bps; $250 million term A at Libor plus 225 bps; help support recapitalization under which Blackstone Communications Partners and Providence Equity Partners will make a significant investment in the firm and enable continued control by descendents of founder R. C. Hoiles; Irvine, Calif., diversified media company.

HERCULES INC.: $550 million credit facility (Ba1/BB); Credit Suisse First Boston and Wachovia joint lead arrangers and joint bookrunners, CSFB administrative agent, Wachovia syndication agent; $150 million five-year revolver at Libor plus 275 bps, 50 bps commitment fee; $400 million 61/2-year term B at Libor plus 250 bps; refinance; Wilmington, Del., manufacturer and marketer of specialty chemicals and related services.

THE HILLMAN COS. INC.: $257.5 million credit facility (B2/B); Merrill Lynch and JPMorgan; $40 million revolver at Libor plus 300 bps; $217.5 million term B at Libor plus 325 bps; support buyout by an affiliate of Code Hennessy & Simmons LLC from Allied Capital Corp.; Cincinnati manufacturer of key-making equipment and distributor of key blanks, fasteners, signage, and other small hardware components.

HOME INTERIORS & GIFTS INC.: $370 million credit facility (B2/B); JPMorgan and Bear Stearns, JPMorgan listed on the left; $320 million term loan at Libor plus 425 bps, 1% upfront; $50 million revolver at Libor plus 275 bps; refinance about $169.8 million of existing senior debt, repurchase all approximately $139 million or a portion of the company's outstanding convertible preferred stock, for general working capital purposes and to pay transaction fees and expenses; Dallas integrated manufacturer and distributor of home decorative accessories.

INVISTA: $1.8 billion credit facility (Ba3/BB); JPMorgan, Deutsche and Credit Suisse First Boston, with JPMorgan listed on the left; $400 million revolver at Libor plus 275 bps; $150 million term A at Libor plus 275 bps; $1.2 billion term B at Libor plus 275 bps; help back the acquisition of Invista by Koch Industries Inc. from DuPont for $4.4 billion in cash; Wilmington, Del., integrated fiber and intermediates business.

ITRON INC.: $240 million credit facility (Ba3/BB-); Bear Stearns sole lead arranger, sole bookrunner and syndication agent, Wells Fargo administrative agent; $55 million revolver talked at Libor plus 275 bps; $185 million term B at Libor plus 225 bps, with step-down to Libor plus 200 bps of leverage falls below 2x; help fund acquisition of Schlumberger's Electricity Metering business; Spokane, Wash., provider of technology for collecting and analyzing electric, gas and water usage data to energy and water industries.

JARDEN CORP.: $100 million term B add-on (Ba3/B+) and repricing existing B loan at Libor plus 250; CIBC administrative agent, Citigroup syndication agent; help fund the acquisition of United States Playing Card Co. for about $232 million in cash; Rye, N.Y., provider of niche, branded consumer products.

KANSAS CITY SOUTHERN: $250 million credit facility (Ba3/BB+); Morgan Stanley and Scotia; $100 million revolver at Libor plus 225 bps; $150 million term B at Libor plus 200 bps; refinancing; Kansas City, Mo., holding company with principal operations in rail transportation.

KB TOYS INC.: $350 million senior secured DIP; Fleet Retail Group Inc.; $325 million tranche A revolver with a $150 million letter of credit sublimit, at Libor plus 225 to 275 bps depending on availability, unused fee of 37.5 bps; $25 million tranche B revolver at Libor plus 600 bps, unused fee of 75 bps; operating expenses, capital expenditures and general corporate purposes; Pittsfield, Mass., toy retailer.

LUIGINO'S INC.: $205 million credit facility (B1/B+); Goldman Sachs and NatCity; $30 million revolver at Libor plus 275 bps; $175 million term loan at Libor plus 275 bps; refinance debt and fund a dividend payment; Duluth, Minn., frozen prepared foods company.

MEDCO HEALTH SOLUTIONS INC.: $800 million term loan A (Ba1/BBB) talked at Libor plus 125 bps; JPMorgan and Citigroup; repay and eliminate the existing term loan A and term loan B; Franklin Lakes, N.J., pharmacy benefit manager.

METOKOTE CORP.: $210 million credit facility; Wachovia; $135 million term B at Libor plus 325 bps (B1/B+); $45 million second lien term loan at Libor plus 575 bps (B3/B-); $30 million revolver at Libor plus 300 bps (B1/B+); dividend recapitalization; Lima, Ohio, protective coating applications company.

MUELLER GROUP INC.: $635 million credit facility; Credit Suisse First Boston sole lead arranger and sole bookrunner; $100 million five-year revolver talked at Libor plus 300 to 325 bps, 50 bps commitment fee; $535 million seven-year term loan talked at Libor plus 300 to 325 bps; recapitalization; Decatur, Ill. maker of fire hydrants and water and gas valves.

OWENS-ILLINOIS INC.: $1.437 billion credit facility due April 2008 (B1/BB-/B+), split into $170 million U.S. term loan, $382 million European term loan, $385 million European delayed draw term loan; $500 million bridge loan; all priced at Libor plus 300 bps; Citigroup, Deutsche and Bank of America; finance the proposed acquisition of BSN Glasspack SA; Toledo, Ohio, manufacturer of packaging products.

PATRIOT MEDIA & COMMUNICATIONS CNJ LLC: $185 million credit facility (B1); Bank of New York; $120 million term B due 2011 at Libor plus 300 bps, stepdown to Libor plus 275 bps; $25 million term A due 2010 at Libor plus 300 bps; $40 million revolver due 2010 at Libor plus 300 bps; repricing and adding on $20 million to existing term B; Greenwich, Conn., cable operator.

PAXTON MEDIA GROUP LLC: $350 million credit facility; Wachovia left lead bank, Fleet, Bank of New York, SunTrust and KeyBank agents; $200 million seven-year revolver at Libor plus 150 bps; $150 million seven-year term A at Libor plus 150 bps; refinance; Peducah, Ky., media company.

PRECISE TECHNOLOGY INC.: $206 million credit facility; Wachovia; $135 million term loan (B1/B+) talked at Libor plus 300 to 350 bps; $51 million second lien term loan (B2/B-) talked around Libor plus 600 bps; $20 million revolver (B1/B+) at Libor plus 300 bps; repurchase subordinated debt and fund small dividend; North Versailles, Pa., contract injection molder.

PREMCOR INC.: $1 billion credit facility; Citigroup; $900 million asset-based revolver with grid based pricing that can range from Libor plus 200 to 250 bps depending on utilization; $100 million synthetic term loan at Libor plus 225 bps; refinancing; Old Greenwich, Conn. petroleum company.

PRESTIGE BRANDS INTERNATIONAL INC.: $500 million credit facility; Bank of America and Citigroup; $350 million term B talked at Libor plus 275 bps (B1/B); $100 million second lien term C (B2/CCC+) talked at Libor plus 475 bps; $50 million revolver (B1/B); support the acquisition of Prestige by an affiliate of GTCR Golder Rauner LLC from MidOcean Partners; Bonita Springs, Fla., consumer products company.

RENAL CARE GROUP INC.: $475 million five-year credit facility; Bank of America; $325 million term loan; $150 million revolver; Libor plus 150 bps on both tranches; fund the acquisition of National Nephrology Associates Inc., de novo development, acquisitions, share repurchases and other general corporate purposes; Nashville, Tenn., specialized dialysis services company.

SEALY CORP.: $685 million credit facility (B2/B+); JPMorgan and Goldman Sachs; $125 million six-year revolver at Libor plus 250 bps; $560 million eight-year term loan at Libor plus 275 bps; support Kohlberg Kravis Roberts & Co.'s approximately $1.5 billion acquisition of the company and refinance existing debt; Trinity, N.C., bedding manufacturer.

SKILL CO.: $140 million credit facility (B+); BNP Paribas; $120 million term B talked at Libor plus 350 bps, offered at par; $20 million revolver talked at Libor plus 350 bps, 50 bps upfront fee; support leveraged buyout; diversified manufacturing company catering to hobby toy sector.

SOTHEBY'S HOLDINGS INC.: $200 million senior secured credit facility; GE Commercial Finance Corporate Lending; refinance; New York auction company.

TEAM HEALTH INC.: Expected close late March; $350 million credit facility (B1/B+); Bank of America and JPMorgan joint lead arrangers and joint bookrunners, Bank of America administrative agent, JPMorgan syndication agent, Merrill Lynch documentation agent; $100 million at Libor plus 250 bps; $250 million term B at Libor plus 325 bps; refinance existing senior debt, help fund the tender offer of 12% senior subordinated notes that are callable at 108 and redeem preferred shares that carry a 10% PIK; Knoxville, Tenn., provider of outsourced physician services.

TRANSDIGM HOLDING CO.: $295 million 6.25-year term B at Libor plus 225 bps; Credit Suisse First Boston sole lead arranger and sole bookrunner; refinance; Richmond Heights, Ohio supplier of highly engineered aircraft components.

TRANSPORTATION TECHNOLOGIES INDUSTRIES: $265 million credit facility; Credit Suisse First Boston, Lehman Brothers and Wachovia Securities joint lead arrangers, with CSFB administrative agent and Wachovia syndication agent; $50 million five-year revolver at Libor plus 300 bps (B2/B); $115 million five-year term loan at Libor plus 375 bps (B2/B); $100 million second lien five-year term B at Libor plus 700 bps (B3/CCC+); refinance; Chicago maker of parts, subassemblies and component systems for manufacturers and aftermarket suppliers of vehicles.

TRUE TEMPER CORP.: $130 million credit facility (B1/B+); Credit Suisse First Boston and Anteres joint lead arrangers, joint bookrunners; $20 million five-year revolver at Libor plus 250 bps, 50 bps commitment fee; $110 million seven-year term B at Libor plus 250 bps; help support LBO by management and Gilbert Global Equity Partners from Cornerstone Equity Investors; Memphis, Tenn., sporting goods manufacturer.

UNISOURCE ENERGY CORP. $490 million credit facility; JPMorgan, Credit Suisse First Boston and Lehman Brothers joint lead arranger; $340 million five-year synthetic letter-of-credit facility at Libor plus 225 bps at Tucson Electric Power Co.; $60 million five-year revolver at Libor plus 225 bps, 50 bps commitment fee at Tucson Electric; $40 million at Libor plus 250 bps at UniSource Energy Services; $50 million revolver at Libor plus 350 bps at Saguaro Utility Group LP; support acquisition of UniSource by Saguaro and refinance existing debt; Tucson, Ariz., electric company.

UNITED STATES SHIPPING LLC: $225 million credit facility; CIBC; $25 million revolver at Libor plus 225 bps; $200 million term loan at Libor plus 250 bps; purchase two ships; New York petroleum tanker company.

VULCAN ENERGY CORP.: $175 million term B talked at Libor plus 325 bps (B1/BB); Fleet sole lead arranger; help fund the acquisition of Plains Resources Inc. with Vulcan Capital as equity sponsor; Plains Resources is a Houston independent energy company.

VWR INTERNATIONAL: $540 million credit facility; Deutsche Bank and Citigroup; $125 million five-year multi-currency revolver at Libor plus 250 bps; $415 million seven-year term loan at Libor plus 275 bps; also €150 million seven-year term loan at Libor plus 300 bps; support the acquisition of VWR by Clayton, Dubilier & Rice Inc. from Merck KGaA for $1.65 billion; West Chester, Pa., distributor of laboratory supplies to the industrial, pharmaceutical, educational and government markets.

WARNER MUSIC GROUP: $1.25 billion credit facility (B+); Bank of America, Deutsche Bank, Lehman Brothers and Merrill Lynch; $250 million six-year revolver at Libor plus 275 bps; $1 billion seven-year term B at Libor plus 300 bps; support the company's purchase by an investor group led by Thomas H. Lee Partners, Edgar Bronfman Jr.'s Lexa Partners, Bain Capital and Providence Equity Partners from Time Warner Inc. for about $2.6 billion in cash; New York City-based music company.

ON THE HORIZON:

ADELPHIA COMMUNICATIONS CORP.: $5.5 billion exit financing facility; JPMorgan Chase & Co., Credit Suisse First Boston, Citigroup Inc. and Deutsche Bank AG; $2 billion six-year term A at Libor plus 150 to 225 bps if rated Ba3/BB-, 175 to 250 bps if rated lower; $2.75 billion seven-year term B at Libor plus 250 bps if rated Ba3/BB-, 275 bps if rated lower; $750 million six-year revolver A at Libor plus 150 to 225 bps if rated Ba3/BB-, 175 to 250 bps if rated lower; $3.3 billion bridge facility; finance cash payments under the proposed Chapter 11 plan of reorganization; Greenwood Village, Colo., cable television company.

AIR CANADA: $585 million exit financing facility; General Electric Capital Corp.; $425 million seven-year term A at Libor plus 425 bps; $160 term B due March 31, 2013 at Libor plus 400 bps; secured by most company assets; general corporate purposes; Montreal-based airline.

BRISTOL WEST HOLDINGS INC.: $125 million credit facility (Ba1); Credit Suisse First Boston joint lead arranger, bookrunner and administrative agent, ING joint lead arranger, bookrunner and syndication agent, Bear Stearns and UBS co-documentation agents; $50 million five-year revolver at Libor plus 150 bps, 50 bps commitment fee; $35 million six-year term A at Libor plus 150 bps $40 million seven-year term B at Libor plus 200 bps; repay $71.5 million outstanding on three existing term loans; Davie, Fla., non-standard private passenger automobile insurer.

DUANE READE INC.: Up to $495 million in debt financing; Banc of America Securities LLC; help support the company's acquisition by an affiliate of Oak Hill Capital Partners LP; expected to close in second calendar quarter 2004; New York drugstore chain.

FLEMING COS. INC.: $250 million exit financing facility; $240 million revolver; $10 million term B; Lewisville, Texas, distributor of consumable goods and supermarket operator.

HOLLY ENERGY PARTNERS LP: $100 million unsecured credit facility in connection with IPO; general partnership purposes, including capital expenditures and acquisitions; Dallas operator of refined product pipelines and distribution terminals.

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 Loews-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.

NEWFIELD EXPLORATION CO.: $600 million four-year senior unsecured reserve-based revolver; JPMorgan; replace existing revolver due Jan. 23, 2005; Houston oil and gas company.

NORTHWESTERN CORP.: $100 million DIP; Bank One; $100 million 364-day revolver at Libor plus 300 bps, 50 bps commitment fee; Sioux Falls, S.D., provider of electricity and natural gas.

POLYPORE INC.: New credit facility via JPMorgan to support buyout by Warburg Pincus LLC from The InterTech Group Inc. and GTCR Golder Rauner LLC; North Charleston, S.C., developer, manufacturer, and marketer of specialized microporous filtration products.

US ONCOLOGY INC.: $550 million senior secured credit facility; JPMorgan Chase Bank, Wachovia Bank and Citicorp North America Inc.; $100 million revolver; $450 million in term loans; support acquisition by Oiler Acquisition Corp., an affiliate of Welsh, Carson, Anderson & Stowe IX, LP; Houston cancer-care services company.

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