Bank Loan Calendar

Total amount of deals being marketed: $43.64125 billion

APRIL:

DANIELSON HOLDING CORP. (COVANTA ENERGY): $1.14 billion credit facility; Goldman Sachs and Credit Suisse First Boston joint lead arrangers, Goldman left lead; $250 million first-lien term B; $100 million revolver; $340 million pre-funded letter-of-credit facility; $450 million second-lien term loan at Libor plus 500 basis points; help finance the acquisition of American Ref-Fuel Holdings Corp. and refinance its corporate debt; Fairfield, N.J., renewable energy and waste disposal company.

DAVITA INC.: $2.95 billion credit facility (BB-); JPMorgan and Credit Suisse First Boston, with JPMorgan left lead; $250 million six-year revolver; $500 million six-year term A; $2.2 billion seven-year term B; help fund acquisition of Gambro Healthcare's U.S. assets and refinance existing facility; El Segundo, Calif., provider of dialysis services.

GARDNER DENVER INC.: Bank meeting April 13; $930 million committed loan package (size fluid based on if other capital market transactions take place; JPMorgan and Bear Stearns, with JPMorgan left lead; revolver; term A; term B; possibly second-lien term loan; help fund the acquisition of Thomas Industries Inc.; Quincy, Ill., producer of blowers, compressors, petroleum and water jetting pumps and accessories.

HAWAIIAN TELECOM: Bank meeting April 12; $875 million credit facility; JPMorgan, Goldman Sachs and Lehman Brothers, with JPMorgan listed on the left; $400 million term B talked at Libor plus 225 bps; $175 million revolver; $300 million term A; help fund The Carlyle Group's $1.65 billion acquisition of Verizon Hawaii from Verizon Communications Inc.; Hawaii-based telecommunications company.

INSURANCE AUTO AUCTIONS INC.: Bank meeting April 14; $165 million credit facility (B2/B); Bear Stearns and Deutsche Bank; $115 million term B; $50 million revolver; help fund LBO by Kelso & Co.; Westchester, Ill., provider of automotive total loss and specialty salvage services.

RAYOVAC CORP.: Conference call April 12; $500 million add-on to dollar- and euro-denominated term loans (under credit agreement accordion feature) at Libor plus 200 bps on U.S. piece, Libor plus 250 bps on euro piece; Bank of America and Citigroup, Bank of America left lead; help fund acquisition of Tetra Holding GmbH; Atlanta-based consumer products company and a leading supplier of batteries, lawn and garden care products, specialty pet supplies and shaving and grooming products.

TNS INC.: Bank meeting targeted for April 20; $230 million senior secured credit facility; GECC Capital Market Group Inc. sole lead arranger and sole bookrunner; $30 million five-year revolver talked at Libor plus 175 bps assuming ratings of Ba3/BB- or better, step down to Libor plus 150 bps based on leverage; up to $200 million seven-year term B talked at Libor plus 175 bps assuming ratings of Ba3/BB- or better, step down to Libor plus 150 bps based on leverage; help fund modified "Dutch" auction tender offer to purchase up to 9 million shares of outstanding common stock; Reston, Va., provider of business-critical, cost-effective data communications services for transaction-oriented applications.

UPCOMING CLOSINGS

ACOUSTICAL MATERIAL SERVICES INC.: $160 million credit facility; UBS; $35 million five-year revolver at Libor plus 275 bps; $125 million seven-year term loan at Libor plus 275 bps; dividend recapitalization; Montebello, Calif., wholesale building materials company.

ADAM'S OUTDOOR ADVERTISING LP: $285 million credit facility (B1/B+); Wachovia; $25 million revolver; $260 million term B talked at Libor plus 200 bps, step down to Libor plus 175 bps based on leverage; refinance the existing credit facility and take out the existing second-lien term loan; Atlanta outdoor advertising company.

ALLIANCE ONE INTERNATIONAL INC.: $400 million credit facility; Wachovia; $300 million three-year revolver at Libor plus 250 bps; $100 million three-year term A at Libor plus 250 bps; back merger of Dimon Inc. and Standard Commercial Corp.; leaf tobacco merchant.

AMERICAN WHOLESALE INSURANCE GROUP INC.: $150 million credit facility; Credit Suisse First Boston sole lead arranger; $110 million six-year term B talked at Libor plus 350 bps; $40 million 61/2-year second-lien term loan talked at Libor plus 850 bps; help fund acquisition of Stewart Smith Group from Willis Group Holdings; Charlotte, N.C., wholesale insurance organization.

ATP OIL & GAS CORP.: $350 million five-year term B at Libor plus 575 bps; Credit Suisse First Boston; refinance; Houston natural gas and oil company.

BILLING SERVICES GROUP LLC: $150 million credit facility; Goldman Sachs; $10 million revolver (B+); $95 million term loan (B+) talked at Libor plus 300 bps; $45 million second-lien term loan (B-) talked at Libor plus 700 bps; refinance debt and dividend payment; Glenview, Ill., provider of outsourced billing solutions to the telecommunications industry.

CAREY INTERNATIONAL INC.: $205 million credit facility; Goldman Sachs; $40 million revolver; $75 million first-lien term loan; $65 million second-lien term loan; $25 million third-lien term loan; refinance; Washington, D.C., limousine company.

CARMEUSE NORTH AMERICA: $230 million credit facility; BNP Paribas; $180 million term loan talked at Libor plus 200 bps; $50 million revolver talked at Libor plus 200 bps; refinance; Pittsburgh producer of lime and limestone products.

CELLNET: $380 million credit facility; Morgan Stanley and Goldman Sachs, with Morgan Stanley left lead; $30 million revolver talked at Libor plus 225 bps; $200 million seven-year term loan talked at Libor plus 275 bps; $150 million eight-year second-lien term loan talked at Libor plus 500 bps, call protection of 102, 101; dividend recapitalization; Atlanta provider of automated meter reading and distribution automation solutions to the utility industry.

CHIQUITA BRANDS INTERNATIONAL INC.: $650 million credit facility; Wachovia and Morgan Stanley joint lead arrangers and joint bookrunners, with Wachovia left lead, and Goldman Sachs documentation agent; $125 million five-year term A (B1/B+) talked at Libor plus 175 bps; $375 million seven-year term B (B1/BB-) talked at Libor plus 225 bps; $150 million five-year revolver (B1/B+) talked at Libor plus 175 bps, 50 bps commitment fee; help fund acquisition of Performance Food Group's subsidiaries that comprise the fresh-cut produce segment (Fresh Express) for $855 million in cash; Cincinnati marketer, producer and distributor of bananas and other fresh produce.

COGENTRIX ENERGY INC.: $700 million credit facility (Ba2/BB+); Goldman Sachs; $650 million term loan; $50 million revolver; refinance existing bank debt and fund a portion of the recently completed acquisition of assets from National Energy & Gas Transmission Inc.; Charlotte, N.C., independent power producer.

COLLINS & AIKMAN CORP.: $75 million six-year add-on term loan at Libor plus 450 bps; Credit Suisse First Boston; capital expenditures or to replenish funds used for capital expenditures; Troy, Mich.-based automotive interior components company.

CONSOLIDATED COMMUNICATIONS HOLDINGS INC.: $390 million 61/2-year term D at Libor plus 250 bps (B1/BB-); Citigroup and Credit Suisse First Boston, with Citi left lead; in connection with IPO; repay term loan A and term loan C, repurchase some senior notes and for general corporate purposes; Mattoon, Ill., provider of voice and data communication services.

CONTIBEEF LLC/MF CATTLE FEEDING INC. JOINT VENTURE: $550 million five-year revolver at Libor plus 175 bps; Rabobank International; help fund formation of independent Boulder, Colo., cattle feeding business through 50/50 joint venture by ContiGroup Cos. Inc. and Smithfield Foods Inc.

CONVERSENT COMMUNICATIONS INC.: $225 million credit facility (B3/B); Bank of America; $25 million revolver; $200 million term loan; refinance existing debt and fund merger of Conversent Holdings Inc., a facilities-based communications provider, and Mountaineer Telecommunications LLC, a local exchange carrier.

CUSTOM BUILDING PRODUCTS INC.: $440 million credit facility; Bank of America; $30 million revolver talked around Libor plus 250 bps; $280 million first-lien term loan talked around Libor plus 250 bps; $130 million second-lien term loan talked around Libor plus 500 bps; help fund LBO by Kelso & Co.; Seal Beach, Calif., provider of installation solutions for tile and stone.

DADE BEHRING HOLDINGS INC.: $600 million revolver (Ba1); Bank of America and Citigroup joint lead arrangers and joint bookrunners; repay term loans and redeem 11.91% notes; Deerfield, Ill., clinical diagnostics company.

DATATEL INC.: $155 million credit facility; Credit Suisse First Boston sole lead arranger, Wells Fargo Foothill syndication agent; $35 million five-year revolver (Ba3/B+) talked at Libor plus 275 bps; $90 million six-year first-lien term loan (Ba3/B+) talked at Libor plus 275 bps; $30 million 61/2-year second-lien term loan (B2/B-) talked at Libor plus 575 bps; help fund a management buyout of the company backed by Thoma Cressey Equity Partners and Trident Capital; Fairfax, Va., provider of fully integrated enterprise information management solutions for higher education institutions.

DELTEK SYSTEMS INC.: $145 million credit facility; Credit Suisse First Boston; $115 million six-year term B talked at Libor plus 275 bps; $30 million five-year revolver talked at Libor plus 275 bps, 50 bps commitment fee; recapitalization; Herndon, Va., provider of application software and solutions to project businesses and professional services firms.

DIRECTV GROUP INC.: $2.5 billion senior secured credit facility (Ba1/BB); Bank of America and JPMorgan, with Bank of America left lead; $500 million six-year revolver at Libor plus 150 bps; $500 million six-year term A at Libor plus 150 bps; $1.5 billion eight-year term B at Libor plus 150 bps; repay and terminate existing $1.26 billion senior secured credit facility and to repay an $875 million unsecured promissory note; close expected early April; El Segundo, Calif., broadcast satellite provider.

DOLE FOOD CO. INC.: $1 billion credit facility (Ba3/BB); Deutsche Bank and Bank of America joint lead arrangers, with Deutsche left lead; $150 million revolver talked at Libor plus 150 bps; $150 million multi-currency revolver talked at Libor plus 150 bps; $350 million equivalent yen-denominated term loan talked at Libor plus 150 bps; $350 million U.S. term loan talked at Libor plus 150 bps; repay term D and E bank debt and help fund tender offer; Westlake Village, Calif., producer and marketer of fresh fruit, fresh vegetables, fresh-cut flowers and packaged foods.

DURA AUTOMOTIVE SYSTEMS INC.: $290 million senior secured credit facility; JPMorgan and Bank of America, with JPMorgan left lead; $175 million asset-based revolver talked at Libor plus 200 bps; $115 million second-lien term loan talked at Libor plus 350 bps; refinance existing $175 million revolver and $111 million term loan C; Rochester Hills, Mich., designer and manufacturer of driver control systems, seating control systems, glass systems, engineered assemblies, structural door modules and exterior trim systems for the automotive and recreation, and specialty vehicle industries.

ENVIROCARE OF UTAH INC.: $640 million credit facility; Citigroup and Calyon, with Citi left lead, Calyon administrative agent; $30 million revolver talked at Libor plus 275 bps; $440 million first-lien term B talked at Libor plus 275 bps, 101 soft call; $170 million second-lien term C talked at Libor plus 550 bps, call protection of 103, 102, 101; repay and refinance existing bank debt and fund a dividend to sponsor Lindsay Goldberg & Bessemer; Salt Lake City provider of waste management services.

FEDERAL INFORMATION TECHNOLOGY SYSTEMS LLC: $90 million credit facility (B2/B+); Bear Stearns and Wachovia, with Bear Stearns left lead; $10 million revolver; $80 million term B talked at Libor plus 300 bps; acquisition of Sensor Systems Inc.; Morristown, N.J., provider of information technology services to the intelligence defense sector.

FEDERAL-MOGUL CORP.: $1.918 billion in bank financing; Citigroup; $1.418 billion exit facility; $500 million asset-based five-year revolver (Ba2/BB) at Libor plus 225 bps, 50 bps commitment fee; $828 million senior secured seven-year term loan (B1/B+) at Libor plus 300 bps; $90 million synthetic letter-of-credit facility (B1/B+) at Libor plus 300 bps; also $500 million 12-month DIP revolver at Libor plus 225 bps; Southfield, Mich., supplier of vehicular parts, components, modules and systems.

THE GOODYEAR TIRE & RUBBER CO.: $3 billion U.S. credit facility; $1.5 billion in five-year asset-based loans (Ba3/BB) - $1 billion revolver and a $500 million term loan - at Libor plus 175 bps, led by JPMorgan and Citigroup; $1.2 billion five-year second-lien term loan (B2/B+) at Libor plus 275 bps, led by JPMorgan and Deutsche, non-callable for six months, callable at 101 for six months, par thereafter; $300 million third-lien secured term loan (B3/B-) due March 2011 at Libor plus 350 bps, led by JPMorgan and Deutsche, non-callable for one year, callable at 101 in year two, par thereafter; also euro equivalent of $650 million in credit facilities (B+) for Goodyear Dunlop Tires Europe affiliate led by JPMorgan and BNP Paribas; refinance $3.3 billion credit facility; close expected early April; Akron, Ohio, tire company.

HAYES LEMMERZ INTERNATIONAL INC.: $150 million five-year second-lien term loan (B2/B) talked at Libor plus 550 bps; repricing $450 million term B at Libor plus 325 bps from Libor plus 375 bps; Citigroup; consents due April 1; Northville, Mich., supplier of automotive and commercial highway wheels, brakes, powertrain, suspension, structural and other lightweight components.

HILITE INTERNATIONAL: $180 million credit facility (B1/BB-); National City; $80 million revolver talked at Libor plus 375 bps; $100 million term loan talked at Libor plus 400 bps; refinance debt; Cleveland automotive supplier.

HORIZON LINES LLC: $300 million amended and restated credit facility; UBS; $250 million term C at Libor plus 250 bps, step down to Libor plus 225 bps on completion of IPO, to reprice term B; $50 million revolver; Charlotte, N.C., container shipping company.

INFOR GLOBAL SOLUTIONS: $550 million credit facility; Lehman Brothers lead bank, Wells Fargo Foothill syndication agent; $50 million revolver (B2/B); $300 million first-lien term loan (B2/B); $200 million second-lien term loan (Caa2/CCC+); help finance acquisition of Mapics Inc. and refinance existing senior and subordinated debt; Alpharetta, Ga., provider of vertical specific, enterprise-wide business solutions to the manufacturing and distribution industries.

ITRON INC.: Repricing $130 million term B at Libor plus 175 bps from Libor plus 225 bps; Bear Stearns sole bookrunner, Wells Fargo administrative agent; consents due April 12; Spokane, Wash., technology provider and source of knowledge for collecting, analyzing and applying critical data about electric, gas and water usage to the global energy and water industries.

JOHNSONDIVERSEY INC.: Roughly $700 million term B being repriced at Libor plus 175 bps from Libor plus 225 bps and expanded from roughly $386 million to refinance €216 million term loan debt; Citigroup; consents due April 4; Sturtevant, Wis., provider of commercial cleaning, sanitation and hygiene solutions.

LEE ENTERPRISES INC.: $1.55 billion credit facility; Deutsche Bank and SunTrust, with Deutsche left lead; $450 million seven-year revolver talked at Libor plus 150 bps; $800 million seven-year term A talked at Libor plus 150 bps; $300 million eight-year term B talked at Libor plus 150 bps; help finance the acquisition of Pulitzer Inc.; Davenport, Iowa, newspaper publisher.

LIFEPOINT HOSPITALS INC.: $1.55 billion credit facility (Ba3/BB); Citigroup; $1.25 billion seven-year term B (roughly $200 million carve out for delayed draw) at Libor plus 162.5 bps; $300 million five-year revolver at Libor plus 175 bps; finance the acquisition of Province Healthcare Co., refinance Province Healthcare's existing debt, refinance LifePoint's credit facility and to provide for the ongoing working capital and general corporate needs of LifePoint Hospitals; Brentwood, Tenn., operator of hospitals.

THE MACERICH PARTNERSHIP LP: $950 million of bank debt; Deutsche; $300 million five-year term loan at Libor plus 162.5 bps; $650 million one-year bridge loan at Libor plus 162.5 bps; help fund the acquisition of Wilmorite Properties Inc.; Santa Monica, Calif., real estate investment trust, which focuses on malls.

MADISON RIVER COMMUNICATIONS CORP.: $475 million credit facility (B1/BB-) in connection with IPO; Merrill Lynch, Goldman Sachs joint lead arrangers and bookrunners, Merrill left lead, Lehman joint bookrunner; $75 million six-year revolver talked at Libor plus 200 bps; $400 million seven-year term loan talked at Libor plus 200 bps; refinance existing debt and for working capital and general corporate purposes; Mebane, N.C., operator of rural local telephone companies.

MAPCO EXPRESS INC.: $205 million credit facility (B+); Lehman sole lead bank, Bank Leumi and SunTrust agents; $40 million five-year revolver talked at Libor plus 225 bps; $165 million six-year term loan talked at Libor plus 275 bps; refinance existing debt and fund a small dividend to the parent company; Franklin, Tenn., convenience store and wholesale petroleum distribution company.

METRO-GOLDWYN-MAYER INC.: $4 billion credit facility (B1/B+); JPMorgan and Credit Suisse First Boston, with JPMorgan listed on the left; $250 million five-year revolver at Libor plus 250 bps, 50 bps commitment fee; $1.05 billion six-year term A at Libor plus 225 bps; $2.7 billion seven-year term B at Libor plus 225 bps; help fund acquisition by a consortium led by Sony Corp. of America and equity partners, Providence Equity Partners Inc., Texas Pacific Group and DLJ Merchant Banking Partners; Los Angeles-based entertainment content company.

MIDWEST GENERATION LLC: $345 million six-year term B repricing at Libor plus 200 bps from Libor plus 325 bps; Citibank and Credit Suisse First Boston joint lead arrangers, with Citi left lead; consents due April 7; Chicago electric company.

MOVIE GALLERY INC.: $720 million senior secured credit facility; Wachovia sole lead arranger and bookrunner, Merrill Lynch involved; $95 million five-year term A at Libor plus 275 bps; $550 million six-year term B at Libor plus 300 bps; $75 million five-year revolver at Libor plus 275 bps; help fund acquisition of Hollywood Entertainment Inc., working capital and general corporate purposes; Dothan, Ala., owner and operator of video specialty stores.

NEWPAGE CORP.: $1.325 billion credit facility; Goldman and UBS, with Goldman left lead; $750 million term B; $350 million asset-based revolver; $225 million "timber" tranche; help fund MeadWestvaco paper business LBO by Cerberus; Dayton, Ohio, producer of coated and carbonless papers.

NORTHWEST AIRLINES CORP.: $147.75 million term C due Nov. 23, 2010 at Libor plus 525 bps, call protection of 103 through Nov. 23, 2005, 102 through Nov. 23, 2006, 101 through Nov. 23, 2007 and par thereafter; JPMorgan and Citigroup; refinance the $147.75 million amortization payment due Nov. 23 on the existing term loan A and term loan B loans; Eagan, Minn., airline company.

PENNENGINEERING: $235 million credit facility; Credit Suisse First Boston and PNC Bank joint lead arrangers, with CSFB left lead; $20 million five-year revolver (B2/B) talked at Libor plus 250 bps, 50 bps commitment fee; $155 million six-year first-lien term B (B2/B) talked at Libor plus 250 bps; $60 million seven-year second-lien term loan (B3/CCC+) talked at Libor plus 600 bps; help fund leveraged buyout by PEM Holding Co., an affiliate of Tinicum Capital Partners II LP, from Penn Engineering & Manufacturing Corp.; Danboro, Pa., provider of value-added solutions to computer, electronics, telecommunications and automotive OEMs.

PROTECTION ONE INC.: $275 million credit facility (B2/B+); Bear Stearns and Lehman, with Bear Stearns left lead; $250 million term B at Libor plus 300 bps; $25 million revolver at Libor plus 325 bps; refinance existing bank debt and some bond debt; Lawrence, Kan., provider of commercial and residential security services.

READER'S DIGEST ASSOCIATION INC.: $400 million revolver talked at Libor plus 125 bps, 25 bps commitment fee; JPMorgan administrative agent, Royal Bank of Scotland syndication agent; refinance existing debt and for general corporate purposes; Pleasantville, N.Y., publishing and direct marketing company.

REDDY ICE HOLDINGS INC.: $300 million credit facility (B1/B+) in connection with IPO; CIBC and Credit Suisse First Boston; $240 million term loan at Libor plus 175 bps; $60 million revolver; help refinance existing credit facility and tender for $152 million of 8 7/8% senior subordinated notes; Dallas packaged ice company.

RESORTS INTERNATIONAL HOLDINGS LLC (COLONY CAPITAL LLC): $1.06 billion credit facility; Deutsche Bank and Goldman Sachs joint bookrunners, with Deutsche left lead; $75 million revolver (B2/B+); $635 million term B (B2/B+) at Libor plus 250 bps; $350 million second-lien term loan (B3/B-) at Libor plus 575 bps; help fund the acquisition of two casino properties from Harrah's Entertainment Inc. and two casino properties from Caesars Entertainment Inc.

SAFETY-KLEEN SYSTEMS INC.: $350 million credit facility; Deutsche and Credit Suisse First Boston, with Deutsche left lead; $100 million five-year asset-based revolver at Libor plus 300 bps, 50 bps commitment fee; $150 million six-year term B at Libor plus 700 bps; $100 million six-year pre-funded letter-of-credit facility at Libor plus 700 bps; Plano, Texas, provider of industrial waste management services.

SEALY MATTRESS CORP.: $565 million term D at Libor plus 175 bps, step up to Libor plus 200 bps if leverage above 51/2x, 101 soft call; JPMorgan and Goldman Sachs, with JPMorgan left lead; replace the existing $465 million term loan and repay outstanding amounts under the existing $100 million senior unsecured term loan; Trinity, N.C., bedding manufacturer.

SPORTCRAFT LTD.: $114.5 million credit facility; Merrill Lynch Capital and Dymas Capital; $30 million revolver; $30 million term A; $28 million term B; $26.5 million second-lien term loan; refinance debt and pay a dividend; Mt. Olive, N.J., sporting goods company.

SUNRISE MEDICAL INC.: $290 million credit facility; Deutsche Bank; $45 million revolver talked at Libor plus 275 bps; $165 million term B talked at Libor plus 275 bps; $80 million second-lien term loan talked at Libor plus 600 bps; refinance existing debt and fund a dividend payment; Carlsbad, Calif., manufacturer of homecare and extended care products.

TRIDENT EXPLORATION CORP.: $125 million 51/4-year second-lien term loan talked at Libor plus 750 bps; Credit Suisse First Boston and TD Securities joint lead arrangers, CSFB left lead; finance exploration and drilling; Calgary-based company focused on the discovery and commercial development of natural gas in coal resources in the Western Canadian Sedimentary Basin.

TRUMP INTERNATIONAL HOTEL (CHICAGO): $640 million term loan talked at Libor plus 375 bps; Deutsche; help fund construction of Chicago condominium and hotel tower.

WHITE BIRCH PAPER CO.: $470 million credit facility; $70 million five-year asset-based revolver talked at Libor plus 200 bps, 50 bps commitment fee; $275 million seven-year term B (B+) talked at Libor plus 350 bps; $125 million eight-year second-lien term loan (B-) talked at Libor plus 750 bps; Credit Suisse First Boston sole lead arranger and sole bookrunner on first- and second-lien term loans; Credit Suisse First Boston and Toronto Dominion joint lead arrangers on revolver; repay outstanding debt of Brant-Allen Industries and certain of its affiliates, including the company's outstanding 10% senior secured notes due 2007, purchase the equity interests of certain of Brant-Allen's equity partners and for general corporate purposes; Toronto newsprint company.

WYNDHAM INTERNATIONAL INC.: $895 million credit facility; JPMorgan and Bear Stearns, with JPMorgan left lead; $175 million six-year revolver (B3/B) talked at Libor plus 325 bps; $50 million six-year institutional letter-of-credit facility (B3/B) talked at Libor plus 325 bps; $530 million six-year term B (B3/B) talked at Libor plus 325 bps; $140 million 61/2-year second-lien term C (Caa1/CCC+) talked at Libor plus 650 bps, call protection of 102 in year one, 101 in year two; refinance; Dallas provider of upscale and luxury hotel and resort accommodations.

XERIUM TECHNOLOGIES INC.: $750 million senior secured credit facility (B1/BB-) in connection with IPO offering; Citigroup and CIBC joint lead arranger and joint bookrunners, Citi left lead and administrative agent; $100 million revolver ($50 million 61/2-year tranche and $50 million 364-day tranche) at Libor plus 225 bps, 75 bps undrawn fee; $650 million term B at Libor plus 225 bps (split between $330 million U.S. tranche, C$74 million tranche and $264 million U.S. equivalent euro tranche); help repay existing debt; Westborough, Mass., supplier of consumables used in the manufacture of paper.

ON THE HORIZON:

ADELPHIA COMMUNICATIONS CORP.: $8.8 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.

ATLAS PIPELINE PARTNERS LP: $270 million credit facility; Wachovia Bank and Fleet, Wachovia left lead; $225 million five-year revolver; $45 million five-year term loan; fund acquisition of ETC Oklahoma Pipeline Ltd. from Energy Transfer Partners LP and refinance bank debt; Moon Township, Pa., company engaged in the gas gathering and processing segment of the mid-stream natural gas industry.

DSW INC.: $150 million five-year secured revolving credit facility in conjunction IPO; secured by a lien on substantially all personal property; Columbus, Ohio, branded footwear retailer.

ENESCO GROUP INC.: Expected close by April 30; $100 million five-year revolver; Bank of America; repay existing U.S. credit facility; Itasca, Ill., producer of fine gifts, collectibles and home decor accessories.

GENESIS HEALTHCARE CORP.: $125 million amended and restated revolving credit facility; Kenneth Square, Pa., company focused on elderly care.

GLOBAL TOYS ACQUISITION LLC: $2.85 billion U.S. asset-based debt facility; Deutsche Bank and Bank of America are expected to be involved; help fund Toys "R" Us Inc. LBO by Bain Capital Partners LLC, Kohlberg Kravis Roberts & Co. and Vornado Realty Trust; Toys "R" Us is a Wayne, N.J.-based specialty toy retailer.

KAISER ALUMINUM CORP.: $250 million exit facility; J.P. Morgan Securities Inc. lead arranger, sole bookrunner and syndication agent, JPMorgan Chase Bank administrative agent, CIT Group/Business Credit Inc. co-arranger; $200 million five-year revolver; $50 six-year million term loan at Libor plus 550 bps; also $200 million one-year debtor-in-possession facility at Libor plus 225 bps; Houston aluminum company.

MEDCO HEALTH SOLUTIONS INC.: New credit facility; help fund acquisition of Accredo Health Inc. and refinance existing credit facility; Franklin Lakes, N.J., pharmacy benefit manager.

MEMEC INC.: New $300 million senior credit facility; revolver (Ba2/BB-); term loan A (Ba2/BB-); term loan B (Ba3/B); in connection with IPO; repay consortium loan debt, repay deep discount bond debt and for general corporate purposes; San Diego provider of logistics and distribution services to the semiconductor industry.

PENN NATIONAL GAMING INC.: $2.9 billion senior secured credit facility (Ba3/BB-); Deutsche Bank, Goldman Sachs and Lehman Brothers, with Deutsche left lead; $750 million five-year revolver at Libor plus 237.5 bps, 50 bps commitment fee; $300 million six-year term A at Libor plus 237.5 bps; up to $1.75 billion seven-year term B at Libor plus 250 bps; fund acquisition of Argosy Gaming Co.; Wyomissing, Pa., owner and operator of gaming properties.

PSYCHIATRIC SOLUTIONS INC.: New credit facility including revolver tranche; Citigroup; help fund the acquisition of 20 inpatient psychiatric facilities from Ardent Health Services; Franklin, Tenn., provider of in-patient behavioral health care services.

SUNGARD DATA SYSTEMS INC.: At least $4.75 billion senior secured credit facility; JPMorgan, Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Goldman Sachs & Co. and Morgan Stanley, with JPMorgan is left lead; help fund LBO by Solar Capital Corp. - company formed by Silver Lake Partners, Bain Capital, The Blackstone Group, Goldman Sachs Capital Partners, Kohlberg Kravis Roberts & Co. LP, Providence Equity Partners and Texas Pacific Group; Wayne, Pa., provider of integrated software and processing solutions, primarily for financial services.

TOMMY HILFIGER USA INC.: $150 million 364-day letter-of-credit facility; JPMorgan; close expected before April 30; Hong Kong clothing company.

TRUMP HOTELS & CASINO RESORTS INC.: $500 million working capital facility as part of recapitalization; Morgan Stanley and UBS joint lead arrangers; secured by a first priority lien on substantially all assets; refurbish and expand current properties; Atlantic City, N.J., hotel and casino owner and operator.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.