Bank Loan Calendar

Total amount of deals being marketed: $28.264 billion

SEPTEMBER:

ASPECT (CONCERTO) SOFTWARE: Bank meeting Sept. 7; $725 million credit facility; JP Morgan and Deutsche Bank Securities leads, Wells Fargo Foothill documentation agent; $425 million five-year term B; $50 million five-year revolver; $250 million second-lien 51/2-year term loan led by JP Morgan and Lehman Brothers, D.B. Zwirn Finance administrative agent that was pre-syndicated; help finance Concerto Software's purchase of Aspect Communications Corp.; Westford, Mass., provider of contact center software and services.

EXPRESS SCRIPTS INC.: Bank meeting potentially Sept. 7 or 8; new credit facility; Credit Suisse First Boston and Citibank joint lead arrangers; help fund acquisition of Priority Healthcare Corp.; St. Louis-based independent pharmacy benefits manager.

LAMAR MEDIA CORP.: $800 million senior secured credit facility (Ba1/BB); JPMorgan; $400 million revolver; $400 million term loan; refinance existing bank debt and for general corporate purposes; Baton Rouge, La., outdoor advertising company.

PANOLAM INDUSTRIES INC.: Bank meeting Sept. 7; new credit facility (B2); Credit Suisse First Boston and Jefferies joint lead arrangers; acquisition financing; Shelton, Conn., provider of decorative surfaces for commercial and residential interiors, store and store fixtures and furniture.

PBI MEDIA HOLDINGS INC.: Bank meeting Sept. 12; approximately $385 million credit facility; Credit Suisse First Boston and UBS joint lead arrangers and joint bookrunners, CSFB left lead; $60 million six-year revolver; $245 million seven-year term B; $78 million to $80 million eight-year second-lien term loan; help fund Wasserstein & Co. LP's purchase of Primedia Inc.'s Business Information segment that consists of business-to-business targeted publications.

SCHOOL SPECIALTY INC.: Bank meeting Sept. 8; $665 million senior secured credit facility; Bank of America, JPMorgan and Deutsche Bank bookrunners; JPMorgan and Bank of America co-lead arrangers, JPMorgan administrative agent, Bank of America syndication agent, Deutsche documentation agent; $175 million six-year revolver; $240 million term loan; $250 million delayed-draw term loan; help finance leveraged buyout of the company by Bain Capital Partners LLC and Thomas H. Lee Partners; Greenville, Wis., education company.

SS&C TECHNOLOGIES INC.: Expected late-September; approximately $900 million credit facility; JPMorgan, Bank of America and Wachovia, JPMorgan left lead; help fund The Carlyle Group's acquisition of the company; Windsor, Conn., provider of investment and financial management software and related services.

TRIPLE CROWN MEDIA INC.: Likely late-September business; new credit facility; Wachovia left lead; back spinoff of Gray Television Inc.'s Newspaper Publishing and Graylink Wireless businesses into newly created Triple Crown and merger of Bull Run Corp. into Triple Crown; fund $40 million distribution to Gray and to refinance all of Bull Run's bank debt and subordinated debt.

WALTER INDUSTRIES INC.: $1.7 billion in new credit facilities; Banc of America Securities LLC and Morgan Stanley & Co, Bank of America left lead; energy/homebuilding/financing group $575 million credit facility containing $200 million revolver, $375 million term B to fund acquisition of Mueller Water Products Inc. and refinance existing revolver debt; water group $1.125 billion credit facility containing $125 million revolver, $1 billion term B to fund a dividend to U.S. Pipe, fund a dividend to Walter and refinance existing debt; Tampa, Fla., diversified company that operates in homebuilding, related financing, and water transmission products, and is also a producer of high-quality metallurgical coal.

YELLOWSTONE CLUB: Bank meeting Sept. 7 and Sept. 8; $330 million five-year term B; Credit Suisse First Boston; Big Sky, Mont., private ski and golf community.

OCTOBER:

TARGA RESOURCES INC.: Bank meeting expected early-October; minimum $1.45 billion credit facility; Credit Suisse First Boston, Merrill Lynch and Goldman Sachs, with CSFB left lead; minimum $250 million revolver; in excess $1.2 billion first-lien term debt potentially in various tranches; help acquire Dynegy Inc.'s Midstream natural gas business for $2.35 billion; Houston-based midstream energy company.

UPCOMING CLOSINGS

AMERISTAR CASINOS INC.: $1.2 billion credit facility (Ba3/BB+); Deutsche Bank and Wells Fargo, with Deutsche left lead; $800 million revolver at Libor plus 100 bps; $400 million term B at Libor plus 150 bps; refinance existing bank debt; Las Vegas-based casino company.

BEACON ROOFING SUPPLY INC.: $310 million asset-based credit facility; General Electric Capital Corp.; $230 million revolver at Libor plus 175 bps; $25 million term A at Libor plus 175 bps; $55 million term B at Libor plus 275 bps; also a C$15 million term loan at Libor plus 175 bps; help fund acquisition of Shelter Distribution Inc. and refinance debt; Peabody, Mass., distributor of roofing materials and complementary building product.

CINRAM INTERNATIONAL INC.: Approximately $622 million term B (BB) being repriced at Libor plus 225 bps from Libor plus 300 bps, 101 soft call; Citigroup; consents due Aug. 19; Toronto-based provider of pre-recorded multimedia products and logistic services.

COLLINS & AIKMAN CORP.: $150 million two-year debtor-in-possession facility; JPMorgan Chase; $25 million revolver talked at Libor plus 300 bps; $125 million term B talked at Libor plus 300 bps; working capital and general corporate purposes; Troy, Mich., designer, engineer and manufacturer of automotive interior components.

DAVITA INC.: $3.15 billion credit facility (B1/BB-); JPMorgan sole bookrunner, Credit Suisse First Boston involved; $250 million six-year revolver; $250 million six-year term A; $2.65 billion seven-year term B at Libor plus 225 bps, step down to Libor plus 200 bps under certain conditions; help fund acquisition of Gambro Healthcare's U.S. assets and refinance existing facility; El Segundo, Calif., provider of dialysis services.

EASTMAN KODAK CO.: $2.7 billion credit facility; Citigroup; $1.2 billion five-year revolver talked at Libor plus 150 bps; $1 billion seven-year term loan talked at Libor plus 175 bps; $500 million seven-year delayed-draw term loan talked at Libor plus 175 bps, 150 bps commitment fee; replace existing $1.225 billion five-year revolver and repay bank debt; Rochester, N.Y., digital imaging products, services and solutions company.

THE GEO GROUP INC.; $175 million credit facility (BB-); BNP Paribas; $75 million term loan; $100 million revolver; help fund acquisition of Correctional Services Corp., refinance GEO's existing $41 million term loan and for general corporate purposes; Boca Raton, Fla., provider of correctional and detention management, health and mental health, and other diversified services to federal, state, and local government agencies.

LIFECARE HOLDINGS INC.: $330 million senior secured credit facility (B2/B); JPMorgan and GE Capital, JPMorgan left lead; $255 million seven-year term B at Libor plus 225 bps, step down to Libor plus 200 bps based on leverage; $75 million six-year revolver at Libor plus 225 bps; help fund LBO by The Carlyle Group; Plano, Texas, operator of long-term acute care hospitals.

LIONBRIDGE TECHNOLOGIES INC.: $125 million credit facility (B1/B); Wachovia; $100 million six-year term B talked at Libor plus 350 to 375 bps; $25 million five-year revolver talked at Libor plus 350 to 375 bps, 50 bps commitment fee; help fund acquisition of Bowne Global Solutions and refinance debt; Waltham, Mass., provider of globalization and testing services.

LION GABLES REALTY LP: $2.125 billion credit facility (Ba2); Lehman sole lead arranger and bookrunner, ING Real Estate syndication agent; $300 million three-year revolver at Libor plus 225 bps; $1.825 billion one-year term loan with extension option at Libor plus 175 bps, 101 soft call; help fund LBO of Gables Residential Trust by ING Clarion Partners; Boca Raton, Fla., real estate investment trust focused on multifamily apartment communities.

MEGA BLOKS INC.: $400 million credit facility (Ba3/BB-); Bank of Nova Scotia and Bank of Montreal; $260 million seven-year term B at Libor plus 175 bps; $60 million five-year Canadian revolver at Libor plus 200 bps; $40 million five-year U.S. revolver at Libor plus 200 bps; $40 million five-year term A at Libor plus 200 bps; fund the already completed acquisition of Rose Art Industries Inc., refinance debt and for working capital; Montreal-based producer of fun and educational construction toys.

NATIONAL BEDDING CO.: $570 million credit facility; Goldman Sachs lead bank, with Merrill Lynch and GE Capital involved; $50 million five-year revolver (B1/BB-) at Libor plus 200 bps; $360 million six-year first-lien term loan (B1/BB-) at Libor plus 200 bps, step down to Libor plus 175 bps at less than 41/2x leverage; $160 million seven-year second-lien term loan (B3/B+) at Libor plus 500 bps, call protection 102, 101; help fund LBO by The Ares Corporate Opportunities Fund LP and Teachers' Private Capital; Hoffman Estates, Ill., manufacturer of bedding products and maker of Serta mattresses.

OMNICARE INC.: $2.9 billion credit facility; JPMorgan, Lehman Brothers and SunTrust Capital Markets joint lead arrangers and joint bookrunners, JPMorgan and Lehman Brothers co-syndication agents, SunTrust administrative agent, CIBC World Markets, Merrill Lynch and Wachovia Securities co-documentation agents; $700 million five-year term loan talked at Libor plus 75 bps, 17.5 bps undrawn fee; $800 million five-year revolver talked at Libor plus 75 bps; $1.4 billion 364-day loan facility at Libor plus 75 bps (not being syndicated); fund already completed acquisition of NeighborCare Inc., refinance existing debt and pay related fees; Covington, Ky., provider of pharmaceutical care for the elderly.

OTIS SPUNKMEYER INC.: $170 million term B (B1/B+) (including $40 million add-on) repricing at Libor plus 250 to 275 bps; Merrill Lynch; San Leandro, Calif., cookie company.

PACIFIC ENERGY PARTNERS LP: $700 million credit facility; Bank of America and Lehman, with Bank of America on the left; $400 million five-year secured revolver; $300 million 364-day revolving bridge facility; help fund acquisition of some terminal and pipeline assets from subsidiaries of Valero LP and refinance existing credit facilities; Long Beach, Calif., master limited partnership engaged in the business of gathering, transporting, storing and distributing crude oil and other related products.

PAETEC COMMUNICATIONS INC.: $200 million credit facility (B2/B); Deutsche Bank and CIT Group; $160 million six-year term loan talked at Libor plus 350 bps; $40 million five-year revolver talked at Libor plus 350 bps; in conjunction with IPO; replace existing senior secured credit facility and for general corporate purposes; Fairport, N.Y., competitive local exchange carrier.

PENN NATIONAL GAMING INC.: $2.725 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 200 bps; $325 million six-year term A at Libor plus 200 bps; $1.65 billion seven-year term B at Libor plus 200 bps; fund acquisition of Argosy Gaming Co.; Wyomissing, Pa., owner and operator of gaming properties.

PIVOTOL PROMONTORY: $350 million credit facility; Credit Suisse First Boston; $275 million five-year first-lien term loan at Libor plus 275 bps; $75 million six-year second-lien term loan at Libor plus 650 bps; refinance debt and pay a dividend; resort in Utah.

ROSETTA RESOURCES INC.: $475 million senior secured credit facility; BNP Paribas; $400 million first-lien revolver; $75 million second-lien term loan; back recent purchase of some of Calpine Corp.'s oil and gas assets; Houston-based independent energy company.

SSA GLOBAL TECHNOLOGIES INC.: $225 million senior secured credit facility (B2/BB-); JPMorgan and Citigroup, with JPMorgan left lead; $25 million five-year revolver; $200 million six-year term loan at Libor plus 200 bps; refinance existing debt and for general corporate purposes; Chicago-based provider of enterprise software applications and related services.

STERIGENICS INTERNATIONAL INC.: Upsizing first-lien term loan to $217 million (B+) at Libor plus 300 bps; UBS; repay and terminate second-lien term loan; Oak Brook, Ill., provider of contract sterilization and ionization services for medical devices, food safety and advanced materials applications.

TRIUMPH HEALTHCARE LLC: $270 million credit facility; BNP Paribas; $35 million revolver (B2/B) talked at Libor plus 325 bps; $140 million term B (B2/B) talked at Libor plus 325 bps; $95 million second-lien term loan (Caa1/CCC+) talked at Libor plus 750 bps; fund the acquisition of SSCI; Houston-based privately owned hospital company.

UAL CORP.: $320 million term loan C added to DIP through an amendment (could be upsized to $350 million based on collateral) at Libor plus 475 bps; JPMorgan; refinance class A certificates under the 1997-I Enhanced Equipment Trust Certificates; secured by 10 UAL-owned aircraft; Chicago-based airline.

VIRGIN MOBILE: $600 million credit facility (B3/B-); JPMorgan and Merrill Lynch joint lead arrangers, with JPMorgan the left lead; $100 million five-year revolver at Libor plus 450 bps; $500 million 61/2-year term B at Libor plus 450 bps; dividend payment and refinance existing debt; United Kingdom-based mobile virtual network operator.

YONKERS RACEWAY: $225 million term loan at Libor plus 350 bps; Merrill Lynch bookrunner, Bear Stearns co-arranger; fund renovations and additions to the facility that will enable it to have a slot racetrack casino; Yonkers, N.Y., horse racing track.

ON THE HORIZON:

ACTIVANT SOLUTIONS HOLDING INC.: New senior credit facility; JPMorgan; revolver; term loan; in connection with IPO; purchase outstanding 10½% senior notes due 2011, purchase floating-rate senior notes due 2010 and make a dividend payment to Hicks Muse; Austin, Texas, provider of vertical enterprise resource planning solutions.

AGILENT SEMICONDUCTOR PRODUCTS GROUP: New credit facility; Citigroup and Lehman Brothers, with Citi left lead; total debt commitment for up to $1.725 billion, including $250 million of on-going working capital financing; help fund acquisition by Kohlberg Kravis Roberts & Co. and Silver Lake Partners from Agilent Technologies Inc. for $2.66 billion; semiconductor company.

AMERICAN LEISURE HOLDINGS INC.: $111.45 million credit facility; KeyBank; $96.6 million 24-month development and construction loan at Libor plus 275 bps, 100 bps commitment fee; $14.85 million 18-month land loan at Libor plus 310 bps; 100 bps commitment fee; development of The Sonesta Orlando Resort at Tierra del Sol; Saddlebrook, N.J., holding company that develops vacation real estates.

BROOKSTONE INC.: $100 million five-year senior secured asset-based revolver at Libor plus 125 to 175 bps; Goldman Sachs Credit Partners LP, Bank of America and UBS; help fund LBO by OSIM International, JW Childs Associates LP and Temasek Holdings Ltd., refinance debt and for general corporate purposes; Merrimack, N.H., product developer and specialty retail company.

CENDANT MARKETING: Post-Labor Day business; new credit facility; Credit Suisse First Boston and Deutsche joint lead arrangers; help fund Apollo Management LP's acquisition of Cendant Corp.'s Marketing Services Division; Norwalk, Conn., direct marketer of membership clubs and insurance products.

CROSSTEX ENERGY LP: New senior secured credit facility; Bank of America; refinance existing debt, acquire El Paso Corp.'s South Louisiana properties and provide liquidity; Dallas-based mid-stream natural gas company.

DI GIORGIO CORP.: $120 million revolver with ability for $40 million incremental term loan under certain circumstances; replace existing $90 million revolver; closing in third quarter; Carteret, N.J., food wholesaler and distributor.

THE DOLAN FAMILY GROUP/CABLEVISION SYSTEMS CORP.: $2.8 billion opco senior secured credit facility; Bank of America and Merrill Lynch joint lead arrangers and joint bookrunners, with Bank of America administrative agent; $600 million six-year term A; $1.7 billion seven-year term B; $500 million revolver; finance proposal to take Cablevision private and refinance Cablevision debt; Bethpage, N.Y., telecom and cable business.

EGL INC.: $250 million five-year revolver, Bank of America; help finance modified Dutch auction self-tender offer of its common stock and refinance existing revolver debt; Houston-based transportation, supply chain management and information services company.

EL PASO PRODUCTION HOLDING CO.: $500 million five-year revolver, pricing based on utilization, Libor plus 188 bps if fully drawn; secured by some reserves; help fund purchase of Denver-based Medicine Bow Energy Corp.; Houston-based natural gas and energy company.

FORMICA CORP.: Post-Labor Day business; $350 million credit facility; Bank of America; $50 million revolver; $225 million first-lien term loan of which at least half will be dollar denominated and the remainder will contain a U.K. piece, a Canadian piece and another European piece; $75 million second-lien term loan; dividend payment and buy back some existing bonds; Cincinnati-based designer and manufacturer of surfacing materials.

FRESENIUS MEDICAL CARE AG: Term B likely launching in the fall (pro rata bank meeting took place June 23); $5 billion senior credit facility; Bank of America and Deutsche Bank, with Bank of America left lead; $1 billion revolver at Libor plus 137.5 bps; $2 billion five-year term A at Libor plus 137.5 bps; $2 billion seven-year term B; finance acquisition of Renal Care Group Inc. for about $3.5 billion, plus the assumption of about $500 million of Renal debt, and refinance Fresenius credit facility; Bad Homburg, Germany, dialysis products and services provider.

GRAY TELEVISION INC.: $600 million senior secured credit facility; Wachovia; fund the acquisition of WSAZ-TV from Emmis Communications Corp. for $186 million; Atlanta-based communications company.

INTELSAT LTD.: Commitments for about $2.88 billion in bank debt; Citigroup, Credit Suisse First Boston, Deutsche and Lehman joint lead arrangers and joint bookrunners, Citigroup administrative agent, CSFB syndication agent; PanAmSat opco credit facility contains $355.95 million five-year term A at Libor plus 175 to 250 bps based on leverage, $1.6309 billion seven-year term B at Libor plus 225 bps with step down to Libor plus 200 bps if leverage is less than 4.5:1.0, and $250 million six-year revolver at Libor plus 175 to 250 bps based on leverage; Intelsat opco credit facility contains $344.5 million seven-year term B at Libor plus 175 bps if leverage greater than 3.5:1.0 and Libor plus 150 bps if leverage less than or equal to 3.5:1.0, and $300 million six-year revolver at Libor plus 175 bps if leverage greater than 3.5:1.0 and Libor plus 150 bps if leverage less than or equal to 3.5:1.0; finance PanAmSat acquisition, refinance debt and for general corporate purposes; Pembroke, Bermuda, satellite company.

J. CREW GROUP INC.: New term loan in connection with IPO; redeem preferred stock and notes; New York-based apparel and accessories 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.

MEDICIS PHARMACEUTICAL CORP.: $650 million seven-year senior secured credit facility; Deutsche Bank; help fund acquisition of Inamed Corp.; Scottsdale, Ariz., specialty pharmaceutical company.

METALS USA INC.: Up to $450 million asset-based revolving credit facility, 50 bps commitment fee; Credit Suisse First Boston sole bookrunner, CSFB and Banc of America Securities LLC joint lead arrangers, Banc of America Securities co-syndication agent; help finance LBO by Apollo Management LP; Houston-based metals processor and distributor.

MIRANT CORP.: up to $1.5 billion exit facility; JP Morgan, Deutsche Bank and Goldman Sachs; $1 billion six-year senior secured revolving credit facility at Libor plus 200 bps if rated Ba3 or BB- or higher and Libor plus 225 bps if rated B1 or B+ or lower; up to $500 million seven-year term loan at Libor plus 175 bps if rated Ba3 or BB- or higher and Libor plus 200 bps if rated B1 or B+ or lower; also bridge facility of no less than $850 million; fund the $250 million payment to fund intercompany restructuring transactions and help pay $1.35 billion in claims against the consolidated Mirant Americas Generation LLC debtors partially in cash; Atlanta-based power company.

THE NEIMAN MARCUS GROUP INC.: New credit facility; Credit Suisse First Boston left lead; up to $600 million senior secured asset-based revolver; term loans (term loans, bridge loans and senior notes total $3.3 billion); help fund the approximately $5.1 billion leveraged buyout by Texas Pacific Group and Warburg Pincus LLC; Dallas-based high-end specialty retailer.

PACTIV/AEA INVESTORS LLC: New credit facility; Credit Suisse First Boston and Lehman Brothers joint lead arrangers; help fund purchase of Pactiv's North American and European protective and flexible packaging businesses.

PER-SE TECHNOLOGIES INC.: New credit facility; Bank of America; includes $50 million revolver; fund acquisition of NDCHealth Corp.; Alpharetta, Ga., provider of connective health care solutions to physicians and hospitals.

SHOPKO STORES INC.: $640 million five-year asset-based revolver from Bank of America at Libor plus 150 to 400 bps, 37.5 bps commitment fee; $65 million five-year senior second-lien term loan from Back Bay Capital at Prime rate plus 625 bps; help fund acquisition by Goldner Hawn Johnson & Morrison Inc.; Green Bay, Wis., provider of general merchandise and retail health services.

TAL INTERNATIONAL GROUP INC.: Up to $175 million senior secured revolver, in connection with IPO; refinance existing debt; Purchase, N.Y., lessor of intermodal freight containers.

TUPPERWARE CORP.: Approximately $740 million credit facility; Bank of America; approximately $540 million five-year term loan; $200 million five-year revolver; help fund purchase of Sara Lee Corp.'s direct selling business, refinance $100 million of notes due in 2006 and for general corporate purposes; Orlando, Fla., direct seller of food storage, preparation and serving items.

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