Bank Loan Calendar

Total amount of deals being marketed: $48.325 billion

FEBRUARY:

CENTRAL GARDEN & PET CO.: Bank meeting Feb. 3; $650 million credit facility; JPMorgan involved in lead role; help fund acquisition of Farnam Cos. Inc.; Walnut Creek, Calif., marketer and producer of products for pets, lawns and gardens.

FLAG LUXURY PROPERTIES LLC: Bank meeting Feb. 2; $175 million credit facility; Credit Suisse; $135 million first-lien term loan talked at Libor plus 350 bps; $40 million second-lien term loan talked at Libor plus 700 bps; repay existing debt and to fund development of a St. Regis resort on Anguilla; New York-based owner and developer of hotel, residential and retail projects.

GENTIVA HEALTH SERVICES INC.: Approximately $445 million senior credit facility; Lehman; $75 million revolver; approximately $370 million seven-year term loan; finance the acquisition of The Healthfield Group Inc. and refinance some existing Healthfield debt; Melville, N.Y., provider of comprehensive home health services.

OLYMPIA GROUP: Bank meeting Feb. 7; $385 million credit facility; Credit Suisse; $50 million three-year revolver; $255 million five-year term B; $80 million six-year second-lien term loan; real estate development; investment management group.

SERENA SOFTWARE INC.: $450 million credit facility; Lehman, Merrill Lynch and UBS, with Lehman administrative agent; $75 million six-year revolver at Libor plus 225 bps if rated B1/B+, otherwise Libor plus 250 bps; $375 million seven-year term loan at Libor plus 225 bps if rated B1/B+, otherwise Libor plus 250 bps; help fund LBO by Silver Lake Partners; San Mateo, Calif., provider of software products for managing process and controlling change across the information technology environment.

MARCH:

WIDEOPENWEST HOLDINGS LLC: March/April business; $520 million credit facility; Credit Suisse; $60 million revolver; $460 million term B; help fund LBO by Avista Capital Partners from Oak Hill Capital Partners and ABRY Partners; Englewood, Colo., provider of cable television, high-speed internet and telephone services.

UPCOMING CLOSINGS

AMERICAN MEDIA INC.: $510 million credit facility (B1/B); J.P. Morgan Securities Inc. and Deutsche Bank Securities Inc. joint lead arrangers, Bear Stearns, Lehman Brothers and General Electric Capital Corp. co-agents; $60 million revolver due 2012 at Libor plus 325 bps; $450 million term loan due 2013 at Libor plus 275 bps, step-up to Libor plus 300 bps if leverage exceeds 8x, 101 soft call; refinance existing bank debt; expected close late January; Boca Raton, Fla., magazine publisher.

ASTORIA ENERGY (U.S. POWER GENERATING CO. LLC): $900 million credit facility; Morgan Stanley and Goldman Sachs, with Morgan Stanley left lead; $50 million revolver (B1/BB-); $120 million synthetic letter-of-credit facility (B1/BB-); $430 million term loan (B1/BB-) talked at Libor plus 225 bps; $300 million second-lien term loan (B3/B) talked at Libor plus 450 basis points; fund purchase of three New York City power plants from Reliant Energy by Madison Dearborn Partners LLC and U.S Power; New York-based electricity generating asset acquisition company.

AXIA INC.: $175 million credit facility (B2/B); UBS; $25 million five-year revolver; $150 million seven-year term loan talked at Libor plus 325 bps; help fund the purchase of Axia by Aurora Capital Group; Houston-based manufacturer of packaging and other industrial equipment and construction machinery through three business units.

THE BABCOCK & WILCOX CO.: $650 million exit financing credit facility (B1/B+); Credit Suisse, JPMorgan, Wachovia and Scotia, with Credit Suisse left lead; $200 million five-year revolver at Libor plus 300 bps, 50 bps commitment fee; $200 million six-year pre-funded letter-of-credit facility at Libor plus 275 bps; $250 million six-year delayed-draw term loan talked at Libor plus 300 bps; Barberton, Ohio, company that designs, supplies and services power generation systems and equipment.

BURGER KING CORP.: $350 million term loan add-on at Libor plus 175 bps; JPMorgan and Citigroup, with JPMorgan left lead; fund a dividend payment; Miami-based fast food hamburger chain.

CALPINE CORP.: $2 billion secured two-year debtor-in-possession financing facility; Deutsche Bank and Credit Suisse joint lead arrangers and joint bookrunners; $1 billion revolver at Libor plus 225 bps, 75 bps commitment fee that drops to 50 bps if usage is greater than 65%; $350 million first-lien term loan at Libor plus 225 bps; $650 million second-lien term loan at Libor plus 450 bps; San Jose, Calif., power company.

CAPROCK COMMUNICATIONS: $167.5 million credit facility; Merrill Lynch lead arranger and bookrunner, TD Securities syndication agent; $30 million revolver (B2/B+) at Libor plus 350 bps; $92.5 million first-lien term B (B2/B+) at Libor plus 350 bps; $45 million second-lien term loan (B3/B-) at Libor plus 725 bps, call protection 102, 101; also $12.5 million holdco PIK piece; help fund LBO by Abry Partners LLC; Houston-based satellite communications provider.

CAREMORE MEDICAL ENTERPRISES: $150 million senior secured credit facility (B2/B); General Electric Capital Corp. and Bank of America, with GECC left lead; $125 million term loan due 2013 talked at Libor plus 325 bps; $25 million revolver due 2012 talked at Libor plus 325 bps; help fund the acquisition of CareMore by JPMorgan Partners and Crystal Cove Partners and take out an existing $70 million loan; Downey, Calif., managed health care provider.

CCC INFORMATION SERVICES GROUP INC.: $300 million senior secured credit facility; JPMorgan and Wachovia; $250 million term loan talked at Libor plus 275 bps; $50 million revolver talked at Libor plus 275 bps; help fund LBO by Investcorp; Chicago-based supplier of advanced software, communications systems, internet and wireless-enabled technology solutions to the automotive claims and collision repair industries.

CENTURY THEATRES INC.: $435 million credit facility (Ba3/B+); Morgan Stanley and Bank of America joint lead arrangers, Morgan Stanley sole bookrunner; $75 million revolver talked at Libor plus 200 bps; $360 million term loan talked at Libor plus 200 bps; refinance existing debt and fund a sizable dividend payment to the owners; San Rafael, Calif., regional theatrical exhibition company.

CONTECH CONSTRUCTION PRODUCTS INC.: $525 million credit facility (B1/B+); Wachovia and Goldman, Wachovia left lead; $100 million revolver; $425 million term loan talked at Libor plus 225 to 275 bps, based on ratings; help fund buyout by Apax Partners LP; Middletown, Ohio, civil engineering site solutions products and services company.

COOPER-STANDARD AUTOMOTIVE INC.: $215 million term D (B2/B+) talked at Libor plus 275 bps, 101 soft call; Deutsche Bank, Lehman Brothers; fund the acquisition of ITT Industries Inc.'s Fluid Handling Systems business; Novi, Mich., automotive supplier.

COVALENCE SPECIALTY MATERIALS (TYCO PLASTICS): $500 million credit facility (Ba3/B+); Bank of America, Credit Suisse, Merrill Lynch and Morgan Stanley; $175 million six-year revolver talked at Libor plus 225 bps, 50 bps commitment fee; $325 million seven-year term loan talked at Libor plus 225 bps; help fund Apollo Management LP's purchase of Tyco International Ltd.'s plastics and adhesives business for $975 million in cash; producer of trash bags, stretch film and plastic sheeting, as well as a leading global producer of duct tape.

CRC HEALTH GROUP: $345 million credit facility (B1/B); Citigroup and JPMorgan; $100 million revolver at Libor plus 250 bps; $245 million term B at Libor plus 225 bps; help fund LBO by Bain Capital from North Castle Partners and DLJ Merchant Banking Partners; Cupertino, Calif., provider of drug and alcohol treatment services.

DRUMMOND CO. INC.: $600 million credit facility (Ba3/BB-); Citigroup and Merrill Lynch, with Citi left lead; $400 million revolver talked at Libor plus 100 to 150 bps based on ratings; $200 million term A talked at Libor plus 100 to 150 bps based on ratings; refinance existing debt; Birmingham, Ala., coal company.

EK SUCCESS LTD.: $160 million credit facility; Dresdner; $20 million revolver talked at Libor plus 325 bps; $80 million first-lien term loan talked at Libor plus 325 bps; $20 million synthetic letter-of-credit facility talked at Libor plus 325 bps; $40 million second-lien term loan talked at Libor plus 750 bps; help fund LBO by GTCR Golder Rauner LLC; Clifton, N.J., scrapbooking and craft products company.

ENERGY TRANSFER EQUITY LP: $500 million five-year revolver; Wachovia Bank administrative agent, Bank of America and Citicorp North America co-syndication agents, BNP Paribas and The Royal Bank of Scotland co-documentation agents; in connection with common units IPO; repay existing term loan; Dallas-based company that acts as the general partner of Energy Transfer Partners, a propane company and operator of natural gas pipelines.

FORMICA CORP.: $300 million credit facility (B2/B); Bank of America and UBS joint arrangers; $60 million six-year revolver talked at Libor 275 bps; $210 million seven-year term B talked at Libor plus 300 bps; pay a dividend of approximately $30 million to the equity owners and refinance debt; Cincinnati-based manufacturer and marketer of branded, design-coordinated decorative surfacing.

GENERAL GROWTH PROPERTIES INC.: $3.5 billion four-year credit facility; Wachovia and Bank of America, with Euro Hypo acting as administrative agent; $650 million revolver talked at Libor plus 125 bps; $2.85 billion term A talked at Libor plus 125 bps; refinance existing credit facility; Chicago-based regional shopping mall real estate investment trust.

GEORGIA-PACIFIC CORP.: $11 billion senior secured credit facility; Citigroup, Bank of America, Deutsche Bank and JPMorgan; $2 billion five-year term A (Ba2/BB-/BB) at Libor plus 225 bps; $1.5 billion five-year revolver (Ba2/BB-/BB) at Libor plus 225 bps; $5.25 billion seven-year term B (Ba2/BB-/BB) at Libor plus 200 bps, step down to Libor plus 175 bps at 4.3x leverage; $2.25 billion eight-year second-lien term loan (Ba3/B+/B+) at Libor plus 300 bps; fund already completed tender offer for all of Georgia-Pacific shares by Koch Forest Products Inc., refinance debt and for general corporate purposes; Atlanta-based manufacturer of tissue, packaging, paper, building products and related chemicals.

GSC PARTNERS: $140 million senior secured credit facility (B1/B); UBS; $20 million five-year revolver talked at Libor plus 300 bps; $120 million six-year term B talked at Libor plus 300 to 325 bps; recapitalization and incorporation; New York-based specialty credit-focused investment firm.

HALLMARK ENTERTAINMENT: $445 million credit facility; JPMorgan; $90 million five-year revolver at Libor plus 225 bps; $75 million five-year term A at Libor plus 225 bps; $215 million six-year term B at Libor plus 250 bps; $65 million 61/2-year second-lien term loan at Libor plus 650 bps; LBO financing; diversified entertainment company.

HARMON KOVAL: $232.5 million credit facility; SocGen; $195 million first-lien term loan; $37.5 million second-lien term loan; help fund the construction of the W hotel in Las Vegas, a joint venture between Starwood Hotels and Resorts and Edge Resorts.

HILTON HOTELS CORP.: $5.5 billion credit facility (Ba2); Bank of America and UBS; $2.75 billion multi-currency revolver; $2 billion multi-currency term A; $750 million term B; help fund all cash acquisition of the lodging assets of Hilton Group plc; Beverly Hills, Calif., lodging company.

INEOS GROUP LTD.: €7.395 billion senior secured credit facility; Merrill Lynch, Morgan Stanley and Barclays; €1.57 billion term A at Euribor plus 225 bps (Ba3/B+); €1.775 billion term B (Ba3/B+) including about $732 million in U.S. dollars, Euro portion at Euribor plus 250 bps, dollar portion at Libor plus 225 bps with 101 soft call; €1.775 billion term C (Ba3/B+) including about $732 million in U.S. dollars, Euro portion at Euribor plus 300 bps, Dollar portion at Libor plus 275 bps with 101 soft call; €1.175 billion securitization facility (Ba3/B+); €700 million revolver (Ba3/B+) at Euribor plus 225 bps; €400 million 9 1/2-year second-lien term loan (B1) at Euribor plus 375 bps, non-call one, 102, 101; fund the already completed acquisition of Innovene from BP plc; U.K.-based manufacturer of specialty petrochemicals.

ISP CHEMCO INC.: $1.15 billion senior secured credit facility (Ba3/BB-); JPMorgan and Bear Stearns; $950 million term B talked at Libor plus 200 bps; $200 million revolver; fund tender for International Specialty Holdings Inc. $200 million 10 5/8% senior secured notes due 2009 and subsidiaries' $405 million 10¼% senior subordinated notes due 2011; Parent-company International Specialty Products Inc. is a New York-based multinational manufacturer of specialty chemicals, industrial chemicals, synthetic elastomers and mineral products.

LIBERTY CABLEVISION OF PUERTO RICO: $160 million credit facility; Bank of America and TD Securities; $150 million term loan talked at Libor plus 200 bps; $10 million revolver talked at Libor plus 200 bps; refinance; company is Puerto Rico-based cable company.

LINENS 'N THINGS INC.: $600 million five-year senior secured asset-based revolver at Libor plus 150 bps, 50 bps undrawn fee; UBS sole lead arranger and administrative agent, Bear Stearns syndication agent, UBS and Bear Stearns joint bookrunners; help fund LBO by Apollo and co-investors, including NRDC Real Estate Advisors I LLC; Clifton, N.J., retailer of home textiles, housewares and home accessories.

LONGVIEW FIBRE CO.: $400 million credit facility (BBB-); Bank of America and Goldman Sachs; refinance existing bank debt and repay senior notes; Longview, Wash., manufacturer of corrugated and solid-fiber containers and other paper products.

MICHAEL FOODS INC.: $540 million upsized and repriced term loan (B1/B+); Bank of America; repricing to Libor plus 200 bps from Libor plus 225 bps; upsizing to help refinance outstanding senior unsecured term loan; Minnetonka, Minn.-based diversified food processor and distributor.

MORGANS HOTEL GROUP CO.: $205 million three-year credit facility; Morgan Stanley and Merrill Lynch, with Morgan Stanley left lead; $125 million revolver talked at Libor plus 200 bps; $80 million term loan talked at Libor plus 200 bps; refinance existing debt; New York-based owner and operator of boutique hotels.

NRG ENERGY INC.: $5.575 billion senior secured credit facility (Ba2/BB-/BB); Morgan Stanley and Citigroup joint lead arrangers and bookrunners, with Morgan Stanley left lead; $3.575 billion seven-year term B at Libor plus 200 bps, step down to Libor plus 175 bps if leverage below 3.5x; $1 billion five-year revolver at Libor plus 200 bps, 50 bps commitment fee; $1 billion five-year synthetic letter-of-credit facility at Libor plus 200 bps, step down to Libor plus 175 bps if leverage below 3.5x; help fund acquisition of Texas Genco LLC and refinance existing debt; Princeton, N.J., energy company.

OPEN SOLUTIONS INC.: $415 million credit facility; Wachovia; $30 million revolver (B+); $310 million first-lien term loan (B+); $75 million second-lien term loan (B-); help fund acquisition of The Bisys Group Inc.'s Information Services Group; Glastonbury, Conn., provider of integrated, enterprise-wide data processing technologies for banks and credit unions.

OSI PHARMACEUTICALS INC.: $75 million three-year senior secured revolver at Libor plus 225 bps; JPMorgan; expected close by end of January; Melville, N.Y., biotechnology company.

PROPEX FABRICS INC.: New credit facility (B1/BB-); BNP Paribas; help finance the acquisition of SI Corp. and refinance existing credit facility; Atlanta-based producer of primary and secondary carpet backing, and a manufacturer and marketer of polypropylene synthetic fabrics used in other industrial applications.

RGIS INVENTORY SPECIALISTS: $370 million credit facility (B1); JPMorgan; $300 million term loan talked at Libor plus 250 to 275 bps; $70 million revolver; fund a dividend; Auburn Hills, Mich., third-party inventory services provider.

STANLEY INC.: Expected close first-half of February; $150 million credit facility; SunTrust; $50 million five-year revolver talked at Libor plus 225 bps; $100 million six-year term B talked at Libor plus 250 bps; fund the purchase of Morgan Research Corp.; Arlington, Va., employee-owned company that delivers systems integration and professional services to the U.S. federal government.

STRATUS GLOBAL CORP.: $270 million credit facility (B1/B+); RBC Capital Markets and Bank of America joint bookrunners; $225 million six-year term B talked at Libor plus 250 to 275 bps; $20 million five-year delayed-draw term A talked at Libor plus 250 to 275 bps; $25 million five-year revolver; help fund the acquisition of Xantic BV from KPN Satcom, and refinance debt; Bethesda, Md., provider of mobile- and fixed-site communications solutions for users operating beyond the reach of traditional networks.

TECUMSEH PRODUCTS CO.: $375 million credit facility; Citigroup and JPMorgan joint leads on revolver, Citi sole lead on second-lien; $275 million revolver talked at Libor plus 200 bps; $100 million second-lien term loan talked at Libor plus 750 bps, call protection 102, 101; Tecumseh, Mich., manufacturer of hermetic compressors, gasoline engines and power train components, submersible pumps and small electric motors.

UAL CORP.: $3 billion six-year exit facility (B1/B+); JPMorgan and Citigroup joint lead arrangers and bookrunners, General Electric Capital Corp. syndication agent; $200 million revolver at Libor plus 375 bps, 50 bps commitment fee; $2.8 billion term loan at Libor plus 375 bps; repay the debtor-in-possession facility, make other required payments and to ensure strong cash balances to conduct post-reorganization operations; expect to exit in February; Elk Grove Township, Ill., airline carrier.

UNITED SUBCONTRACTORS INC.: $400 million credit facility; Citigroup; $40 million revolver (B2/B+); $295 million first-lien term loan (B2/B+) at Libor plus 300 bps, 101 soft call; $65 million second-lien term loan (Caa1/B-) at Libor plus 725 bps, soft call 102, 101; refinance existing debt and fund a dividend payment; Salt Lake City-based installer of residential and commercial insulation systems and provider of related products and services.

UNITED SURGICAL PARTNERS INTERNATIONAL INC.: New revolver; SunTrust; general corporate purposes and help fund acquisition of Surgis Inc.; Dallas-based owner and operator of surgical facilities.

VENETIAN MACAU LTD.: $2.5 billion senior secured credit facility (B1/BB-); Goldman Sachs, Lehman and Merrill Lynch, with Goldman left lead; $500 million five-year revolver talked at Libor plus 275 bps; $100 million equivalent local currency five-year term loan talked at Libor plus 275 bps; $700 million delayed-draw six-year term loan talked at Libor plus 275 bps; $1.2 billion funded seven-year term loan talked at Libor plus 275 bps; fund design, development, construction and pre-opening costs for the company's development projects in Macao, including The Venetian Macau Resort-Hotel-Casino and other projects on the Cotai Strip; expected close first-quarter 2006; subsidiary of Las Vegas Sands Corp., a Las Vegas-based hotel, gaming, resort and exhibition/convention company.

VERTAFORE INC.: $360 million credit facility; Credit Suisse and JPMorgan joint lead arrangers and joint bookrunners, Credit Suisse administrative agent, JPMorgan syndication agent, Wachovia documentation agent; $30 million five-year revolver at Libor plus 250 bps, 50 bps commitment fee; $200 million six-year first-lien term B at Libor plus 250 bps; $105 million seven-year second-lien term loan at Libor plus 600 bps, call protection 102, 101; $25 million delayed-draw term loan available for six months at Libor plus 250 bps, 125 bps unused ticking fee; dividend recapitalization; Windsor, Conn., enterprise software and information services provider to the property and casualty insurance industry.

VILLAGE VOICE MEDIA: $130 million credit facility; Harris Nesbitt; $80 million term A; $35 million term B talked at Libor plus 225 bps; $15 million revolver; fund the merger of Village Voice Media and New Times Media; New York-based alternative media company.

ON THE HORIZON:

AFFILIATED COMPUTER SERVICES INC.: Up to $5 billion credit facility; Citigroup; up to $4 billion seven-year term loan; $1 billion six-year revolver; fund modified Dutch auction stock tender offer; Dallas-based provider of business process and information technology outsourcing solutions to commercial and government clients.

BEVERLY ENTERPRISES INC.: $625 million credit facility; Capital Source Finance LLC; $25 million five-year revolver at Libor plus 400 bps, 50 bps unused fee; $100 million five-year term A at Libor plus 400 bps; $100 million six-year term B at Libor plus 450 bps; $150 million three-year revolving credit facilities at Libor plus 275 bps; $150 million three-year term B at Libor plus 575 bps; $100 million three-year second-lien term loan at Libor plus 825 bps; help fund purchase by Fillmore Strategic Investors LLC; Fort Smith, Ark., provider of health care services.

THE BON-TON STORES INC.: New credit facility; Bank of America; help fund acquisition of Saks Inc.'s Northern Department Store Group; York, Pa., regional department store chain.

BURLINGTON COAT FACTORY WAREHOUSE CORP.: New debt financing; Bank of America and Bear Stearns; help fund LBO by Bain Capital Partners LLC; Burlington, N.J., retailer of branded apparel at discount prices.

CAL DIVE INTERNATIONAL INC.: $1.063 billion senior secured credit facility; Bank of America; $813 million term loan; $250 million revolver; help fund acquisition of Remington Oil and Gas Corp.; Houston-based energy service company.

CERTIFIED GROCERS MIDWEST INC.: $115 million credit facility; JPMorgan; fund acquisition of Fresh Brands Inc. and provide for the ongoing operation of the businesses; Chicago-based grocery wholesale cooperative.

CUMULUS MEDIA PARTNERS LLC: New credit facility; Deutsche Bank, Merrill Lynch, Goldman Sachs and UBS, with Deutsche left lead; help fund the acquisition of the radio broadcasting business of Susquehanna Pfaltzgraff Co. for about $1.2 billion; Atlanta-based radio company formed by Cumulus Media Inc., Bain Capital, The Blackstone Group and Thomas H. Lee Partners.

DAVE & BUSTER'S INC.: $100 million in term loans; JPMorgan; help fund LBO by Wellspring Capital Management LLC; Dallas-based operator of upscale restaurant/entertainment complexes.

DUNKIN' BRANDS INC.: New credit facility; JPMorgan; help back LBO by Bain Capital Partners, The Carlyle Group and Thomas H. Lee Partners from Pernod Ricard SA; Canton, Mass., quick service restaurant franchisor.

ENESCO GROUP INC.: $75 million five-year senior secured credit facility; LaSalle Business Credit LLC; replace existing facility; must close on or before Feb. 28; Itasca, Ill., producer of fine gifts, collectibles and home decor accessories.

FAIRMONT HOTELS & RESORTS INC.: $2.675 billion debt commitment; JPMorgan; back buyout by Kingdom Hotels International and Colony Capital; Toronto-based owner/operator of luxury hotels and resorts.

FRESENIUS MEDICAL CARE AG: $2 billion seven-year term B launch; Bank of America and Deutsche Bank, with Bank of America left lead; $1 billion revolver at Libor plus 137.5 bps and $2 billion five-year term A at Libor plus 137.5 bps already launched June 23, 2005; 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.

INFOR GLOBAL SOLUTIONS/GEAC COMPUTER CORP. (under new name): New credit facilities; JPMorgan, Credit Suisse and Wells Fargo on Infor senior credit facility; JPMorgan, Merrill Lynch and Wells Fargo on Geac senior credit facility, help fund LBO by Golden Gate Capital at which time existing portfolio company Infor will acquire Geac's ERP software products and remaining Geac assets will be split into two businesses; Infor is an Atlanta-based software provider exclusively focused on delivering world-class enterprise applications to customers in the manufacturing and distribution industries; Geac is a Markham, Ont., enterprise software company that addresses the needs of the chief financial officer.

INTELSAT LTD.: Commitments for about $2.88 billion in bank debt; Citigroup, Credit Suisse, Deutsche and Lehman joint lead arrangers and joint bookrunners, Citigroup administrative agent, Credit Suisse 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.

IPAYMENT HOLDINGS INC.: $475million senior secured credit facility; Bank of America; $450 million seven-year term loan at Libor plus 225 bps if rated B1/B+ or better and Libor plus 250 bps if rated lower than B1/B+; $25 million six-year revolver at Libor plus 225 bps if rated B1/B+ or better and Libor plus 250 bps if rated lower than B1/B+, 50 bps commitment fee; help fund public-to-private transaction led by management; Nashville, Tenn., provider of credit and debit card-based payment processing services.

J. CREW GROUP INC.: $295 million senior secured term loan; Goldman Sachs and Bear Stearns, Goldman left lead; 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.

LS POWER EQUITY PARTNERS: New credit facility; Credit Suisse and Goldman Sachs; help fund acquisition of Duke Energy North America's entire fleet of power generation assets outside the Midwest.

PEGASUS SOLUTIONS INC.: $120 million credit facility; JPMorgan; $110 million term loan; $10 million revolver; fund purchase by Prides Capital Partners LLC and provide for working capital; Dallas-based provider of technology and services to hotels and travel distributors.

SUPERVALU INC.: $4 billion credit facility; Royal Bank of Scotland; purchase of some Albertson's Inc. assets; Eden Prairie, Minn., supermarket operator.

TEXAS INSTRUMENTS INC. SENSORS & CONTROLS BUSINESS: New credit facility; Morgan Stanley, Bank of America and Goldman Sachs; help fund $3 billion LBO by Bain Capital LLC, purchase price will be funded $2.125 billion through debt, $975 million through equity; Attleboro, Mass., supplier of engineered sensors and controls to the appliance, climate control, industrial, automotive, lighting and aircraft markets.

VALOR COMMUNICATIONS GROUP INC./ALLTEL CORP. WIRELINE: Expected 2Q06; up to $4.2 billion credit facility; JPMorgan and Merrill Lynch; $500 million five-year revolver talked at Libor plus 125 bps if rated Ba2/BB, Libor plus 150 bps if rated lower; up to $500 million five-year term A talked at Libor plus 125 bps if rated Ba2/BB, Libor plus 150 bps if rated lower; up to $2.8 billion seven-year term B talked at Libor plus 150 bps if rated Ba2/BB, Libor plus 175 bps if rated lower; up to $400 million five-year delayed-draw term loan C that will be available for four months talked at Libor plus 125 bps if rated Ba2/BB, Libor plus 150 bps if rated lower; fund merger of Alltel wireline business with Valor, term A and B to finance a $2.4 billion dividend payment to Alltel and refinance debt, term C to fund possible, but unlikely, put of up to $400 million of Valor's outstanding bonds, revolver for general corporate purposes; Central Arkansas-based wireline company.

WATER PIK TECHNOLOGIES INC.: Up to $290 million credit facility; ING Capital LLC; term loans; revolver; help fund LBO by The Carlyle Group and Zodiac SA; closing expected late-April; Newport Beach, Calif., designer, manufacturer and marketer of swimming pool products and personal health care products.

X-RITE INC.: $220 million credit facility; Goldman Sachs; $40 million revolver; $120 million first-lien term loan; $60 million second-lien term loan; help fund purchase of Amazys Holding AG; Grandville, Mich., provider of color measurement solutions comprised of hardware, software and services for the verification and communication of color data.

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