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Published on 5/26/2006 in the Prospect News Bank Loan Daily.

Bank Loan Calendar

Total amount of deals being marketed: $58.1307 billion

MAY

ASPECT SOFTWARE INC: Bank meeting May 30; $1.16 billion credit facility; JPMorgan and Deutsche Bank, with JPMorgan left lead; $725 million five-year first-lien term B (B2); $385 million six-year second-lien term loan (Caa1); $50 million revolver (B2); refinance existing bank debt and to fund a dividend payment; Westford, Mass., provider of call center software and equipment.

BRIAD MAIN STREET INC.: $120 million credit facility; Bank of America; $100 million term B; $20 million revolver; help fund acquisition of Main Street Restaurant Group Inc.; Livingston, N.J., owner and operator of hospitality related businesses.

FAIRCHILD SEMICONDUCTOR INTERNATIONAL INC.: Bank meeting May 31; $500 million credit facility; Deutsche Bank and Bank of America, with Deutsche left lead; $400 million term B; $100 million revolver; refinance existing bank debt; South Portland, Maine, supplier of power analog, power discrete and nonpower semiconductor solutions.

JUNE

AMERICAN NATIONAL POWER INC.: Bank meeting early June; new credit facility; Credit Suisse and Goldman Sachs; fund acquisition of Coleto Creek Power generation facility from Topaz Power Group; wholly-owned U.S. subsidiary of International Power plc, a London-based independent electricity generating company.

COLDREN RESOURCES LP: Bank meeting June 5 week; $590 million credit facility; Credit Suisse and Bank of America; $375 million first-lien term B talked at Libor plus 350 bps; $65 million synthetic facility for hedging and letters of credit talked at Libor plus 350 bps; $150 million second-lien term loan talked at Libor plus 550 bps; help finance the acquisition of certain Gulf of Mexico shelf assets from Noble Energy Inc.; New Orleans-based company that pursues low-risk drill-to-earn opportunities on the Gulf of Mexico shelf.

INTERLINE BRANDS INC.: New credit facility; Lehman and JPMorgan; fund acquisition of American Sanitary and refinance existing debt, including 11½% senior subordinated notes due 2011; Jacksonville, Fla., distributor and direct marketer of specialty maintenance, repair and operations products.

J.L. FRENCH AUTOMOTIVE CASTINGS INC.: Bank meeting June 1; $255 million exit facility; Goldman Sachs and Morgan Stanley; $150 million five-year first-lien term loan talked at Libor plus 275 bps; $55 million six-year second-lien term loan talked at Libor plus 525 bps, call protection 102, 101; $50 million five-year revolver talked at Libor plus 275 bps, 50 bps commitment fee; fund recapitalization under plan of reorganization and for working capital and general corporate purposes; Sheboygan, Wis., supplier of high-pressure die-cast aluminum automotive components and assemblies.

NATIONAL MENTOR HOLDINGS INC.: Bank meeting early June; new credit facility; JPMorgan, UBS Securities and Bank of America; revolver; $300 million in senior term loan debt; help fund buyout by management and Vestar Capital Partners, refinance existing bank debt, tender for bonds; Boston-based provider of home and community-based human services for individuals with developmental disabilities and acquired brain injuries, as well as for at-risk youth.

NATURAL PRODUCTS GROUP LLC: Bank meeting June 1; $565 million credit facility; CIBC and Credit Suisse; $25 million six-year revolver talked at Libor plus 300 bps, 50 bps commitment fee; $365 million seven-year first-lien term B talked at Libor plus 300 bps; $175 million 71/2-year second-lien term loan talked at Libor plus 650 bps; dividend recapitalization; Chatsworth, Calif., manufacturer and marketer of branded natural and organic personal care products.

TRANSDIGM INC.: New senior secured credit facility; Credit Suisse and Bank of America, with Credit Suisse left lead; help fund a bond tender and refinance outstanding bank debt; Cleveland-based designer, producer and supplier of highly engineered aircraft components for commercial and military aircraft.

UNITED SITE SERVICES INC.: New credit facility; Credit Suisse; help fund LBO by DLJ Merchant Banking Partners from Odyssey Investment Partners LLC; Westborough, Mass., provider of portable sanitation services to the construction, government and special events markets.

USG CORP.: Bank meeting June 2; $2.8 billion exit financing facility; JPMorgan and Goldman Sachs; $650 million five-year revolver talked at Libor plus 75 bps; $1 billion five-year term loan talked at Libor plus 75 bps; $1.15 billion 21/2-year tax bridge term loan talked at Libor plus 75 bps; repay DIP, pay claims, fund payments to the asbestos personal injury trust and general corporate purposes; Chicago-based building materials company.

WINDSTREAM COMMUNICATIONS: 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 Corp. wireline business with Valor Communications Group Inc., with merged company renamed Windstream Communications, 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.

JULY

QUANTUM CORP.: Up to $500 million in new loan financing; KeyBanc Capital Markets; help fund acquisition of Advanced Digital Information Corp.; San Jose, Calif., provider of storage, backup, recovery and archive solutions.

UPCOMING CLOSINGS

ACCRETIVE SOLUTIONS INC.: $125 million credit facility; Credit Suisse; $15 million five-year revolver talked at Libor plus 275 bps, 50 bps commitment fee; $75 million six-year term B talked at Libor plus 275 bps; $35 million 61/2-year second-lien term loan talked at Libor plus 700 bps; dividend recapitalization; Hauppauge, N.Y., professional services firm.

ALON USA ENERGY INC.: $450 million seven-year term B (B2/BB-) at Libor plus 250 bps; Credit Suisse; help fund acquisitions of Paramount Petroleum Corp. and Edgington Oil Co.; Dallas-based independent refiner and marketer of petroleum products.

ARVINMERITOR INC.: $1.05 billion senior secured credit facility; JPMorgan and Citigroup, with JPMorgan left lead; $850 million five-year revolver talked at Libor plus 175 bps, 37.5 bps commitment fee; $200 million six-year term B talked at Libor plus 175 bps; replace existing revolver; Troy, Mich., supplier of a broad range of integrated systems, modules and components to the motor vehicle industry.

ATRIUM COS. INC.: $475 million credit facility; Merrill Lynch Capital and CIT; $425 million term loan; $50 million revolver; acquisition financing; Dallas-based manufacturer and supplier of residential windows.

ATTACHMATEWRQ: $505 million credit facility; Credit Suisse and UBS; $20 million five-year revolver (B2/B) talked at Libor plus 325 bps, 50 bps commitment fee; $320 million six-year first-lien term B (B2/B) talked at Libor plus 325 bps; $165 million 61/2-year second-lien term loan talked at Libor plus 700 bps, call protection 102, 101; fund the acquisition of NetIQ Corp.; Seattle-based provider of access and integration software for legacy systems.

BOMBARDIER RECREATIONAL PRODUCTS INC.: New credit facility; $790 million seven-year term B (B1) with incurrence covenants talked at Libor plus 250 bps; C$250 million five-year revolver (Ba2) talked at Libor plus 225 bps; Merrill Lynch and RBC Capital joint lead arrangers on the term B, with Merrill Lynch, RBC and UBS joint bookrunners; BMO Nesbitt Burns and Merrill Lynch joint lead arrangers on the revolver, with BMO, Merrill Lynch and RBC joint bookrunners; recapitalization including bond tender offer; Valcourt, Quebec, motorized recreational vehicles company.

CANON COMMUNICATIONS LLC: $168 million credit facility; Credit Suisse; $120 million term B talked at Libor plus 300 bps to 325 bps (includes $35.5 million incremental debt, remainder being repriced from Libor plus 375 bps); $48 million second-lien term loan talked at Libor plus 675 bps to 700 bps (includes $15 million incremental debt, remainder being repriced from Libor plus 750 bps); acquisition financing and repricing; Los Angeles-based producer of print publications, trade shows and digital media.

CB RICHARD ELLIS GROUP INC.: $500 million five-year revolver talked at Libor plus 75 bps, 17.5 bps commitment fee; Credit Suisse; refinance existing bank debt; El Segundo, Calif., commercial real estate services company.

CENTURY CAMPUS HOUSING MANAGEMENT: $201.2 million senior credit facility; RBS Securities; $181.2 million five-year first-lien term loan talked at Libor plus 137.5 bps, 37.5 bps commitment fee; $20 million eight-year second-lien term loan talked at Libor plus 300 bps, 37.5 bps commitment fee, call protection of 103 for first three years, 101 in years four and five; fund acquisition by Transfield Pty Ltd. and refinance existing debt; Houston-based student housing company.

CENVEO CORP.: $525 million credit facility (BB-); Bank of America and Lehman, with Bank of America left lead; $200 million revolver talked at Libor plus 175 bps; $325 million term loan talked at Libor plus 200 bps; help fund a tender for $350 million of its 9 5/8% senior notes due 2012; Stamford, Conn., print and visual communications provider.

CHRISTIE/AIX: $217 million senior two-year delayed-draw term loan talked at Libor plus 450 bps, 50 bps unused fee; GE Commercial Finance; future capital equipment outlays contemplated under an ongoing 4,000-screen digital cinema rollout for which Christie/AIX is the funding vehicle and administrator; parent company Access Integrated Technologies Inc. is a Morristown, N.J., storage and electronic delivery service for owners and distributors of digital content to movie theaters and other venues.

CONSTELLATION BRANDS INC.: $3.5 billion in term loan debt (Ba2/BB); JPMorgan; $500 million revolver talked at Libor plus 125 bps; $700 million term A talked at Libor plus 125 bps; $2.3 billion term B talked at Libor plus 150 bps; fund purchase of Vincor International; Fairport, N.Y., producer and marketer of beverage alcohol brands.

COVALENCE SPECIALTY MATERIALS CORP.: $500 million in new bank debt; Bank of America; $200 million asset-backed revolver; $300 million term C (Ba3); replace existing revolver and term B; Princeton, N.J., producer of trash bags, stretch film and plastic sheeting, as well as a leading global producer of duct tape.

CRICKET COMMUNICATIONS INC. (LEAP WIRELESS): $1.1 billion credit facility (B2/B); Bank of America and Goldman Sachs, with Bank of America left lead; $900 million term B at Libor plus 275 bps, step down to Libor plus 250 bps; $200 million revolver; help fund participation in FCC's upcoming auction #66 and refinance existing bank debt; San Diego-based provider of mobile wireless services.

CROWN CASTLE OPERATING CO.: $1.25 billion credit facility (B1/BB); Morgan Stanley and RBS Securities, with Morgan Stanley left lead; $250 million 364-day revolver to price 25 bps inside of term loan pricing; $1 billion eight-year term loan talked at Libor plus 200 bps to 225 bps; fund the acquisition of Mountain Union Telecom LLC and refinance outstanding Mountain Union debt; Houston-based owner, operator and manager of wireless communications sites.

CUMULUS MEDIA INC.: $200 million term loan (Ba3/B); Bank of America and Wachovia; fund a modified Dutch auction tender for class A common stock; Atlanta-based radio company.

DAVITA INC.: Repricing term B at Libor plus 175 bps from Libor plus 200 bps, repricing term A at Libor plus 150 bps from Libor plus 175 bps; JPMorgan; El Segundo, Calif.-based provider of dialysis services.

DYNEGY INC.: $150 million term loan (Ba3); JPMorgan and Lehman; help fund redemption of series C convertible preferred stock for $400 million in cash; Houston-based electric company.

EDISON MISSION ENERGY: $500 million revolver; Citigroup left lead; refinancing in connection with bond tender offers; Irvine, Calif., independent power producer.

EDUCATION MANAGEMENT CORP.: Expected close June 1; $1.485 billion credit facility (B2/B); Goldman Sachs and Credit Suisse joint bookrunners, with Goldman left lead, Merrill Lynch and Bank of America underwriters; $1.185 billion seven-year term B at Libor plus 250 bps; $300 million six-year revolver at Libor plus 225 bps, 50 bps commitment fee; help fund LBO by Providence Equity Partners and Goldman Sachs Capital Partners; Pittsburgh-based provider of private post-secondary education.

EL POLLO LOCO HOLDINGS INC.: $200 million credit facility (B1/B+); Merrill Lynch, Bank of America and Goldman Sachs, with Merrill left lead; $175 million seven-year term B talked at Libor plus 225 bps area; $25 million six-year revolver talked at Libor plus 225 bps area; in connection with IPO; refinance existing credit facility and fund bond redemptions; Irvine, Calif., quick-service restaurant chain specializing in Mexican-style chicken dishes.

ENERGYSOLUTIONS: $870 million credit facility (Ba3/BB-); Citigroup; $75 million revolver at Libor plus 225 bps; $25 million synthetic letter-of-credit facility at Libor plus 225 bps; $770 million term B at Libor plus 225 bps; help fund acquisition of Duratek Inc., repay second-lien term loan and refinance existing debt; Salt Lake City-based national energy services company.

FAIRMONT HOTELS & RESORTS INC.: $3.7175 billion credit facility; Citigroup, Credit Suisse and Eurohypo, with Citi left lead; $300 million revolver talked at Libor plus 135 bps; $2.6525 billion term A talked at Libor plus 135 bps; $465 million term B talked at Libor plus 325 bps; $300 million five-year term C talked at Libor plus 600 bps PIK, reverting to cash pay after two years; back already completed buyout by Kingdom Hotels International and Colony Capital; Toronto-based owner/operator of luxury hotels and resorts.

FERRO CORP.: $700 million secured credit facility; National City Bank and Credit Suisse; $300 million five-year multi-currency revolver talked at Libor plus 325 bps, 50 bps commitment fee; $400 million six-year delayed-draw term loan talked at Libor plus 325 bps, 75 bps fee; revolver for working capital and general corporate purposes and the term loan, if drawn, will be used to refinance existing debt; Cleveland-based producer of performance materials for industry.

FRONTIER DRILLING: $315 million credit facility (B3/B-); Morgan Stanley and Lehman, with Morgan Stanley left lead; $50 million five-year revolver; $165 million seven-year term loan talked at Libor plus 275 bps to 300 bps; $100 million seven-year delayed-draw term loan talked at Libor plus 275 bps to 300 bps; fund capital expenditures to upgrade two rigs, to refinance existing debt and for working capital and general corporate purposes; Bergen, Norway, independent test and early production and drilling contractor.

GATEHOUSE MEDIA INC.: $610 million credit facility (B1/BB-); Wachovia Securities and Goldman Sachs, with Wachovia left lead; $40 million revolver; $570 million term B talked at Libor plus 200 bps; also $152 million secured bridge loan; refinance existing bank debt and fund the acquisitions of CP Media Inc. and Enterprise NewsMedia Holding LLC; Northbrook, Ill., community newspaper company.

GINN CLUBS & RESORTS: $675 million credit facility; Credit Suisse; $165 million five-year synthetic letter-of-credit facility (B1) at Libor plus 300 bps; $385 million five-year first-lien term B (B1) at Libor plus 300 bps; $125 million six-year second-lien term loan (B2) at Libor plus 700 bps; fund a dividend payout; Celebration, Fla., privately held resort development and management firm.

GOSS INTERNATIONAL CORP.: $100 million credit facility; Credit Suisse; $30 million five-year ABL revolver talked at Libor plus 325 bps, 100 bps commitment fee; $70 million six-year term B talked at Libor plus 650 bps; refinance existing debt; Bolingbrook, Ill., provider of web offset printing solutions.

GULFSIDE CASINO PARTNERSHIP: $230 million senior secured credit facility (B3/B); UBS and Merrill Lynch; $45 million five-year revolver talked at Libor plus 275 bps; $185 million six-year term loan talked at Libor plus 325 bps; refinance existing debt and refurbush and redevelop the Grand Casino Gulfport; Gulfport, Miss., casino operator.

HANGER ORTHOPEDIC GROUP INC.: $305 million credit facility (B2/B); Lehman and Citigroup, with Lehman left lead, Citi administrative agent; $230 million term loan at Libor plus 250 bps, step down to Libor plus 225 bps if total leverage is less than 5x and corporate ratings are no less than B2/B; $75 million revolver; refinance bank debt, bonds and preferred stock; Bethesda, Md., provider of orthotic and prosthetic patient-care services.

HELIX ENERGY SOLUTIONS INC.: $1.09 billion senior secured credit facility (B2/BB); Bank of America; $840 million seven-year term B at Libor plus 200 bps, step down to Libor plus 175 bps; $250 million revolver; help fund acquisition of Remington Oil and Gas Corp.; Houston-based energy service company.

J. RAY MCDERMOTT SA: $500 million senior secured credit facility (B1/B+); Credit Suisse; $400 million five-year revolver talked at Libor plus 250 bps, 50 bps commitment fee; $100 million six-year synthetic letter-of-credit facility talked at Libor plus 250 bps; in connection with bond tender offer; Houston-based provider of engineering, procurement, construction, and installation services for offshore oil and gas field developments.

JACOBS ENTERTAINMENT INC.: $100 million credit facility (B+); Credit Suisse and CIBC; $40 million five-year revolver at Libor plus 250 bps, 50 bps commitment fee; $40 million six-year term B at Libor plus 250 bps; $20 million six-year delayed-draw term loan at Libor plus 250 bps; refinance 11 7/8% senior secured notes and $19 million of subordinated debt; Golden, Colo.-based owner and operator of multiple gaming properties.

KNOLOGY INC.: Repricing first-lien term loan (B) to Libor plus 225 bps from Libor plus 550 bps; Credit Suisse; West Point, Ga., provider of interactive communications and entertainment services.

LNR PROPERTY CORP.: $1.7 billion credit facility; Deutsche Bank and Goldman Sachs; $300 million revolver; $300 million term A; $1.1 billion term B talked at Libor plus 275 bps; refinance existing debt; Miami Beach, Fla.-based real estate investment, finance and management company.

MARK IV INDUSTRIES INC.: $899 million in new term debt; $729 million term loan (B1/BB) talked at Libor plus 250 bps to 275 bps; $170 million second-lien term loan (B3/BB-) talked at Libor plus 600 bps to 625 bps, soft call 102, 101; Bear Stearns, JPMorgan and Credit Suisse, with Bear Stearns administrative agent on the second lien and JPMorgan administrative agent on the first lien; fund a tender offer for 7½% senior subordinated notes due 2007 and refinance existing term B; Amherst, N.Y., maker of engineered systems and components for transportation infrastructure, vehicles and equipment.

THE MCCLATCHY CO.: $3.2 billion senior unsecured credit facility (Ba1/BBB); Bank of America and JPMorgan; $1 billion revolver talked at Libor plus 87.5 bps; $2.2 billion term A talked at Libor plus 87.5 bps; also $550 million bridge loan; fund the acquisition of Knight-Ridder Inc.; Sacramento, Calif., newspaper and internet publisher.

MD BEAUTY INC.: $408 million credit facility; BNP Paribas; $25 million revolver (B1/B-) talked at Libor plus 275 bps; $237 million first-lien term loan (B1/B-) talked at Libor plus 275 bps; $146 million second-lien term loan (B3/CCC) talked at Libor plus 700 bps; refinance existing credit facility and fund a dividend payment; San Francisco-based personal care company.

MERISANT CO.: $85 million senior secured second-lien term loan; Jefferies and Credit Suisse; prepay some first-lien loan debt; Chicago-based low-calorie sweetener company.

NTELOS INC.: $235 million first-lien term loan add-on (B2/B); Morgan Stanley; repay second-lien term loan; Waynesboro, Va., provider of wireless and wireline communication services.

OTELCO INC.: $135 million senior secured credit facility; General Electric Capital Corp.; fund acquisition of Mid-Maine Communications Inc. and refinance debt; Oneonta, Ala., wireline telephone services provider.

OWENS-ILLINOIS INC.: $1.5 billion credit facility (B1/BB-/BB-); Deutsche Bank and Bank of America, with Deutsche left lead; $850 million multi-currency revolver talked at Libor plus 175 bps; $225 million equivalent Australian term A talked at Libor plus 175 bps; $300 million U.S. and euro term B talked at Libor plus 175 bps; $125 million equivalent Canadian term C talked at Libor plus 175 bps; refinance existing debt; Toledo, Ohio, manufacturer of packaging products.

PACKAGING DYNAMICS CORP.: $255 million credit facility; Deutsche Bank and Jefferies, with Deutsche left lead; $130 million covenant-light term loan (Ba3/BB-) at Libor plus 200 bps; $125 million asset-backed revolver at Libor plus 150 bps; help fund LBO of Packaging Dynamics Corp. by Kohlberg & Co. and merger with Thilmany; Chicago-based flexible packaging company.

PAETEC CORP.: $390 million credit facility; Merrill Lynch and Deutsche Bank joint bookrunners, with Merrill left lead, CIT and CIBC involved; $25 million revolver (B1/B) talked at Libor plus 375 bps; $240 million first-lien term B (B1/B) talked at Libor plus 375 bps; $125 million second-lien term loan (B3/CCC+) talked at Libor plus 775 bps, call protection 103, 102, 101; refinance existing credit facility and buy back preferred shares; Fairport, N.Y., competitive local exchange carrier.

PRIMUS INTERNATIONAL: $120 million credit facility; CIBC; $20 million revolver talked at Libor plus 275 bps; $100 million term loan talked at Libor plus 275 bps; help fund LBO by Oak Hill Capital Partners; Seattle-based supplier of structural components and assemblies to the commercial and military aerospace industry.

PRO-BUILD HOLDINGS INC.: $1.3 billion credit facility; Bank of America; $550 million revolver; $300 million term loan talked at Libor plus 175 bps; $450 million delayed-draw term loan talked at Libor plus 175 bps; back the already completed purchase of Lanoga Corp. by Fidelity Capital and merger with existing portfolio company, Strober Organization to create Pro-Build; professional building materials dealer.

QUALITY HOME BRANDS: $420 million credit facility; Bear Stearns and BNP Paribas, with Bear Stearns left lead; $30 million six-year revolver talked at Libor plus 250 bps; $270 million 61/2-year first-lien term loan talked at Libor plus 250 bps; $120 million seven-year second-lien term loan talked at Libor plus 650 bps to 675 bps, 101 call protection; fund the acquisition of a lighting company and to refinance existing bank debt; Bronx, N.Y., lighting fixtures, ceiling fans and decorative products company.

QUIZNOS: $950 million credit facility; Deutsche Bank and Goldman Sachs; $75 million revolver at Libor plus 225 bps; $650 million term B at Libor plus 225 bps; $225 million second-lien term loan at Libor plus 575 bps, call protection 102, 101; help fund JPMorgan Partners's purchase of a significant ownership in the company; Denver-based quick-service restaurant chain.

RCN CORP.: Expected closed by end of May; $130 million credit facility (Ba3); Deutsche Bank; $75 million term loan talked at Libor plus 200 bps; $55 million revolver talked at Libor plus 200 bps; refinance existing bank debt; Princeton, N.J., provider of communications services.

REYNOLDS AMERICAN INC.: $2.1 billion credit facility (Ba1/BBB-/BBB-); Lehman Brothers, JPMorgan, Citigroup and General Electric Capital Corp., Lehman left lead; $1.55 billion six-year term B at Libor plus 187.5 bps, step down to Libor plus 175 bps at less than 2x leverage; $550 million five-year revolver at Libor plus 200 bps; help fund acquisition of Conwood; combined company to be a Memphis, Tenn., manufacturer and marketer of cigarettes and other tobacco products.

SILGAN HOLDINGS INC.: €200 million term loan (Ba2/BB+) talked at Libor plus 112.5 bps; Deutsche Bank; fund acquisition of Amcor Ltd.'s White Cap closures business; Stamford, Conn., manufacturer of consumer goods packaging products.

STURM FOODS INC.: $220 million credit facility; Deutsche; amended $20 million revolver; $200 million first-lien term loan talked at Libor plus 250 bps; refinance existing first-lien term loan priced at Libor plus 275 bps and repay second-lien term loan; Manawa, Wis., provider of dry food products for targeted private label and co-pack markets.

SUPERVALU STORES: $4 billion credit facility (NA/NA/BB); RBS Securities left lead, Bank of America, Citigroup and Rabobank co-syndication agents, CoBank and US Bank co-documentation agents; $2 billion five year revolver, at Libor plus 150 bps, 40 bps unused fee; $1.25 billion five-year term A at Libor plus 150 bps; $750 million six-year term B talked at Libor plus 175 bps; Eden Prairie, Minn., food wholesaler and retailer.

TENSAR EARTH TECHNOLOGIES: $95 million of incremental bank debt; Credit Suisse; $40 million four-year revolver talked at Libor plus 275 bps, 50 bps commitment fee; $55 million six-year term B talked at Libor plus 275 bps; acquisition financing; Atlanta-based provider of technology-driven site solutions for site development of commercial, residential, industrial and municipal properties as well as transportation and environmental infrastructure.

TEXAS PETROCHEMICALS LP: Expected close late-May; $395 million credit facility; Deutsche Bank and Credit Suisse leading term loan, Deutsche and LaSalle leading revolver; $280 million seven-year covenant-light term B (Ba3/B+) talked at Libor plus 225 bps to 250 bps; $115 million five-year asset-based revolver talked at Libor plus 150 bps, 37.5 bps commitment fee; help fund acquisition of Huntsman Corp.'s U.S. butadiene and related MTBE operations; Houston-based chemical company.

THOMAS NELSON INC.: $235 million credit facility; Credit Suisse; $30 million five-year revolver at Libor plus 225 bps, 50 bps commitment fee; $205 million six-year term B at Libor plus 225 bps; help fund buyout by InterMedia Partners VII LP; Nashville, Tenn., publisher and distributor of products emphasizing Christian, inspirational and family value themes.

UNITED AGRI PRODUCTS INC.: $850 million senior secured credit facility; General Electric Capital Corp. and Goldman Sachs, GECC left lead; $675 million five-year asset-based revolver (Ba2/BB) talked at Libor plus 125 bps, 25 bps unused fee; $175 million six-year term loan (Ba3/BB-) talked at Libor plus 200 bps; help fund bond tender offers; Greeley, Colo., distributor of agricultural inputs and professional non-crop products.

U.S. SECURITY HOLDINGS INC.: $205 million credit facility (B1/B); RBS Securities; $40 million revolver at Libor plus 250 bps; $135 million term B at Libor plus 250 bps; $30 million delayed-draw acquisition term B at Libor plus 250 bps; also $65 million in mezzanine debt; recapitalization; Roswell, Ga., provider of facility services, such as security, janitorial and maintenance services.

VANGUARD CAR RENTAL USA INC.: $975 million credit facility (B2/BB); Goldman Sachs and JPMorgan, with Goldman left lead; $800 million seven-year term B at Libor plus 300 bps, 101 soft call; $175 million six-year revolver; recapitalization that will include refinancing existing debt, paying a small dividend and enhancing liquidity; Tulsa, Okla., owner and operator of Alamo Rent A Car and National Car Rental.

VISTEON CORP.: $1.5 billion secured credit facility; JPMorgan and Citigroup; $800 million seven-year term loan (B+) talked at Libor plus 300 bps, call protection 102, 101; $700 million in revolver tranches that will be divided into two five-year facilities for the United States and Europe (not currently being syndicated); repay existing secured facilities that mature in June 2007 and for general corporate purposes; Van Buren Township, Mich., automotive supplier.

W&T OFFSHORE INC.: $1.3 billion senior secured credit facility (B2/B+); TD Securities and Lehman Brothers, with TD left lead; $500 million revolver at Libor plus 275 bps for six months, then dropping to Libor plus 250 bps; $500 million term A at Libor plus 275 bps for six months, then dropping to Libor plus 250 bps; $300 million term B at Libor plus 225 bps; help fund the acquisition of substantially all of the Gulf of Mexico conventional shelf properties of Kerr-McGee Oil & Gas Corp.; Houston-based oil and natural gas company.

WESTLAND HOLDINGS: $225 million credit facility; Credit Suisse; $175 million 51/2-year first-lien term B (B1) talked at Libor plus 325 bps; $50 million 61/2-year second-lien term loan (B2) talked at Libor plus 700 bps, call protection 103, 102, 101; help fund Rhodes Homes' acquisition of Westland - a company that owns 55,000 acres in New Mexico -and fund property development.

X-RITE INC.: $220 million credit facility; Goldman Sachs; $40 million revolver (B1/B+) talked at Libor plus 225 bps; $120 million first-lien term loan (B1/B+) talked at Libor plus 225 bps; $60 million second-lien term loan (B3/B-) talked at Libor plus 500 bps to 550 bps; 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.

ON THE HORIZON

ALERIS INTERNATIONAL INC.: New credit facility; Deutsche and Citigroup, with Deutsche left lead; help fund acquisition of Corus Group plc for about €700 million; Beachwood, Ohio, manufacturer of rolled aluminum products, aluminum recycler and producer of specification alloys.

ARAMARK CORP.: New senior credit facility; Goldman Sachs and JPMorgan; help fund public-to-private transaction led by Joseph Neubauer, chairman and chief executive officer; Philadelphia-based provider of food and facility management services.

CARLSON WAGONLIT TRAVEL: $800 million in new credit facilities; JPMorgan, Lehman Brothers and Morgan Stanley; $525 million credit facility consisting of a $325 million term loan and a $200 million revolver to help fund recapitalization by Carlson Cos. and One Equity Partners; $275 million term loan to help fund subsequent purchase of Navigant International Inc.; Minneapolis-based business travel management company.

CEDAR FAIR LP: $2 billion bank debt commitment assumed at Libor plus 175 bps, subject to ratings; Bear Stearns; refinance existing debt and fund acquisition of Paramount Parks from CBS Corp.; Sandusky, Ohio, owner and operator of amusement parks and water parks.

COLUMBIA ENTERTAINMENT: $3.15 billion debt commitment; Credit Suisse; fund acquisition of Aztar Corp.; Fort Mitchell, Ky., owner, developer and operator of hotel properties and casinos.

CTC COMMUNICATIONS/CHOICE ONE COMMUNICATIONS: New senior secured credit facility; Goldman Sachs; help fund the acquisition of Conversent Communications Inc. and refinance existing debt; communications provider.

ENESCO GROUP INC.: $75 million five-year senior secured credit facility; LaSalle Business Credit LLC; replace existing facility; must close on or before May 31; Itasca, Ill., producer of fine gifts, collectibles and home decor accessories.

EYE CARE CENTERS OF AMERICA INC.: New senior secured credit facility; Citigroup; help fund acquisition by Highmark Inc.; San Antonio retail optical chain.

FLEXTRONICS SOFTWARE: New credit facility; Citigroup Global Markets (Asia) and Merrill Lynch joint bookrunners and joint lead arrangers; help fund purchase of Flextronics International Ltd.'s software development and solutions business (to be renamed) by Kohlberg Kravis Roberts & Co.; Palo Alto, Calif., provider of high impact software solutions to the global communications industry.

GENERAL MOTORS ACCEPTANCE CORP.: $25 billion three-year asset-based revolver in two tranches, $10 billion that is expected to be available before closing of the buyout and $15 billion that is expected to be available at closing; Citigroup; in connection with purchase of General Motors Corp.'s 51% stake of the company by Cerberus Capital Management LP, Citigroup Inc. and Aozora Bank Ltd.; support ongoing business and enhance liquidity; Detroit-based provider of automotive financing, commercial finance, insurance and mortgage products, banking and real estate services.

GREEN MOUNTAIN COFFEE ROASTERS INC.: $125 million five-year senior secured revolver at Libor plus 175 bps; Bank of America; fund acquisition of 65% of Keurig Inc. and refinance debt; Waterbury, Vt., roaster and seller of specialty coffee products.

HANESBRANDS INC.: New senior secured credit facility; seven-year term loan; five-year revolver; pay a dividend to Sara Lee Corp. in connection with spinoff; Winston-Salem, N.C., apparel company.

INFOR GLOBAL SOLUTIONS: New dollar- and euro-denominated credit facility; JPMorgan and Credit Suisse, with JPMorgan left lead; revolver; first-lien term loan; possibly second-lien term loan; help fund acquisition of SSA Global and refinance existing credit facility; Alpharetta, Ga.-based software provider.

INTEGRA TELECOM INC.: $450 million first- and second-lien credit facility; CIBC World Markets Corp. sole lead arranger and co-bookrunner on the first lien with Goldman Sachs Specialty Lending Group LP co-bookrunner and administrative agent; Goldman Sachs Specialty Lending Group LP co-underwriting the second lien; fund purchase of Electric Lightwave Inc. from Citizens Communications and refinance existing bank debt; Portland, Ore., integrated communications carrier.

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.

JDA SOFTWARE GROUP INC.: $225 million credit facility; Citigroup and UBS; $175 million term loan; $50 million revolver; fund purchase of Manugistics Group Inc., retire Manugistics' existing debt and provide for ongoing working capital and general corporate needs; Scottsdale, Ariz., provider of software solutions.

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.

KERZNER INTERNATIONAL LTD.: Mid-2006 event; $2.775 billion senior secured credit facility; Deutsche Bank and Goldman Sachs, with Deutsche left lead; $2.075 billion seven-year term B talked at Libor plus 250 bps; $700 million six-year revolver talked at Libor plus 250 bps, 50 bps commitment fee; help fund LBO by an investor group that's led by management; Paradise Island, The Bahamas, developer and operator of destination resorts, luxury resort hotels and gaming properties.

LEGENDS GAMING LLC: New credit facility; CIT; first-lien (B+); second-lien (B-); help fund purchase of Bossier City, La., and Vicksburg, Miss., properties from Isle of Capri Casinos Inc.; owner and operator of casinos.

LIBBEY GLASS INC.: $150 million senior secured revolver due May 2011; help finance the purchase of the remaining 51% equity interest in its Mexican joint venture that it currently does not own, repay existing bank debt, redeem senior notes and refinance the euro-denominated working capital line of credit Libbey Europe BV; Toledo, Ohio, operator of glass tableware manufacturing plants.

LONGVIEW FIBRE CO.: $300 million senior secured seven-year term loan (Ba3); Bank of America and Goldman Sachs; fund purchase of 10% senior subordinated notes due 2009 and the up to $77 million cash portion of a special distribution to shareholders; Longview, Wash., manufacturer of corrugated and solid-fiber containers, and other paper products.

MEDIANEWS GROUP INC.: Up to $687 million term C; Bank of America; fund the acquisition of two northern California papers from The McClatchy Co.; Denver-based newspaper company.

MILLIPORE CORP.: New credit facility; UBS Loan Finance LLC; help fund acquisition of Serologicals Corp.; Billerica, Mass.-based bioprocess and bioscience products and services company.

NCO GROUP INC.: New credit facility; Morgan Stanley; help fund proposed acquisition of NCO by chairman and chief executive officer, Michael J. Barrist, and One Equity Partners II LP; Horsham, Pa., provider of business process outsourcing services.

NES RENTALS HOLDINGS INC.: New credit facility; Deutsche Bank; help fund LBO by Diamond Castle Holdings LLC; Chicago-based aerial and general equipment rental and traffic safety services provider.

ONEIDA LTD.: $170 million exit financing; Credit Suisse; $80 million five-year revolver at Libor plus 150 bps, 25 bps commitment fee; $90 million six-year term loan at Libor plus 700 bps with a step down to Libor plus 650 bps if leverage is between 3.5x and 4x and to Libor plus 600 bps if leverage is less than 3.5x, call protection 103, 101; Oneida, N.Y., maker of flatware, dinnerware, crystal and metal serving pieces for consumers and the food services industry.

PETROHAWK ENERGY CORP.: Increasing first-and second-lien credit facilities; BNP Paribas; help finance acquisition of KCS Energy Inc.; Houston-based oil and gas exploration and production company.

PHILADELPHIA MEDIA HOLDINGS LLC: New credit facility; RBS Securities; help fund acquisition of Philadelphia Newspapers, Inc. from The McClatchy Co.; new company formed by a group of local investors headed by advertising executive Brian Tierney for the purpose of acquiring the assets.

PLIANT CORP.: $200 million revolving credit exit facility at Libor plus 275 bps to 300 bps, based on utilization; Merrill Lynch Commercial Finance Corp.; replace existing pre-bankruptcy revolver and DIP; Schaumburg, Ill., producer of film and flexible packaging products.

RESOURCE MANAGEMENT SERVICE LLC: New bank financing; GE Capital Markets and RBS Securities joint lead arrangers; help fund purchase of timberlands from International Paper Co.; Birmingham, Ala., independent timberland investment-management firm.

REVLON INC.: $960 million credit facility; Citigroup and JPMorgan, with Citi left lead; $160 million six-year revolver talked at Libor plus 150 bps; $800 million seven-year term B talked at Libor plus 300 bps; refinance existing credit facility; New York-based manufacturer, marketer and seller of cosmetics, skincare, fragrances and personal care products.

REXNORD CORP. (RBS GLOBAL INC.): New credit facility; Merrill Lynch, Credit Suisse, Bear Stearns and Lehman, with Merill Lynch left lead; help fund LBO by Apollo Management from The Carlyle Group and management; Milwaukee-based manufacturer of highly-engineered precision motion technology products, primarily focused on power transmission.

SELECT PERSONNEL SERVICES: New credit facility; Goldman Sachs and Bank of the West; revolver; first-lien term loan; possibly second-lien term loan; help fund acquisition of RemedyTemp Inc.; Santa Barbara, Calif., temporary staffing services company.

SMURFIT-STONE CONTAINER CORP. CONSUMER PACKAGING BUSINESS: New credit facility; JPMorgan, Bank of America and Lehman, with JPMorgan left lead; help fund LBO by Texas Pacific Group.

SOURCECORP INC.: $250 million credit facility; Credit Suisse and UBS Securities; $75 million revolver; $175 million in term debt; help fund LBO by Apollo Management LP; Dallas-based provider of business process outsourcing solutions and specialized consulting services.

TELEPACIFIC COMMUNICATIONS: Approximately $315 million senior secured credit facility; Credit Suisse and Bank of America; revolver; first-lien term loan; second-lien term loan; fund acquisition of Mpower Holding Corp.; Los-Angeles-based provider of business telecommunications network solutions.

VERIFONE HOLDINGS INC.: $540 million senior secured credit facility; JPMorgan and Lehman Brothers; $40 million revolver; $500 million term B; help fund purchase of Lipman Electronic Engineering Ltd. and refinance debt; San Jose, Calif., provider of electronic payment solutions and services.

VNU NV: Retail meeting to be determined, SMA meeting was May 23; €4.7 billion credit facility; Citigroup, Deutsche Bank and JPMorgan, with Citi left lead; €550 million multi-currency revolver; €4.15 billion term B, of which €380 million is strictly a European carve-out and the remainder will most likely be syndicated in the United States; help fund acquisition by Valcon Acquisition BV; Netherlands-based information and media company.

WATSON PHARMACEUTICALS INC.: $1.15 billion credit facility; CIBC; $500 million five-year revolver at Libor plus 75 bps; $650 million five-year term loan at Libor plus 75 bps; help fund purchase of Andrx Corp.; Corona, Calif., generic pharmaceutical company.


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