High Yield Calendar: $725 million deals being marketed

JULY 6 WEEK

BASIC ENERGY SERVICES INC.: $225 million senior notes due 2017; Goldman Sachs & Co. (books), UBS Investment Bank, Jefferies & Co. Inc., Banc of America Securities LLC, Capital One, Comerica Inc., Natixis (co-managers); Rule 144A/Regulation S; to repay $180 million of bank debt and for general corporate purposes; Midland, Tex.-based oilfield services company; roadshow began Monday, investor call scheduled for Tuesday, pricing late in July 6 week.

ONE COMMUNICATIONS CORP.: $275 million first-priority senior secured notes due 2015 (expected B-); Morgan Stanley & Co. Inc., J.P. Morgan Securities Inc.; Rule 144A; non-callable for four years; to repay bank debt; Burlington, Mass.-based privately held regional provider of telecommunications services.

YONKERS RACING CORP.: $225 million of seven-year senior secured notes (B1/B+); Credit Suisse, J.P. Morgan Securities Inc. (joint books); Rule 144A for life offering; non-callable for four years, but with option to redeem up to 10% at 103 in each of the first four years; to repay existing debt and to terminate an interest-rate swap; Yonkers, N.Y.-based operator of Yonkers Raceway harness horse racing track and Empire City racino; possibly pricing this week.

ON THE HORIZON

CDW CORP.: $1.94 billion notes: $890 million senior unsecured cash-pay notes due 2015 (Caa1/CCC+), $300 million senior unsecured PIK toggle notes due 2015 (Caa1/CCC+) and $750 million senior subordinated notes due 2017 (Caa2/CCC+); J.P. Morgan Securities Inc., Deutsche Bank Securities Inc., Morgan Stanley & Co. Inc.; to refinance bridge loan related to LBO; Vernon Hills, Ill., provider of technology products and services.

GENERAL MOLY: $540 million to $700 million debt financing including high-yield bonds, leveraged loans and possibly convertibles; Credit Suisse and Barclays, arrangers; to fund the Mt. Hope molybdenum project, located in central Nevada; also $240 million to $400 million of equity; formerly Idaho General Mines, General Moly is a Lakewood, Colo.-based molybdenum mineral development, exploration and mining company.

NORTH AMERICAN ENERGY ALLIANCE: $325 million senior unsecured notes; Barclays Capital Inc.; also $545 million credit facility (BB+); to help back the roughly $1.477 billion acquisition of 1,706 megawatts of generation projects by Industry Funds Management from Consolidated Edison Inc.

RIVERDEEP INTERACTIVE LEARNING USA: $820 million senior subordinated notes; Credit Suisse, Citigroup (joint); proceeds along with $1.87 billion senior bank debt, $750 million mezzanine debt and $1.5 billion equity to fund the acquisition of Houghton Mifflin by Riverdeep from Thomas H. Lee Partners, Bain Capital Partners, LLC and Blackstone Group for $3.4 billion; Riverdeep, based in Dublin, Ireland, is a publisher of interactive products for the consumer and school markets.

TRIDENT RESOURCES: New senior unsecured notes and new revolver in conjunction with IPO led by Deutsche Bank Securities Inc. and Jefferies & Co.; to recapitalize the company and repay debt; Calgary, Alta.-based natural gas production company.

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