High Yield Calendar: $1.565 billion, C$675 million and €175 million being marketed

JUNE 20 WEEK

AMC NETWORKS INC.: $700 million senior notes due 2021 (B2/B+); Bank of America Merrill Lynch, J.P. Morgan Securities LLC, Barclays Capital Inc., Citigroup Global Markets Inc., Credit Agricole CIB, Credit Suisse Securities (USA) LLC, Goldman Sachs & Co., Morgan Stanley & Co. Inc., RBS Securities Inc., SunTrust Robinson Humphrey Inc., UBS Investment Bank, US Bancorp (joint), BNP Paribas Securities Corp., Deutsche Bank Securities Inc. Guggenheim, Nomura, RBC Capital Markets, Scotia Capital (co's); Rule 144A with registration rights; non-callable for five years; 101% poison put; to help finance the spinoff of AMC from Cablevision Systems Corp.; Bethpage, N.Y.-based telecommunications, media and entertainment company; roadshow started June 17; pricing middle of June 20 week.

CCS CORP. C$675 million equivalent senior notes (Caa2): Dollar-denominated notes due 2019 and Canadian dollar-denominated notes due 2018; Goldman Sachs & Co., Deutsche Bank Securities Inc. (joint), Barclays Capital Inc., CIBC World Markets, J.P. Morgan Securities LLC, RBC Capital Markets, TD Securities (co's); Rule 144A and Regulation S for life; both tranches non-callable for three years; to finance the repurchases of the 11% senior notes due 2015 and the 11% senior subordinated notes due 2015, with any remaining proceeds for general corporate purposes; Calgary, Alta.-based waste management services provider to the oil and gas industries; roadshow started June 14.

CKX ENTERTAINMENT, INC.: $360 million senior secured second-lien notes due 2019 (/B-/); Goldman Sachs & Co. (left books), Macquarie Group Ltd. (joint books); Rule 144A and Regulation S; non-callable for four years; to fund the purchase of common stock and repay existing credit facility; New York City-based owner and developer of entertainment content; roadshow started June 16.

MAIN ST. PERSONAL FINANCE, INC.: $95 million senior secured notes due 2019; Cortview Capital Securities (sole); Rule 144A for life; non-callable for four years; to fund the acquisition of Express Cash Advance, repay revolver, fund the buy-out of a minority equity and debt holder, and for general corporate purposes; Cleveland, Tenn.-based financial company does business as Approved Cash Advance, Quik Lend, and A Dollar; roadshow starts June 20.

GULF OFFSHORE LOGISTICS, LLC: Revised $110 million senior secured notes due 2016: $75 million first-lien floating-rate notes, price talk Libor plus 750 bps with a 200 bps Libor floor at 99, and $35 million second-lien fixed-rate notes, price talk 12¼% coupon at about 99 to yield 12½%; Global Hunter Securities, Knight Capital; both tranches callable in three years at 103; to repay debt and for general corporate purposes; Raceland, La.-based provider of marine transportation and logistical services to the oil and gas industry; possible business for June 13 week.

EL POLLO LOCO, INC.: $110 million of 6.5-year senior secured notes (expected ratings Caa2/CCC); Jefferies & Co.; private placement; Regulation D, to be converted into Rule 144A upon completion of the deal; non-callable for two years; to refinance existing debt; Costa Mesa, Calif.-based restaurant operator; initial guidance 12% to 12½%; possibly pricing June 20 week.

ESSAR SERVICES MAURITIUS/AEGIS LTD.: $300 million senior notes due 2016 (/BB-/BB-); Deutsche Bank Securities Inc., UBS Investment Bank, Standard Chartered Bank (joint physical books); Rule 144A and Regulation S; non-callable for three years; to repay debt and for general corporate purposes; Mumbai, India provider of outsourcing services; Asian roadshow begins June 9, U.S. roadshow begins June 14; pricing end of June 13 week.

KERLING PLC: €75 million loan note; Bank of America Merrill Lynch; to help fund the acquisition of Tessenderlo's European chlorvinyls business for €110 million in cash; to help finance its acquisition of Belgium-based Tessenderlo Group's chlor-vinyls business and assets in Belgium, France and The Netherlands for €110 million in cash; Kerling is a Runcorn, England-based producer of PVC and related products; investor meeting June 15.

JUNE 27 WEEK

WEINERBERGER AG: €100 million senior notes due 2018 (Ba1/BB); Raiffeisen International Bank and UniCredit Bank Austria; Regulation S; to refinance debt; Vienna, Austria-based building supplies company; subscription period June 27-29; expected to come with 5% coupon.

EXPECTED JUNE BUSINESS

FIAT SPA: Benchmark notes (Ba1/BB/BB+); Citigroup, Mediobanca, Royal Bank of Scotland, Banco Santander, UBS, SG CIB; Milan, Italy-based auto manufacturer.

INC RESEARCH LLC: $250 million senior notes (Caa1/B-/) backed by $250 million Libor plus 750 bps bridge loan (1.25% Libor floor), commitments due late May 2011; Morgan Stanley; also $425 million credit facility; to help fund its purchase of Kendle International Inc.; INC Research is a Raleigh, N.C.-based therapeutically focused contract research organization; Kendle is a Cincinnati-based clinical research organization.

DUOCOMMUN INC.: $200 million senior notes; UBS Securities LLC and Credit Suisse Securities (USA) LLC (joint); also $240 million credit facility; to fund its acquisition of LaBarge Inc., expected to close in the second quarter of 2011, and repay debt; Ducommun is a Carson, Calif.-based provider of engineering and manufacturing services to the aerospace and defense industry.

NEWLEAD HOLDINGS LTD.: $120 million senior secured bonds due 2016; Rule 144A and Regulation S; to finance certain vessel purchase commitments, to refinance the debt of certain vessels and for general corporate purposes; Piraeus, Greece-based international, vertically integrated mixed fleet shipping company.

RURAL/METRO CORP.: New high-yield bonds and credit facility; Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc. and Jefferies & Co. are leading the financing; to help fund the acquisition of the company by Warburg Pincus; Scottsdale, Ariz.-based provider of emergency and non-emergency ambulance services and private fire protection services.

SARATOGA RESOURCES INC.: $150 million first-lien senior secured notes; to refinance substantially all of the company's debt; oil & gas development and exploration company with operations in Southern Louisiana and offices in Houston and Covington, La.

ON THE HORIZON

ACADEMY SPORTS + OUTDOORS: $450 million high-yield bonds; Credit Suisse Securities (USA) LLC (left books), Goldman Sachs & Co. (joint books), also Barclays Capital Inc., Mizuho Securities USA Inc. and KKR Financial; also $1.49 billion credit facility; to help fund buyout by Kohlberg Kravis Roberts & Co LP; Katy, Texas-based sporting goods and outdoor store chain.

AMERICAN TOWER CORP.: Expected issue of high-yield notes, as part of a refinancing of bank debt maturing in 2012; Boston-based wireless and broadcast communications infrastructure company.

CAPSUGEL: €325 million bridge loan backing a proposed €325 million notes; also $1.07 billion credit facility to be led by UBS Securities LLC, Barclays Capital Inc., Deutsche Bank Securities Inc., KKR Capital Markets and Mizuho Securities USA Inc.; to help fund the buyout of the company by Kohlberg Kravis Roberts & Co LP from Pfizer Inc. for $2.375 billion in cash, expected to close in the third quarter of 2011; Peapack, N.J.-based manufacturer of hard capsules and drug-delivery systems.

DNO INTERNATIONAL ASA: $200 million to $300 million senior secured bonds due 2016; Pareto Securities AS, ABG Sundal Collier ASA and Fearnley Fonds ASA; for general corporate purposes; Oslo, Norway, oil and gas exploration and production company.

GGC SOFTWARE HOLDINGS INC.: $560 million senior notes and $1.115 billion credit facility; Credit Suisse Securities (USA) LLC, Bank of America Merrill Lynch, Morgan Stanley Senior Funding, Inc., Royal Bank of Canada, Deutsche Bank Securities Inc. are leading the financing; to fund the LBO of Lawson Software by Golden Gate Capital and Infor Global Solutions, expected to close in third quarter of 2011; St. Paul, Minn.-based enterprise software developer.

KRUGER INC.: Up to C$210 million PIK toggle notes (upsized from C$200 million); GMP Securities; project finance; Montreal-based paper products manufacturer.

LODGENET INTERACTIVE CORP.: Possible debt financing that could include bonds; to repay bank debt; Sioux Falls, S.D.-based provider of interactive media and connectivity services to the hospitality industry and interactive patient education, information and entertainment systems to health-care facilities; ($435 million six-year senior secured second-lien notes, B3/B/, via Bank of America Merrill Lynch, J.P. Morgan Securities LLC, put on hold Sept. 28 as company announced it is seeking alternatives).

NAL OIL & GAS: C$150 million to C$250 million notes; RBC Capital Markets, BMO Nesbitt Burns; Calgary, Alta., trust acquires interests in Canada's upstream conventional oil and gas industry.

SEALED AIR CORP.: $1.5 billion equivalent senior notes expected to be split into $1 billion and €500 million offerings, and $3 billion equivalent credit facilities; Citigroup Global Markets Inc.; to help fund Sealed Air's acquisition of Diversey Holdings Inc. from the Johnson family and Clayton, Dubilier & Rice LLC for $2.1 billion in cash and an aggregate of 31.7 million shares of Sealed Air common stock, in a transaction valued at $4.3 billion, expected to close during 2011 ($1.4 billion Diversey debt to be refinanced); Sealed Air is an Elmwood Park, N.J.-based manufacturer of packaging systems for food, industrial, medical, and consumer applications; Diversey is a Sturtevant, Wis.-based provider of cleaning, sanitization and hygiene products.

SI ORGANIZATION INC.: $175 million senior subordinated notes; J.P. Morgan Securities LLC; to help fund $815 million to help fund Veritas Capital's acquisition of Lockheed Martin Corp.'s Enterprise Integration Group; Valley Forge, Pa.-based provider of engineering, integration services, modeling, simulation, analysis and risk mitigation services to the U.S. intelligence community; possible early 2011 business.

ROADSHOWS

Started June 14: CCS CORP. C$675 million equivalent; Goldman Sachs & Co., Deutsche Bank Securities Inc.

Started June 16: CKX ENTERTAINMENT, INC. $360 million; Goldman Sachs & Co., Macquarie Group Ltd.

Started June 17: AMC NETWORKS INC. $700 million; Bank of America Merrill Lynch, J.P. Morgan Securities LLC, Barclays Capital Inc., Citigroup Global Markets Inc., Credit Agricole CIB, Credit Suisse Securities (USA) LLC, Goldman Sachs & Co., Morgan Stanley & Co. Inc., RBS Securities Inc., SunTrust Robinson Humphrey Inc., UBS Investment Bank, US Bancorp.

Starts June 20: MAIN ST. PERSONAL FINANCE, INC. $95 million; Cortview Capital Securities.

June 27-29: WEINERBERGER AG €100 million; Raiffeisen International Bank and UniCredit Bank Austria.

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