High Yield Calendar: $2.85 billion and C$400 million deals being marketed

April 8 Week

PENN VIRGINIA CORP.: $400 million senior notes due 2020 (Caa1/B-); RBC Capital Markets (left books), Wells Fargo Securities LLC (joint books), BofA Merrill Lynch, Scotia Capital, Credit Suisse Securities (USA) LLC (senior co's), BB&T, Barclays, Capital One Southcoast, Comerica Securities, SG CIB (co's); Rule 144A and Regulation S with registration rights; non-callable for four years; three-year 35% equity clawback; 101% poison put; to finance acquisition of certain Eagle Ford properties from Magnum Hunter Resources; Radnor, Pa.-based independent oil and gas company; price talk 8½% area; books close at noon ET Wednesday, pricing after.

NES RENTALS HOLDINGS, INC.: $275 million five-year senior secured second-lien notes (Caa2/CCC+); Deutsche Bank Securities Inc., Wells Fargo Securities LLC; Rule 144A for life; non-callable for two years; to refinance the company's 12¼% second-lien senior secured notes due April 2015; Chicago-based construction equipment rental company; pricing expected by the end of the April 8 week.

NEW COTAI, LLC and NEW COTAI CAPITAL CORP.: $360 million non-rated six-year senior PIK notes and equity interests in New Cotai Participation Corp.; Credit Suisse Securities (USA) LLC (sole); Rule 144A for life; callable in two years at par plus the coupon; three-year 35% equity clawback; to partially fund equity commitments to the Studio City project; Macau gaming company owns 40% of the Macau Studio City project; pricing late April 8 week.

ATHLON HOLDINGS LP and ATHLON FINANCE CORP.: $400 million senior notes due 2021 (expected ratings Caa1/CCC+); BofA Merrill Lynch (sole bill and deliver, joint physical books), Wells Fargo Securities LLC (joint physical books), Credit Agricole CIB, Credit Suisse Securities (USA) LLC, RBC Capital Markets, UBS Securities LLC (joint books), AGS, Barclays, Citigroup Global Markets, Mitsubishi UFJ, Scotia Capital (co's); Rule 144A and Regulation S; callable in three years at par plus 75% of the coupon; 110% call upon a third party change of control until July 15, 2014; to repay a portion of outstanding debt, fund a return of capital to shareholders and for general partnership purposes; Fort Worth, Texas-based independent exploration and production company; pricing late April 8 week.

AFFINIA GROUP INC.: $250 million eight-year senior notes (expected ratings Caa2/B-); J.P. Morgan Securities LLC, BofA Merrill Lynch, Barclays, Deutsche Bank Securities Inc.; Rule 144A and Regulation S with registration rights; callable in three years at par plus 75% of the coupon; to redeem existing notes and preferred shares, partially redeem the seller note and make a distribution to shareholders; Ann Arbor, Mich.-based supplier of aftermarket auto and industrial filters; pricing late April 8 week.

BLUESCOPE STEEL LTD. and BLUESCOPE STEEL FINANCE: $300 million five-year senior notes (expected ratings Ba3/BB); Credit Suisse Securities (USA) LLC; Rule 144A and Regulation S for life; non-callable for 2.5 years; 2.5-year 35% equity clawback; 101% poison put; for general corporate purposes; Melbourne-based manufacturer of steel products; roadshow started April 8; pricing late April 8 week (the company postponed a $300 million offer of six-year senior notes last November).

MEMORIAL PRODUCTION PARTNERS LP: $300 million senior notes due 2021; Wells Fargo Securities LLC (left books), J.P. Morgan Securities LLC, Barclays, BofA Merrill Lynch, Citigroup Global Markets, RBC Capital Markets (joint books), Comerica Securities, Mitsubishi UFJ (USA) Securities, Natixis, US Bancorp (co's); Rule 144A and Regulation S with registration rights; non-callable for four years; to repay revolver debt; Houston-based energy partnership; pricing late April 8 week.

CENTRIC HEALTH CORP.: C$175 million to C$200 million senior secured notes due 2018 (/B-//DBRS B high); National Bank Financial, TD Securities, Scotiabank, AltaCorp Capital Inc., BMO Capital Markets, RBC Dominion Securities Inc. Rule 144A; to fund the partial repayment of current senior lender facilities, partial redemption of Alaris preferred units and general corporate purposes; Toronto-based healthcare company; roadshow April 10-11; pricing expected April 11.

CANADIAN ENERGY SERVICES & TECHNOLOGY CORP.: C$200 million of seven-year senior notes (/B/DBRS: B); Scotia Capital Inc. and RBC Capital Markets; non-callable for four years; proceeds to terminate a $160 million

acquisition facility and to partially pay down senior facility; Calgary, Alta., chemical solutions provider for North American oil and natural gas industry; roadshow April 5-April 10; pricing late week of April 8.

KCA DEUTAG FINANCE PLC: $860 million seven-year senior secured notes (expected ratings B3/B); J.P. Morgan Securities LLC, BofA Merrill Lynch, HSBC, Lloyds TSB, Morgan Stanley & Co. (joint); Rule 144A and Regulation S for life; callable in three years at par plus 75% of the coupon; to repay debt; Aberdeen, Scotland-based oil and gas services company.

April 15 Week

SOFTBANK CORP.: $2 billion seven-year senior notes in dollar-denominated notes via Deutsche Bank Securities Inc., BofA Merrill Lynch, Barclays, Credit Agricole CIB, Mizuho Securities, Morgan Stanley & Co., Nomura (joint) and euro-denominated notes via Deutsche Bank, Barclays, Credit Agricole, Mizuho, Nomura; non-callable; to potentially acquire Sprint Nextel Corp. and for general corporate purposes, as well as to refinance existing debt; Tokyo-based telecommunications company; global roadshow starts April 9.

Split-rated

VERISIGN, INC.: $600 million 10-year senior notes (expected ratings Baa3/BB); J.P. Morgan Securities LLC, BofA Merrill Lynch (joint), US Bancorp, BB&T Securities (co's); Rule 144A and Registration S with registration rights; non-callable for five years; for general corporate purposes, to repay revolver and repurchase shares; Internet infrastructure services provider; roadshow started April 8; pricing late April 8 week.

Expected April business

STERLING RESOURCES (UK) LTD. (STERLING RESOURCES LTD.): Up to $225 million secured bonds; Pareto Securities (sole); to prepay bank debt, fund the continued development of the Breagh field, including development of the eastern portion of the field (Phase 2) and up to $20 million for general corporate purposes; oil and gas company headquartered in Calgary, Alta.

On The Horizon

DELL INC. $3.25 billion secured notes: $2 billion first-lien notes and $1.25 billion second-lien notes; also $7.5 billion credit facility; BofA Merrill Lynch, Barclays, Credit Suisse Securities (USA) LLC, RBC Capital Markets; to help fund the acquisition of the company by Michael Dell and Silver Lake, expected to close at the end of the second quarter of 2013; Round Rock, Texas-based provider of technology and business products and services.

FTS INTERNATIONAL, INC.: $400 million secured notes to repay term loan; company is soliciting consents from holders of its 7 1/8% notes due 2018 to amendments to the indenture governing the notes, BofA Merrill Lynch and Citigroup Global Markets Inc. are the solicitation agents; provider of well completion services for the oil and gas industry with corporate offices in Fort Worth and Cisco, Texas.

GARDNER DENVER INC.: New senior notes backed by a bridge loan; Deutsche Bank Securities Inc., UBS Securities LLC, Barclays, Citigroup Global Markets Inc., RBC Capital Markets, Mizuho Corporate Bank Ltd., KKR Capital Markets; to help fund its purchase by Kohlberg Kravis Roberts & Co. LP, expected to close in the third quarter of 2013; Wayne, Pa.-based manufacturer of industrial compressors, blowers, pumps, loading arms and fuel systems.

GETCO HOLDING CO. LLC: $550 million second-lien notes and $470 million credit facility being led by Jefferies Finance LLC; to fund the merger with Knight Capital Group Inc., expected to close during the second quarter of 2013; Getco is a Chicago-based buyer and seller of securities.

GLOBALIVE WIRELESS MANAGEMENT CORP.: Up to $1 billion equivalent in U.S. dollar- and Canadian dollar-denominated notes; Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC, BMO Capital Markets Corp.; Rule 144A; to fund expansion of its wireless network and for general corporate purposes; Toronto-based wireless communications services provider.

GREENFIELD ETHANOL INC.: C$175 million of five-year senior second-lien notes (/B+//DBRS: B); Scotia Capital Inc. (lead); Macquarie Capital Markets Canada Ltd., Societe Generale (Canada) and TD Securities Inc. (co-managers); non-callable for three years, 101% change-of-control put; equity clawback for up to 35% in first three years; Canada call at 50 bps over Canadian government benchmark; guarantors GreenField Ethanol (Johnstown) Inc.; GreenField Ethanol (Hensall) Inc.; GreenField Hensall LP; GreenField Hensall GP Inc.; Pharmco Products Inc.; Aaper Alcohol and Chemical Co., Aaper Holdings Inc.; GreenField Ethanol of Quebec Inc. and all future restricted subsidiaries of GreenField.; proceeds to repay debt, to terminate existing interest rate swap agreements and for general corporate purposes; Ontario-based GreenField Ethanol is Canada's largest ethanol company.

M&G FINANCE CORP.: $200 million to $300 million senior secured notes due 2019 (expected B3//BB), downsized from $500 million; J.P. Morgan Securities LLC (sole); Rule 144A and Regulation S for life; non-callable (call protection increased from four years); to finance construction of new PET and PTA production facilities, pay back intercompany debt and fund working capital; Houston-based Mossi & Ghisolfi (M&G) produces polyethylene terephthalate (PET) resin for packaging applications.

MIDSTATES PETROLEUM CO., INC.: $620 million bridge loan commitment from Morgan Stanley Senior Funding, Inc. and SunTrust Robinson Humphrey, Inc.; part of the $725 million to $750 million financing backing the acquisition of oil-weighted properties in the Western Anadarko Basin in Oklahoma and Texas, expected to close on or about May 31, 2013; transaction includes $100 million to $125 million equity, with the balance coming in the form of debt (Morgan Stanley and SunTrust will also increase the company's borrowing base under its revolver); Houston-based independent exploration and production company.

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.

NIELSEN HOLDINGS NV: $1.3 billion bridge, most or all to be taken out with high-yield bonds, to fund its acquisition of Arbitron Inc.; J.P. Morgan Securities LLC; Nielsen is a New York and Netherlands-based provider of information and insights into what consumers watch and buy; Arbitron is a Columbia, Md.-based media and marketing research firm.

PETAQUILLA MINERALS LTD.: Possible second-lien notes, size to be determined, as part of an approximately $210 million debt financing that will include between $90 million and $140 million of first-lien bank debt; Global Hunter Securities; to refinance debt and to finance capital expenditures related to the Lomero-Poyatos mine in Spain; Vancouver, B.C.-based copper exploration company; the financing was previously in the market as a single $210 million tranche of five-year senior secured notes, announced in July 2012; possible 2013 business.

PINNACLE ENTERTAINMENT INC.: $315 million senior notes and $2.73 billion credit facility in a financing led by J.P. Morgan Securities LLC and Goldman Sachs Lending Partners LLC; to fund the acquisition of Ameristar Casinos Inc., expected to close in the third quarter of 2013; Pinnacle is a Las Vegas-based casino gaming company.

PVH CORP.: $4.33 billion new debt comprised of senior notes and a credit facility; Barclays, BofA Merrill Lynch, Citigroup Global Markets Inc.; notes are backed by a bridge loan commitment; to fund the cash portion of the acquisition of Warnaco Group Inc., expected to close early in 2013, and refinance debt at both companies and provide liquidity going forward; PVH is a Bridgewater, N.J.-based apparel company.

ROSETTA RESOURCES INC.: $700 million senior notes backed by a bridge loan being provided by JPMorgan Chase Bank, Morgan Stanley Senior Funding Inc. and WF Investment Holdings LLC; to help fund its acquisition of Permian Basin assets from Comstock Resources Inc., expected to close around May 15, 2013; Rosetta Resources is a Houston-based independent exploration and production company.

SILVERLEAF RESORTS, INC.: $175 million senior secured notes due 2019; Deutsche Bank Securities Inc.; non-callable for three years; to pre-fund development of vacation ownership inventory, to refinance a portion of the company's existing debt, to pay a dividend to the sponsor; Dallas-based resort operator.

TDF GROUP (TELEFFUSION DE FRANCE): Euro-denominated high-yield bonds; BNP Paribas expected to be involved; to refinance debt; Paris-based multiple-platform telecommunications company.

Roadshows

Started April 3: PENN VIRGINIA $400 million; RBC, Wells Fargo.

Started April 8: BLUESCOPE STEEL $300 million; Credit Suisse.

Started April 8: VERISIGN $600 million; JPMorgan, BofA Merrill Lynch.

Pricing April 8 week: NES RENTALS $275 million; Deutsche Bank, Wells Fargo.

Pricing late April 8 week: MEMORIAL PRODUCTION PARTNERS $300 million; Wells Fargo, JPMorgan, Barclays, BofA Merrill Lynch, Citigroup, RBC.

Pricing late April 8 week: NEW COTAI $360 million; Credit Suisse.

Pricing late April 8 week: ATHLON $400 million; BofA Merrill Lynch, Wells Fargo, Credit Agricole, Credit Suisse, RBC, UBS.

Pricing late April 8 week: AFFINIA $250 million; JPMorgan, BofA Merrill Lynch, Barclays, Deutsche Bank.

April 5-10: CANADIAN ENERGY SERVICES & TECHNOLOGY C$200 million; Scotia, RBC.

Starts April 9: SOFTBANK $2 billion; Deutsche Bank, BofA Merrill Lynch, Barclays, Credit Agricole, Mizuho, Morgan Stanley.

April 10-11: CENTRIC HEALTH C$175 million; National Bank Financial, TD, Scotiabank, AltaCorp, BMO, RBC.

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