High Yield Calendar

Total amount of dollar-denominated high-yield bond offerings being marketed: $4.93 billion

WEEK OF AUGUST 4

ARDENT HEALTH SERVICES, LLC: $200 million (increased from $150 million) senior subordinated notes due 2013 (B3/B-); Banc of America Securities, UBS Investment Bank (joint), Banc One Capital Markets, Merrill Lynch (co's); Rule 144A; non-callable for five years; to repay existing debt; healthcare services provider based in Nashville, Tenn.; roadshow started July 30; price talk 9 ¾%-10%; pricing Thursday morning.

AMSTED INDUSTRIES INC.: $275 million senior notes due 2011 (B3/B); Citigroup, Banc of America Securities; Rule 144A for life; non-callable for four years; to repay bank debt, for working capital and for general corporate purposes; Chicago-based manufacturer of components for the rail, vehicular, construction and industrial markets; price talk 9½% area; pricing Thursday.

NORCROSS SAFETY PRODUCTS LLC: $150 million senior subordinated notes due 2011 (B3/B-); CIBC World Markets, Lehman Brothers (joint), Fleet Securities (co); Rule 144A; non-callable for four years; to refinance existing debt; Oak Brook, Ill.-based supplier of personal protection equipment; price talk 10% area; pricing late Thursday.

PANAVISION INC.: $250 million (from $275 million) senior secured first lien notes due 2008, non-callable for three years (B3/B-) in two tranches: $175-$200 million fixed rate notes, price talk 11¼%-11½%; $50-$75 million floating rate notes, price talk Libor plus 800 basis points area; Credit Suisse First Boston, Bear Stearns (joint); Rule 144A; to repay debt; Woodland Hills, Calif. company; expected to price Thursday afternoon.

TEMPUR PEDIC INC: $150 million senior subordinated notes due 2010 (B3/B-); Lehman Brothers, UBS Investment Bank (joint), Credit Suisse First Boston (co); to repay bank and mezzanine debt and fund special dividend to shareholders; Lexington, Ky.-based mattress company; price talk 10%-10¼%; pricing Thursday.

SONIC AUTOMOTIVE, INC.: $200 million senior subordinated notes due 2013 (B2/B+); Banc of America Securities, JP Morgan, Merrill Lynch (joint), Deutsche Bank Securities (co); Rule 144A/Regulation S; non-callable for five years; to redeem 11% senior subordinated notes due 2008, repay part of revolver and for general corporate purposes including future acquisitions; Charlotte, N.C.-based auto retailer; price talk 8 5/8% area; pricing Thursday.

CALPINE CONSTRUCTION FINANCE CO., L.P.: $450 million second priority secured floating-rate notes due 2011; Goldman Sachs; Rule 144A; also $300 million credit facility; to refinance a portion of existing debt maturing in November 2003; price talk Libor plus 800-850 basis points; pricing Thursday.

HAIGHTS CROSS COMMUNICATIONS: $340 million: HAIGHTS CROSS OPERATING: $260 million senior notes due 2011 (Caa1/B-) and HAIGHTS CROSS COMMUNICATIONS HOLDINGS: $80 million of senior discount notes due 2013 (Caa2/B-), five-year zero coupon; Bear Stearns; Rule 144A; to repay debt and redeem $105 million of preferred shares; White Plains, N.Y. publisher of educational and professional material; roadshow started July 23; pricing early in the week of Aug. 4.

GROUP 1 AUTOMOTIVE INC.: $150 million senior subordinated notes due 2013 (B1/B+); Goldman Sachs; Rule 144A; T+50 make-whole call for first five years, then at premium; general corporate purposes, including the retirement of the 10 7/8% senior subordinated notes due 2009, and potential acquisitions; Houston-based auto retailer, and provider of financing and repair services; roadshow started Aug 1; pricing Aug. 8.

GRISTEDE'S FOODS, INC.: $150 million units made up of senior secured notes due 2010 with warrants for common stock (B3/B); Jefferies & Co.; Rule 144A; to fund acquisition of Kings Super Markets, to repay debt and for general corporate purposes; New York City-area supermarket chain.

WEEK OF AUGUST 11

MONITRONICS INTERNATIONAL INC.: $200 million senior subordinated notes due 2010 (B3/B-); Banc of America Securities (bookrunner); Fleet Securities (co); Rule 144A; non-callable for four years; also $325 million credit facility; to repay bank debt; Dallas provider of monitored security alarm systems; roadshow started Aug. 1; pricing early in Aug. 11 week.

WILLIAMS SCOTSMAN INC.: $150 million senior secured second lien notes due 2008 (B2); Deutsche Bank Securities, Banc of America Securities, CIBC World Markets (joint), Fleet Securities (co); Rule 144A; non-callable for three years; to repay bank debt; mobile office and storage space company based in Baltimore; roadshow Aug. 6-12.

CHARTER COMMUNICATIONS, INC.: $1.7 billion senior notes due 2013 (CCC-); non-callable for five years; three-year equity clawback for 35%: CHARTER COMMUNICATIONS CAPITAL CORP. I LLC: $850 million/CHARTER COMMUNICATIONS CAPITAL CORP. II LLC: $850 million; Citigroup, Banc of America Securities, JP Morgan (joint); Rule 144A; to fund tender and repay debt; St. Louis-based cable operator; roadshow Aug. 5-13.

MARACAY HOMES ARIZONA I, LLC: $25 million senior subordinated notes due 2010 (non-rated); Friedman Billings Ramsey; Regulation D; non-callable for three years; equity clawback for three years at 35%; to repay debt; homebuilder; roadshow started Aug. 4; expected to price mid-to-late Aug. 11 week.

SHERIDAN GROUP INC.: $100 million senior secured notes due 2011 (B1/B); Jefferies & Co.; non-callable for four years; to help fund LBO by Bruckmann, Rosser, Sherrill & Co. and Jefferies Capital Partners and for working capital; Hunt Valley, Md. publishing company; roadshow Aug. 6-15.

OXFORD AUTOMOTIVE INC.: $240 million senior secured second lien notes due 2011; Lehman Brothers, Credit Suisse First Boston (joint), Comerica; Rule 144A; make-whole call for the first four years, then callable at a premium; to repay debt and for general corporate purposes; Troy, Mich.-based metal-formed assemblies supplier for automotive industry; roadshow starts Aug. 7; pricing late Aug. 11 week.

PGN EURO FINANCE 2003 LTD.: $200 million notes due 2013 (B-); Credit Suisse First Boston; (sub of PT Perusahaan Gas Negara); to fund gas pipeline project; price guidance 7¾% area; pricing expected week of Aug. 11.

ON THE HORIZON

PHARMA SERVICES: $450 million senior subordinated notes (B3); Citigroup; also $425 million credit facility; to fund the LBO of Quintiles; Durham, N.C. provider of product development and commercial development solutions to pharmaceutical, biotechnology and medical device industries.

RESOURCE AMERICA, INC.: $30 million of senior notes due 2008; Bear Stearns and Friedman Billings Ramsey (joint); registered; callable on Aug. 1, 2006 at 106; concurrently company will offer up to $65.336 million of new notes in exchange for all outstanding 12% senior notes due 2004; Philadelphia-based oil and natural gas company.

http://www.sec.gov/archives/edgar/data/83402/000095011603001564/s3.txt

MEDCO HEALTH SOLUTIONS, INC.: $500 million senior notes due 2013 (Ba1/BBB); Goldman Sachs, JP Morgan, Citigroup; also $1.15 billion senior secured credit facility; public; callable; 35% equity clawback for three years; to help pay cash dividend to Merck.

LOEWS CINEPLEX THEATRES: senior subordinated notes; Rule 144A; coming with senior credit facility and IPO; IPO via Goldman Sachs, Citigroup, Credit Suisse First Boston and Merrill Lynch; to repay debt and for general corporate purposes; motion picture exhibitor headquartered in New York City.

SEMINIS INC.: $175 million (minimum) high-yield bonds; also new credit facility led by Citigroup and Bank of Montreal; part of merger agreement with Savia, SA de CV

SEAT PAGINE GIALLE: €1.2 billion bonds; to help fund €6 billion LBO by BC Partners, CVC, Investitori Associati and Permira

SATELLITES MEXICANOS SA DE CV: $80 million floating-rate notes.

ROADSHOWS

Started July 17: GRISTEDE'S FOODS, INC. $150 million approximate (notes and warrants); Jefferies & Co.; 7-year maturity

Early July 21 week: HAIGHTS CROSS COMMUNICATIONS $340 million; Bear Stearns; Rule 144A; 8 and 10-year maturities

Started July 30: ARDENT HEALTH SERVICES, LLC $150 million; Banc of America Securities, UBS Investment Bank; Rule 144A; 10NC5

Expected to price Aug. 4 week: SONIC AUTOMOTIVE, INC. $200 million; Banc of America Securities, JP Morgan, Merrill Lynch; Rule 144A/Regulation S; 10NC5

Started Aug. 1: GROUP 1 AUTOMOTIVE INC. $150 million; Goldman Sachs; Rule 144A; 10NC5

Started Aug. 1: MONITRONICS INTERNATIONAL INC. $200 million; Banc of America Securities; Rule 144A; 7NC4

Started Aug. 4: MARACAY HOMES ARIZONA I, LLC $25 million; Friedman Billings Ramsey; Regulation D; 7NC3

Aug. 5-13: CHARTER COMMUNICATIONS, INC.: $1.7 billion; Citigroup, Banc of America Securities, JP Morgan; Rule 144A; 10NC5

Started Aug. 6: SHERIDAN GROUP INC. $100 million; Jefferies & Co.; 8NC4

Aug. 6-12: WILLIAMS SCOTSMAN INC. $150 million; Deutsche Bank Securities, Banc of America Securities, CIBC World Markets; Rule 144A; 5NC3

Starts Aug. 7: OXFORD AUTOMOTIVE INC. $240 million; Lehman Brothers, Credit Suisse First Boston; Rule 144A; 8NC4

RECENT SHELF FILINGS WITH THE SEC:

DENBURY RESOURCES INC. (Symbol: DNR): $150 million shelf filed Aug. 5 for debt securities, common stock, preferred stock, depositary shares and warrants; securities may be issued as convertibles; includes $97 million previously registered but unsold; also $200 million of stock to be sold by selling shareholders; Plano, Tex. oil and gas company will use proceeds to repay bank debt and for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/945764/000089907803000424/denburys3703.txt

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