High Yield Calendar

Total amount of dollar-denominated high-yield bond offerings being marketed: $4.6 billion

WEEK OF OCT. 13

DRS TECHNOLOGIES, INC.: $200 million senior subordinated notes due 2013 (B2/B); Bear Stearns (books), Wachovia Securities (joint lead), Fleet Securities (co); Rule 144A; to help fund acquisition of Integrated Defense Technologies including repayment of that company's debt; Parsippany, N.J. defense electronics supplier; roadshow begins Oct. 7; price talk 7%-7¼%; pricing mid-day Thursday.

BOISE CASCADE CORP.: $500 million senior unsecured notes in two parts (Ba2/BB+): due 2010, non-callable for life with a T+50 make-whole call, price talk 6 5/8%-6 7/8%, and due 2013, non-callable for five years with a T+50 make-whole call, price talk 37.5-50 basis points behind the seven-year tranche; Goldman Sachs (books), Banc of America Securities, US Bancorp Piper Jaffrey, ABN Amro, Harris Nesbitt, TD Securities, Wells Fargo, ING, Tokyo Mitsubishi, Sumitomo (co's); off-the-shelf; to repay debt under credit facility, help fund acquisition of OfficeMax, Inc. and general corporate purposes; company Boise, Ida. provider of office, building and paper products; roadshow started Oct. 9; pricing expect mid-day Thursday.

http://www.sec.gov/Archives/edgar/data/12978/000104746903033005/a2119739z424b5.htm

NATIONAL NEPHROLOGY ASSOCIATES, INC.: $150 million senior subordinated notes due 2011 (B3/B-); Banc of America Securities (books), JP Morgan, RBC (joint leads), Harris Nesbitt (co); Rule 144A; non-callable for four years; to repay bank debt, and fund payment of first phase of Saint Barnabas assets acquisition; Nashville-based provider of dialysis services; roadshow Oct. 8-16; price talk 9%-9¼%; pricing Thursday.

NATIONSRENT COS. INC.: $225 million senior secured notes due 2010 (B2/BB-); Jefferies & Co., Wachovia Securities (joint); Rule 144A; non-callable for four years; to repay bank debt; Fort Lauderdale, Fla.-based provider of rental equipment; roadshow started Oct. 6; price talk 9½%-9¾%; pricing late Thursday.

MOUNTAIN GODS RESORT & CASINO: $185 million senior notes due 2010 (Caa1/B); Citigroup; Rule 144A with registration rights; non-callable for four years; interest reserve account for first three interest payments; to fund remaining construction and equipment costs of the casino, repay debt, fund interest reserve account; South Central N.M.-based resort and casino owned by the Mescalero Apache tribe; roadshow Oct. 8-16; price talk 11½%-11¾%; pricing Friday.

WEEK OF OCT. 20

PARAMOUNT RESOURCES LTD.: $150 million senior notes due 2010 (B2/B); UBS Investment Bank (books), CIBC World Markets, Harris Nesbitt, Scotia Capital (co's); public; non-callable for four years; equity clawback of 35% for three years; to repay debt under senior secured credit facility and general corporate purposes; Calgary, Alberta natural gas company; roadshow started Oct. 14; pricing expected Oct. 20 week.

GENESIS HEALTHCARE CORP.: $200 million senior subordinated notes due 2013 (B3/B-); Lehman Brothers, Credit Suisse First Boston, UBS Investment Bank (joint books); Goldman Sachs, Wachovia Securities; Jefferies, Legg Mason (co's); Rule 144A; non-callbable for five years; to repay existing debt; Kennett Square, Pa. provider of healthcare services to the elderly; roadshow Oct. 15-23.

KEYSTONE AUTOMOTIVE OPERATIONS, INC.: $150 million senior subordinated notes due 2013 (B3/B-); Banc of America Securities, UBS Investment Bank (joint); Rule 144A with registration rights; non-callable for five years; also $165 million senior credit facility; to help finance LBO of Keystone by Bain Capital; distributor of specialty automotive equipment; roadshow Oct. 14-23; pricing Oct. 23.

WEEK OF OCT. 27

ONDEO NALCO CO.: $1.8 billion equivalent in four tranches, sizes to be determined: dollar and euro senior notes due 2011 (B2 expected/B confirmed), non-callable for four years; dollar and euro senior subordinated notes due 2013 (expected ratings B3/B-), non-callable for five years; Citigroup, Banc of America Securities, Deutsche Bank Securities, Goldman Sachs, JP Morgan, UBS Investment Bank (joint); Rule 144A; to help fund acquisition of Nalco by Blackstone, Apollo and Goldman Sachs Partners from Suez SA; Naperville, Ill. chemical and water treatment company; European roadshow started Oct. 15, U.S. starts Oct. 20; pricing expected Oct. 29.

OXFORD AUTOMOTIVE, INC.: $240 million senior secured notes due 2010; Jefferies & Co.; Rule 144A; non-callable for four years; to repay existing debt and fund working capital; Troy, Mich. supplier of specialized welded metal assemblies and related services; roadshow starts Oct. 20; pricing expected Oct. 30 or 31.

OCTOBER BUSINESS

METALDYNE CORP. $100 million senior notes due 2013; Credit Suisse First Boston, Deutsche Bank Securities, JP Morgan; Rule 144A/Regulation S; proceeds, along with cash on hand, to repay $98.5 million balance of 4½% subordinated debentures due 2003; Plymouth, Mich.-based supplier of components and assemblies for transportation-related powertrain and chassis applications; roadshow starts Oct. 16.

ON THE HORIZON

JENOPTIK AG (company ratings -/BB-/BB): €100 million long-term debt; to strengthen capital base, reduce short-term debt and finance growth; Jena, Germany technology company.

QUALITY DISTRIBUTION, LLC: $125 million unsecured notes (B-); part of financing that also includes $115 million IPO of common stock via Credit Suisse First Boston, Bear Stearns, Deutsche Bank Securities and $215 million credit facility; to repay existing credit facility, redeem 12½% senior subordinated secured notes, 10% senior subordinated notes and 12% junior PIK notes; Tampa, Fla. transportation company.

RESOURCE AMERICA, INC.: $30 million of 12% 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/83402/000095011603002731/s-3a.txt

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.

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

PINNACLE FOODS CORP.: high yield bonds; Deutsche Bank Securities, JP Morgan; also senior secured credit facility; to fund $485 million acquisition by JPMorgan Partners and C. Dean Metropoulos, from Hicks, Muse, Tate & Furst Inc.; expected to launch after Labor Day

MB TECH, INC.: high-yield non-convertible bond; to acquire the U.S. and German operating subsidiaries of Willtek, Inc. (Korea); Los Angeles-based manufacturer and distributor of satellite components.

EMERGING MARKETS CORPORATE OFFERINGS

BAVARIA SA: $400 million senior unsecured notes due 2010 (Ba3/BB/BB); Citigroup (books), ABN Amro; Rule 144A; non-callable for four years; to refinance acquisition debt; Columbian brewer; to be marketed in U.S. and Europe; price talk 9% area; pricing expected Thursday.

GAZINVEST LUXEMBOURG S.A. (Gazprombank): $300 million notes due 2008 (Ba2); JP Morgan; Regulation S; expected to price on Friday.

SBERBANK: $500 million to $1 billion floating rate loan participation notes due 2006 (Baa3/BB+); UBS Investment Bank; to finance a loan to the Savings Banks of the Russian Federation; price talk Libor plus 175-195 basis points; expected to price during Oct. 13 week.

EMERGING MARKETS OFFERINGS ON THE HORIZON

KOREA EXCHANGE BANK CREDIT SERVICE CO. LTD. $100-$150 million of subordinated fixed-rate notes due 2013 (B3/CCC+) with warrants; Credit Suisse First Boston; non-callable for five years; Rule 144A/Regulation S.

PT BANK MANDIRI: up to $400 million of new debt securities; expected first quarter of 2004.

ICICI BANK LTD.: $300 million unsecured unsubordinated fixed rate eurobonds due 2008 (Baa3/BB); Mumbai, India financial institution.

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

ROADSHOWS

Oct. 14-23: KEYSTONE AUTOMOTIVE OPERATIONS, INC. $150 million; Banc of America Securities, UBS Investment Bank; Rule 144A; 10NC5

Started Oct. 15 in Europe: NALCO CO. $1.8 billion equivalent; Citigroup, Banc of America Securities, Deutsche Bank Securities, Goldman Sachs, JP Morgan, UBS Investment Bank; Rule 144A; 8NC4 and 10NC5

Oct. 15-23: GENESIS HEALTHCARE CORP .$200 million; Lehman Brothers, Credit Suisse First Boston; Rule 144A; 10NC5

Starts Oct. 16: METALDYNE CORP. $100 million; Credit Suisse First Boston, Deutsche Bank Securities, JP Morgan; Rule 144A/Regulation S; 10-year maturity.

Starts Oct. 20: OXFORD AUTOMOTIVE, INC. $240 million; Jefferies & Co.; Rule 144A; 7NC4

RECENT SHELF FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION:

PEP BOYS-MANNY, MOE & JACK: $300 million shelf filed Oct. 10 for common stock, debt securities, warrants, stock purchase contracts and stock purchase units; securities may be issued as convertibles; Philadelphia auto parts store operator will use proceeds for repayment of indebtedness, capital expenditures, working capital and other general corporate purposes.

http://www.sec.gov/Archives/edgar/data/77449/000104746903033131/a2120044zs-3.htm

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