High Yield Calendar: $2.515 billion and €480 million deals being marketed

OCTOBER 25 WEEK

HEXION U.S. FINANCE CORP. and HEXION NOVA SCOTIA FINANCE, ULC.: $440 million proceeds senior notes due 2020 (Caa1/CCC+); J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Credit Suisse Securities, Morgan Stanley & Co. Inc., UBS Investment Bank, Bank of America Merrill Lynch, Deutsche Bank Securities Inc., Goldman Sachs & Co.; Rule 144A/Regulation S with registration rights; non-callable for five years; to refinance debt; Albany, N.Y.-based specialty materials company, providing high-technology materials products to the silicone, quartz and ceramics markets; price talk 9¼% area; pricing Wednesday morning.

MOMENTIVE PERFORMANCE MATERIALS INC. $840 million equivalent proceeds springing second-lien notes due 2020 (Caal/CCC/) in dollar-denominated notes, price talk 9¼% area, and euro-denominated notes, price talk 9 5/8% area: Notes will be unsecured prior to the redemption of the 12½% notes due 2011, callable in December 2011 at 106.25, after which the new notes due 2020 will be secured; J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Credit Suisse Securities, Morgan Stanley & Co. Inc., UBS Investment Bank, Bank of America Merrill Lynch, Deutsche Bank Securities Inc., Goldman Sachs & Co.; Rule 144A/Regulation S; non-callable for five years; to redeem remaining senior secured notes; Albany, N.Y.-based specialty materials company, providing high-technology materials products to the silicone, quartz and ceramics markets; pricing Wednesday morning.

SIEMENS ENTERPRISE COMMUNICATIONS: €200 million first-lien senior secured notes due 2015 (B3/B-); Jefferies & Co. (left lead), UBS Securities, Wells Fargo Securities; Rule 144A and Regulation S for life; non-callable for three years; for general corporate purposes, with a portion of proceeds to refinance debt and retire certain contractual obligations; London-based end-to-end enterprise communications company; roadshow started Oct. 18; pricing mid-Oct. 25 week.

HIDILI INDUSTRY INTERNATIONAL DEVELOPMENT LTD.: $400 million senior unsecured notes due 2015 (B1/BB-); Citigroup, Bank of America Merrill Lynch, UBS Investment Bank, JPMorgan; non-callable; for general corporate purposes, to upgrade existing production capacity in the company's network of mines and facilities in Southwestern China, for existing machinery and infrastructure, repay existing debt; integrated coal company in Panzhihua City, China.

SIMMONS FOODS, INC.: $250 million second-lien senior secured notes due 2017; Wells Fargo Securities, BMO Nesbitt Burns; Rule 144A for life; non-callable for four years; proceeds, together with proceeds from amended and restated senior secured credit facilities, to finance acquisition of Menu Foods Ltd., to repay Menu Foods' senior credit facility and to refinance certain of Menu Foods existing debt; Fayetteville, Ark.-based poultry processor; roadshow starts Oct. 25; pricing late Oct. 25 week.

CARRIZO OIL & GAS, INC.: $325 million senior notes due 2018 (B3/B); Credit Suisse, Wells Fargo Securities, RBC Capital Markets; Rule 144A and Regulation S with registration rights; non-callable for four years; to fund the tender offer for $300 million 4 3/8% convertible senior notes due 2028 and pay down existing senior secured debt; Houston-based oil an gas exploration, development and production company; roadshow Oct. 25 week; pricing late Oct. 25 week.

WII COMPONENTS, INC.: $115 million five-year senior secured notes due 2015 (/B-/); Gleacher & Co. (sole); Rule 144A with registration rights/Regulation S; non-callable for two years; 35% equity clawback; 101% poison put; to fund the tender and consent for the 10% senior notes due in 2012 and for general corporate purposes; St. Cloud, Minn.-based manufacturer of hardwood cabinet doors, hardwood components and engineered wood products; roadshow started Oct. 25; pricing late Oct. 25 week.

R&R ICE CREAM PLC: €280 million senior secured notes due 2017 (B2/BB-); Barclays Capital, Credit Suisse (joint); Rule 144A/Regulation S; non-callable for three years; to refinance debt; Northallerton, England-based ice cream manufacturer; Erope-only roadshow Oct. 25-28.

NOVEMBER 1 WEEK

QUALITY DISTRIBUTION, INC.: $225 million second-priority senior secured notes due 2018; Credit Suisse, Bank of America Merrill Lynch, RBC Capital Markets, Jefferies & Co. (joint); Rule 144A/Regulation S with registration rights; non-callable for four years (10% of issue callable at 103 during non-call period); to redeem all outstanding senior notes and 9% notes, redeem a portion of the PIK notes due 2013, and pay down ABL facility; Tampa, Fla.-based provider of bulk transportation and related services; pricing Nov. 1 week.

LATE OCTOBER OR EARLY NOVEMBER

RURAL/METRO CORP.: $200 million senior notes due 2018 (/B/); RBC Capital Markets Corp. plus others; Rule 144A; proceeds, along with proceeds from new credit facility, to refinance bank debt and fund tender offer for 12¾% senior discount notes due 2016, to pay off cash collateralized letters of credit and for working capital and general corporate purposes; Scottsdale, Ariz.-based provider of emergency and non-emergency medical transportation services, fire protection and other safety-related services.

EXPECTED NOVEMBER BUSINESS

DUNKIN' FINANCE CORP. (DUNKIN BRANDS): $625 million senior notes; J.P. Morgan Securities LLC, Barclays Capital Inc., Bank of America Merrill Lynch, Goldman Sachs & Co.; Rule 144A; proceeds, together with a new approximately $1.35 billion senior credit facility and available cash, to repay the outstanding securitization debt of Dunkin' Brands' securitization subsidiaries in full, and to pay a cash dividend to Dunkin' Brands' stockholders; Canton, Mass.-based owner of Dunkin' Donuts and Baskin-Robbins franchised restaurants; expected November business.

ON THE HORIZON

CABLEVISION SYSTEMS CORP.: New high-yield bonds as part of approximately $1 billion in bank and bond debt financing to fund the $1.365 billion acquisition of Bresnan Communications, expected to close late 2010 or early 2011; Bank of America Merrill Lynch and Citigroup are the lead banks on the debt; Cablevision is a Bethpage, N.Y.-based telecommunications, media and entertainment company.

GRIFOLS SA: $1.1 billion high-yield notes; also $3.4 billion credit facility (Ba3/BB) via Deutsche Bank, Nomura, BBVA, BNP Paribas, HSBC and Morgan Stanley, expected to launch during July 2010; to help fund the company's acquisition of Talecris Biotherapeutics Holdings Corp.; Grifols is a Barcelona, Spain-based health care company and producer of plasma protein therapies. Talecris is a Research Triangle Park, N.C.-based biotherapeutics products company.

GYMBOREE CORP.: $520 million senior notes; also $945 million facility led by Bank of America Merrill Lynch, Credit Suisse and Morgan Stanley; to help fund the acquisition of the company by Bain Capital Partners LLC; San Francisco-based specialty retailer.

HAWKEYE GROWTH LLC (HAWKEYE RENEWABLES): Up to $150 million first-lien notes; PrinceRidge Group; proceeds, along with cash on hand, to refinance debt; Ames, Iowa-based ethanol producer.

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 solutions 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).

MEDASSETS INC.: $360 million notes; J.P. Morgan Securities LLC, Barclays Capital Inc., also $750 million facility; to fund acquisition of Broadlane Group and refinance existing bank debt, transaction expected to close before end of 2010; MedAssets is an Alpharetta, Ga.-based provider of technology enabled products and services for hospitals, health systems and ancillary health care providers.

M/I HOMES, INC.: Senior notes; to fund tender offer for $200 million 6 7/8% senior notes due 2012; Citigroup is dealer-manager for tender, which expires Nov. 10; early tender deadline Oct. 27; Columbus, Ohio-based homebuilder.

PAETEC HOLDING CORP.: $420 million senior secured notes; Deutsche Bank, Bank of America Merrill Lynch; to help fund the acquisition of Cavalier Telephone Corp. from M/C Venture Partners, expected to close in late 2010 or early 2011; Paetec is a Fairport, N.Y.-based provider of business communications.

PRESTIGE BRANDS HOLDINGS PLC: bank and/or bond financing to help fund the $190 million acquisition of Blacksmith Brands Holdings Inc., expected to close in the fourth quarter of 2010; Irvington, N.Y.-based marketer of branded over-the-counter health care products, household cleaning products and personal care products.

RADIO ONE, INC.: $100 million senior notes due 2017 (Caa2/CCC+); to finance the purchase of an increased stake in TV One; also new $400 million credit facility, via Deutsche Bank Securities Inc.; Lanham, Md.-based radio broadcaster targeting African American audiences in urban communities.

THERMADYNE HOLDING CORP.: New senior unsecured notes as part of financing for the acquisition of the company by Irving Place Capital, valued at $422 million, expected to close in December; also new revolver; financing is backed by a bridge loan from Jefferies & Co. and RBC Capital Markets; St. Louis-based manufacturer and marketer of metal cutting and welding products and accessories.

VIKING ACQUISITION/GLOBAL AUTOCARE: $250 million senior secured notes due 2018 (Caa1/CCC+); J.P. Morgan Securities LLC; Rule 144A; to fund the acquisition of the Clorox Co.'s auto care business by Avista Capital Partners; manufacturer, marketer and distributor of automotive aftermarket appearance and performance auto-care products.

ROADSHOWS

Started Oct. 18: SIEMENS ENTERPRISE COMMUNICATIONS €200 million; Jefferies & Co., UBS Securities, Wells Fargo Securities.

Starts Oct. 25: SIMMONS FOODS, INC. $250 million; Wells Fargo Securities, BMO Nesbitt Burns.

Oct. 25-28: R&R ICE CREAM PLC €280 million; Barclays Capital, Credit Suisse.

Started Oct. 25: WII COMPONENTS, INC. $115 million; Gleacher & Co.

Oct. 25 week: CARRIZO OIL & GAS, INC. $325 million; Credit Suisse, Wells Fargo Securities, RBC Capital Markets.

Pricing Nov. 1 week: QUALITY DISTRIBUTION, INC. $225 million; Credit Suisse, Bank of America Merrill Lynch, RBC Capital Markets Corp., Jefferies & Co.

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