High Yield Calendar: $1.1 billion, €425 million and £350 million deals being marketed

Oct. 28 Week

GARDA WORLD SECURITY CORP.: $300 million senior notes due 2021 (B3/B-); BofA Merrill Lynch, RBC Capital Markets (joint global coordinators and joint bookrunners), TD Securities, Mizuho Securities (joint bookrunners); Rule 144A for life; callable after three years at par plus 75% of the coupon; to refinance existing credit facility debt and senior unsecured notes due 2017 and fund the acquisition of G4S Cash Solutions for C$110 million; Montreal-based provider of business solutions and security services; investor call at 12:30 p.m. ET; roadshow Monday and Tuesday in Boston and New York; pricing later this week.

TULLOW OIL PLC: $500 million seven-year senior notes (expected B1); JPMorgan, Deutsche Bank (global coordinators), BNP Paribas, BofA Merrill Lynch, Barclays, Credit Agricole, Standard Chartered (joint books); Rule 144A for life; non-callable for three years; to pay down revolver; oil and gas exploration company based in London; roadshow starts Friday in London, U.S. roadshow starts Oct. 28 week.

AA PIK CO. LTD. (AA LTD.): £350 million senior PIK toggle notes due 2019 (unrated); Deutsche Bank (global coordinator, bill and deliver), Royal Bank of Scotland (global coordinator), Barclays, Mizuho Securities (joint books); Rule 144A and Regulation S; non-callable for 1.5 years; to refinance debt of Acromas Mid Co Ltd. and pre-fund the first three interest payments following the issue date; Basingstoke, England-based provider of car insurance, driving lessons, breakdown cover, loans, motoring advice and other services; books close Thursday, pricing thereafter.

NH HOTELES SA: €225 million six-year senior secured notes; JPMorgan, Deutsche Bank AG, Bankia, BBVA, Santander; Rule 144A for life; non-callable for four years; to refinance debt; Madrid, Spain-based hotel chain; roadshow through Oct. 31.

Nov. 4 Week

STAMPOS BV (NUANCE GROUP): €200 million senior secured floating-rate notes due 2019 (expected ratings B2/B+); Credit Suisse (bill and deliver), BNP Paribas, UniCredit, UBS, Banca IMI (joint books), Credit Agricole, ING, Mediobanca; Rule 144A and Regulation S for life; non-callable for one year; to refinance bank debt; Glattbrugg, Switzerland-based travel retailer; roadshow Oct. 29-Nov. 4.

GOLDEN NUGGET ESCROW, INC. to be merged with and into GOLDEN NUGGET, INC.: $300 million eight-year senior notes; Jefferies LLC, Deutsche Bank Securities Inc. (joint); non-callable for four years; to refinance debt and fund the acquisition of the Golden Nugget Lake Charles; owner and operator of gaming facilities and related dining, lodging, and entertainment facilities in Laughlin and Las Vegas, Nevada and Lake Charles, Louisiana; investor call Oct. 30; roadshow starts Oct. 31; pricing Nov. 5 or 6.

Expected October Business

TOWNSQUARE RADIO, LLC and TOWNSQUARE RADIO, INC.: $145 million add-on to 9% senior notes due April 1, 2019; RBC Capital Markets; callable on April 1, 2015; Greenwich, Conn.-based owner and operator of FM and AM radio stations and websites serving small and mid-sized markets throughout the United States; commitments for the syndicated bridge loan due Oct. 4; deal expected to launch in October; original $265 million priced at 99 with to yield 9.197% in March 2012.

On The Horizon

BRAND ENERGY & INFRASTRUCTURE SERVICES INC.: $550 million senior notes; Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., Goldman Sachs Bank USA, UBS Investment Bank help fund its acquisition by Clayton, Dubilier & Rice from First Reserve and merger with an infrastructure business that is being bought from Harsco Corp.; Atlanta-based provider of specialized industrial services to the energy and infrastructure sectors; deal expected to come before the end of the year.

BUENA VISTA GAMING AUTHORITY: $220 million eight-year senior secured notes; Credit Suisse Securities (USA) LLC, BofA Merrill Lynch (joint); Rule 144A and Regulation S for life; callable in four years at par plus 50% of the coupon; annual mandatory redemption offer of 50% of available funds starting at 103; 101% poison put; to fund construction of the Buenavue Casino; Ione, Calif.-based tribal gaming firm.

COMMUNITY HEALTH SYSTEMS INC. $4.58 billion bridged debt: $2.205 billion senior secured and $2.375 billion senior unsecured; BofA Merrill Lynch, Credit Suisse Securities (USA) LLC; to help fund its acquisition of Health Management Associates Inc., expected to close in the first quarter of 2014; Community Health is a Nashville, Tenn.-based hospital company. Health Management is a Naples, Fla.-based owner and manager of hospitals and ambulatory surgery centers.

DARLING INTERNATIONAL INC.: $1.3 billion bridge loan; also $2.55 billion credit facility via J.P. Morgan Securities LLC and Goldman Sachs Bank USA; to help fund the acquisition of Vion Ingredients, expected to close in January 2014; Darling is an Irving, Texas-based provider of rendering, recycling and recovery solutions to the food industry; Vion Ingredients is a Son en Breugel, the Netherlands-based developer and producer of specialty ingredients from animal origin for applications in pharmaceuticals, food, feed, pet food, fertilizer and bio-energy.

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.

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.

IONA ENERGY CO. (UK) LTD. (IONA ENERGY INC.): $250 million to $300 million callable senior secured bonds; Pareto Securities; to refinance credit facility, of which approximately $139 million is drawn, and to partially retire its existing structured energy derivative transaction, also to fund the delivery of its Orlando and Kells projects to first oil, as well as mature and accelerate its other pipeline of development opportunities; Calgary, Alta.-based oil and gas exploration, development and production company focused on oil and gas development in the United Kingdom's North Sea.

JARDEN CORP.: $795 million bonds and bank loans, sizes to be determined; to help fund its acquisition of Yankee Candle Investments LLC from Madison Dearborn Partners LLC for $1.75 billion in cash, expected to close early in the fourth quarter of 2013; Jarden is a Rye, N.Y.-based provider of consumer products; Yankee Candle is a South Deerfield, Mass.-based designer, manufacturer, wholesaler and retailer of scented candles.

JOS. A BANK CLOTHIERS INC.: Possible $1.9 billion senior notes and term loan borrowings; to help fund the acquisition of the the Men's Wearhouse Inc. (Men's Wearhouse rejected a $48 per share bid from JoS. A Bank Clothiers on Oct. 9, 2013); JoS. A. Bank is a Hampstead, Md.-based designer, manufacturer and retailer of men's clothing, sportswear, footwear and accessories.

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.

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.

ORIONSTONE PTY LTD.: $200 million seven-year secured notes (B3/B); non-callable for three years; Rule 144A for life; Morgan Stanley & Co. LLC bookrunner; proceeds to repay debt; Mackay, Australia-based supplier of heavy earthmoving rental equipment to the infrastructure, oil, gas and mining industries; expected September business.

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.

U.S. XPRESS ENTERPRISES, INC.: $250 million senior secured second-lien notes due 2020 (Caa1/B-); Wells Fargo Securities LLC (left books), Morgan Stanley & Co. LLC (joint books), Regions Securities LLC (co); Rule 144A and Regulation S with registration rights; callable in three years at par plus 75% of the coupon; to repay the existing senior secured credit facility, receivable securitization facility and other debt; Chattanooga, Tenn.-based truckload carrier and a diversified provider of truckload, intermodal and logistics services; price talk 9½% to 9¾%.

Roadshows

Starts Oct. 25: TULLOW OIL $500 million; JPMorgan, Deutsche Bank, BNP, BofA Merrill Lynch, Barclays, Credit Agricole, Standard Chartered.

Through Oct. 31: NH HOTELES €225 million; JPMorgan, Deutsche Bank AG, Bankia, BBVA, Santander.

Started Oct. 28: GARDA WORLD SECURITY: $300 million; BofA Merrill Lynch, RBC, TD, Mizuho.

Oct. 29-Nov. 4: NUANCE GROUP: €200 million; Credit Suisse, BNP Paribas, UniCredit, UBS, Banca IMI.

Pricing Oct. 31: AA £350 million; Deutsche Bank, Royal Bank of Scotland, Barclays, Mizuho.

Starts Oct. 31: GOLDEN NUGGET $300 million; Jefferies, Deutsche Bank.

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