High Yield Calendar: $850 million and £550 million being marketed

July 8 Week

QUICKSILVER, INC. and QS WHOLESALE, INC. $500 million in two parts: $250 million senior secured notes due 2018 via Rule 144A for life, non-callable for 2.5 years, also $250 million senior unsecured notes due 2020 via Rule 144A with registration rights, callable in three years at par plus 75% of the coupon; BofA Merrill Lynch (left books), Morgan Stanley & Co., Wells Fargo Securities LLC (joint books), Credit Agricole CIB (co); both tranches 35% equity clawback during the non-call period and 101% poison put; to redeem all of the outstanding 6 7/8% senior notes due April 15, 2015, repay in full and terminate the existing term loan and to pay down a portion of the new asset-based revolver; Huntington Beach, Calif.-based outdoor sports lifestyle company; investor call 12:30 p.m. ET Wednesday; pricing late July 8 week.

VUE ENTERTAINMENT: £550 million equivalent senior secured notes due 2020 in two tranches (single B ratings expected): Sterling-denominated fixed-rate notes and euro-denominated floating-rate notes; tranche sizes to be determined; Goldman Sachs International (books); to fund the LBO of the company by Alberta Investment Management Corp. and Ontario Municipal Employees Retirement System; London-based chain of cinema operators; pricing expected Thursday.

RKI EXPLORATION & PRODUCTION, LLC and RKI FINANCE CORP.: $350 million eight-year senior notes; Citigroup Global Markets Inc., J.P. Morgan Securities LLC, UBS Investment Bank (joint), BBVA, Mitsubishi (senior co's), BOSC, Comerica, Natixis, US Bancorp (co's); Rule 144A and Regulation S for life; callable in three years at par plus 75% of the coupon; three-year 35% equity clawback; 101% poison put; to fully repay second-lien credit facility and pay down revolver; Oklahoma City-based energy company; roadshow started July 8; investor call July 9; pricing late July 8 week or early July 15 week.

Expected July Business

GARDNER DENVER INC.: New senior notes backed by a $675 million 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; expected July business.

On The Horizon

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.

BMC SOFTWARE: $1.68 billion equivalent senior notes, including up to €500 million equivalent notes; also $4.55 billion senior secured credit facility; bridge loan commitments from Credit Suisse, RBC Capital Markets and Barclays; to help fund the acquisition of BMC by Bain Capital, Golden Gate Capital, GIC Special Investments Pte Ltd. and Insight Venture Partners, expected to close during 2013; Houston-based software company.

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.

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.

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.

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.

RUE 21 INC.: $250 million senior notes backed by a bridge loan via J.P. Morgan Securities LLC, BofA Merrill Lynch, Goldman Sachs Bank USA; also $680 million facility; to help fund the purchase of the company by Apax Partners, expected to close by the end of 2013; Warrendale, Pa.-based retailer of girls' and guys' apparel and accessories.

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.

SMITHFIELD FOODS INC.: $1.5 billion senior notes backed by a bridge loan; also a $1.65 billion term loan led by Morgan Stanley Senior Funding Inc.; to help the acquisition of the company by Shuanghui International Holdings Ltd., expected to close in the second half of 2013; Smithfield, Va.-based food company.

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.

TENET HEALTCARE CORP.: $2.8 billion senior notes backed by a bridge loan and $1.8 billion term loan; BofA Merrill Lynch (sole); to help fund the acquisition of Vanguard Health, expected to close before the end of 2013; Tenet is a Dallas-based health care services company; Vanguard is a Nashville, Tenn.-based owner and operator of acute care and specialty hospitals and complementary facilities.

Roadshow

Started July 8: RKI EXPLORATION & PRODUCTION $350 million; Citigroup, JPMorgan, UBS.

Pricing expected late July 8 week: QUICKSILVER, INC. $500 million; BofA Merrill Lynch, Morgan Stanley, Wells Fargo.

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