Bank Loan Calendar: $5.5835 billion deals being marketed

January Bank Meetings

DIGITAL RIVER INC.: Bank meeting expected mid-January; $345 million senior secured credit facility; Macquarie; $10 million revolver; $255 million first-lien term loan; $80 million second-lien term loan that was pre-sold; help fund buyout by Siris Capital Group LLC; Minneapolis-based provider of commerce as a service.

Upcoming Closings

ACCUVANT: $425 million of term loans; Goldman Sachs and Societe Generale; $300 million seven-year first-lien covenant-light term loan (B1/B) at Libor plus 525 bps, 1% Libor floor, OID 98, 101 soft call; $125 million eight-year second-lien covenant-light term loan (Caa1/CCC+) at Libor plus 900 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund merger with FishNet Security; provider of information security services.

CAPELLA HEALTHCARE INC.: $100 million seven-year first-lien covenant-light term loan (Ba2/BB-) at Libor plus 425 bps, 1% Libor floor, OID 99, 101 soft call for six months; Credit Suisse and Citigroup; fund the acquisition of Carolina Pines Regional Medical Center and its related outpatient services from Community Health Systems Inc.; Franklin, Tenn., developer and operator of health care facilities.

CARAUSTAR INDUSTRIES INC.: $495 million of new bank debt; Credit Suisse and Jefferies; $100 million ABL revolver; $395 million first-lien covenant-light term C (B+) due May 1, 2019 at Libor plus 675 bps, 1.25% Libor floor, OID 98, soft call 102, 101; help fund acquisition of the Newark Group Inc.; Austell, Ga., manufacturer of recycled paperboard and converted paperboard products.

CHIEF POWER FINANCE LLC: Expected close Dec. 31; $391 million senior secured credit facility (Ba3/BB); Morgan Stanley and Barclays; $40 million five-year revolver; $351 million six-year term B at Libor plus 475 bps, 1% Libor floor, OID 99, 101 soft call; fund Arclight Capital’s acquisition of Exelon Corp.’s interests in two fossil fuel power plants.

DEALOGIC: $335 million term loan (B1) at Libor plus 375 bps, 1% Libor floor, OID 99½, 101 soft call; JPMorgan, Barclays and Deutsche Bank; help fund buyout by Carlyle Group from company management and founders; New York and London-based provider of data and analytics, market intelligence and capital markets software services for financial institutions.

GENERAL COMMUNICATION INC.: $275 million seven-year covenant-light term B (Ba2/BB+) at Libor plus 375 bps, 1% Libor floor, OID 99, 101 soft call for six months; SunTrust, Bank of America and Credit Agricole; help fund the acquisition of Alaska Communications’ wireless subscriber base and its 33% interest in its partnership in the Alaska Wireless Network LLC; Anchorage-based telecommunications provider.

IMPAX LABORATORIES INC.: $485 million senior secured credit facility (B1/BBB-); Barclays, RBC and Wells Fargo; $50 million five-year revolver; $435 million six-year term loan at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call; help fund the acquisitions of Tower Holdings Inc. and Lineage Therapeutics Inc.; Hayward, Calif., technology-based specialty pharmaceutical company.

LIBERTY CABLEVISION OF PUERTO RICO LLC: $257.5 million of tack-on term loans; Credit Suisse and Scotia Bank; $225 million tack-on first-lien term loan due Jan. 7, 2022 at Libor plus 350 bps, 1% Libor floor, OID 97, 101 soft call for six months; $32.5 million tack-on second-lien term loan due July 7, 2023 at Libor plus 675 bps, 1% Libor floor, hard call 102 through July 2015, 101; fund acquisition of Choice Cable TV; cable TV service provider in Puerto Rico.

NEW MEDIA INVESTMENT GROUP INC.: $170 million incremental term loan (B2/B+) due June 2020 talked at Libor plus 550 bps to 575 bps, 1% Libor floor, OID 99, 101 soft call for six months; Citizens Financial; help fund acquisition of Halifax Media Group; New York-based publisher of locally based print and online media.

OASIS OUTSOURCING: $270 million credit facility; RBC and SunTrust; $50 million five-year revolver (B1/B); $160 million seven-year first-lien term loan (B1/B) at Libor plus 475 bps, 1% Libor floor, OID 99, 101 soft call; $60 million eight-year second-lien term loan (Caa1/CCC+) at Libor plus 875 bps, 1% Libor floor, OID 98½, call protection 102, 101; help fund buyout by Stone Point Capital and management from Nautic Partners and Altaris Capital Partners; provider of outsourced human resource services.

PROSERV GROUP INC.: $540 million credit facility; Goldman Sachs (left on first-lien), UBS (left on second-lien), HSBC and BNP Paribas; $60 million revolver (B2/B); $365 million first-lien term loan (B2/B) talked at Libor plus 500 bps to 525 bps, 1% Libor floor, OID 98, 101 soft call for six months; $115 million second-lien term loan (Caa2/CCC+) talked at Libor plus 900 bps to 925 bps, 1% Libor floor, OID 96, non-call one, 102, 101; help fund buyout by Riverstone Holdings LLC from Intervale Capital, Weatherford International and certain minority shareholders; Aberdeen, Scotland, energy services company.

TASC INC.: Expected closing in February; $645 million of incremental debt; Barclays (left on first-lien) and Jefferies (left on second-lien); $60 million incremental revolver (Ba3/B+) due May 23, 2019; $435 million incremental first-lien term loan (Ba3/B+) due May 23, 2020 talked at Libor plus 575 bps, 1% Libor floor, OID 97, non-callable until May 23, 2015, then 101 hard call for one year; $150 million incremental second-lien term loan (Caa1/CCC+) due May 23, 2021 talked at a fixed-rate of 12%, OID 98, non-callable until May 23, 2015, then hard call of 105, 102.5; refinance debt and fund a cash dividend with acquisition by Engility Holdings Inc.; Chantilly, Va., pure-play government services contractor.

VINE OIL & GAS LP: $850 million of term loans; Morgan Stanley, HSBC, Credit Suisse, Societe Generale and Natixis; $500 million seven-year first-priority term B (B3/B) talked at Libor plus 675 bps to 700 bps, 1% Libor floor, OID 98, call protection 102, 101; $350 million 7½-year second-priority term C (Caa2/CCC+) talked at Libor plus 875 bps to 900 bps, 1% Libor floor, OID 90, call protection 103, 102, 101; help fund the acquisition of the Haynesville assets of SWEPI LP and Shell Gulf of Mexico Inc., affiliates of Royal Dutch Shell plc; exploration and production company.

On The Horizon

ACADIA HEALTHCARE CO. INC.: Up to $580 million senior secured term B; Bank of America and Jefferies; help fund acquisition of CRC Health Group Inc.; Franklin, Tenn.-based provider of inpatient behavioral health care services.

ADVISORY BOARD CO.: $775 million senior secured credit facility; JPMorgan and Bank of America; $50 million five-year revolver expected at Libor plus 350 bps; $725 million seven-year covenant-light term loan expected at Libor plus 400 bps, 101 soft call; help fund acquisition of Royall & Co. and refinance a revolver; Washington, D.C.-based technology, research and services provider.

CAMBRIAN COAL CORP.: New debt financing; help fund acquisition of TECO Coal from TECO Energy Inc.; coal company.

DOLLAR TREE INC.: $6.65 billion credit facility; JPMorgan, Wells Fargo, Bank of America, RBC, U.S. Bank, PNC, TD Bank, Capital One, Regions Bank, Citizens Bank, The Bank of Tokyo-Mitsubishi UFJ, SunTrust, Sumitomo Mitsui, HSBC, Fifth Third and The Huntington National Bank; $1.25 billion revolver; $5.4 billion term loan; help fund acquisition of Family Dollar Stores Inc.; Chesapeake, Va., discount store operator.

DYNACAST INTERNATIONAL: New debt financing; JPMorgan, Barclays and Macquarie Capital; help fund buyout by Partners Group; Charlotte, N.C., manufacturer of small, highly complex metal components.

ENDO INTERNATIONAL: $500 million incremental term B; Citigroup; help fund acquisition of Auxilium Pharmaceuticals Inc.; Dublin-based specialty health care company.

ENVIVA PARTNERS LP: $215 million five-year senior secured credit facility; $40 million revolver expected at Libor plus 375 bps; $175 million term loan expected at Libor plus 375 bps; refinance existing debt and make a distribution to the sponsor in connection with initial public offering of common units; Bethesda, Md., supplier of utility-grade wood pellets to power generators.

GFI HOLDCO INC.: $320 million of term loans; Jefferies; $225 million five-year senior secured term loan expected at Libor plus 850 bps, stepping down by 200 bps after second-lien repayment, 1% Libor floor, call protection 103, 102, 101; up to $95 million six-year second-lien term loan expected at Libor plus 1,250 bps, stepping up to Libor plus 1,500 bps after one year, 1% Libor floor, 101 call protection for one year; fund acquisition of GFI Group’s wholesale brokerage and clearing businesses; New York-based provider of trading technologies and support services.

GREATLAND CONNECTIONS INC.: New term loans and revolver; help fund acquisition of about 2.5 million customers from Comcast/Time Warner Cable; newly formed cable company.

IPC SYSTEMS INC.: New debt financing; Barclays and Credit Suisse; help fund buyout by Centerbridge Partners LP from Silver Lake Partners; Jersey City, N.J., provider of mission-critical network services and trading communication technology to the financial markets community.

KREMERS URBAN PHARMACEUTICALS INC.: New debt financing; Credit Suisse, Morgan Stanley, Goldman Sachs and Jefferies; help fund buyout by Advent International and Avista Capital Partners from UCB SA; Princeton, N.J., specialty generic pharmaceuticals company.

LIONBRIDGE TECHNOLOGIES INC.: $135 million five-year credit facility; HSBC; $100 million revolver expected at Libor plus 125 bps to 200 bps based on leverage; $35 million term loan expected at Libor plus 125 bps to 200 bps based on leverage; help fund acquisition of CLS Communication; Waltham, Mass., provider of translation, online marketing, global content management and application testing services.

PASHA GROUP: New debt financing; fund acquisition of Horizon Lines Inc.’s Hawaii trade lane business; San Rafael, Calif., logistics and transportation company.

PETSMART INC.: $5.05 billion credit facility; Citigroup, Nomura, Jefferies, Barclays and Deutsche Bank; $750 million senior secured ABL facility; $4.3 billion of term loans; help fund buyout by a consortium led by BC Partners Inc.; Phoenix, Ariz., specialty pet retailer.

PLATFORM SPECIALTY PRODUCTS CORP.: $1.1 billion incremental first-lien term loan; Barclays, Credit Suisse, Nomura and UBS; help fund acquisition of Arysta LifeScience Ltd.; Miami-based specialty chemicals company.

PRESIDIO HOLDINGS INC.: New debt financing; Barclays, Credit Suisse, Citigroup, RBC and Goldman Sachs; help fund buyout by Apollo Global Management LLC from American Securities LLC; New York-based IT infrastructure services provider.

PRIMARY ENERGY RECYCLING CORP.: $215 million senior credit facility; Investec USA; help fund buyout by Fortistar LLC; Oak Brook, Ill., clean energy company that generates revenue from capturing and recycling recoverable heat and byproduct fuels from industrial processes.

RIVERBED TECHNOLOGY: New debt financing; Credit Suisse, Citigroup and Barclays; help fund buyout by Thoma Bravo LLC and Teachers’ Private Capital; San Francisco-based technology company that specializes in improving the performance of networks and networked applications.

TTM TECHNOLOGIES INC.: $1.265 billion senior secured credit facility; JPMorgan and Barclays; $150 million five-year asset-based revolver expected at Libor plus 175 bps, 37.5 bps unused fee; $1.115 billion seven-year covenant-light term B expected at Libor plus 350 bps, 1% Libor floor, 101 soft call for six months; help fund acquisition of Viasystems Group Inc., refinance some debt and general corporate purposes; Costa Mesa, Calif., printed circuit board manufacturer.

WARRANTY GROUP INC.: $647 million credit facility; JPMorgan, UBS, Goldman Sachs, Morgan Stanley, Bank of Tokyo- Mitsubishi and Citigroup; $30 million revolver at Libor plus 200 bps; $330 million term A at Libor plus 200 bps; $287 million term B; help fund buyout by TPG from Onex Corp.; Chicago-based provider of warranty services and related programs.

WESTMORELAND RESOURCES GP LLC (OXFORD RESOURCE PARTNERS LP): $295 million four-year senior secured first-lien term loan (including $120 million delayed-draw); refinance debt in connection with merger of Oxford and Westmoreland Coal Co.; coal company.

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