High Yield Calendar: $2.24 billion and €620 million being marketed

March 24 Week

SUNGARD AVAILABILITY SERVICES CAPITAL INC.: $400 million to $450 million senior notes due 2022 (expected ratings Caa1/B-); Deutsche Bank Securities Inc., Citigroup Global Markets Inc., BofA Merrill Lynch; Rule 144A for life; non-callable for five years; proceeds go to the existing noteholders (no proceeds to the company); Wayne, Pa.-based information technology infrastructure company; price talk 8½% to 8¾% (also covenant changes); books close 5 p.m. ET Tuesday; pricing Wednesday.

FINANCIERE GAILLON 8 SA (KAUFMAN & BROAD): €370 million senior notes due 2019; Goldman Sachs International (bill and deliver, joint global coordinator, physical bookrunner), Credit Suisse, Credit Agricole CIB (joint global coordinators and physical bookrunners), Natixis (bookrunner), Banco Sabadell (manager); Rule 144A and Regulation S; non-callable for two years; to repay debt, to repurchase preferred shares and for general corporate purposes; Neuilly-sur-Seine, France-based real estate developer; price talk 7% to 7¼%; pricing Wednesday.

JEFFERIES FINANCE LLC and JEFFERIES CO-ISSUER CORP.: $350 million eight-year senior notes; Jefferies LLC (sole); Rule 144A only; callable after three years at par plus 75% of the coupon; for general corporate purposes; New York City-based commercial finance company; global investor call 11:30 a.m. ET Tuesday; pricing Wednesday.

WILLIAM LYON HOMES, INC.: $150 million senior notes due 2019; Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc., J.P. Morgan Securities LLC (joint); Rule 144A and Regulation S with registration rights; callable after two years at par plus 75% of the coupon; two-year 35% equity clawback; 101% poison put; to fund the acquisition of a portfolio of California residential land assets; Newport Beach, Calif.-based homebuilder; pricing Wednesday.

GUITAR CENTER INC. $940 million notes in two tranches: $615 million senior secured notes due 2019, non-callable for two years, and $325 million senior unsecured notes due 2020, non-callable for three years; BofA Merrill Lynch, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, RBC Capital Markets (joint); Rule 144A and Regulation S; to repay the term loan in full and redeem a portion of the 11½% senior notes due 2017; Westlake Village, Calif., retailer of music products; roadshow started March 25.

ALDESA FINANCIAL SERVICES SA: €250 million senior notes due 2021 (mid-single B ratings expected); JPMorgan (bill and deliver, joint global coordinator), Santander (joint global coordinator), Banco Sabadell, Bankia, CaixaBank (bookrunners), BBVA (co-lead manager); Rule 144A and Regulation S for life; non-callable for three years; to refinance debt and for general corporate purposes; Madrid-based specialized infrastructure construction group; roadshow March 24-27, pricing thereafter.

JONES ENERGY HOLDINGS, LLC: $300 million eight-year senior notes (low single B ratings expected); Citigroup Global Markets Inc., Wells Fargo Securities LLC, Barclays, Capital One, Credit Agricole CIB, J.P. Morgan Securities LLC, SunTrust Robinson Humphrey Inc., TD Securities, Mitsubishi UFJ Securities (joint), Jefferies LLC, Morgan Stanley & Co. LLC, Tudor Pickering Holt (senior co's), Comerica Securities, Stifel Nicolaus & Co. Inc. (co's); Rule 144A and Regulation S with registration rights; non-callable for three years; three-year 35% equity clawback at par plus the coupon; 101% poison put; to repay the second-lien facility in full and pay down the revolver; an independent oil and gas company based in Austin, Texas; roadshow March 24-28; pricing expected March 28.

DURR AG: mandated Deutsche Bank and HSBC to organize meetings ahead of an expected euro-denominated bond offering; roadshow starts Monday, with expected stops in Frankfurt, London and Paris; supplier of products, systems and services, mainly for automobile manufacturing, based in Stuttgart, Germany.

March 31 Week

LONESTAR RESOURCES AMERICA, INC.: $200 million five-year senior notes (Caa2); Jefferies LLC (books), GMP (co); Rule 144A and Regulation S for life; callable in two years at par plus 75% of coupon; to refinance debt; Fort Worth-based independent oil and natural gas production and development company; roadshow starts March 25; group lunch March 26; pricing middle of March 31 week.

On The Horizon

ACTUANT ELECTRICAL: $60 million senior subordinated notes; also $150 million credit facility led by RBC Capital Markets and NXT Capital; to help fund the buyout of the company by Sentinel Capital Partners from Actuant Corp.; Actuant Electrical is a Menomonee Falls, Wis.-based provider of products for the retail do-it-yourself, marine, industrial OEM and wholesale electrical markets.

AERCAP HOLDINGS NV: Long-term bonds, approximately 40% secured and 60% unsecured; also $1 billion revolver; UBS Investment Bank, Citigroup Global Markets; to fund its purchase of International Lease Finance Corp. from American International Group Inc., expected to close during the second quarter of 2014; AerCap is a Netherlands-based aircraft leasing company. ILFC is a Los Angeles-based commercial aircraft lessor.

ALBEA: $150 million five-year senior secured PIK toggle notes (expected ratings Caa2/CCC+); JPMorgan, BofA Merrill Lynch (joint); non-callable for one year; to fund a dividend; Gennevilliers, France-based personal care products company.

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.

FRONTIER COMMUNICATIONS CORP.: $1.9 billion senior notes backed by bridge; J.P. Morgan Securities LLC; to fund the acquisition of AT&T Inc.'s wireline business and statewide fiber network in Connecticut; Stamford, Conn.-based wireline telecommunications provider; expected during the second or third quarter of 2014.

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.

INDUSTRIAL PACKAGING GROUP: $850 million bridge loan to be replaced with bonds; Goldman Sachs Bank USA, J.P. Morgan Securities LLC, Bank of America Merrill Lynch, Barclays, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC; to help fund the buyout of the company by Carlyle Group from Illinois Tool Works, Inc.; Glenview, Ill.-based manufacturer of strap, stretch and protective packaging for consumables, tools and equipment; lender call Feb. 27.

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; 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.

MEN'S WEARHOUSE: $600 million senior notes and a $1.6 billion credit facility; BofA Merrill Lynch and J.P. Morgan Securities LLC; to help fund its purchase of Jos. A. Bank Clothiers expected to close in the third quarter of 2014; Men's Wearhouse is a Houston-based specialty retailer of men's apparel. Jos. A. Bank is a Hampstead, Md.-based designer, manufacturer and retailer of men's apparel, footwear and accessories.

NINE WEST HOLDINGS INC.: $455 million senior unsecured bridge loan or senior notes; also $720 million credit facility scheduled to launch Feb. 14, including a $470 million term loan led by Morgan Stanley Senior Funding Inc., Jefferies Finance LLC and MCS Capital Markets LLC and $250 million asset-based revolver led by Wells Fargo Securities LLC and Bank of America Merrill Lynch; to help fund the buyout of parent company Jones Group Inc. by Sycamore Partners; marketer and wholesaler of apparel, footwear and accessories.

ORTHO-CLINICAL DIAGNOSTICS: $1.15 billion high-yield notes backed by a bridge loan led by Goldman Sachs & Co., Barclays, Credit Suisse, UBS and Nomura; also $2.175 billion term loan B and $1.025 billion equity; to help fund the buyout of Ortho-Clinical Diagnostics by the Carlyle Group from Johnson & Johnson; Raritan, N.J.-based provider medical diagnostic testing services; expected second-quarter 2014 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.

VISANT CORP.: Up to $100 million senior notes and $260 million credit facility; Credit Suisse Securities (USA) LLC; to help fund its acquisition of American Achievement Group Holding Corp., expected to close no later than the second quarter of 2014; Visant is an Armonk, N.Y.-based marketing and publishing company. Jostens is a Minneapolis-based yearbook and scholastic affinity company.

WEYERHAEUSER REAL ESTATE CO. (WRECO): $800 million new senior unsecured notes; to help fund the merger with TRI Pointe Homes in a transaction valued at about $2.7 billion, anticipated to close in the second quarter of 2014 (a portion of the proceeds to be paid to Weyerhaeuser at closing); homebuilding subsidiary of Federal Way, Wash.-based Weyerhaeuser Co.

Roadshows

March 20-25: KAUFMAN & BROAD €370 million; Goldman Sachs, Credit Suisse, Credit Agricole, Natixis.

March 24-27: ALDESA €250 million; JPMorgan, Santander, Banco Sabadell, Bankia, CaixaBank.

March 24-28: JONES ENERGY: $300 million; Citigroup, Wells Fargo, Barclays, Capital One, Credit Agricole, JPMorgan, SunTrust, TD, Mitsubishi.

Starts March 26: LONESTAR RESOURCES AMERICA $200 million; Jefferies.

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