Bank Loan Calendar: $27.1233 billion deals being marketed

March Bank Meetings

ALVOGEN: Bank meeting March 17; $675 million seven-year senior secured term loan; Jefferies, Goldman Sachs and SunTrust; to refinance existing debt and for general corporate purposes; generic pharmaceutical company.

TOWNSQUARE MEDIA INC.: Bank meeting March 17; $305 million senior secured credit facility; RBC, Bank of America, SunTrust, Macquarie and Jefferies; $50 million five-year revolver; $255 million seven-year term B; help refinance existing senior secured credit facility and notes; Greenwich, Conn., diversified media and entertainment and digital marketing services company.

Upcoming Closings

ALTICE FINANCING SA: $500 million seven-year first-lien term B at Libor plus 425 bps, 1% Libor floor, OID 99, 101 soft call; Goldman Sachs, JPMorgan, Credit Suisse, Deutsche Bank, Morgan Stanley, BNP Paribas, Credit Agricole, Banca IMI, Citigroup, HSBC, Nomura, RBC, Societe Generale and UniCredit; also €400 million seven-year first-lien term loan B at Euribor plus 425 bps, 1% floor, OID 99½, 101 soft call; help fund acquisition of the Portuguese assets of Portugal Telecom from Grupo OI SA; Luxembourg-based telecommunications and cable company.

AMERICAN BEACON ADVISORS INC.: $350 million credit facility; RBC and Barclays; $40 million revolver (B+); $230 million first-lien term loan (B+) at Libor plus 450 bps, 1% Libor floor, OID 99½, 101 soft call; $80 million second-lien term loan (B-) at Libor plus 875 bps, 1% Libor floor, OID 98, call protection 102, 101; help fund buyout by Kelso & Co. and Estancia Capital Management from TPG Capital and Pharos Capital Group LLC; Fort Worth, Texas, provider of investment advisory services to institutional and retail markets.

BLACKBOARD INC.: Expected close March 16; $85 million add-on term B-3 (B+) due Oct. 4, 2018 at Libor plus 375 bps, 1% Libor floor, OID 99.27, 101 soft call for six months; Morgan Stanley, Bank of America and Deutsche Bank; fund acquisition of Schoolwires and general corporate purposes; Washington, D.C., education technology company.

C&J ENERGY SERVICES INC.: $1.66 billion senior secured credit facility (Ba3/BB+); Citigroup, Bank of America, Wells Fargo and JPMorgan; $600 million revolver; $510 million five-year term B-1 talked at Libor plus 550 bps, 1% Libor floor, OID 90, call protection 104 for one year; $550 million seven-year term B-2 talked at Libor plus 625 bps, 1% Libor floor, OID 88, call protection 105, 103; back combination with Nabors Industries’ completion and production services business; Houston-based provider of hydraulic fracturing, coiled tubing, cased-hole wireline, pumpdown and other oilfield services.

COYOTE LOGISTICS LLC: $360 million term B (B2/B-) talked at Libor plus 550 bps, 1% Libor floor, OID 98½ to 99, 101 soft call for six months; Goldman Sachs and Wells Fargo; refinance existing debt and fund a dividend; Chicago-based freight broker.

DBRS: $275 million credit facility; Credit Suisse, UBS and TD Securities; $50 million five-year revolver; $225 million seven-year first-lien covenant-light term loan at Libor plus 525 bps, 1% Libor floor, OID 99, 101 soft call; help fund buyout by Carlyle Group and Warburg Pincus; Toronto-based credit rating agency.

E.W. SCRIPPS CO.: Roughly $400 million term B (including $200 million add-on) talked at Libor plus 275 bps, 0.75% Libor floor, OID 99 on add-on; SunTrust; facilitate the movement of broadcast assets into E.W. Scripps and newspaper assets into Journal Communications and reprice upwards an existing term B; Cincinnati-based media company.

FORTESCUE RESOURCES: $7.388 billion seven-year senior secured term loan (including $2.5 billion new money, $4.888 billion extension) talked at Libor plus 425 bps to 450 bps, 1% Libor floor, OID 99 on new money, 101 soft call; Credit Suisse and JPMorgan; refinance unsecured notes and extend existing term loan; East Perth, Australia, iron ore producer.

FREIF NAP I HOLDINGS III LLC: $295 million of seven-year term loans (Ba3/BB-); Deutsche Bank, Citigroup, Macquarie and Credit Suisse; $250 million term B talked at Libor plus 375 bps area, 1% Libor floor, OID 99, 101 soft call; $45 million term C talked at Libor plus 375 bps area, 1% Libor floor, OID 99, 101 soft call; refinance existing debt and fund the acquisition of power facilities; owner of power generation assets.

FULLBEAUTY BRANDS: $160 million add-on first-lien term loan (B) talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 99½, 101 soft call for six months; Goldman Sachs, Jefferies and BMO; help fund a dividend; also repricing existing first-lien term loan upwards with talk of Libor plus 375 bps to 400 bps, 1% Libor floor; New York-based catalog retailer and online marketplace for plus-size consumers.

HANSON BUILDING PRODUCTS: $1.045 billion credit facility; Credit Suisse, Barclays and Citigroup; $150 million ABL revolver; $635 million seven-year first-lien covenant-light term loan (B1/B) at Libor plus 550 bps, 1% Libor floor, OID 97½, 101 soft call; $260 million eight-year second-lien covenant-light term loan (Caa1/CCC+) at Libor plus 950 bps, 1% Libor floor, OID 95, non-call one 103, 101; help fund buyout by Lone Star Funds from HeidelbergCement; manufacturer of concrete and clay building products.

HEADWATERS INC.: $425 million seven-year covenant-light term B (B1/BB-) at Libor plus 350 bps, 1% Libor floor, OID 99½, 101 soft call for six months; Deutsche Bank; refinance notes; South Jordan, Utah, manufacturer of light building products and heavy construction materials.

HOOVER CONTAINER SOLUTIONS: $195 million credit facility (B2/B); Macquarie; $30 million revolver; $165 million six-year first-lien term loan at Libor plus 675 bps, 1% Libor floor, OID 98, 101 soft call; help fund buyout by First Reserve; Houston-based provider of chemical tanks, cargo carrying units and related products and services.

HYPERION INSURANCE GROUP LTD.: $725 million seven-year term B (B1) talked at Libor plus 450 bps to 475 bps, 1% Libor floor, OID 99, 101 soft call for six months; Morgan Stanley, HSBC, RBC and Lloyds; also £85 million five-year revolver (B1) talked at Libor plus 425 bps, OID 99; help fund acquisition of RK Harrison Holdings Ltd. and repay existing Hyperion debt.; London-based insurance intermediary group.

INDIVIOR PLC: $800 million senior secured credit facility (B3/B); Morgan Stanley and Deutsche Bank; $50 million 4¾-year revolver at Libor plus 550 bps; $750 million 4¾-year term B ($644 million tranche and €100 million tranche) at Libor/Euribor plus 600 bps, 1% floor, OID 94, 101 soft call; Richmond, Va., specialty pharmaceutical company focused on addiction and related mental health disorders.

INEOS FINANCE PLC: About €1.4 billion-equivalent seven-year senior secured term B (BB-) ($625 million tranche, €850 million tranche) at Libor/Euribor plus 325 bps, 1% floor, OID 99½, 101 soft call for six months; Barclays, JPMorgan, Bank of America, Citigroup and Morgan Stanley; refinance notes; Switzerland-based manufacturer of petrochemicals, specialty chemicals and oil products.

INTERTAIN GROUP LTD.: $352.5 million credit facility (B2/BB); Macquarie; $335 million seven-year first-lien covenant-light term loan talked at Libor plus 500 bps to 525 bps, 1% Libor floor, OID 99, 101 soft call for six months; $17.5 million revolver; help fund acquisition of Gamesys’ business-to-consumer assets; Toronto-based owner of a variety of bingo-led and other market-leading business-to-consumer assets.

LIONS GATE ENTERTAINMENT CORP.: $375 million second-lien term loan (Ba3/BB-) at a fixed rate of 5%, non-call one, 102, 101; JPMorgan; refinance existing second-lien term loan and pay down revolver; Santa Monica, Calif., entertainment company.

RESEARCH NOW GROUP INC.: $440 million credit facility; GE Capital, Deutsche Bank and SunTrust; $40 million revolver (Ba3/B); $265 million first-lien term B (Ba3/B) at Libor plus 450 bps, 1% Libor floor, OID 99½, 101 soft call; $135 million second-lien term loan (Caa1/B-) at Libor plus 875 bps, 1% Libor floor, OID 98½, call protection 102, 101; help fund buyout by Court Square Capital Partners from TA Associates, Polaris Partners, Sutter Hill Ventures and other shareholders; Plano, Texas, digital data collection provider.

RIVERBED TECHNOLOGY INC.: $1.725 billion senior secured credit facility (B1/B); Credit Suisse, Citigroup, Barclays and Morgan Stanley; $100 million five-year revolver; $1.625 billion seven-year first-lien term loan at Libor plus 500 bps, step-down to Libor plus 475 bps based on total first-lien leverage, 1% Libor floor, OID 99½, 101 soft call for six months; 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.

SERVICEMASTER CO. LLC: $175 million incremental term loan at Libor plus 325 bps, 1% Libor floor, OID 99¾; JPMorgan, Credit Suisse, Goldman Sachs, Morgan Stanley, Bank of America, Jefferies, Natixis and RBC; fund notes redemption; Memphis-based provider of maintenance services to residential and commercial customers.

SURGICAL CARE AFFILIATES INC.: $700 million senior secured credit facility (B1/B+); JPMorgan, Goldman Sachs, Citigroup, Barclays, Morgan Stanley, Bank of America and SunTrust; $250 million revolver; $450 million term loan at Libor plus 325 bps, 1% Libor floor, OID 99¾, 101 soft call for six months; help refinance existing bank debt and general corporate purposes; Deerfield, Ill., operator of surgical facilities.

TANK HOLDING CORP.: Expected close March 17; $510 million senior secured credit facility (B); GE Capital; $50 million six-year revolver at Libor plus 425 bps, OID 99½; $460 million seven-year covenant-light term B at Libor plus 425 bps, step-down to Libor plus 400 bps when total net leverage is below 5.25x, 1% Libor floor, OID 99½, 101 soft call for six months; refinance existing debt and fund a distribution to shareholders; St. Bonifacius, Minn., and Lincoln, Neb.-based manufacturer of proprietary rotational molded polyethylene and steel storage tanks and containers used in above-ground, below-ground and portable applications.

TTM TECHNOLOGIES INC.: $915 million credit facility; JPMorgan and Barclays; $150 million asset-based revolver; $765 million term B (B1/B+) talked at Libor plus 450 bps, 1% Libor floor, OID 99, 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.

VALEANT PHARMACEUTICALS INTERNATIONAL INC.: $5.15 billion of incremental term loans (Ba1/BB); Deutsche Bank, HSBC, the Bank of Tokyo-Mitsubishi, DNB Markets, SunTrust, Barclays, Morgan Stanley, RBC and Citigroup; $1 billion incremental five-year term A; $4.15 billion seven-year term F (split into $2.35 billion funded F-1 tranche and $1.8 billion delayed-draw F-2 tranche) at Libor plus 325 bps, step-down to Libor plus 300 bps at 1.75x net senior secured leverage, 0.75% Libor floor, OID 99½, 101 soft call for six months; help fund acquisition of Salix Pharmaceuticals Ltd. and refinance Salix debt; Laval, Quebec, specialty pharmaceutical company.

VIAWEST: $450 million senior secured credit facility (B2/B+); TD Securities and RBC; $75 million five-year revolver; $375 million seven-year term B talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 99, 101 soft call for six months; refinance existing debt; Greenwood Village, Colo., IT Infrastructure solutions company.

WABASH NATIONAL CORP.: $192.8 million senior secured term loan (Ba3/BB) due 2022 at Libor plus 325 bps, 1% Libor floor, OID 99½, 101 soft call; Wells Fargo and Morgan Stanley; repay existing term loan; Lafayette, Ind., diversified industrial manufacturer and a producer of semi-trailers and liquid transportation systems.

WALGREENS INFUSION SERVICES: $495 million credit facility (B2/B); Bank of America, Barclays, Deutsche Bank and Goldman Sachs; $80 million revolver; $415 million seven-year term loan talked at Libor plus 500 bps, 1% Libor floor, OID 99, 101 soft call; help fund buyout by Madison Dearborn Partners from Walgreen Co.; provider of home and alternate treatment site infusion services.

On The Horizon

AIR MEDICAL GROUP HOLDINGS: New debt financing; Morgan Stanley, Jefferies, and KKR Capital; help fund buyout by KKR from Bain Capital and Brockway Moran & Partners; Lewisville, Texas, provider of air ambulance services.

BLUE COAT SYSTEMS INC.: New debt financing; Jefferies; help fund buyout by Bain Capital from Thoma Bravo LLC; Sunnyvale, Calif., web security company.

COMMSCOPE INC.: $1.5 billion seven-year senior secured covenant-light incremental term loan expected at Libor plus 350 bps, 0.75% Libor floor, 101 soft call for six months; JPMorgan, Bank of America, Deutsche Bank and Wells Fargo; help fund the acquisition of TE Connectivity’s Telecom, Enterprise and Wireless businesses; Hickory, N.C., provider of infrastructure services for communication networks.

CONCORDIA HEALTHCARE CORP.: New credit facility; RBC; $100 million revolver; term loans; help fund acquisition of Covis; Oakville, Ont., health care company.

ENVIVA PARTNERS LP: $199.5 million five-year senior secured credit facility; $25 million revolver expected at Libor plus 425 bps, 1% Libor floor; $99.5 million tranche A-1 loan expected initially at Libor plus 410 bps, 1% Libor floor, 101 soft call for six months; $75 million tranche A-2 loan expected at Libor plus 425 bps, 1% Libor floor, 101 soft call for six months; 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.

ERESEARCHTECHNOLOGY INC.: New debt financing; Jefferies and Citizens Bank; help fund acquisition of PHT Corp.; Philadelphia-based provider of patient-centric endpoint data collection services for use in clinical drug development.

GENESEE & WYOMING INC.: $650 million term loan expected at Libor plus 200 bps; Bank of America; help fund acquisition of about 95% of the shares of Freightliner Group Ltd. from Arcapita and other shareholders; Darien, Conn., owner and operator of short line and regional freight railroads.

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.

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.

MITEL NETWORKS CORP.: $700 million senior secured credit facility; Bank of America and Credit Suisse; $50 million five-year revolver expected at Libor plus 450 bps, 50 bps unused fee; $650 million seven-year first-lien term loan expected at Libor plus 450 bps, 1% Libor floor, 101 soft call for six months; help fund acquisition of Mavenir Systems and refinance existing bank debt; Kanata, Ont., provider of cloud- and premises-based unified communications software services.

NXP SEMICONDUCTORS NV: $7 billion of senior secured bank debt; Credit Suisse; $3.25 billion five-year covenant-light term B-1 expected at Libor plus 325 bps, step-down to Libor plus 300 bps at 2x consolidated net leverage, 0.75% Libor floor, 101 soft call; $3.25 billion seven-year covenant-light term B-2 expected at Libor plus 350 bps, step-down to Libor plus 325 bps at 2x consolidated net leverage, 0.75% Libor floor, 101 soft call; $500 million five-year super-priority revolver expected at Libor plus 200 bps; help fund acquisition of Freescale Semiconductor Ltd.; Eindhoven, Netherlands, maker of semiconductors.

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

PERFORMANCE FOOD GROUP: $550 million add-on term loan; Credit Suisse, Wells Fargo, Barclays, Morgan Stanley, Bank of America, BMO and Macquarie; also upsizing existing ABL credit facility; help fund acquisition of 11 distribution centers from US Foods; Richmond, Va., foodservice distributor.

POST HOLDINGS INC.: Up to $700 million secured term B due June 2, 2021 expected at Libor plus 375 bps, 1% Libor floor, Credit Suisse and Barclays; help fund acquisition of MOM Brands Co.; St. Louis-based consumer packaged goods holding company.

SCIENCE APPLICATIONS INTERNATIONAL CORP.: $670 million senior secured term B; Citigroup and Bank of America; help fund acquisition of Scitor Corp. from Leonard Green & Partners; McLean, Va., technology integrator providing full life-cycle services and solutions in the technical, engineering, and enterprise information technology markets.

SS&C TECHNOLOGIES HOLDINGS INC.: $2.63 billion senior secured credit facility; Morgan Stanley and Deutsche Bank; $150 million revolver; $2.08 billion term B-1; $400 million term B-2; help fund acquisition of Advent Software Inc.; Windsor, Conn., provider of financial services software and software-enabled services.

STAPLES INC.: $5.75 billion credit facility; Barclays and Bank of America; $3 billion asset-based five-year revolver expected at Libor plus 150 bps to 200 bps based on average excess availability; $2.75 billion six-year senior secured term B expected at Libor plus 375 bps, 0.75% Libor floor, 101 soft call for six months; help fund acquisition of Office Depot Inc.; Framingham, Mass., retailer of office supplies.

TI AUTOMOTIVE: New debt financing; help fund buyout by Bain Capital; Auburn Hills, Mich., provider of fluid storage, carrying and delivery systems to automotive manufacturers.

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