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Published on 11/13/2015 in the Prospect News Bank Loan Daily.

Bank Loan Calendar: $54.905 billion deals being marketed

November Bank Meetings

AZELIS GROUP: Bank meeting in London on Nov. 16 (NY was Nov. 13); $675 million in new term loans; Barclays (left on first-lien), Morgan Stanley (left on second-lien) and ING; $460 million seven-year first-lien covenant-light term loan talked at Libor plus 450 bps to 475 bps, 1% Libor floor, OID 99, 101 soft call; $215 million (€190 million equivalent) eight-year second-lien covenant-light term loan; fund acquisition of KODA Distribution Group, refinance debt and put cash on the balance sheet; Antwerp, Belgium, pure-play specialty chemical distributor.

TIERPOINT: Expected mid-to-late November launch; expected $310 million of incremental term loans; RBC and Credit Suisse; $220 million first-lien term loan; $90 million second-lien term loan; help fund acquisition of Windstream’s data center business; St. Louis-based provider of cloud, colocation and managed services designed to help organizations improve business performance and manage risk.

Upcoming Closings

ALLISON TRANSMISSION INC.: Expected close Nov. 30; $189 million add-on senior secured covenant-light term B-3 due Aug. 23, 2019 talked at Libor plus 250 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; Citigroup; refinance term B-2; Indianapolis-based automatic transmission company and supplier of hybrid-propulsion systems.

ALPHA MEDIA: $350 million credit facility; Citizens Bank; $20 million revolver (B1/B); $265 million first-lien term loan (B1/B) talked at Libor plus 475 bps to 500 bps, 1% Libor floor, OID 99, 101 soft call for six months; $65 million privately-placed second-lien term loan; fund acquisition of radio stations from Digity LLC; Portland, Ore., radio broadcast media company.

AMERICAN COMMERCIAL LINES: $1.15 billion five-year first-lien term loan (B3/B) at Libor plus 875 bps, 1% Libor floor, OID 95, 101 soft call; Bank of America, Deutsche Bank, Goldman Sachs and UBS; help fund acquisition of AEP River Operations from American Electric Power and refinance existing debt; Jeffersonville, Ind., marine transportation service company.

AMERICOLD REALTY OPERATING PARTNERSHIP LP: Up to $475 million credit facility (B3/BB); JPMorgan; up to $150 million three-year revolver; $325 million seven-year term B talked at Libor plus 450 bps to 475 bps, 1% Libor floor, OID 98.5, 101 soft call for six months; refinance CMBS debt and mortgages, and general corporate purposes; Atlanta-based provider of temperature-controlled warehousing and logistics to the food industry.

ASCENSUS INC.: $425 million in term loan debt (B2/B); Credit Suisse, Deutsche Bank, Macquarie and RBC; $400 million seven-year first-lien term loan talked at Libor plus 450 bps, 1% Libor floor, OID 98.5, 101 soft call; $25 million delayed-draw term loan; help fund buyout by Genstar Capital and Aquiline Capital Partners from J.C. Flowers & Co.; Dresher, Pa., service provider of retirement and college savings plans.

AVAGO TECHNOLOGIES CAYMAN FINANCE LTD. (BROADCOM LTD.): $9.75 billion seven-year covenant-light term B (Ba1/BBB/BBB) at Libor plus 350 bps, step-down to Libor/Euribor plus 325 bps at 1.75x net total leverage, 0.75% Libor floor, OID 99, 101 soft call for six months; Bank of America, Credit Suisse, Deutsche Bank, Barclays, Citigroup and Wells Fargo; also €500 million term B at Euribor plus 350 bps, step-down to Euribor plus 325 bps at 1.75x net total leverage, 0.75% floor, OID 99, 101 soft call for six months; help fund acquisition of Broadcom Corp. and refinance existing debt facilities; already syndicated $500 million revolver and $4.25 billion term A at Libor plus 150 bps to 200 bps, subject to a ratings-based grid; semiconductor company.

BELK INC.: $2.4 billion credit facility; Morgan Stanley, Bank of America, Jefferies, Credit Suisse, Deutsche Bank, Nomura, RBC and MCS Capital; $1.5 billion seven-year first-lien covenant-light term B (B2/B+) talked at Libor plus 450 bps to 475 bps, 1% Libor floor, OID 98 to 98.5, 101 soft call; $900 million ABL revolver; help fund buyout by Sycamore Partners; Charlotte, N.C., department store company.

BLUE COAT SYSTEMS INC.: $225 million add-on first-lien term loan (B-) at Libor plus 350 bps, 1% Libor floor, OID 97.75, 101 soft call for six months; Jefferies; fund an acquisition; Sunnyvale, Calif., web security company.

CABLEVISION SYSTEMS CORP.: $5.8 billion credit facility (Ba1/BB-); JPMorgan, BNP Paribas and Barclays; $2 billion five-year revolver; $3.8 billion seven-year term B at Libor plus 400 bps, 1% Libor floor, OID 98.5, 101 soft call; help fund acquisition by Altice NV and repay existing term loans; Bethpage, N.Y., media and telecommunications company.

CALPINE CORP.: Expected closing mid-December; $550 million seven-year senior secured covenant-light term B-6 (Ba3) at Libor plus 300 bps, 1% Libor floor, OID 99, 101 soft call for six months; Morgan Stanley, Bank of America, Citigroup, Credit Suisse and Deutsche Bank; fund acquisition of Granite Ridge Energy Center from Granite Ridge Holdings LLC and general corporate purposes; Houston-based generator of electricity from natural gas and geothermal resources.

COMPUTER SCIENCES GOVERNMENT SERVICES INC.: $3.5 billion senior secured credit facility (Ba2/BB+/BBB); RBC (left lead on term B), MUFG (left lead on pro rata), Bank of America and Scotia; $700 million five-year revolver at Libor plus 175 bps; $600 million three-year term loan A-1 at Libor plus 162.5 bps; $1.45 billion five-year term loan A-2 at Libor plus 175 bps; $750 million seven-year covenant-light term B at Libor plus 300 bps, step-down to Libor plus 275 bps when total net leverage is 2.5x, 0.75% Libor floor, OID 99.5, 101 soft call; help fund spin-off from Computer Sciences Corp. and acquisition of SRA; Falls Church, Va., provider of IT services to the U.S. federal government.

COWLITZ TRIBAL GAMING AUTHORITY: $485 million credit facility (B3); Bank of America and KeyBanc; $75 million 4.75-year super-priority revolver; $330 million five-year term B talked at Libor plus 850 bps, 1% Libor floor, OID 98; $80 million five-year delayed-draw term loan talked at Libor plus 850 bps, 1% Libor floor, OID 98; fund the development of the Cowlitz Casino Resort; developer and manager of the Cowlitz Casino.

CYPRESS SEMICONDUCTOR CORP.: $400 million seven-year senior secured term B (Ba3/BB) talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 99, 101 soft call for six months; Credit Suisse and Fifth Third; refinance existing debt and fund a share buyback; San Jose, Calif., manufacturer of mixed-signal integrated circuits.

DEXTER AXLE: $480 million in U.S. bank debt (B2/B+); BNP Paribas and Deutsche Bank; $60 million five-year revolver; $420 million seven-year covenant-light term B talked at Libor plus 450 bps to 475 bps, 1% Libor floor, OID 99, 101 soft call for six months; €134.9 million seven-year covenant-light term B talked at Euribor plus 450 bps to 475 bps, 1% floor, OID 99, 101 soft call for six months; fund acquisition of AL-KO Vehicle Technology from AL-KO Kober SE; Elkhart, Ind., designer and manufacturer of trailer axles, brakes and related components.

EBAY ENTERPRISE OMNI-CHANNEL LOGISTICS AND SOLUTIONS INC.: $700 million senior secured credit facility; Morgan Stanley, Credit Suisse and Barclays; $60 million five-year revolver (B+) talked at Libor plus 425 bps; $540 million seven-year first-lien covenant-light term loan (B+) talked at Libor plus 575 bps to 600 bps, 1% Libor floor, OID 98, 101 soft call; $100 million 7.5-year second-lien covenant-light term loan (CCC+) talked at Libor plus 975 bps to 1,000 bps, 1% Libor floor, OID 98, non-call one, 103, 102, 101; help back completed buyout by Permira, Sterling Partners and Longview Asset Management; King of Prussia, Pa., provider of retail-optimized commerce solutions, order management, fulfillment, customer care and marketing solutions.

FIRST DATA CORP.: $1.25 billion and €200 million of tack-on term loan debt due July 2022 at Libor/Euribor plus 375 bps, OID 99.25, 101 soft call for six months; Credit Suisse and KKR Capital; partially refinance 2017 term loan; Atlanta-based provider of electronic commerce and payment services.

FIRST EAGLE INVESTMENT MANAGEMENT: Expected close Dec. 1; $1.5 billion senior secured credit facility (Ba1/BB+); Morgan Stanley, HSBC, Bank of America, Citigroup, UBS and ICBC; $150 million five-year revolver at Libor plus 375 bps; $1.35 billion seven-year covenant-light term B at Libor plus 400 bps, 0.75% Libor floor, OID 98, 101 soft call; help fund buyout by Blackstone and Corsair Capital from TA Associates; New York-based asset management firm.

GENEX HOLDINGS INC.: $25 million add-on first-lien term loan talked at Libor plus 425 bps, 1% Libor floor, OID 99; RBC and SunTrust; fund an acquisition; Wayne, Pa., provider of integrated managed care services, focused on controlling health-care costs and reducing disability expenses.

HAWAIIAN TELCOM: $320 million seven-year term B (B1/B) talked at Libor plus 400 bps, 1% Libor floor, OID 99 on new money, 99.5 on refinancing portion; UBS; refinance existing credit facilities and add cash to the balance sheet; Honolulu-based provider of integrated communications services.

HIGGINBOTHAM: $280 million credit facility; SunTrust; $40 million revolver (B2/B); $190 million six-year first-lien term B (B2/B) talked at Libor plus 525 bps, 1% Libor floor, OID 99; $50 million 6.5-year second-lien term loan; refinance existing debt and fund a distribution so that employees can purchase more equity in the company; Fort Worth, Texas, insurance brokerage firm.

JAMUL INDIAN VILLAGE DEVELOPMENT CORP.: $460 million senior secured credit facility (B3/B); Citizens Bank, Fifth Third and Goldman Sachs; $15 million revolver; $335 million term B talked at Libor plus 800 bps, 1% Libor floor, OID 98, non-call one, 102, 101; $110 million delayed-draw term loan; back construction of Hollywood Casino Jamul-San Diego on Jamul Indian Village’s reservation in Jamul, Calif.

LANNETT CO.: $1.285 billion senior secured credit facility (B1/B+); Morgan Stanley, RBC and Citigroup; $1.16 billion seven-year covenant-light term B talked at Libor plus 425 bps to 450 bps, 1% Libor floor, OID 98.5, 101 soft call for six months; $125 million five-year revolver talked at Libor plus 425 bps to 450 bps; help fund acquisition of Kremers Urban Pharmaceuticals Inc.; Philadelphia-based generic pharmaceutical company.

LPL FINANCIAL HOLDINGS INC.: $700 million incremental term loan (Ba3/BB-) due 2022 talked at Libor plus 375 bps to 400 bps, 0.75% Libor floor, OID 99, 101 soft call; JPMorgan, SunTrust, Wells Fargo, Bank of America, Citizens Bank, Morgan Stanley, Goldman Sachs and Citigroup; fund a share repurchase, repay revolver borrowings and general corporate purposes; also extending maturity of existing term B to March 2021 at talk of Libor plus 325 bps to 350 bps, 0.75% Libor floor, 101 soft call; Boston-based investment company.

MATCH GROUP INC.: $800 million seven-year incremental senior secured term B (Ba2/BB+) at Libor plus 450 bps, 1% Libor floor, OID 98.5, 101 soft call; JPMorgan, BNP Paribas, Goldman Sachs, Deutsche Bank and Bank of America; help fund a distribution to IAC/InterActiveCorp in connection with spin-off and general corporate purposes; Dallas-based provider of dating products.

MICHIGAN POWER LP LLC: $263 million credit facility (Ba2); BNP Paribas; $47 million revolver; $216 million seven-year term B talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 99, 101 call protection; help fund acquisition by Rockland Capital LLC from ArcLight Capital Partners LLC; owner of a cogeneration facility located in Ludington, Mich.

NXP BV: $2.7 billion five-year term B (Ba1/BBB-) at Libor plus 300 bps, 0.75% Libor floor, OID 99.25, 101 soft call for six months; Credit Suisse, Morgan Stanley, Barclays, Deutsche Bank and Bank of America; help fund acquisition of Freescale Semiconductor Ltd.; Eindhoven, Netherlands, maker of semiconductors.

OASIS OUTSOURCING: $80 million add-on first-lien term loan talked at Libor plus 475 bps, 1% Libor floor, OID 99; RBC; fund two acquisitions in the Professional Employer Organization space; West Palm Beach, Fla., provider of outsourced human resource, employee benefits, payroll and risk management services.

OM GROUP INC.: $650 million senior secured credit facility; Credit Suisse and Sumitomo; $75 million five-year revolver (Ba3/B); $450 million seven-year first-lien term loan (including 150 million euro equivalent) (Ba3/B) talked at Libor plus 550 bps, 1% floor, OID 98, 101 soft call for six months; $125 million eight-year second-lien term loan (B3/B-) talked at Libor plus 950 bps, 1% Libor floor, OID 97, non-call one, 103, 102, 101; help fund already completed buyout by Apollo Global Management LLC; Cleveland, Ohio, technology-driven diversified industrial company.

PLATFORM SPECIALTY PRODUCTS CORP.: Roughly $1.37 billion (1.045 billion tranche, €300 million tranche) term B debt (B2/BB-) due June 7, 2020 at Libor/Euribor plus 450 bps, 1% floor, OID 98, 101 soft call; Credit Suisse and Barclays; help fund acquisition of Alent plc; Miami-based specialty chemical company.

PREMIERE GLOBAL SERVICES INC.: $700 million senior secured credit facility; Barclays, SunTrust and Macquarie; $50 million five-year revolver (B1/B); $500 million seven-year first-lien term loan (B1/B) talked at Libor plus 525 bps, 1% Libor floor, OID 99, 101 soft call for six months; $150 million eight-year second-lien term loan (Caa1/B-) talked at Libor plus 925 bps, 1% Libor floor, OID 98 to 98.5, call protection 102, 101; help fund buyout by Siris Capital Group LLC; Atlanta-based provider of collaboration software and services.

RHODE ISLAND STATE ENERGY CENTER LP: $375 million senior secured credit facility (Ba3); Morgan Stanley and GE Capital; $50 million revolver; $325 million seven-year term B talked at Libor plus 450 bps to 475 bps, 1% Libor floor, OID 98.5, 101 soft call; help fund acquisition by The Carlyle Group from Entergy Corp.; natural-gas fired power plant located in Johnston, R.I.

SHEARER’S FOODS LLC: $225 million incremental first-lien term loan (B1/B) talked at Libor plus 375 bps, 1% Libor floor, OID 99, 101 soft call for six months; Antares Capital and Golub Capital; fund acquisition of Barrel O’ Fun Snack Foods Corp.; Massillon, Ohio, supplier and contract manufacturer of salty snacks, cookies and crackers.

SHENANDOAH TELECOMMUNICATIONS CO.: $960 million credit facility; RBC, CoBank and Fifth Third; $75 million revolver ranging from Libor plus 225 bps to 300 bps based on total leverage; $485 million five-year term A ranging from Libor plus 225 bps to 300 bps based on total leverage; $400 million seven-year delayed-draw term A-2 ranging from Libor plus 250 bps to 325 bps based on total leverage; fund acquisition of Ntelos Holdings Corp. and refinance existing debt; Edinburg, Va.-based provider of telecommunications services.

SHOES FOR CREWS: $358 million senior credit facility; Antares Capital, Golub Capital and Macquarie; $25 million six-year revolver (B2); $233 million seven-year covenant-light term B (B2) talked at Libor plus 500 bps, 1% Libor floor, OID 99, 101 soft call for six months; $100 million privately placed second-lien term loan; back already completed buyout by CCMP Capital Advisors LLC; West Palm Beach, Fla., supplier of slip-resistant footwear for the workplace.

STAPLES INC.: $5.75 billion credit facility; Barclays, Bank of America, Wells Fargo and HSBC; $3 billion five-year asset-based revolver; $2.75 billion six-year senior secured covenant-light term B (Baa2/BBB) at Libor plus 275 bps, 0.75% Libor floor, OID 99˝, 101 soft call for six months; help fund acquisition of Office Depot Inc.; Framingham, Mass., retailer of office supplies.

STAR WEST GENERATION LLC: Expected close Nov. 30; $450 million senior secured term B (B+) due March 13, 2020 talked at Libor plus 475 bps, 1% Libor floor, OID 97, 101 soft call; Citigroup, Barclays and Morgan Stanley; refinance existing term loans; Houston-based independent power producer.

SWISSPORT GROUP: CHF 1.145 billion equivalent six-year U.S. and euro covenant-lite term B talked at Libor/Euribor plus 500 bps to 525 bps, 1% floor, OID 98.5 to 99, 101 soft call for six months; help fund acquisition by HNA Group Co. Ltd. from PAI Partners SAS and refinance existing debt; Switzerland-based provider of ground and cargo handling services to the aviation industry.

TEAM HEALTH INC.: $1.315 billion seven-year senior secured term B (Ba2/BB-) at Libor plus 375 bps, 0.75% Libor floor, OID 99, 101 soft call for six months; Citigroup, Bank of America, JPMorgan, Barclays, Goldman Sachs and Citizens; help fund acquisition of IPC Healthcare Inc.; Knoxville, Tenn., provider of outsourced physician staffing solutions for hospitals.

TRUCK HERO INC.: $390 million seven-year term B (B1/B) talked at Libor plus 400 bps to 425 bps, 1% Libor floor, OID 99, 101 soft call for six months; JPMorgan; help refinance existing first-and second-lien debt; Ann Arbor, Mich., designer, manufacturer and marketer of branded consumer accessories for pickup trucks.

U.S. RENAL CARE INC.: $2.165 billion credit facility; Barclays, JPMorgan, RBC, Deutsche Bank and Jefferies; $150 million five-year revolver (B1/B); $1.75 billion seven-year first-lien covenant-light term loan (B1/B) talked at Libor plus 400 bps to 425 bps, 1% Libor floor, OID 99, 101 soft call for six months; $265 million eight-year second-lien covenant-light term loan (Caa1/CCC+) talked at Libor plus 800 bps, 1% Libor floor, OID 98, call protection 102, 101; refinance existing debt in connection with merger of U.S. Renal and DSI Renal; Nashville-based provider of dialysis services.

VERITAS TECHNOLOGIES CORP.: $2.5 billion U.S. secured credit facility (B1/B+); Bank of America, Morgan Stanley, UBS, Jefferies, Barclays, Citigroup, Credit Suisse and Goldman Sachs; $300 million five-year revolver; $1.5 billion seven-year covenant-light term B at Libor plus 500 bps, 1% Libor floor, OID 95, 101 soft call for six months; $700 million senior secured term B that will be held by the underwriters; also €760 million seven-year covenant-light term B at Euribor plus 500 bps, 1% floor, OID 95, 101 soft call for six months; help fund buyout by Carlyle Group from Symantec Corp.; Mountain View, Calif., provider of storage and server management software solutions.

WEST CORP.: $250 million six-year term B-11 (Ba3/BB) talked at Libor plus 300 bps to 325 bps, 0.75% Libor floor, OID 99.5; Deutsche Bank and Wells Fargo; refinance existing term B-9; Omaha-based technology-driven communication services provider.

On The Horizon

ACTIVISION BLIZZARD INC.: $2.3 billion senior secured term loan (BBB); Bank of America and Goldman Sachs; help fund acquisition of King Digital Entertainment plc; Santa Monica, Calif., interactive entertainment company.

BLUCORA INC.: $425 million credit facility; BMO; $25 million revolver; $400 million first-lien term loan; help fund acquisition of HD Vest Financial Services; Bellevue, Wash., operator of a diverse group of Internet businesses.

DELL INC.: New debt financing; Credit Suisse, JPMorgan, Barclays, Bank of America, Citigroup, Deutsche Bank, Goldman Sachs and RBC; help fund acquisition of EMC Corp.; Round Rock, Texas, technology and services company.

DIALOG SEMICONDUCTOR: $2.1 billion seven-year covenant-light term loan expected at Libor plus 325 bps, 0.75% Libor floor; Morgan Stanley; help fund acquisition of Atmel Corp.; London-based provider of highly integrated standard and custom mixed-signal integrated circuits.

ENDURANCE INTERNATIONAL GROUP HOLDINGS INC.: $735 million incremental term loan; Credit Suisse and Goldman Sachs; help fund acquisition of Constant Contact Inc.; Burlington, Mass., provider of web hosting and online services.

ENVESTNET INC.: $200 million senior secured credit facility; BMO; $100 million revolver; $100 million in term loans; help fund acquisition of Yodlee Inc.; Chicago-based provider of unified wealth management technology and services to financial advisors.

GRAY TELEVISION INC.: New senior secured debt; help fund acquisition of all television and radio stations of Schurz Communications Inc.; Atlanta-based television broadcast company.

KONECRANES TEREX PLC: $1.65 billion senior secured credit facility; Credit Suisse; $750 million in two five-year revolvers (up to $375 million U.S. tranche and up to $375 million multicurrency tranche); $900 million seven-year term loan (including up to €450 million tranche) expected at Libor plus 300 bps, 0.75% Libor floor, 101 soft call for six months; help fund merger of Terex Corp. and Konecranes plc and refinance existing debt; diversified equipment manufacturer and lifting solutions.

KRATON PERFORMANCE POLYMERS INC.: $1.35 billion in covenant-light term loans; Credit Suisse, Nomura Securities and Deutsche Bank; help fund acquisition of Arizona Chemical Holdings Corp.; Houston-based producer of engineered polymers and styrenic block copolymers.

MEDASSETS: New debt financing; Barclays, Morgan Stanley, Macquarie and Golub Capital; help fund buyout by Pamplona Capital Management; Alpharetta, Ga., health-care performance improvement company.

MEDIA GENERAL INC.: Incremental senior secured term B; RBC and JPMorgan; help fund acquisition of Meredith Corp.; Richmond, Va., television broadcasting and digital media company.

NEUSTAR INC.: $350 million incremental senior secured term A; Morgan Stanley, Bank of Tokyo-Mitsubishi UFJ, JPMorgan and RBC; help fund acquisition of MarketShare Partners LLC; Sterling, Va., real-time provider of cloud-based information services.

NEW FLYER INDUSTRIES INC.: $825 million four-year senior secured credit facility; Bank of Nova Scotia and BMO; $343 million revolver; $482 million term loan; fund acquisition of Motor Coach Industries International Inc. from KPS Capital Partners LP and refinance existing credit facilities; Winnipeg-based manufacturer of heavy-duty transit buses.

OMNIVISION TECHNOLOGIES INC.: Up to $500 million six-year term loan; Bank of China and China Merchants Bank; help fund buyout by Hua Capital Management Co. Ltd., Citic Capital Holdings Ltd. and GoldStone Investment Co. Ltd.; Santa Clara, Calif., developer of advanced digital imaging solutions.

RISK STRATEGIES CO.: New debt financing; Macquarie; help fund buyout by Kelso & Co.; Boston-based insurance & benefits brokerage and risk management firm.

SKYWORKS SOLUTIONS INC.: $2.057 billion in senior secured covenant-light term B debt; Barclays; five-year term B-1 expected at Libor plus 325 bps, 0.75% Libor floor, 101 soft call for six months; seven-year term B-2 expected at Libor plus 350 bps, 0.75% Libor floor, 101 soft call for six months; help fund acquisition of PMC-Sierra Inc.; Woburn, Mass., maker of analog and mixed-signal semiconductors.

SOLARWINDS: New debt financing; Goldman Sachs; help fund buyout by Silver Lake Partners and Thoma Bravo LLC; Austin, Texas, provider of IT management software.

SOLERA HOLDINGS INC.: $2.2 billion senior secured credit facility; Goldman Sachs; $300 million revolver; $1.9 billion term loan; help fund buyout by Vista Equity Partners; San Ramon, Calif., provider of software and services to the automobile insurance claims processing industry.

STAMPS.COM: $165 million secured credit facility; Wells Fargo, Bank of America and JPMorgan; $82.5 million term loan; $82.5 million revolver; help fund acquisition of Endicia from Newell Rubbermaid Inc.; El Segundo, Calif., provider of internet-based postage services.

STEINER LEISURE LTD.: $600 million senior secured term loan; GSO Capital; help fund buyout by Catterton; Nassau, Bahamas, provider of spa services, a manufacturer and distributor of skin, body and hair care products and an educator of skills necessary to be a spa professional.

TREEHOUSE FOODS INC.: $1 billion of new bank debt; Bank of America; help fund purchase of ConAgra Foods Inc.’s private brands operations; Oak Brook, Ill., consumer packaged food and beverage manufacturer.

VIRTUSA CORP.: $300 million five-year senior secured credit facility; JPMorgan and Bank of America; $100 million revolver expected at Libor plus 275 bps; $200 million multi-draw term loan expected at Libor plus 275 bps; help fund acquisition of Polaris Consulting & Services Ltd.; Westborough, Mass., information technology services company.

VISTANA SIGNATURE EXPERIENCES: About $132 million in debt; help fund spin-off from Starwood Hotels and Resorts Worldwide Inc. and merger with Interval Leisure Group; Orlando, Fla., developer, marketer and manager of vacation ownership resorts.

WESTERN DIGITAL CORP.: $10 billion credit facility; Bank of America, JPMorgan, Credit Suisse and RBC; $1 billion revolver; $3 billion of amortizing term loans; $6 billion of other term loans; help fund acquisition of SanDisk Corp. and refinance existing debt; Irvine, Calif., developer and manufacturer of storage solutions that enable people to create, manage, experience and preserve digital content.

WEX INC.: $2.125 billion senior secured credit facility; Bank of America, SunTrust and MUFG; $350 million five-year revolver; $1.775 billion seven-year term loan; help fund acquisition of Electronic Funds Source LLC and refinance existing bank debt; South Portland, Maine, provider of corporate payment solutions.


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