Bank Loan Calendar: $41.553 billion deals being marketed

January Bank Meetings

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.

Upcoming Closings

ALBERTSONS COS. LLC: Expected close Dec. 17; $1.145 billion seven-year senior secured covenant-light term B-5 (Ba3/BB) at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; Citigroup, Bank of America and Credit Suisse; refinance existing term loan at New Albertson’s Inc.; Boise, Idaho, food and drug retailer.

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.

APCO HOLDINGS INC.: $210 million credit facility (B); SunTrust; $20 million five-year revolver; $190 million seven-year term loan talked at Libor plus 525 bps to 550 bps, 1% Libor floor, OID 99, 101 soft call for six months; help fund buyout by Ontario Teachers’ Pension Plan; Norcross, Ga., marketer and administrator of vehicle service contracts sold by franchised and independent auto dealers.

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 €900 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; also $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.

CABLE & WIRELESS COMMUNICATIONS PLC: $1.37 billion credit facility; Bank of America, Goldman Sachs, Scotiabank, BNP Paribas, Citigroup, Credit Suisse, ING and RBC; $440 million seven-year covenant-light term B-1 (Ba2/BB-) at Libor plus 475 bps, 0.75% Libor floor, OID 98, 101 soft call; $360 million seven-year covenant-light term B-2 (Ba2/BB-) at Libor plus 475 bps, 0.75% Libor floor, OID 98, 101 soft call; $570 million revolver; refinance notes and revolvers, and fund a special dividend in connection with acquisition by Liberty Global plc; London-based telecommunications 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.

CYPRESS SEMICONDUCTOR CORP.: $100 million term A (Ba3/BB+) due March 12, 2020 talked at Libor plus 325 bps, OID 99; Credit Suisse and Fifth Third; fund a share buyback; San Jose, Calif., manufacturer of mixed-signal integrated circuits.

DEXTER AXLE: $370 million in U.S. bank debt (B1); BNP Paribas and Deutsche Bank; $60 million five-year revolver; $310 million seven-year covenant-light term B at Libor plus 525 bps, 1% Libor floor, OID 99, 101 soft call; €135 million seven-year covenant-light term B at Euribor plus 525 bps, 1% floor, OID 99, 101 soft call; fund acquisition of AL-KO Vehicle Technology from AL-KO Kober SE; Elkhart, Ind., designer and manufacturer of trailer axles, brakes and related components.

EDELMAN FINANCIAL CENTER LLC: $260 million senior secured credit facility (B1/B+); Morgan Stanley and UBS; $30 million five-year revolver talked at Libor plus 500 bps; $230 million seven-year covenant-light term B talked at Libor plus 500 bps, 1% Libor floor, OID 98 to 99, 101 soft call for six months; help fund buyout by Hellman & Friedman LLC; financial planning 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.

KONECRANES TEREX PLC: $1.6 billion credit facility (Ba2/BB+); Credit Suisse, Citigroup, Commerzbank, Credit Agricole and Nordea Bank; $900 million-equivalent seven-year term loan B (split into $355 million and €500 million tranches) at Libor plus 375 bps, 0.75% floor, OID 98; 101 soft call; $700 million multi-currency revolver; 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 six-year senior secured term B (Ba3/B+) talked at Libor plus 475 bps to 500 bps, 1% Libor floor, OID 98, 101 soft call; Credit Suisse, Nomura Securities and Deutsche Bank; help fund acquisition of Arizona Chemical Holdings Corp. from American Securities LLC and refinance existing debt; Houston-based producer of engineered polymers and styrenic block copolymers.

LDISCOVERY LLC: $145 million credit facility; Antares Capital; $15 million five-year revolver; $100 million six-year term B talked at Libor plus 475 bps to 500 bps, 1% Libor floor, OID 99; $30 million six-year delayed-draw term loan talked at Libor plus 475 bps to 500 bps, 1% Libor floor, OID 99; help fund buyout by The Carlyle Group; McLean, Va., technology-enabled provider of information discovery and governance services serving principally blue-chip corporations and law firms.

MICHIGAN POWER LP LLC: $263 million credit facility (Ba2/BB+); BNP Paribas; $47 million revolver; $216 million seven-year term B at Libor plus 375 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.

MICROSEMI CORP.: $2.425 billion senior secured credit facility (Ba3/BB-); Morgan Stanley, Bank of Tokyo-Mitsubishi and Deutsche Bank; $350 million five-year revolver talked at Libor plus 225 bps to 250 bps, OID 99.625; $650 million five-year term A talked at Libor plus 225 bps to 250 bps, OID 99.625; $1.425 billion seven-year covenant-light term B talked at Libor plus 375 bps to 400 bps, 0.75% Libor floor, OID 98 to 98.5, 101 soft call for six months; help fund acquisition of PMC-Sierra Inc. and refinance existing debt; Aliso Viejo, Calif., provider of semiconductor solutions.

PROAMPAC: $245 million add-on first-lien term loan (B3/B) at Libor plus 475 bps, 1% Libor floor, OID 97.5; RBC; fund an acquisition; also repricing existing first-lien term loan to Libor plus 475 bps, 1% Libor floor; Cincinnati-based flexible packaging company.

PROQUEST: $400 million in term loans; Goldman Sachs, Bank of America and Credit Suisse; $275 million incremental first-lien term loan (B2/B) at Libor plus 475 bps, 1% Libor floor, OID 97.5, 101 soft call for six months; $125 million pre-placed second-lien term loan (Caa1/B-); help fund acquisition of Ex Libris Group; also repricing existing first-lien term loan to Libor plus 475 bps, 1% Libor floor; Ann Arbor, Mich., information solutions provider.

RHODE ISLAND STATE ENERGY CENTER LP: $375 million senior secured credit facility (Ba3/BB); Morgan Stanley and GE Capital; $50 million revolver; $325 million seven-year term B at Libor plus 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.

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.

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 99½, 101 soft call for six months; help fund acquisition of Office Depot Inc.; Framingham, Mass., retailer of office supplies.

STAR WEST GENERATION LLC: $450 million senior secured term B (B1/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.

SUNOCO LP: $2.035 billion term A (BB) due Oct. 1, 2019 talked at Libor plus 250 bps; Credit Suisse, Bank of America, BBVA Compass and TD Bank; help fund acquisition of Energy Transfer Partners LP’s remaining wholesale fuel and retail assets; Houston-based limited partnership engaged in fee-based wholesale distribution of motor fuels, the retail sale of motor fuels and the operation of convenience stores.

TAXACT HOLDINGS INC.: $425 million credit facility (B1/BB-); BMO; $25 million five-year revolver; $400 million seven-year term B talked at Libor plus 500 bps, 1% Libor floor, OID 99; help fund acquisition of HD Vest Financial Services; Cedar Rapids, Iowa, provider of digital and download tax preparation solutions.

TIERPOINT: $340 million incremental bank debt; RBC, Credit Suisse, Jefferies, TD Securities and Morgan Stanley; $30 million add-on revolver; $220 million first-lien term loan at Libor plus 450 bps, 1% Libor floor, OID 98, 101 soft call; $90 million second-lien term loan talked at Libor plus 875 bps, 1% Libor floor, OID 98, call protection 102, 101; 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.

UNITED SITE SERVICES: $60 million add-on term loan at Libor plus 475 bps, 1% Libor floor, OID 99; Antares Capital; fund future add-on acquisitions; Westborough, Mass., provider of portable sanitation solutions.

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) at Libor plus 425 bps, 1% Libor floor, OID 99, 101 soft call; $265 million eight-year second-lien covenant-light term loan (Caa1/CCC+) 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.

VIAWEST INC.: $80 million add-on term B at Libor plus 400 bps, 1% Libor floor, OID 99, 101 soft call; RBC, TD Securities and Citigroup; fund acquisition of INetU Inc. from BV Investment Partners; Greenwood Village, Colo., IT Infrastructure solutions company.

On The Horizon

AMN HEALTHCARE SERVICES INC.: Term loan; help fund acquisition of B.E. Smith; San Diego-based provider of healthcare workforce solutions and staffing services.

BLOUNT INTERNATIONAL INC.: $550 million senior secured credit facility; $75 million revolver, $300 million term loan, $175 million euro-equivalent term loan; help fund acquisition by American Securities LLC and P2 Capital Partners LLC; Barclays and KeyBanc Capital Markets Inc.; closing expected in first half of 2016; Portland, Ore.-based manufacturer and marketer of replacement parts, equipment and accessories for consumers and professionals operating in forestry, lawn and garden; farm, ranch and agriculture; and concrete cutting and finishing.

CACI INTERNATIONAL INC.: $300 million in incremental term loan debt; Bank of America; help fund acquisition of L-3 National Security Solutions Inc.; Arlington, Va., provider of information solutions and services in support of national security missions and government transformation for Intelligence, Defense, and Federal Civilian customers.

CISION: New debt financing; Deutsche Bank, Barclays and RBC; help fund acquisition of PR Newswire from UBM plc; Chicago-based media intelligence company.

COMPUTER PROGRAMS AND SYSTEMS INC.: $175 million five-year senior secured credit facility; Regions Capital; $50 million revolver expected at Libor plus 225 bps to 350 bps based on leverage grid; $125 million term loan expected at Libor plus 225 bps to 350 bps based on leverage grid; help fund acquisition of Healthland Holding Inc.; Mobile, Ala., provider of healthcare solutions for community hospitals.

COMTECH TELECOMMUNICATIONS CORP.: $400 million five-year senior secured credit facility; Citigroup; $150 million revolver expected at Libor plus 325 bps; $250 million term A expected at Libor plus 325 bps; help fund acquisition of TeleCommunication Systems Inc.; Melville, N.Y., designer, developer, producer and marketer of products, systems and services for advanced communications solutions.

CONMED CORP.: $150 million term loan expected at Libor plus 200 bps; JPMorgan; help fund acquisition of SurgiQuest Inc.; Utica, N.Y., medical technology company.

DELL INC.: $20.5 billion senior secured credit facility; Credit Suisse, JPMorgan, Bank of America, Barclays, Citigroup, Goldman Sachs, Deutsche Bank and RBC; $3 billion five-year revolver; $3.5 billion three-year term A-1; $3.5 billion five-year term A-2; $8 billion seven-year term B, 101 soft call for six months; $2.5 billion 364-day term cash flow facility; help fund acquisition of EMC Corp.; Round Rock, Texas, technology and services company.

DIALOG SEMICONDUCTOR: $2.1 billion seven-year covenant-light term loan (Ba2/BB) 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.

DIEBOLD INC.: $1.841 billion in secured term loans; JPMorgan and Credit Suisse; $250 million five-year delayed-draw term A expected at Libor plus 175 bps; $1.591 billion seven-year secured delayed-draw term B expected at Libor plus 375 bps, 0.75% Libor floor; help fund acquisition of Wincor Nixdorf AG; North Canton, Ohio, provider of self-service delivery, value-added services and software primarily to the financial industry.

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.

GLOBAL PAYMENTS INC.: New term loan; help fund acquisition of Heartland Payment Systems Inc.; Atlanta-based provider of payment technology services.

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.

KEURIG GREEN MOUNTAIN INC.: New debt financing; help fund purchase by JAB Holding Co.-led investor group; Waterbury, Vt., personal beverage system company.

MATTRESS FIRM HOLDING CORP.: Add-on term loan; help fund acquisition of Sleepy’s; Houston-based mattress retailer.

MEDASSETS: $1.73 billion senior secured credit facility; Barclays, Morgan Stanley, Macquarie and Golub Capital; $100 million revolver; $1.13 billion first-lien term loan; $500 million second-lien term loan; 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.

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.

ON SEMICONDUCTOR CORP.: $2.7 billion senior secured credit facility; Deutsche Bank and Bank of America; $300 million five-year revolver expected at Libor plus 300 bps; $2.4 billion seven-year covenant-light term B expected at Libor plus 350 bps, 0.75% Libor floor, OID 99, 101 soft call for six months; help fund acquisition of Fairchild Semiconductor International Inc.; Phoenix, Ariz., semiconductor company.

PETCO ANIMAL SUPPLIES INC.: New debt financing; Barclays, Citigroup, RBC, Credit Suisse, Nomura and Macquarie; help fund buyout by CVC Capital Partners and Canada Pension Plan Investment Board from TPG and Leonard Green & Partners; San Diego-based specialty retailer of pet food, supplies and services.

PINNACLE ENTERTAINMENT INC. OPCO: $935 million senior secured credit facility; JPMorgan, Bank of America, Goldman Sachs, Fifth Third, U.S. Bank, Credit Agricole, Deutsche Bank and Wells Fargo; $400 million five-year revolver expected at Libor plus 200 bps; $185 million five-year term A expected at Libor plus 200 bps; $350 million seven-year covenant-light term B; help fund spin-off of operating business and the real property of Belterra Park Gaming & Entertainment from Pinnacle.

PINNACLE FOODS INC.: $900 million incremental term loan; Bank of America; help fund acquisition of Boulder Brands Inc.; Parsippany, N.J., producer, marketer and distributor of branded food products.

SOLARWINDS: $1.625 billion senior secured credit facility; Goldman Sachs, Credit Suisse, Macquarie, Nomura and Broad Street; $125 million revolver; $1.25 billion first-lien term loan; $250 million-equivalent euro denominated first-lien term loan; help fund buyout by Silver Lake Partners and Thoma Bravo LLC; Austin, Texas, provider of IT management software.

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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