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Published on 12/5/2016 in the Prospect News Bank Loan Daily.

Bank Loan Calendar: $62.4668 billion deals being marketed

December Bank Meetings

ATKORE INTERNATIONAL INC.: Conference call Dec. 8; $500 million seven-year covenant-light first-lien term loan, 101 soft call for six months; Deutsche Bank; refinance existing first- and second-lien term loans; Harvey Ill., Electrical Raceway and Mechanical Products & Solutions provider.

DIGITALGLOBE INC.: Bank meeting Dec. 6; $1.475 billion credit facility (BB+); Barclays; $200 million revolver; $1.275 billion term B; pay down revolver, and refinance a term B and notes; Westminster, Colo., provider of Earth imaging and geospatial solutions.

GLOBAL EAGLE ENTERTAINMENT INC.: Bank meeting Dec. 7; $670 million senior secured credit facility; Citigroup and Macquarie; $85 million revolver (Ba3/BB-); $460 million first-lien term loan (Ba3/BB-); $125 million second-lien term loan (B3/B-); refinance existing debt and for working capital, capital expenditures, acquisitions, investments and general corporate purposes; Marina Del Rey, Calif., provider of satellite-based connectivity and media.

INFORMATION RESOURCES INC.: Bank meeting Dec. 6; $1.33 billion senior secured credit facility; Morgan Stanley, Jefferies and Nomura; $80 million revolver; $900 million first-lien term loan; $350 million second-lien term loan; refinance existing credit facilities and distribute a dividend to the equity holders; Chicago-based provider of big data, predictive analytics and forward-looking insights that help companies grow their businesses.

MINIMAX VIKING: Conference call Dec. 6; €631 million in term B debt due August 2023; Deutsche Bank; €327 million equivalent U.S. term B talked at Libor plus 275 bps, 0.75% Libor floor, OID 99.5 to 99.75, 101 soft call for six months; €304 million term B talked at Libor plus 300 bps, OID 99.5 to 99.75, 101 soft call for six months; amend and extend; Bad Oldesloe in Schleswig-Holstein, Germany-based fire protection company.

NFP CORP.: Conference call Dec. 6; $1.125 billion seven-year term loan (B) talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; Bank of America; refinance and extend existing term loan; insurance broker and consultant.

NOVOLEX (FLEX ACQUISITION CO. INC.): Bank meeting Dec. 6; $1.875 billion credit facility; Deutsche Bank, Credit Suisse, Morgan Stanley and Jefferies; $300 million revolver; $1.575 billion seven-year covenant-light term B; help fund buyout by The Carlyle Group from Wind Point Partners and TPG Growth; Hartsville, S.C., packaging company.

PROGREXION: Conference call Dec. 6; $125 million add-on first-lien term loan talked at Libor plus 525 bps, 1% Libor floor; Jefferies; fund a distribution and to add cash to the balance sheet; provider of credit repair services.

VISTRA OPERATIONS CO. LLC: Conference call Dec. 6; $1.11 billion in bank debt; Deutsche Bank, Barclays, Citigroup, Credit Suisse, Goldman Sachs, RBC, Natixis and UBS; $1 billion seven-year covenant-light term loan B-2; $110 million add-on revolver; fund a special dividend to common shareholders; Dallas-based power generator and retail electric provider.

Upcoming Closings

ADVANCEPIERRE FOODS INC.: Expected closing Dec. 5 week; $695 million senior secured covenant-light first-lien term B (Ba3/B+) due June 2, 2023 at Libor plus 300 bps, 1% Libor floor, 101 soft call for six months; Morgan Stanley, Deutsche Bank, Barclays and Credit Suisse; repricing; Cincinnati-based producer and distributor of ready-to-eat sandwiches, sandwich components and other entrées and snacks to a variety of distribution outlets.

ALBERTSONS COS. LLC: $6.013 billion in term loans (Ba3/BB); Credit Suisse left lead; $3.271 billion term B-4 due August 2021 at Libor plus 300 bps, 0.75% Libor floor, 101 soft call for six months; $1.142 billion term B-5 due December 2022 at Libor plus 325 bps, 0.75% Libor floor, 101 soft call for six months; $1.6 billion term B-6 due June 2023 at Libor plus 325 bps, 0.75% Libor floor, 101 soft call for six months; repricing; Boise, Idaho, food and drug retailer.

AM GENERAL LLC: $300 million senior secured five-year term B talked at Libor plus 850 bps, 1% Libor floor, OID 98, call protection 102, 101; Citigroup, Credit Suisse, Morgan Stanley, Macquarie and KKR; refinance existing debt; South Bend, Ind., designer, manufacturer and supplier of specialized vehicles for commercial and military customers.

AMERICAN AIRLINES INC.: Expected closing Dec. 15; $1 billion seven-year senior secured term B (Ba1/BB+) talked at Libor plus 250 bps, 0.75% Libor floor, OID 99.5, 101 soft call for six months; Citigroup, Bank of America, Barclays, Credit Suisse, Deutsche Bank, Goldman Sachs, JPMorgan, Morgan Stanley, BNP Paribas, Credit Agricole, ICBC and US Bank; repay a 2019 term loan and general corporate purposes; Fort Worth, Texas, airline company.

ANCHOR GLASS CONTAINER CORP.: $920 million credit facility; Credit Suisse, Citigroup, Morgan Stanley, Deutsche Bank, HSBC and UBS; $120 million ABL revolver; $650 million seven-year first-lien term loan (B1/B) at Libor plus 325 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $150 million eight-year second-lien term loan (B3/CCC+) at Libor plus 775 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund acquisition by CVC Capital Partners and BA Glass BV from KPS Capital Partners LP; Tampa, Fla., manufacturer of glass packaging products.

ANSIRA PARTNERS INC.: $300 million unitranche credit facility; Antares; $25 million revolver talked at Libor plus 650 bps, 1% Libor floor, OID 99; $240 million term loan talked at Libor plus 650 bps, 1% Libor floor, OID 99, call protection 102, 101; $35 million delayed-draw term loan talked at Libor plus 650 bps, 1% Libor floor, OID 99; help fund buyout by Advent International from KRG Capital Partners; St. Louis-based data-driven, technology-enabled marketing solutions provider.

APTEAN INC.: $730 million senior secured credit facility; Morgan Stanley, Macquarie and SunTrust; $70 million five-year revolver (B2/B) talked at Libor plus 475 bps; $470 million six-year covenant-light first-lien term loan (B2/B) talked at Libor plus 500 bps, 1% Libor floor, OID 99, 101 soft call for six months; $190 million seven-year covenant-light second-lien term loan (Caa2/CCC+) talked at Libor plus 900 bps, 1% Libor floor, OID 98.5, call protection 102, 101; refinance existing credit facilities and distribute a dividend to the equity holders; Alpharetta, Ga., provider of enterprise application software.

ASURION LLC: $1.21 billion covenant-light term B-2 (B+) due July 2020 talked at Libor plus 325 bps, 0.75% Libor floor, OID 99.75 to par, 101 soft call for six months; Bank of America, Morgan Stanley, Barclays, Credit Suisse, Deutsche Bank and Goldman Sachs; refinance term B-1 and reprice term B-2; Nashville-based provider of technology protection services.

AUTOPARTS HOLDINGS (FRAM GROUP HOLDINGS INC.): $270 million credit facility; Credit Suisse; $25 million ABL revolver; $245 million five-year first-lien term loan (B3/B-) talked at Libor plus 650 bps to 675 bps, 1% Libor floor, OID 98, 101 soft call; refinance existing debt; Lake Forest, Ill., manufacturer of filtration products and spark plugs for the automotive aftermarket.

AXALTA COATING SYSTEMS: $1.775 billion and €187 million term B due February 2023 (Ba1/BBB-) talked at Libor/Euribor plus 250 bps, 075% floor, OID 99.5 to 99.75, 101 soft call for six months; Barclays; refinance existing term loans; Philadelphia-based manufacturer, marketer and distributor of coatings systems.

BASS PRO GROUP LLC: $3.87 billion in loans (B1/B+); Bank of America, Wells Fargo, Citigroup, RBC, UBS and Goldman Sachs; $400 million term A; $2.97 billion seven-year covenant-light term B at Libor plus 500 bps, 0.75% Libor floor, OID 99, 101 soft call; $500 million 1.5-year asset-sale facility at Libor plus 475 bps, 0.75% Libor floor, OID 99; help fund acquisition of Cabela’s Inc.; Springfield, Mo., outdoor retailer.

BWAY HOLDING CO.: $1.24 billion senior secured term B due August 2023 (B2) at Libor plus 375 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; Bank of America; extension and repricing; Atlanta-based supplier of general line rigid containers.

CASA SYSTEMS: $300 million seven-year term B (B1/BB-) talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 99, 101 soft call for six months; JPMorgan; fund a dividend; Andover, Mass., provider of fixed, mobile, optical and Wi-Fi network solutions for ultra-broadband services.

CATALENT PHARMA SOLUTIONS INC.: Expected closing Dec. 9; U.S. senior secured covenant-light term B (Ba3/BB) due May 20, 2021 at Libor plus 275 bps, 1% floor, 101 soft call for six months; Morgan Stanley; also euro senior secured covenant-light term B (Ba3/BB) due May 20, 2021 at Euribor plus 250 bps, 1% floor, 101 soft call for six months; repricing; Somerset, N.J., provider of advanced delivery technologies and development solutions for drugs, biologics and consumer health products.

CHEDDAR’S CASUAL CAFÉ INC.: $370 million senior secured credit facility (B3/B); Morgan Stanley and Societe Generale; $35 million five-year revolver talked at Libor plus 450 bps; $335 million seven-year first-lien term B talked at Libor plus 500 bps, 1% Libor floor, OID 98.5 to 99, 101 soft call for six months; fund the acquisition of Greer Restaurant Operation Entities; casual dining operator focusing on made-from-scratch food.

CINEMARK USA INC.: $664 million covenant-light term B due May 8, 2022 talked at Libor plus 225 bps, 99.75, 101 soft call for six months; Barclays; repricing; Plano, Texas, motion picture exhibitor.

CONDUENT INC.: $750 million seven-year term B (Ba2/BB) at Libor plus 550 bps, 0.75% Libor floor, OID 97.5, 101 soft call; JPMorgan; help fund spin-off from Xerox Corp.; provider of business process services with expertise in transaction-intensive processing, analytics and automation.

CONTEXTMEDIA: $375 million credit facility (B2); JPMorgan, Goldman Sachs and Citizens; $325 million term B (B2/B) talked at Libor plus 550 bps to 575 bps, 1% Libor floor, OID 98.5 to 99, 101 soft call for six months; $50 million revolver; fund acquisition of AccentHealth LLC from M/C Partners, Ridgemont Equity Partners and senior management; healthcare decision platform.

CULLIGAN HOLDING INC.: $600 million senior secured credit facility; Morgan Stanley, RBC and BMO; $75 million revolver (B2/B); $300 million seven-year covenant-light first-lien term loan (B2/B) at Libor plus 400 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $75 million-equivalent euro seven-year covenant-light first-lien term loan (B2/B) at Euribor plus 350 bps, 1% floor, OID 99.5, 101 soft call for six months; $150 million privately placed second-lien term loan (Caa2/CCC+); help fund buyout by Advent International Corp.; Rosemont, Ill., provider of water treatment products and services.

DRIVE DEVILBISS HEALTHCARE: $579 million in term loans; JPMorgan (left on first-lien), Barclays (left on second-lien), Citigroup, Capital One and HSBC; $417 million seven-year first-lien term loan (Caa1) talked at Libor plus 550 bps, 1% Libor floor, OID 97.5, 101 soft call for one year; $162 million eight-year second-lien term loan (Caa3) talked at Libor plus 925 bps, 1% Libor floor, OID 97, call protection 102, 101; help back significant equity investment from Clayton, Dubilier & Rice; Port Washington, N.Y., manufacturer of medical products.

EASTERN POWER LLC (TPF II POWER LLC): $200 million incremental senior secured term B due Oct. 2, 2021 talked at Libor plus 400 bps, 1% Libor floor, OID 99, 101 soft call for six months; Morgan Stanley and Credit Suisse; fund a dividend; owner of gas-fired electric generating stations.

EFS COGEN HOLDINGS I LLC: $1.019 billion senior secured first-lien term B due June 28, 2023 talked at Libor plus 350 bps to 375 bps, 1% Libor floor, 101 soft call for six months; Morgan Stanley and Citigroup; owner of a natural gas-fired combined-cycle cogeneration project in New Jersey.

EVO PAYMENTS INTERNATIONAL: $845 million credit facility; SunTrust; $100 million revolver (B1/B); $590 million covenant-light first-lien term loan (B1/B) at Libor plus 500 bps, 1% Libor floor, OID 99, 101 soft call; $155 million covenant-light second-lien term loan (Caa1/B-) talked at Libor plus 900 bps, 1% Libor floor, OID 98.5; refinance existing debt and fund acquisitions; Atlanta-based payments processor and acquirer for merchants, independent sales organizations, financial institutions, government organizations and multinational corporations.

E.W. SCRIPPS CO.: $391.5 million covenant-light term B due November 2020 talked at Libor plus 250 bps, 101 soft call for six months; Wells Fargo; repricing; Cincinnati-based media company.

FANTASY SPRINGS RESORT CASINO (EAST VALLEY TOURIST DEVELOPMENT AUTHORITY): $130 million five-year term B at Libor plus 800 bps, 1% Libor floor, OID 98, non-call two, 102, 101; refinance existing debt; full scale resort in the Coachella Valley.

FIRST AMERICAN PAYMENTS SYSTEMS: $370 million credit facility; Goldman Sachs; $40 million revolver (B1/B+); $230 million seven-year first-lien term B (B1/B+) talked at Libor plus 500 bps to 525 bps, 1% Libor floor, OID 99, 101 soft call for six months; $100 million eight-year second-lien term loan (Caa1/CCC+) talked at Libor plus 950 bps to 975 bps, 1% Libor floor, OID 98, call protection 102, 101; refinance existing debt; Fort Worth, Texas, payments platform.

GLOBALLOGIC: $300 million term B (B1/B) talked at Libor plus 425 bps to 450 bps, 1% Libor floor, OID 99; JPMorgan and Deutsche Bank; refinance existing debt; California-based provider of software R&D services.

GTT COMMUNICATIONS INC.: $775 million credit facility (B1/B+); KeyBanc, Credit Suisse and SunTrust; $75 million five-year revolver; $700 million seven-year covenant-light term B talked at Libor plus 425 bps to 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; help fund acquisition of Hibernia Networks; McLean, Va., cloud networking provider.

HEALTHSUN: $482 million credit facility (B2/BB-); Deutsche Bank, Credit Suisse and SunTrust; $25 million revolver; $457 million six-year covenant-light term B at Libor plus 550 bps, 1% Libor floor, OID 94, 101 soft call; support buyout by Summit Partners; Coconut Grove, Fla., Medicare Managed Care Organization.

INTERMEDIA.NET INC.: $285 million credit facility; SunTrust and TD Securities; $25 million five-year revolver (B1/B+); $190 million seven-year first-lien term loan (B1/B+) talked at Libor plus 475 bps, 1% Libor floor, OID 99, 101 soft call for six months; $70 million eight-year second-lien term loan (Caa1/CCC+) talked at Libor plus 925 bps, 1% Libor floor, OID 98, call protection 102, 101; help fund buyout by Madison Dearborn Partners from Oak Hill Capital Partners; Mountain View, Calif., provider of cloud business applications.

IPS CORP.: $455 million credit facility; Jefferies; $35 million ABL revolver; $310 million seven-year covenant-light first-lien term loan (B2/B) talked at Libor plus 450 bps to 475 bps, 1% Libor floor, OID 99, 101 soft call for six months; $110 million eight-year covenant-light second-lien term loan (Caa2/CCC+) talked at Libor plus 875 bps to 900 bps, 1% Libor floor, OID 98, call protection 102, 101; refinance existing debt and fund a dividend; Compton, Calif., manufacturer of solvent cements, primers and sealants, plumbing and roofing products, and structural and assembly adhesives.

KEPRO: $300 million credit facility; Capital One and Barclays; $25 million revolver; $200 million six-year first-lien term loan talked at Libor plus 475 bps to 500 bps, 1% Libor floor, OID 99, 101 soft call for six months; $75 million 6.5-year second-lien term loan talked at Libor plus 875 bps to 900 bps, 1% Libor floor, OID 98.5, call protection 102, 101; refinance existing debt and fund a dividend; Harrisburg, Pa., quality improvement and care management organization.

KRATON POLYMERS LLC: $1.278 billion term B talked at Libor plus 400 bps, 1% Libor floor, 101 soft call for six months; Deutsche Bank, Credit Suisse and Nomura; repricing; Houston-based producer of engineered polymers and styrenic block copolymers.

LDISCOVERY LLC: $465 million in term loans; RBC, TD Securities and Northwestern Mutual; $340 million seven-year covenant-light first-lien term loan (B2/B+) talked at Libor plus 550 bps, 1% Libor floor, OID 99, 101 soft call for six months; $125 million eight-year covenant-light second-lien term loan (Caa2/CCC+) talked at Libor plus 950 bps, 1% Libor floor, OID 98, call protection 102, 101; help fund acquisition of Kroll Ontrack from Corporate Risk Holdings LLC; McLean, Va., technology-enabled eDiscovery services provider.

LEARFIELD COMMUNICATIONS INC.: $640 million credit facility; Deutsche Bank, UBS, Jefferies, Antares and SunTrust; $65 million revolver (B1/B+); $475 million seven-year covenant-light first-lien term loan (B1/B+) at Libor plus 325 bps, 25 bps step-down upon consummation of an IPO, 1% Libor floor, OID 99.5, 101 soft call for six months; $100 million pre-placed covenant-light second-lien term loan (Caa1/CCC+) at Libor plus 725 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund buyout by Atairos Group from Providence Equity Partners; Jefferson City, Mo., provider of collegiate sports multimedia rights administration and marketing services.

LIGHTSTONE GENERATION LLC: $1.825 billion credit facility (Ba3/BB-); Deutsche Bank, Credit Suisse, Jefferies, RBC, Goldman Sachs and UBS; $100 million revolver; $1.575 billion seven-year covenant-light term B talked at Libor plus 475 bps to 500 bps, 1% Libor floor, OID 99; $150 million funded letter of credit facility; help fund buyout by Blackstone and ArcLight Capital Partners LLC from American Electric Power; portfolio of four power generation facilities.

LIONS GATE ENTERTAINMENT CORP.: $4 billion credit facility (Ba2/BB-); JPMorgan, Bank of America and Deutsche Bank; $1 billion five-year revolver at Libor plus 250 bps; $1 billion five-year term A at Libor plus 250 bps; $2 billion seven-year term B at Libor plus 300 bps, 0.75% Libor floor, OID 99.5, 101 soft call; help fund acquisition of Starz and refinance existing debt; Santa Monica, Calif.-based entertainment company.

MASERGY COMMUNICATIONS: $522.5 million credit facility; Jefferies (left on first-lien) and Antares (left on second-lien); $50 million five-year revolver (B2/B); $332.5 million seven-year covenant-light first-lien term loan (B2/B) talked at Libor plus 450 bps to 475 bps, 1% Libor floor, OID 99, 101 soft call for six months; $140 million eight-year covenant-light second-lien term loan (Caa2/CCC+) talked at Libor plus 850 bps, 1% Libor floor, OID 98.5, call protection 102, 101; help fund buyout by Berkshire Partners LLC; Plano, Texas, provider of hybrid networking, managed security and cloud communications solutions.

MATCH GROUP INC.: $350 million term B due Nov. 16, 2022 talked at Libor plus 350 bps to 375 bps, 0.75% Libor floor, OID 99.75, 101 soft call for six months; JPMorgan; repricing; Dallas-based provider of dating products.

MISTER CAR WASH: $220 million term loan (including $40 million delayed-draw) (B1/B-) talked at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; Jefferies, BMO, UBS and Nomura; also increasing existing term loan pricing to match add-on; repay revolver borrowings and fund a distribution, and delayed-draw for acquisitions; Tucson, Ariz., car wash company.

MKS INSTRUMENTS INC.: $628 million covenant-light term B due April 29, 2023 talked at Libor plus 275 bps, 0.75% Libor floor, 101 soft call for six months; Barclays; repricing; Andover, Mass., provider of instruments, subsystems and process control solutions that measure, control, power, monitor and analyze critical parameters of advanced manufacturing processes.

MONTREIGN OPERATING CO. LL: $375 million six-year first-lien term loan (B2/B-) talked at Libor plus 800 bps to 850 bps, 1% Libor floor, OID 98, non-call 2.5 years, 102, 101; Credit Suisse; fund the development of the Montreign Resort Casino in the Hudson Valley region in New York; casino operator in the Hudson Valley.

NEXSTAR BROADCASTING GROUP INC.: $2.75 billion seven-year covenant-light term B (Ba3/BB+) at Libor plus 300 bps, OID 99.75, 101 soft call for six months; Bank of America, Credit Suisse, Deutsche Bank, SunTrust, Barclays and Wells Fargo; help fund acquisition of Media General Inc.; Irving, Texas, diversified media company.

NORD ANGLIA EDUCATION INC.: $885.8 million term B (B1/B) at Libor plus 350 bps, 1% Libor floor, 101 soft call for six months; Goldman Sachs, JPMorgan and HSBC; repricing; Hong Kong-based operator of schools.

OBERTHUR TECHNOLOGIES GROUP SAS: €2.4 billion equivalent senior secured credit facility (B2/B-/B+); Goldman Sachs (left on U.S.), Deutsche Bank and Morgan Stanley; €300 million multi-currency six-year revolver talked at Euribor plus 400 bps; €2.1 billion seven-year U.S. and euro term loan talked at Libor/Euribor plus 425 bps to 450 bps, OID 99.5, 101 soft call for six months; help fund the acquisition of Morpho and refinance existing Oberthur debt; France-based provider of chip-based digital authentication products and solutions.

PRIME SECURITY SERVICES BORROWER LLC (ADT CORP.): $2.763 billion first-lien senior secured covenant-light term loan due May 2, 2022 talked at Libor plus 325 bps, 1% Libor floor, 101 soft call for six months; Barclays, Deutsche Bank and RBC; reprice existing term loan due 2022 and concurrently reallocate the outstanding balance of the first-lien term loan due 2021 to the 2022 tranche; security services company.

PRIORITY PAYMENT SYSTEMS: $225 million credit facility (B1/B); SunTrust; $25 million revolver; $200 million six-year first-lien term loan talked at Libor plus 475 bps area, 1% Libor floor, OID 99, 101 soft call for six months; help fund the buyout by management of some ownership interest from Comvest Partners and refinance existing debt; Alpharetta, Ga., credit and debit card payments processing provider to small- and mid-sized brick and mortar and e-commerce merchants.

PSAV (AVSC HOLDING CORP.): $80 million add-on senior secured term B (B1/B+) due January 2021 talked at Libor plus 350 bps, 1% Libor floor, OID 99.027 to 99.5; Goldman Sachs, Barclays, Macquarie and Morgan Stanley; fund a distribution to equity holders; Long Beach, Calif., event technology provider.

Q HOLDING CO.: $113 million incremental term B (B3) due December 2021 talked at Libor plus 500 bps, 1% Libor floor, OID 99, 101 soft call for six months; RBC; fund the acquisition of Degania Silicone Ltd.; Twinsburg, Ohio, manufacturer of highly-engineered precision-molded elastomeric components used in a broad range of medical, pharmaceutical and electrical management applications.

QUIKRETE CO.: $300 million covenant-light add-on first-lien term loan (B+) at Libor plus 325 bps, 0.75% Libor floor, OID 99.75, 101 soft call for six months; Wells Fargo; help fund the acquisition of a concrete pipe manufacturing business from Rinker Materials; Atlanta-based manufacturer of packaged concrete and related products.

RCN GRANDE (RADIATE HOLDCO LLC): $1.48 billion credit facility (B1/B); Credit Suisse, UBS, Morgan Stanley and Deutsche Bank; $150 million revolver; $1.33 billion seven-year covenant-light first-lien term loan talked at Libor plus 350 bps, 0.75% Libor floor, OID 99.5, 101 soft call for six months; help fund acquisitions of RCN Telecom Services LLC and Grande Communications Networks LLC by TPG Capital, Google Capital and Patriot Media Management from Abry Partners; broadband services provider.

RE/MAX LLC: $245 million credit facility (Ba3/BB+); JPMorgan; $10 million revolver; $235 million seven-year term loan talked at Libor plus 300 bps, 0.75% Libor floor, OID 99 to 99.5, 101 soft call for six months; refinance existing debt and fund the acquisition of RE/MAX Regional Services; Denver-based franchisor of real estate brokerage services.

ROUSE’S: $235 million senior secured credit facility; Capital One; $50 million five-year revolver talked at Libor plus 275 bps; $185 million five-year term loan talked at Libor plus 275 bps; refinance existing debt and general corporate purposes; Louisiana-based family owned regional supermarket operator.

SAI GLOBAL: $515 million seven-year first-lien senior secured term B (Ba3/B+) talked at Libor plus 400 bps to 425 bps, 1% Libor floor, OID 99, 101 soft call for six months; Goldman Sachs, UBS and HSBC; help fund buyout by Baring Asia Private Equity Fund VI; Sydney, Australia, provider of risk management products and services to businesses across a diverse range of end-markets and geographies.

SIGNODE INDUSTRIAL: $450 million add-on term loan (B) due 2021 talked at Libor plus 300 bps, 1% Libor floor, OID 99.01 to 99.5, 101 soft call for six months; JPMorgan; fund a dividend; also repricing euro term loan talked at Euribor plus 300 bps, 1% Euribor floor; Glenview, Ill., manufacturer of strap, stretch and protective packaging for consumables, tools and equipment.

SYNCSORT INC.: $395 million credit facility; Credit Suisse, Antares Capital and SunTrust; $35 million revolver (B2/B+); $280 million six-year first-lien term loan (B2/B+) talked at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; $80 million seven-year second-lien term loan (Caa2/CCC+) talked at Libor plus 900 bps, 1% Libor floor, OID 98.5, call protection 102, 101; fund acquisition of Trillium Software from Harte Hanks Inc. and refinance existing debt; Woodcliff Lake, N.J., provider of enterprise software and data solutions.

TERRA MILLENNIUM CORP.: $215 million credit facility (B2/B); BNP Paribas; $40 million revolver; $175 million term loan talked at Libor plus 550 bps, 1% Libor floor, OID 99, 101 soft call for six months; help fund buyout by Court Square Capital Partners; Richmond, Calif., Industrial Services business.

USIC HOLDINGS INC.: Expected closing during Dec. 5 week; $885 million credit facility; Goldman Sachs, Morgan Stanley and Antares; $85 million revolver (B2/B); $635 million seven-year covenant-light first-lien term loan (B2/B) at Libor plus 375 bps, 1% Libor floor, OID 99.75, 101 soft call for six months; $165 million privately placed second-lien term loan (Caa2/CCC+); recapitalization of the balance sheet; Indianapolis-based provider of underground utility locating services.

VESTCOM INTERNATIONAL INC.: Expected closing Dec. 19; $375 million credit facility (B2/B); Antares, Credit Suisse, RBC and Barclays; $40 million revolver; $335 million covenant-light first-lien term loan talked at Libor plus 425 bps to 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; also $158 million privately placed second-lien term loan; help fund buyout by Charlesbank Capital Partners from Court Square Capital Partners; Little Rock, Ark., provider of outsourced shelf-edge information and media solutions.

VISTAGE: $40 million add-on term loan talked at Libor plus 550 bps, 1% Libor floor, OID 99; SunTrust; fund a dividend; San Diego-based for-profit membership organization of CEOs.

WILSONART LLC: $1.2 billion seven-year covenant-light term loan (B2/B+) talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; Deutsche Bank, Barclays, Citigroup, Credit Suisse, Goldman Sachs, Morgan Stanley and UBS; refinance existing term loans and fund a distribution to shareholders; Temple, Texas, engineered surfaces company.

WINDSTREAM HOLDINGS INC.: $600 million add-on term B-6 (NA/NA/BB+) due March 2021 at Libor plus 400 bps, 0.75% Libor floor, OID 99, 101 soft call for six months; JPMorgan; refinance debt at EarthLink Holdings Corp. in connection with merger; Little Rock, Ark., provider of advanced network communications and technology solutions.

WIREPATH HOME SYSTEMS LLC: Expected closing Dec. 21; $205 million credit facility; Antares Capital and Citizens Bank; $25 million five-year revolver; $180 million six-year term loan talked at Libor plus 500 bps, 1% Libor floor, OID 99, 101 soft call for six months; dividend recapitalization; Charlotte, N.C., developer and distributor of diversified home AV products to custom integrators in the audio/video, security and IT markets.

ZEBRA TECHNOLOGIES CORP.: Expected closing Dec. 6; $1.723 billion senior secured covenant-light term B due Oct. 27, 2021 at Libor plus 250 bps, 0.75% Libor floor, 101 soft call for six months; Morgan Stanley; repricing; Lincolnshire, Ill., provider of marking and printing technologies.

ZODIAC POOL SOLUTIONS SAS: $800 million credit facility; Credit Suisse, Bank of America, Deutsche Bank, Morgan Stanley and Nomura; $130 million ABL revolver; $500 million seven-year first-lien term loan (B3/B) talked at Libor plus 475 bps, 1% Libor floor, OID 99, 101 soft call for six months; $170 million eight-year second-lien term loan (Caa2/CCC+) talked at Libor plus 900 bps, 1% Libor floor, OID 98, call protection 102, 101; help fund buyout by Rhone from the Carlyle Group; Paris-based manufacturer of residential pool equipment and automation solutions.

On The Horizon

AMERICAN AXLE & MANUFACTURING HOLDINGS INC.: $2.45 billion senior secured credit facility; JPMorgan; $800 million revolver; $100 million term A; $1.55 billion term B; help fund acquisition of Metaldyne Performance Group Inc.; Detroit-based manufacturer and designer of driveline and drivetrain systems and related components and modules, chassis systems, electric drive systems and metal-formed products.

BC PARTNERS/MEDINA CAPITAL JOINT VENTURE: New debt financing; Citigroup, JPMorgan, Barclays, Credit Suisse, Jefferies, HSBC, Macquarie and Citizens; help fund acquisition of 57 data centers from CenturyLink Inc.; secure infrastructure company.

BERRY PLASTICS GROUP INC.: $500 million seven-year senior secured incremental term loan; Citigroup, Credit Suisse, Barclays, Deutsche Bank, Goldman Sachs and Wells Fargo; help fund acquisition of AEP Industries Inc.; Evansville, Ind., provider of value-added plastic consumer packaging and engineered materials.

BLUE NILE INC.: $225 million senior secured credit facility; Goldman Sachs; $50 million asset-based revolver; $175 million term loan; help fund buyout by Bain Capital Private Equity and Bow Street LLC; Seattle-based online jeweler.

BROADCOM LTD.: New debt financing; help fund acquisition of Brocade Communications Systems Inc.; San Jose, Calif., and Singapore-based designer, developer and supplier of semiconductor devices.

CENTURYLINK: New secured debt facilities; Bank of America and Morgan Stanley; $2 billion revolver; help fund acquisition of Level 3 Communications Inc.; Monroe, La., communications, hosting, cloud and IT services company.

CONSOLIDATED COMMUNICATIONS HOLDINGS INC.: $935 million seven-year senior secured incremental term loan expected at Libor plus 350 bps, 1% Libor floor, OID 99 (or $865 million secured term loan, and $70 million 7.5-year senior unsecured term loan expected at Libor plus 900 bps, 1% Libor floor, OID 98); Morgan Stanley, MUFG, TD Securities and Mizuho; help refinance debt at FairPoint Communications Inc. in connection with acquisition of FairPoint; Mattoon, Ill., broadband and business communications provider.

ELDORADO RESORTS INC.: $1.75 billion credit facility; JPMorgan; $300 million five-year revolver expected at Libor plus 300 bps; $1.45 billion seven-year covenant-light term B expected at Libor plus 325 bps, 1% Libor floor, 101 soft call protection for six months; help fund acquisition of Isle of Capri Casinos Inc.; Reno, Nev., casino entertainment company.

INNOSPEC INC.: $150 million term loan; Barclays, Credit Suisse, Lloyds Bank, National Westminster Bank, Wells Fargo and U.S. Bank; help fund acquisition of the European Personal Care and Home Care business of Huntsman Corp.; Englewood, Colo., specialty chemicals company.

LS POWER: $1.715 billion credit facility; Credit Suisse, Goldman Sachs, JPMorgan, RBC, Barclays and Macquarie; $175 million revolver; $1.54 billion term B; help fund acquisition of generation resources in the Northeastern United States, through its affiliate Helix Generation LLC, from TransCanada Corp.; New York-based developer, owner, operator and investor in power generation and electric transmission infrastructure.

ONVOY LLC: $705 million credit facility; Credit Suisse; $25 million revolver; $500 million first-lien term loan; $180 million second-lien term loan; merger with Inteliquent Inc. that will take place in connection with Inteliquent’s buyout by GTCR LLC; Plymouth, Minn., communications enabler.

OPEN TEXT CORP.: $1 billion seven-year first-lien term loan, 101 soft call for six months; Barclays; help fund acquisition of Dell EMC’s enterprise content division; Waterloo, Ont., software provider of enterprise information management.

PRIMO WATER CORP.: $196 million senior credit facility; Goldman Sachs; $10 million five-year revolver expected at Libor plus 550 bps; $186 million term loan expected at Libor plus 550 bps; help fund acquisition of Glacier Water Services Inc.; Winston-Salem, N.C., provider of purified bottled water, self-service refill water and water dispensers.

TEAMHEALTH HOLDINGS INC.: $3 billion senior secured credit facility; JPMorgan, Barclays, Bank of America and Morgan Stanley; $400 million revolver; $2.6 billion term loan; help fund buyout by Blackstone; Knoxville, Tenn., physician services organization.

TELEFLEX INC.: $750 million senior secured term loan; JPMorgan; help fund acquisition of Vascular Solutions Inc.; Wayne, Pa., provider of medical technologies.

ZAYO GROUP HOLDINGS INC.: New debt financing; help fund acquisition of Electric Lightwave; Boulder, Colo., provider of communications infrastructure services.


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