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Published on 3/16/2017 in the Prospect News Bank Loan Daily.

Bank Loan Calendar: $77.7856 billion deals being marketed

March Bank Meetings

ALIXPARTNERS LLP: Conference call March 17; $1.37 billion seven-year covenant-light term B (B2), 101 soft call for six months; Deutsche Bank; refinance existing term loan and fund a distribution to shareholders; New York-based performance improvement, corporate turnaround and financial advisory services firm.

GATES GLOBAL LLC: Conference call March 17; $300 million-equivalent add-on first-lien U.S. and euro term B (B+) due March 2024, 101 soft call for six months; Credit Suisse, Citigroup, Macquarie and Morgan Stanley; partially repay existing term B; also amending and extending existing U.S. and euro term B debt; Denver-based aftermarket-focused manufacturer of power transmission belts and fluid power products.

NTHRIVE INC.: Conference call March 17; $562 million term B due Oct. 20, 2022; Barclays and JPMorgan; repricing; patient to payment provider of revenue cycle management technology and services.

PPC INDUSTRIES: Bank meeting March 22; $517 million credit facility; Antares; $40 million five-year revolver; $360 million seven-year first-lien term loan; $117 million eight-year second-lien term loan; help fund acquisition of Pexco LLC; Alpharetta, Ga., provider of highly engineered consumable specialty plastics.

SPECTRUM BRANDS INC.: Conference call March 17; $1 billion term B; RBC and Deutsche Bank; repricing; Middleton, Wis., consumer products company.

ULTRA RESOURCES INC.: Bank meeting March 17; $600 million seven-year first-lien RBL term loan (Ba2); Barclays, Goldman Sachs and BMO; general corporate purposes and fund the repayment of certain claims under an approved plan; explorer, producer and distributor of oil and natural gas.

Upcoming Closings

ADVANCED INTEGRATION TECHNOLOGY LP: $107 million six-year incremental first-lien term loan (BB-) talked at Libor plus 550 bps, step to Libor plus 475 bps on July 23, 1% Libor floor, 101 soft call for six months; UBS; fund an acquisition; Plano, Texas, industrial automation and tooling company delivering turnkey factory integration to the aerospace industry.

ALLISON TRANSMISSION INC.: Expected closing March 24; $1.188 billion senior secured covenant-light term B due September 2022 at Libor plus 200 bps, 0% Libor floor, 101 soft call for six months; Citigroup; repricing; Indianapolis-based automatic transmission company and supplier of hybrid-propulsion systems.

ALTICE FINANCING: $425 million term B due 2025 talked at Libor plus 275 bps to 300 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; Credit Suisse, BNP Paribas, Deutsche Bank and JPMorgan; also €446 million term B due 2025 talked at Euribor plus 300 bps to 325 bps, 0% floor, 101 soft call for six months; refinance existing debt; Luxembourg-based cable and telecom company.

AMERICAN AXLE & MANUFACTURING HOLDINGS INC.: $2.45 billion senior secured credit facility (Ba2/BB/BB+); JPMorgan; $800 million five-year revolver; $100 million five-year term A; $1.55 billion seven-year term B at Libor plus 225 bps, 0.75% Libor floor, OID 99.75, 101 soft call; 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.

AMERICAN RESIDENTIAL SERVICES LLC: $50 million add-on first-lien term loan talked at Libor plus 400 bps, 1% Libor floor, OID 99.5; KeyBanc; also repricing existing first-lien term loan; fund acquisitions and pay down revolver; Memphis, Tenn., provider of heating, air conditioning, ventilation and plumbing services.

AMERICAN TELECONFERENCING SERVICES LTD.: $210 million of add-on term loans; Deutsche Bank, Barclays, Macquarie and SunTrust leading first-lien loan, Eaglehill leading second-lien loan; $140 million add-on first-lien term loan (B) due December 2021 talked at Libor plus 650 bps, 1% Libor floor, OID 98, 101 soft call for six months; $70 million add-on second-lien term loan due June 2022 at Libor plus 950 bps, 1% Libor floor, call protection 102, stepping down to 101 in November; repay revolver draw and seller note and fund a dividend to shareholders; Atlanta-based provider of audio conferencing, web and video collaboration solutions for businesses.

APPLE LEISURE GROUP: $950 million credit facility; Credit Suisse and Deutsche Bank; $125 million revolver (B2/B); $600 million seven-year covenant-light first-lien term loan (B2/B) at Libor plus 475 bps, 1% Libor floor, OID 97.5, 101 soft call; $225 million eight-year covenant-light second-lien term loan (Caa2/CCC+) at Libor plus 900 bps, 1% Libor floor, OID 96.5, call protection 103, 102, 101; help fund buyout by KKR and KSL Capital Partners from Bain Capital Private Equity; Philadelphia-based hospitality company.

ARAMARK CORP.: $1.75 billion term B (Ba1/BBB-) due 2024 at Libor plus 200 bps, step-down to Libor plus 175 bps when total leverage is less than 3x, 0% Libor floor, 101 soft call for six months; JPMorgan; refinance existing debt; Philadelphia-based professional services company that provides food, hospitality and facility management services as well as uniform and work apparel.

ARCTIC GLACIER LLC: $475 million credit facility (B2/B-); Credit Suisse, Citigroup and Societe Generale; $60 million revolver; $415 million seven-year covenant-light first-lien term loan at Libor plus 425 bps, 25 bps step-down at 4.25x first-lien leverage, 1% Libor floor, OID 99.5, 101 soft call for six months; help fund buyout by The Carlyle Group; Winnipeg-based manufacturer and distributor of packaged ice.

ASSOCIATED ASPHALT PARTNERS LLC: $325 million seven-year first-lien term B (B3) talked at Libor plus 550 bps to 575 bps, 1% Libor floor, OID 98.5, 101 soft call for six months; Credit Suisse, KeyBanc, SunTrust and Capital One; refinance existing debt; Roanoke, Va., operator of an asphalt terminalling, storage and distribution network.

ATOTECH BV: $1.65 billion credit facility (B+); Barclays, JPMorgan, Citigroup, Credit Suisse, HSBC, Nomura, RBC and Bank of China; $250 million five-year revolver; $1.4 billion seven-year covenant-light senior secured term B (split into $900 million B-1 and $500 million B-2 allocated to Bank of China) at Libor plus 300 bps, 1% Libor floor, OID 99.75, 101 soft call for six months; help fund buyout by The Carlyle Group from Total; manufacturer of specialty plating chemicals and equipment.

AVANTOR PERFORMANCE MATERIALS: $2.035 billion credit facility; Jefferies, KeyBanc and Guggenheim; $75 million five-year revolver (B1/B); $1.485 billion seven-year covenant-light first-lien term loan (including $60 million delayed-draw) (B1/B) at Libor plus 400 bps, 25 bps step-down at 5.25 times total net leverage, 1% Libor floor, OID 99.75 on new money, 101 soft call for six months; $475 million eight-year covenant-light second-lien term loan (including $20 million delayed-draw) (Caa1/CCC+) at Libor plus 825 bps, 1% Libor floor, OID 99, call protection 102, 101; refinance existing debt, fund a dividend and fund an acquisition; Center Valley, Pa., provider of performance materials and solutions for the life sciences and advanced technology markets.

AVAST SOFTWARE: $1.21 billion term B due September 2023 at Libor plus 325 bps, 1% Libor floor, 101 soft call for six months; Credit Suisse, Jefferies and Bank of America; also €445 million term B due September 2023 at Euribor plus 350 bps, 0% floor, 101 soft call for six months; reprice and extend existing term loans, and general corporate purposes; Prague-based maker of security software.

AVOLON: $5.5 billion in term loans (Ba2/BBB-); Morgan Stanley, UBS, Barclays, JPMorgan, BNP Paribas, Credit Agricole and SunTrust; $500 million 3.5-year term B-1 at Libor plus 225 bps, OID 99.75, 101 soft call for six months; $5 billion five-year term B-2 at Libor plus 275 bps, 0.75% Libor floor, OID 99.5, 101 soft call for six months; help fund acquisition of CIT Group Inc.’s commercial aerospace leasing business; Ireland-based provider of aircraft leasing and lease management services.

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.

BIG JACK’S HOLDINGS LP (JACK’S FAMILY RESTAURANT): $305 million senior secured credit facility (B3/B); RBC and Bank of America; $30 million five-year revolver; $275 million seven-year term B talked at Libor plus 425 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; refinance existing debt and fund a dividend; Alabama-based operator of premium quick-service restaurants.

BWAY CORP. (STONE CANYON INDUSTRIES LLC): $1.5 billion term loan (B2/B-) talked at Libor plus 325 bps to 350 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Bank of America, Goldman Sachs, BMO and Citigroup; help fund acquisition of Mauser Group NV from Clayton, Dubilier & Rice; Atlanta-based manufacturer of rigid metal and plastic containers.

CAMPING WORLD GOOD SAM: Expected closing March 17; $95 million add-on first-lien term loan due November 2023 at Libor plus 375 bps, 0.75% Libor floor, OID 99.75; Goldman Sachs; fund acquisitions; Lincolnshire, Ill., seller of RVs and supplier of RV parts, supplies and accessories.

CAPITAL AUTOMOTIVE LP: $2.005 billion senior secured credit facility; Barclays; $200 million five-year revolver (B1/B); $1.115 billion seven-year first-lien term loan (B1/B) talked at Libor plus 350 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $690 million eight-year second-lien term loan (B3/CCC+) talked at Libor plus 600 bps, 1% Libor floor, OID 99, call protection 102, 101; refinance existing bank debt, and fund a cash dividend to Brookfield Asset Management and its institutional partners; McLean, Va., provider of sale-leaseback capital to the automotive retail industry.

CBS RADIO: $500 million seven-year senior secured term B (Ba3/BB-) at Libor plus 275 bps, 0% Libor floor, 101 soft call for six months; Goldman Sachs, Morgan Stanley, Credit Suisse, Bank of America, Wells Fargo, JPMorgan, Citigroup and Deutsche Bank; refinance Entercom debt in connection with merger of CBS Radio and Entercom; Philadelphia-based radio broadcasting company.

COLE-PARMER INSTRUMENT CO.: $630 million credit facility; Jefferies, Antares and Golub; $40 million revolver (B2); $410 million covenant-light first-lien term loan (B2) at Libor plus 400 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $180 million pre-placed second-lien term loan (Caa2); help fund buyout by Golden Gate Capital from GTCR; Vernon Hills, Ill., provider of laboratory and industrial fluid handling products, instrumentation, equipment and supplies.

COLOGIX HOLDINGS INC.: $570 million senior secured credit facility; Barclays, TD Securities and Jefferies; $75 million revolver (B2/B+); $300 million seven-year covenant-light first-lien term loan (B2/B+) at Libor plus 300 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $60 million 4.75-year delayed-draw first-lien term loan (B2/B+) at Libor plus 300 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $135 million eight-year covenant-light second-lien term loan (Caa2/B-) at Libor plus 700 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund acquisition by Stonepeak Infrastructure Partners; Denver-based data center and interconnection solutions provider.

COMMERCIAL VEHICLE GROUP INC.: $175 million term B (B2/B); Bank of America; help refinance notes; New Albany, Ohio, supplier of cab-related products and systems for the commercial vehicle market.

CYXTERA TECHNOLOGIES INC. (COLORADO BUYER INC.): $1.275 billion credit facility; Citigroup (left on first-lien), JPMorgan (left on second-lien), Barclays, Credit Suisse, Jefferies, HSBC, Macquarie and Citizens; $150 million five-year revolver (Ba3/B+); $815 million seven-year covenant-light first-lien term loan (Ba3/B+) at Libor plus 300 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $310 million eight-year covenant-light second-lien term loan (B3/CCC+) at Libor plus 725 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund acquisition of 57 data centers from CenturyLink Inc. by BC Partners and Medina Capital; secure infrastructure company.

DOLE FOOD CO. INC.: $875 million seven-year term B (B1/B-) talked at Libor plus 325 bps to 350 bps, 25 bps step-down at 3.75x first-lien net leverage, 1% Libor floor, OID 99.5, 101 soft call for six months; Morgan Stanley, Bank of America, Deutsche Bank and Bank of Nova Scotia; refinance existing debt; Westlake Village, Calif., fruit and vegetables company.

DUBOIS CHEMICALS: $555 million credit facility; Antares Capital, BMO, Deutsche Bank and Bank of Ireland; $50 million six-year revolver (B1/B-); $300 million seven-year first-lien term loan (B1/B-) at Libor plus 375 bps, step-down to Libor plus 350 bps based on leverage, 1% Libor floor, OID 99.5, 101 soft call for six months; $75 million seven-year delayed-draw first-lien term loan (B1/B-); $130 million eight-year second-lien term loan (Caa1/CCC) at Libor plus 800 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund buyout by funds managed by the Jordan Co. LP; Sharonville, Ohio, provider of customized chemical solutions and services for mission critical business applications.

DYNACAST INTERNATIONAL: $280 million add-on first-lien term loan at Libor plus 325 bps, 1% Libor floor; JPMorgan, Barclays and Macquarie; help fund the acquisition of Signicast LLC; also repricing existing first-lien term loan to match add-on; Charlotte, N.C., manufacturer of precision engineered metal components.

ELDORADO RESORTS INC.: $1.75 billion credit facility (Ba3/BB); JPMorgan; $300 million five-year revolver; $1.45 billion seven-year covenant-light term B at Libor plus 225 bps, 0% Libor floor, 101 soft call for six months; help fund acquisition of Isle of Capri Casinos Inc.; Reno, Nev., casino entertainment company.

ELECTRO RENT CORP.: $635 million credit facility; Deutsche Bank, Barclays, BMO and Goldman Sachs; $85 million revolver (B3/B); $475 million seven-year covenant-light first-lien term loan (B3/B) at Libor plus 500 bps, 1% Libor floor, OID 98.5, 101 soft call; $75 million privately-placed second-lien term loan (Caa2/B-); help fund acquisition of Microlease from Lloyds Development Capital; Van Nuys, Calif.-based provider of specialty testing and measurement equipment services.

FORESIGHT ENERGY LLC: $995 million senior secured credit facility (B2/B/B+); Goldman Sachs, Huntington, Deutsche Bank and Citigroup; $170 million revolver; $825 million five-year term loan at Libor plus 575 bps, 1% Libor floor, OID 98.5, 101 soft call; refinance existing debt; St. Louis-based producer and marketer of thermal coal.

GARTNER INC.: $1.375 billion in term loans (Ba1/BB+); JPMorgan and Goldman Sachs; $900 million incremental term A at Libor plus 200 bps, 0% Libor floor; $500 million term B at Libor plus 200 bps, 0% Libor floor, OID 99.875, 101 soft call for six months; help fund acquisition of CEB Inc.; Stamford, Conn., information technology research and advisory company.

GAVILAN RESOURCES LLC: $450 million second-lien term loan (Caa1/BB-) at Libor plus 600 bps, 1% Libor floor, OID 99, non-call one, 102, 101; JPMorgan, Citigroup, Natixis, Macquarie and RBC; help fund acquisition by Sanchez Energy Corp. and Blackstone Energy Partners of Anadarko Petroleum Corp.’s working interest in acres in the Western Eagle Ford; oil and natural gas company.

GEO GROUP INC.: $800 million seven-year term B (BB+) at Libor plus 225 bps, 0.75% Libor floor, OID 99.5, 101 soft call for six months; BNP Paribas; repay existing term B and fund acquisition of Community Education Centers; Boca Raton, Fla., real estate investment trust specializing in the design, financing, development and operation of correctional, detention and community reentry facilities.

GREEKTOWN HOLDINGS LLC: $375 million seven-year covenant-light first-lien term B (B2/B+) talked at Libor plus 325 bps, 0.75% Libor floor, OID 99.5, 101 soft call for six months; Credit Suisse, Deutsche Bank, Goldman Sachs, Jefferies and Wells Fargo; refinance existing debt; gaming, hotel, dining and entertainment facility in Detroit.

GTA TELEGUAM: $170 million credit facility; BNP Paribas; $15 million five-year revolver talked at Libor plus 450 bps to 475 bps; $130 million six-year first-lien term loan talked at Libor plus 450 bps to 475 bps, 1% Libor floor, OID 99, 101 soft call for six months; $25 million seven-year second-lien term loan talked at Libor plus 800 bps to 825 bps, 1% Libor floor, OID 98, call protection 102, 101; help fund buyout by Huntsman Family Investments from Advantage Partners; Tamuning, Guam, provider of telecommunications services.

HARGRAY COMMUNICATIONS GROUP INC.: $480 million credit facility (B2/B+); Credit Suisse, SunTrust and Antares; $30 million revolver; $450 million seven-year covenant-light term B talked at Libor plus 350 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; help fund buyout by Tom Pritzker Family Business Interests, Redwood Capital Investments, Stephens Capital Partners and management; Hilton Head Island, S.C., broadband communications and entertainment provider.

HELIX GEN FUNDING LLC: $1.85 billion credit facility (Ba2/BB); Credit Suisse, Goldman Sachs, JPMorgan, RBC, Barclays, Macquarie, BNP Paribas and ICBC; $175 million revolver; $1.675 billion seven-year first-lien term B at Libor plus 375 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; help fund acquisition of generation resources in the Northeastern United States from TransCanada Corp.; operator of power generation facilities.

HIGHLINE AFTERMARKET: $292 million credit facility; BNP Paribas; $40 million five-year revolver; $252 million seven-year term loan talked at Libor plus 475 bps to 500 bps, 1% Libor floor, OID 99 on new money, 99.5 on old money, 101 soft call for six months; help fund the acquisition of Service Champ and refinance existing debt; manufacturer and distributor of packaged automotive chemicals, lubricants, and parts.

HORIZON PHARMA INC.: Expected closing March 29; $769 million seven-year senior secured covenant-light term B talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 99.75, 101 soft call for six months; Citigroup, Bank of America and JPMorgan; refinance existing debt; Dublin biopharmaceutical company.

INAP: $320 million credit facility (B3/B+); Jefferies; $20 million revolver; $300 million first-lien term loan talked at Libor plus 700 bps, 1% Libor floor, OID 98, 101 soft call; refinance existing debt; Atlanta-based provider of IT Infrastructure solutions.

INFOGROUP INC.: $280 million credit facility (B1/B+); Goldman Sachs and SunTrust; $30 million five-year revolver; $250 million six-year first-lien senior secured term loan talked at Libor plus 500 bps, 1% Libor floor, OID 99, 101 soft call for six months; help fund buyout by Court Square Capital Partners; Papillion, Neb., provider of data and data-driven marketing services.

INTERNET BRANDS INC.: $300 million covenant-light incremental first-lien term loan (including $100 million delayed-draw) (B1) due July 2021 talked at Libor plus 375 bps, step-up to Libor plus 400 bps based on leverage, 1% Libor floor, OID 99 to 99.5, 101 soft call for six months; Credit Suisse, KKR, RBC, Mizuho and Sumitomo; add cash to the balance sheet for future acquisitions; El Segundo, Calif., provider of vertically focused online media and software services.

KEYPOINT GOVERNMENT SOLUTIONS INC.: $220 million credit facility; Barclays; $10 million 4.5-year revolver; $210 million five-year senior secured term B at Libor plus 525 bps, 1% Libor floor, OID 99, 101 soft call; refinance existing term loan and fund a dividend; Loveland, Colo., provider of background investigative services for the federal government.

LAKEVIEW LOAN SERVICING LLC: $500 million five-year secured term loan talked at Libor plus 400 bps, 0.5% Libor floor; M&T and Fifth Third; fund the purchase of mortgage servicing rights and general corporate purposes; Coral Gables, Fla., mortgage finance company.

LAS VEGAS SANDS LLC: $2.183 billion seven-year term B talked at Libor plus 200 bps, 0% Libor floor, OID 99.875 to par, 101 soft call for six months; Bank of Nova Scotia, Barclays, Bank of America, BNP Paribas, Citigroup and Fifth Third; refinance existing term B; Las Vegas-based developer and operator of integrated resorts.

LIGHTSTONE HOLDCO LLC: $1.725 billion in term loans; Credit Suisse and Deutsche Bank; $1.625 billion covenant-light term B due January 2024 at Libor plus 450 bps, 1% Libor floor, 101 soft call for six months; $100 million term C due January 2024 at Libor plus 450 bps, 1% Libor floor, 101 soft call for six months; repricing; portfolio of four power generation facilities.

LUMILEDS: $1.15 billion seven-year covenant-light first-lien term loan (Ba3/B+) at Libor plus 450 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; Deutsche Bank, Credit Suisse, BNP Paribas, ING and Rabobank; help fund buyout by Apollo Global Management LLC from Royal Philips; supplier of LED components and automotive lighting.

NEUSTAR INC.: $1.65 billion in term loans; Bank of America (left on first-lien), UBS (left on second-lien), Jefferies, Credit Suisse, Mizuho, Societe Generale and Angel Island Capital; $350 million 2.5-year first-lien term B-1 (Ba3/BB) at Libor plus 325 bps, 0% Libor floor, 101 soft call for six months; $975 million seven-year first-lien term B-2 (Ba3/BB) at Libor plus 375 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $325 million eight-year second-lien term loan (B3/B-) at Libor plus 800 bps, 1% Libor floor, OID 98.5, call protection 102, 101; help fund buyout by Golden Gate Capital; Sterling, Va., provider of real-time information services.

NEXEO SOLUTIONS HOLDINGS LLC: $652 million covenant-light term B talked at Libor plus 375 bps to 400 bps, 0% Libor floor, 101 soft call for six months; Bank of America; repricing; Houston-based distributor of chemicals and plastics and provider of environmental services.

NN INC.: $300 million four-year incremental term loan (B+) talked at Libor plus 375 bps, 0% Libor floor, OID 99.5; SunTrust; refinance notes; Johnson City, Tenn., manufacturer and supplier of high precision metal bearing components, industrial plastic and rubber products and precision metal components.

ON SEMICONDUCTOR CORP.: $2.38 billion covenant-light term B due March 2023 talked at Libor plus 225 bps to 250 bps, 0% Libor floor, 101 soft call for six months; Deutsche Bank, Bank of America, HSBC, SMBC and BMO; repricing; expected closing March 31; Phoenix-based semiconductor company.

OUTFRONT MEDIA INC.: Expected closing March 23; $1.1 billion senior secured credit facility (Ba1/BB+); Morgan Stanley, Deutsche Bank, Credit Suisse, Goldman Sachs, Bank of America, Wells Fargo and MUFG; $430 million five-year revolver at Libor plus 200 bps; $670 million seven-year covenant-light first-lien term B at Libor plus 225 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; amend and extend existing revolver and term B, and upsize term B; New York-based out-of-home media company.

PEABODY ENERGY CORP.: $950 million five-year covenant-light first-lien senior secured term loan (Ba3) at Libor plus 450 bps, 1% Libor floor, OID 99.5, 101 hard call; Goldman Sachs, JPMorgan, Credit Suisse and Macquarie; help refinance existing debt in connection with exit from bankruptcy; St. Louis-based coal producer.

RADIO ONE INC.: $350 million six-year term B (B2/B), 1% Libor floor, 101 soft call for six months; Guggenheim; refinance existing term loan; Silver Spring, Md., urban-oriented, multi-media company.

RESOLUTE INVESTMENT MANAGERS: $75 million add-on first-lien term loan (Ba2) at Libor plus 450 bps, 1% Libor floor, OID 99.875, 101 soft call for six months; RBC and Barclays; help fund the acquisition of a controlling interest of Shapiro Capital Management LLC; Irving, Texas, provider of investment advisory services to institutional and retail markets.

RESTAURANT BRANDS INTERNATIONAL INC.: $1.3 billion incremental senior secured covenant-light term loan due Feb. 17, 2024 at Libor plus 225 bps, 1% Libor floor, OID 99.75; JPMorgan and Wells Fargo; help fund acquisition of Popeyes Louisiana Kitchen Inc.; Oakville, Ont., quick service restaurant company.

RGIS SERVICES LLC: $495 million credit facility (B3/CCC+); Goldman Sachs, JPMorgan and Natixis; $35 million five-year revolver; $460 million six-year first-lien term loan talked at Libor plus 800 bps, 1% Libor floor, OID 98.5, non-call one, 103, 101; refinance existing debt; Auburn Hills, Mich., provider of inventory services, data collection, insight, merchandising and optimization solutions.

SAFE-GUARD PRODUCTS INTERNATIONAL: $270 million in term loans; UBS, Goldman Sachs and Credit Suisse; $200 million seven-year first-lien term loan (B) talked at Libor plus 500 bps to 525 bps, 1% Libor floor, OID 99, 101 soft call for six months; $70 million pre-placed eight-year second-lien term loan (CCC+); refinance existing debt and fund a dividend; Atlanta-based specialty insurance company.

SESAC HOLDINGS: $565 million credit facility; Jefferies and Guggenheim; $40 million revolver (B2/B+); $385 million first-lien term loan (B2/B+) at Libor plus 325 bps, 1% Libor floor, OID 99.75, 101 soft call for six months; $140 million second-lien term loan (Caa2/CCC+) at Libor plus 725 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund buyout by Blackstone from Rizvi Traverse Management; Nashville, Tenn., music rights organization.

SILGAN HOLDINGS INC.: $800 million term A; help fund acquisition of WestRock Co.’s specialty closures and dispensing systems business; Stamford, Conn., supplier of rigid packaging for consumer goods products.

SPRINGER SCIENCE + BUSINESS MEDIA: $1.432 billion term B-12 due August 2022 talked at Libor plus 350 bps, 1% Libor floor, OID 99.875, 101 soft call for six months; Nomura; also €1.643 billion term B-11 due August 2022 talked at Euribor plus 325 bps to 350 bps, 0.5% floor, OID 99.875 to par, 101 soft call for six months; up to €250 million revolver due February 2022 talked at Libor/Euribor plus 325 bps; amendment and extension; Germany-based STM publisher that provides scientific, professional and academic media content.

STERLING TALENT SOLUTIONS: $493.6 million term B due June 19, 2022 talked at Libor plus 425 bps, 1% Libor floor, 101 soft call for six months; Goldman Sachs and KeyBanc; repricing; Seattle-based provider of background screening solutions.

TECHNICOLOR SA: €560 million-equivalent U.S. and euro senior secured term B due December 2023; Goldman Sachs, Morgan Stanley and Natixis; U.S. loan talked at Libor plus 275 bps to 300 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; euro loan talked at Euribor plus 300 bps to 325 bps, 0% floor, OID 99.75, 101 soft call for six months; refinance existing term debt; France-based technology company focused on the media and entertainment sector.

TMS INTERNATIONAL CORP.: $50 million add-on term loan talked at Libor plus 350 bps, 1% Libor floor; JPMorgan; acquisition funding and general corporate purposes; Glassport, Pa., provider of mill services for steelmakers.

TRADER CORP.: Expected closing March 28; $395 million first-lien term loan due September 2023 at Libor plus 325 bps, 1% Libor floor, 101 soft call for six months; Goldman Sachs, JPMorgan and Macquarie; repricing; Etobicoke, Ont., digital automotive marketplace.

UNITED AIRLINES INC.: $3.5 billion credit facility (Baa3/BB+); Barclays and JPMorgan; $2 billion five-year revolver; $1.5 billion seven-year term B talked at Libor plus 200 to 225 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; refinance existing bank debt and general corporate purposes; Chicago-based airline operator.

VALEANT PHARMACEUTICALS INTERNATIONAL INC.: Expected closing March 21; $3.06 billion incremental series F-3 term B (Ba3) due April 1, 2022 at Libor plus 475 bps, 0.75% Libor floor, OID 99.75 on new money, 101 soft call for two years; Barclays and Goldman Sachs; extend/refinance some series D-2, C-2 and E-1 term B loans; Laval, Quebec, specialty pharmaceutical company.

VENTIA FINCO PTY LTD.: A$827 million equivalent covenant-light term B (including A$120 million add-on) due May 21, 2022; Barclays, ANZ, Goldman Sachs, Credit Suisse and JPMorgan; U.S. piece talked at Libor plus 350 bps to 375 bps, 1% Libor floor, OID 99.5 on new money; Australian piece talked at BBSY plus 450 bps to 475 bps, OID 99.5 on new money; repricing, pay a distribution to shareholders and put cash on the balance sheet for future acquisitions; Australian-based infrastructure services company.

VERTIV: $2.245 billion term B talked at Libor plus 400 bps to 425 bps, 1% Libor floor, 101 soft call for six months; JPMorgan; repricing; Columbus, Ohio, provider of thermal management, A/C and D/C power, transfer switches, services and information management systems for the data center and telecommunications industries.

V.GROUP: $745 million credit facility; Goldman Sachs, HSBC, Citigroup, RBS and RBC; $57.5 million revolver (B1/B); $515 million seven-year senior secured term B (B1/B) at Libor plus 300 bps, step-down to Libor plus 275 bps at either when net first-lien leverage is below 4.25x or post IPO, 1% Libor floor, 101 soft call for six months; $172.5 million privately-placed second-lien term loan; help fund buyout by Advent International from Omers Private Equity; London-based marine and offshore vessel management and support services provider.

VIRTUS INVESTMENT PARTNERS INC.: $360 million senior secured credit facility (Ba1/BB+); Morgan Stanley, Barclays, JPMorgan and Bank of America; $100 million five-year revolver at Libor plus 375 bps; $260 million seven-year first-lien term B at Libor plus 375 bps, step-down to Libor plus 350 bps at less than 1x secured net leverage, 0.75% Libor floor, OID 99.5, 101 soft call for six months; help fund the acquisition of RidgeWorth Investments from Lightyear Capital LLC; Hartford, Conn., provider of investment management products and services.

VISTEON CORP.: Expected closing March 20 week; $350 million seven-year senior secured covenant-light term B (BB+) talked at Libor plus 225 bps, 0% Libor floor, OID 99.5 to 99.75, 101 soft call for six months; Citigroup, Bank of America, Barclays, UBS, SMBC and US Bank; amend and extend existing term B; Van Buren Township, Mich., designer and manufacturer of cockpit electronics products and connected car solutions for vehicle manufacturers.

YUM! BRANDS INC.: $1.99 billion term B talked at Libor plus 200 bps, 0% Libor floor, OID 99.875 to par; JPMorgan; repricing; Louisville, Ky., quick-service restaurant operator.

On The Horizon

AIR METHODS CORP.: $1.455 billion senior secured credit facility; Morgan Stanley, Barclays and RBC; help fund buyout by American Securities LLC; Englewood, Colo.-based provider of air medical transportation and air tourism.

ALBEA BEAUTY HOLDINGS SA: $921 million senior secured credit facility; BNP Paribas, Goldman Sachs, Credit Agricole and HSBC; $105 million six-year revolver; $816 million equivalent U.S. and euro seven-year covenant-light term B; refinance bonds, fund a return of capital to shareholders and repay some other existing debt; France-based packaging company for the make-up, fragrance, skincare, personal and oral care markets.

ALIPAY (ANT FINANCIAL): $1.85 billion senior secured term loan; Citigroup; help fund acquisition of MoneyGram; China-based mobile payment platform.

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.

CABLE ONE INC.: $650 million in incremental term loans; JPMorgan; $300 million incremental five-year term A; $350 million incremental seven-year term B; help fund acquisition of NewWave Communications; Phoenix-based cable company.

CAESARS ENTERTAINMENT CORP.: $1.435 billion senior secured credit facility; Credit Suisse and Deutsche Bank; $200 million five-year revolver; $1.235 billion seven-year term loan; help fund transactions under plan of reorganization, including debt repayment; Las Vegas-based casino-entertainment company.

CENTURYLINK: $8 billion senior secured credit facility; Bank of America, Morgan Stanley, MUFG, Barclays, JPMorgan, Wells Fargo, RBC, Goldman Sachs, SunTrust, Mizuho, Regions Bank, Fifth Third, Credit Suisse and U.S. Bank; $2 billion revolver estimated at Libor plus 275 bps; $1.5 billion term A estimated at Libor plus 275 bps; $4.5 billion term B estimated at Libor plus 400 bps, 0.75% Libor floor; help fund acquisition of Level 3 Communications Inc.; Monroe, La., communications, hosting, cloud and IT services company.

CONSTELLIS: New debt financing; Credit Suisse, Barclays, Citigroup and Goldman Sachs; help fund acquisition of Centerra Group LLC from Alvarez & Marsal Capital and refinance existing debt; Reston, Va., provider of operational support and risk management services to government and commercial clients.

DH CORP.: New debt financing; Morgan Stanley, Barclays, Citigroup, Macquarie and Nomura; help fund buyout by Vista Equity Partners and combination with Misys; Toronto-based financial technology provider.

EXELA TECHNOLOGIES: New debt financing; RBC and Credit Suisse; help fund creation through merger of Quinpario Acquisition Corp. 2, SourceHOV LLC and Novitex Holdings Inc.; solutions provider for financial technology and business services.

HARRIS GOVERNMENT IT SERVICES: $350 million term loan; Macquarie; help fund buyout by Veritas Capital; Herndon, Va., provider of communications, engineering and IT solutions for Intelligence, defense and federal civilian customers.

INTEGRA LIFESCIENCES HOLDINGS CORP.: New senior secured term loan; Bank of America and JPMorgan; help fund acquisition of Johnson & Johnson’s Codman Neurosurgery business; Plainsboro, N.J., medical technology company.

KEYW HOLDING CORP.: $135 million five-year term loan; RBC; help fund acquisition of Sotera Defense Solutions; Hanover, Md.-based total solutions provider for the Intelligence, Cyber and Counterterrorism communities.

MACDONALD, DETTWILER AND ASSOCIATES LTD. (MDA): New debt financing; RBC and Bank of America; help fund acquisition of DigitalGlobe Inc.; communications and information company.

TEMPO ACQUISITION LLC: New debt financing; Bank of America, Barclays, Credit Suisse, Citigroup, Macquarie, Deutsche Bank and Morgan Stanley; help fund buyout of Aon plc’s technology-enabled benefits and human resources platform by Blackstone; services provider for cloud-based HR management systems.

TERRAFORM POWER INC.: New debt financing; BMO, Bank of Nova Scotia, Natixis and RBC; refinance existing debt in connection with merger with BRE TERP Holdings Inc.; Bethesda, Md., owner and operator of clean energy power plants.


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