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Published on 4/12/2017 in the Prospect News Bank Loan Daily.

Bank Loan Calendar: $76.7637 billion deals being marketed

April Bank Meetings

ALVOGEN PHARMA US INC.: $350 million incremental term loan due April 2, 2022; Jefferies; pay down ABL revolver borrowings and general corporate purposes; developer and manufacturer of generic drugs, and provider of contract manufacturing, development and research services to large branded pharma companies.

CAESARS GROWTH PROPERTIES HOLDINGS, LLC $1,318,000,000 first lien term loans due May 2021: $1,143,000,000 repricing at Libor plus 325 bps (from 525 bps), 1% Libor floor, at 99.75 to par, Also $175 million incremental loan at Libor plus 325 bps, 1% Libor floor, at 99.75 to par; reset six month soft call; Credit Suisse; to reprice term loan and refinance Cromwell term loan; casino properties owner; lender call April 12; commitments due April 20.

EVERI PAYMENTS INC.: Bank meeting April 13; $855 million credit facilities; Jefferies; $35 million five-year revolver; $820 million seven-year senior secured first-lien term loan, 101 soft call for six months; refinance existing term loan and notes; Las Vegas-based provider of video and mechanical reel gaming content and solutions, integrated gaming payment solutions, and compliance and efficiency software solutions.

INDUSTRIAL CONTAINER SERVICES: $465 million credit facilities (B2/B); Goldman Sachs; $40 million revolver; $425 million seven-year first-lien term loan/delayed-draw term loan, price talk Libor plus 400 to 425 bps, 1% Libor floor, at 99.5, six month soft call at 101, 1% annual amortization ($360 million to be funded, $65 million delayed draw); help fund buyout by Centerbridge; Maitland, Fla., provider of steel industrial container reconditioning; commitments due April 25.

KINDERCARE (KUEHG CORP.): $884 million first lien term loan due Aug. 13, 2022 (B1/B); Credit Suisse; Libor plus 350 to 375 bps (from 425 bps), 1% Libor floor, at par, 101 soft call for six months; repricing; formerly known as Knowledge Universe, is a Portland, Ore.-based provider of early childhood care and education services; lender call 10 a.m. ET April 12; commitments due April 20.

MATERIAL HANDLING SYSTEMS INC. (MHS): Bank meeting April 13; $265 million credit facilities; RBC; $25 million revolver; $240 million first-lien term loan; Louisville, Ky., provider of advanced parcel sortation systems, engineering, software controls, and equipment manufacturing for logistics and e-Commerce companies.

OXBOW CARBON LLC: Bank meeting April 12; $350 million term B; Bank of America; refinance existing term loan; West Palm Beach, Fla., recycler of refinery and natural gas byproducts.

RADIO SYSTEMS CORP.: Bank meeting April 12; $300 million seven-year term B; Fifth Third; refinance existing debt; Knoxville, Tenn., manufacturer of pet products.

VARSITY BRANDS: $1,003,000,000 first lien term loan due Dec. 2021; Goldman Sachs (left books), Barclays, Jefferies (books); price talk Libor plus 325 bps (presently 400 bps), 1% Libor floor at par, 101 soft call protection for six months, 1% annual amortization; repricing; Memphis-based provider of sports, cheerleading and achievement-related products to schools; commitments due April 19.

WORLD KITCHEN (WKI HOLDING CO. INC.): $200 million seven-year senior secured first lien term loan B (B1/BB-); Citigroup (administrative agent, left joint lead arranger), BMO (joint lead arranger); price talk Libor plus 450 to 475 bps, 1% Libor floor at 99; 101 soft call for six months, 1% annual amortization; help fund buyout by Cornell Capital LLC; Rosemont, Ill., manufacturer and marketer of housewares; commitments due April 20, expected to close May 1.

Upcoming Closings

A WIRELESS: $580 million senior secured credit facilities; UBS, Goldman Sachs, SunTrust and Jefferies; $510 million six-year first-lien term B (Ba3/B) talked at Libor plus 650 bps, 1% Libor floor, OID 98.5, 101 soft call; $70 million ABL revolver; refinance existing debt; authorized retailer for Verizon Wireless with corporate offices in Greenville, N.C. and Eden Prairie, Minn.

AIR METHODS CORP.: $1.195 billion senior secured credit facilities (B+); RBC, Morgan Stanley, Barclays, Citigroup and Jefferies; $125 million five-year revolver; $1.07 billion seven-year first-lien term B talked at Libor plus 375 bps, 1% Libor floor, OID 99, 101 soft call for six months; 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 facilities (B2/B); BNP Paribas, Goldman Sachs, Credit Agricole and HSBC; $105 million six-year revolver; $408 million seven-year covenant-light term B talked at Libor plus 375 bps (from 375 to 400 bps), 1% Libor floor, OID 99.5, 101 soft call for six months; $408 million euro-equivalent seven-year covenant-light term B talked at Euribor plus 400 bps, 0% floor, OID 99.5, 101 soft call for six months; 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.

ALLIED UNIVERSAL HOLDCO LLC: $1.51 billion in term loans (B2/B+); Credit Suisse; $1.41 billion first-lien term loan due July 28, 2022 talked at Libor plus 350 bps to 375 bps, 1% Libor floor, 101 soft call for six months; $100 million first-lien delayed-draw term loan due July 28, 2022 talked at Libor plus 350 bps to 375 bps, 1% Libor floor, OID 99.5; repricing and fund pending tuck-in acquisitions; Santa Ana, Calif., contract security services company.

AMC ENTERTAINMENT HOLDINGS INC.: $869.6 million senior secured term loan B due Dec. 15, 2022 and $500 million senior secured term loan B due Dec. 15, 2023 (both Ba1/BB); Citigroup; both tranches talked at Libor plus 225 bps, 0% Libor floor, at par, 101 soft call protection for six months; repricing; Leawood, Kan., movie exhibitor; existing lender commitments due April 18, new lender commitments due April 19, expected to close May 9.

AMERICAN BUILDERS &CONTRACTORS SUPPLY CO. INC.: Expected closing May 1; $1.875 billion covenant-light term B (B1/BB+) due Oct. 31, 2023 at Libor plus 250 bps, 0.75% Libor floor, 101 soft call for six months; Deutsche Bank; repricing; Beloit, Wis., building products distributor.

ARRIS GROUP INC.: $544 million term loan talked at Libor plus 250 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Bank of America and SunTrust; refinance existing debt; Suwanee, Ga., telecommunications company.

AUTHENTIC BRANDS GROUP: $115 million in add-on term loans; Bank of America; $90 million add-on first-lien term loan (B+) talked at Libor plus 400 bps, 1% Libor floor, OID 99.75; $25 million add-on second-lien term loan (CCC+) talked at Libor plus 850 bps, 1% Libor floor, OID 99.5 to 99.75; New York-based brand development and licensing company.

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.

BLOUNT INTERNATIONAL INC.: $471.4 million term B due April 12, 2023 talked at Libor plus 500 bps to 525 bps, 1% Libor floor, 101 soft call for six months; Barclays; repricing; Portland, Ore., manufacturer and marketer of outdoor power equipment.

BLUCORA INC.: $425 million credit facilities (B1/BB-); Credit Suisse, KeyBanc and SunTrust; $50 million revolver; $375 million seven-year covenant-light first-lien term loan, talked at Libor plus 400 bps to 425 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; refinance existing first-lien term loan and a convertible note; Bellevue, Wash., technology-enabled financial solutions provider focused on tax preparation and financial advisory services.

BRIGHT HORIZONS FAMILY SOLUTIONS INC.: $1.072 billion term B (Ba3) talked at Libor plus 225 bps, 0.75% Libor floor, OID 99.875 to par; JPMorgan; repricing; Watertown, Mass., provider of employer-sponsored child care, back-up care, early education, educational advisory services and other work/life services.

CABLE ONE INC.: $650 million in incremental term loans (Ba2/BBB-); JPMorgan; $300 million incremental five-year term A; $350 million incremental seven-year term B talked at Libor plus 250 bps to 275 bps, 0% Libor floor, OID 99.5; help fund acquisition of NewWave Communications; Phoenix-based cable company.

CAESARS ENTERTAINMENT CORP.: $1.435 billion senior secured credit facilities (Ba3/BB); Credit Suisse, Deutsche Bank, Barclays, Citigroup, Goldman Sachs, JPMorgan, Morgan Stanley and UBS; $200 million five-year revolver; $1.235 billion seven-year covenant-light term B at Libor plus 250 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; exit financing; Las Vegas-based casino-entertainment company.

CASELLA WASTE SYSTEMS INC.: Expected closing April 17; $350 million term B at Libor plus 275 bps, step-down to Libor plus 250 bps when consolidated net leverage is 3.75x, 101 soft call for six months; Bank of America and JPMorgan; repricing; Rutland, Vt., solid waste, recycling and resource management services company.

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.

CCC INFORMATION SERVICES INC.: $1.475 billion senior secured credit facilities; Jefferies (left on first-lien) and Nomura (left on second-lien); $100 million five-year revolver (B2/B); $1 billion seven-year covenant-light first-lien term loan (B2/B) at Libor plus 300 bps, 1% Libor floor, OID 99.75, 101 soft call for six months; $375 million eight-year covenant-light second-lien term loan (Caa2/CCC) at Libor plus 675 bps, 1% Libor floor, OID 99.25, call protection 102, 101; help fund buyout by Advent International from Leonard Green Partners and Texas Pacific Group and refinance existing debt; Chicago-based provider of mission-critical infrastructure to the automotive insurance and claim industry through its integrated software, data, analytics and workflow management systems.

CEDAR FAIR LP: $750 million term B (Ba1/BBB-) at Libor plus 225 bps, 0% Libor floor, 101 soft call for six months; JPMorgan; refinance existing debt and general corporate purposes; Sandusky, Ohio, regional amusement-resort operator.

CHECKERS DRIVE-IN RESTAURANTS INC.: $305 million credit facilities; Jefferies, Antares, KeyBanc and Citizens; $25 million revolver (B1); $192.5 million seven-year first-lien term loan (B1) talked at Libor plus 425 bps, 1% Libor floor, OID 99, 101 soft call for six months; $87.5 million eight-year second-lien term loan; help fund buyout by Oak Hill Capital Partners from Sentinel Capital Partners; Tampa, Fla., operator and franchisor of drive-thru hamburger quick-service restaurants.

CITYCENTER HOLDINGS LLC: $1.725 billion credit facilities (BB-); Bank of America; $125 million revolver; $1.6 billion term loan at Libor plus 250 bps, 0.75% Libor floor, OID 99.5, 101 soft call for six months; refinance existing term loan and fund a dividend; urban mixed-use development on the Las Vegas Strip.

CONSTELLIS: $1.015 billion credit facilities; Credit Suisse, Barclays, Citigroup, Jefferies and Goldman Sachs; $75 million revolver (B2/B+); $725 million seven-year covenant-light first-lien term loan (B2/B+) talked at Libor plus 475 bps to 500 bps, 1% Libor floor, OID 99, 101 soft call for six months; $215 million eight-year covenant-light second-lien term loan (Caa2/B-) talked at Libor plus 875 bps to 900 bps, 1% Libor floor, OID 98.5, call protection 102, 101; 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.

CVENT INC.: $420 million first-lien term B due November 2023 talked at Libor plus 400 bps, 1% Libor floor, 101 soft call for six months; Goldman Sachs, Antares, Jefferies and RBC; repricing; Tysons Corner, Va., software-as-a-service solutions provider to the enterprise meetings and event management industry.

CYXTERA TECHNOLOGIES INC. (COLORADO BUYER INC.): $1.275 billion credit facilities; 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.

DEALOGIC: $328.3 million term loan (B2/B+) at Libor plus 325 bps, 1% Libor floor, OID 99.5, 101 soft call; JPMorgan; refinance existing debt; UK-based provider of data and analytics, market intelligence and capital markets software solutions for financial institutions.

DIEBOLD NIXDORF: $545 million term loan (BB-) talked at Libor plus 275 bps to 300 bps, 0% Libor floor; JPMorgan; also €348 million term loan (BB-) talked at Euribor plus 300 bps to 325 bps, 0% floor; repricing; North Canton, Ohio, provider of self-service delivery, value-added services and software primarily to the financial industry.

DYNAGAS LNG PARTNERS (ARCTIC LNG CARRIERS LTD.): $480 million six-year first-lien term B (B1/BB-) talked at Libor plus 425 bps to 450 bps, 1% Libor floor, OID 99, 101 soft call; Credit Suisse and Barclays; refinance existing bank facilities; Monaco-based master limited partnership that owns six liquefied natural gas carriers employed on multi-year charters.

EDGEWOOD PARTNERS INSURANCE CENTER INC.: $275 million term B (B3) talked at Libor plus 450 bps to 475 bps, 1% Libor floor, OID 99.75; JPMorgan; refinance existing debt and general corporate purposes; San Francisco-based insurance brokerage and consulting company.

ELDORADO RESORTS INC.: $1.75 billion credit facilities (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.

ENDO INTERNATIONAL PLC: $2.965 billion term B (Ba2/BB) talked at Libor plus 400 bps to 425 bps, 0.75% Libor floor, OID 99.5; JPMorgan; also new revolver; refinance existing debt and general corporate purposes; Dublin, Ireland, specialty pharmaceutical company.

FIAT CHRYSLER AUTOMOBILES NV (FCA US LLC): Roughly $1 billion term loan due 2018 talked at Libor plus 200 bps, 0% Libor floor; JPMorgan; repricing; Auburn Hills, Mich., automaker.

FIRST EAGLE HOLDINGS INC.: Expected closing April 12; $1.527 billion senior secured covenant-light term B due Dec. 1, 2022 at Libor plus 350 bps, 0.75% Libor floor, 101 soft call for six months; Morgan Stanley, HSBC, Citigroup and Bank of America; repricing; New York-based independent, privately held asset management firm.

FORTERRA FINANCE LLC: $1.245 billion first-lien term loan (including $200 million incremental) (B1/B) due October 2023 at Libor plus 300 bps, 1% Libor floor, 101 soft call protection for six months; Credit Suisse; repay existing ABL facility and repricing; Irving, Texas, manufacturer of drainage and water transmission pipe and products.

GARDA WORLD SECURITY CORP.: $1.22 billion credit facilities (B1/B/BB+); Barclays, Citigroup, Macquarie, TD Securities and Societe Generale; $240 million revolver; $980 million-equivalent U.S. and Canadian senior secured term loan, U.S. tranche talked at Libor plus 350 bps, 1% Libor floor, OID 99 to 99.5, 101 soft call for six months, Canadian tranche talked at CDOR plus 425 bps, 1% floor, OID 99 to 99.5, 101 soft call for six months; help fund a refinancing and recapitalization; Montreal-based provider of cash logistics and security solutions.

GLOBAL PAYMENTS INC.: $1 billion term B talked at Libor plus 200 bps to 225 bps, 0% Libor floor; Bank of America, MUFG, PNC, JPMorgan, SunTrust and Fifth Third; reprice/refinance term B and pay down term A; Atlanta-based provider of payment technology services.

GROSVENOR CAPITAL MANAGEMENT: $90 million add-on first-lien term loan due August 2023 talked at Libor plus 300 bps, 1% Libor floor, OID 99 to 99.5, 101 soft call for six months; Goldman Sachs and UBS; help refinance existing term loan due 2021; Chicago-based independent alternative asset management firm.

GTA TELEGUAM: $170 million credit facilities; BNP Paribas; $15 million five-year revolver (B1/BB-) at Libor plus 500 bps; $130 million six-year first-lien term loan (B1/BB-) at Libor plus 500 bps, 1% Libor floor, OID 98.5, 101 soft call for six months; $25 million seven-year second-lien term loan (Caa1/B-) at Libor plus 850 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 facilities (B2/B+); Credit Suisse, SunTrust and Antares; $30 million revolver; $450 million seven-year covenant-light term B at Libor plus 300 bps, 25 bps step-down at 4.75x secured net leverage, 1% Libor floor, OID 99.75, 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 facilities (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.

INFOGROUP INC.: $280 million credit facilities (B1/B+); Goldman Sachs and SunTrust; $30 million five-year revolver; $250 million six-year first-lien senior secured term loan 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.

INMAR: $830 million credit facilities; Credit Suisse and Wells Fargo; $75 million revolver (B1/B); $580 million seven-year covenant-light first-lien term loan (B1/B) talked at Libor plus 375 bps, 1% Libor floor, OID 99, 101 soft call for six months; $175 million eight-year covenant-light second-lien term loan (Caa1/CCC+) talked at Libor plus 825 bps, 1% Libor floor, OID 98.5, call protection 102, 101; help fund buyout by Omers Private Equity and management from ABRY Partners; Winston-Salem, N.C., provider of technology-enabled promotion and inventory, logistics and settlement 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.

IPAYMENT INC.: $330 million term B (B1) at Libor plus 600 bps, 1% Libor floor, OID 99, 101 soft call for six months; JPMorgan; refinance existing debt; New York-based provider of credit and debit card payment processing services to small merchants.

KEMET CORP.: $345 million senior secured covenant-light term B (B3/B) talked at Libor plus 550 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; Bank of America; help refinance notes; Simpsonville, S.C., supplier of electronic components.

LANDRY’S INC.: $1.284 billion senior secured first-lien term loan due Oct. 4, 2023 talked at Libor plus 250 bps to 275 bps, 0.75% Libor floor, 101 soft call for six months; Jefferies, Deutsche Bank and Citigroup; repricing; Houston-based diversified restaurant, hospitality and entertainment company.

LAUREATE EDUCATION INC.: $1.6 billion seven-year term B (B2/B) talked at Libor plus 425 bps to 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; JPMorgan, Citigroup and Goldman Sachs; help refinance existing bank debt and notes; Baltimore-based network of degree-granting higher education institutions.

LIBERTY CABLEVISION OF PUERTO RICO LLC: Expected closing April 17 week; $85 million add-on first-lien term B (B2/B) due Jan. 7, 2022 at Libor plus 350 bps, 1% Libor floor, OID 99.5; Morgan Stanley and Scotia; refinance second-lien term loan borrowings; cable TV service provider in Puerto Rico.

MAGNOLIA: $390 million credit facilities (B1/B); Macquarie; $40 million revolver; $350 million seven-year term B talked at Libor plus 500 bps to 550 bps, 1% Libor floor, OID 99, 101 soft call for six months; help fund buyout of Harris Corp.’s government IT services business by Veritas Capital Fund Management LLC; Herndon, Va., provider of communications, engineering and IT solutions for intelligence, defense and federal civilian customers.

MAXLINEAR INC.: $425 million secured seven-year covenant-light term B (Ba3/BB-) talked at Libor plus 275 bps to 300 bps, 0.75% Libor floor, OID 99.5, 101 soft call for six months; JPMorgan and Deutsche Bank; help fund acquisition of Exar Corp.; Carlsbad, Calif., provider of integrated radio frequency and mixed-signal integrated circuits for the connected home and wired and wireless infrastructure markets.

MICHAEL BAKER INTERNATIONAL: $450 million seven-year covenant light term loan B (B2/B+), price talk Libor plus 425 bps, 0.75% Libor floor at 99, 101 six-month soft call (springing maturity makes loan due Jan. 1, 2019 in the event that the 8 7/8% holdco notes due 2019 have not been fully repaid by that time; Barclays; refinance some existing debt and preferred equity; Pittsburgh-based provider of engineering, development, intelligence and technology solutions; commitments due April 25.

MICRO FOCUS INTERNATIONAL PLC: $5.5 billion credit facilities (B1/BB-); JPMorgan, Barclays, HSBC, Natwest and Bank of America; $500 million revolver; $412 million covenant-light term C due November 2019 talked at Libor plus 225 bps, 0% Libor floor; $1.103 billion covenant-light term B-2 due November 2021 talked at Libor plus 250 bps, 0% Libor floor; $3.485 billion-equivalent seven-year term B-3 (minimum tranche size of $500 million-equivalent in either dollars or euros) talked at Libor/Euribor plus 300 bps to 325 bps, 0% floor, OID 99.5; amend and reprice existing term C and term B-2, fund acquisition of Hewlett Packard Enterprise’s software business segment, fund a return value to shareholders and general corporate purposes; Newbury, U.K., enterprise software company.

NBG ACQUISITION INC.: $265 million seven-year covenant-light first-lien term loan (B1/B) talked at Libor plus 500 bps, 1% Libor floor, OID 99, 101 soft call for six months; Deutsche Bank and KKR; help fund buyout by Sycamore from Kohlberg & Co.; supplier of home décor products.

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.

NIELSEN FINANCE LLC: Expected closing April 13; $2.25 billion covenant-light term B-4 due Oct. 4, 2023 at Libor plus 200 bps, 0% Libor floor, 101 soft call for six months; Citigroup; reprice term B-3 and pay down term A; New York and Netherlands-based provider of information and insights into what consumers watch and buy.

NOMAD FOODS LTD.: €1.05 billion-equivalent in two-part seven-year first lien loan (B1/BB-); $510 million talked Libor plus 275-300 bps, 0% Libor floor, at 99.50, €500 million talked Euribor plus 300-325 bps, with no Euribor floor, at 99.75 to par; Goldman Sachs (left on U.S.), Credit Suisse, Deutsche Bank and UBS; both tranches 101 soft call for six months; also €80 million six-year revolver; help refinance existing loans and notes; Feltham, England, frozen foods company; commitments due April 20.

NORTHSTAR TRAVEL GROUP: $58 million add-on first-lien term loan talked at Libor plus 625 bps, 1% Libor floor, OID 99, 101 soft call for six months; Macquarie; fund an acquisition; Secaucus, N.J., provider of business-to-business information, content, events, data, research, custom content and software dedicated to the global travel and meeting industries.

NTHRIVE INC.: Expected closing April 21; $562 million term B due Oct. 20, 2022 at Libor plus 450 bps, 1% Libor floor, 101 soft call for six months; Barclays and JPMorgan; repricing; patient to payment provider of revenue cycle management technology and services.

PLAYA RESORTS HOLDING BV: Expected closing April 24 week; $530 million seven-year covenant-light term B (B2/BB-) at Libor plus 300 bps, 1% Libor floor, OID 99.75, 101 soft call for six months; Deutsche Bank, Bank of America, Citigroup and Nomura; refinance existing term loan and to pay down some senior notes; Fairfax, Va., owner, operator, and developer of all-inclusive resorts.

PPC INDUSTRIES: $517 million credit facilities; Antares; $40 million five-year revolver (B2); $360 million seven-year covenant-light first-lien term loan (B2) at Libor plus 350 bps, 1% Libor floor, OID 99.875, 101 soft call for six months; $117 million eight-year second-lien term loan (Caa2) at Libor plus 800 bps, 1% Libor floor, OID 99, call protection 102; help fund acquisition of Pexco LLC; Alpharetta, Ga., provider of highly engineered consumable specialty plastics.

QLIK TECHNOLOGIES INC.: $1.07 billion senior secured credit facilities (B3/B); Morgan Stanley and Goldman Sachs; $75 million five-year revolver talked at Libor plus 350 bps to 375 bps, 0% Libor floor; $995 million seven-year covenant-light term B talked at Libor plus 350 bps to 375 bps, 1% Libor floor, OID 99 to 99.5, 101 soft call for six months; refinance existing debt and general corporate purposes; Radnor, Pa., visual analytics company.

RADIO ONE INC.: Expected closing April 18; $350 million six-year term B (B2/B) at Libor plus 400 bps, 1% Libor floor, OID 99, 101 soft call for six months; Guggenheim; refinance existing term loan; Silver Spring, Md., urban-oriented, multi-media company.

RHODIA ACETOW: €630 million-equivalent credit facilities (B1/B+); Credit Suisse, Barclays, Deutsche Bank, Goldman Sachs, UBS, RBS and Bank of America; €65 million five-year revolver; €367 million U.S. dollar equivalent seven-year covenant-light term loan talked at Libor plus 500 bps, 1% Libor floor, OID 99; €198 million seven-year covenant-light term loan talked at Euribor plus 450 bps, 1% floor, OID 99; help fund buyout by Blackstone; producer of cellulose acetate flakes and acetate tow.

RYMAN HOSPITALITY PROPERTIES (RHP HOTEL PROPERTIES LP): RYMAN HOSPITALITY PROPERTIES (RHP HOTEL PROPERTIES LP): Conference call April 11; $1.3 billion credit facilities (Ba3); Deutsche Bank and Wells Fargo; $400 million seven-year covenant-light term B, price talk Libor plus 225 to 250 bps, 0% Libor floor, at 99.75, 101 six-month soft call; $200 million term A; extended $700 million revolver; refinance existing term B and pay down some revolver borrowings; Nashville, Tenn., real estate investment trust specializing in group-oriented, destination hotel assets in urban and resort markets; commitment due April 18.

SEQUA CORP.: SEQUA CORP.: $1.385 billion senior secured credit facilities; Barclays; $135 million revolver (B3/NA/B) inceased from $1.085 billion; $900 million 4.5-year covenant-light first-lien term B (B3/B-/B) talked at Libor plus 575 bps, 1% Libor floor, OID 99, 101 soft call, upsized from $600 million; $350 million five-year covenant-light second-lien term loan (Caa2/CCC/CCC) talked at Libor plus 1,000 bps to 1,050 bps, 1% Libor floor, OID 98, non-call one, 103, 102, 101; recapitalization/refinancing of existing debt; Palm Beach Gardens, Fla., aerospace and diversified industrial company; final commitments due April 13.

SERTA SIMMONS BEDDING: $1.95 billion first-lien term B due November 2023 talked at Libor plus 275 bps to 300 bps, 1% Libor floor, 101 soft call for six months; UBS; repricing; Atlanta-based manufacturer and distributor of mattresses.

STANDARDAERO AVIATION HOLDINGS INC.: STANDARDAERO AVIATION HOLDINGS INC.: $240 million incremental term loan due July 7, 2022 and $911,125,000 repriced term loan due July 7, 2022; Libor plus 375 bps, repriced from 425 bps, at par for current lenders, 99.5 for new money, 101 soft call protection for six months; Jefferies; used to fund the acquisition of PAS International Holdings, repay debt and general corporate purposes; Scottsdale, Ariz., provider of aircraft engine maintenance, repair and overhaul services; repricing commitments due April 18; new money commitments due April 20.

STATION CASINOS LLC: $250 million add-on term B (B1) talked at Libor plus 250 bps, 0.75% Libor floor, OID 99.5; JPMorgan; redeem notes; Las Vegas-based casino company.

TALEN ENERGY SUPPLY LLC: Expected closing April 13; $1.1 billion in term loans (Ba1/BB); Morgan Stanley, Goldman Sachs, Deutsche Bank, MUFG and Credit Suisse on term B-1; Morgan Stanley, Goldman Sachs, Deutsche Bank, MUFG, Credit Suisse and RBC on term B-2; $600 million covenant-light term B-1 due July 2023 at Libor plus 400 bps, 1% Libor floor, 101 soft call for six months; $500 million secured covenant-light term B-2 due April 2024 at Libor plus 400 bps, 1% Libor floor, OID 99, 101 soft call for six months; amend, reprice and extend existing term B and refinance some debt; Allentown, Pa., competitive energy and power generation company.

TECOMET (TECOSTAR HOLDINGS INC.): TECOMET (TECOSTAR HOLDINGS INC.): $835 million credit facilities; Jefferies, Antares and KKR; $70 million ABL revolver; $540 million seven-year first-lien term loan (B) talked at Libor plus 375 bps with a 25 bps step-down at if net leverage drops to 4.0 times (0.5 times inside of closing), decreased from 400 bps, 1% Libor floor, OID 99.5 (from 99), 101 soft call for six months; $225 million pre-placed second-lien term loan (CCC+) ; help fund buyout by Charlesbank Capital Partners; Wilmington, Mass., provider of high precision manufacturing solutions serving global medical device and aerospace and defense original equipment manufacturers.

TEMPO ACQUISITION LLC: $2.44 billion term B (B1/B) talked at Libor plus 325 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Bank of America, Barclays, Credit Suisse, Citigroup, Macquarie, Deutsche Bank, Morgan Stanley, Goldman Sachs, RBC and CIBC; help fund buyout of Aon plc’s technology-enabled benefits and human resources platform by Blackstone; services provider for cloud-based HR management systems.

TRAVELCLICK INC.: $450 million first-lien term loan (including $65 million incremental) (B2) due May 2021 talked at Libor plus 400 bps, 1% Libor floor, OID 99.5 on incremental; Credit Suisse; repay a portion of existing second-lien term loan and reprice first-lien loan; New York-based provider of solutions to the hospitality industry.

ULTRA RESOURCES INC.: $800 million seven-year first-lien RBL term loan (Ba2/BB/BB+) at Libor plus 300 bps, 1% Libor floor, OID 99, 101 soft call for six months; 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.

U.S. TELEPACIFIC CORP.: $680 million credit facilities (B3/B); Credit Suisse; $25 million revolver; $655 million six-year first-lien term B talked at Libor plus 500 bps, 1% Libor floor, OID 99, 101 soft call for six months; refinance existing debt; Los Angeles-based provider of managed services and business communications solutions.

USI INSURANCE SERVICES: $2.085 billion senior secured credit facilities (B3/B); Bank of America, KKR, Citigroup and Macquarie; $200 million revolver; $1.885 billion seven-year term B at Libor plus 300 bps, 25 bps step-down, 0% Libor floor, OID 99.5, 101 soft call for six months; help fund buyout by KKR and Caisse de dépôt et placement du Québec from Onex Corp.; Valhalla, N.Y., insurance brokerage and consulting firm.

UTILITY ONE SOURCE: Expected closing mid-to-late April; $570 million senior secured credit facilities (B2/B); Morgan Stanley, Citigroup and RBC; $100 million revolver; $470 million six-year covenant-light first-lien term B at Libor plus 550 bps, 1% Libor floor, OID 99, non-call one, 102; refinance existing debt; Kansas City, Mo., provider of equipment and service solutions to the utility and infrastructure sectors.

VIRTUS INVESTMENT PARTNERS INC.: $360 million senior secured credit facilities (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.

ZEST HOLDINGS LLC: $268 million term B due August 2023 talked at Libor plus 400 bps to 425 bps, 1% Libor floor, OID 99.75, 101 soft call for six months; Deutsche Bank, Citizens and Fifth Third; merge existing term B due August 2020 with a $50 million incremental term B into one fungible tranche; Carlsbad, Calif., developer, manufacturer and supplier of solutions to treat both natural teeth and implant supported restorations.

On The Horizon

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

BRAND ENERGY & INFRASTRUCTURE SERVICES: $3.325 billion senior secured credit facilities; Goldman Sachs, Barclays, ING and Natixis; $500 million revolver; $2.825 billion term loan; help fund acquisition of Safway Group from Odyssey Investment Partners; Kennesaw, Ga., provider of specialized services to energy, industrial and infrastructure customers.

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: $8 billion senior secured credit facilities; 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.

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: $625 million senior secured credit facilities; RBC, Credit Suisse, Natixis and KKR; $100 million revolver; $525 million term loan; help fund creation through merger of Quinpario Acquisition Corp. 2, SourceHOV LLC and Novitex Holdings Inc.; solutions provider for financial technology and business services.

HAWK HOLDING CO. LLC: New debt financing; JPMorgan; help fund acquisition of Intrawest Resorts Holdings Inc. by Aspen Skiing Co. LLC and KSL Capital Partners LLC; mountain resort and adventure company.

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

NEW DIVERSEY: New debt financing; Credit Suisse, Goldman Sachs, Barclays, Bank of America, HSBC, RBC and SunTrust; help fund buyout by Bain Capital Private Equity from Sealed Air Corp.; hygiene and cleaning solutions company.


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