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Published on 4/26/2017 in the Prospect News Bank Loan Daily.

Bank Loan Calendar: $69.4124 billion deals being marketed

April Bank Meetings

ALEXANDER MANN SOLUTIONS: Bank meeting April 27; $305 million credit facilities (B2/B+); Credit Suisse, ING and HSBC; $40 million revolver; $265 million seven-year first-lien term loan talked at Libor plus 525 bps to 550 bps, 1% Libor floor, OID 99, 101 soft call for six months; refinance existing debt and fund a shareholder distribution; Berkshire, England, talent acquisition and management business.

BOYD CORP.: Bank meeting April 27; $1.09 billion credit facilities; Antares, Societe Generale and Macquarie; $75 million revolver; $730 million first-lien term loan; $285 million second-lien term loan; help fund acquisition of Aavid Thermalloy; Modesto, Calif., designer and manufacturer of highly-engineered, specialty material-based thermal management and environmental sealing solutions.

CAESARS ENTERTAINMENT RESORT PROPERTIES LLC: Conference call April 27; new loan; Citigroup; Las Vegas-based owner of casinos.

CONSOLIDATED CONTAINER CO.: Bank meeting April 27; $730 million credit facilities; Barclays; $125 million ABL revolver; $605 million senior secured first-lien term B; help fund acquisition by Loews Corp. from Bain Capital Private Equity; Atlanta-based rigid plastic packaging manufacturer.

CORONADO COAL LLC: Bank meeting April 27; $200 million covenant-light term B; Bank of America; fund a dividend; Beckley, W. Va., producer of high-quality metallurgical coal.

DIGICEL INTERNATIONAL FINANCE LTD.: Bank meeting April 27; $635 million term B (Ba2/NA/B+); Citigroup; Hamilton, Bermuda, provider of wireless communication services in the Caribbean.

EQUIAN LLC: Lenders’ presentation April 27; $355 million senior secured credit facilities; Morgan Stanley, SunTrust and UBS; $30 million revolver; $325 million first-lien term B; refinance existing debt and fund general corporate purposes; Indianapolis-based payment integrity platform.

TRANSCENDIA: Bank meeting April 27; $455 million credit facilities; Goldman Sachs; $50 million revolver; $280 million first-lien term loan; $125 million second-lien term loan; help fund buyout; Franklin Park, Ill., provider of custom engineered specialty films materials across a broad range of end-markets.

May Bank Meetings

DIVERSITECH: Bank meeting expected second week in May; $495 million credit facilities; RBC (left on first-lien), Barclays (left on second-lien), Deutsche Bank and Societe Generale; $50 million revolver; $325 million first lien term loan; $120 million second lien term loan; help fund buyout by Permira from Jordan Co.; Duluth, Ga., aftermarket heating and cooling components.

Upcoming Closings

ACRISURE LLC: $450 million add-on first-lien term loan (B2) talked at Libor plus 500 bps to 525 bps, 1% Libor floor, OID 99.75; JPMorgan; acquisition financing; Caledonia, Mich., insurance brokerage.

ADVANTAGE SALES AND MARKETING: $225 million incremental term B (B1) at Libor plus 325 bps, 1% Libor floor, OID 97, 101 soft call for six months; Bank of America; fund acquisitions and pay down revolver; Irvine, Calif., sales and marketing agency.

AIR MEDICAL GROUP HOLDINGS INC.: $750 million add-on covenant-light first-lien term B (B3) due April 28, 2022 talked at Libor plus 350 bps, 1% Libor floor, OID 99 to 99.5, 101 soft call for six months; Morgan Stanley, KKR, Jefferies, Nomura and Wells Fargo; fund the acquisition of Air Medical Resource Group; Lewisville, Texas, provider of air ambulance services.

ALVOGEN PHARMA US INC.: $350 million fungible incremental term loan (B) due April 2, 2022 talked at Libor plus 500 bps, 1% Libor floor, OID 99.126, 101 soft call for six months; Jefferies; pay down ABL revolver borrowings and fund a distribution to parent company; Pine Brook, N.J., developer and manufacturer of generic drugs and provider of contract manufacturing, development and research services to large branded pharma companies.

AMC ENTERTAINMENT HOLDINGS INC.: Expected closing May 9; $1.3674 billion in term debt (Ba1/BB); Citigroup; $867.4 million senior secured term B due Dec. 15, 2022 at Libor plus 225 bps, 0% Libor floor, 101 soft call for six months; $500 million senior secured term B due Dec. 15, 2023 at Libor plus 225 bps, 0% Libor floor, 101 soft call for six months; repricing; Leawood, Kan., movie exhibitor.

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.

AMERICOLD REALTY OPERATING PARTNERSHIP LP: $110 million add-on term loan talked at Libor plus 375 bps, 1% Libor floor, OID 99.75 to par; JPMorgan; refinance some debt and add cash to the balance sheet; Atlanta-based provider of temperature-controlled warehousing and logistics to the food industry.

APC AFTERMARKET: $515 million credit facilities; Jefferies and Goldman Sachs; $75 million asset-based revolver; $315 million seven-year covenant-light first lien term loan (B2/B) talked at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; $125 million privately-placed eight-year second lien term loan; fund the acquisition and merger of AP Exhaust Products Inc. and CWD LLC, to create APC Aftermarket, an emissions supplier in the automotive, heavy-duty, and performance aftermarkets as well as a leading full-line distributor and supplier of aftermarket brake and chassis components.

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.

BAYMARK HEALTH SERVICES INC.: $213 million credit facilities; Capital One; $20 million five-year revolver talked at Libor plus 450 bps to 475 bps, 25 bps step-down at secured net leverage of less than 4x, OID 99; $133 million six-year term B talked at Libor plus 450 bps to 475 bps, 1% Libor floor, OID 99, 101 soft call for six months; $60 million delayed-draw six-year term loan talked at Libor plus 450 bps to 475 bps, 1% Libor floor, OID 99; refinance existing debt and acquisition financing; Lewisville, Texas, behavioral health provider specializing in opioid treatment services.

C SPIRE: $355 million seven-year term B talked at Libor plus 225 bps to 250 bps, 0% Libor floor, OID 99.75; Bank of America; refinancing; Ridgeland, Miss., diversified telecommunications and technology services company.

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.: Expected closing April 24 week; $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.

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.

CHECKERS DRIVE-IN RESTAURANTS INC.: $305 million credit facilities; Jefferies, Antares, KeyBanc and Citizens; $25 million revolver (B1/B-); $192.5 million seven-year first-lien term loan (B1/B-) 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.

COOPER-STANDARD AUTOMOTIVE INC.: $339 million covenant-light term B due November 2023 talked at Libor plus 225 bps to 250 bps, 0.75% Libor floor; Deutsche Bank; repricing; Novi, Mich., supplier of systems and components for the automotive 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.

DAYCO PRODUCTS LLC: $475 million seven-year senior secured covenant-light term loan (B2/B+) talked at Libor plus 375 bps to 400 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Bank of America, Barclays and Wells Fargo; repay existing term loan and revolver borrowings; Troy, Mich., manufacturer of highly engineered engine management systems.

DELUXE ENTERTAINMENT SERVICES GROUP INC.: $200 million tack-on first lien term loan (B2/B-) due Feb. 28, 2020 talked at Libor plus 550 bps, 1% Libor floor, OID 99.53, 101 soft call for six months; Credit Suisse, Bank of America and Macquarie; refinance existing debt; Los Angeles-based provider of digital asset creation, management and distribution services.

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.

EMI MUSIC PUBLISHING: $1.064 billion first-lien term loan (Ba3/BB-) due August 2023 talked at Libor plus 250 bps, 101 soft call for six months; UBS; refinance existing debt; New York-based music publisher.

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.

EVERI PAYMENTS INC.: $855 million credit facilities (B+); Jefferies; $35 million five-year revolver; $820 million seven-year senior secured first-lien term loan talked at Libor plus 450 bps to 475 bps, 1% Libor floor, OID 99, 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.

FLY LEASING: $448 million term B due February 2023 at Libor plus 225 bps, 101 soft call for six months; RBC; repricing and extension, and purchase additional aircraft; Dublin-based aircraft lessor.

GARDA WORLD SECURITY CORP.: Up to $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.

GNC HOLDINGS INC.: $1.17 billion term loan due 2022 talked at Libor plus 450 bps, 1% Libor floor, OID 99; JPMorgan; refinance existing term loan; Pittsburgh-based specialty health, wellness and performance retailer.

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.

HARLAND CLARKE HOLDING CORP.: $360 incremental covenant-light first-lien term B-6 due February 2022 talked at Libor plus 550 bps, 1% Libor floor, OID 99.5, 101 soft call through August 2017; Credit Suisse, Bank of America, Citigroup, Macquarie, Deutsche Bank and Jefferies; acquisition financing; San Antonio-based provider of media delivery, payment solutions and marketing services.

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.

IASIS HEALTHCARE CORP.: $867 million term loan (Ba3/B) due 2021 talked at Libor plus 400 bps, 1.25% Libor floor, OID 99.5; JPMorgan; refinance/extend existing term loan; Franklin, Tenn., owner and operator of medium-sized acute care hospitals.

INDUSTRIAL CONTAINER SERVICES: $465 million credit facilities (B2/B); Goldman Sachs; $40 million revolver; $425 million seven-year first-lien term loan (including $65 million delayed-draw) talked at Libor plus 400 bps to 425 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; help fund buyout by Centerbridge; Maitland, Fla., provider of steel industrial container reconditioning.

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) at Libor plus 350 bps, 25 bps leverage-based step-down, 1% Libor floor, OID 99, 101 soft call for six months; $175 million eight-year covenant-light second-lien term loan (Caa1/CCC+) at Libor plus 800 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.

KEPRO: $330 million credit facilities; RBC and Capital One; $25 million revolver (B1/B); $205 million seven-year first-lien term loan (B1/B) talked at Libor plus 400 bps to 425 bps, 1% Libor floor, OID 99, 101 soft call for six months; $100 million eight-year second-lien term loan (Caa2/CCC+) talked at Libor plus 800 bps to 825 bps, 1% Libor floor, OID 98.5, call protection 102, 101; help fund buyout; Harrisburg, Pa., quality improvement and care management organization.

MAGNOLIA: $390 million credit facilities (B1/B); Macquarie; $40 million revolver; $350 million seven-year term B at Libor plus 525 bps, 1% Libor floor, OID 99.5, 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.

MATERIAL HANDLING SYSTEMS INC. (MHS): Expected closing May 1; $265 million credit facilities (B2/B); RBC; $25 million revolver; $240 million term B talked at Libor plus 500 bps, 1% Libor floor, OID 99; Louisville, Ky., provider of advanced parcel sortation systems, engineering, software controls, and equipment manufacturing for logistics and e-Commerce companies.

MICHAEL BAKER INTERNATIONAL: $450 million seven-year covenant light term loan B (B2/B+) talked at Libor plus 425 bps, 0.75% Libor floor, OID 99, 101 soft call for six months; Barclays; refinance some existing debt and preferred equity; Pittsburgh-based provider of engineering, development, intelligence and technology solutions.

MICRO FOCUS INTERNATIONAL PLC: $5.5 billion credit facilities (B1/BB-); JPMorgan, Barclays, HSBC, Natwest and Bank of America; $500 million revolver at Libor plus 350 bps, 0% Libor floor; $1.515 billion covenant-light term B-2 due November 2021 at Libor plus 250 bps, 25 bps step-down at senior secured leverage less than 3x and post-delivery of April 2018 financial statements, 0% Libor floor, 101 soft call for six months; $2.6 billion seven-year term B at Libor plus 275 bps, 25 bps step-down at senior secured leverage less than 3x and post-delivery of April 2018 financial statements, 0% Libor floor, OID 99.75, 101 soft call for six months; $385 million seven-year term B at Libor plus 275 bps, 25 bps step-down at senior secured leverage less than 3x and post-delivery of April 2018 financial statements, 0% Libor floor, OID 99.75, 101 soft call for six months; €470 million seven-year term B at Euribor plus 300 bps, 25 bps step-down at senior secured leverage less than 3x and post-delivery of April 2018 financial statements, 0% floor, OID 99.75, 101 soft call for six months; refinance existing term C, amend and reprice 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.

MISYS LTD.: Roughly $6.16 billion senior secured credit facilities; Morgan Stanley (left on U.S. term B), Citigroup (left on euro term B), Barclays (left on second-lien), Macquarie and Nomura; $400 million five-year revolver (B2/NA/BB+) at Libor plus 350 bps, 0% Libor floor; $3.42 billion seven-year first lien term B (B2/NA/BB+) talked at Libor plus 350 bps, 1% Libor floor, OID 99 to 99.5, 101 soft call for six months; €1 billion seven-year first lien term B (B2/NA/BB+) talked at Euribor plus 325 bps, 1% floor, OID 99 to 99.5, 101 soft call for six months; $980 million eight-year second lien loan (Caa2/NA/BB-) talked at Libor plus 725 bps, 1% Libor floor, OID 99, call protection 102, 101; €250 million eight-year second lien term loan (Caa2/NA/BB-) talked at Euribor plus 725 bps, 1% floor, OID 98.5 to 99, call protection 102, 101; help fund acquisition of DH Corp. and refinance existing debt; London-based provider of financial services software.

NAUTILUS POWER LLC: $650 million senior secured credit facilities (B1/B+); Morgan Stanley, Credit Suisse and Goldman Sachs; $75 million five-year revolver talked at Libor plus 400 to 425 bps, 0% Libor floor; $575 million seven-year first lien term loan talked at Libor plus 400 to 425 bps, 1% Libor floor, OID 99, 101 soft call for six months; recapitalize the business in connection with Carlyle Power Partners’ acquisition, including refinancing of existing debt; Mass.-based wholesale power generation and marketing company.

NBG ACQUISITION INC.: Expected close last week of April; $260 million seven-year covenant-light first-lien term loan (B1/B) at Libor plus 550 bps, 1% Libor floor, OID 98, 101 soft call; Deutsche Bank and KKR; help fund buyout by Sycamore from Kohlberg & Co.; supplier of home décor products.

NCI BUILDING SYSTEMS INC.: $144 million covenant-light first-lien term loan (Ba3/BBB-) due June 2022 talked at Libor plus 275 bps to 300 bps, 1% Libor floor, OID 99.875, 101 soft call for six months; Credit Suisse; refinance existing term loan; Houston-based manufacturer and marketer of metal products for nonresidential construction.

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.

NOMAD FOODS LTD.: Expected closing May 3; $610 million seven-year covenant-light first-lien term B (B1/BB-) at Libor plus 275 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; Goldman Sachs (left on U.S.), Credit Suisse, Deutsche Bank and UBS; also €500 million seven-year covenant-light first-lien term B (B1/BB-) at Euribor plus 300 bps, 0% Libor floor, 101 soft call for six months; €80 million six-year revolver; help refinance existing loans and notes; Feltham, England, frozen foods company.

ORION ENGINEERED CARBONS: $291 million term B due July 2021 talked at Libor plus 275 bps, 0% Libor floor, OID 99.875 to par, 101 soft call for six months; Goldman Sachs; also €334 million term B due July 2021 talked at Euribor plus 300 bps, 0% floor, OID 99.875 to par, 101 soft call for six months; repricing; Frankfurt-based producer of carbon black.

OXBOW CARBON LLC: $350 million term B (B1/BB-) at Libor plus 350 bps, 0% Libor floor, OID 99.75; Bank of America; refinance existing term loan; West Palm Beach, Fla., recycler of refinery and natural gas byproducts.

PAE HOLDING CORP.: $153 million in incremental term loans; Bank of America, Citizens and Morgan Stanley; $95 million incremental first-lien term B (B2) due 2022 talked at Libor plus 550 bps, 1% Libor floor, OID 99.5, 101 soft call until October; $58 million incremental second-lien term loan (Caa2) due 2023 talked at Libor plus 950 bps, 1% Libor floor, OID 98.5, call protection 102 until October, 101; fund acquisition of FCi Federal; Arlington, Va., provider of support services for the U.S. government, its allied partners and international organizations.

PSAV (AVSC HOLDING CORP.): Expected closing April 27; $980 million seven-year term B (B2/B) at Libor plus 350 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; Goldman Sachs. Morgan Stanley, JPMorgan, Barclays and Macquarie; refinancing; Long Beach, Calif., event technology provider.

QUEBECOR MEDIA INC.: $338 million term loan talked at Libor plus 225 bps, 0% Libor floor, 101 soft call for six months; Bank of America; repricing; Montreal-based telecommunications company.

QUIKRETE CO.: $2.594 billion term B due November 2023 talked at Libor plus 275 bps, step-down to Libor plus 250 bps based on leverage, 101 soft call for six months; Wells Fargo; repricing; Atlanta-based manufacturer of packaged concrete and related products.

RADIO SYSTEMS CORP.: $300 million seven-year term B (B1) at Libor plus 350 bps, 1% Libor floor, step-down to Libor plus 325 bps when total net leverage is less than 3x, OID 99.5, 101 soft call for six months; Fifth Third; refinance existing debt; Knoxville, Tenn., manufacturer of pet products.

RHODIA ACETOW: €630 million-equivalent credit facilities (B1/B+); Credit Suisse, Barclays, Deutsche Bank, Goldman Sachs, UBS, RBS and Bank of America; €65 million revolver; €215 million U.S. dollar equivalent six-year covenant-light term loan at Libor plus 550 bps, 1% Libor floor, OID 98; €350 million six-year covenant-light term loan at Euribor plus 475 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): Expected closing May 8 week; $1.4 billion credit facilities (Ba3/BB); Deutsche Bank, Wells Fargo, JPMorgan, US Bank, Bank of America, Credit Agricole, Scotia and Capital One; $500 million seven-year covenant-light term B at Libor plus 225 bps, 0% Libor floor, 101 soft call for six months; $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.

SEQUA CORP.: Expected closing April 28; $1.405 billion senior secured credit facilities; Barclays, HSBC, JPMorgan, Citigroup, Credit Suisse, Goldman Sachs, Morgan Stanley and RBC; $135 million revolver; $920 million 4.5-year covenant-light first-lien term B at Libor plus 550 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $350 million five-year covenant-light second-lien term loan at Libor plus 900 bps, 1% Libor floor, OID 99, non-call one, 102, 101; recapitalization/refinancing of existing debt; Palm Beach Gardens, Fla., aerospace and diversified industrial company.

TECOMET (TECOSTAR HOLDINGS INC.): $835 million credit facilities; Jefferies, Antares and KKR; $70 million ABL revolver; $540 million seven-year first-lien term loan (B2/B) at Libor plus 375 bps, 25 bps step-down if net leverage drops to 4x, 1% Libor floor, OID 99.5, 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: $2.67 billion term B (B1/B) at Libor plus 300 bps, step-down to Libor plus 275 bps at 4.25x first-lien net leverage, 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.

TIERPOINT LLC: $1.095 billion credit facilities; RBC (left on first-lien), Credit Suisse (left on second-lien), TD, Fifth Third, ING, Barclays, Morgan Stanley, Citigroup, Goldman Sachs and JPMorgan; $175 million five-year revolver; $700 million seven-year covenant-light first-lien term loan (B2/B+/BB) at Libor plus 375 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $220 million eight-year covenant-light second-lien loan (Caa2/CCC+/B-) talked at Libor plus 725 bps to 750 bps, 1% Libor floor, OID 99, call protection 102, 101; refinance existing credit facilities; St. Louis-based data center services provider.

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; 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.

TRUCK HERO INC.: $1.025 billion senior secured credit facilities; Jefferies, Antares, Golub, Citizens, Natixis and SunTrust; $100 million five-year revolver; $675 million seven-year covenant-light first-lien term loan talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 99, 101 soft call for six months; $250 million eight-year covenant-light second-lien term loan talked at Libor plus 800 bps to 825 bps, 1% Libor floor, OID 98.5, call protection 102, 101; help fund buyout by CCMP Capital Advisors LLC; Ann Arbor, Mich., provider of truck bed covers and other truck and Jeep accessories.

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.

VIZIENT INC.: $1.227 billion credit facilities (B+); Barclays; $1.122 billion term loan talked at Libor plus 350 bps, 1% Libor floor, 101 soft call for six months; $105 million revolver; repricing; Irving, Texas, network of not-for-profit health care organizations.

WORLD KITCHEN (WKI HOLDING CO. INC.): Expected closing May 1; $200 million seven-year senior secured first-lien term B (B1/BB-) at Libor plus 400 bps, 1% Libor floor, OID 99.5; 101 soft call for six months; Citigroup and BMO; help fund buyout by Cornell Capital LLC; Rosemont, Ill., manufacturer and marketer of housewares.

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.

CHARTER NEX: First-and second-lien loans; Jefferies and Nomura; help fund buyout by Leonard Green & Partners LP from Pamplona Capital Management; manufacturer of monolayer, coextruded and barrier films.

DUBAI AEROSPACE ENTERPRISE LTD.: New debt financing; help fund acquisition of AWAS from Terra Firma Capital Partners and the Canadian Pension Plan Investment Board; Dubai-based aerospace company.

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.

FOCUS FINANCIAL PARTNERS: New debt financing; RBC and SunTrust; help fund buyout by Stone Point Capital and KKR from Centerbridge Partners, Summit Partners and Polaris Partners; partnership of independent, fiduciary wealth management firms.

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.

KMG CHEMICAL INC.: $600 million senior secured credit facilities; KeyBanc and HSBC; $50 million revolver; $550 million seven-year term loan; fund acquisition of Flowchem from Arsenal Capital Partners; Fort Worth, Texas, producer and distributor of specialty chemicals.

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

MARKET TRACK: $380 million credit facilities; Antares Capital and Golub Capital; $30 million revolver; $255 million first-lien term loan; $95 million privately-placed second-lien term loan; help fund acquisition of Market Track by Vista Equity Partners; Chicago-based subscription-based provider of promotional and brand advertising data.

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.

NORD ANGLIA EDUCATION INC.: New debt financing; help fund buyout by a consortium led by Canada Pension Plan Investment Board and Baring Private Equity Asia; Hong Kong-based premium schools organization.

VIRTU FINANCIAL INC.: Up to $825 million senior secured term B; JPMorgan; help fund acquisition of KCG Holdings Inc.; New York-based technology-enabled market maker and liquidity provider to the financial markets.


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