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Published on 6/13/2017 in the Prospect News Bank Loan Daily.

Bank Loan Calendar: $62.4336 billion deals being marketed

June Bank Meetings

ABRA AUTO BODY & GLASS: Conference call June 14; $325 million first-lien term B; Bank of America and Nomura; refinancing; Brooklyn Park, Minn., provider of vehicle damage repair services.

BELMOND INTERFIN LTD.: Bank meeting June 14; $700 million senior secured credit facilities (B2/BB); Barclays; $100 million multi-currency revolver; $600 million U.S. and euro term B; refinance existing debt; London-based luxury hotel company and sophisticated adventure travel operator.

BERRY PLASTICS CORP.: Conference call June 14; $2.195 billion in term loans; Wells Fargo; $1.695 billion covenant-light term I due October 2022, 101 soft call for six months; $500 million covenant-light term J due January 2024, 101 soft call for six months; repricing; Evansville, Ind., provider of value-added plastic consumer packaging and engineered materials.

CANAM STEEL CORP. (CANAVERAL HOLDINGS B INC.): Lenders’ presentation June 14; $310 million first-lien term B; Morgan Stanley and BMO; fund acquisition by American Industrial Partners, members of the Dutil family, Caisse de dépôt et placement du Québec and Fonds de solidarité FTQ; Quebec-based fabricator of steel components.

CIRQUE DU SOLEIL CANADA INC.: Conference call June 14; $65 million add-on first-lien term loan due July 2022, 101 soft call for six months; RBC; Montreal-based producer of live artistic entertainment.

EXELA TECHNOLOGIES: $625 million senior secured credit facilities (B2/B+); 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.

KLOCKNER PENTAPLAST: Bank meeting in NY June 14 (London was June 13); €1.58 billion (€855 million U.S. equivalent tranche talked at Libor plus 350 bps to 375 bps, 1% Libor floor, and €725 million euro tranche talked at Euribor plus 400 bps to 425 bps, 0% floor) five-year covenant-light term B, OID 99, 101 soft call for six months; Credit Suisse and Rabobank; also 4.5-year revolver; help refinance existing term loans, redeem notes, fund the acquisition of Linpac Senior Holdings Ltd. and finance a distribution to the shareholders of the KP Group; expected closing late June; Montabaur, Germany, manufacturer of rigid plastic film solutions.

NEP GROUP: Conference call June 14; $922.7 million U.S. equivalent term loans; Barclays (agent on first-lien) and Morgan Stanley (agent on second-lien); $717.7 million first-lien term loan; $50 million equivalent add-on first-lien term loan; $155 million second-lien term loan; also €284.3 million first-lien term loan; reprice euro first-lien term loan and second-lien term loan, repay some second-lien term loan debt, and extend U.S. first-lien term loan and second-lien term loan; Pittsburgh-based outsourced provider of comprehensive live and broadcast production solutions.

OASIS OUTSOURCING HOLDINGS INC.: Conference call June 15; $410 million in term loans; RBC and SunTrust; $325 million first-lien term loan; $85 million second-lien term loan; refinance existing debt and fund a small acquisition; West Palm Beach, Fla., provider of comprehensive and cost-effective HR outsourcing services to small- and medium-sized businesses.

PDC BRANDS: New term loans; Nomura; first-lien term B; second-lien term loan; help fund buyout by CVC Capital Partners from Yellow Wood Partners; Stamford, Conn., beauty and personal care products company.

VIVID SEATS LLC: Bank meeting June 14; $525 million senior secured term B; Barclays; help fund buyout by GTCR; Chicago-based secondary ticket marketplace for live sports, concerts and theater events.

Upcoming Closings

ACLARA TECHNOLOGIES LLC (METER READINGS HOLDING LLC): $80 million incremental senior secured term B (B) due Aug. 29, 2023 talked at Libor plus 575 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; Morgan Stanley and Stephens; fund a sponsor dividend; Hazelwood, Mo., supplier of smart infrastructure solutions to water, gas and electric utilities.

ADT CORP.: $3.554 billion senior secured covenant-light first-lien term loan due May 2, 2022 talked at Libor plus 250 bps to 275 bps, 1% Libor floor, 101 soft call for six months; Barclays; repricing; security services company.

AMERICAN ADDICTION CENTERS (AAC HOLDINGS INC.): $265 million senior secured credit facilities (B3/B-); Credit Suisse; $55 million revolver; $210 million six-year first-lien term loan talked at Libor plus 550 bps, 1% Libor floor, OID 99, 101 soft call for six months; refinance existing debt; Brentwood, Tenn., provider of inpatient and outpatient substance abuse treatment services.

AMERICAN AIRLINES INC.: Closing expected June 14; $735 million senior secured term B due Oct. 10, 2021 at Libor plus 200 bps, 0% Libor floor, 101 soft call for six months; Citigroup, Barclays, Credit Suisse, Deutsche Bank, Goldman Sachs, JPMorgan, Bank of America, Morgan Stanley, BNP Paribas, Credit Agricole, ICBC and US Bank; repricing; Fort Worth, Texas-based airline company.

AMERICAN RENAL HOLDINGS INC.: $540 million senior secured credit facilities (B2/B+); SunTrust; $100 million revolver; $440 million seven-year term B talked at Libor plus 300 bps to 325 bps, 0% Libor floor, OID 99.5; refinance existing credit facilities; Beverly, Mass., provider of dialysis services.

ATKINS NUTRITIONALS INC.: $275 million credit facilities (BB-); Barclays and Goldman Sachs; $75 million five-year revolver; $200 million seven-year senior secured covenant-light term B talked at Libor plus 400 bps to 425 bps, 1% Libor floor, OID 99 to 99.5, 101 soft call for six months; expected closing June 12 week; help fund combination of Conyers Park Acquisition Corp. with Atkins under a new holding company, Simply Good Foods Co.; Denver-based developer, marketer and seller of nutritional foods and snacking products.

BRAND ENERGY & INFRASTRUCTURE SERVICES: $3.325 billion senior secured credit facilities (B3/B); Goldman Sachs, Barclays, Natixis, ING, Credit Agricole and Societe Generale; $500 million five-year revolver; $2.825 billion seven-year term loan talked at Libor plus 375 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; help fund acquisition of Safway Group from Odyssey Investment Partners; Kennesaw, Ga., provider of specialized services to energy, industrial and infrastructure customers.

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.

CINEMARK USA INC.: Expected closing June 16; $664 million covenant-light term B due May 8, 2022 at Libor plus 200 bps, 0% Libor floor, 101 soft call for six months; Barclays; repricing; Plano, Texas, motion picture exhibitor.

COINMACH SERVICES (SPIN HOLDCO INC.): $1.686 billion senior secured credit facilities (B2/B); Morgan Stanley; $120 million revolver due Nov 14, 2021 talked at Libor plus 325 bps to 350 bps, 0% Libor floor; $1.566 billion first-lien term B (including $57 million delayed-draw tranche) talked at Libor plus 325 bps to 350 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; amend and extend, and upsize to fund tuck-in acquisition; Plainview, N.Y., laundry equipment service provider.

COVERIS HOLDINGS SA: Expected closing mid-June; $510 million first-lien term loan (B2/B) due June 2024 talked at Libor plus 400 bps, 1% Libor floor, OID 99.5 for new money, 25 bps extension fee for existing, 101 soft call for six months; Goldman Sachs; also €402 million first-lien term loan (B2/B) due June 2024 talked at Euribor plus 350 bps, 1% floor, OID 99.5 for new money, 25 bps extension fee for existing, 101 soft call for six months; amend and extend; Chicago-based manufacturer and distributor of packaging solutions and coated film technologies.

CSRA INC.: $650 million term B due Nov. 30, 2023 at Libor plus 200 bps, 0% Libor floor, 101 soft call for six months; MUFG; repricing and repay some term A-1 debt; Falls Church, Va., provider of next-generation IT solutions and professional services to help government clients enhance public safety and support the well-being of U.S. citizens.

DHX MEDIA LTD.: $510 million credit facilities (B2/B); RBC and Jefferies; $30 million five-year revolver; $480 million 6.5-year term B talked at Libor plus 400 bps, 1% Libor floor, OID 99, 101 soft call for six months; help fund acquisition of the entertainment division of Iconix Brand Group Inc. (80% controlling interest in Peanuts and 100% of Strawberry Shortcake) and refinance existing debt; Halifax, Nova Scotia, children’s content and brands company.

EAGLECLAW MIDSTREAM VENTURES LLC: $1.35 billion senior secured credit facilities; Jefferies; $100 million super-priority revolver; $1.25 billion seven-year first-lien term loan (B3/B+/BB) at Libor plus 425 bps, 1% Libor floor, OID 99, 101 soft call; help fund buyout by Blackstone; Midland, Texas, midstream operator.

ENERGY FUTURE INTERMEDIATE HOLDING CO. LLC: $5.475 billion DIP due June 2018 (converting to $4 billion seven-year covenant-light exit term loan) talked at Libor plus 275 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; Citigroup and Morgan Stanley; refinance existing DIP; Dallas-based power generation company and utility operator.

FORTRESS INVESTMENT GROUP: $1.49 billion credit facilities (Baa3/BB-/BB+); Deutsche Bank, Mizuho and Credit Agricole; $90 million 4.5-year revolver at Libor plus 250 bps, 0% Libor floor; $1.4 billion five-year covenant-light term B at Libor plus 275 bps, step-down to Libor plus 250 bps at 3x consolidated leverage and to Libor plus 225 bps at 2x consolidated leverage, 0% Libor floor, OID 99.75, 101 soft call for six months; help fund acquisition by Softbank Group Corp.; New York-based alternative asset management firm.

GLOBAL HEALTHCARE EXCHANGE LLC: $488 million seven-year first-lien term loan (B) talked at Libor plus 350 bps to 375 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; JPMorgan, Jefferies, Credit Suisse, Golub and Goldman Sachs; also $197 million privately-placed second-lien term loan led by Ares; help fund buyout by Temasek from Thoma Bravo; Louisville, Colo., provider of cloud-based healthcare supply chain management technology and services.

GROCERY OUTLET (GOBP HOLDINGS INC.): Expected closing June 14; $529 million senior secured covenant-light term B due October 2021 at Libor plus 350 bps, 1% Libor floor, 101 soft call for six months; Morgan Stanley and Jefferies; repricing; Emeryville, Calif., grocery store operator.

HORSESHOE BALTIMORE (CBAC GAMING LLC): $315 million senior secured credit facilities (B3/B); Wells Fargo, Macquarie and Nomura; $300 million seven-year covenant-light term B talked at Libor plus 350 bps, 0% Libor floor, OID 99, 101 soft call for six months; $15 million five-year revolver; refinance existing credit facility and existing furniture, fixtures and equipment financing facility; owner and operator of the Horseshoe Baltimore Casino in Baltimore.

HYLAND SOFTWARE INC.: $760 million in bank debt; Credit Suisse, Goldman Sachs and UBS; $60 million incremental revolver (B1/B); $490 million incremental first-lien term loan (B1/B) due July 2022 at Libor plus 325 bps, 0.75% Libor floor, OID 99.75, 101 soft call for six months; $210 million eight-year covenant-light second-lien term loan (Caa1/CCC+) at Libor plus 700 bps, 0.75% Libor floor, OID 99.5, call protection 102, 101; fund acquisition of Perceptive Software from Lexmark International Inc.; Westlake, Ohio, enterprise content-management software developer.

IDERA: $730 million credit facilities; Jefferies and RBC; $30 million revolver (B2); $525 million seven-year covenant-light first-lien term loan (B2) talked at Libor plus 475 bps to 500 bps, 1% Libor floor, OID 99, 101 soft call for six months; $175 million eight-year covenant-light second-lien term loan (Caa2) talked at Libor plus 875 bps to 900 bps, 1% Libor floor, OID 98.5, call protection 102, 101; help fund acquisition by HGGC LLC; Houston-based provider of software tools for databases.

IMAGINE! PRINT SOLUTIONS LLC: $485 million in senior secured term loans; RBC and Societe Generale; $375 million five-year covenant-light first-lien term loan (B2/B) at Libor plus 475 bps, 1% Libor floor, OID 99, 101 soft call for six months; $110 million six-year covenant-light second-lien term loan (Caa2/CCC+) at Libor plus 875 bps, 1% Libor floor, OID 98.5, call protection 102, 101; refinance existing term B and fund a special dividend; Minneapolis-based provider of printed in-store marketing solutions.

INC RESEARCH HOLDINGS INC.: $3.1 billion credit facilities (Ba2/BB+); Credit Suisse (left on term B), ING (left on pro rata), Bank of America, Barclays, Citigroup, Goldman Sachs, JPMorgan, Morgan Stanley, PNC and Wells Fargo; $500 million five-year revolver talked at Libor plus 175 bps, 0% Libor floor; $750 million five-year term A talked at Libor plus 175 bps, 0% Libor floor; $1.85 billion seven-year covenant-light term B talked at Libor plus 225 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; refinance existing debt in connection with merger with inVentiv Health Inc.; Raleigh, N.C.-based contract research organization.

INTERNATIONAL SEAWAYS OPERATING CORP.: $550 million credit facilities; Jefferies and JPMorgan; $50 million 4.5-year super-senior revolver; $500 million five-year senior secured first-lien term loan at Libor plus 550 bps, 1% Libor floor, OID 98, call protection 102, 101; refinance existing bank debt and general corporate purposes, including fleet renewal and growth; New York-based tanker company.

JACUZZI BRANDS LLC: $170 million six-year term B (B3/B) talked at Libor plus 700 bps, 1% Libor floor, OID 98, call protection 102, 101; Nomura and Citizens; refinance existing debt and fund an acquisition; Chino Hills, Calif., manufacturer and distributor of branded bath and plumbing products.

KMG CHEMICALS INC.: $600 million senior secured credit facilities (B2/B+); KeyBanc, HSBC and JPMorgan; $50 million five-year revolver; $550 million seven-year term B at Libor plus 425 bps, step-down to Libor plus 400 bps based on leverage, 1% Libor floor, OID 99.5, 101 soft call for six months; fund acquisition of Flowchem from Arsenal Capital Partners, refinance existing debt and general corporate purposes; Fort Worth, Texas, producer and distributor of specialty chemicals.

KOFAX (PROJECT LEOPARD HOLDINGS): $565 million credit facilities (B2/B); Credit Suisse, Goldman Sachs and UBS; $60 million revolver; $505 million six-year covenant-light first-lien term loan talked at Libor plus 550 bps, 1% Libor floor, OID 99, 101 soft call for six months; help fund buyout oby Thoma Bravo from Lexmark International Inc.; Irvine, Calif., provider of software solutions and services across multi-channel capture and financial process automation markets.

LIVE NATION ENTERTAINMENT INC.: $970 million term B talked at Libor plus 200 bps, 0% Libor floor, OID 99.75 to par, 101 soft call for six months; JPMorgan; repricing; Beverly Hills, Calif., provider of live music concerts and live entertainment ticketing sales and marketing services.

MEDICAL SOLUTIONS: $310 million senior secured credit facilities; UBS, Morgan Stanley and Sun Trust; $35 million five-year revolver (B1/B) at Libor plus 450 bps; $210 million seven-year first-lien term loan (B1/B) at Libor plus 425 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $65 million eight-year second-lien term loan (Caa1/CCC+) at Libor plus 825 bps, 1% Libor floor, OID 98.5, call protection 102, 101; help fund buyout by TPG Growth from Beecken Petty O’Keefe & Co.; Omaha, Neb., provider of healthcare staffing solutions for hospitals.

MTS SYSTEMS CORP.: $457.7 million term B talked at Libor plus 300 bps to 325 bps, 0.75% Libor floor, OID 99.875, 101 soft call for six months; JPMorgan; repricing; Eden Prairie, Minn., supplier of high-performance test systems and position sensors.

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.

NORTH AMERICAN BANCARD (NAB HOLDINGS LLC): $640 million seven-year first-lien term loan (B) at Libor plus 350 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; Credit Suisse, RBC and Jefferies; help fund acquisition of Total Merchant Services Inc. and refinance existing debt; Troy, Mich., merchant acquirer for payment processing.

PENN ENGINEERING & MANUFACTURING CORP.: $580 million seven-year term B (B1/BB-) at Libor plus 275 bps, step-down to Libor plus 250 bps at 3x first-lien net leverage, 1% Libor floor, OID 99.875, 101 soft call for six months; JPMorgan; also €100 million seven-year term C (BB-) at Euribor plus 250 bps, step-down to Euribor plus 225 bps at 3x first-lien net leverage, 1% floor, OID 99.875, 101 soft call for six months; fund an acquisition; Danboro, Pa., manufacturer of highly engineered specialty fasteners.

PLASMAN GROUP: $325 million senior secured term B (Caa1/B) talked at Libor plus 550 bps, 1% Libor floor, OID 98.5 to 99, 101 soft call for six months; Barclays; repay existing debt and fund a one-time dividend to shareholders; Windsor, Ont., full-service supplier of Class A automotive exterior trim, fascia and precision components and systems to OEMs.

QUALITY DISTRIBUTION (GRUDEN ACQUISITION INC.): $60 million add-on first-lien term loan (B2) due August 2022 talked at Libor plus 525 bps to 550 bps, 1% Libor floor, OID 98, 101 soft call for six months; Jefferies; pay down revolver; also repricing existing term loan upwards to match add-on pricing; Tampa, Fla., operator of a dedicated bulk tank network.

QUINCY MEDIA INC.: $226.7 million term B due November 2022 talked at Libor plus 325 bps 1% Libor floor, 101 soft call for six months; Wells Fargo; repricing; Quincy, Ill., media company.

RACKSPACE HOSTING INC.: Expected closing June 21; $2.095 billion senior secured covenant-light term B due Nov. 3, 2023 at Libor plus 300 bps, 1% Libor floor, 101 soft call for six months; Citigroup, Deutsche Bank, Barclays, RBC and Credit Suisse; repricing and general corporate purposes, including to help fund potential acquisition of TriCore; San Antonio-based managed cloud company.

SALLY BEAUTY HOLDINGS INC.: $850 million in seven-year term B debt (Ba1/BBB-); JPMorgan; $600 million floating-rate term B talked at Libor plus 275 bps to 300 bps, 0% Libor floor, OID 99, 101 soft call for six months; $250 million fixed-rate term B talked at 4.75% to 5%, OID 99, non-call one, 102, 101; redeem notes; also extending and repricing ABL revolver; Denton, Texas, specialty retailer and distributor of professional beauty supplies.

SECURUS TECHNOLOGIES HOLDINGS INC.: $1.3 billion credit facilities; Deutsche Bank, Bank of America, Barclays, Citigroup, Credit Suisse, Goldman Sachs, Jefferies, Morgan Stanley and BNP Paribas; $150 million super-priority revolver (BB); $870 million seven-year covenant-light first-lien term loan (B) talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $280 million eight-year covenant-light second-lien term loan (CCC+) talked at Libor plus 800 bps to 825 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund buyout by Platinum Equity from ABRY Partners; Dallas-based provider of advanced inmate communications, investigative technologies and information management solutions to the corrections industry.

SRS DISTRIBUTION INC.: $704.5 million first-lien term loan (B2/B) due Aug. 25, 2022 talked at Libor plus 325 bps to 350 bps, 1% Libor floor, 101 soft call for six months; Barclays and UBS; repricing; McKinney, Texas, roofing products distributor.

ST. GEORGE’S UNIVERSITY: $710 million covenant-light first-lien term loan due July 2022 talked at Libor plus 425 bps, 1% Libor floor, 101 soft call for six months; Goldman Sachs; repricing; Grenada, West Indies, educational institution providing students with medical degrees as well as veterinary and liberal arts graduate and undergraduate degrees.

STERLING TALENT SOLUTIONS: $647 million first-lien term B (including $155 million incremental) (B2/B) due June 19, 2024 talked at Libor plus 425 bps, 1% Libor floor, OID 99.75 on new money only, 101 soft call for six months; Goldman Sachs, JPMorgan, Credit Suisse, KeyBanc and ING; amend and extend existing first-lien term loan, and repay revolver balance and second-lien term loan; Seattle-based provider of comprehensive employment and background screening services.

SUPERIOR INDUSTRIES INTERNATIONAL INC.: Closing expected June 12 week; $549 million senior secured credit facilities (B1/B); Citigroup, JPMorgan, Deutsche Bank and RBC; $160 million five-year revolver; $389 million seven-year covenant-light term B at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call; help fund acquisition of Uniwheels AG; Southfield, Mich., manufacturer of aluminum wheels for passenger cars and light-duty vehicles.

SURGERY CENTER HOLDINGS INC.: $1.365 billion senior secured credit facilities (B1/B); Jefferies and KKR; $75 million five-year revolver; $1.29 billion seven-year senior secured covenant-light term loan talked at Libor plus 325 bps to 350 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; help fund acquisition of National Surgical Healthcare from Irving Place Capital and refinance existing term loan; Nashville, Tenn., healthcare services company.

SWITCH LTD.: $950 million credit facilities (B1/BBB-); BMO, Wells Fargo, Goldman Sachs and JPMorgan; $450 million revolver; $500 million seven-year covenant-light term B talked at Libor plus 300 bps to 325 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; refinance existing debt, fund a dividend and general corporate purposes; Las Vegas-based developer and operator of data centers.

TRC COS. INC.: $385 million credit facilities (B2/B); UBS, Barclays and Citizens; $60 million five-year revolver at Libor plus 400 bps; $325 million seven-year covenant-light first-lien term loan at Libor plus 400 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; help fund buyout by New Mountain Capital LLC; Windsor, Conn., engineering, environmental consulting and construction management firm.

UNITYMEDIA FINANCE LLC: Expected closing on or about Sept. 14; $855 million covenant-light term B (Ba3) due September 2025 at Libor plus 225 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; Deutsche Bank, Bank of America, Barclays, BNP Paribas, Citigroup, ING, Goldman Sachs, JPMorgan, RBC and Scotia; refinance notes; Germany-based cable TV and broadband company.

U.S. ANESTHESIA PARTNERS: $1.4 billion credit facilities; Goldman Sachs, Barclays, JPMorgan, Morgan Stanley, Antares, BMO and Capital One; $150 million five-year revolver (B1/B); $950 million seven-year first-lien term loan (B1/B) talked at Libor plus 325 bps to 350 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $300 million pre-placed eight-year second-lien term loan (Caa1/CCC+); refinance existing debt, and pay a one-time shareholder dividend and management bonuses; Fort Lauderdale, Fla., physician-service organization that focuses on providing anesthesia and pain management services to patients.

USIC HOLDINGS INC.: $673 million first-lien term loan (including $40 million incremental) (B2/B) due December 2023 at Libor plus 350 bps, step-down to Libor plus 325 bps at 4.25x net first-lien secured leverage, 1% Libor floor, 101 soft call for six months; Goldman Sachs and Morgan Stanley; repricing and add cash to the balance sheet; Indianapolis-based provider of underground utility locating services.

VERINT SYSTEMS INC.: $725 million credit facilities; JPMorgan; $300 million revolver; $425 million seven-year term B talked at Libor plus 225 bps to 250 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; refinance existing bank debt; Melville, N.Y., provider of actionable intelligence solutions and value-added services.

VERITAS TECHNOLOGIES CORP.: $1.948 billion covenant-light term loan (B+) due January 2023 talked at Libor plus 450 bps to 475 bps, 1% Libor floor, OID 99.5 to 99.75, 101 soft call for six months; Bank of America, Morgan Stanley, UBS and Jefferies; also €900 million covenant-light term loan (B+) due January 2023 talked at Euribor plus 450 bps to 475 bps, 1% floor, OID 99.5 to 99.75, 101 soft call for six months; help refinance existing term loans; Mountain View, Calif., provider of storage and server management software solutions.

VIRTU FINANCIAL INC.: Expected closing late June; $1.15 billion 4.5-year senior secured term B (Ba2/B+/BB-) at Libor plus 375 bps, 1% Libor floor, OID 99.875, 101 soft call for six months; JPMorgan; help fund acquisition of KCG Holdings Inc. and refinance debt; New York-based technology-enabled market maker and liquidity provider to the financial markets.

WERNERCO: $265 million seven-year term loan (B2) talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 99, 101 soft call for six months; JPMorgan; help fund buyout by Triton; Schaffhausen, Switzerland, manufacturer and distributor of access products, fall protection equipment, secure storage systems and light duty construction equipment.

WESTERN DENTAL SERVICES (PREMIER DENTAL SERVICES INC.): $330 million senior secured credit facilities (B3/B-); RBC and BMO; $25 million revolver; $305 million six-year term B talked at Libor plus 525 bps to 550 bps, 1% Libor floor, OID 99, 101 soft call for six months; refinance existing debt and the fund acquisition of Project Riley; Orange, Calif., dental services organization.

WEX INC.: $1.629 billion in term loans (BB-); Bank of America; $1.191 billion term B talked at Libor plus 275 bps, 0% Libor floor, 101 soft call for six months; $438 million term A; repricing; South Portland, Maine, provider of corporate payment solutions.

WIDEOPENWEST FINANCE LLC: $2.355 billion term loan (B2) talked at Libor plus 300 bps to 325 bps, 1% Libor floor, OID 99.75, 101 soft call for six months; JPMorgan; help refinance term loan and notes; Englewood, Colo., provider of data, video and telephone services.

ZELIS HEALTHCARE: $350 million of credit facilities (B2/B+); SunTrust; $25 million revolver; $325 million seven-year covenant-light term B talked at Libor plus 350 bps to 375 bps, 0% Libor floor, OID 99.5 to 99.75, 101 soft call for six months; refinance existing debt; Bedminster, N.J., healthcare information technology company and provider of end-to-end healthcare claims cost management and payments solutions.

On The Horizon

ALBANY MOLECULAR RESEARCH INC.: New debt financing; help fund buyout by The Carlyle Group and GTCR LLC; Albany, N.Y., contract research and manufacturing organization that works with the life sciences industry to improve patient outcomes and the quality of life.

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

AVANTOR: $5.5 billion senior secured credit facilities; Goldman Sachs, Barclays, Jefferies and JPMorgan; $5 billion in U.S. and euro first-lien term loans; up to $500 million revolver; help fund acquisition of VWR International LLC; Center Valley, Pa., supplier of ultra-high-purity materials for the life sciences and advanced technology industries.

BOWLMOR AMF: New debt financing; JPMorgan and Credit Suisse; help fund buyout by Atairos Group Inc.; New York-based operator of bowling centers.

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.

CAPCO: New debt financing; Barclays, Credit Suisse, BMO, HSBC and Natixis; help fund acquisition by Clayton, Dubilier & Rice (CD&R) of a majority interest in the company from FIS; provider of business, digital and technology consulting services for the financial services industry.

DEXKO GLOBAL INC.: New debt financing; Credit Suisse, Goldman Sachs, Deutsche Bank and Barclays; help fund buyout by KPS Capital Partners LP from The Sterling Group LP; Novi, Mich., supplier of highly engineered running gear technology, chassis assemblies and related components.

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.

GOLDEN ENTERTAINMENT INC.: $1.1 billion credit facilities; JPMorgan, Credit Suisse, Macquarie and Morgan Stanley; $100 million five-year revolver expected at Libor plus 300 bps, 0% Libor floor; $800 million seven-year covenant-light first-lien term loan expected at Libor plus 300 bps, 0.75% Libor floor, 101 soft call for six months; $200 million eight-year covenant-light second-lien term loan expected at Libor plus 700 bps, 0.75% Libor floor, call protection 102, 101; help fund acquisition of American Casino & Entertainment Properties LLC and refinance existing debt; Las Vegas-based owner and operator of gaming properties.

HAWK HOLDING CO. LLC: $1.796 billion credit facilities; JPMorgan, Bank of America, Wells Fargo, Credit Suisse, Citigroup and U.S. Bank (only on first-lien); $196.25 million senior secured revolver; $1.235 billion first-lien secured term loan; $365 million second-lien secured term loan; help fund acquisition of Intrawest Resorts Holdings Inc. by Aspen Skiing Co. LLC and KSL Capital Partners LLC; mountain resort and adventure company.

LUMOS NETWORKS CORP.: $535 million senior secured credit facilities; Morgan Stanley and Goldman Sachs; $485 million first-lien term loan; $50 million revolver; help fund acquisition by EQT, refinance existing debt and general corporate purposes; Waynesboro, Va., provider of fiber-based data, voice and IP-based telecommunication services.

MACDONALD, DETTWILER AND ASSOCIATES LTD. (MDA): $3.75 billion senior secured credit facilities; RBC and Bank of America; $1.25 billion four-year revolver; $250 million three-year term A; $250 million four-year term A; $2 billion seven-year term B expected at Libor plus 250 bps, 101 soft call for six months; help fund acquisition of DigitalGlobe Inc.; Vancouver, B.C. 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.

RAYONIER ADVANCED MATERIALS INC.: Up to $450 million of incremental senior secured term loans; Bank of America and Wells Fargo; help fund acquisition of Tembec Inc.; Jacksonville, Fla., supplier of high purity cellulose.

RCN TELECOM SERVICES LLC (RADIATE HOLDCO): $1.425 billion incremental credit facilities; UBS, Credit Suisse, Morgan Stanley and Nomura; $150 million incremental revolver; $1.275 billion incremental term loan; help fund acquisition of Wave Broadband; cable operator.

SINCLAIR BROADCAST GROUP INC.: Up to $5.072 billion in incremental bank debt; JPMorgan, RBC and Deutsche Bank; up to $225 million incremental revolver; up to $4.847 billion seven-year senior secured incremental term B; help fund acquisition of Tribune Media Co.; Hunt Valley, Md., television broadcasting company.

WATERWORKS: New debt financing; Barclays, Bank of America, Citigroup, Credit Suisse, Deutsche Bank, JPMorgan and RBC; help fund buyout by Clayton, Dubilier & Rice from HD Supply Holding Inc.; St. Louis-based distributor of water, sewer, storm and fire protection products.

WEST CORP.: New debt financing; Credit Suisse, RBC, Bank of America, Barclays, Citigroup, Deutsche Bank, Morgan Stanley and Goldman Sachs; help fund buyout by Apollo Global Management LLC; Omaha-based provider of communication and network infrastructure services.


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