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Published on 9/7/2017 in the Prospect News Bank Loan Daily.

Bank Loan Calendar: $57.3436 billion deals being marketed

September Bank Meetings

AIR MEDICAL GROUP HOLDINGS INC.: Lenders’ presentation Sept. 12; $1.455 billion incremental senior secured term B; Morgan Stanley, Jefferies, Bank of America, Citigroup, Goldman Sachs, Credit Suisse and Nomura; help fund acquisition of American Medical from Envision Healthcare Corp.; Dallas-based medical transportation company.

AVANTOR: Bank meeting Sept. 11 in London (City), Sept. 12 in London (West End) (NY meeting was Sept. 7); $2.651 billion in U.S. senior secured credit facilities (B2/B/BB); Goldman Sachs, Barclays, JPMorgan and Jefferies; $250 million revolver; $2.401 billion seven-year first-lien term loan talked at Libor plus 400 bps, 1% Libor floor, OID 99, 101 soft call for six months; also €500 million seven-year first-lien term loan (B2/B/BB) talked at Euribor plus 425 bps, 0% floor, OID 99, 101 soft call for six months; help fund acquisition of VWR International LLC and fund a distribution to equity holders; Center Valley, Pa., supplier of ultra-high-purity materials for the life sciences and advanced technology industries.

BCP RENAISSANCE PARENT LLC (BLACKSTONE): Lenders’ presentation Sept. 11; $1.2 billion senior secured term B; Morgan Stanley; help fund acquisition of a stake in the Rover Pipeline from Energy Transfer Partners LP and construction.

CAST & CREW ENTERTAINMENT SERVICES LLC: Bank meeting Sept. 8; $495 million seven-year first-lien term loan; RBC; refinance existing debt; Burbank, Calif., provider of technology-enabled payroll, production accounting and related value-added services to the entertainment industry.

EAGLEVIEW TECHNOLOGY CORP.: Conference call Sept. 8; $100 million incremental first-lien term B; Morgan Stanley and Nomura; repay existing second-lien term loan; Bothell, Wash., technology provider of aerial imagery, data analytics and GIS solutions.

EATING RECOVERY CENTER: Bank meeting Sept. 27; $325 million senior credit facilities; Antares and Golub; help fund buyout by CCMP Capital Advisors LP from Lee Equity Partners; Denver-based provider of comprehensive treatment for eating disorders.

GREENWAY HEALTH LLC: Conference call Sept. 8; Jefferies; Carrollton, Ga., provider of clinical, financial, connectivity, and information software products and services to physician practices.

HARLAND CLARKE HOLDINGS: Conference call Sept. 8; $100 million incremental covenant-light first-lien term B-6 due February 2022 talked at Libor plus 550 bps, 1% Libor floor, OID 99.5; Credit Suisse; fund acquisition of MaxPoint Interactive; San Antonio-based provider of media delivery, payment solutions and marketing services.

INSTITUTIONAL SHAREHOLDER SERVICES INC.: Bank meeting tentatively Sept. 19; $450 million credit facilities; Antares and Golub; $40 million five-year revolver; $275 million seven-year covenant-light first-lien term loan; $25 million seven-year (one-year undrawn availability) delayed-draw term loan; $110 million eight-year second-lien term loan; help fund buyout by Genstar Capital from Vestar Capital Partners; Rockville, Md., provider of corporate governance and responsible investment solutions to financial market participants.

INTERNATIONAL CAR WASH GROUP: $725 million credit facilities; Goldman Sachs, Jefferies, Barclays and Credit Suisse; $75 million revolver; $450 million first-lien term loan; $200 million second-lien term loan; help fund buyout by Roark Capital Group from TDR Capital LLP; U.K.-based car wash operator.

LPL HOLDINGS INC.: Conference call Sept. 8; $1.495 billion term loan due September 2024 talked at Libor plus 200 bps to 225 bps, 0% Libor floor, 101 soft call for six months; JPMorgan; help refinance existing term B; Boston-based investment company.

MW INDUSTRIES: Bank meeting expected in September; RBC, Citigroup, Jefferies, Citizens and Antares; help fund buyout by American Securities from Genstar; Rosemont, Ind., designer and manufacturer of springs and other specialty engineered metal components for diverse end markets.

REFRESCO: Bank meeting Sept. 11 in London, Sept. 12 in NY; $620 million seven-year senior secured term B (Ba3/BB-) talked at Libor plus 300 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; JPMorgan, ABN Amro, BNP Paribas, Rabobank, Commerzbank, HSBC, MUFG, Mizuho and Societe Generale; also €1.3 billion seven-year senior secured term B (Ba3/BB-) talked at Euribor plus 300 bps, 0% floor, OID 99.75, 101 soft call for six months, and €200 million six-year multi-currency revolver (Ba3/BB-); fund the acquisition of the bottling activities of Cott and refinance existing debt; Rotterdam, the Netherlands, bottler of beverages.

SEBIA: Bank meeting Sept. 11; $225 million seven-year term B; Nomura; also €620 million seven-year term B and €20 million revolver; help fund acquisition of a significant minority stake by Caisse de dépôt et placement du Québec and refinance existing debt; France-based multi-specialty in-vitro diagnostics company focusing on oncology, genetic haemoglobin and metabolic disorders.

TRAVERSE MIDSTREAM PARTNERS LLC: Bank meeting Sept. 11; $1.135 billion seven-year first-lien term loan, 101 soft call for six months; Deutsche Bank and JPMorgan; fund construction costs for Rover Pipeline and refinance existing debt; Edmond, Okla., midstream company.

VERTICALSCOPE: Bank meeting Sept. 12; $170 million five-year credit facilities; Capital One; $10 million revolver; $160 million term loan (including $50 million delayed-draw tranche); refinance existing debt and general corporate purposes; Toronto-based online media company.

Upcoming Closings

APPLIED SYSTEMS INC.: $1.575 billion credit facilities; Nomura, Jefferies and Macquarie; $50 million five-year revolver (B1/B); $1.03 billion seven-year first-lien term B (B1/B) talked at Libor plus 350 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $495 million eight-year second-lien term loan (Caa2/CCC) talked at Libor plus 725 bps to 750 bps, 1% Libor floor, OID 99, call protection 102, 101; refinance existing debt and fund a distribution to shareholders; University Park, Ill., cloud software provider to the property & casualty and benefits insurance industry.

ARISTOCRAT LEISURE LTD.: Expected closing end of October; $425 million incremental senior secured covenant-light seven-year term B talked at Libor plus 200 bps to 225 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Citigroup; help fund acquisition of Plarium Global Ltd.; Sydney, Australia-based provider of gaming services.

ATLANTIC BROADBAND: $1.85 billion credit facilities (B1/BB-); Credit Suisse, Bank of America, CIBC and BMO; $150 million revolver; $1.7 billion seven-year covenant-light first-lien term loan at Libor plus 237.5 bps, 12.5 bps step-down at 4.85x senior secured net leverage, 0% Libor floor, OID 99.75, 101 soft call for six months; help fund acquisition of MetroCast from Harron Communications LP; Quincy, Mass., cable operator.

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.

CINCINNATI BELL INC.: Expected closing Oct. 2; $800 million senior secured credit facilities (Ba3/BB-); Morgan Stanley, PNC, Regions, Barclays, Citigroup and Citizens; $200 million five-year revolver at Libor plus 375 bps, 0% Libor floor; $600 million seven-year covenant-light term B at Libor plus 375 bps, 1% Libor floor, OID 99, 101 soft call for six months; help fund acquisitions of Hawaiian Telcom Inc. and OnX Enterprise Solutions and refinance debt; Cincinnati provider of integrated communications solutions.

CLUBCORP: $1.35 billion of senior secured credit facilities (B1/B+); Citigroup, RBC, Barclays, Credit Suisse, Deutsche Bank and Goldman Sachs; $175 million revolver; $1.175 billion seven-year covenant-light term B talked at Libor plus 325 bps, step-down to Libor plus 300 bps at less than 3.25x net first-lien leverage, 0% Libor floor, OID 99.5, 101 soft call for six months; help fund buyout by Apollo Global Management LLC; Dallas-based owner and operator of private golf and country clubs and business, sports and alumni clubs.

CONDUENT BUSINESS SERVICES LLC: Expected closing Oct. 10; $846 million senior secured term B due Dec. 7, 2023 talked at Libor plus 300 bps to 325 bps, 0% Libor floor, 101 soft call for six months; Citigroup; repricing; Florham Park, N.J., provider of business process services with expertise in transaction-intensive processing, analytics and automation.

CORSAIR: $350 million credit facilities; Macquarie and BNP Paribas; $50 million revolver (B2/B); $235 million seven-year first-lien term loan (B2/B) talked at Libor plus 450 bps to 475 bps, 1% Libor floor, OID 99, 101 soft call for six months; $65 million eight-year second-lien term loan (Caa1/CCC+) talked at Libor plus 850 bps, 1% Libor floor, OID 98.5, call protection 102, 101; help fund buyout by EagleTree Capital from Francisco Partners; Fremont, Calif., provider of high performance branded computer products, including memory, components, peripherals, and complete systems.

DATABANK: $380 million credit facilities; SunTrust, RBC and TD Securities; $50 million revolver (B2/B-); $230 million seven-year first-lien term loan (B2/B-) talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 99, 101 soft call for six months; $100 million 7.5-year pre-placed second-lien term loan; help refinance existing debt and fund growth initiatives; Dallas-based provider of enterprise-class data center, cloud, and interconnection services.

DIGICERT HOLDINGS INC.: $1.59 billion senior secured credit facilities; UBS, Credit Suisse, Jefferies, Macquarie and Goldman Sachs; $90 million revolver (B+/BB+); $300 million term B-1 (B+/BB+) due Dec. 31, 2020 talked at Libor plus 400 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $900 million seven-year term B-2 (B+/BB+) talked at Libor plus 500 bps, 1% Libor floor, OID 99, 101 soft call for six months; $300 million eight-year second-lien term loan (CCC+/BB-) talked at Libor plus 850 bps, 1% Libor floor, OID 99, call protection 102, 101; fund acquisition of Symantec Corp.’s Website Security and related PKI solutions; Lehi, Utah, provider of scalable security solutions.

ECI SOFTWARE SOLUTIONS: $570 million credit facilities; Bank of America (left on first-lien) and RBC (left on second-lien); $50 million revolver (B2/B); $380 million first-lien term B (B2/B) talked at Libor plus 400 bps to 425 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $140 million second-lien term loan (Caa2/CCC) talked at Libor plus 800 bps, 1% Libor floor, OID 98.5 to 99, call protection 102, 101; help fund buyout by Apax Partners from The Carlyle Group and Level Equity; Fort Worth, Texas-based provider of enterprise resource planning software solutions to small- and medium-sized businesses across the distribution, field services, building and construction and manufacturing industries.

EDUCATION ADVISORY BOARD (EAB): $870 million credit facilities; Macquarie and Antares; $70 million five-year revolver (B2/B); $540 million seven-year covenant-light first-lien term loan (B2/B) talked at Libor plus 350 bps to 375 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $260 million privately placed eight-year second-lien term loan; help fund buyout by Vista Equity Partners from The Advisory Board Co.; best practices firm that uses a combination of research, technology and services to improve the performance of educational institutions.

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.

GOLDEN ENTERTAINMENT INC.: $1.1 billion credit facilities; JPMorgan, Credit Suisse, Macquarie and Morgan Stanley; $100 million five-year revolver (B1/B+); $800 million seven-year covenant-light first-lien term loan (B1/B+) at Libor plus 300 bps, 0.75% Libor floor, OID 99.5, 101 soft call; $200 million eight-year covenant-light second-lien term loan (Caa1/CCC+) at Libor plus 700 bps, 0.75% Libor floor, OID 98.5, 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.

GOLDEN NUGGET INC.: $1.08 billion incremental first-lien term loan (Ba3) due October 2023 talked at Libor plus 350 bps, 0.75% Libor floor, OID 99.5, 101 soft call for six months; Jefferies, Citigroup, Rabobank, KeyBanc and Citizens; help refinance existing debt and fund a shareholder distribution; also repricing existing term loan higher to match incremental pricing; diversified restaurant, hospitality and entertainment company.

INTERNET BRANDS INC.: $1.69 billion in term loans; Credit Suisse (left on first-lien), RBC (left on second-lien), Citigroup, Bank of America, KKR, Macquarie and Mizuho; $1.115 billion seven-year covenant-light first-lien term loan (B2/B) at Libor plus 375 bps, 25 bps step-down at 4.25x first-lien net leverage, 0% Libor floor, OID 99.5, 101 soft call for six months; $575 million eight-year covenant-light second-lien term loan (Caa2/CCC+) at Libor plus 750 bps, 0% Libor floor, OID 99, call protection 102, 101; help fund acquisition of WebMD Health Corp.; also amend and extend of existing first-lien term loan to make it fungible at 99.5 OID; El Segundo, Calif., provider of vertically focused online media and software services.

MACDONALD, DETTWILER AND ASSOCIATES LTD. (MDA): $2 billion seven-year covenant-light term B (Ba3/BB) at Libor plus 275 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; RBC, Bank of America, BMO, CIBC, Wells Fargo, TD, Scotia and HSBC; help fund acquisition of DigitalGlobe Inc.; Vancouver, B.C. communications and information company.

MCAFEE LLC: $4.75 billion senior secured credit facilities; Morgan Stanley (left on first-lien), JPMorgan (left on second-lien), Bank of America, Goldman Sachs, Barclays, Citigroup, Deutsche Bank, RBC, UBS and Mizuho; $500 million five-year revolver (B1/B) talked at Libor plus 375 bps to 400 bps, 0% Libor floor; $3.5 billion seven-year covenant-light first-lien term B (B1/B) talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 99 to 99.5, 101 soft call for six months; $750 million eight-year covenant-light second-lien term loan (Caa1/B-) talked at Libor plus 775 bps to 800 bps, 1% Libor floor, OID 98.5, call protection 102, 101; refinance existing Intel seller financing and pay a dividend; Santa Clara, Calif., cybersecurity company.

MITEL NETWORKS CORP.: $300 million six-year covenant-light term B (B1/B+) talked at Libor plus 400 bps to 425 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; BMO, Citizens, HSBC and CIBC; help fund acquisition of ShoreTel; Ottawa provider of communications software solutions.

MRC GLOBAL INC.: $400 million seven-year senior secured term B talked at Libor plus 350 bps to 375 bps, 1% Libor floor, OID 99.75, 101 soft call for six months; JPMorgan; help refinance existing term B; Houston-based distributor of pipe, valve, fittings and related products and services to the energy industry.

NATURE’S BOUNTY CO. (ALPHABET HOLDING CO. INC.): $2.25 billion credit facilities; Credit Suisse, Jefferies, Morgan Stanley, RBC, HSBC, Mizuho, Macquarie and KKR; $350 million ABL revolver (Ba1/BB-); $1.5 billion seven-year covenant-light first-lien term loan (B1/B) at Libor plus 350 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $400 million eight-year covenant-light second-lien term loan (Caa1/CCC+) at Libor plus 775 bps, 0% Libor floor, OID 99, call protection 102, 101; help fund buyout by KKR from the Carlyle Group; Ronkonkoma, N.Y., manufacturer, marketer and distributor of health and wellness products.

PAREXEL INTERNATIONAL CORP.: $2.365 billion senior secured credit facilities (B1/B); Bank of America, JPMorgan, Barclays, Morgan Stanley, HSBC and Jefferies; $300 million five-year revolver; $2.065 billion seven-year covenant-light term B at Libor plus 300 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; help fund buyout by Pamplona Capital Management LLP; Waltham, Mass., biopharmaceutical services company.

PEABODY ENERGY CORP.: $647.6 million first-lien senior secured term B due March 2022 talked at Libor plus 325 bps to 350 bps, 1% Libor floor, 101 soft call for six months; Goldman Sachs; repricing; St. Louis-based coal company.

PIKE CORP.: $630 million senior secured seven-year covenant-light term B (B) talked at Libor plus 350 bps to 375 bps, 1% Libor floor, OID 99.5 on new money, 101 soft call for six months; Morgan Stanley, KeyBanc, SunTrust and Fifth Third; refinance first-and second-lien term loans; Mount Airy, N.C., specialty construction and engineering firm.

PLAYCORE: $635 million senior secured credit facilities; Goldman Sachs, KeyBanc and SunTrust; $70 million asset-based revolver; $370 million seven-year first-lien term loan (B2/B) talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $50 million delayed-draw first-lien term loan (B2/B) talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 99.5; $145 million second-lien term loan (Caa2/CCC+); help fund buyout by Court Square Capital Partners; Chattanooga, Tenn., designer, manufacturer and marketer of commercial playground, park, recreation and specialty equipment and related complementary products.

QUINTILES IMS HOLDINGS INC.: $750 million term B-2 (Ba1/BBB-) talked at Libor plus 200 bps to 225 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; JPMorgan; pay down revolver borrowings; information and technology-enabled health care service provider.

SANDVINE CORP. (PNI CANADA ACQUIRECO CORP.): $400 million five-year first-lien term loan (B3/B-) at Libor plus 575 bps, 1% Libor floor, OID 94, 101 soft call; JPMorgan and Societe Generale; help fund buyout by Francisco Partners and merger with Procera Networks Inc.; Waterloo, Ont., provider of network policy control solutions.

SMB SHIPPING LOGISTICS: Roughly $359 million first-lien term loan; Antares; refinance existing term loan; Dallas-based provider of shipping and freight services to small- and medium-sized businesses.

SRAM LLC: $544 million term B talked at Libor plus 300 bps, 1% Libor floor, 101 soft call for six months; JPMorgan; repricing; Chicago-based bicycle components company.

STAPLES INC.: $4.1 billion credit facilities; UBS, Bank of America, Deutsche Bank, Credit Suisse, RBC, Jefferies, Fifth Third, Goldman Sachs, Citigroup, KKR and Natixis on term loan; Wells Fargo left on ABL; $2.9 billion seven-year first-lien term loan (B1/B+) at Libor plus 400 bps, 1% Libor floor, OID 99.75, 101 soft call for six months; $1.2 billion ABL facility; help fund buyout by Sycamore Partners; Framingham, Mass., retailer of office supplies.

TNS INC.: $150 million add-on first-lien term B (B+) talked at Libor plus 400 bps, OID 99.75, 101 soft call for six months; SunTrust and Macquarie; repay second-lien term loan; Reston, Va., provider of data communications and interoperability services.

TRAEGER GRILLS (TGP HOLDINGS III LLC): $440 million credit facilities; Credit Suisse, Goldman Sachs, Jefferies and RBC; $30 million revolver (B2/B-); $295 million seven-year first-lien term loan (including $40 million delayed-draw tranche) (B2/B-) talked at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; $115 million eight-year second-lien term loan (Caa2/CCC) talked at Libor plus 850 bps, 1% Libor floor, OID 98.5, call protection 102, 101; help fund buyout by AEA Investors in partnership with Ontario Teachers’ Pension Plan from Trilantic North America; Salt Lake City-based designer of outdoor cooking products.

TRIMARK USA LLC: $585 million seven-year first-lien term loan (including $25 million delayed-draw tranche) (B3/B) talked at Libor plus 375 bps to 400 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Barclays, Jefferies, Nomura and Citizens; help fund buyout by Centerbridge Partners LP from Warburg Pincus; South Attleboro, Mass., provider of equipment, supplies and design services to the foodservice industry.

TRONOX FINANCE LLC: $2.15 billion seven-year covenant-light term B (Ba3/BB-) talked at Libor plus 325 bps to 350 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Bank of America, Citigroup, Goldman Sachs, Wells Fargo, RBC, Credit Suisse and Barclays; refinance existing debt and acquisition financing; Stamford, Conn., mining and inorganic chemical company.

TTM TECHNOLOGIES INC.: $350 million seven-year senior secured covenant-light first-lien term loan (Ba3/BBB-) talked at Libor plus 300 bps to 325 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Barclays and JPMorgan; repay existing term B and revolver borrowings; Costa Mesa, Calif., printed circuit board manufacturer.

VANTIV LLC (WORLDPAY): $4.236 billion in bank debt (Ba2/BBB-); Morgan Stanley, Credit Suisse, MUFG, Banco Bilbao, Citizens, Lloyds, Mediobanca, Mizuho, RBC, Sumitomo, UniCredit, Barclays, BMO Harris, Capital One and Fifth Third on revolver and term A; Morgan Stanley, Credit Suisse and MUFG on term B; $600 million incremental revolver; $1.605 billion five-year term A talked at Libor plus 225 bps, OID 99.75 to 99.875; $1.27 billion senior secured covenant-light term B due Aug. 7, 2024 talked at Libor plus 225 bps, 0% Libor floor, OID 99.5 to 99.75, 101 soft call for six months; repriced $761 million senior secured covenant-light term B due Oct. 14, 2023 talked at Libor plus 225 bps, 0% Libor floor, 101 soft call for six months; support the acquisition of Worldpay Group plc and fund a share buyback; Cincinnati merchant and PIN debit acquirer.

WASTE INDUSTRIES (WRANGLER BUYER CORP.): $1.09 billion credit facilities (B); Barclays, Macquarie and SunTrust; $200 million five-year revolver; $890 million seven-year covenant-light first-lien term loan talked at Libor plus 275 bps to 300 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; help fund buyout by HPS Investment Partners LLC and Equity Group Investments from Macquarie Infrastructure Partners; Raleigh, N.C., provider of non-hazardous solid waste collection, transfer, recycling, and disposal services.

WILSHIRE GRAND CENTER (HANJIN INTERNATIONAL CORP.): $600 million three-year senior secured term B (Ba3) talked at Libor plus 300 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Morgan Stanley; refinance existing debt and fund cash to the balance sheet; hotel and mixed-use building.

On The Horizon

ACETATE TOW JOINT VENTURE: $1.605 billion credit facilities; Barclays, Credit Suisse and Deutsche Bank; $65 million senior unsecured revolver; $135 million senior secured revolver; $1.005 billion in senior secured term loans; $400 million senior unsecured term loan; fund a dividend and repay debt in connection with formation of joint venture by Celanese Corp. contribution of Cellulose Derivatives business unit and Blackstone contribution of Rhodia Acetow business; acetate tow supplier.

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

BEACON ROOFING SUPPLY INC.: $2.27 billion senior secured credit facilities; Citigroup (left on term B) and Wells Fargo (left on revolver); $970 million seven-year covenant-light term B expected at Libor plus 275 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $1.3 billion asset-based revolver expected at Libor plus 150 bps; help fund acquisition of Allied Building Products Corp. and refinance existing term B; Herndon, Va., distributor of residential and commercial roofing materials and complementary building products.

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.

COVENANT SURGICAL PARTNERS INC.: New debt financing; Goldman Sachs and KKR Capital; help fund buyout by KKR from DFW Capital Partners, Iroquois Capital Group, PineBridge Investments and other existing shareholders; Nashville, Tenn., acquirer and operator of ambulatory surgery centers and physician practices.

DAVIS VISION-SUPERIOR VISION: New debt financing; Goldman Sachs, Barclays, BMO, Macquarie and Morgan Stanley; help fund buyout by Centerbridge Partners LP from Highmark Inc. and combination with Superior Vision; managed vision care 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.

MULTI-COLOR CORP.: $1.05 billion senior secured credit facilities; Bank of America and Citigroup; $400 million revolver; $250 million term A; $400 million term B; help fund acquisition of the Labels Division of Constantia Flexibles GmbH, refinance an existing revolver and general corporate purposes; Cincinnati-based label maker.

PENN VIRGINIA CORP.: $150 million in five-year debt; Jefferies; help fund acquisition of Eagle Ford assets located primarily in Lavaca County, Texas from Devon Energy Corp.; Houston-based independent oil and gas company.

PHARMERICA CORP.: $1.1 billion secured credit facilities; Goldman Sachs, Morgan Stanley, Wells Fargo, Jefferies and KKR; $100 million revolver; $815 million first-lien term loan; $185 million second-lien term loan; help fund buyout by KKR; Louisville, Ky., provider of pharmacy services.

QUIDEL CORP.: $270 million five-year senior secured credit facilities; Bank of America and JPMorgan; $25 million revolver expected at Libor plus 350 bps; $245 million term loan expected at Libor plus 350 bps; help fund acquisition of the Triage MeterPro cardiovascular and toxicology business, and the Triage BNP business from Alere Inc.; San Diego-based provider of rapid diagnostic testing solutions, cellular-based virology assays and molecular diagnostic systems.

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.

RED VENTURES: New debt financing; Bank of America, Barclays, Citigroup, Credit Suisse, Fifth Third, MUFG and PNC; help fund acquisition of Bankrate; Charlotte, N.C., digital consumer choice platform.

SINCLAIR BROADCAST GROUP INC.: $3.972 billion in incremental bank debt; JPMorgan, RBC and Deutsche Bank; up to $225 million incremental revolver; $3.747 billion seven-year senior secured incremental term B; help fund acquisition of Tribune Media Co.; Hunt Valley, Md., television broadcasting company.

TEN-X LLC: New debt financing; Antares and Guggenheim; help fund buyout by Thomas H. Lee Partners LP; Irvine and Silicon Valley, Calif., provider of an online real-estate marketplace.

WEST CORP.: Up to $3.05 billion senior secured credit facilities; Credit Suisse, RBC, Barclays, Bank of America, Citigroup, Deutsche Bank, Morgan Stanley and Goldman Sachs; $350 million revolver; up to $2.7 billion term loan; help fund buyout by Apollo Global Management LLC; Omaha-based provider of communication and network infrastructure services.

ZENITH ENERGY U.S. LP: New debt financing; Barclays and Credit Suisse; help fund acquisition of Arc Logistics Partners LP; Houston-based liquids and bulk terminaling company.


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