Bank Loan Calendar: $3.186 billion deals being marketed

January Bank Meetings

CARLYLE GROUP/EMERA POWER ASSETS: $586 million credit facilities; Jefferies and SunTrust; $55 million revolver; $445 million term B; $86 million term C; fund acquisition of three natural gas-fired generation facilities from Emera Inc.; seller of power, capacity and ancillary services into the ISO-New England market.

CONVERGEONE HOLDINGS INC.: $1.525 billion senior secured credit facilities; Wells Fargo leading ABL; Deutsche Bank (left on first-lien), UBS (left on second-lien), Citigroup, Macquarie and Societe Generale leading term loans; $250 million five-year ABL revolver; $925 million seven-year covenant-light first-lien term loan (B2/B-); $350 million eight-year covenant-light second-lien term loan (Caa2/CCC); help fund buyout by CVC Fund VII; Eagan, Minn., IT and managed services provider of collaboration and technology solutions.

Upcoming Closings

BOJANGLES’ INC.: Expected closing Jan. 7; $425 million credit facilities; Citigroup (left on first-lien), KKR (left on second-lien), KeyBanc and Fifth Third; $50 million revolver (B2/B); $300 million seven-year covenant-light first-lien term loan (B2/B) at Libor plus 475 bps, 0% Libor floor, OID 98, 101 soft call; $75 million eight-year covenant-light second-lien term loan (Caa2/CCC+) at Libor plus 850 bps, 0% Libor floor, OID 98, call protection 102, 101; help fund buyout by Durational Capital Management LP and Jordan Co. LP; Charlotte, N.C., restaurant operator and franchisor.

C&D TECHNOLOGIES INC.: $400 million seven-year covenant-light first-lien term B (B3/B-) talked at Libor plus 500 bps area, 0% Libor floor, OID 99 to 99.5, 101 soft call for six months; Bank of America, Credit Suisse, ING and KeyBanc; help fund acquisition of Trojan Battery Co. LLC from Charlesbank Capital Partners and refinance existing debt; Blue Bell, Pa., manufacturer and servicer of industrial lead acid batteries and battery systems.

PAR PACIFIC HOLDINGS INC.: $250 million seven-year senior secured covenant-light term B (B1/BB-) at Libor plus 675 bps, 0% Libor floor, OID 96, call protection 102, 101; Goldman Sachs and Bank of America; help fund acquisition of U.S. Oil & Refining Co.; Houston-based owner and operator of energy and infrastructure businesses.

On The Horizon

ATHENAHEALTH INC.: Up to $4.86 billion senior secured credit facilities; JPMorgan, Deutsche Bank, Bank of America, Barclays, Natixis, PSP Investments, Ares and KKR; help fund buyout by Veritas Capital and Evergreen Coast Capital and merger with Virence Health; Watertown, Mass., provider of network-enabled services for hospital and ambulatory customers.

CALPINE CORP.: $600 million of bank loans; help fund capital expenditures related to the Geysers geothermal project in Northern California; San Jose, Calif., power generator.

CIELO: New debt financing; Barclays; help fund buyout by Permira from Accel-KKR; recruitment process outsourcing partner.

CIVITAS SOLUTIONS INC.: New debt financing; Goldman Sachs, UBS, RBC and KeyBanc; help fund buyout by Centerbridge Partners LP; Boston-based provider of home- and community-based health and human services to individuals with intellectual, developmental, physical or behavioral disabilities and other special needs.

COMMSCOPE INC.: Up to $6.25 billion of bank debt; JPMorgan, Bank of America and Deutsche Bank; $750 million ABL revolver expected at Libor plus 150 bps, 0% Libor floor; up to $5.5 billion seven-year senior secured incremental covenant-light first-lien term loan B-2 expected at Libor plus 250 bps, 25 bps step-down at first-lien leverage of 0.5 times less than closing first-lien leverage, 0% Libor floor, 101 soft call for six months; help fund acquisition of Arris International plc; Hickory, N.C., provider of infrastructure services for communication networks.

COVETRUS: New debt financing; fund a special dividend in connection with spinoff of animal health business from Henry Schein Inc. and merger with Vets First Choice; animal health service and technology platform dedicated to supporting the veterinary market.

DUN & BRADSTREET CORP.: $3.53 billion senior secured credit facilities; Bank of America, Citigroup and RBC; $400 million revolver; $3.13 billion term loan; help fund buyout by an investor group led by CC Capital, Cannae Holdings and Thomas H. Lee Partners LP; Short Hills, N.J., provider of commercial data and analytics.

E.W. SCRIPPS CO.: $525 million seven-year incremental senior secured term B; Wells Fargo; fund acquisition of 15 television stations from Cordillera Communications; Cincinnati-based broadcasting and digital media company.

FLEETPRIDE: $1.07 billion credit facilities; Barclays; $225 million ABL revolver; $620 million first-lien term loan; $225 million second-lien term loan; help fund already completed buyout by American Securities from TPG Capital; Irving, Texas, distributor of aftermarket heavy-duty truck and trailer parts.

GETTY IMAGES INC.: New loans; help refinance balance sheet in connection with acquisition by Getty family from Carlyle Group; visual communications company.

GREIF INC.: $1.2 billion five-year senior secured incremental term A expected at Libor plus 175 bps; Wells Fargo, JPMorgan and Goldman Sachs; help fund acquisition of Caraustar Industries Inc. from H.I.G. Capital; Delaware, Ohio-based producer of industrial packaging products and services.

JOHNSON CONTROLS’ POWER SOLUTIONS: New debt financing; Barclays, Credit Suisse, JPMorgan, Bank of America, BMO, CIBC, Citigroup, Deutsche Bank, Goldman Sachs, HSBC, RBC, Scotia and TD; help fund acquisition by Brookfield Business Partners L.P. and Caisse de dépôt et placement du Québec; producer of batteries for automakers and aftermarket distributors and retailers.

KOFAX: New debt financing; help fund acquisition of Nuance Document Imaging from Nuance Communications Inc.; Irvine, Calif., provider of software solutions and services across multi-channel capture and financial process automation markets.

MKS INSTRUMENTS INC.: $650 million seven-year incremental covenant-light term loan expected at Libor plus 175 bps, 0% Libor floor, 101 soft call for six months; Barclays and HSBC; help fund acquisition of Electro Scientific Industries Inc.; Andover, Mass., provider of instruments, subsystems and process control solutions that measure, control, power, monitor and analyze critical parameters of advanced manufacturing processes.

MPM HOLDINGS INC. (MOMENTIVE): New debt financing; help fund acquisition by SJL Partners LLC, KCC Corp. and Wonik QnC Corp.; Waterford, N.Y., silicones and advanced materials company.

NEXSTAR MEDIA GROUP INC.: $4.1 billion senior secured incremental term loans; Bank of America, Credit Suisse and Deutsche Bank; $500 million incremental term A; $3.6 billion incremental term B; help fund acquisition of Tribune Media Co.; Irving, Texas, diversified media company.

PCI GAMING AUTHORITY (WIND CREEK HOSPITALITY): New debt financing; Credit Suisse; help fund acquisition of Sands Casino Resort in Bethlehem, Pa., from Las Vegas Sands Corp.; owner and operator of gaming and entertainment facilities.

RANPAK CORP. (ONE MADISON CORP.): $495 million senior secured credit facilities; Goldman Sachs; $45 million five-year revolver expected at Libor plus 375 bps if first-lien net leverage is less than 5x and Libor plus 400 bps if more than 5x; $450 million seven-year covenant-light first-lien term loan expected at Libor plus 375 bps if first-lien net leverage is less than 5x and Libor plus 400 bps if more than 5x, 101 soft call for six months; help fund acquisition by One Madison Corp. from Rhône Capital; Concord Township, Ohio, provider of fiber-based, environmentally sustainable protective packaging solutions.

STANDARDAERO AVIATION HOLDINGS INC.: New debt financing; Credit Suisse, Goldman Sachs, RBC, Macquarie, Barclays, Jefferies and Nomura; help fund buyout by Carlyle Group from Veritas Capital; Scottsdale, Ariz., provider of aircraft engine maintenance, repair and overhaul services.

STAPLES INC.: New debt financing; Wells Fargo; help fund acquisition of Essendant Inc.; Framingham, Mass., retailer of office supplies.

T-MOBILE USA INC.: $11 billion senior secured credit facilities; Barclays, Credit Suisse, Deutsche Bank, Goldman Sachs, Morgan Stanley, RBC, BNP Paribas, Commerzbank, Credit Agricole, TD Securities and Wells Fargo on revolver; Barclays, Credit Suisse, Deutsche Bank, Goldman Sachs, Morgan Stanley and RBC on term loan; $4 billion five-year revolver expected at Libor plus 125 bps, 0% Libor floor; $7 billion seven-year covenant-light term loan expected at Libor plus 175 bps, 0% Libor floor, 101 soft call for six months; refinance existing debt in connection with merger with Sprint Corp. and fund working capital needs; Bellevue, Wash., communications services company.

TIVITY HEALTH INC.: $1.335 billion senior secured credit facilities; Credit Suisse; $125 million revolver; $1.21 billion term loan; help fund acquisition of Nutrisystem Inc.; Franklin, Tenn., provider of fitness and health improvement programs.

TRANSDIGM INC.: $3.7 billion of term loans; help fund acquisition of Esterline Technologies Corp.; Cleveland-based designer, producer and supplier of highly engineered aircraft components for use on commercial and military aircraft.

TRAVELPORT WORLDWIDE LTD.: New debt financing; Bank of America, Deutsche Bank, Macquarie, Credit Suisse and Barclays; help fund buyout by Siris Capital Group LLC and Evergreen Coast Capital Corp.; Langley, U.K., travel technology company.

UNIVAR INC.: $1.325 billion senior secured incremental term loan; Goldman Sachs; help fund acquisition of Nexeo Solutions Inc. and refinance Nexeo debt; Downers Grove, Ill., distributor of industrial and specialty chemicals.

US FOODS HOLDING CORP.: $1.5 billion seven-year incremental senior secured term loan; JPMorgan and Bank of America; help fund acquisition of SGA’s Food Group of Companies; Rosemont, Ill., food company and foodservice distributor.

VICTORY CAPITAL HOLDINGS INC.: $1.495 billion senior secured credit facilities; Barclays and RBC; $100 million five-year revolver expected at Libor plus 350 bps, 0% Libor floor; $1.395 billion seven-year covenant-light first-lien term loan expected at Libor plus 350 bps, one 25 bps step-down based on leverage, 0% Libor floor, 101 soft call for six months; refinance existing credit facilities, and fund acquisitions of USAA Asset Management Co. and Harvest Volatility Management LLC; Brooklyn, Ohio, asset management firm.

VIRTU FINANCIAL INC.: $1.5 billion seven-year term loan; Jefferies and RBC; help fund acquisition of Investment Technology Group Inc. and refinance existing term loan; New York-based technology-enabled market maker and liquidity provider to the financial markets.

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