Bank Loan Calendar: $6.635 billion deals being marketed

January Bank Meetings

PRESIDIO INC.: $1.125 billion senior secured credit facilities; JPMorgan, Citigroup, RBC, BofA Securities and MUFG; $100 million five-year revolver; $1.025 billion seven-year term loan; help fund already completed buyout by BC Partners; New York-based IT solutions provider.

SOPHOS: Bank meeting Jan. 7 in NY, Jan. 8 in London; $2.075 billion senior secured credit facilities; Goldman Sachs, BofA Securities, Barclays, Credit Suisse and HSBC; $125 million five-year revolver; $1.43 billion U.S. and euro seven-year covenant-lite first-lien term loan; $520 million eight-year covenant-lite second-lien term loan; help fund buyout by Thoma Bravo; Oxford, U.K., provider of cybersecurity.

Upcoming Closings

CHESAPEAKE ENERGY CORP.: Expected closing Dec. 23; $1.5 billion 4.5-year secured first-lien last-out term loan (B3/B-) at Libor plus 800 bps, 1% Libor floor, OID 98, non-call 1.5 years, then 105, 102.5; JPMorgan, Morgan Stanley, BofA Securities and MUFG; fund a tender offer for unsecured notes issued by Brazos Valley and retirement of Brazos Valley’s existing revolver; Oklahoma City-based oil and natural gas company.

HOSTESS BRANDS LLC: Expected closing early January; $140 million covenant-lite add-on term loan (BB-) due August 2025 at Libor plus 225 bps, 0.75% Libor floor, OID 99.75, 101 soft call until April 1, 2020; Credit Suisse, Citigroup, Nomura and Morgan Stanley; help fund acquisition of Voortman Cookies Ltd. from Swander Pace Capital; Kansas City, Mo., packaged food company.

ONE SKY FLIGHT LLC: $405 million five-year senior secured first-lien term loan (B2//B+) at Libor plus 750 bps, 1% Libor floor, OID 97.5, hard call 102, 101; Jefferies, Guggenheim and CIBC; refinance existing debt, purchase aircraft currently leased and fund cash to the balance sheet to support future growth; private aviation company.

WIRB-COPERNICUS GROUP: $1.39 billion credit facilities; Barclays, Morgan Stanley, Goldman Sachs, BMO, Golub and HSBC; $125 million revolver (B2/B); $920 million first-lien term loan (B2/B) at Libor plus 400 bps, 1% Libor floor, OID 99, 101 soft call; $345 million privately placed second-lien term loan; help fund buyout by Leonard Green & Partners LP; Princeton, N.J., provider of clinical trial optimization solutions.

On The Horizon

ACPRODUCTS INC.: New debt financing; help fund acquisition of Masco Cabinetry from Masco Corp.; The Colony, Texas, manufacturer of cabinetry products.

ALTA EQUIPMENT GROUP INC.: $470 million credit facilities; $300 million asset-based revolver led by JPMorgan; $170 million term loan; help fund acquisition of Alta Equipment Holdings Inc. by B. Riley Principal Merger Corp.; Livonia, Mich., provider of industrial and construction equipment and related services.

AMNEAL PHARMACEUTICALS INC.: $210 million credit facilities; SunTrust; $30 million revolver; $180 million senior secured pro rata term loan at an unrestricted subsidiary; help fund acquisition of a 65.1% interest in AvKARE Inc.; Bridgewater, N.J., pharmaceutical company.

ANIXTER INTERNATIONAL INC.: New debt financing; BofA Securities, JPMorgan, Deutsche Bank, Credit Suisse, Goldman Sachs, Morgan Stanley, UBS, BNP Paribas, ING, Natixis, Societe Generale and Scotia; help fund buyout by Clayton, Dubilier & Rice; Glenview, Ill., distributor of network & security solutions, electrical & electronic solutions and utility power solutions.

ATLAS TECHNICAL CONSULTANTS INC. (BOXWOOD MERGER CORP.): Up to $400 million senior secured credit facilities; Macquarie and Natixis; $40 million five-year revolver expected at Libor plus 425 bps, 1% Libor floor; $290 million seven-year covenant-lite first-lien term loan expected at Libor plus 425 bps, 1% Libor floor, 101 soft call for six months; $70 million eight-year covenant-lite second-lien term loan expected at Libor plus 825 bps, 1% Libor floor, call protection 102, 101; help fund acquisition of Atlas Intermediate Holdings LLC; Austin, Tex., provider of professional testing, inspection, engineering and consulting services.

CHAMPIONX: Roughly $537 million term loan; Bank of America; fund a cash payment to Ecolab Inc. in connection with sale to Apergy Corp. by Ecolab; upstream energy business.

CINEWORLD GROUP PLC: $1.9 billion senior secured incremental term loan; BofA Securities, HSBC and Goldman Sachs; help fund acquisition of Cineplex Inc.; London-based cinema operator.

DIVERSIFIED RESTAURANT HOLDINGS INC.: New debt financing; help fund buyout by ICV Partners LLC; Troy, Mich.-based franchisee for Buffalo Wild Wings sports bars.

EAGLE MATERIALS INC.: $665 million term loan; JPMorgan and Goldman Sachs; help fund acquisition of Kosmos Cement Co.’s Louisville, Ky. cement plant and related assets; Dallas-based manufacturer and distributor of cement, gypsum wallboard, recycled paperboard, concrete, sand and aggregates.

ELANCO ANIMAL HEALTH INC.: $3.75 billion credit facilities; Goldman Sachs; $750 million revolver; $3 billion of term loans; help fund acquisition of Bayer AG’s animal health business; Greenfield, Ind., animal health company.

ELDORADO RESORTS INC./CAESARS ENTERTAINMENT CORP.: $6.4 billion credit facilities; JPMorgan (left on Eldorado), Credit Suisse (left on Caesars), Macquarie, BofA Securities, Deutsche Bank, Goldman Sachs, SunTrust, U.S. Bank, KeyBanc, Fifth Third and Citizens; $1 billion revolver at Eldorado expected at Libor plus 325 bps, 0% Libor floor; $3 billion seven-year covenant-lite term B at Eldorado expected at Libor plus 350 bps, 0% Libor floor, 101 soft call for six months; $2.4 billion seven-year covenant-lite term B at Caesars Resorts Collection expected at Libor plus 325 bps, 0% Libor floor, 101 soft call for six months; help fund acquisition of Caesars; Reno, Nev., gaming company.

INNOPHOS HOLDINGS INC.: $540 million senior secured credit facilities; $125 million asset-based revolver; $415 million first-lien term loan; help fund buyout by One Rock Capital Partners LLC; Cranbury, N.J., producer of essential ingredients.

KNOWLTON DEVELOPMENT CORP. (KDC/ONE): $300 million incremental first-lien term loan; UBS and Jefferies; help fund acquisition of HCT Group; Longueuil, Quebec-based manufacturer and custom formulator of color cosmetics, skincare, haircare, bath & body, fragrance, deodorant, home, health, industrial and auto care products.

LOGMEIN INC.: New debt financing; Barclays, RBC, Deutsche Bank, Mizuho and Jefferies; help fund buyout by Francisco Partners and Elliott Management Corp.; Boston-based provider of cloud-based connectivity.

MAGICLAB: New debt financing; Citigroup; help fund buyout by Blackstone; builder and operator of dating and social networking apps.

MANAGEMENT SERVICES: $1.55 billion credit facilities; JPMorgan and RBC; $200 million revolver; $1.35 billion of term loans; help fund buyout by Lindsay Goldberg and American Securities LLC from Aecom; Germantown, Md., provider of classified and unclassified services to the U.S. federal government and allied governments.

NORTHWEST FIBER LLC: New debt financing; help fund acquisition of Frontier Communications Corp.’s operations and associated assets in Washington, Oregon, Idaho and Montana by WaveDivision Capital LLC and Searchlight Capital Partners LLC.

NOVARIA GROUP: New debt financing; RBC and KKR; help fund buyout by KKR from Rosewood Private Investments and Tailwind Advisors; Fort Worth, Texas, manufacturer of specialty aerospace hardware.

PIXELLE SPECIALTY SOLUTIONS LLC: $275 million credit facilities; Credit Suisse and Citizens; $20 million revolver; $255 million term loan; help fund acquisition of specialty paper mills in Jay, Maine and Stevens Point, Wis. from Verso Corp.; manufacturer of specialty paper products.

SIRVA INC.: New debt financing; Barclays, Deutsche Bank and BofA Securities; help fund acquisition of relocation assets of Cartus from Realogy Holdings Corp.; Oakbrook Terrace, Ill., relocation and moving company.

TECH DATA: New debt financing; Citigroup, JPMorgan, Wells Fargo, Barclays and RBC; help fund buyout by Apollo Global Management Inc.; Clearwater, Fla., distributor of IT products.

T-MOBILE USA INC.: $8 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; $4 billion five-year revolver expected at Libor plus 125 bps, 0% Libor floor; $4 billion seven-year covenant-lite 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.

VIAGOGO: New debt financing; JPMorgan; help fund acquisition of StubHub from eBay Inc.; Geneva-based online resale ticket marketplace.

XPERI CORP.: New debt financing; BofA Securities and RBC; refinance debt in connection with merger with TiVo Corp.; San Jose, Calif., licenser of technologies and intellectual property.

ZAYO GROUP HOLDINGS INC.: $6.74 billion senior secured credit facilities; Credit Suisse, Morgan Stanley, Citigroup, Deutsche Bank, SunTrust and TD Securities; $500 million multi-currency revolver; $6.24 billion of term loans; help fund buyout by Digital Colony Partners and the EQT Infrastructure IV fund and refinance existing debt; Boulder, Colo., provider of mission-critical bandwidth to companies.

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