Bank Loan Calendar: $30.9988 billion deals being marketed

January Bank Meetings

AMERICAN AIRLINES INC.: Lender call Jan. 14; new loan; Citigroup; Fort Worth, Texas, airline company.

BROADSTREET PARTNERS INC.: Lender call Jan. 14; $1.111 billion seven-year term B; RBC, BMO, Barclays, Scotia and SunTrust; refinance existing term B and fund acquisitions; Columbus, Ohio, insurance broker.

FLUIDRA (ZODIAC POOL SOLUTIONS LLC): Lender call Jan. 14; $492 million first-lien term loan (Ba3/BB) due July 2025, 0% Libor floor, 101 soft call for six months; Credit Suisse, Citigroup and BBVA; repricing; Sabadell, Spain, provider of pool equipment and solutions.

FRONERI INTERNATIONAL LTD.: Bank meeting in NY Jan. 15, London Jan. 16; roughly €5.8 billion equivalent of first-and second-lien credit facilities; Credit Suisse, Deutsche Bank, Goldman Sachs, Citigroup, HSBC, JPMorgan and BofA Securities; fund acquisition of Nestle USA’s ice cream business and refinance existing debt; U.K.-based ice cream manufacturer.

INNOPHOS HOLDINGS INC.: Bank meeting Jan. 22; $540 million senior secured credit facilities; RBC, KeyBanc and Barclays; $125 million five-year asset-based revolver; $415 million seven-year first-lien term B; help fund buyout by One Rock Capital Partners LLC; Cranbury, N.J., producer of essential ingredients.

KNOWLTON DEVELOPMENT CORP. (KDC/ONE): Bank meeting Jan. 15; $300 million add-on 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.

NOVARIA GROUP: Bank meeting Jan. 14; $260 million credit facilities; RBC and KKR; $40 million revolver; $220 million term B; help fund buyout by KKR from Rosewood Private Investments and Tailwind Advisors; Fort Worth, Texas, manufacturer of specialty aerospace hardware.

OCWEN FINANCIAL CORP.: Lender call Jan. 14; roughly $200 million term B (B+) due May 2022; Barclays; amendment and extension; West Palm Beach, Fla., non-bank mortgage servicer and originator.

VIAGOGO: Bank meeting Jan. 15; $1.475 billion seven-year first-lien term B (Ba3/B+) talked at Libor plus 400 bps, 0% Libor floor, OID 99, 101 soft call for six months; JPMorgan; help fund acquisition of StubHub from eBay Inc.; Geneva-based online resale ticket marketplace.

VICI PROPERTIES 1 LLC: Lender call Jan. 14; $2.1 billion covenant-lite first-lien term B due December 2024 talked at Libor plus 175 bps, 0% Libor floor, 101 soft call for six months; Morgan Stanley and Goldman Sachs; repricing; New York-based real estate investment trust that owns gaming, hospitality and entertainment destinations.

Upcoming Closings

ACUREN (ROCKWOOD SERVICE CORP.): $430 million seven-year first-lien term B (B2/B) talked at Libor plus 450 bps to 475 bps, 0% Libor floor, OID 99, 101 soft call for six months; BofA Securities, BMO and Antares; help fund buyout by American Securities; provider of testing services to energy and industrial markets.

ASM GLOBAL (SMG): $190 million incremental first-lien term loan (B1/BB-) due January 2025 talked at Libor plus 275 bps to 300 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Jefferies, Nomura, BofA Securities, Goldman Sachs and Macquarie; pay down existing second-lien term loan; venue management company.

AVANTOR: $677 million term B due November 2024 talked at Libor plus 250 bps, 25 bps step-down at 0.5x inside closing date net first-lien leverage, 1% Libor floor, OID 99.875 to par, 101 soft call for six months; Goldman Sachs; also €349 million term B November 2024 talked at Euribor plus 275 bps, 25 bps step-down at 0.5x inside closing date net first-lien leverage, 0% floor, OID 99.875 to par, 101 soft call for six months; repricing; Radnor, Pa., provider of integrated, tailored solutions for the life sciences and advanced technology industries.

BLUCORA INC.: $555 million term loan talked at Libor plus 275 bps, 1% Libor floor, OID 99.75; JPMorgan; refinance/reprice existing term loan and fund acquisition of HK Financial Services; Irving, Texas, based provider of tax-smart financial solutions.

CALPINE CORP.: $748.1 million first-lien term B-10 (Ba2/BB) due Aug. 12, 2026 talked at Libor plus 200 bps to 225 bps, 0% Libor floor, 101 soft call for six months; Credit Suisse; repricing; Houston-based provider of power generation services.

CISION: $1 billion seven-year term B (B2/B) talked at Libor plus 375 bps to 400 bps, 0% floor, OID 99 to 99.5, 101 soft call for six months; BofA Securities, Credit Suisse, Goldman Sachs, Morgan Stanley, BMO, BNP Paribas, Citigroup, Macquarie and RBC; also €500 million seven-year term B (B2/B) talked at Euribor plus 375 bps to 400 bps, OID 99 to 99.5, 101 soft call for six months; help fund buyout by Platinum Equity; Chicago-based software-as-a-service platform for communications professionals.

EASTERN POWER LLC: $1.218 billion first-lien term B due Oct. 2, 2025 talked at Libor plus 375 bps, 1% Libor floor, 101 soft call for six months; Morgan Stanley, Goldman Sachs and MUFG; amendment and extension; owner of gas-fired electric generating stations.

FIRST ADVANTAGE: $620 million seven-year covenant-lite first-lien term B (B1/B) talked at Libor plus 400 bps to 425 bps, 0% Libor floor, OID 99; BofA Securities, JPMorgan, Barclays, Jefferies, RBC, Credit Suisse, Citizens, HSBC, KKR and Stifel; help fund buyout by Silver Lake from Symphony Technology Group; Atlanta-based provider of comprehensive background screening, identity and information solutions.

FIRST EAGLE INVESTMENT MANAGEMENT LLC: $300 million incremental term B (Ba2) talked at Libor plus 275 bps, 0% Libor floor, OID 99.75; help fund acquisition of THL Credit Advisors LLC; New York-based investment firm.

FOCUS FINANCIAL PARTNERS INC.: Roughly $1.14 billion term B talked at Libor plus 200 bps, 0% Libor floor, 101 soft call for six months; RBC; repricing; New York-based partnership of independent, fiduciary wealth management firms.

HALO BRANDED SOLUTIONS: $30 million incremental term loan talked at Libor plus 450 bps, 0% Libor floor, OID 98.8; Antares; support continuing acquisition strategy; Sterling, Ill., marketing services platform that distributes promotional products and provides employee recognition services.

KINDRED AT HOME: $2.541 billion term loan due July 2025 talked at Libor plus 325 bps, 0% Libor floor, OID 99.75 to par, 101 soft call for six months; JPMorgan; repricing; provider of home health and hospice.

LGC GROUP: £1.042 billion equivalent U.S. and euro seven-year covenant-lite term loan (U.S. minimum of $330 million) (B), 0% floor, 101 soft call for six months; BNP Paribas, HSBC, KKR, Morgan Stanley, SMBC, Barclays, Credit Agricole, Mizuho, MUFG, Natixis, NatWest and Nomura; help fund buyout by a consortium jointly led by Astorg and Cinven, refinance existing debt and cash overfunding; UK-based provider of life sciences tools.

LIFEPOINT HEALTH INC.: Expected closing Jan. 17; $3.115 billion senior secured term B (B1/B+) due November 2025 talked at Libor plus 400 bps, 0% Libor floor, 101 soft call for six months; Citigroup; repricing; Brentwood, Tenn., health care provider.

MAGICLAB: Expected closing Jan. 29; $500 million seven-year covenant-lite senior secured term B (B1/B+/BB) talked at Libor plus 375 bps to 400 bps, 0% Libor floor, OID 99, 101 soft call for six months; Citigroup, Barclays, HSBC, RBC and SMBC; help fund buyout by Blackstone; builder and operator of dating and social networking apps.

MANAGEMENT SERVICES (AMENTUM): $1.215 billion credit facilities (Ba3/B); JPMorgan; $200 million revolver; $1.015 billion seven-year first-lien term B talked at Libor plus 450 bps to 475 bps, 0% Libor floor, OID 99, 101 soft call for six months; 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.

ONEDIGITAL: $165 million incremental first-lien term loan (B2) talked at Libor plus 400 bps, 0% Libor floor, OID 99.5; Golub; also $75 million privately placed delayed-draw first-lien term loan (B2); fund acquisitions; Atlanta-based employee benefits insurance broker.

OPEN LENDING LLC: $225 million seven-year term B talked at Libor plus 525 bps to 550 bps, 0% Libor floor, OID 99, 101 soft call for six months; UBS; dividend recapitalization; Austin, Texas, provider of lending enablement and risk analytics solutions to financial institutions.

PRESIDIO INC.: $625 million seven-year term B (B1/B) talked at Libor plus 450 bps, 0% Libor floor, OID 98.5 to 99, 101 soft call for six months; JPMorgan, Citigroup, RBC, BofA Securities and MUFG; help fund already completed buyout by BC Partners; New York-based IT solutions provider.

ROHM: $612 million term B (B2/B/B) due July 31, 2026 talked at Libor plus 500 bps, 0% Libor floor, OID 95; Barclays, Deutsche Bank, Goldman Sachs, BofA Securities, RBC, HSBC, NatWest, Bank of China and Helaba; also €977 million term B (B2/B/B) due July 31, 2026 talked at Euribor plus 500 bps, 0% floor, OID 95; sell-down of loans obtained last year for the buyout of Evonik Industries AG’s methacrylates business by Advent International; provider of methacrylate solutions to a variety of end markets, including paints and coatings, construction, automotive and health care.

SOPHOS: $2.075 billion senior secured credit facilities; Goldman Sachs, BofA Securities, Barclays, Credit Suisse and HSBC; $125 million five-year revolver (B2/B-/B); $1.43 billion U.S. and euro seven-year covenant-lite first-lien term loan (includes €300 million tranche) (B2/B-/B) talked at Libor/Euribor plus 400 bps to 425 bps, 25 bps step-down at 0.5x turn inside closing date first-lien net leverage, 0% floor, OID 99, 101 soft call for six months; $520 million privately placed eight-year covenant-lite second-lien term loan; help fund buyout by Thoma Bravo; Oxford, U.K., provider of cybersecurity.

VICTORY CAPITAL HOLDINGS INC.: $952 million term B (Ba3/BB-) due July 1, 2026 at Libor plus 250 bps, 0% Libor floor, 101 soft call for six months; RBC and Barclays; repricing; Brooklyn, Ohio, asset management firm.

WESTINGHOUSE: $3.031 billion first-lien term loan (B2/B/B+) due August 2025 talked at Libor plus 300 bps to 325 bps, 0.75% Libor floor, 101 soft call for six months; Credit Suisse, Goldman Sachs, Deutsche Bank, BMO, RBC, Barclays, Credit Agricole and BNP Paribas; repricing; Pittsburgh-based provider of infrastructure services to a nuclear reactor fleet.

WHATABRANDS LLC: $1.3267 billion covenant-lite first-lien term B (B1/B+) due Aug. 3, 2026 talked at Libor plus 275 bps to 300 bps, 0% Libor floor, OID 99.875, 101 soft call for six months; Morgan Stanley; repricing; San Antonio-based restaurant company.

ZEKELMAN INDUSTRIES: $900 million first-lien term loan (Ba3/BB) due 2027 talked at Libor plus 225 bps to 250 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Goldman Sachs and BofA Securities; refinance existing debt; Chicago-based manufacturer of industrial steel pipe and tubular products.

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.

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.

CINCINNATI BELL INC.: New debt financing; BofA Securities, BMO, Citigroup, TD Securities and Wells Fargo; help fund acquisition by Brookfield Infrastructure; Cincinnati-based provider of integrated communications solutions.

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.

CULLIGAN: New debt financing; Morgan Stanley, Ares, PSP, RBC, BofA Securities and Credit Suisse; help fund acquisition of AquaVenture Holdings Ltd.; Rosemont, Ill., provider of sustainable water solutions and services.

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

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.

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.

MATCH GROUP: New debt financing; help fund separation from IAC; Dallas-based provider of dating products.

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.

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.

VEEAM SOFTWARE: New loan; JPMorgan, Goldman Sachs, Morgan Stanley, Ares, BofA Securities, Golub and Antares; help fund buyout by Insight Partners; provider of backup solutions that deliver cloud data management.

WESCO INTERNATIONAL INC.: $1.2 billion senior secured asset-based revolver; Barclays; help fund acquisition of Anixter International; Pittsburgh-based distributor and provider of supply chain management services to the aerospace industry.

WHOLE EARTH BRANDS (ACT II GLOBAL ACQUISITION CORP.): $235 million credit facilities; TD Bank; $50 million revolver; $185 million term A; help fund formation through acquisition of Merisant Co. and MAFCO Worldwide LLC by Act II from MacAndrews & Forbes Inc.; platform of branded products and ingredients focused on the consumer transition towards Natural alternatives and clean label products.

XPERI CORP.: $1.1 billion seven-year senior secured covenant-lite term B expected at Libor plus 250 bps if corporate ratings are at least Ba3/BB- and Libor plus 275 bps if corporate ratings are lower than Ba3/BB-, 0% Libor floor, 101 soft call for six months; BofA Securities, RBC and Barclays; 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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