Bank Loan Calendar

Total amount of deals being marketed: $56.2315 billion

APRIL

J. CREW GROUP INC.: Bank meeting targeted for late April; $295 million senior secured term loan; Goldman Sachs and Bear Stearns, Goldman left lead; in connection with IPO; redeem preferred stock and notes; New York-based apparel and accessories retailer.

MAY:

EDUCATION MANAGEMENT CORP.: Bank meeting targeted for May 1 week; $1.435 billion credit facility; Goldman Sachs and Credit Suisse joint bookrunners, with Goldman left lead, Merrill Lynch and Bank of America underwriters; $1.185 billion term B; $250 million revolver; help fund LBO by Providence Equity Partners and Goldman Sachs Capital Partners; Pittsburgh-based provider of private post-secondary education.

FAIRMONT HOTELS & RESORTS INC.: Retail meeting May business (SMA meeting was April 19); $3.7175 billion credit facility; Citigroup, Credit Suisse and Eurohypo, with Citi left lead; $300 million revolver talked at Libor plus 135 bps; $2.6525 billion term A talked at Libor plus 135 bps; $465 million term B; $300 million term C; back buyout by Kingdom Hotels International and Colony Capital; Toronto-based owner/operator of luxury hotels and resorts.

MERISANT CO.: $85 million senior secured second-lien term loan; Jefferies and Credit Suisse; prepay some first-lien loan debt; Chicago-based low-calorie sweetener company.

THE NASDAQ STOCK MARKET INC.: $1.925 billion senior secured credit facility; Bank of America; $75 million five-year revolver at Libor plus 150 bps to 200 bps based on ratings; $750 million six-year term loan at Libor plus 150 bps to 200 bps based on ratings; $1.1 billion delayed draw with six-year final maturity term loan at Libor plus 200 bps to 225 bps based on ratings; replaced the company's existing credit facility and funded the April purchase of a minority stake in London Stock Exchange plc for $781.7 million; New York-based provider of securities listing, trading, and information products and services.

OTELCO INC.: $135 million senior secured credit facility; General Electric Capital Corp.; fund acquisition of Mid-Maine Communications Inc. and refinance debt; Oneonta, Ala., wireline telephone services provider.

SUPERVALU STORES: Retail bank meeting May 2; $4 billion credit facility; Royal Bank of Scotland left lead, Bank of America, Citigroup and Rabobank co-syndication agents, CoBank and US Bank co-documentation agents; $2 billion five year revolver, at Libor plus 150 bps, 40 bps unused fee; $1.25 billion five-year term A at Libor plus 150 bps; $750 million six-year term B talked at Libor plus 175 bps; Eden Prairie, Minn., food wholesaler and retailer.

JUNE:

WINDSTREAM COMMUNICATIONS: Up to $4.2 billion credit facility; JPMorgan and Merrill Lynch; $500 million five-year revolver talked at Libor plus 125 bps if rated Ba2/BB, Libor plus 150 bps if rated lower; up to $500 million five-year term A talked at Libor plus 125 bps if rated Ba2/BB, Libor plus 150 bps if rated lower; up to $2.8 billion seven-year term B talked at Libor plus 150 bps if rated Ba2/BB, Libor plus 175 bps if rated lower; up to $400 million five-year delayed-draw term loan C that will be available for four months talked at Libor plus 125 bps if rated Ba2/BB, Libor plus 150 bps if rated lower; fund merger of Alltel Corp. wireline business with Valor Communications Group Inc., with merged company renamed Windstream Communications, term A and B to finance a $2.4 billion dividend payment to Alltel and refinance debt, term C to fund possible, but unlikely, put of up to $400 million of Valor's outstanding bonds, revolver for general corporate purposes; Central Arkansas-based wireline company.

UPCOMING CLOSINGS

ACTIVANT SOLUTIONS INC.: $430 million senior secured credit facility (B2/B); Deutsche, JPMorgan and Lehman, with Deutsche left lead; $40 million revolver talked at Libor plus 250 bps; $390 million term B talked at Libor plus 250 bps; help fund LBO by Hellman & Friedman LLC and Thoma Cressey Equity Partners from HM Capital Partners LLC; Austin, Texas, technology provider of business management solutions.

AGA MEDICAL CORP.: $240 million credit facility (B2/B+); Lehman and Citigroup, with Lehman left lead; $215 million term B talked at Libor plus 250 bps; $25 million revolver talked at Libor plus 250 bps; refinance debt and pay shareholder dividend; Golden Valley, Minn., developer and manufacturer of medical devices for use in cardiovascular applications.

AGY HOLDING CORP.: $210 million senior secured credit facility; UBS; $30 million five-year revolver (B2/B) talked at Libor plus 275 bps; $135 million six-year first-lien term loan (B2/B) talked at Libor plus 275 bps; $45 million seven-year second-lien term loan (Caa1/CCC+) talked at Libor plus 700 bps; help fund purchase by Kohlberg & Co. LLC; Aiken, S.C., producer of glass fiber yarns.

AIR EVAC LIFESTREAM: $145 million senior secured credit facility; CIBC; $35 million revolver talked at Libor plus 325 bps; $110 million term loan talked at Libor plus 325 bps; refinance existing debt and fund a dividend to shareholders.

ALLEGHENY ENERGY SUPPLY CO. LLC: $969 million credit facility; Citigroup; $769 million five-year term loan talked at Libor plus 87.5 bps; $200 million five-year revolver talked at Libor plus 87.5 bps, 20 bps commitment fee; repay term loan C; Monroeville, Pa., power producer.

ANCHOR GLASS CONTAINER CORP.: $215 million exit financing credit facility; Credit Suisse; $70 million five-year revolver talked at Libor plus 150 bps, 37.5 bps commitment fee; $145 million seven-year term B talked at Libor plus 225 bps; Tampa, Fla., glass container manufacturer.

BILLING SERVICES GROUP LLC: $260 million credit facility; Deutsche Bank; $15 million revolver (B+) talked at Libor plus 225 bps to 250 bps; $190 million first-lien term B (B+) talked at Libor plus 225 bps to 250 bps; $55 million second-lien term loan (B-) talked at Libor plus 600 bps; refinance existing debt; Glenview, Ill., provider of outsourced customer care, billing and collection clearinghouse services.

BUCKEYE CHECK CASHING INC.: $190 million credit facility; Bear Stearns and Royal Bank of Scotland joint lead arrangers, Bear bookrunner; $20 million revolver (B3/B) talked at Libor plus 275 bps; $130 million term loan (B3/B) talked at Libor plus 275 bps; $40 million second-lien term loan (Caa2/CCC+); help fund LBO by Diamond Castle Holdings and management; Dublin, Ohio, provider of financial services to customers who need cash immediately.

CBRL GROUP INC.: $1.25 billion senior secured credit facility (Ba2/BB+); Wachovia Securities; $800 million seven-year term B talked at Libor plus 150 bps; $200 million delayed-draw seven-year final maturity term loan talked at Libor plus 150 bps, 75 bps ticking fee; $250 million revolver talked at Libor plus 150 bps, 25 bps unused fee; fund a modified Dutch auction tender offer common stock repurchase plan, refinance convertible debt and refinance revolver; closing on or before May 15; Lebanon, Tenn., operator and developer of restaurant and retail concepts.

CEBRIDGE CONNECTIONS INC.: $2.48 billion credit facility; Goldman Sachs and Credit Suisse, with Goldman left lead; $200 million seven-year revolver (B1/B+), 50 bps commitment fee; $2 billion 7 1/2-year term B (B1/B+); $280 million 1 1/2-year interim term loan; help fund purchase of Cox Communications Inc.'s cable television systems; St. Louis-based provider of cable television and internet access.

CHARTER COMMUNICATIONS INC.: $6.8 billion credit facility (B2/B); JPMorgan, Bank of America and Citigroup; $300 million revolver tranche; $5 billion term loan due 2013 talked at Libor plus 275 bps; amended $1.5 billion revolver; refinance existing Charter Communications Operating LLC senior secured credit facility; St. Louis-based broadband communications company.

CINRAM INTERNATIONAL INC.: $850 million credit facility (B1/BB-); JPMorgan and Credit Suisse; $700 million five-year term B talked at Libor plus 150 bps; $150 million five-year revolver talked at Libor plus 175 bps, 37.5 bps commitment fee; refinance existing debt; Toronto-based provider of pre-recorded multimedia products and logistic services.

CMP SUSQUEHANNA/STICK LLC: $848 million in credit facilities; Deutsche Bank and Merrill Lynch, with Deutsche left lead; CMP Susquehanna $750 million credit facility (B1/B-) consisting of $100 million revolver talked at Libor plus 225 bps, $650 million term B talked at Libor plus 225 bps; Stick $98 million credit facility (secured by airwaves) (Caa1/CCC+) consisting of $26 million revolver talked at Libor plus 400 bps, $72 million term B talked at Libor plus 400 bps; help fund the acquisition of the radio broadcasting business of Susquehanna Pfaltzgraff Co.; Atlanta-based radio company formed by Cumulus Media Inc., Bain Capital, The Blackstone Group and Thomas H. Lee Partners.

COMPSYCH CORP.: $110 million senior secured credit facility; UBS; $10 million five-year revolver at Libor plus 275 bps; $100 million six-year term loan at Libor plus 275 bps; help fund LBO by Summit Partners; Chicago-based provider of fully integrated employee assistance programs, managed behavioral health and work-life services.

COREL CORP.: $165 million senior secured credit facility (B3/B); Morgan Stanley; $90 million six-year term B talked at Libor plus 325 bps; $75 million five-year revolver talked at Libor plus 325 bps; in connection with IPO; refinance debt and for general corporate purposes; Ottawa, Ont., packaged software company.

CR GAS STORAGE: $1.05 billion credit facility; Bank of America; $250 million revolver; $525 million Canadian equivalent term loan; $175 million U.S. term loan; $100 million asset-sale term loan; help fund the purchase of EnCana Corp.'s natural gas storage business by Carlyle/Riverstone Global Energy and Power Fund.

DEL MONTE CORP.: $925 million term B add-on ($850 million funded, $75 million delayed draw through Dec. 31); Bank of America, Goldman Sachs and Lehman; help fund purchase of certain pet product assets, including the Milk-Bone dog snack brand, from Kraft Foods Global Inc. and purchase of Meow Mix; San Francisco-based producer, distributor and marketer of branded and private label food and pet products.

DELTEK SYSTEMS INC.: $100 million five-year term B add-on at Libor plus 250 bps; Credit Suisse; Herndon, Va., provider of application software and solutions to project businesses and professional services firms.

ELECTRICAL COMPONENTS INTERNATIONAL HOLDINGS CO.: $250 million senior secured credit facility; UBS; $35 million six-year revolver (B) talked at Libor plus 275 bps; $155 million seven-year term loan (B) talked at Libor plus 275 bps; $60 million eight-year second lien term loan (CCC+) talked at Libor plus 700 bps; fund LBO by Francisco Partners from Viasystems Group Inc.; St. Louis-based manufacturer and marketer of wire harnesses and a provider of value-added assembly services.

GENTEK INC.: Repricing first- and second-lien term loans; Bank of America; first-lien term loan repricing to Libor plus 225 bps from Libor plus 275 bps; second-lien term loan repricing to Libor plus 425 bps from Libor plus 575 bps; Parsippany, N.J., manufacturer of industrial components and performance chemicals.

HELIX ENERGY SOLUTIONS INC.: $1.09 billion senior secured credit facility (B2/BB); Bank of America; $840 million seven-year term B talked at Libor plus 200 bps to 225 bps; $250 million revolver; help fund acquisition of Remington Oil and Gas Corp.; Houston-based energy service company.

HEXION SPECIALTY CHEMICALS INC.: $1.9 billion senior secured credit facility; Credit Suisse and JPMorgan; $1.625 billion seven-year term loan talked at Libor plus 175 bps; $50 million seven-year synthetic letter-of-credit facility talked at Libor plus 175 bps; amended $225 million five-year revolver talked at Libor plus 250 bps; replace existing credit facility, redeem all outstanding series A preferred stock, repurchase notes and for working capital; Columbus, Ohio, producer of thermosetting resins.

INTRAPAC GROUP: $105 million credit facility; Credit Suisse; $20 million five-year revolver talked at Libor plus 300 bps, 50 bps commitment fee; $50 million six-year term B talked at Libor plus 300 bps; $35 million seven-year second-lien term loan talked at Libor plus 700 bps; acquisition financing; supplier of laminate, plastic laminate, aluminum and tin tubes, coated metered dose inhaler cans, plastic jars, bottles and closures for the pharmaceutical, health, beauty and industrial markets.

IPAYMENT HOLDINGS INC.: $500 million senior secured credit facility (B1/B); Bank of America; $450 million seven-year term loan talked at Libor plus 250 bps; $50 million six-year revolver talked at Libor plus 250 bps, 50 bps commitment fee; help fund public-to-private transaction led by management; Nashville, Tenn., provider of credit and debit card-based payment processing services.

JOBSON MEDICAL INFORMATION LLC: $147 million credit facility; TD Securities; $15 million five-year revolver; $107 million 51/2-year term B; $25 million 12-month availability, 51/2-year final maturity delayed-draw term B; refinance existing debt and allow for the collapse of a smaller Wicks Medical Information LLC portfolio company into the Jobson entity; N.Y.-based specialty health care communications, publishing and medical education company.

THE KANSAS CITY SOUTHERN RAILWAY CO.: $371.2 million credit facility; Bank of Nova Scotia; $246.2 million term loan talked at Libor plus 175 bps; $125 million revolver; refinance existing loan; Kansas City, Mo., freight transporter.

LEAR CORP.: $1 billion first-lien term B (B2/B+) at Libor plus 250 bps; JPMorgan Chase Bank, Bank of America, Citibank and Deutsche Bank; refinance $400 million term loan scheduled to mature in February 2007, fund the retirement of outstanding convertible senior notes and for general corporate purposes; Southfield, Mich., supplier of automotive interior systems and components.

LSP GEN FINANCE CO.: $1.69 billion credit facility; Credit Suisse and Goldman Sachs; $100 million five-year revolver (Ba3/BB-) at Libor plus 175 bps; $950 million seven-year first-lien term loan (Ba3/BB-) at Libor plus 175 bps; $40 million delayed-draw seven-year final maturity first-lien term loan (Ba3/BB-) at Libor plus 175 bps, 50 bps ticking fee; $150 million eight-year second-lien term loan (B2/B) at Libor plus 350 bps, 101 call protection; $450 million special letter-of-credit facility to be provided by Goldman and Credit Suisse; help fund acquisition of Duke Energy North America's entire fleet of power generation assets outside the Midwest.

MARITIME TELECOMMUNICATIONS NETWORK INC.: $110 million credit facility; Credit Suisse; $70 million first-lien term B talked at Libor plus 300 bps; $30 million second-lien term loan talked at Libor plus 650 bps, call protection 102, 101; $10 million revolver talked at Libor plus 300 bps, 50 bps commitment fee; help fund purchase by SeaMobile, with Ignition Partners as sponsor, from Perseus Capital; Miramar, Fla., provider of broadband solutions to cruise ship lines and other offshore industries, and to the U.S. government.

MEDIACOM BROADBAND LLC: $750 million term C (Ba3/BB-) due 2015 ($250 million delayed draw, $500 million funded) talked at Libor plus 175 bps; JPMorgan and Citigroup, with JPMorgan left lead; refinance; Middletown, N.Y., cable operator.

MEDIACOM LLC: $650 million term B (Ba3/BB-) due 2015 talked at Libor plus 175 bps; JPMorgan and Wachovia, with JPMorgan left lead; refinance; Middletown, N.Y., cable operator.

NPC INTERNATIONAL INC.: $350 million credit facility (B1/B+); JPMorgan and Merrill Lynch, with JPMorgan left lead; $275 million term B talked at Libor plus 225 bps; $75 million revolver talked at Libor plus 225 bps; fund purchase by Merrill Lynch Global Private Equity; Lenexa, Kan., franchisee of Pizza Hut restaurants.

NUTRO PRODUCTS INC.: $570 million credit facility (B1/B); JPMorgan and Lehman Brothers; $100 million revolver; $470 million term loan B at Libor plus 200 bps, step down to Libor plus 175 bps at 5.5x total leverage; help fund a management-led buyout by Bain Capital Partners LLC; City of Industry, Calif., manufacturer of natural dog and cat foods.

OPTI CANADA INC.: $400 million seven-year term B (BB+) talked at Libor plus 175 bps to 200 bps, approximately $200 million funded and $200 million delayed draw for six months with a fee of 40% of draw; RBC Capital Markets; repay a bridge loan and fund oil sands expenditures for the Long Lake Project and expansion phases; Calgary, Atla.-based company focused on developing the Long Lake Project in a 50/50 joint venture with Nexen Inc.

PACKAGING DYNAMICS CORP.: $215 million credit facility; Deutsche Bank and Jefferies, with Deutsche left lead; $90 million covenant-light term loan (Ba3/BB-) talked at Libor plus 225 bps to 250 bps; $125 million asset-backed revolver talked at Libor plus 150 bps; help fund LBO of Packaging Dynamics Corp. by Kohlberg & Co. and merger with Thilmany; Chicago-based flexible packaging company.

PEGASUS SOLUTIONS INC.: $120 million credit facility (B1/B); JPMorgan; $110 million term loan talked at Libor plus 300 bps to 325 bps; $10 million revolver at Libor plus 275 bps; fund purchase by Prides Capital Partners LLC and provide for working capital; Dallas-based provider of technology and services to hotels and travel distributors.

PINE PRAIRIE ENERGY CENTER LLC: $320 million credit facility (B1/B+); SunTrust; $50 million five-year revolver talked at Libor plus 250 bps; $270 million term B due December 2013 talked at Libor plus 275 bps; fund the construction of Pine Prairie, a new salt cavern natural gas storage project in Evangeline Parish, La.

PROTECTION ONE INC.: $66.8 million term loan add-on (B2/B+/B+) talked at Libor plus 250 bps, repricing existing $233.2 million term loan at Libor plus 250 bps from Libor plus 300 bps; Bear Stearns; fund a $75 million cash dividend; Lawrence, Kan., electronic security company.

QUIZNOS: $925 million credit facility; Deutsche Bank and Goldman Sachs; $75 million revolver; $600 million term B talked at Libor plus 250 bps; $250 million second-lien term loan talked at Libor plus 600 bps; help fund JPMorgan Partners's purchase of a significant ownership in the company; Denver-based quick-service restaurant chain.

THE RESTAURANT CO.: $140 million credit facility (B2); $100 million loan; $40 million revolver (upsized from $25 million); help fund acquisition of Marie Callender's Restaurant & Bakery; Memphis, Tenn., operator and franchisor of Perkins Restaurant & Bakery chain of restaurants.

SENSATA TECHNOLOGIES: $1.5 billion credit facility (B1/BB-); Morgan Stanley, Bank of America and Goldman Sachs; $1.35 billion term B in dollars and euros, dollar loans at Libor plus 175 bps, euro loans at Euribor plus 200 bps; $150 million revolver at Libor plus 200 bps; help fund $3 billion LBO by Bain Capital LLC of Texas Instruments Inc.'s Sensors & Controls business; Attleboro, Mass., supplier of engineered sensors and controls to the appliance, climate control, industrial, automotive, lighting and aircraft markets.

SIX FLAGS INC.: Repricing term loan B to Libor plus 225 bps from Libor plus 250 bps; Lehman; Okalahoma City-based amusement park operator.

THE SPORTS AUTHORITY INC.: $1.025 billion senior secured credit facility; Bank of America, Credit Suisse and Lehman, with Bank of America left lead; $275 million seven-year covenant-light term B (B1/B) at Libor plus 225 bps; $685 million five-year ABL revolver at Libor plus 150 bps, 25 bps commitment fee; $65 million five-year first-in, last-out ABL revolver at Libor plus 300 bps; help fund LBO by Leonard Green & Partners LP and senior management; Englewood, Colo., full-line sporting goods retailer.

STANDARD PACIFIC CORP.: $300 million in term loan debt (NA/NA/BB); Bank of America and JPMorgan; $200 million seven-year term B talked at Libor plus 150 bps; $100 million five-year term A; repay revolver debt; Irvine, Calif., homebuilder.

TEXAS PETROCHEMICALS LP: $395 million credit facility; Deutsche Bank and Credit Suisse, with Deutsche left lead; $280 million seven-year covenant-light term B (Ba3/B+) talked at Libor plus 225 bps to 250 bps; $115 million five-year asset-based revolver; help fund acquisition of Huntsman Corp.'s U.S. butadiene and related MTBE operations; Houston-based chemical company.

TLC HEALTH CARE SERVICES INC.: $190 million senior secured credit facility; UBS and Bank of America; $20 million five-year revolver (B2/B-) talked at Libor plus 300 bps; $120 million six-year first-lien term loan (B2/B-) talked at Libor plus 300 bps; $50 million seven-year second-lien term loan (Caa1/CCC) talked at Libor plus 700 bps, call protection 102, 101; repay existing debt; Lake Success, N.Y., provider of home health care services.

TRIDENT EXPLORATION CORP.: $250 million of new bank debt; Credit Suisse; $100 million five-year second-lien term loan add-on at Libor plus 750 bps; $150 million 5 1/2-year unsecured term loan due November 2011 talked at Libor plus 950 bps PIK until Dec. 31 then increasing by 50 basis points PIK per quarter (converting to cash pay once net debt to EBITDA is less than 4x), callable at par until June 30, 2007, then 103, 102, 101, par, stepping down annually; for drilling and gas processing plants; Calgary-based company focused on the discovery and commercial development of natural gas in coal resources in the Western Canadian Sedimentary Basin.

UNIFRAX CORP.: $230 million credit facility (B2/B); Wachovia and Bear Stearns, with Wachovia left lead; $50 million revolver; $180 million term B; help fund purchase by AEA Investors LLC; Niagara Falls, N.Y., provider of ceramic fiber insulating products for high temperature applications.

UNITED CENTRAL INDUSTRIAL SUPPLY CO. LLC: $142 million credit facility; GE Capital Corp. and CIBC World Markets; $20 million revolver; $122 million term loan talked at Libor plus 275 bps to 300 bps; help fund acquisition by American Securities Capital from The Riverside Co.; Bristol, Va., distributor of products to the mining industry.

UPC BROADBAND HOLDING BV: Expected close week of May 1; $3.8 billion equivalent institutional term loans; TD Securities and Bank of America, with TD left lead; $1.9 billion equivalent term J due March 2013 containing dollar portion at Libor plus 200 bps and euro portion at Euribor plus 225 bps; $1.9 billion equivalent term K due December 2013 containing dollar portion at Libor plus 200 bps and euro portion at Euribor plus 225 bps; refinance the existing €140 million term F-1, $525 million term F-2, €550 million term H-1, $1.25 billion term H-2 and €1 billion term G; Netherlands-based broadband company owned by Liberty Global Inc.

U.S. SECURITY HOLDINGS INC.: $205 million credit facility (B1/B); RBS Securities; $40 million revolver talked at Libor plus 250 bps to 275 bps; $135 million term B talked at Libor plus 250 bps to 275 bps; $30 million delayed-draw acquisition term B talked at Libor plus 250 bps to 275 bps; also $65 million in mezzanine debt; recapitalization; Roswell, Ga., provider of facility services, such as security, janitorial and maintenance services.

VENOCO INC.: $650 million credit facility; Credit Suisse and Lehman Brothers joint lead arrangers on the second-lien term loan, Harris Nesbitt lead arranger on the revolver; $350 million five-year second-lien term loan (Caa1/B-) at Libor plus 450 bps, step down to Libor plus 400 bps upon completion of an initial public offering; $300 million three-year reserve-based revolver grid ranging from Libor plus 150 bps to 225 bps, commitment fee 37.5 bps to 50 bps, depending on utilization; fund the already completed acquisition of TexCal Energy LLC; Denver-based independent energy company.

W&T OFFSHORE INC.: $1.3 billion senior secured credit facility (B+); TD Securities and Lehman Brothers, with TD left lead; $500 million revolver at Libor plus 275 bps for six months, dropping to Libor plus 250 bps thereafter; $500 million term A at Libor plus 275 bps for six months, dropping to Libor plus 250 bps thereafter; $300 million term B; help fund the acquisition of substantially all of the Gulf of Mexico conventional shelf properties of Kerr-McGee Oil & Gas Corp.; Houston-based oil and natural gas company.

WARNER CHILCOTT CORP.: Repricing term B to Libor plus 225 bps from Libor plus 275 bps; Deutsche Bank; U.K.-based branded pharmaceutical manufacturer and marketer.

WASTEQUIP CO.: First-lien bank debt (B2/B); second-lien bank debt (B3/CCC+); Credit Suisse; dividend recapitalization; Cleveland-based manufacturer, designer and marketer of equipment used to collect, process, and transport solid and liquid waste.

WEIGHT WATCHERS INTERNATIONAL INC.: $850 million credit facility; Bank of Nova Scotia and JPMorgan, with Scotia left lead; $350 million term A talked at Libor plus 87.5 bps; $500 million revolver talked at Libor plus 87.5 bps; repay institutional bank debt; N.Y.-based provider of weight loss services.

WIDEOPENWEST HOLDINGS LLC: $720 million credit facility; Credit Suisse; $60 million five-year revolver (B2) at Libor plus 225 bps, 50 bps commitment fee; $510 million seven-year term B (B2) at Libor plus 225 bps; $150 million eight-year second-lien term loan (B3) at Libor plus 500 bps, call protection 102, 101; help fund LBO by Avista Capital Partners from Oak Hill Capital Partners and ABRY Partners; Englewood, Colo., provider of cable television, high-speed internet and telephone services.

THE WILLIAM CARTER CO.: Repricing term B at Libor plus 150 bps from Libor plus 175 bps; Bank of America; Atlanta-based marketer of children's apparel and accessories.

ON THE HORIZON:

ARMOR HOLDINGS INC.: New all pro rata senior credit facility expected with price talk in the Libor plus 125 bps range; Wachovia; help fund acquisition of Stewart & Stevenson Services Inc.; Jacksonville, Fla., manufacturer and distributor of security products and vehicle armor systems.

CHRISTIE/AIX: $217 million senior credit facility; GE Commercial Finance; future capital equipment outlays contemplated under an ongoing 4,000-screen digital cinema rollout for which Christie/AIX is the funding vehicle and administrator; parent company Access Integrated Technologies Inc. is a Morristown, N.J., storage and electronic delivery service for owners and distributors of digital content to movie theaters and other venues.

CONSTELLATION BRANDS INC.: New credit facility; JPMorgan; fund purchase of Vincor International; Fairport, N.Y., producer and marketer of beverage alcohol brands.

CTC COMMUNICATIONS/CHOICE ONE COMMUNICATIONS: New senior secured credit facility; Goldman Sachs; help fund the acquisition of Conversent Communications Inc. and refinance existing debt; communications provider.

ENERGYSOLUTIONS: Second-quarter business; $230 million term B add-on; Citigroup; help fund acquisition of Duratek Inc.; Salt Lake City-based national energy services company.

ENESCO GROUP INC.: $75 million five-year senior secured credit facility; LaSalle Business Credit LLC; replace existing facility; must close on or before April 30; Itasca, Ill., producer of fine gifts, collectibles and home decor accessories.

FERRO CORP.: $700 million secured credit facility; National City Bank and Credit Suisse; $300 million five-year multi-currency revolver; $400 million six-year term loan; revolver for working capital and general corporate purposes and the term loan, if drawn, will be used to refinance existing debt; Cleveland-based producer of performance materials for industry.

FLEXTRONICS SOFTWARE: New credit facility; Citigroup Global Markets (Asia) and Merrill Lynch joint bookrunners and joint lead arrangers; help fund purchase of Flextronics International Ltd.'s software development and solutions business (to be renamed) by Kohlberg Kravis Roberts & Co.; Palo Alto, Calif., provider of high impact software solutions to the global communications industry.

GENERAL WILLIAM LYON: $267 million five-year senior secured term loan initially priced at Libor plus 295 bps; Lehman; fund the tender offer for all outstanding shares of common stock of William Lyon Homes, a Newport Beach, Calif., designer, constructor and seller of single family detached and attached homes.

GENERAL MOTORS ACCEPTANCE CORP.: $25 billion three-year asset-based revolver in two tranches, $10 billion that is expected to be available before closing of the buyout and $15 billion that is expected to be available at closing; Citigroup; in connection with purchase of General Motors Corp.'s 51% stake of the company by Cerberus Capital Management LP, Citigroup Inc. and Aozora Bank Ltd.; support ongoing business and enhance liquidity; Detroit-based provider of automotive financing, commercial finance, insurance and mortgage products, banking and real estate services.

INTEGRA TELECOM INC.: $450 million first- and second-lien credit facility; CIBC World Markets Corp. sole lead arranger and co-bookrunner on the first lien with Goldman Sachs Specialty Lending Group LP co-bookrunner and administrative agent; Goldman Sachs Specialty Lending Group LP co-underwriting the second lien; fund purchase of Electric Lightwave Inc. from Citizens Communications and refinance existing bank debt; Portland, Ore., integrated communications carrier.

INTELSAT LTD.: Commitments for about $2.88 billion in bank debt; Citigroup, Credit Suisse, Deutsche and Lehman joint lead arrangers and joint bookrunners, Citigroup administrative agent, Credit Suisse syndication agent; PanAmSat opco credit facility contains $355.95 million five-year term A at Libor plus 175 to 250 bps based on leverage, $1.6309 billion seven-year term B at Libor plus 225 bps with step down to Libor plus 200 bps if leverage is less than 4.5:1.0, and $250 million six-year revolver at Libor plus 175 to 250 bps based on leverage; Intelsat opco credit facility contains $344.5 million seven-year term B at Libor plus 175 bps if leverage greater than 3.5:1.0 and Libor plus 150 bps if leverage less than or equal to 3.5:1.0, and $300 million six-year revolver at Libor plus 175 bps if leverage greater than 3.5:1.0 and Libor plus 150 bps if leverage less than or equal to 3.5:1.0; finance PanAmSat acquisition, refinance debt and for general corporate purposes; Pembroke, Bermuda, satellite company.

KAISER ALUMINUM CORP.: $250 million exit facility; J.P. Morgan Securities Inc. lead arranger, sole bookrunner and syndication agent, JPMorgan Chase Bank administrative agent, CIT Group/Business Credit Inc. co-arranger; $200 million five-year revolver; $50 six-year million term loan at Libor plus 550 bps; also $200 million one-year debtor-in-possession facility at Libor plus 225 bps; Houston aluminum company.

KERZNER INTERNATIONAL LTD.: Mid-2006 event; new senior secured credit facility; Deutsche Bank and Goldman Sachs, with Deutsche left lead; help fund LBO by an investor group that's led by management; Paradise Island, The Bahamas, developer and operator of destination resorts, luxury resort hotels and gaming properties.

LEGENDS GAMING LLC: New credit facility; CIT; help fund purchase of Bossier City, La., and Vicksburg, Miss., properties from Isle of Capri Casinos Inc.; owner and operator of casinos.

THE MCCLATCHY CO.: $3.2 billion senior unsecured credit facility (Ba1/BBB); Bank of America and JPMorgan; $1 billion revolver; $2.2 billion term A; also $550 million bridge loan; fund the acquisition of Knight-Ridder Inc.; Sacramento, Calif., newspaper and internet publisher.

ONEIDA LTD.: $170 million exit financing; Credit Suisse; $80 million five-year revolver at Libor plus 150 bps, 25 bps commitment fee; $90 million six-year term loan at Libor plus 700 bps with a step down to Libor plus 650 bps if leverage is between 3.5x and 4x and to Libor plus 600 bps if leverage is less than 3.5x, call protection 103, 101; Oneida, N.Y., maker of flatware, dinnerware, crystal and metal serving pieces for consumers and the food services industry.

PETROHAWK ENERGY CORP.: New credit facility; help finance acquisition of KCS Energy Inc.; Houston-based oil and gas exploration and production company.

PNA GROUP INC.: New credit facility; Bank of America; help fund buyout by Platinum Equity from TUI AG; Atlanta-based processor and distributor of steel products.

RESOURCE MANAGEMENT SERVICE LLC: New bank financing; GE Capital Markets and RBS Securities joint lead arrangers; help fund purchase of timberlands from International Paper Co.; Birmingham, Ala., independent timberland investment-management firm.

SEMGROUP LP: $725 million senior credit facility; Bank of America; help fund purchase of TransMontaigne Inc.; Tulsa, Okla., midstream service company.

SOURCECORP INC.: $250 million credit facility; Credit Suisse and UBS Securities; $75 million revolver; $175 million in term debt; help fund LBO by Apollo Management LP; Dallas-based provider of business process outsourcing solutions and specialized consulting services.

THOMAS NELSON INC.: New credit facility; Credit Suisse; help fund buyout by InterMedia Partners VII LP; Nashville, Tenn., publisher and distributor of products emphasizing Christian, inspirational and family value themes.

TRANSMONTAIGNE PARTNERS LP: $75 million senior credit facility; Bank of America; in connection with purchase of TransMontaigne Inc. by SemGroup LP, but Partners will remain a public company; Denver-based refined petroleum products services company.

UNITED COMPONENTS INC.: $330 million term D (BB-); Lehman and JPMorgan, with Lehman left lead; fund acquisition of ASC Industries Inc. and repay existing term C; Evansville, Ind., auto parts manufacturer.

VERIFONE HOLDINGS INC.: $540 million senior secured credit facility; JPMorgan and Lehman Brothers; $40 million revolver; $500 million term B; help fund purchase of Lipman Electronic Engineering Ltd. and refinance debt; San Jose, Calif., provider of electronic payment solutions and services.

WATSON PHARMACEUTICALS INC.: $1.15 billion credit facility; CIBC; $500 million five-year revolver at Libor plus 75 bps; $650 million five-year term loan at Libor plus 75 bps; help fund purchase of Andrx Corp.; Corona, Calif., generic pharmaceutical company.

XM SATELLITE RADIO HOLDINGS: $230 million secured revolving credit facility (B3/B-); provide incremental liquidity following tender for notes; Washington, D.C.-based satellite radio company.

X-RITE INC.: $220 million credit facility; Goldman Sachs; $40 million revolver; $120 million first-lien term loan; $60 million second-lien term loan; help fund purchase of Amazys Holding AG; Grandville, Mich., provider of color measurement solutions comprised of hardware, software and services for the verification and communication of color data.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.