High Yield Calendar: $2.11 billion, €700 million, £665 million being marketed

MAY 3 WEEK

BEAZER HOMES USA, INC.: $300 million senior unsecured notes due June 15; Credit Suisse, Citigroup Global Markets Inc. (joint books), Deutsche Bank Securities Inc. (joint lead), Moelis & Co. (co); SEC registered; Make-whole call at Treasuries plus 50 bps for first four years, then callable at a premium; to repurchase 8 3/8% senior notes due 2012 and 4 5/8% senior convertible notes due 2024 (putable in 2011); Atlanta-based homebuilder; pricing Tuesday.

AMERICOLD WAREHOUSE INVESTMENT PORTFOLIO LLC: $300 million senior secured notes due 2020; Goldman Sachs & Co., Deutsche Bank Securities Inc., RBC Capital Markets Corp.; Rule 144A with registration rights; non-callable for five years (up to 10% of issue redeemable annually at 103.0, until 2013); proceeds, in addition to proceeds from concurrent IPO, to fund acquisition of assets from Versacold and for general corporate purposes; Atlanta-based temperature controlled warehouse real estate investment trust; price talk 7 5/8% area; pricing Tuesday.

LANTHEUS MEDICAL IMAGING, INC.: $225 million senior notes due 2017 (B2); Jefferies & Co. (sole books), BMO Nesbitt Burns, Natixis Bleichroeder (co's); Rule 144A with registration rights; non-callable for four years; to refinance existing credit facilities and to repurchase a portion of its outstanding preferred stock; Billerica, Mass.-based specialty pharmaceutical company that develops, manufactures and distributes innovative diagnostic medical imaging products; price talk 9½% to 9¾%; books close noon ET Tuesday (except for Minneapolis accounts), pricing thereafter.

INEOS FINANCE PLC: €700 million equivalent senior secured notes due 2015 (B2/B); Barclays Capital, JPMorgan (joint physical books), Citigroup, Morgan Stanley (joint books); Rule 144A/Regulation S for life; non-callable for three years; to refinance first-lien term loans; Lyndhurst, England-based manufacturer of specialty petrochemicals; roadshow in United States April 29-30, Europe May 3-4, pricing thereafter.

ONCURE HOLDINGS, INC.: $210 million senior secured notes due 2017 (B2/B); Jefferies & Co. (sole); Rule 144A for life; non-callable for four years; to refinance existing debt and for general corporate purposes; Engelwood, Colo.-based manager of radiation oncology treatment centers; roadshow April 27-May 5.

AMERICAN PETROLEUM TANKERS PARENT LLC: $275 million first-priority senior secured notes due 2017; Credit Suisse, UBS Investment Bank (joint); non-callable for two years; to refinance existing secured debt and fund final new build payments; provider of maritime petroleum transport services; pricing May 6 or May 7.

MAY 10 WEEK

MCE FINANCE LTD. (MELCO CROWN ENTERTAINMENT LTD.): $600 million senior unsecured notes due 2018 (B1/B+); Deutsche Bank Securities, Bank of America Merrill Lynch, RBS Investment Bank, ANZ Investment Bank, Barclays Capital, Citigroup, Commerz, Credit Agricole, NAB Securities, UBS Investment Bank; Rule 144A/Regulation S with registration rights; non-callable for four years; to reduce debt under the company's City of Dreams project facility; Hong Kong-based developer, owner and - through a Macau subsidiary that holds a gaming sub-concession - an operator of casino gaming and entertainment casino resort facilities focused on the Macau market; roadshows: Singapore, Hong Kong and London on May 3 and May 4, U.S. roadshow begins May 5; general investor call May 6, U.S. roadshow ends May 10; pricing May 11.

KRATOS DEFENSE & SECURITY SOLUTIONS, INC.: $200 million senior secured notes due 2017 (expected ratings B2/B+); Jefferies & Co. (sole), B. Riley & Co., Imperial Capital, KeyBanc Capital Markets Inc., Noble Financial Group (co's); Rule 144A with registration rights/Regulation S; non-callable for four years; to complete the pending acquisition of Gichner Holdings, Inc., refinance existing debt and for general corporate purposes; San Diego-based national security, information technology, assurance and public safety solutions provider; roadshow May 4-11.

TOWERGATE FINANCE PLC £665 million equivalent notes: £365 million equivalent senior secured notes due 2017 (B1//BB) and £300 million equivalent senior notes due 2018 (B3//B-), split between dollar- and euro-denominated notes; JPMorgan, Credit Suisse (physical books), Lloyds (joint books); Rule 144A/Regulation S for life; all notes non-callable for four years; to refinance bank debt and a portion of the preferred shares and to fund an acquisition; independently owned insurance broker based in Maidstone, England; roadshow starts May 3; presentations May 6 in New York, May 10 in Boston.

ON THE HORIZON

ANWORTH MORTGAGE ASSET CORP.: $600 million; Santa Monica, Calif.-based real estate investment trust focusing on mortgage-backed securities and residential mortgage loans.

ASG CONSOLIDATED LLC: $275 million subordinated notes and $125 million of holdco notes; also $475 million credit facility led by Bank of America, Wells Fargo and DNB; to refinance existing debt (tender offer for 11½% senior discount notes due 2011 will expire on May 17); Seattle-based harvester, processor, preparer and supplier of seafood.

BWAY HOLDING CO.: $200 million senior unsecured bridge loan and $565 million senior secured credit facilities; Bank of America Merrill Lynch, Deutsche Bank Securities; to fund buyout of BWAY by Madison Dearborn Partners LLC, valued at $915 million, including the assumption of debt; go-shop period until April 28, 2010; Atlanta-based supplier of general line rigid containers.

CDW CORP.: $1.94 billion notes: $890 million senior unsecured cash-pay notes due 2015 (Caa1/CCC+), $300 million senior unsecured PIK toggle notes due 2015 (Caa1/CCC+) and $750 million senior subordinated notes due 2017 (Caa2/CCC+); J.P. Morgan Securities Inc., Deutsche Bank Securities Inc., Morgan Stanley & Co.; to refinance bridge loan related to LBO; Vernon Hills, Ill., provider of technology products and services.

CKE RESTAURANTS INC.: $600 million of senior secured second-priority notes and $100 million revolver via Morgan Stanley, Citigroup and RBC Capital Markets; to help fund its buyout agreement with Apollo Global Management, expected to be completed by the end of the second quarter of fiscal 2011; CKE Restaurants is a Carpinteria, Calif.-based owner of Carl's Jr. and Hardee's quick-service restaurant chains.

DYNCORP INTERNATIONAL INC.: $455 million senior unsecured notes and $715 million senior secured credit facility; Bank of America, Citigroup, Barclays Capital, Deutsche Bank Securities; to help fund its acquisition by Cerberus Capital Management LP, expected to close third or fourth quarter of 2010; Falls Church, Va.-based government services provider in support of U.S. national security and foreign policy objectives.

ESSAR STEEL HOLDINGS LTD. and GALLOP HOLDINGS LLC: Benchmark dollar denominated senior unsecured notes due 2017 (B2/B); UBS Investment Bank, Bank of America Merrill Lynch, Deutsche Bank Securities, Standard Chartered Bank (joint); Rule 144A/Regulation S for life; non-callable for four years; to refinance existing debt, fund capital expenditures and acquisitions, and for general corporate purposes; vertically integrated global steel producer based in Mumbai, India.

GENON ENERGY: New senior notes and new credit facility; to finance part of its creation through the merger of Mirant Corp. and RRI Energy Inc., expected to close before the end of 2010; GenOn will be a Houston-based power producer.

GLORIOUS PROPERTY HOLDINGS LTD.: Dollar-denominated global bonds (expected B1/confirmed B); Deutsche Bank Securities, JPMorgan, Standard Chartered Bank; Hong Kong-based mainland China property developer; roadshow started April 15.

HAWKEYE GROWTH LLC (HAWKEYE RENEWABLES): Up to $150 million first-lien notes; PrinceRidge Group; proceeds, along with cash on hand, to refinance debt; Ames, Iowa-based ethanol producer.

HILLMAN COS., INC.: $150 million senior unsecured notes; to help fund the acquisition of the company by Oak Hill Capital Partners; also new $320 million senior secured credit facility; Cincinnati-based distributor of stock-keeping units and provider of inventory management and in-store merchandising services.

SPECTRUM BRANDS INC.: $750 million senior secured notes due 2017; Credit Suisse, Bank of America, Deutsche Bank; also $1.05 billion credit facility; to help refinance debt as part of merger with Russell Hobbs Inc.; Atlanta-based consumer products company.

TERPHANE, INC.: $90 million secured notes due 2017; PrinceRidge Group (sole); Rule 144A for life; non-callable for four years; to repay Libor plus 970 bps secured notes and 12% secured notes; polyester films manufacturer based in Bloomfield, N.Y., and Sao Paulo.

TRIUMPH GROUP INC.: $400 million high-yield notes and $300 million term loan (loan could launch late April or early May; RBC Capital Markets is leading the financing; to fund the acquisition of Vought Aircraft Industries, Inc.; funding also includes $189 million under the existing revolver and accounts receivable securitization facility and $292 million cash on hand; Triumph is a Wayne, Pa.-based designer, engineer, manufacturer and repairer of aircraft components and accessories.

ROADSHOWS

April 26-May 4: LANTHEUS MEDICAL IMAGING, INC.: $225 million; Jefferies & Co.

April 27-May 5: ONCURE HOLDINGS, INC. $210 million; Jefferies & Co.

April 29-May 4: INEOS FINANCE PLC €700 million equivalent; Barclays Capital, JPMorgan, Citigroup, Morgan Stanley.

Pricing May 6 or May 7: AMERICAN PETROLEUM TANKERS PARENT LLC $275 million; Credit Suisse, UBS Investment Bank.

Started May 3: TOWERGATE FINANCE PLC £665 million equivalent; JPMorgan, Credit Suisse.

Started May 3: MCE FINANCE LTD. (MELCO CROWN ENTERTAINMENT LTD.) $600 million; Deutsche Bank Securities, Bank of America Merrill Lynch, RBS Investment Bank, ANZ Investment Bank, Barclays Capital, Citigroup, Commerz, Credit Agricole, NAB Securities, UBS Investment Bank.

May 4-11: KRATOS DEFENSE & SECURITY SOLUTIONS, INC. $200 million; Jefferies & Co.

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