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Published on 6/4/2014 in the Prospect News Bank Loan Daily.

Bank Loan Calendar: $42.3965 billion deals being marketed

June Bank Meetings

BAYONNE ENERGY CENTER LLC: $530 million senior secured credit facility (Ba3/BB); Morgan Stanley, Macquarie and Credit Agricole; $30 million five-year revolver; $500 million seven-year term loan B at Libor plus 375 to 400 bps with a 1% Libor floor at 99, with a 101 soft call for one year; fund Arclight Capital Partners LLC's acquisition of the remaining 50% interest in the company from Hess Corp.; Bayonne, N.J., power generation facility; commitments due June 18.

GATES GLOBAL LLC: Bank meeting June 5; $2.49 billion and €200 million seven-year first-lien covenant-light term loans, $125 million five-year revolver and $325 million ABL; Credit Suisse Securities (USA) LLC (books); to help fund buyout by Blackstone from Onex Corp. and Canada Pension Plan Investment Board; Denver-based manufacturer of power transmission belts and fluid power products; commitments due June 19.

GST AUTOLEATHER INC.: Bank meeting June 9; $180 million senior secured credit facility; RBC; $30 million five-year revolver; $150 million six-year term B; refinance existing debt; Southfield, Mich., automotive leather manufacturer.

J.C. PENNEY CO. INC.: Bank meeting June 5; $2.35 billion credit facility; Bank of America (left on term loan), Wells Fargo (left on revolver), JPMorgan, Barclays and Goldman Sachs; $500 million term loan (B2); $1.85 billion asset-based revolver (B1); refinance an existing asset-based revolver and general corporate purposes; Plano, Texas, operator of department stores.

TGI FRIDAYS RESTAURANTS: $670 million credit facility; Credit Suisse and Jefferies; $425 million six-year first-lien term loan, $195 million second-lien term loan, $50 million revolver; to help buyout by Sentinel Capital Partners and TriArtisan Capital Partners from Carlson; casual dining restaurant and bar chain; bank meeting June 5; commitments due June 19.

VERDESIAN LIFE SCIENCES: Bank meeting expected in June; $225 million credit facility; Goldman Sachs; $25 million revolver; $200 million term B; fund an acquisition; Cary, N.C., provider of patented technologies for high-value specialty crops, row crops, and turf and ornamental markets.

WORLD TRIATHLON CORP.: Bank meeting June 11; $240 million credit facility; UBS; $20 million five-year revolver; $220 million seven-year first-lien term loan with 1% annual amortization; recapitalization; Tampa Bay, Fla., owner and operator of Ironman triathlon events.

Upcoming Closings

ALSTOM AUXILIARY COMPONENTS: €630 million senior secured credit facility; Citigroup, Barclays, ING, RBC and Societe Generale; €40 million five-year multicurrency revolver (B2/B); €160 million five-year multicurrency letter-of-credit facility (B2/B); €310 million equivalent dollar and euro seven-year covenant-light first-lien term B (B2/B) talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 99, 101 soft call for six months; €120 million dollar-equivalent eight-year covenant-light second-lien term loan (Caa2/CCC+) talked at Libor plus 725 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund buyout by Triton from Alstom; Mannheim, Germany-based company active in air preheaters and gas-gas heaters for thermal power plants, heat transfer solutions for petrochemical and industrial processes, and grinding mills for diversified industrial applications.

AMERICAN TIRE DISTRIBUTORS INC.: $420 million incremental term loan (including $80 million delayed-draw) due June 2018 talked at Libor plus 475 bps, 1% Libor floor, Bank of America; refinance notes; Huntersville, N.C., replacement tire distributor.

AMERIFORGE GROUP INC.: $100 million of add-on term loans; Deutsche Bank, Goldman Sachs, RBC, UBS and BNP Paribas; $65 million add-on first-lien covenant-light term loan (B1) due Dec. 19, 2019 talked at Libor plus 375 bps, 1.25% Libor floor, OID 99½ area; $35 million add-on second-lien covenant-light term loan (Caa1) due Dec. 19, 2020 talked at Libor plus 750 bps, 1.25% Libor floor, premium 101 area; fund the acquisition of VerdErg; Houston-based manufacturer of highly engineered products, subassemblies and integrated systems for the oil and gas, midstream, downstream, power generation, aerospace, transportation and industrial markets.

ANCHOR GLASS CONTAINER CORP.: $435 million credit facility; UBS and RBC; $100 million five-year ABL revolver; $335 million seven-year first-lien term loan (B3/BB-) at Libor plus 325 bps, 1% Libor floor, OID 993/4, 101 soft call for six months; help fund buyout by KPS Capital Partners LP from Ardagh Holdings USA Inc.; Tampa, Fla.-based manufacturer of glass packaging products.

ARIZONA CHEMICAL INC.: $940 million credit facility; Goldman Sachs, Credit Suisse, Jefferies and SunTrust; $60 million five-year revolver (BB-); $675 million seven-year covenant-light first-lien term loan (BB-) talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 991/2, 101 soft call; $205 million eight-year covenant-light second-lien term loan (B-) talked at Libor plus 675 bps to 700 bps, 1% Libor floor, OID 99, call protection 102, 101; refinance existing debt and fund a dividend; Jacksonville, Fla., biorefiner of pine chemicals.

B&G FOODS INC.: $800 million five-year credit facility (Ba1/BB+); Credit Suisse, Barclays, RBC, Bank of America, Deutsche Bank, TD Securities, RBS Citizens and Rabobank; $500 million revolver at Libor plus 200 bps, 50 bps unused fee; $300 million term A at Libor plus 200 bps; refinance existing credit facility; Parsippany, N.J., manufacturer, seller and distributor of shelf-stable foods.

BRICKMAN GROUP LTD. LLC: $825 million of bank debt; Jefferies, Macquarie, Mizuho, SMBC, Nomura, and KKR Capital; $100 million revolver; $725 million incremental first-lien term loan; help fund the acquisition of ValleyCrest Cos. LLC from MSD Capital LP; Rockville, Md., provider of landscape maintenance and snow removal services.

BLUE BIRD BODY CO.: $300 million credit facility; Societe Generale; $50 million five-year revolver; $250 million six-year first-lien term loan talked at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; refinance existing debt and fund a dividend; Fort Valley, Ga., manufacturer of school buses and a provider of aftermarket parts and services.

CAESARS ENTERTAINMENT OPERATING CO.: $1.75 billion incremental term B-7 (Caa2/CCC-/CCC) due March 1, 2017 at Libor plus 875 bps, 1% Libor floor, OID 991/4, non-call for six months, then at 101 for six months; Credit Suisse, Citigroup and Macquarie; refinance existing debt and general corporate purposes; Las Vegas-based diversified casino-entertainment company.

COMPASS DIVERSIFIED HOLDINGS: $325 million seven-year term B (Ba3/BB-) at Libor plus 325 bps, 1% Libor floor, OID 991/2, 101 soft call; Bank of America and SunTrust; refinance existing bank debt; Westport, Conn., owner and manager of middle-market businesses.

CONSOLIDATED CONTAINER CO. LLC: $80 million senior secured covenant-light second-lien term loan due Jan. 3, 2020 talked at Libor plus 600 bps, 1.25% Libor floor, OID 98, call protection 103, 102, 101; Citigroup; fund acquisition; Atlanta-based developer and manufacturer of rigid plastic packaging.

CONVERGEONE: $295 million credit facility; Credit Suisse and BMO; $25 million revolver (B2/B); $190 million six-year first-lien term loan (B2/B) talked at Libor plus 475 bps, 1% Libor floor, OID 99, 101 soft call for six months; $80 million seven-year second-lien term loan (Caa2/CCC+) talked at Libor plus 800 bps, 1% Libor floor, OID 99, call protection 103, 102, 101; help fund buyout by Clearlake Capital Group LP; Eagan, Minn., provider of data, communications, collaboration and customer interaction and managed services.

CREATIVE CIRCLE LLC: $200 million credit facility; Societe Generale; $15 million revolver (B1/B+); $150 million first-lien term loan (B1/B+) talked at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; $35 million second-lien term loan (Caa1/CCC+) talked at Libor plus 800 bps, 1% Libor floor, OID 99, call protection 102, 101; refinance existing debt and fund a dividend; Los Angeles-based provider of specialized freelance and permanent staffing for advertising, creative, digital/IT marketing talent.

CURO HEALTH SERVICES: $485 million credit facility; JPMorgan, GE Capital, SunTrust and Jefferies; $35 million five-year revolver (B2/B); $335 million six-year first-lien term B (B2/B) at Libor plus 475 bps, 1% Libor floor, OID 971/2, 101 soft call; $115 million 61/2-year second-lien term loan (Caa2/CCC+) at Libor plus 875 bps, 1% Libor floor, OID 97, call protection 103, 102, 101; fund the acquisition of SouthernCare Inc., refinance existing debt and general corporate purposes; Mooresville, N.C., provider of home health care and hospice services.

CUSTOM SENSORS & TECHNOLOGIES: $665 million credit facility; Deutsche Bank (left on first-lien), Bank of America (left on second-lien) and Mizuho; $75 million five-year revolver; $470 million seven-year covenant-light first-lien term loan talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 99 area, 101 soft call for six months; $120 million eight-year covenant-light second-lien term loan talked at Libor plus 725 bps to 750 bps, 1% Libor floor, OID 99 area, call protection 102, 101; help fund acquisition by The Carlyle Group and PAI Partners from Schneider Electric; designer and manufacturer of specialized high-end ultra-sensitive sensors, controls and actuation products used in mission critical applications.

DAVITA HEALTHCARE PARTNERS INC.: $5.5 billion credit facility (Ba1); Barclays, Wells Fargo, Bank of America, Credit Suisse, Goldman Sachs, JPMorgan, Morgan Stanley and SunTrust; $1 billion five-year revolver talked at Libor plus 175 bps; $1 billion five-year term A talked at Libor plus 175 bps; $3.5 billion seven-year term B talked at Libor plus 300 bps to 325 bps, 0.75% Libor floor, OID 991/2, 101 soft call for six months; refinance existing debt and general corporate purposes; provider of kidney and dialysis services.

ELECTRICAL COMPONENTS INTERNATIONAL INC.: $310 million credit facility (B1/B+); Bank of America, GE Capital and Fifth Third; $260 million seven-year term B at Libor plus 475 bps, step-down to Libor plus 450 bps when total net leverage is 3.5x, 1% Libor floor, OID 991/2, 101 soft call; $50 million five-year revolver; help fund buyout by KPS Capital Partners LP; St. Louis-based manufacturer of wire harnesses and value-added assembly services for consumer appliance and specialty industrial applications.

ELECTRONIC FUNDS SOURCE LLC (WP MUSTANG HOLDINGS LLC): $850 million credit facility; Goldman Sachs (left on first-lien) and Credit Suisse (left on second-lien); $100 million revolver (B); $500 million seven-year first-lien covenant-light term loan (B) at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call; $250 million eight-year second-lien covenant-light term loan (CCC+) at Libor plus 750 bps, 1% Libor floor, OID 97, call protection 103, 102, 101; help fund buyout by Warburg Pincus from an investor group including First Data Transportation Services Inc., CTP Holdings LLC and FJ Management Inc.; provider of payments services.

ENCOMPASS DIGITAL MEDIA INC.: $370 million credit facility; BMO and Macquarie; $30 million five-year revolver (B2/B+); $265 million seven-year first-lien term loan (B2/B+) at Libor plus 450 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; $75 million eight-year second-lien term loan (Caa2/CCC+) at Libor plus 775 bps, 1% Libor floor, OID 99, call protection 103, 101; refinance existing debt and prefund payments related to a 2012 acquisition; provider of mission-critical media capture, management and distribution services.

ENERGY FUTURE INTERMEDIATE HOLDING CO. LLC: $1.325 billion 24-month superpriority first-lien DIP term loan talked at Libor plus 325 bps, 1% Libor floor, OID 99; Deutsche Bank, Citigroup, Bank of America, Morgan Stanley, RBC and Union Bank; fund Chapter 11 expenses, to refinance existing first-lien notes, for adequate protection payments, working capital and general corporate purposes, and to comply with any legal and/or regulatory requirements; Dallas-based energy company.

EXTENDED STAY AMERICA INC.: $375 million senior secured term loan (B+) talked at Libor plus 475 bps to 500 bps, 1% Libor floor, OID 99, non-call one, then soft call 102 for six months, 101 for six months; Goldman Sachs, Citigroup, Deutsche Bank and JPMorgan; refinance mezzanine debt; Charlotte, N.C., owner and operator of company-branded hotels.

GENEX HOLDINGS INC.: $317.5 million senior secured credit facility; RBC, SunTrust and UBS; $30 million revolver (B); $195 million first-lien term loan (B) at Libor plus 425 bps, 1% Libor floor, OID 991/2, 101 soft call; $92.5 million second-lien term loan (CCC+) at Libor plus 775 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund buyout by Apax Partners; Wayne, Pa., provider of integrated managed care services.

GRAY TELEVISION INC.: $550 million senior secured credit facility (Ba3/BB); Wells Fargo, Bank of America and RBC; $50 million revolver; $500 million term loan talked at Libor plus 300 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; refinance existing debt and complete acquisitions; Atlanta-based owner and operator of television stations and digital assets.

GREEN PLAINS RENEWABLE ENERGY INC.: $225 million senior secured term loan (B2/BB) talked at Libor plus 550 bps to 575 bps, 1% Libor floor, OID 99; BMO and BNP Paribas; refinance existing ethanol plant credit facilities; Omaha, Neb., diversified commodity-processing business.

HENNIGES AUTOMOTIVE HOLDINGS INC.: $335 million credit facility; Barclays, Bank of America and UBS; $50 million five-year ABL revolver; $285 million seven-year term B (B1/B) talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 99, 101 soft call for six months; refinance existing debt and fund a dividend; Auburn Hills, Mich., supplier of highly-engineered automotive sealing and anti-vibration systems for automotive applications.

HILLMAN COS. INC.: $680 million senior secured credit facility (B1/B); Barclays and Morgan Stanley; $70 million five-year revolver; $610 million seven-year covenant-light term B talked at Libor plus 375 bps, 1% Libor floor, OID 99, 101 soft call; help fund buyout by CCMP Capital Advisors LLC from Oak Hill Capital Partners; Cincinnati-based distributor of fasteners, key duplication systems, engraved tags and related hardware items.

ION TRADING TECHNOLOGIES SARL: $460 million in U.S. bank debt; UBS; $40 million five-year revolver (B2/B); $170 million seven-year first-lien term loan (B2/B) at Libor plus 325 bps, 1% Libor floor, 101 soft call; €500 million seven-year first-lien term loan (B2/B) at Euribor plus 350 bps, 1% floor, 101 soft call; $250 million eight-year second-lien term loan (Caa2/CCC+) at Libor plus 625 bps, 1% Libor floor, call protection 102, 101; refinance existing debt; provider of trading software.

JASON INC.: $460 million credit facility; Deutsche Bank, Citigroup and HSBC; $40 million revolver (B1/B); $310 million seven-year covenant-light first-lien loan (B1/B) at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call; $110 million eight-year covenant-light second-lien loan (Caa1/CCC+) at Libor plus 800 bps, 1% Libor floor, OID 97, call protection 103, 102, 101; help fund acquisition by Quinpario Acquisition Corp. from Saw Mill Capital LLC, Falcon Investment Advisors LLC and other investors; Milwaukee-based manufacturer of items within the seating, finishing, components and automotive acoustics markets.

KOPPERS INC.: $800 million senior secured credit facility; PNC; $500 million revolver with leverage-based pricing grid ranging from Libor plus 225 bps to 325 bps; $300 million term A with leverage-based pricing grid ranging from Libor plus 225 bps to 325 bps; fund acquisition of the Wood Preservation and Railroad Services businesses of Osmose Holdings Inc.; Pittsburgh-based producer of carbon compounds and treated wood products.

LION COPOLYMER: $300 million term B; Wells Fargo and HSBC; refinance existing debt; Geismar, La., manufacturer of synthetic rubber.

LONG TERM CARE GROUP INC.: $195 million senior secured credit facility; RBC and MCS; $20 million revolver; $175 million term B due 2020 at Libor plus 525 bps, 1% Libor floor, OID 991/2, 101 soft call; help fund buyout by Stone Point Capital from Univita Health; Eden Prairie, Minn., business process outsourcing company for the long-term care insurance industry.

MEN'S WEARHOUSE: $1.6 billion senior secured credit facility; JPMorgan and Bank of America; $500 million five-year asset-based revolver; $1.1 billion seven-year covenant-light term B (Ba2/B+) at Libor plus 350 bps, 1% Libor floor, OID 99, 101 soft call for six months; help fund acquisition of Jos. A. Bank Clothiers; Houston-based specialty retailer of men's apparel.

MERGERMARKET USA INC.: Roughly $45 million add-on first-lien term loan due Feb. 4, 2021 talked at Libor plus 350 bps, 1% Libor floor; UBS; fund acquisition of Perfect Information Ltd.; provider of corporate financial news, intelligence and analysis with headquarters in New York, London and Hong Kong.

MICHAELS STORES INC.: $850 million covenant-light term loan due January 2020 talked at Libor plus 300 bps, 1% Libor floor, OID 99 to 991/2, 101 soft call for six months; Deutsche Bank, JPMorgan, Barclays, Bank of America, Credit Suisse, Morgan Stanley, Wells Fargo, Guggenheim and Macquarie; refinance senior notes; Irving, Texas, arts and crafts specialty retailer.

NEW MEDIA INVESTMENT GROUP: $225 million credit facility; RBS Citizens and Credit Suisse; $25 million revolver; $200 million term B talked at Libor plus 500 bps, 1% Libor floor, OID 991/4, 101 soft call for six months; refinance existing debt; New York-based publisher of locally based print and online media.

ORTHO-CLINICAL DIAGNOSTICS: $2.525 billion senior secured credit facility (B1/B); Barclays, Goldman Sachs, Credit Suisse, UBS and Nomura; $350 million five-year revolver; $2.175 billion seven-year covenant-light term B at Libor plus 375 bps, 1% Libor floor, OID 99, 101 soft call; help fund buyout by Carlyle Group from Johnson & Johnson; Raritan, N.J., provider of services for screening, diagnosing, monitoring and confirming diseases.

PEAK 10 INC.: $525 million credit facility; Credit Suisse (left on first-lien), RBC (left on second-lien) and Jefferies; $65 million revolver (B2/B); $330 million seven-year first-lien covenant-light term loan (B2/B) talked at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; $130 million eight-year second-lien covenant-light term loan (Caa2/CCC+) talked at Libor plus 750 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund buyout by GI Partners from Welsh, Carson, Anderson & Stowe; Charlotte, N.C., IT infrastructure and cloud provider.

PHILLIPS-MEDISIZE CORP.: $605 million credit facility; Goldman Sachs, UBS and Jefferies; $70 million revolver (B2/B); $365 million first-lien term loan (B2/B) talked at Libor plus 425 bps to 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; $170 million second-lien term loan (Caa2/CCC+) talked at Libor plus 750 bps to 775 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund buyout by Golden Gate Capital from Kohlberg & Co. LLC; Hudson, Wis., provider of design and manufacturing services to the pharmaceutical, medical device, diagnostic and specialty commercial markets.

POLYMER GROUP INC.: $355 million senior secured incremental covenant-light term loan (B2/B-) (including $45 million delayed-draw) due Dec. 19, 2019 talked at Libor plus 425 bps, 25 bps step-down when senior secured net leverage is below 3.5x, 1% Libor floor, OID 99¾ area, 101 soft call for six months; Citigroup, Barclays, RBC and HSBC; help fund acquisition of 71.25% of the outstanding capital stock of Companhia Providência Indústria e Comércio; Charlotte, N.C., producer of engineered materials with a focus on nonwoven products.

RYMAN HOSPITALITY PROPERTIES (RHP HOTEL PROPERTIES LP): $400 million covenant-light term B (Ba3/BB) due January 2021 talked at Libor plus 300 bps (down from 325 bps), 75 bps Libor floor (down from 100 bps), OID 99.5 (previously 99 to 99.50), 101 soft call for one year (increased from six months); Deutsche Bank, Wells Fargo, JPMorgan, Bank of America and U.S. Bank; repay revolver debt and general corporate purposes; Nashville, Tenn., real estate investment trust specializing in group-oriented, destination hotel assets in urban and resort markets; pricing June 5.

SCHRADER INTERNATIONAL INC.: $80 million incremental first-lien term loan talked at Libor plus 400 bps, step-downs after Dec. 31 to Libor plus 375 bps when net first-lien leverage is 4x and Libor plus 350 bps when net first-lien leverage is 3.5x, 1% Libor floor, OID 991/2, 101 soft call for six months; Barclays; refinance existing second-lien term loan; manufacturer of tire pressure monitoring systems, valve products and tire hardware and related accessories.

SHEARER'S FOODS LLC: $590 million credit facility; Credit Suisse, Deutsche Bank and UBS; $75 million ABL revolver; $290 million seven-year first-lien covenant-light term loan talked at Libor plus 375 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; $225 million eight-year second-lien covenant-light term loan talked at Libor plus 700 bps, 1% Libor floor, OID 99, call protection 102, 101; fund acquisition of Private Brands and two manufacturing facilities from Snyder's-Lance Inc.; Massillon, Ohio, national contract manufacturing and private label supplier in the snack industry.

SWIFT TRANSPORTATION CO.: $1.35 billion senior secured credit facility (Ba2/BB-); Bank of America, Morgan Stanley, Wells Fargo. Deutsche Bank, RBC, Citigroup and PNC; $450 million revolver talked at Libor plus 200 bps; $450 million delayed-draw term A talked at Libor plus 200 bps; $450 million term B talked at Libor plus 300 bps, 1% Libor floor, OID 991/2; refinance existing senior secured credit facility and redeem notes; expected close June 9; Phoenix-based transportation services company and truckload carrier.

TEXAS COMPETITIVE ELECTRIC HOLDINGS CO. LLC: $4.475 billion 24-month DIP facility (Baa3/BB+); Citigroup; $1.95 billion revolver; $1.425 billion covenant-light term loan at Libor plus 300 bps, 0.75% Libor floor, OID 99 5/8; $1.1 billion delayed-draw covenant-light term loan at Libor plus 300 bps, 0.75% Libor floor, OID 99 5/8; help support normal business operations during Chapter 11 process; Dallas-based energy company.

TROJAN BATTERY CO.: $275 million credit facility (B2/B+); GE Capital, KeyBanc and Credit Suisse; $40 million six-year revolver; $235 million seven-year term loan talked at Libor plus 425 bps to 450 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; fund a dividend and refinance existing debt; Santa Fe Springs, Calif., manufacturer of deep-cycle batteries.

US ECOLOGY INC.: $540 million credit facility (Ba3/BB+); Wells Fargo and Credit Suisse; $125 million five-year revolver; $415 million seven-year term loan at Libor plus 300 bps, 0.75% Libor floor, OID 993/4, 101 soft call for six months; help fund acquisition of EQ - The Environmental Quality Co.; Boise, Idaho, provider of radioactive, hazardous, PCB and non-hazardous industrial waste management and recycling services.

VANTIV INC.: $1.919 billion of new bank debt (Ba3/BB+); JPMorgan, Bank of America and Credit Suisse; $1 billion seven-year term B talked at Libor plus 300 bps to 325 bps, 0.75% Libor floor, OID 991/2, 101 soft call for six months; $669 million add-on five-year term A talked at Libor plus 200 bps; $250 million add-on five-year revolver talked at Libor plus 200 bps; fund the acquisition of Mercury Payment Systems LLC from Silver Lake; Symmes Township, Ohio, payment processor.

V.GROUP: $420 million credit facility; RBC (left on first-lien) and Goldman Sachs (left on second-lien); $35 million five-year revolver (B1/B); $260 million seven-year first-lien term loan (B1/B); $125 million 71/2-year second-lien term loan (Caa1/CCC+); refinance existing debt and pay a dividend; supplier of specialist outsourcing services to asset owners and operators in the shipping, offshore, leisure and defense sectors.

VERIFONE INC.: $1.2 billion credit facility; JPMorgan; $400 million revolver; $550 million term A; $250 million term B; refinance existing debt; San Jose, Calif., company that makes secure electronic payment equipment.

WAYNE FUELING SYSTEMS LLC: $460 million senior secured credit facility; Citigroup, UBS, Credit Suisse and BNP Paribas; $75 million five-year revolver (B1); $285 million seven-year covenant-light first-lien term loan (B1) talked at Libor plus 400 bps, 1% Libor floor, OID 991/2, 101 soft call for six months; $100 million eight-year covenant-light second-lien term loan (Caa1) talked at Libor plus 725 bps to 750 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund buyout by Riverstone Holdings LLC from GE; Austin, Texas, designer, manufacturer and servicer of fuel dispensers and forecourt technologies.

On The Horizon

AKORN INC.: $445 million incremental term loan (B1); JPMorgan; fund acquisition of VPI Holdings Corp. (VersaPharm Inc.); Lake Forest, Ill., niche pharmaceutical company.

ALLIANT TECHSYSTEMS INC.: Incremental term loan; help fund convertibles tender offer; Arlington, Va., aerospace, defense and commercial products company.

ALLIANT TECHSYSTEMS SPORTING GROUP: $750 million senior secured credit facility; Bank of America; $400 million revolver; $350 million term loan; help fund its spin-off from Alliant Techsystems Inc.; Utah-based outdoor recreation products company.

AMSURG CORP.: $1.375 billion senior secured credit facility; Citigroup; $250 million five-year revolver expected at Libor plus 300 bps, 1% Libor floor, 37.5 bps commitment fee; $1.125 billion seven-year covenant-light term loan B expected at Libor plus 300 bps, 1% Libor floor, 101 soft call for six months; help fund acquisition of Sheridan Healthcare from Hellman & Friedman LLC; Nashville, Tenn., acquirer, developer and operator of ambulatory surgery centers.

ASHLAND WATER TECHNOLOGIES: New debt financing; Credit Suisse, Bank of America, Goldman Sachs, Macquarie, Nomura and RBC; help fund buyout by Clayton, Dubilier & Rice from Ashland Inc.; supplier of specialty chemicals for process, functional and water treatment applications.

BEL FUSE INC.: $230 million senior credit facility; KeyBanc; $50 million revolver; $110 million term loan; $70 million term loan; help fund acquisitions of Power-One Power Solutions from ABB Ltd. and Emerson Network Power Connectivity Solutions from Emerson Inc.; Jersey City, N.J., designer, manufacturer and seller of products for the networking, telecommunications, high-speed data transmission, aerospace, military transportation and consumer electronics industries.

BIRCH COMMUNICATIONS INC.: $500 million senior secured credit facility; PNC and Jefferies; $50 million revolver; $450 million term loan; help fund acquisition of Cbeyond Inc.; Atlanta-based IP-based telecommunications and managed services provider.

CHARTER COMMUNICATIONS: New debt financing; Bank of America, Credit Suisse, Deutsche Bank and Goldman Sachs; help fund acquisition of systems serving about 1.4 million customers from Comcast/Time Warner Cable; Stamford, Conn., broadband communications company and cable operator.

DFC GLOBAL CORP.: $125 million senior secured asset-based revolver; Jefferies and Credit Suisse; help fund buyout by Lone Star Funds; Berwyn, Pa., financial services company.

HEALOGICS: New debt financing; JPMorgan, Credit Suisse, Bank of America, Citigroup and Morgan Stanley; help fund buyout by Clayton, Dubilier & Rice from Metalmark Capital and Scale Venture Partners; Jacksonville, Fla., provider of advanced wound care services.

HILLSHIRE BRANDS CO.: $5.3 billion senior secured credit facility; Goldman Sachs, JPMorgan and RBC; $500 million five-year revolver expected at Libor plus 225 bps if corporate credit ratings are Ba2/BB or Libor plus 250 bps if the ratings are lower than Ba2/BB, 50 bps unused fee; $4.8 billion seven-year covenant-light term B (may be reduced by notes issuance) expected at Libor plus 250 bps if corporate credit ratings are Ba2/BB or Libor plus 275 bps if the ratings are lower than Ba2/BB, 0.75% Libor floor, OID 991/2, 101 soft call for six months; help fund acquisition of Pinnacle Foods Inc.; Chicago-based food company.

IPREO HOLDINGS LLC: New debt financing; Goldman Sachs, Bank of America, Credit Suisse, Deutsche Bank, Morgan Stanley and RBC; help fund buyout by Blackstone and Goldman Sachs Merchant Banking Division from Kohlberg Kravis Roberts & Co. LP; New York-based provider of new issuance software solutions across the equity, fixed income, municipal, and syndicated loan markets.

MALLINCKRODT PLC: $1.35 billion senior secured term loan; Barclays; help fund acquisition of Questcor Pharmaceuticals Inc.; Dublin, Ireland, pharmaceuticals company.

MAUSER GROUP: New debt financing; Credit Suisse, Barclays, BNP Paribas, ING, Natixis and Nomura; help fund buyout by Clayton, Dubilier & Rice; Bruehl, Germany, industrial packaging company.

MEDIA GENERAL INC.: $1.6 billion senior secured credit facility; RBC; incremental $90 million revolver; incremental $600 million term A; incremental $910 million term B; help fund merger with LIN Media LLC and refinance some LIN debt; Richmond, Va., local television broadcasting and digital media company.

NATIONAL CINEMEDIA INC.: New loan; help fund acquisition of Screenvision; Centennial, Colo., based integrated media company.

PLATFORM SPECIALTY PRODUCTS CORP.: $720 million in term loans; Barclays; $600 million incremental covenant-light first-lien term loan due June 7, 2020 expected at Libor plus 300 bps, 25 bps step-down on or after Sept. 30, 2014 if first-lien net leverage is less than 3.25 times and total net leverage is less than 5.75 times, 1% Libor floor, OID 99; $120 million covenant-light second-lien loan due Dec. 7, 2020 expected at Libor plus 675 bps, 1% Libor floor, OID 981/2, call protection 102, 101; help fund acquisition of Chemtura AgroSolutions from Chemtura Corp.; Miami-based producer of high-technology specialty chemical products and provider of technical services.

PRESTIGE BRANDS HOLDINGS INC.: Add-on term loan; Citigroup; help fund acquisitions of Insight Pharmaceuticals Corp. from Swander Pace Capital and Ontario Teachers' Pension Plan; Tarrytown, N.Y., marketer and distributor of over-the-counter and household cleaning products.

RED LOBSTER: New credit facility; Deutsche Bank, GE Capital and Jefferies; help fund buyout by Golden Gate Capital from Darden Restaurants Inc.; Orlando, Fla., casual dining seafood restaurant company.

SAFEWAY INC.: $9.45 billion credit facility; Bank of America, Citigroup, Credit Suisse, Morgan Stanley, Barclays, Deutsche Bank, PNC, US Bank and SunTrust; $2.75 billion five-year asset-based revolver; $2 billion five-year term B-3; $4 billion seven-year term B-4; $700 million one-year term B-5; help fund buyout by AB Acquisition LLC; Pleasanton, Calif., food and drug retailer.

SPINCO: New term loans and revolver; help fund acquisition of about 2.5 million customers from Comcast/Time Warner Cable; newly formed cable company.

STERIGENICS: $565 million credit facility; Credit Suisse, Goldman Sachs, RBC and UBS; $75 million revolver; $490 million term loan; help fund acquisition of Nordion Inc.; Deerfield, Ill., sterilization services company.

TERRA OPERATING LLC: Up to $425 million senior secured credit facility; Goldman Sachs, Barclays, Citigroup and JPMorgan; $125 million three-year revolver; $300 million five-year term loan; refinance a portion of a bridge loan in connection with initial public offering; Beltsville, Md.-based owner and operator of contracted clean power generation assets.

TRUEBLUE INC.: $300 million five-year secured asset-backed revolver expected at Libor plus 200 bps; Bank of America, Wells Fargo and PNC; help fund the acquisition of SeatonCorp from Leeds Equity Partners; Tacoma, Wash., staffing provider.

WARRANTY GROUP INC.: $647 million credit facility; JPMorgan, UBS, Goldman Sachs, Morgan Stanley, Bank of Tokyo- Mitsubishi and Citigroup; $30 million revolver at Libor plus 200 bps; $330 million term A at Libor plus 200 bps; $287 million term B; help fund buyout by TPG from Onex Corp.; Chicago-based provider of warranty services and related programs.

WENCOR GROUP LLC: New credit facility; help fund buyout by Warburg Pincus from Odyssey Investment Partners LLC; Springville, Utah, designer, repair provider and distributor of aftermarket aerospace components.

ZEBRA TECHNOLOGIES CORP.: $2.25 billion senior secured credit facility; Morgan Stanley; $2 billion seven-year covenant-light term loan expected at Libor plus 300 bps, 0.75% Libor floor, 101 soft call for six months; $250 million five-year revolver expected at Libor plus 250 bps; help fund acquisition of Motorola Solutions Inc.'s enterprise business; Lincolnshire, Ill., provider of marking and printing technologies.


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