Bank Loan Calendar: $91.179 billion deals being marketed

June Bank Meetings

ALTERRA MOUNTAIN CO.: Lender call June 20; $50 million add-on term loan talked at Libor plus 300 bps, 0% Libor floor, OID 99.875, 101 soft call until October; JPMorgan; fund an acquisition; Denver-based mountain resort and adventure company.

AMWINS GROUP LLC: Lender call June 20; $290 million add-on first-lien term loan; Goldman Sachs, Barclays, JPMorgan, Morgan Stanley and Wells Fargo; help repay revolver borrowings and second-lien term loan, and fund a distribution to shareholders; Charlotte, N.C., specialty insurance broker.

AUTHENTIC BRANDS GROUP LL (ABG INTERMEDIATE HOLDINGS 2 LLC): Lender call June 20; $100 million in incremental term loans; Bank of America, Barclays and KeyBanc; $70 million incremental covenant-light first-lien term loan due Sept. 29, 2024 talked at Libor plus 350 bps, 1% Libor floor, OID 99.5 to 99.75, 101 soft call through Oct. 30; $30 million incremental covenant-light second-lien term loan due Sept. 29, 2025 talked at Libor plus 775 bps, 1% Libor floor, OID 99.5 to 99.75, call protection 102, 101; help fund acquisition of Nine West and Bandolino brands; New York-based acquirer and manager of consumer brands in the fashion, sports and celebrity/entertainment sectors.

CLEAN HARBORS INC.: Lender call June 20; $350 million add-on senior secured first-lien term loan (Ba1); Goldman Sachs, Bank of America, JPMorgan and SunTrust; help refinance notes; Norwell, Mass., provider of environmental, energy and industrial services.

CULLIGAN HOLDING INC.: Lender call June 20; $230 million add-on senior secured term B; Morgan Stanley, Citigroup, Goldman Sachs, RBC and BMO; directly or indirectly finance acquisitions; Rosemont, Ill., provider of water treatment products and services. Zip Industries is an Australian supplier of instant drinking water appliances.

OASIS OUTSOURCING HOLDINGS INC.: Lender call June 21; $87 million add-on first-lien term loan; RBC, SunTrust, Citizens and KeyBanc; fund acquisitions; West Palm Beach, Fla., provider of comprehensive and cost-effective HR outsourcing services to small- and medium-sized businesses.

QUALTEK USA LLC: Bank meeting June 21; $355 million credit facilities; Fifth Third on term loan, PNC on revolver; $290 million seven-year first-lien term loan; $65 million ABL revolver; help fund buyout by Brightstar Capital Partners; King of Prussia, Pa.-based provider of turnkey solutions, including engineering, installation, fulfillment and program management, to the telecommunications and power sectors.

Upcoming Closings

ALBERTSONS COS. LLC: $1.5 billion five-year asset-based last-out term loan (Ba2/BB-) at Libor plus 300 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Bank of America, Credit Suisse, Goldman Sachs, Morgan Stanley, Barclays, Deutsche Bank, RBC, Wells Fargo and MUFG; help fund merger with Rite Aid Corp.; Boise, Idaho, food and drug retailer.

ALERIS INTERNATIONAL INC.: Expected closing June 25; $1.1 billion covenant-light first-lien term loan (B3/B-) due February 2023 at Libor plus 475 bps, 0% Libor floor, OID 99, 101 soft call; Deutsche Bank, Credit Suisse, Bank of America, Barclays and JPMorgan; redeem notes; Cleveland-based manufacturer and seller of aluminum rolled products.

ALLIANCE HEALTHCARE SERVICES INC.: $100 million add-on term loan talked at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call through October; JPMorgan; fund the acquisition of e+CancerCare from Kohlberg & Co. LLC and refinance existing debt; Irvine, Calif., provider of advanced outpatient diagnostic imaging and radiation therapy service.

AOC/ALIANCYS (COMPOSITE RESINS HOLDING BV): $500 million seven-year senior secured covenant-light term B talked at Libor plus 375 bps to 400 bps, 25 bps step-down at 3x net leverage, 1% Libor floor, OID 99.5, 101 soft call for six months; Citigroup, Barclays, Deutsche Bank, Rabobank and Jefferies; fund acquisition of AOC LLC by CVC Capital Partners and merger of AOC with a portion of the Aliancys company, and refinance existing debt; manufacturer of resins.

ARDENT HEALTH PARTNERS LLC: $1.05 billion credit facilities; Barclays, Jefferies and Bank of America; $225 million five-year ABL revolver; $825 million seven-year first-lien term loan (B1/B) at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; help refinance existing debt; Nashville, Tenn., owner and operator of hospitals.

ASURION LLC: $3.75 billion in term loans; Bank of America, Morgan Stanley, Goldman Sachs, Barclays, Credit Suisse and Deutsche Bank; $2.25 billion covenant-light first-lien term B-7 (B+) due November 2024 talked at Libor plus 300 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $1.5 billion add-on covenant-light second-lien term loan (B-) due Aug. 4, 2025 talked at Libor plus 675 bps, 0% Libor floor, OID 99 to 99.5, call protection 102, 101; fund a share repurchase/return of capital; Nashville-based provider of technology protection services.

AVEANNA HEALTHCARE LLC: $221 million in term loans (B2/B-); Barclays and BMO; $171 million incremental first-lien term B talked at Libor plus 525 bps, 1% Libor floor, OID 98, 101 soft call for six months; $50 million first-lien delayed-draw term B talked at Libor plus 525 bps, 1% Libor floor, OID 98; fund acquisition of Premier Healthcare Services LLC; Atlanta-based pediatric home health care company.

BBB INDUSTRIES LLC (GC EOS BUYER INC.): $900 million credit facilities; UBS; $100 million ABL revolver; $620 million seven-year covenant-light first-lien term loan talked at Libor plus 400 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $180 million eight-year covenant-light second-lien term loan talked at Libor plus 825 bps, 0% Libor floor, OID 99, call protection 102, 101; help fund buyout by Genstar Capital; Daphne, Ala., remanufacturer of automotive products.

BEAVER-VISITEC: $297.7 million covenant-light term B due August 2023 talked at Libor plus 400 bps to 425 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; UBS; repricing; Waltham, Mass., developer, manufacturer and marketer of specialized surgical devices for the ophthalmic marketplace.

BIG ASS SOLUTIONS (BIG ASS FANS LLC): $249 million first-lien term loan (B2/B) due May 21, 2024 talked at Libor plus 350 bps to 375 bps, 1% Libor floor, 101 soft call for six months; Credit Suisse; repricing; Lexington, Ky., producer of high volume, low speed and connected fans.

BMC SOFTWARE: $4.775 billion equivalent credit facilities (B2/B); Credit Suisse, Goldman Sachs, Jefferies, KKR, Macquarie, Mizuho and Barclays; $400 million five-year revolver, 0% Libor floor; $3.375 billion seven-year term B talked at Libor plus 350 bps to 375 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; €855 million ($1 billion equivalent) seven-year term B talked at Euribor plus 400 bps to 425 bps, 0% floor, OID 99.5, 101 soft call for six months; help fund buyout by KKR from investor group led by Bain Capital Private Equity and Golden Gate Capital; Houston-based provider of software solutions for the digital enterprise.

CIRQUE DU SOLEIL CANADA INC.: $95 million add-on first-lien term loan (B+) talked at Libor plus 375 bps, 1% Libor floor, OID 99.125 to 99.25; RBC; fund acquisition of VStar Entertainment Group; Montreal-based producer of live artistic entertainment.

CONDUENT BUSINESS SERVICES LLC: Expected closing late June; $2.318 billion credit facilities; Citigroup; $750 million revolver due Dec. 7, 2022 talked at Libor plus 175 bps; $728 million term A (of which $314 million is denominated in euros) due Dec. 7, 2022 talked at Libor/Euribor plus 175 bps; $840 million term B due Dec. 7, 2023 talked at Libor plus 225 bps to 250 bps, 0% Libor floor, 101 soft call for six months; repricing and extension of revolver and term A; Florham Park, N.J., provider of business process services with expertise in transaction-intensive processing, analytics and automation.

DHANANI GROUP INC.: $420 million seven-year covenant-light term B (B2/B) talked at Libor plus 325 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Wells Fargo; refinance existing debt, help fund proposed tuck-in acquisitions and general corporate purposes; Burger King, Popeyes and La Madeleine franchisee.

DMT SOLUTIONS GLOBAL CORP.: $260 million seven-year covenant-light first-lien term loan (B3/B-) talked at Libor plus 575 bps to 600 bps, 0% Libor floor, OID 99, 101 soft call; Deutsche Bank, Bank of America, Goldman Sachs and KeyBanc; help fund buyout by Platinum Equity from Pitney Bowes Inc.; provider of global enterprise solutions for mail inserting, parcel sorting and printing equipment and services.

DXP ENTERPRISES INC.: $248.8 million senior secured term loan due August 2023 talked at Libor plus 450 bps to 475 bps, 1% Libor floor, 101 soft call for six months; Goldman Sachs; repricing; Houston-based provider of maintenance, repair, operating products, equipment and services to industrial customers.

EDELMAN FINANCIAL CENTER LLC: $2.055 billion credit facilities; Morgan Stanley (left on first-lien), JPMorgan (left on second-lien), Barclays, Deutsche Bank and UBS; $150 million revolver (B1/B); $1.41 billion seven-year covenant-light first-lien term B (B1/B) talked at Libor plus 325 bps, 25 bps step-down at 0.5x inside closing first-lien secured leverage, 0% Libor floor, OID 99.5, 101 soft call for six months; $495 million eight-year covenant-light second-lien term loan (Caa1/CCC+) talked at Libor plus 700 bps, 0% Libor floor, OID 99, call protection 102, 101; help fund acquisition of Financial Engines Inc.; financial planning firm.

EDWARD DON & CO. LLC: $210 million seven-year covenant-light term B (B3/B) talked at Libor plus 400 bps to 425 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; Wells Fargo; pay down ABL borrowings and refinance existing term loan; Woodridge, Ill., distributor of foodservice equipment and supplies.

ELECTRICAL COMPONENTS INTERNATIONAL INC.: $795 million credit facilities; Barclays, Credit Suisse, Goldman Sachs, RBC, Bank of America and Jefferies; $100 million five-year revolver (B1/B); $570 million seven-year first-lien term loan (B1/B) talked at Libor plus 375 bps to 400 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $125 million eight-year second-lien term loan (Caa1/CCC+) talked at Libor plus 775 bps to 800 bps, 0% Libor floor, OID 99, call protection 102, 101; help fund buyout by Cerberus Capital Management LP from KPS Capital Partners LP; St. Louis-based manufacturer of wire harnesses, control boxes, and value-added assembly services for consumer appliance and specialty-industrial applications.

ENERGIZER HOLDINGS INC.: $1.6 billion senior secured credit facilities (Ba1/BB+); JPMorgan and Barclays; $400 million revolver; $200 million term A; $1 billion seven-year term B talked at Libor plus 250 bps, 0% Libor floor, OID 99.5 to 99.75, 101 soft call for six months; help fund acquisition of Spectrum Brands’ Global Battery and Portable Lighting Business, refinance existing credit facility and provide working capital; St. Louis-based manufacturer of primary batteries and portable lighting products.

EPICOR SOFTWARE CORP.: $75 million incremental first-lien term loan talked at Libor plus 325 bps, 0% Libor floor, OID 99.75; Jefferies and KKR; pay down second-lien term loan; Austin, Texas, provider of enterprise business software services.

EXELA INTERMEDIATE LLC: $346 million term B (B3/B) talked at Libor plus 650 bps, 1% Libor floor, 101 soft call for six months; RBC; repricing; Irving, Texas, business process automation company.

FIRSTLIGHT FIBER (FLIGHT BIDCO INC.): $560 million credit facilities; UBS, TD Securities, Jefferies, Credit Agricole, Natixis and RBC; $55 million five-year revolver (B2/B-); $415 million seven-year first-lien term B (B2/B-) at Libor plus 350 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $90 million eight-year second-lien term loan (Caa2/CCC) at Libor plus 750 bps, 0% Libor floor, OID 99, call protection 102, 101; help fund buyout by Antin Infrastructure Partners from Oak Hill Capital Partners IV; Albany, N.Y., fiber-optic bandwidth infrastructure services provider.

FLYNN RESTAURANT GROUP LP: $500 million in term loans; Bank of America; $400 million seven-year covenant-light first-lien term loan (B2/B) talked at Libor plus 325 bps area, 0% Libor floor, OID 99.5, 101 soft call for six months; $100 million eight-year covenant-light second-lien term loan (Caa2/CCC+) talked at Libor plus 675 bps to 700 bps, 0% Libor floor, OID 99, call protection 102, 101; refinance existing credit facilities at Bell American and Pan American into a combined structure, repay subordinated debt, and fund cash to the balance sheet for future acquisitions and general corporate purposes; San Francisco-based restaurant franchisee operator.

FOCUS FINANCIAL PARTNERS LLC: $953 million in term loans; RBC and SunTrust; $803 million covenant-light term B due July 2024 talked at Libor plus 225 bps, 0% Libor floor, 101 soft call for six months; $150 million delayed-draw term B talked at Libor plus 225 bps, 0% Libor floor, OID 99.75 to par; refinance capital structure; New York-based partnership of independent, fiduciary wealth-management firms.

FORTRESS INVESTMENT GROUP (FINCO I LLC): Expected closing June 28; $1.2 billion covenant-light term B (Baa3/BB/BB) due Dec. 27, 2022 at Libor plus 200 bps, 0% Libor floor, 101 soft call for six months; Deutsche Bank; repricing; New York-based alternative asset management firm.

GGP INC.: $7 billion senior secured credit facilities (Ba3); Morgan Stanley, Wells Fargo, Deutsche Bank, RBC, Bank of America, Barclays, HSBC, Sumitomo Mitsui and TD Securities; $1.5 billion revolver; $1.5 billion term A-1; $2 billion term A-2; $2 billion seven-year covenant-light term B at Libor plus 250 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; fund acquisition of all outstanding shares of common stock by Brookfield Property Partners LP; Chicago-based owner, manager, leaser and redeveloper of high-quality retail properties.

GLOBALFOUNDRIES: $2.1 billion seven-year term loan talked at Libor plus 275 bps to 300 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; JPMorgan; refinance existing debt and general corporate purposes; full-service semiconductor foundry.

GOODPACK (IBC CAPITAL LTD.): Expected closing late June; $765 million in senior secured term loans; Morgan Stanley (left on first-lien), Credit Suisse (left on second-lien), KKR and Goldman Sachs; $610 million five-year covenant-light first-lien term B (B) at Libor plus 375 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; $155 million six-year covenant-light second-lien term loan (CCC+) at Libor plus 700 bps, 0% Libor floor, OID 99.5, 101 hard call; refinance existing debt and pay down revolver borrowings; Singapore-based operator of a fleet of nestable and collapsible intermediate bulk containers.

GPS HOSPITALITY: $405 million credit facilities; UBS; $65 million revolver; $340 million seven-year first-lien term loan talked at Libor plus 475 bps, OID 99.5, 101 soft call for six months; refinance existing debt; Atlanta-based Burger King and Popeyes Louisiana Kitchen franchisee.

HALO BRANDED SOLUTIONS: $420 million credit facilities; Antares, SunTrust, Citizens and KKR; $50 million revolver (B1/B) due 2023; $205 million first-lien term loan (B1/B) due 2025 talked at Libor plus 375 bps to 400 bps, 0% Libor floor, OID 99.5; $90 million delayed-draw first-lien term loan (B1/B) due 2025 talked at Libor plus 375 bps to 400 bps, 0% Libor floor, OID 99.5; $75 million second-lien term loan (Caa1/CCC+) due 2026 talked at Libor plus 800 bps, 0% Libor floor, OID 99; help fund buyout by TPG Growth; Sterling, Ill., marketing services platform that distributes promotional products and provides employee recognition services.

HIRERIGHT (GENUINE FINANCIAL HOLDINGS LLC): $1.05 billion in term loans; Bank of America (left on first-lien), Credit Suisse (left on second-lien) and Citizens; $835 million seven-year covenant-light first-lien term loan (B2/B) talked at Libor plus 350 bps to 375 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $215 million eight-year covenant-light second-lien term loan (Caa2/CCC+) talked at Libor plus 725 bps, 0% Libor floor, OID 99, call protection 102, 101; help fund merger with General Information Services; provider of background screening and talent acquisition services.

INFINITE ELECTRONICS INC.: $775 million of credit facilities; Antares, Golub and Ares; $35 million five-year revolver talked at Libor plus 400 bps, 0% Libor floor; $570 million seven-year first-lien term loan (including about $108 million incremental) talked at Libor plus 400 bps, 1% Libor floor, OID 99.5 on incremental, 101 soft call for six months; $170 million privately placed second-lien term loan; dividend recapitalization; Irvine, Calif., provider of engineering-grade RF, wired and wireless connectivity components and assemblies.

INVENERGY THERMAL OPERATING I LLC: $350 million seven-year first-lien term loan (Ba2/BB) talked at Libor plus 375 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Credit Suisse; refinance existing debt; Chicago-based operator of power generation facilities.

ION TRADING FINANCE LTD.: $2.1 billion equivalent senior secured incremental covenant-light first-lien term loan ($1.32 billion U.S. and €670 million euro) (B) at Libor plus 400 bps/Euribor plus 325 bps, 1% floor, OID 99.75, 101 soft call for six months; UBS; help fund acquisition of Fidessa Group plc; also increasing pricing on existing term loans to match incremental pricing; software provider of trading, treasury and workflow solutions.

ISTAR INC.: $650 million term loan (BB-) due June 2023 talked at Libor plus 250 bps to 275 bps, 0% Libor floor, OID 99.875, 101 soft call for six months; JPMorgan, Barclays, Bank of America and Morgan Stanley; refinance existing term loan and redeem some notes; New York-based investor and developer of real estate and real estate related projects.

KEPRO (KEYSTONE PEER REVIEW ORGANIZATION INC.): $27.5 million add-on first-lien term loan due May 2024 talked at Libor plus 525 bps, 1% Libor floor, OID 99.5; RBC; fund an acquisition; Harrisburg, Pa., quality improvement and care management organization.

KINDRED AT HOME: $2.675 billion in term loans; JPMorgan, Morgan Stanley, Citigroup, Goldman Sachs, Bank of America, Capital One, RBC and Wells Fargo; $1.35 billion seven-year first-lien term loan (B1/B) talked at Libor plus 325 bps to 350 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $850 million seven-year first-lien delayed-draw term loan (B1/B) talked at Libor plus 325 bps to 350 bps, 0% Libor floor, OID 99.5; $475 million eight-year second-lien term loan (Caa1/CCC+) talked at Libor plus 725 bps to 750 bps, 0% Libor floor, OID 99, call protection 102, 101; help fund buyout by TPG Capital, Welsh, Carson, Anderson & Stowe and Humana Inc., and subsequent acquisition/merger with Curo Health Services; home health, hospice and community care company.

KINDRED HEALTHCARE: $860 million credit facilities; JPMorgan, Morgan Stanley, Citigroup, Goldman Sachs, Bank of America, Capital One, RBC and Wells Fargo; $410 million seven-year term B (B3/B+) talked at Libor plus 425 bps to 450 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $450 million asset-based loan facility; help fund buyout by TPG Capital and Welsh, Carson, Anderson & Stowe; specialty hospital company.

LIFESCAN GLOBAL CORP.: $1.75 billion in term loans; Bank of America, Deutsche Bank, Goldman Sachs, Jefferies, Credit Suisse, Barclays and RBC; $1.475 billion six-year covenant-light first-lien term loan (B2/B+) at Libor plus 600 bps, 0% Libor floor, OID 97, 101 soft call; $275 million seven-year covenant-light second-lien term loan (Caa1/B) at Libor plus 950 bps, 0% Libor floor, OID 96, non-call one, 102, 101; fund buyout by Platinum Equity from Johnson & Johnson; marketer of blood glucose monitoring products with headquarters in Chesterbrook, Pa., and Zug, Switzerland.

MEDPLAST HOLDINGS INC.: $795 million senior secured credit facilities; RBC, Jefferies, KeyBanc and Citizens; $70 million five-year revolver (B); $500 million seven-year covenant-light first-lien term loan (B) talked at Libor plus 400 bps to 425 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $225 million eight-year covenant-light second-lien term loan (CCC+) talked at Libor plus 800 bps to 825 bps, 0% Libor floor, OID 99, call protection 102, 101; fund acquisition of Integer Holdings Corp.’s Advanced Surgical and Orthopedics product lines; Tempe, Ariz., services provider to the medical device industry.

MERIDIANLINK INC./CRIF LENDING SOLUTIONS: $475 million credit facilities; Antares and Golub; $35 million five-year revolver (B2/B/BB) talked at Libor plus 325 bps, 0% Libor floor; $315 million seven-year covenant-light first-lien term loan (B2/B/BB) talked at Libor plus 350 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $125 million eight-year privately placed second-lien term loan; help fund buyout by Thoma Bravo LLC; provide mission-critical software platforms that allow financial institutions to automate loan and deposit origination workflows, improve loan decisioning, and access data services providers.

METRO-GOLDWYN-MAYER INC.: $900 million in term loans; JPMorgan; $400 million seven-year first-lien term loan (Ba2/BB) talked at Libor plus 225 bps to 250 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $500 million second-lien term loan (B2/B-) talked at Libor plus 450 bps, 1% Libor floor, OID 99 to 99.5, call protection 102, 101; refinance existing bank debt and general corporate purposes; Beverly Hills, Calif., media company.

MHS HOLDINGS INC.: Expected closing late June; $120 million add-on term B due May 1, 2024 at Libor plus 500 bps, 1% Libor floor, OID 99.75, 101 soft call through Nov. 15, 2018; RBC; fund an acquisition; Louisville, Ky., provider of e-commerce infrastructure.

MIDCOAST (AL MIDCOAST HOLDINGS LLC): $600 million seven-year first-lien term B talked at Libor plus 500 bps, 0% Libor floor, OID 99, 101 soft call for six months; Credit Suisse, Barclays and MUFG; fund buyout by ArcLight Capital Partners LLC from Enbridge Inc.; provider of natural gas and natural gas liquids services.

NEXT LEVEL APPAREL (YS GARMENTS INC.): $380 million credit facilities (B2/B); BNP Paribas; $50 million revolver; $330 million term loan talked at Libor plus 400 bps to 425 bps, 1% Libor floor, OID 99; help fund buyout by Blue Point Capital Partners; Gardena, Calif., apparel company.

NOMAD FOODS LTD.: $300 million incremental first-lien term loan due May 2024 at Libor plus 225 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; Credit Suisse, Goldman Sachs, Deutsche Bank and UBS; help fund the acquisition of Aunt Bessie’s Ltd. from William Jackson & Son Ltd. and general corporate purposes; U.K.-based frozen foods company.

NOVOLEX (FLEX ACQUISITION CO. INC.): $1.3 billion seven-year incremental first-lien term loan (B1/B) talked at Libor plus 325 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Credit Suisse, JPMorgan, Deutsche Bank, Jefferies, Goldman Sachs, Citigroup and Morgan Stanley; fund acquisition of The Waddington Group from Newell Brands Inc.; Hartsville, S.C., packaging company.

OCWEN FINANCIAL CORP.: $350 million six-year senior secured term B (B3/B+) talked at Libor plus 450 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; Barclays; refinance existing senior secured term loan and fund cash to the balance sheet for general corporate purposes; West Palm Beach, Fla., non-bank mortgage servicer and originator.

OECONNECTION LLC: $300 million term loan talked at Libor plus 350 bps, 1% Libor floor; Antares; amendment and repricing; Richfield, Ohio, provider of SaaS solutions that help drive genuine OE parts sales and services across the automotive system.

PLANTRONICS: Expected closing July 2; $1.375 billion secured credit facilities (Ba1/BB); Wells Fargo; $100 million revolver; $1.275 billion seven-year covenant-light term B at Libor plus 250 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; help fund acquisition of Polycom, refinance existing debt and general corporate purposes; Santa Cruz, Calif., audio communications company.

POWERSCHOOL GROUP LLC: $1.26 billion credit facilities; Barclays (left on first-lien), Credit Suisse (left on second-lien), Macquarie, Ares, Golub and Jefferies; $120 million five-year revolver (B2/B-); $775 million seven-year first-lien term loan (B2/B-) at Libor plus 325 bps, step-down to Libor plus 300 bps at first-lien net leverage of 4.25x, 0% Libor floor, OID 99.75, 101 soft call for six months; $365 million privately placed eight-year second-lien term loan (Caa2/CCC) at Libor plus 675 bps, 0% Libor floor, OID 99, call protection 102, 101; help fund buyout by Onex Corp. and Vista Equity Partners; Folsom, Calif., education technology platform for K-12 schools.

PREGIS LLC: $190 million in term loans; Barclays and Goldman Sachs; $90 million incremental term loan due May 20, 2021 (B2) talked at Libor plus 350 bps, 1% Libor floor, OID 99.5 to 99.75; $100 million pre placed second-lien term loan; fund acquisition of FP International; Deerfield, Ill., protective packaging materials and systems manufacturer.

RADIOLOGY PARTNERS INC.: $1.365 billion senior secured credit facilities; Barclays, Golub and Deutsche Bank; $150 million revolver (B2/B); $680 million first-lien term loan (B2/B) talked at Libor plus 325 bps to 350 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $100 million first-lien delayed-draw term loan-1 (B2/B) talked at Libor plus 325 bps to 350 bps, 0% Libor floor, OID 99.5; $120 million privately placed first-lien delayed-draw term loan-2 (B2/B) talked at Libor plus 325 bps to 350 bps, 0% Libor floor, OID 99.5; $240 million second-lien term loan (Caa2/CCC+) talked at Libor plus 725 bps, 0% Libor floor, OID 99, call protection 102, 101; $75 million second-lien delayed-draw term loan (Caa2/CCC+) talked at Libor plus 725 bps, 0% Libor floor, OID 99; refinance existing debt and general corporate purposes; El Segundo, Calif., radiology physician practice management company.

REECE GROUP: $1.14 billion seven-year term B (Ba1/BB+) at Libor plus 200 bps, 0% Libor floor, OID 99.75, 101 soft call; JPMorgan; help fund acquisition of Morsco from Advent International; Australia-based provider of plumbing, HVAC and waterworks products.

RYMAN HOSPITALITY PROPERTIES INC. (RHP HOTEL PROPERTIES LP): $495 million covenant-light term B (Ba3/BB) due May 11, 2024 talked at Libor plus 200 bps, step-down to Libor plus 175 bps when the corporate family rating is Ba3/BB-, 0% Libor floor, 101 soft call for six months; repricing; Nashville-based real estate investment trust specializing in group-oriented, destination hotel assets in urban and resort markets.

SAVAGE ENTERPRISES LLC: $1.5 billion senior secured credit facilities; Morgan Stanley, Wells Fargo, PNC and Citigroup; $400 million ABL revolver; $1.1 billion seven-year covenant-light term B (B1/B+) talked at Libor plus 325 bps to 350 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; fund purchase of Bartlett and Co.; Salt Lake City-based supply chain provider.

SCREENVISION LLC: $175 million seven-year covenant-light first-lien term loan (B1/B) talked at Libor plus 400 bps area, 0% Libor floor, OID 99.5, 101 soft call for six months; Deutsche Bank; help fund acquisition of a controlling stake by Abry Partners; New York-based provider of cinema advertising, on-screen advertising, in-lobby promotions and integrated marketing programs.

SOLENIS LLC: $1.85 billion equivalent senior secured credit facilities; Citigroup (left on first-lien), Bank of America (left on second-lien), Credit Suisse, Deutsche Bank, Natixis, RBC, Macquarie and ING; $200 million five-year multi-currency revolver (B2/B-); $815 million 5.5-year covenant-light first-lien term loan (B2/B-) at Libor plus 400 bps, two 25 bps step-ups if the combination with BASF Paper & Water doesn’t close and based on leverage, 0% Libor floor, OID 99, 101 soft call for one year or combination closes; €375 million 5.5-year covenant-light first-lien term loan (B2/B-) at Euribor plus 425 bps, two 25 bps step-ups if the combination with BASF Paper & Water doesn’t close and based on leverage, 0.5% floor, OID 99, 101 soft call for one year or combination closes; $400 million six-year covenant-light second-lien term loan (Caa1/CCC+) at Libor plus 850 bps, two 25 bps step-ups if the combination with BASF Paper & Water doesn’t close and based on leverage, 0% Libor floor, OID 97, non-call one or until combination closes, 103 for remainder of year, 102, 101; refinance existing credit facilities in preparation for combination with BASF’s paper and water chemicals business; Wilmington, Del., producer of specialty chemicals for water intensive industries.

SOUND INPATIENT PHYSICIANS HOLDINGS LLC: Expected closing June 25 week; $865 million credit facilities; Goldman Sachs (left on first-lien), Jefferies (left on second-lien), Credit Suisse and Nomura; $75 million revolver (Ba3/B); $575 million seven-year first-lien term loan (Ba3/B) at Libor plus 300 bps, 25 bps step-down at 0.5x inside closing date net first-lien leverage, 0% Libor floor, OID 99.75, 101 soft call for six months; $215 million eight-year second-lien term loan (B3/CCC+) at Libor plus 675 bps, 0% Libor floor, OID 99.5, call protection 102, 101; help fund buyout by Summit Partners and OptumHealth Holdings from Fresenius Medical Care; provider of hospital medicine and services across the acute episode of care.

ST. GEORGE’S UNIVERSITY: $885 million in term loans; Goldman Sachs, Macquarie, Credit Suisse, Morgan Stanley, Deutsche Bank and HSBC; $675 million seven-year term B talked at Libor plus 350 bps to 375 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $210 million delayed-draw term B talked at Libor plus 350 bps to 375 bps, 0% Libor floor, OID 99.5; refinance existing term B and fund an acquisition; Grenada, West Indies, educational institution providing students with medical degrees as well as veterinary and liberal arts graduate and undergraduate degrees.

STANDARD MEDIA GROUP LLC: $350 million senior secured credit facilities; RBC, Capital One and Citizens; $15 million revolver; $245 million seven-year first-lien term loan (B+/BB) talked at Libor plus 400 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $90 million eight-year second-lien term loan (CCC+/CCC+) talked at Libor plus 825 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund acquisition of nine television stations from Sinclair Broadcast Group Inc.; broadcast television company.

STARS GROUP INC.: $4.975 billion equivalent seven-year covenant-light term B (including €1 billion tranche and £400 million tranche) (B1/B+/BB) talked at Libor plus 350 bps (U.S.)/Euribor plus 350 bps (euro)/Libor plus 425 bps (GBP), 0% floor, OID 99.5, 101 soft call for six months; Deutsche Bank, Morgan Stanley, Goldman Sachs, Macquarie, Barclays, BMO and JPMorgan; help fund acquisition of Sky Betting & Gaming from CVC Capital Partners and Sky plc; Toronto-based provider of technology-based products and services in the gaming and interactive entertainment industries.

TENNECO: $4.9 billion credit facilities (Ba2/BB/BB+); JPMorgan and Barclays; $1.5 billion five-year revolver; $1.7 billion five-year term A; $1.7billion seven-year term B at Libor plus 275 bps, 25 bps step-up if corporate ratings are lower than Ba3/BB-, 0% Libor floor, OID 99, 101 soft call for six months; help fund acquisition of Federal-Mogul from Icahn Enterprises LP and refinance existing debt; Lake Forest, Ill., designer, manufacturer and marketer of ride performance and clean air products and systems for automotive and commercial vehicle original equipment markets and the aftermarket.

TRANSUNION LLC: Expected closing late June; $1.8 billion in term loans (Ba2/BB+); Deutsche Bank, RBC, Bank of America and Capital One; $800 million term A due August 2022 at Libor plus 175 bps, 0% Libor floor, OID 99.75; $1 billion seven-year covenant-light term B-4 at Libor plus 200 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; fund acquisitions of Callcredit Information Group Ltd., iovation and Healthcare Payment Specialists; Chicago-based provider of information management and risk management services.

UFINET INTERNATIONAL (ZACAPA LLC): $525 million seven-year covenant-light first-lien term loan talked at Libor plus 450 bps, 0.75% Libor floor, OID 99.5, 101 soft call for six months; Credit Suisse, UBS, Natixis, Scotia and Santander; fund acquisition by Cinven’s Sixth Cinven Fund; Madrid-based provider of fiber infrastructure and transmission services to telecom operators across 14 countries including Colombia, Panama, Guatemala and Costa Rica.

UNITED DISTRIBUTION GROUP INC.: $285 million credit facilities; Barclays; $35 million 4.5-year ABL revolver; $250 million five-year first-lien term loan (B3/B-) talked at Libor plus 550 bps, step-up to Libor plus 600 bps if net leverage is 5x and step-down to Libor plus 500 bps if net leverage is less than 4x, 0% Libor floor, OID 98.5, soft call 102, 101; refinance existing debt; Bristol, Tenn., distributor of industrial supplies and services.

US FOODS INC.: Expected closing June 22; $2.162 billion senior secured covenant-light term B (Ba3/BBB-) due June 27, 2023 at Libor plus 200 bps, 0% Libor floor, 101 soft call for six months; Citigroup, KKR, Deutsche Bank, BMO, Goldman Sachs, ING, JPMorgan, Morgan Stanley, Natixis, Rabobank, Wells Fargo and Bank of America; repricing; Chicago-based broadline foodservice distributor.

VALTRIS SPECIALTY CHEMICALS (POLYMER ADDITIVES INC.): $405 million in term loans; Deutsche Bank and RBC; $300 million seven-year covenant-light first-lien term loan (B3/B) talked at Libor plus 400 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $105 million eight-year covenant-light second-lien term loan (Caa2/CCC+) talked at Libor plus 800 bps, 0% Libor floor, OID 99, call protection 102, 101; fund the potential purchase of certain assets from Ineos and refinance existing debt; Independence, Ohio, manufacturer of specialty chemicals.

VALUE-BASED CARE SOLUTIONS: $850 million credit facilities; Goldman Sachs, Barclays and Deutsche Bank; $75 million revolver (B2/B); $600 million first-lien term loan (B2/B) talked at Libor plus 375 bps to 400 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $175 million privately placed second-lien term loan (Caa2/CCC+); help fund buyout of General Electric’s Value-Based Care Division by Veritas Capital; software provider that leverages technology and analytics to help healthcare providers effectively manage their financial, clinical and human capital workflows.

VANTIV LLC: Expected closing June 22; $6.505 billion in term loans (Ba2/BBB-); Morgan Stanley, Credit Suisse and NatWest; roughly $3.4 billion term A-5 due Jan. 16, 2023 at Libor plus 175 bps, 0% Libor floor; $650 million equivalent GBP term A-6 due Jan. 16, 2023 at Libor plus 175 bps, 0% Libor floor; $705 million covenant-light term B-3 due Oct. 14, 2023 at Libor plus 175 bps, 0% Libor floor, 101 soft call for six months; $1.75 billion covenant-light term B-4 due Aug. 20, 2024 at Libor plus 175 bps, 0% Libor floor, 101 soft call for six months; repricing; payments technology company.

VERTAFORE INC.: Expected closing July 2; $2.365 billion credit facilities; Nomura, Guggenheim and Macquarie; $100 million five-year revolver (B2/B-); $1.6 billion seven-year first-lien term B (B2/B-) at Libor plus 325 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $665 million eight-year second-lien term loan (Caa2/CCC) at Libor plus 725 bps, 0% Libor floor, OID 99, call protection 102, 101; refinance existing debt and fund a distribution to shareholders; Bothell, Wash., provider of software and information to the insurance distribution channel.

VERTEX AEROSPACE SERVICES CORP.: Expected closing late June; $330 million first-lien seven-year covenant-light term B (B2/B) at Libor plus 475 bps, 25 bps step-down at 4x net secured leverage, 0% Libor floor, OID 99.5, 101 soft call for six months; Morgan Stanley, RBC and Deutsche Bank; help fund buyout by American Industrial Partners from L3 Technologies; provider of aviation logistics services, supply chain management, and maintenance, repair and overhaul services.

VESTCOM INTERNATIONAL: $642 million in bank debt; Antares; $20 million incremental revolver (B2); roughly $430 million first-lien term B (including $90 million incremental) (B2) talked at Libor plus 375 bps, step-down to Libor plus 350 bps when total net leverage is less than 5.5x, 1% Libor floor, OID 99.5 on incremental, 101 soft call for six months; $192 million second-lien term loan (including $34 million privately placed incremental) at Libor plus 800 bps; refinance/reprice existing debt and fund a dividend; Little Rock, Ark., provider of outsourced shelf-edge information and media solutions.

WORLDWIDE EXPRESS (SMB SHIPPING LOGISTICS): $700 million in term loans; Deutsche Bank, JPMorgan, Citizens and Stifel; $500 million seven-year covenant-light first-lien term loan (B1/B-), 0% Libor floor, 101 soft call for six months; $200 million privately placed second-lien term loan (Caa2/CCC); acquire franchise owner, refinance existing debt and pay dividend to existing equityholders; Dallas-based provider of small parcel, less-than-truckload and truckload services.

YAK MAT LLC: $850 million in term loans; JPMorgan (left on first-lien), Bank of America (left on second-lien), Deutsche Bank, Goldman Sachs, Citigroup and Nomura; $650 million first-lien term B (B2/B) due 2025 talked at Libor plus 375 bps to 400 bps, 0% Libor floor, OID 99, 101 soft call for six months; $200 million second-lien term loan (Caa1/CCC+) due 2026 talked at Libor plus 775 bps to 800 bps, 0% Libor floor, OID 98.5, call protection 102, 101; fund acquisition of a 50.1% stake by Platinum Equity; East Columbia, Miss., specialty equipment leasing and logistics company focused on temporary access solutions to remote construction sites and energy infrastructure.

YOUNG INNOVATIONS INC.: $294 million funded term loan talked at Libor plus 350 bps, 25 bps step-down, 0% Libor floor, 101 soft call for six months; Jefferies; repricing; Algonquin, Ill., developer and manufacturer of consumable dental products.

On The Horizon

8POINT3 ENERGY PARTNERS LP: $1.16 billion in loans; MUFG, Massachusetts Mutual, KeyBanc and Commonwealth Bank of Australia; $1.1 billion term loan; up to $60 million letter of credit facility; help fund acquisition by Capital Dynamics Inc.; San Jose, Calif.-based owner, operator and acquirer of solar energy generation projects.

ALTRA INDUSTRIAL MOTION CORP.: $1.64 billion senior secured credit facilities; Goldman Sachs; $300 million revolver; $1.34 billion in term loans; help fund combination with four operating companies from Fortive’s Automation and Specialty platform; Braintree, Mass., designer, producer and marketer of a wide range of electromechanical power transmission and motion-control products.

BWAY HOLDING CO.: New debt financing; Bank of America, Goldman Sachs, BMO and Citigroup; help fund acquisition of Industrial Container Services from Centerbridge Partners LP; Atlanta-based manufacturer of rigid metal and plastic containers.

CISCO SERVICE PROVIDER VIDEO SOFTWARE SOLUTIONS: New debt financing; Bank of America; help fund buyout by Permira; developer and deliverer of video solutions for the Pay-TV industry.

CLEARESULT: New debt financing; Goldman Sachs, UBS, Credit Suisse and KeyBanc; help fund buyout by TPG Growth and The Rise Fund from General Atlantic; Austin, Texas, provider of energy efficiency solutions for utility companies.

COHU INC.: $350 million seven-year senior secured term B; Deutsche Bank; help fund acquisition of Xcerra Corp.; Poway, Calif., supplier of semiconductor test and inspection handlers, micro-electro mechanical system test modules, test contactors and thermal sub-systems.

CORD BLOOD REGISTRY/CALIFORNIA CRYOBANK: New debt financing; help fund buyout by GI Partners and combination of the two companies; stem cell storage and reproductive tissue services company.

DANA INC.: $250 million incremental term A; Credit Suisse, Barclays, and Citigroup; help fund acquisition of the Driveline division of GKN plc to create Dana plc; supplier of drivetrain, sealing and thermal-management technologies.

DEL FRISCO’S RESTAURANT GROUP INC.: $440 million senior secured credit facilities; JPMorgan and Citizens; $50 million revolver; $390 million term loan; fund acquisition of Barteca Restaurant Group; Irving, Texas, restaurant company.

ENVISION HEALTHCARE CORP.: New debt financing; Credit Suisse, Citigroup, Morgan Stanley, Barclays, Goldman Sachs, Jefferies, UBS, RBC, HSBC, Mizuho and KKR; help fund buyout by KKR; Nashville, Tenn., provider of physician-led services and post-acute care, and ambulatory surgery services.

INTERFACE INC.: $465 million senior secured incremental term loan due Aug. 8, 2022; Bank of America; help fund acquisition of nora systems from Intermediate Capital Group; Atlanta-based commercial flooring company.

LUMENTUM HOLDINGS INC.: $550 million seven-year senior secured covenant-light term B expected at Libor plus 250 bps, 25 bps step-down at 0.5 times inside closing first-lien net leverage, 0% Libor floor, OID 99.5, 101 soft call for six months; Deutsche Bank; help fund acquisition of Oclaro Inc.; Milpitas, Calif., provider of photonics products for optical networking and lasers for industrial and consumer markets.

MITEL: $1.48 billion senior secured credit facilities; Credit Suisse, BMO and TD Securities; $100 million revolver; $1.02 billion first-lien term loan; $360 million second-lien term loan; help fund buyout by Searchlight Capital Partners LP; Ottawa-based provider of communications software solutions.

PCI GAMING AUTHORITY (WIND CREEK HOSPITALITY): New debt financing; Credit Suisse; help fund acquisition of Sands Casino Resort in Bethlehem, Pa., from Las Vegas Sands Corp.; owner and operator of gaming and entertainment facilities.

PENN NATIONAL GAMING INC.: $1.14 billion in incremental senior secured term loans; Bank of America, Goldman Sachs, Fifth Third, U.S. Bank, Wells Fargo, Citizens, SunTrust and TD Securities; $387.2 million incremental term A; $752.8 million incremental term B; help fund acquisition of Pinnacle Entertainment Inc.; Wyomissing, Pa., owner and manager of gaming and racing facilities and video gaming terminal operations.

POLARIS INDUSTRIES INC.: Bank debt; help fund acquisition of Boat Holdings LLC; Medina, Minn., powersports company.

SI GROUP: New debt financing; JPMorgan, HSBC, Deutsche Bank and Bank of America; help fund buyout by SK Capital Partners from descendants of W. Howard Wright and combination with Addivant; Schenectady, N.Y., developer and manufacturer of performance additives and intermediates.

THOMSON REUTERS’ FINANCIAL & RISK: New debt financing; JPMorgan, Bank of America and Citigroup; help fund acquisition of a 55% stake by Blackstone, Canada Pension Plan Investment Board and GIC; data and financial technology platform.

T-MOBILE USA INC.: $11 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 on revolver; Barclays, Credit Suisse, Deutsche Bank, Goldman Sachs, Morgan Stanley and RBC on term loan; $4 billion five-year revolver expected at Libor plus 125 bps, 0% Libor floor; $7 billion seven-year covenant-light 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.

VERIFONE SYSTEMS INC.: $2.2 billion senior secured credit facilities; Credit Suisse, Barclays and RBC; $250 million revolver; $1.95 billion term loan; help fund buyout by investor group led Francisco Partners; San Jose, Calif., company that makes secure electronic payment equipment.

VETCOR GROUP HOLDINGS CORP.: New first-and second-lien debt; Jefferies and Golub; help fund recapitalization led by Oak Hill Capital Partners; Hingham, Mass., owner and operator of veterinary hospitals.

VETS FIRST CORP.: New debt financing; fund a special dividend in connection with spinoff of animal health business from Henry Schein Inc. and merger with Vets First Choice; animal health service and technology platform dedicated to supporting the veterinary market.

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