Dunn Paper, Henry, Beasley Broadcast Group anticipated to launch new deals next month

By Sara Rosenberg

New York, Aug. 30 – The primary calendar for September is starting to build, with Dunn Paper Inc., Henry Co. and Beasley Broadcast Group Inc. now expected to bring new deals to market during the month, joining previously announced transactions from LANDesk Software and Polycom Inc.

Dunn Paper set a bank meeting for Sept. 7 to launch a $315 million credit facility, a market source remarked.

The facility consists of a $30 million revolver, a $228 million first-lien term loan B and a $57 million second-lien term loan, with pricing still to be determined, the source added.

Henry emerged with plans to hold a bank meeting in September to launch a $360 million credit facility, split between a $40 million revolver and a $320 million term loan B, according to a market source. A specific bank meeting date is not yet available.

Beasley Broadcast Group is expected to hold the bank meeting for its $285 million credit facility in September as well, with the exact date still to be determined, a source remarked.

The facility, which was announced by the company in July, consists of a $20 million revolver and a $265 million term loan B.

LANDesk Software is scheduled to hold a bank meeting on Sept. 6 to launch new first- and second-lien term loans.

Polycom is likely going to hold a bank meeting during the second week of September to launch its $1 billion credit facility, sources previously told Prospect News.

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