High Yield Calendar: $1.17 billion deals being marketed

April 22 Week

BUENA VISTA GAMING AUTHORITY: $220 million eight-year senior secured notes; Credit Suisse Securities (USA) LLC, BofA Merrill Lynch (joint); Rule 144A and Regulation S for life; callable in four years at par plus 50% of the coupon; annual mandatory redemption offer of 50% of available funds starting at 103; 101% poison put; to fund construction of the Buenavue Casino; Ione, Calif.-based tribal gaming firm; roadshow started April 17; pricing April 22 week.

ERICKSON AIR-CRANE INC.: $400 million second-priority senior secured notes due 2020 (/B/); Deutsche Bank Securities Inc. (left books), Wells Fargo Securities LLC (joint books), Stifel Nicholas, Imperial Capital (co's); Rule 144A and Regulation S with registration rights; callable in three years at par plus 75% of the coupon; special call for 10% of the notes annually during the non-call period; to fund the acquisitions of Evergreen Helicopters, Inc. and Air Amazonia, and refinance debt; Portland, Ore.-based provider of helicopter lift services; roadshow through April 24, pricing thereafter; price talk 8¼% area.

CST BRANDS, INC.: $550 million senior notes due 2023; Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Wells Fargo Securities LLC, Mitsubishi UFJ, RBC Capital Markets, RBS Securities; Rule 144A and Regulation S with registration rights; non-callable for five years; three-year 35% equity clawback; 101% poison put; to fund a distribution to Valero Energy Corp. as part of a tax-free spinoff of Valero's retail business; San Antonio-based independent North American retailer of transportation fuels and convenience merchandise; roadshow April 22 week.

DRIVETIME AUTOMOTIVE GROUP, INC and DT ACCEPTANCE CORP.: $50 million add-on to existing 12 5/8% notes due 2017; investor call scheduled for April 23; Jefferies & Co., Wells Fargo Securities LLC are joint bookrunners; Rule 144A and Regulation S with registration rights; proceeds to repay portion of the company's outstanding warehouse facilities; notes will be fungible upon registration; original $200 million priced on May 27, 2010 at 98.854 to yield 12 7/8%; Phoenix-based used vehicle retailer; pricing expected mid-April 22 week.

On The Horizon

DELL INC. $3.25 billion secured notes: $2 billion first-lien notes and $1.25 billion second-lien notes; also $7.5 billion credit facility; BofA Merrill Lynch, Barclays, Credit Suisse Securities (USA) LLC, RBC Capital Markets; to help fund the acquisition of the company by Michael Dell and Silver Lake, expected to close at the end of the second quarter of 2013; Round Rock, Texas-based provider of technology and business products and services.

FTS INTERNATIONAL, INC.: $400 million secured notes to repay term loan; company is soliciting consents from holders of its 7 1/8% notes due 2018 to amendments to the indenture governing the notes, BofA Merrill Lynch and Citigroup Global Markets Inc. are the solicitation agents; provider of well completion services for the oil and gas industry with corporate offices in Fort Worth and Cisco, Texas.

GARDNER DENVER INC.: New senior notes backed by a bridge loan; Deutsche Bank Securities Inc., UBS Securities LLC, Barclays, Citigroup Global Markets Inc., RBC Capital Markets, Mizuho Corporate Bank Ltd., KKR Capital Markets; to help fund its purchase by Kohlberg Kravis Roberts & Co. LP, expected to close in the third quarter of 2013; Wayne, Pa.-based manufacturer of industrial compressors, blowers, pumps, loading arms and fuel systems.

GETCO HOLDING CO. LLC: $550 million second-lien notes and $470 million credit facility being led by Jefferies Finance LLC; to fund the merger with Knight Capital Group Inc., expected to close during the second quarter of 2013; Getco is a Chicago-based buyer and seller of securities.

GESTAMP AUTOMOCION SA: €750 million equivalent note offering due 2020; dollar- and euro-denominated tranches issued by Gestamp Funding Luxembourg SA; notes will be non-callable for three years; Deutsche Bank Securities Inc.; Abadino, Spain-based company manufactures metal components and structural systems for the automotive industry.

GLOBALIVE WIRELESS MANAGEMENT CORP.: Up to $1 billion equivalent in U.S. dollar- and Canadian dollar-denominated notes; Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC, BMO Capital Markets Corp.; Rule 144A; to fund expansion of its wireless network and for general corporate purposes; Toronto-based wireless communications services provider.

GREENFIELD ETHANOL INC.: C$175 million of five-year senior second-lien notes (/B+//DBRS: B); Scotia Capital Inc. (lead); Macquarie Capital Markets Canada Ltd., Societe Generale (Canada) and TD Securities Inc. (co-managers); non-callable for three years, 101% change-of-control put; equity clawback for up to 35% in first three years; Canada call at 50 bps over Canadian government benchmark; guarantors GreenField Ethanol (Johnstown) Inc.; GreenField Ethanol (Hensall) Inc.; GreenField Hensall LP; GreenField Hensall GP Inc.; Pharmco Products Inc.; Aaper Alcohol and Chemical Co., Aaper Holdings Inc.; GreenField Ethanol of Quebec Inc. and all future restricted subsidiaries of GreenField.; proceeds to repay debt, to terminate existing interest rate swap agreements and for general corporate purposes; Ontario-based GreenField Ethanol is Canada's largest ethanol company.

KCA DEUTAG FINANCE PLC: $860 million seven-year senior secured notes (expected ratings B3/B); J.P. Morgan Securities LLC, BofA Merrill Lynch, HSBC, Lloyds TSB, Morgan Stanley & Co. (joint); Rule 144A and Regulation S for life; callable in three years at par plus 75% of the coupon; to repay debt; Aberdeen, Scotland-based oil and gas services company.

M&G FINANCE CORP.: $200 million to $300 million senior secured notes due 2019 (expected B3//BB), downsized from $500 million; J.P. Morgan Securities LLC (sole); Rule 144A and Regulation S for life; non-callable (call protection increased from four years); to finance construction of new PET and PTA production facilities, pay back intercompany debt and fund working capital; Houston-based Mossi & Ghisolfi (M&G) produces polyethylene terephthalate (PET) resin for packaging applications.

MIDSTATES PETROLEUM CO., INC.: $620 million bridge loan commitment from Morgan Stanley Senior Funding, Inc. and SunTrust Robinson Humphrey, Inc.; part of the $725 million to $750 million financing backing the acquisition of oil-weighted properties in the Western Anadarko Basin in Oklahoma and Texas, expected to close on or about May 31, 2013; transaction includes $100 million to $125 million equity, with the balance coming in the form of debt (Morgan Stanley and SunTrust will also increase the company's borrowing base under its revolver); Houston-based independent exploration and production company.

NAL OIL & GAS: C$150 million to C$250 million notes; RBC Capital Markets, BMO Nesbitt Burns; Calgary, Alta., trust acquires interests in Canada's upstream conventional oil and gas industry.

NIELSEN HOLDINGS NV: $1.3 billion bridge, most or all to be taken out with high-yield bonds, to fund its acquisition of Arbitron Inc.; J.P. Morgan Securities LLC; Nielsen is a New York and Netherlands-based provider of information and insights into what consumers watch and buy; Arbitron is a Columbia, Md.-based media and marketing research firm.

PETAQUILLA MINERALS LTD.: Possible second-lien notes, size to be determined, as part of an approximately $210 million debt financing that will include between $90 million and $140 million of first-lien bank debt; Global Hunter Securities; to refinance debt and to finance capital expenditures related to the Lomero-Poyatos mine in Spain; Vancouver, B.C.-based copper exploration company; the financing was previously in the market as a single $210 million tranche of five-year senior secured notes, announced in July 2012; possible 2013 business.

PINNACLE ENTERTAINMENT INC.: $315 million senior notes and $2.73 billion credit facility in a financing led by J.P. Morgan Securities LLC and Goldman Sachs Lending Partners LLC; to fund the acquisition of Ameristar Casinos Inc., expected to close in the third quarter of 2013; Pinnacle is a Las Vegas-based casino gaming company.

PVH CORP.: $4.33 billion new debt comprised of senior notes and a credit facility; Barclays, BofA Merrill Lynch, Citigroup Global Markets Inc.; notes are backed by a bridge loan commitment; to fund the cash portion of the acquisition of Warnaco Group Inc., expected to close early in 2013, and refinance debt at both companies and provide liquidity going forward; PVH is a Bridgewater, N.J.-based apparel company.

SILVERLEAF RESORTS, INC.: $175 million senior secured notes due 2019; Deutsche Bank Securities Inc.; non-callable for three years; to pre-fund development of vacation ownership inventory, to refinance a portion of the company's existing debt, to pay a dividend to the sponsor; Dallas-based resort operator.

TDF GROUP (TELEFFUSION DE FRANCE): Euro-denominated high-yield bonds; BNP Paribas expected to be involved; to refinance debt; Paris-based multiple-platform telecommunications company.

Roadshows

Started April 17: BUENA VISTA GAMING AUTHORITY $220 million; Credit Suisse, BofA Merrill Lynch.

Through April 24: ERICKSON AIR-CRANE $400 million; Deutsche Bank, Wells Fargo.

April 22 week: CST BRANDS $550 million; Credit Suisse, JPMorgan, Wells Fargo, Mitsubishi, RBC, RBS.

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