High Yield Calendar

Total amount of dollar-denominated high-yield bond offerings being marketed: $2.44 billion

WEEK OF OCT. 20

GENESIS HEALTHCARE CORP.: $200 million senior subordinated notes due 2013 (B3/B-); Lehman Brothers, Credit Suisse First Boston, UBS Investment Bank (joint books); Goldman Sachs, Wachovia Securities; Jefferies, Legg Mason (co's); Rule 144A; non-callable for five years; to repay existing debt; Kennett Square, Pa. provider of healthcare services to the elderly; roadshow Oct. 15-23; price talk 8%-8¼%; pricing expected Thrusday.

KEYSTONE AUTOMOTIVE OPERATIONS, INC.: $175 million senior subordinated notes due 2013 (B3/B-); Banc of America Securities, UBS Investment Bank (joint); Rule 144A with registration rights; non-callable for five years; also $165 million senior credit facility; to help finance LBO of Keystone by Bain Capital; distributor of specialty automotive equipment; roadshow Oct. 14-23; price talk 9 ¾%-10%; pricing Thursday.

WEEK OF OCT. 27

ONDEO NALCO CO.: $1.8 billion equivalent in four tranches, sizes to be determined: dollar and euro senior notes due 2011 (B2/B), non-callable for four years; dollar and euro senior subordinated notes due 2013 (Caa1/B-), non-callable for five years; Citigroup, Banc of America Securities, Deutsche Bank Securities, Goldman Sachs, JP Morgan, UBS Investment Bank (joint); Rule 144A; to help fund acquisition of Nalco by Blackstone, Apollo and Goldman Sachs Partners from Suez SA; Naperville, Ill. chemical and water treatment company; European roadshow started Oct. 15, U.S. started Oct. 20; pricing expected Oct. 29.

OXFORD AUTOMOTIVE, INC.: $240 million senior secured notes due 2010 (B3); Jefferies & Co.; Rule 144A; non-callable for four years; to repay existing debt and fund working capital; Troy, Mich. supplier of specialized welded metal assemblies and related services; roadshow started Oct. 20; pricing expected Oct. 30 or 31.

NEIGHBORCARE, INC.: $225 million senior subordinated notes due 2013 (Ba3/B+); Goldman Sachs, UBS Investment Bank (joint), Lehman Brothers, JP Morgan (co's); Rule 144A; non-callable for five years; to repay a portion of the existing debt and for general corporate purposes; Kennett Square, Pa. provider of healthcare services to the elderly; roadshow Oct 21-29; pricing expected Oct. 30.

GAYLORD ENTERTAINMENT CO.: $225 million senior notes due 2013; Banc of America Securities, Deutsche Bank Securities, CIBC World Markets (joint), Citigroup, Fleet Securities (co's); Rule 144A; non-callable for five years; to repay subordinated term loan and mezzanine loan and to repay ResortQuest International, Inc. debt; Nashville hospitality and entertainment company; roadshow Oct. 20-29.

O'CHARLEY'S INC.: $125 million senior subordinated notes due 2013; Wachovia Securities; Rule 144A/Regulation S; non-callable for five years; proceeds together with proceeds from a recent sale and leaseback transaction to repay term loan and part of revolver; Nashville-based company operates restaurants in the Southeast and Midwest; roadshow begins Oct. 20 week.

NOVEMBER BUSINESS

GENERAL NUTRITION COMPANIES INC.: high yield notes and new credit facility; Lehman Brothers, JP Morgan; to help support LBO by Apollo Management LP from Royal Numico N.V.; Pittsburgh producer, marketer and seller of nutritional supplements; Nov. business.

ON THE HORIZON

JENOPTIK AG (company ratings -/BB-/BB): €100 million long-term debt; to strengthen capital base, reduce short-term debt and finance growth; Jena, Germany technology company.

QUALITY DISTRIBUTION, LLC: $125 million unsecured notes (B-); part of financing that also includes $115 million IPO of common stock via Credit Suisse First Boston, Bear Stearns, Deutsche Bank Securities and $215 million credit facility; to repay existing credit facility, redeem 12½% senior subordinated secured notes, 10% senior subordinated notes and 12% junior PIK notes; Tampa, Fla. transportation company.

RESOURCE AMERICA, INC.: $30 million of 12% senior notes due 2008; Bear Stearns and Friedman Billings Ramsey (joint); registered; callable on Aug. 1, 2006 at 106; concurrently company will offer up to $65.336 million of new notes in exchange for all outstanding 12% senior notes due 2004; Philadelphia-based oil and natural gas company.

http://www.sec.gov/Archives/edgar/data/83402/000095011603002731/s-3a.txt

LOEWS CINEPLEX THEATRES: senior subordinated notes; Rule 144A; coming with senior credit facility and IPO; IPO via Goldman Sachs, Citigroup, Credit Suisse First Boston and Merrill Lynch; to repay debt and for general corporate purposes; motion picture exhibitor headquartered in New York City.

SEAT PAGINE GIALLE: €1.2 billion bonds; to help fund €6 billion LBO by BC Partners, CVC, Investitori Associati and Permira

PINNACLE FOODS CORP.: high yield bonds; Deutsche Bank Securities, JP Morgan; also senior secured credit facility; to fund $485 million acquisition by JPMorgan Partners and C. Dean Metropoulos, from Hicks, Muse, Tate & Furst Inc.; expected to launch after Labor Day

MB TECH, INC.: high-yield non-convertible bond; to acquire the U.S. and German operating subsidiaries of Willtek, Inc. (Korea); Los Angeles-based manufacturer and distributor of satellite components.

MICHAEL FOODS, INC.: New bonds and bank loan; Banc of America Securities; to finance the LBO by Thomas H. Lee Partners.

EMERGING MARKETS CORPORATE OFFERINGS

SBERBANK: $500 million to $1 billion floating-rate loan participation notes due 2006 (Baa3/BB+); UBS Investment Bank; to finance a loan to the Savings Banks of the Russian Federation; price talk Libor plus 175-195 basis points.

PETROBRAS ENERGIA SA: $100 million (minimum) bonds due 2013 (Caa1/B-/B-); Merrill Lynch; Rule 144A/Regulation S; Argentinean energy company; local roadshow Oct. 16-17, U.S. roadshow Oct. 20-24.

INDOSAT FINANCE CO. BV: $300 million guaranteed notes due 2010 (B2/B+); ING (global coordinator and books), Barclays Capital , Goldman Sachs (books); Rule 144A/Regulation S; non-callable for five years; to repay debt raised by issuer's cellular unit; subsidiary of P.T. Indonesian Satellite Corp. Tbk; roadshow started Oct. 21.

BRASCHEMICAL: $50 million bonds due 2005; UBS Investment Bank; expected to price Oct. 20 week.

EMERGING MARKETS OFFERINGS ON THE HORIZON

KOREA EXCHANGE BANK CREDIT SERVICE CO. LTD. $100-$150 million of subordinated fixed-rate notes due 2013 (B3/CCC+) with warrants; Credit Suisse First Boston; non-callable for five years; Rule 144A/Regulation S.

PT BANK MANDIRI: up to $400 million of new debt securities; expected first quarter of 2004.

SATELLITES MEXICANOS SA DE CV: $80 million floating-rate notes.

ROADSHOWS

Started Oct. 15 in Europe: NALCO CO. $1.8 billion equivalent; Citigroup, Banc of America Securities, Deutsche Bank Securities, Goldman Sachs, JP Morgan, UBS Investment Bank; Rule 144A; 8NC4 and 10NC5

Started Oct. 16: PETROBRAS ENERGIA $100 million (minimum); Merrill Lynch; 8 and 10 year maturities.

Oct. 20-29: GAYLORD ENTERTAINMENT CO. $225 million; Banc of America Securities, Deutsche Bank Securities, CIBC World Markets; Rule 144A; 10NC5

Started Oct. 20: OXFORD AUTOMOTIVE, INC. $240 million; Jefferies & Co.; Rule 144A; 7NC4

Started Oct. 21: INDOSAT FINANCE CO. B.V. $300 million; Goldman Sachs; Barclays Capital, ING; 10-year maturity

Oct. 21-29: NEIGHBORCARE, INC. $225 million; Goldman Sachs, UBS Investment Bank; Rule 144A; 10NC5

Starts Oct. 20 week: O'CHARLEY'S INC. $125 million; Wachovia Securities; Rule 144A/Regulation S; 10NC5

RECENT SHELF FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION

G&K SERVICES, INC.: $200 million shelf filed Oct. 22 for debt securities, class A common stock and securities warrants; debt may be issued as convertibles; Minnetonka, Minn. provider of corporate uniforms and related products will use proceeds for working capital, the repayment of indebtedness, to expenditures in connection with acquisitions and for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/39648/000095013403013799/c80203sv3.htm

IVANHOE ENERGY INC.: $100 million shelf filed Oct. 17 for common shares, preferred shares, warrants and debt securities; securities may be issued as convertibles; Vancouver, B.C. oil and gas company will use proceeds for working capital and general corporate purposes.

http://www.sec.gov/Archives/edgar/data/1106935/000094523403000516/o10944fv10.htm

PEABODY ENERGY CORP.: $1.25 billion shelf filed Oct. 22 for debt securities, common stock, preferred stock, preferred stock purchase rights, warrants and units; securities may be issued as convertibles; St. Louis coal company will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/1242381/000095012303011611/y90838sv3.htm

SOUTHERN CALIFORNIA EDISON CO.: $2.5 billion shelf filed Oct. 17 for first and refunding mortgage bonds, debt securities, preferred stock and trust preferreds; includes $550 million previously registered but unsold; Rosemead, Calif. electric utility will use proceeds to redeem, repay or retire outstanding debt or other securities, to finance construction and for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/92103/000082705203000135/sces3oct03.htm

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