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Published on 5/4/2007 in the Prospect News Bank Loan Daily.

Bank Loan Calendar: $88.814 billion deals being marketed

MAY BANK MEETINGS

AEARO TECHNOLOGIES, INC.: Bank meeting May 9; $735 million senior secured credit facility; Bank of America, Bear Stearns and Deutsche Bank; $60 million revolver (B1/B+); $475 million first-lien term B (B1/B); $200 million second-lien term loan (Caa1/CCC+); refinance existing credit facility and fund a preferred stock redemption; Indianapolis-based manufacturer and supplier of personal protective equipment and energy-absorbing products.

BOC EDWARDS: Bank meeting May 9; $715 million credit facility; Deutsche Bank, Lehman Brothers, Barclays Bank and RBS Securities; $100 million super-priority revolver (Ba1/BB+); $370 million first-lien term B (B1/BB-); $245 million second-lien PIK toggle term loan (B3/B); fund acquisition by CCMP Capital from the Linde Group; manufacturer of vacuum and semiconductor equipment.

BONTEN MEDIA GROUP LLC: New credit facility; Lehman; fund acquisition of BlueStone Television LLC, an owner and operator of television stations; Bonten is an affiliate of Diamond Castle Holdings LLC.

CLAIRE'S STORES INC.: Bank meeting May 7; $1.65 billion senior secured credit facility (B); Credit Suisse, Bear Stearns and Lehman Brothers; $1.45 billion seven-year term B; $200 million six-year revolver; help fund buyout by Apollo Management, LP; Pembroke Pines, Fla., specialty retailer offering costume jewelry and accessories.

COURTSIDE ACQUISITION (AMERICAN COMMUNITY NEWSPAPERS INC.): Bank meeting expected late May/June; $140 million senior secured credit facility; BMO Capital Markets; to fund acquisition of American Community Newspapers LLC from Spire Capital Partners, LP, Wachovia Capital Partners and senior management and for general corporate purposes; newspaper publisher.

FENDER MUSICAL INSTRUMENTS CORP.: Bank meeting May 8; $300 million credit facility; JPMorgan and Goldman Sachs, with JPMorgan left lead; $100 million ABL revolver; $200 million covenant-light term loan (B+) talked at Libor plus 250 bps; refinance existing debt; Scottsdale, Ariz., maker of instruments.

GOLDEN NUGGET INC.: $545 million senior secured credit facility; $380 million first-lien credit facility; $165 million second-lien term loan; refinance existing credit facility and help fund tender offer for 8¾% senior secured notes due 2011; Las Vegas-based resort.

NEW WORLD GAMING PARTNERS LTD.: Bank meeting expected late May; new credit facility; Bear Stearns and Royal Bank of Canada, with Bear left lead; help fund acquisition of Gateway Casinos Income Fund and Gateway Casinos Inc. by Publishing and Broadcasting Ltd. and Macquarie Bank Ltd.; Burnaby, B.C., casino operator.

RITE AID CORP.: Bank meeting May 8; $1.105 billion seven-year senior secured term loan; Citigroup; help fund acquisition of Jean Coutu Group USA Inc.; Camp Hill, Pa., national drugstore chain.

SERVICE NET SOLUTIONS LLC: Bank meeting May 8; $135 million credit facility; Goldman Sachs; $10 million revolver; $75 million term B; $50 million second-lien term loan; help fund buyout by GTCR Golder Rauner LLC; Jeffersonville, Ind., service contract and warranty company.

TELESAT: Expected May/June business; $2.179 billion credit facility; Morgan Stanley, UBS and JPMorgan, with Morgan Stanley left lead; C$500 million five-year term A at BA plus 200 bps if B1/B+, otherwise BA plus 225 bps; $1.054 billion seven-year term B at Libor plus 225 bps if B1/B+, otherwise Libor plus 250 bps; $386 million delayed-draw term B-1; $150 million delayed-draw term B-2; $150 million Canadian equivalent revolver at Libor plus 200 bps if B1/B+, otherwise Libor plus 225 bps, 50 bps commitment fee; help fund acquisition of Telesat Canada by a joint venture company formed by Loral Space & Communications Inc. and the Public Sector Pension Investment Board from BCE Inc.; Ottawa operator of telecommunications satellites.

UPCOMING CLOSINGS

ADVANCED LIGHTING TECHNOLOGIES INC.: $185 million senior secured credit facility including six-year delayed-draw loan and seven-year second-lien loan; CIT Lending Services Corp.; refinance existing credit facilities and 11% senior notes, provide working capital and fund future acquisitions; expected close in May; Solon, Ohio, designer, manufacturer and marketer of metal halide and other lighting products.

ALLIED HOLDINGS INC.: $315 million senior secured DIP that is convertible into an exit facility; Goldman Sachs; $180 million term B at Libor plus 400 bps ($25 million of which is delayed-draw with a 175 bps unused fee); $50 million synthetic letter-of-credit facility at Libor plus 400 bps; $35 million first-out revolver at Libor plus 200 bps; $50 million second-lien term loan at Libor plus 750 bps; refinance existing DIP; Decatur, Ga., distributor of new and used vehicles.

AMERICAN GAMING SYSTEMS INC.: $175 million senior secured credit facility (B3/B); UBS; $20 million five-year revolver at Libor plus 300 bps, 50 bps commitment fee; $125 million six-year first-lien term loan at Libor plus 300 bps; $30 million six-year delayed-draw first-lien term loan at Libor plus 300 bps, 100 bps unused fee for six months, half the applicable Libor interest margin thereafter; refinance existing debt and fund new business development; expected close by May 7; Simpsonville, S.C., designer, manufacturer and operator of slot machines and other games.

AMR CORP.: Repricing of term B talked at Libor plus 175 bps to 200 bps from Libor plus 325 bps; Citigroup left lead; Fort Worth, Texas, airline company.

AMSCAN HOLDINGS INC.: $575 million credit facility; Credit Suisse, Bank of America and Lehman Brothers; $150 million five-year asset-based revolver (Ba3/BB-) talked at Libor plus 125 bps, 25 bps commitment fee; $425 million six-year term B (B1/B) talked at Libor plus 250 bps; refinance existing debt; expected close in May; Elmsford, N.Y., designer, manufacturer and distributor of party goods.

ARRMAZ CUSTOM CHEMICALS INC.: $235 million amended and restated credit facility; UBS; $15 million revolver (B1/B-); $154 million first-lien term loan (B1/B-); $66 million second-lien term loan (Caa1/CCC); refinance existing term loans and provide a return of capital to existing equity holders; Mulberry, Fla., specialty chemicals manufacturer for the fertilizer asphalt and mining industries.

BAKER TANKS INC.: $235 million of incremental bank debt; Goldman Sachs and CIBC, with Goldman left lead; $200 million term B add-on at Libor plus 225 bps, step down to Libor plus 200 bps upon the earlier of an upgrade or at less than 4.5 times total leverage; $20 million revolver add-on at Libor plus 225 bps; $15 million delayed-draw term B available for one year at Libor plus 225 bps, step down to Libor plus 200 bps upon the earlier of an upgrade or at less than 4.5 times total leverage, unused fee of 100 bps; dividend recapitalization; Seal Beach, Calif., liquid and solid containment equipment rental and leasing company.

BEARINGPOINT INC.: $400 million five-year senior secured credit facility; UBS; $250 million term loan talked at Libor plus 400 bps; $150 million synthetic letter-of-credit facility talked at Libor plus 400 bps; general corporate purposes; expected close around mid-May; McLean, Va., management consulting, systems integration and managed services firm.

BENCHMARK MEDICAL INC.: $135 million credit facility; General Electric Capital Corp.; $20 million revolver talked at Libor plus 350 bps; $80 million first-lien term loan talked at Libor plus 350 bps; $35 million second-lien term loan talked at Libor plus 700 bps, call protection 102, 101; refinance existing debt; Malvern, Pa., provider of outpatient physical rehabilitation services.

BOISE CASCADE LLC: $725 million of term debt with only incurrence covenants (Ba2/BB); JPMorgan and Lehman; $200 million delayed-draw term loan talked at Libor plus 150 bps, 50 bps ticking fee; $525 million funded term loan talked at Libor plus 150 bps; refinance existing debt; Boise, Idaho, paper and wood products manufacturing and building materials distribution business.

BOYD GAMING CORP.: $4 billion revolver at Libor plus 100 bps; Bank of America, Citigroup, Deutsche Bank, JPMorgan, Merrill Lynch, Wachovia and Wells Fargo; finance development initiatives, reduce interest costs and provide greater financial flexibility; Las Vegas-based gaming company.

BUCYRUS INTERNATIONAL INC.: $1.29 billion credit facility (Ba3/BB-); Lehman; $400 million revolver talked at Libor plus 175 bps with step downs tied to leverage; $65 million euro-denominated German revolver talked at Libor plus 175 bps with step downs tied to leverage; $825 million term B with likely $100 million euro equivalent sub-tranche talked at Libor plus 175 bps to 200 bps; help fund already completed acquisition of DBT GmbH from RAG Coal International; South Milwaukee, Wis., designer and manufacturer of walking draglines, electric rope mining shovels and rotary blasthole drills used by the surface mining industry.

CANNERY CASINO RESORTS LLC: $860 million credit facility; Bank of America and Merrill Lynch, with Bank of America left lead on the first-lien and Merrill left lead on the second-lien; $110 million five-year revolver (B2/BB-) at Libor plus 225 bps; $350 million six-year first-lien term B (B2/BB-) at Libor plus 225 bps, 101 soft call; $285 million six-year delayed-draw term B (B2/BB-) at Libor plus 225 bps, 225 bps unused fee; $115 million seven-year second-lien term loan (Caa1/B-) at Libor plus 450 bps, non-callable for one year, 102, 101; refinance existing debt, construct a permanent casino in western Pennsylvania and redevelop the Nevada Palace casino in Las Vegas; Las Vegas-based owner and operator of hotels and casinos.

CAPROCK COMMUNICATIONS: $255 million credit facility; Credit Suisse; $40 million five-year revolver (Ba3/B) talked at Libor plus 300 bps, 50 bps commitment fee; $150 million five-year term B (Ba3/B) talked at Libor plus 300 bps; $65 million six-year second-lien term loan (Caa1/CCC+) talked at Libor plus 650 bps; acquisition financing; Houston-based satellite communications provider.

CARITOR INC. (KEANE INC.): $690 million senior secured credit facility (B1/BB-); Citigroup, UBS and Bank of America; $600 million term loan talked at Libor plus 200 bps; $40 million synthetic letter-of-credit facility talked at Libor plus 200 bps; $50 million revolver talked at Libor plus 200 bps; help fund Caritor's acquisition of Keane; new combined Boston-based IT services company to operate under Keane name.

CASELLA WASTE SYSTEMS INC.: $75 million term loan B add-on; Bank of America; pay down revolver and provide additional flexibility to redeem the series A redeemable convertible preferred stock; Rutland, Vt., waste treatment company.

CELLULAR SOUTH: $750 million credit facility; Bank of America; $200 million revolver; $400 million term loan talked at Libor plus 175 bps to 200 bps; $150 million delayed-draw term loan talked at Libor plus 175 bps to 200 bps; refinance existing debt; Jackson, Miss., privately held wireless provider.

CENTRAL PARKING CORP.: Bank meeting May 3; $405 million senior secured credit facility; Goldman Sachs; $75 million six-year revolver (Ba2/B) talked at Libor plus 250 bps; $225 million seven-year first-lien term loan (Ba2/B) talked at Libor plus 250 bps; $55 million seven-year synthetic letter-of-credit facility (Ba2/B) talked at Libor plus 250 bps; $50 million 71/2-year second-lien term loan (B2/CCC+) talked at Libor plus 550 bps to 600 bps, call protection 102, 101; help fund buyout by Kohlberg & Co., Lubert-Adler and Chrysalis Capital Partners; Nashville, Tenn., provider of parking and transportation-related services.

CHAMPION WINDOW MANUFACTURING INC.: $350 million credit facility; Bank of America; $20 million revolver; $230 million first-lien term loan talked at Libor plus 225 bps; $100 million second-lien term loan; Cincinnati-based manufacturer of custom-built, vinyl-framed replacement windows and doors.

COCREATE SOFTWARE INC.: $193 million credit facility; Credit Suisse; $8 million five-year revolver at Libor plus 300 bps, 50 bps commitment fee; $125 million six-year term B at Libor plus 300 bps; $60 million seven-year second-lien term loan at Libor plus 700 bps; recapitalization; Fort Collins, Colo., marketer of design, drafting and collaborative software for creating mechanical products.

COLLINS & AIKMAN FLOORCOVERINGS INC.: $245 million seven-year covenant-light term B (B2/B+) talked at Libor plus 250 bps; Bank of America and Wachovia Bank; redeem 9¾% senior subordinated notes due 2010 and repay a portion of ABL loan; Dalton, Ga., manufacturer of floorcovering products for the commercial carpet market.

CRC-EVANS PIPELINE INTERNATIONAL: $140 million credit facility; Wachovia; $100 million term loan talked at Libor plus 250 bps; $40 million revolver talked at Libor plus 225 bps; dividend recapitalization; Houston-based manufacturer of equipment and supplier of services to the pipeline industry.

CULLIGAN HOLDING SARL: $640 million senior secured first-lien U.S. credit facility (B1/B); BNP Paribas and Citigroup; $110 million revolver at Libor plus 225 bps; $530 million term B at Libor plus 225 bps; also €25 million first-lien term loan (B1) at Libor plus 225 bps and €175 million second-lien term loan (Caa1/CCC+) at Libor plus 475 bps; fund distribution to equity holders, refinance existing credit facility and repay 8% senior subordinated notes due 2014; Northbrook, Ill., provider of water treatment products and services.

DELUXE ENTERTAINMENT SERVICES GROUP: $745 million credit facility; Credit Suisse and Bear Stearns; $25 million six-year synthetic revolver (B) at Libor plus 225 bps; $610 million six-year first-lien term loan (B) at Libor plus 225 bps; $110 million 61/2-year second-lien term loan (CCC+) at Libor plus 600 bps; refinance existing debt; provider of products and services to the motion picture industry.

DOUGLAS DYNAMICS LLC: $145 million credit facility; Credit Suisse; $60 million five-year ABL revolver at Libor plus 150 bps; $85 million six-year term B (Ba2/BB-) at Libor plus 225 bps; refinance existing debt; Milwaukee manufacturer, seller and supporter of snow and ice control equipment.

EDGEN MURRAY LP: $500 million credit facility; Lehman Brothers and Jefferies Finance LLC; $425 million seven-year first-lien term loan (B3/B) (a portion of which is available at a U.K. borrower) at Libor plus 275 bps; $75 million eight-year second-lien term loan (B3/CCC+) talked at Libor plus 600 bps to 625 bps, call protection 102, 101; also $150 million ABL revolver led by GMAC that is being done via a separate syndication; refinance existing debt and back purchase by Jefferies Capital Partners and management; Baton Rouge, Pa., distributor of high performance carbon and alloy steel products.

EXCO RESOURCES INC.: $1 billion revolver at Libor plus 125 bps; JPMorgan; refinance existing debt and help fund acquisitions of oil and gas properties; Dallas-based independent energy company.

EXIDE TECHNOLOGIES, INC.: $495 million senior credit facility; Deutsche Bank, Credit Suisse and Wachovia; $200 million asset-based revolver (B1) talked at Libor plus 175 bps, 37.5 bps commitment fee; $295 million secured term loan (B1/B) talked at Libor plus 350 bps; refinance existing credit facility; Alpharetta, Ga., manufacturer and supplier of lead acid batteries.

EXPRESS SCRIPTS INC.: $800 million five-year delayed-draw term loan tack-on talked at Libor plus 50 bps, 10 bps commitment fee; Credit Suisse and Citigroup; recapitalization; St. Louis-based pharmacy benefit management company.

FONTAINEBLEAU LAS VEGAS LLC: $1.85 billion credit facility (B1/B); Bank of America, Barclays, Deutsche and Merrill Lynch; $800 million five-year revolver at Libor plus 275 bps, 50 bps unused fee; $700 million funded term B at Libor plus 275 bps; $350 million delayed-draw term B at Libor plus 275 bps, 200 bps unused fee; fund construction of a hotel and casino project in Las Vegas.

GATE GOURMET INC.: CHF 850 million credit facility; Goldman Sachs and Deutsche Bank; CHF 125 million revolver (Ba2/B+); CHF 425 million funded term loan (B2/B) talked at Libor plus 225 bps; CHF 300 million delayed-draw term loan (B2/B) talked at Libor plus 225 bps; refinance existing debt; Zurich, Switzerland, provider of airline catering and provisioning services.

GATEHOUSE MEDIA INC.: $275 million term loan add-on (B1/BB-); Wachovia, Goldman Sachs and Morgan Stanley, with Wachovia left lead; help fund the acquisition of four daily newspapers from Gannett Co., Inc.; Fairport, N.Y., publisher of locally based print and online media.

GRACEWAY PHARMACEUTICALS LLC: $1.01 billion senior secured credit facility; Goldman Sachs, Bank of America and Deutsche Bank, with Goldman left lead; $30 million five-year revolver (Ba3/BB-) at Libor plus 275 bps; $650 million five-year first-lien term B (Ba3/BB-) at Libor plus 275 bps, OID 991/2; $330 million six-year second-lien term loan (Caa1/B-) at Libor plus 650 bps, OID 981/2; also $70 million 61/2-year mezzanine loan at Libor plus 825 bps, OID to be determined; refinance existing debt and fund a dividend to sponsors; Bristol, Tenn., pharmaceutical company.

GRAHAM PACKAGING HOLDINGS CO.: $1.875 billion term B (B1/B) talked at Libor plus 225 bps, steps to Libor plus 250 bps and Libor plus 200 bps based on leverage and ratings grid, 101 soft call; Deutsche Bank and Citigroup; repay second-lien term loan and refinance existing first-lien term B, while stripping covenants; York, Pa., producer of custom high-value-added blow-molded plastic containers.

H3C HOLDINGS LTD.: $430 million 51/2-year senior secured term loan talked at Libor plus 250 bps to 275 bps; Goldman Sachs; finance a portion of the purchase price for parent company 3Com Corp.'s already completed acquisition of 49% of its China-based joint venture, Huawei-3Com Co., Ltd. from an affiliate of Huawei Technologies; telecom infrastructure company.

HAMILTON BEACH INC.: $125 million senior secured term loan due 2013 (B1/B) talked at Libor plus 250 bps; UBS and Wachovia, with UBS left lead; fund a special cash dividend to Nacco Industries Inc. as part of the spinoff; expected close by end of June; Glen Allen, Va., small electric household and commercial appliance company.

HAYES LEMMERZ INTERNATIONAL INC.: $495 million senior secured credit facility (B2/B); Citigroup and Deutsche Bank; $350 million euro-denominated term loan talked at Libor plus 300 bps; $125 million revolver talked at Libor plus 300 bps; $20 million synthetic letter-of-credit facility talked at Libor plus 300 bps; refinance existing credit facility and for working capital and other general corporate purposes; Northville, Mich., supplier of automotive and commercial highway wheels, brakes and powertrain components.

HOUGHTON MIFFLIN RIVERDEEP GROUP PLC: $500 million term B add-on (B1/B-) talked at Libor plus 275 bps; Credit Suisse and Citigroup; repay some bridge financing; Dublin, Ireland, provider of educational products.

HUISH DETERGENTS INC.: $975 million credit facility; JPMorgan; $100 million six-year revolver (B1/B) at Libor plus 225 bps; $650 million seven-year covenant-light first-lien term loan (B1/B) at Libor plus 200 bps, step down to Libor plus 175 bps based on leverage; $225 million 71/2-year second-lien term loan (Caa1/CCC+) at Libor plus 425 bps, non-callable for one year, 102, 101; help fund acquisition by Vestar Capital Partners; Salt Lake City-based manufacturer of private label laundry detergent and fabric softeners.

ICONIX BRAND GROUP INC.: $212.5 million six-year senior secured term loan (B1/B+) at Libor plus 225 bps; Lehman; help fund already completed acquisition of Rocawear; New York-based owner, licenser and marketer of consumer brands.

INFORMATION RESOURCES INC.: $330 million credit facility; Bank of America; $40 million five-year revolver; $290 million seven-year term loan at Libor plus 175 bps; recapitalization; Chicago-based market research firm.

IPC INFORMATION SYSTEMS: $1.23 billion credit facility; JPMorgan, Goldman Sachs and UBS, with JPMorgan left lead on the first-lien and Goldman left lead on the second-lien; $75 million revolver (B1/B) talked at Libor plus 225 bps; $840 million first-lien term B (B1/B) talked at Libor plus 225 bps; $315 million second-lien term loan (Caa1/CCC+) talked at Libor plus 550 bps, call protection 102, 101; help fund acquisition of WestCom Corp. and refinance existing bank debt; New York-based provider of communications solutions to global enterprises.

JASON INC.: $260 million credit facility; General Electric Capital Corp.; $40 million revolver at Libor plus 275 bps; $220 million term loan at Libor plus 275 bps; refinance bank debt, subordinated debt and preferred equity; Milwaukee-based diversified manufacturing company.

J.L. FRENCH AUTOMOTIVE CASTINGS INC.: $195 million credit facility; Goldman Sachs; $145 million first-lien term B talked at Libor plus 400 bps context; $50 million revolver; refinance existing first-lien bank debt; Sheboygan, Wis., supplier of high-pressure die-cast aluminum automotive components and assemblies.

JRD HOLDINGS INC.: $1.08 billion credit facility; JPMorgan; $955 million term loan talked at Libor plus 225 bps; $125 million revolver; recapitalization; wholesale groceries, frozen foods, fresh meats, beer and tobacco products business.

KIK CUSTOM PRODUCTS: $695 million credit facility; JPMorgan, Credit Suisse and UBS; $55 million revolver (B-); $400 million first-lien term loan (B-); $240 million second-lien term loan (CCC); help fund buyout of KCP Income Fund by Caxton-Iseman Capital, Inc.; Concord, Ont., manufacturer of consumer products in the laundry, household cleaners, personal care, over-the-counter medicated and pharmaceutical categories.

KINDER MORGAN INC.: $7.3 billion credit facility (Ba2/NA/BB); Citigroup, Goldman Sachs, Deutsche Bank, Wachovia and Merrill Lynch; $1 billion 61/2-year term A at Libor plus 162.5 bps; $3.3 billion seven-year term B at Libor plus 150 bps, step down to Libor plus 137.5 bps at less than 5.5x leverage; $2 billion three-year asset-sale bridge term C at Libor plus 137.5 bps; $1 billion six-year revolver at Libor plus 162.5 bps; help fund public-to-private buyout by management and equity investors; Houston-based energy infrastructure provider.

LAS VEGAS SANDS CORP.: $5 billion domestic credit facility (Ba3/BB-); Goldman Sachs, Lehman Brothers and Citigroup joint lead arrangers and joint bookrunners, with Goldman left lead, Scotia Capital and JPMorgan agents; $3 billion seven-year funded term B talked at Libor plus 175 bps; $600 million delayed-draw term loan available for 12 months with seven-year final maturity talked at Libor plus 175 bps, 75 bps unused fee; $400 million delayed-draw term loan available for 18 months with six-year final maturity talked at Libor plus 175 bps, 50 bps unused fee; $1 billion five-year revolver talked at Libor plus 150 bps, 37.5 bps commitment fee; refinance existing domestic credit facility, provide funding for current and future capital needs and for general corporate purposes; Las Vegas-based developer of multi-use integrated resorts.

LOCAL TV LLC: $305 million senior secured credit facility (Ba3/B); UBS and Deutsche Bank; $30 million six-year revolver at Libor plus 200 bps; $275 million six-year term loan at Libor plus 200 bps; fund purchase of the television stations of the New York Times Broadcast Media Group by Oak Hill Capital Partners; broadcasting company.

MCKECHNIE AEROSPACE: $540 million credit facility; Bear Stearns and Morgan Stanley joint lead arrangers, with Bear Stearns sole bookrunner, General Electric Capital Corp. documentation agent; $40 million revolver (Ba3/B+); $350 million first-lien term B (Ba3/B+) at Libor plus 200 bps ($225 million in dollars, $75 million dollar equivalent in euros, $50 million dollar equivalent in sterling); $150 million second-lien PIK toggle term loan (Caa1/CCC+) at Libor plus 500 bps cash pay, Libor plus 575 bps if PIK elected, call protection 102, 101; help fund acquisition by JLL Partners from Melrose plc; Alcester, England-based producer of door latches, rods and struts for aircraft interiors and a distributor of aircraft batteries.

MERISANT CO.: $85 million three-year term B add-on (B3/CCC+) talked at Libor plus 350 bps; Credit Suisse; repay second-lien loan; Chicago-based marketer of low-calorie tabletop sweeteners.

MICHAELS STORES INC.: $2.344 billion covenant-light term loan talked at Libor plus 225 bps, step down to Libor plus 200 bps if corporate rating upgraded to B1, 101 soft call; Deutsche Bank; replace existing term loan that is priced at Libor plus 275 bps; Irving, Texas, specialty retailer of arts, crafts, framing, floral, wall decor and seasonal merchandise.

MILLENNIUM INORGANIC CHEMICALS INC.: $880 million credit facility; $100 million revolver (Ba3/B+); $550 million first-lien term loan (Ba3/B+) talked at Libor plus 250 bps; $230 million second-lien term loan (B3/CCC+) talked at Libor plus 550 bps; help fund National Titanium Dioxide Co. Ltd.'s acquisition of the company from Lyondell Chemical Co.; inorganic chemicals company.

MUELLER WATER PRODUCTS INC.: $1.09 billion credit facility; Bank of America and JPMorgan; $300 million revolver talked at Libor plus 150 bps; $150 million term A talked at Libor plus 150 bps; $640 million term B talked at Libor plus 175 bps; refinance existing credit facility and fund cash tender offers for 10% senior subordinated notes and 14¾% senior discount notes; Atlanta-based manufacturer and marketer of infrastructure and flow control products.

NEFF CORP.: $620 million credit facility; Bank of America, CIBC, General Electric Capital Corp. and UBS; $350 million six-year ABL revolver talked at Libor plus 150 bps; $270 million 71/2-year covenant-light second-lien term loan (B3/B-) talked at Libor plus 400 bps; help fund acquisition by Lightyear Capital LLC from Odyssey Investment Partners; Miami-based construction equipment rental company.

N.E.W. CUSTOMER SERVICE COS. INC.: $685 million credit facility; Bank of America, Credit Suisse and CIBC, with Bank of America left lead; $20 million revolver; $665 million term B talked at Libor plus 250 bps; refinance existing debt; Sterling, Va., provider of extended service plans, buyer protection programs and product support.

NORANDA ALUMINUM ACQUISITION CORP.: $750 million credit facility (Ba2/BB-); Merrill Lynch, Citigroup and Goldman Sachs, with Merrill left lead; $250 million six-year revolver; $500 million seven-year term B talked at Libor plus 200 bps to 225 bps; help fund Apollo Management LP's acquisition of Noranda Aluminum from Xstrata plc; aluminum company.

NRG ENERGY INC.: $1 billion delayed-draw senior secured holdco term B (B2/B-) talked at Libor plus 200 bps to 225 bps; Credit Suisse and Citigroup; fund repayment of some opco term B debt; also repricing existing term B and synthetic letter-of-credit facility to Libor plus 175 bps from Libor plus 200 bps; Princeton, N.J.-based wholesale power generation company.

NUVOX COMMUNICATIONS: $260 million credit facility (B2/B-); Goldman Sachs and Wachovia; $10 million six-year revolver; $250 million seven-year term loan talked at Libor plus 375 bps; help fund merger with FDN Communications and to refinance both companies' existing senior credit facilities; Greenville, S.C., provider of IP-based communications solutions.

OMNOVA SOLUTIONS INC.: $230 million credit facility; Deutsche Bank bookrunner on term B, JPMorgan bookrunner on ABL revolver; $150 million term B (B2/B+) talked at Libor plus 275 bps; $80 million ABL revolver; help fund a cash tender offer for 11¼% secured notes; Fairlawn, Ohio, provider of emulsion polymers and specialty chemicals and decorative and functional surfaces for various commercial, industrial and residential end uses.

ONE COMMUNICATIONS CORP.: $590 million credit facility (B1/B); Goldman Sachs; $30 million revolver; $560 million first-lien term loan talked at Libor plus 350 bps; refinance the existing credit facility; Waltham, Mass., communications provider.

ORECK CORP.: $200 million credit facility; Goldman Sachs; $20 million revolver (B1/B-); $130 million first-lien term loan (B1/B-) talked at Libor plus 325 bps to 350 bps area; $50 million second-lien term loan (Caa1/CCC) talked at Libor plus 700 bps area; refinance existing debt; New Orleans-based vacuum maker.

OSI RESTAURANT PARTNERS INC.: $1.48 billion senior secured credit facility (Ba3/BB-); Deutsche Bank and Bank of America; $1.23 billion seven-year term loan at Libor plus 225 bps, step down to Libor plus 200 bps at B1 corporate rating; $150 million six-year revolver talked at Libor plus 250 bps; $100 million six-year pre-funded revolver at Libor plus 225 bps, step down to Libor plus 200 bps at B1 corporate rating; help fund LBO by Bain Capital Partners, LLC, Catterton Partners and company founders Chris T. Sullivan, Robert D. Basham and J. Timothy Gannon; Tampa, Fla., casual dining restaurants company.

OXBOW CARBON & MINERALS HOLDINGS INC.: $1.11 billion credit facility (B1/B+); Bank of America; $960 million term loan at Libor plus 200 bps; $150 million revolver; fund the acquisition of Great Lakes Carbon Income Fund; West Palm Beach, Fla., private energy company.

THE PANTRY INC.: $650 million credit facility (Ba3/BB); JPMorgan; $200 million six-year revolver talked at Libor plus 150 bps; $350 million seven-year covenant-light term B talked at Libor plus 175 bps; $100 million seven-year covenant-light delayed-draw term loan talked at Libor plus 175 bps, unused fee 75 bps for first six months and 87.5 bps for months seven through 12; refinance existing debt; Sanford, N.C., convenience store chain.

PINNACLE FOODS GROUP INC. (PEAK FINANCE LLC): $1.375 billion senior secured credit facility (B2/B-); Lehman and Goldman Sachs, with Lehman left lead; $125 million revolver at Libor plus 275 bps; $1.25 billion covenant-light term B at Libor plus 275 bps; help fund LBO by the Blackstone Group; Cherry Hill, N.J., manufacturer, marketer and distributor of branded food products.

QTC MANAGEMENT INC.: $140 million first-lien term loan (B2/B+) talked at Libor plus 250 bps; UBS; refinance existing first- and second-lien debt; Diamond Bar, Calif., outsourced disability evaluation provider.

RCN CORP.: $595 million credit facility; Deutsche Bank, Citigroup and SocGen; $75 million revolver talked at Libor plus 200 bps; $520 million covenant-light term B at Libor plus 225 bps; refinance existing first-lien debt, tender for second-lien convertibles and pay a special dividend to shareholders; Herndon, Va., provider of video, data and voice services.

RE/MAX INTERNATIONAL INC.: $300 million credit facility; Citigroup; $145 million eight-month funded term B talked at Libor plus 250 bps, step down to Libor plus 200 bps if corporate rating is at least Ba3/BB-; $155 million eight-month delayed-draw term loan talked at Libor plus 250 bps, step down to Libor plus 200 bps if corporate rating is at least Ba3/BB-, 50 bps undrawn fee; fund acquisitions of independently owned RE/MAX of California, Hawaii, Carolina and Florida; Denver-based real estate company.

RIVIERA HOLDINGS CORP.: $245 million senior secured credit facility; Wachovia; $20 million five-year revolver; $225 million seven-year term loan talked at Libor plus 225 bps; refinance 11% senior secured notes; Las Vegas-based owner and operator hotels and casinos.

ROYALTY PHARMA: $1.4 billion senior secured term loan (BB+) talked at Libor plus 150 bps; Bank of America; refinance existing debt and fund the acquisition of royalty streams; New York-based acquirer of revenue-producing intellectual property, principally royalty interests in marketed and late-stage biopharmaceutical products.

SAFENET INC.: $400 million credit facility; Deutsche and Citigroup co-lead arrangers; $250 million seven-year first-lien term loan (B) talked at Libor plus 250 bps; $25 million six-year revolver (B) talked at Libor plus 250 bps, 50 bps commitment fee; $125 million eight-year second-lien term loan (CCC+) talked at Libor plus 600 bps, call protection 102, 101; help fund already completed buyout by Vector Capital; Belcamp, Md., developer, marketer and seller of hardware and software information security products and services.

SIX FLAGS INC.: Expected close May 17; $1.1 billion senior secured credit facility (Ba3/B/BB-); JPMorgan, Credit Suisse and Lehman; $800 million term B due April 2015 talked at Libor plus 250 bps; $300 million revolver due March 2013 talked at Libor plus 250 bps, 50 bps commitment fee; refinance existing bank debt; New York-based regional theme park company.

SKILLSOFT PLC: $225 million secured credit facility (B2); Credit Suisse; $25 million five-year revolver at Libor plus 275 bps, 50 bps commitment fee; $200 million six-year term B at Libor plus 275 bps; help fund acquisition of NETg from Thomson Corp.; Nashua, N.H., provider of e-learning and performance support solutions.

SMART & FINAL INC.: $685 million credit facility; Credit Suisse, Bank of America and Bear Stearns; $200 million seven-year covenant-light funded first-lien term loan (B1/B) talked at Libor plus 275 bps to 300 bps; $160 million seven-year covenant-light delayed-draw first-lien term loan (B1/B) talked at Libor plus 275 bps to 300 bps; $175 million 71/2-year PIK toggle second-lien term loan (B3/CCC) talked at Libor plus 600 bps to 625 bps, or Libor plus 675 bps to 700 bps if PIK elected, call protection 102, 101; $150 million six-year asset-based revolver (Ba1) talked at Libor plus 150 bps, 25 bps commitment fee; help fund LBO by Apollo Management, LP; City of Commerce, Calif., operator of non-membership warehouse stores for food and foodservice supplies.

SOLERA HOLDINGS LLC: $657.5 million amended and restated senior credit facility (B1/B+); Goldman Sachs and Citigroup; $50 million revolver; $607.5 million term B divided into a euro tranche and a U.S. tranche at Libor plus 200 bps, step down to Libor plus 175 bps at 3.25x leverage; in connection with common stock IPO; refinance existing bank debt; San Ramon, Calif., provider of software and services to the automobile insurance claims processing industry.

STELCO INC.: C$275 million U.S. dollar equivalent six-year term loan talked at Libor plus 350 bps; General Electric Capital Corp.; refinance revolving term loan; Hamilton, Ont., steel company.

SWIFT TRANSPORTATION CO. INC.: $2.17 billion senior secured credit facility (B1/B+); Morgan Stanley, Wachovia and JPMorgan; $250 million five-year revolver at Libor plus 300 bps; $200 million letter-of-credit facility at Libor plus 300 bps; $1.72 billion seven-year term B at Libor plus 300 bps; help fund buyout by director and largest shareholder Jerry Moyes; Phoenix truckload carrier.

SYNAGRO TECHNOLOGIES INC.: $540 million senior secured credit facility; Bank of America, Citigroup and Lehman; $100 million revolver (Ba3/B+); $290 million first-lien term loan (Ba3/B+) at Libor plus 200 bps; $150 million second-lien term loan (Caa1/CCC+) at Libor plus 475 bps; help fund LBO by the Carlyle Group; Houston-based recycler of biosolids and other organic residuals.

TNS INC.: $240 million senior secured credit facility (B1/BB-); General Electric Capital Corp.; $15 million six-year revolver at Libor plus 200 bps; $225 million seven-year term B at Libor plus 200 bps; fund a special shareholder dividend, repay existing credit facility and for general corporate purposes; Reston, Va., provider of business-critical, cost-effective data communications services for transaction-oriented applications.

TRAVELPORT INC.: $1.09 billion of incremental bank debt; UBS, Credit Suisse, Lehman Brothers, JPMorgan, and Goldman Sachs, with UBS left lead; $25 million revolver add-on talked at Libor plus 275 bps; $25 million synthetic letter-of-credit facility add-on talked at Libor plus 250 bps; $1.04 billion delayed-draw first-lien term B add-on talked at Libor plus 250 bps; refinance Worldspan LP's credit facility; also repricing euro term loan; Parsippany, N.J., travel distribution services company.

TRIBUNE CO.: $10.133 billion credit facility (Ba2/BB-/BB); JPMorgan, Merrill Lynch, Citigroup and Bank of America; $7.015 billion seven-year term loan talked at Libor plus 250 bps; $2.105 billion seven-year incremental term loan (not being syndicated now); $263 million seven-year delayed-draw term loan talked at Libor plus 250 bps; $750 million six-year revolver talked at Libor plus 250 bps, 50 bps undrawn fee; help fund public-to-private transaction; Chicago-based media company.

TRW AUTOMOTIVE INC. $2.5 billion credit facility (Baa3/BBB-); JPMorgan, Bank of America and Lehman; $1.4 billion revolver, $600 million term A; $500 million term B talked at Libor plus 150 bps; refinance existing credit facilities; Livonia, Mich., automotive supplier.

VENOCO INC.: $500 million seven-year second-lien term loan (Caa1/B-) talked at Libor plus 400 bps; Credit Suisse and UBS; refinance existing term loan used to fund acquisition of TexCal Energy and other recently announced acquisitions; Denver-based independent oil and gas acquisition, exploration, exploitation and development company.

VERINT SYSTEMS INC.: $675 million senior secured credit facility (B); Lehman Brothers, Deutsche Bank and Credit Suisse; $650 million seven-year term loan talked at Libor plus 250 bps, one-time step down based on ratings and filing of audited financials; $25 million six-year revolver talked at Libor plus 250 bps; help fund acquisition of Witness Systems, Inc.; Melville, N.Y., provider of analytic software-based solutions for security and business intelligence.

WESTERN REFINING INC.: $1.9 billion senior secured credit facility; Bank of America; $500 million revolver; $1.125 billion term B (B1/BB-) at Libor plus 175 bps; $275 million delayed-draw term loan (B1/BB-) at Libor plus 175 bps, 75 bps unused; help fund acquisition Giant Industries Inc.; El Paso, Texas, independent refiner and marketer.

WHITE BIRCH PAPER CO.: $550 million credit facility; Credit Suisse; $425 million seven-year term B (B2/B+) at Libor plus 275 bps; $125 million eight-year second-lien term loan (B) at Libor plus 440 bps; refinance first- and second-lien term loans; Toronto-based newsprint company.

WYNN RESORTS LTD.: $1.25 billion equivalent senior secured credit facility; Bank of America, Deutsche Bank and Soc Gen; $500 million equivalent five-year revolver that will be available in U.S. and Hong Kong dollars talked at Libor plus 175 bps; $250 million equivalent seven-year Hong Kong dollar delayed-draw term A talked at Libor plus 175 bps; $250 million equivalent seven-year Hong Kong dollar funded term B talked at Libor plus 175 bps; $250 million seven-year U.S. dollar funded term C talked at Libor plus 175 bps; develop the Wynn Macau; Las Vegas-based developer, owner and operator of destination casino resorts.

ON THE HORIZON

ADVANSTAR HOLDINGS CORP.: $835 million credit facility; Credit Suisse and Barclays; $515 million first-lien term loan; $75 million revolver; $245 million second-lien term loan; in connection with buyout by Veronis Suhler Stevenson, Citigroup Private Equity and New York Life Capital Partners from DLJ Merchant Banking Partners; New York-based media company.

AEROFLEX INC.: $780 million senior secured credit facility; JPMorgan and Lehman; $60 million revolver; $475 million first-lien term loan; $245 million second-lien term loan; help fund buyout by General Atlantic and Francisco Partners; Plainview, N.Y., provider of high technology solutions to the aerospace, defense, cellular and broadband communications markets.

AMERICAN REAL ESTATE PARTNERS LP: $3.6 billion senior secured credit facility; Bank of America; $1 billion five-year revolver at Libor plus 150 bps, 50 bps commitment fee; $2.6 billion seven-year term B at Libor plus 225 bps; help fund buyout of Lear Corp.; New York-based diversified holding company engaged in a variety of businesses and an affiliate of Carl C. Icahn.

AQUILEX HOLDINGS LLC: New credit facility; RBS Securities and Credit Suisse; help fund acquisition of HydroChem Industrial Services, Inc.; Atlanta-based provider of maintenance, repair and overhaul services with associated engineering and technical support to heavy industries.

ASSET ACCEPTANCE CAPITAL CORP.: $250 million credit facility (B1); JPMorgan; $100 million revolver; $150 million term loan; recapitalization that would include stock repurchases and one-time cash dividend; expected to be completed by June 30; Warren, Mich., purchaser and collector of charged-off consumer debt.

BIOMET INC.: $4.35 billion senior secured credit facility; Bank of America, Goldman Sachs, Bear Stearns, Lehman Brothers, Merrill Lynch and Wachovia; $3.6 billion 71/2-year term loan; $750 million six-year revolver (asset-based, cash-based or combination thereof); help fund LBO by the Blackstone Group, Goldman Sachs Capital Partners, Kohlberg Kravis Roberts & Co. and TPG; Warsaw, Ind., maker of musculoskeletal medical products.

BLOCKBUSTER INC.: New credit facility; refinance existing credit facility; Dallas-based provider of in-home movie and game entertainment.

CABLEVISION SYSTEMS CORP.: $9.23 billion in senior secured credit facilities; Merrill Lynch, Bear Stearns and Bank of America; CSC Holdings Inc. $7.25 billion credit facility consisting of a $1 billion six-year term A, a $4.75 billion seven-year term B, a $500 million seven-year delayed-draw term loan and a $1 billion six-year revolver; Regional Programming Partners $950 million credit facility consisting of a $900 million seven-year term B and a $50 million five-year revolver; Rainbow National Services LLC $1.03 billion credit facility consisting of a $730 million eight-year term B and a $300 million six-year revolver; help fund buyout by the Dolan Family Group and refinance certain bank debt; Bethpage, N.Y., media, entertainment and telecommunications company.

CATALINA MARKETING CORP.: $760 million senior secured credit facility; Morgan Stanley, Bear Stearns and Goldman Sachs; $660 million term loan; $100 million revolver; help fund buyout by Hellman & Friedman Capital Partners VI, LP; St. Petersburg, Fla., provider of behavior-based promotional messaging, loyalty programs and direct-to-patient information.

CENTENNIAL POWER INC./COLORADO ENERGY MANAGEMENT LLC: New debt financing; Barclays Capital and Goldman Sachs; help fund purchase of the two companies by Paul Prager and Natural Gas Partners from MDU Resources Group, Inc.; expected close in June; owner, operator and acquirer of coal-fired, natural gas-fired and wind power generation.

CLEAR CHANNEL COMMUNICATIONS INC.: $19.525 billion credit facility; Citigroup, Deutsche Bank, Morgan Stanley, Credit Suisse, RBS and Wachovia; $1 billion receivables-backed revolver; $18.525 billion in senior secured debt, of which $15.4 billion will be available at closing for purposes of financing the LBO and related transactions; help fund LBO by Thomas H. Lee Partners, LP and Bain Capital Partners, LLC; San Antonio media and entertainment company specializing in "gone from home" entertainment and information services.

CLEAR CHANNEL TELEVISION GROUP: New debt financing; help fund buyout of 56 television stations and associated assets by Providence Equity Partners Inc. from Clear Channel Communications Inc.

COMMUNITY HEALTH SYSTEMS INC.: $6.95 billion credit facility; Credit Suisse and Wachovia; $5.7 billion seven-year term loan; $500 million seven-year delayed-draw term loan; $750 million six-year revolver; help fund acquisition of Triad Hospitals Inc.; Nashville, Tenn., operator of general acute care hospitals in non-urban communities.

CONSUMER SOURCE INC.: $450 million first-lien credit facility; $375 million seven-year senior secured term loan expected at Libor plus 250 bps; $75 million six-year revolver with 50 bps unused fee; also $150 million eight-year second-priority secured loan and/or notes with loan expected at Libor plus approximately 625 bps; fund dividend to Primedia Inc. in connection with spinoff; New York-based publisher and distributor of free real estate and automobile guides.

DOLLAR GENERAL CORP.: $3.5 billion senior secured credit facility; Goldman Sachs, Citigroup, Lehman Brothers and Wachovia; $2.5 billion seven-year term loan; $1 billion six-year asset-based revolver; help fund LBO by Kohlberg Kravis Roberts & Co. LP; Goodlettsville, Tenn., discount retailer.

DYNEA NORTH AMERICA: $245 million credit facility; UBS; $20 million five-year revolver; $225 million seven-year term loan; help fund acquisition by Teachers' Private Capital from Dynea Chemicals Oy; Mississauga, Ont., manufacturer of adhesive resins and overlay products.

EAGLE HOSPITALITY PROPERTIES TRUST INC.: New debt financing; help fund buyout by AP Aimcap; Covington, Ky., real estate investment trust focused on the full-service and all-suite hotel industry.

EDUCATE INC.: $290 million credit facility; JPMorgan; $170 million six-year term loan (Ba2) expected at Libor plus 275 bps; $15 million five-year revolver (Ba2) expected at Libor plus 275 bps, 50 bps commitment fee; $105 million seven-year second-lien term loan (B3) expected at Libor plus 550 bps; help back LBO by Christopher Hoehn-Saric, chairman and chief executive officer, Peter Cohen, president and chief operating officer, certain other members of management, Sterling Capital Partners and Citigroup Private Equity; Baltimore, based pre-K-12 education company.

EGL INC.: $960 million senior secured credit facility; Merrill Lynch and Wachovia; $810 million covenant-light seven-year term loan at Libor plus 225 bps; $150 million six-year revolver at Libor plus 225 bps, 50 bps commitment fee; also $300 million 71/2-year senior unsecured term loan at 11% from Woodbridge; help fund buyout by chief executive officer and chairman of the board James R. Crane, Centerbridge Partners LP and the Woodbridge Co. Ltd.; Houston-based global transportation, supply chain management and information services company.

EPD INC.: $1.16 billion credit facility; Lehman Brothers, Goldman Sachs and JPMorgan; $1.06 billion term loan; $100 million revolver; help fund buyout of Goodyear Tire & Rubber Co.'s Engineered Products Division by the Carlyle Group; Akron, Ohio, manufacturer of hoses, conveyor belts and power transmission belts, as well as tank tracks for military and off-road vehicles.

ETHANEX ENERGY INC.: New credit facility; WestLB and Morgan Stanley; senior secured construction, term and working capital credit facility; fund construction and operation three 132 million gallons per year ethanol production facilities; Basehor, Kan., renewable energy company.

FAIRPOINT COMMUNICATIONS INC.: Bank meeting expected late 2007; up to $2.08 billion credit facility; Lehman Brothers, Morgan Stanley, Bank of America, Deutsche Bank, Wachovia and Merrill Lynch, with Lehman left lead; $200 million six-year revolver, 37.5 bps unused fee; $200 million eight-year delayed-draw for one year term loan, 75 bps unused fee; $1.68 billion eight-year term B; help fund merger with Verizon Communications Inc.'s wireline operations in Maine, New Hampshire and Vermont; Charlotte, N.C., provider of communications services to rural communities.

FEDERAL-MOGUL CORP.: $3.5 billion exit financing credit facility; Citigroup and JPMorgan; $540 million five-year asset-based revolver at Libor plus 150 bps; $828 million senior secured term loan at Libor plus 137.5 bps to 175 bps depending on ratings; $50 million synthetic letter-of-credit facility at Libor plus 137.5 bps to 175 bps depending on ratings; $2.082 billion 60-day delayed-draw senior secured term loan at Libor plus 137.5 bps to 175 bps depending on ratings; refinance DIP facility, to make plan of reorganization payments and for working capital and general corporate purposes; Southfield, Mich., auto parts manufacturer.

FIRST DATA CORP.: New debt financing; Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, Lehman Brothers and Merrill Lynch; help fund LBO by Kohlberg Kravis Roberts & Co.; Greenwood Village, Colo., provider of electronic commerce and payment solutions for businesses.

FOREST OIL CORP.: $1.4 billion five-year revolver ($1.25 billion U.S., $150 million Canadian); JPMorgan; help fund acquisition of Houston Exploration Co.; Denver-based acquirer, explorer, developer and producer of natural gas and liquids.

GENESIS HEALTHCARE CORP.: $1.525 billion credit facility; $1.3 billion 24-month senior secured first-lien term loan (includes a $100 million capital expenditure line of credit); $225 million five-year secured second-priority term loan; General Electric Capital Corp. leading first-lien, CapitalSource Finance, LLC leading second-lien; help fund buyout by Formation Capital, LLC and JER Partners; Kennett Square, Pa., long-term care provider.

THE GREAT ATLANTIC & PACIFIC TEA CO. INC.: $615 million five-year ABL revolver; Bank of America; $575 million tranche expected at Libor plus 175 bps; $40 million last out tranche expected at Libor plus 300 bps; help fund purchase of Pathmark Stores Inc.; Montvale, N.J., supermarket chain.

HARMAN INTERNATIONAL INDUSTRIES INC.: New credit facility; Bank of America, Credit Suisse, Goldman Sachs and Lehman Brothers; help fund buyout by Kohlberg Kravis Roberts & Co. LP and GS Capital Partners; Washington, D.C., manufacturer of audio products and electronic systems.

HARRAH'S ENTERTAINMENT INC.: $9 billion senior secured credit facility; Bank of America, Deutsche Bank, Citigroup, Credit Suisse, JPMorgan and Merrill Lynch; $7 billion seven-year term loan; $2 billion multi-currency six-year revolver; help fund LBO by Texas Pacific Group and Apollo Management, LP; Las Vegas-based provider of branded casino entertainment.

HEALTHSOUTH SURGERY DIVISION: New debt financing; JPMorgan and Goldman Sachs; help back buyout by Texas Pacific Group from HealthSouth Corp.; Birmingham, Ala., network of 139 outpatient surgery centers and three surgical hospitals.

HERCULES OFFSHORE INC.: $1.25 billion credit facility; UBS; $1.1 billion six-year term loan expected in the range of Libor plus 175 bps to 250 bps, depending on ratings; $150 million five-year revolver; help fund acquisition of Todco; Houston-based operator of jackup drilling rigs and liftboats.

HHGREGG INC.: $200 million credit facility; $100 million five-year revolver; $100 million six-year term B; in connection with IPO; refinance existing revolver, fund a tender offer for outstanding senior notes and redeem outstanding junior notes; Indianapolis-based specialty retailer of video products, brand name appliances, audio products and accessories.

HIGHLAND HOSPITALITY CORP.: New debt financing; Wachovia; help fund buyout by JER Partners Acquisitions IV, LLC; Mclean, Va., self-advised lodging real estate investment trust focused on hotel investments.

HUB INTERNATIONAL LTD.: $825 million senior secured credit facility; Morgan Stanley and Merrill Lynch joint lead arrangers and joint bookrunners; $625 million seven-year term loan; $100 million two-year, with seven-year final maturity, delayed-draw term loan; $100 million six-year multi-currency revolver; help fund buyout by Apax Partners and Morgan Stanley Principal Investments; Chicago-based insurance broker.

INTEGRA TELECOM INC.: $965 million senior secured credit facility; Deutsche Bank, Morgan Stanley and CIBC; $50 million revolver; $915 million in other credit facility debt; help fund purchase of Eschelon Telecom, Inc.; Portland, Ore., provider of local, long-distance and Internet services for businesses.

INTERPOOL INC.: New debt financing; Citigroup and Bear Stearns; help fund buyout by Fortress Investment Group LLC; Princeton, N.J., supplier of equipment and services to the transportation industry.

INTERTAPE POLYMER GROUP INC.: New debt financing; help fund buyout by Littlejohn & Co., LLC; Saint Laurent, Quebec, developer, manufacturer and seller of polyolefin films, paper and film pressure-sensitive tapes, and complementary packaging systems.

JARDEN CO.: New debt financing; Lehman; help fund acquisition of K2 Inc.; Rye, N.Y., provider of niche consumer products used in and around the home.

J-M MANUFACTURING CO. INC.: New secured credit facility; UBS and RBS Securities; help fund acquisition of PW Eagle Inc.; Livingston, N.J., operator of plastic pipe manufacturing facilities.

KRONOS INC.: $1.125 billion senior secured credit facility; Wachovia, Credit Suisse and JPMorgan; $60 million revolver; $665 million first-lien term loan; $400 million second-lien term loan; help fund buyout by Hellman & Friedman and JMI Equity; Chelmsford, Mass., provider of human capital management solutions.

LAUREATE EDUCATION INC.: $1.15 billion senior secured credit facility; Goldman Sachs, Citigroup, JPMorgan and Credit Suisse; $650 million seven-year term loan; $100 million seven-year final maturity delayed-draw term loan; $400 million seven-year multi-currency revolver; help fund buyout by Douglas L. Becker, chairman and chief executive officer, Kohlberg Kravis Roberts & Co., Citigroup Private Equity, S.A.C. Capital Management, LLC, SPG Partners, Bregal Investments, Caisse de depot et placement du Quebec, Sterling Capital, Makena Capital, Torreal SA and Southern Cross Capital; Baltimore-based provider of higher education.

LOCAL INSIGHT MEDIA LP: New debt financing; help fund acquisition of Hawaiian Telcom Yellow Pages; Anchorage, Alaska, provider of print directories and Internet-based local search services.

METAVANTE CORP.: $2 billion credit facility; JPMorgan and Morgan Stanley; $1.75 billion term loan; $250 million revolver; help fund spinoff from Marshall & Ilsley Corp.; provider of banking and payments technologies.

MYERS INDUSTRIES INC.: New debt financing; Goldman Sachs; help fund buyout by GS Capital Partners; Akron, Ohio, manufacturer of polymer products for industrial, agricultural, automotive, commercial and consumer markets.

OPTION ONE MORTGAGE CORP.: New debt financing; help fund buyout by Cerberus Capital Management, L.P.; Irvine, Calif., wholesale originator and servicer of non-prime residential mortgage loans.

PHH CORP.: New credit facility; JPMorgan and Lehman; help fund buyout by GE Capital Solutions; Mount Laurel, N.J., outsource provider of mortgage and vehicle fleet management services.

PSYCHIATRIC SOLUTIONS INC.: $250 million term loan add-on; Citigroup and Merrill Lynch; fund acquisition of Horizon Health Corp.; Franklin, Tenn., provider of inpatient behavioral health care services.

RATHGIBSON INC.: New debt financing; Credit Suisse; help fund buyout by DLJ Merchant Banking Partners; Janesville, Wis., specialty manufacturer of highly engineered premium stainless steel and alloy welded tubular products.

REMINGTON ARMS CO. INC.: New debt financing; Credit Suisse; help fund buyout by Cerberus Capital Management LP; Madison, N.C., manufacturer of firearms and ammunition.

SAINT VINCENT CATHOLIC MEDICAL CENTERS: $300 million seven-year exit financing credit facility; General Electric Capital Corp.; $250 million term loan at Libor plus 300 bps; $50 million revolver at Libor plus 200 bps; New York-based metropolitan area health care system.

SALTON INC.: $425 million in senior secured credit facilities; $250 million senior secured 60-month revolver via Bank of America at Libor plus 125 bps to 200 bps based on availability; $175 million five-year senior secured credit facility via Silver Point Finance LLC that includes a U.S. term loan, a U.K. term loan and a U.K. revolver; help fund merger with Applica Inc.; Lake Forest, Ill., designer, marketer and distributor of branded, high-quality small appliances, home decor and personal care products.

SEMGROUP ENERGY PARTNERS LP: $250 million five-year credit facility expected at Libor plus 125 bps to 225 bps, depending on total leverage; in connection with IPO of common units; for general partnership purposes; Tulsa, Okla., provider of crude oil gathering, transportation, terminalling and storage services.

THE SERVICEMASTER CO.: $3.35 billion senior secured credit facility; Citigroup, JPMorgan and Bank of America; $2.65 billion term loan; $200 million pre-funded synthetic letter-of-credit facility; $500 million revolver; help fund buyout by Clayton, Dubilier & Rice, Inc.; Downers Grove, Ill., provider of services to residential and commercial customers.

SLM CORP. (SALLIE MAE): New debt financing; JPMorgan and Bank of America; help back buyout by an investor group led by J.C. Flowers & Co.; Reston, Va., saving- and paying-for-college company.

SPIRIT FINANCE CORP.: New credit facility; Credit Suisse; help fund buyout by a consortium that includes Macquarie Bank Ltd., Kaupthing Bank hf. and other independent equity participants; Scottsdale, Ariz., real estate investment trust focused on single-tenant, operationally essential real estate.

STATION CASINOS INC.: $500 million revolver; Deutsche Bank and JPMorgan; help fund buyout by Fertitta Colony Partners LLC; Las Vegas-based gaming and entertainment company.

SYMBION INC.: New credit facility; Merrill Lynch and Bank of America; help fund buyout by Crestview Partners, LP; Nashville, Tenn., owner and operator of short-stay surgical facilities.

SYNIVERSE TECHNOLOGIES: $290 million incremental term loan expected at Libor plus 200 bps; Lehman Brothers, Deutsche Bank and Bear Stearns; help fund acquisition of the wireless clearing and financial settlement business of Billing Services Group; Tampa, Fla., provider of mission-critical technology services to wireless telecommunications companies.

THE TOPPS CO. INC.: $120 million senior secured credit facility; Deutsche Bank; $95 million seven-year term loan; $25 million six-year revolver; also $45 million senior subordinated unsecured eight-year term loan; help fund buyout by the Tornante Co. LLC and Madison Dearborn Partners LLC; New York-based creator and marketer of sports and related cards, entertainment products and confectionery.

TXU CORP.: New credit facility; Citigroup, Goldman Sachs, JPMorgan, Lehman Brothers and Morgan Stanley; help fund LBO by Kohlberg Kravis Roberts & Co. and Texas Pacific Group; Dallas-based energy company.

UNITED STATES STEEL CORP.: $1.25 billion five-year unsecured credit facility; JPMorgan; $750 million revolver expected at 27 bps to 105 bps based on ratings; $500 million term loan expected at 35 bps to 125 bps based on ratings; also $500 million one-year unsecured bridge loan; help fund acquisition of Lone Star Technologies, Inc.; Pittsburgh-based integrated steel producer.

UNIVERSAL HOSPITAL SERVICES INC.: New asset-based credit facility; Merrill Lynch and Bear Stearns; help fund buyout by Bear Stearns Merchant Banking from J. W. Childs Associates, The Halifax Group and management; Edina, Minn., medical equipment lifecycle services company.

U.S. FOODSERVICE INC.: New debt financing; Citigroup, Deutsche Bank, Goldman Sachs, JPMorgan, Morgan Stanley and RBS; help fund buyout by Clayton, Dubilier & Rice, Inc. and Kohlberg Kravis Roberts & Co. LP from Royal Ahold NV; Columbia, Md., broadline foodservice distributor.

VERTRUE INC.: $660 million credit facility; Lehman Brothers and JPMorgan; $30 million six-year revolver expected at Libor plus 225 bps, 50 bps commitment fee; $430 million seven-year first-lien term loan expected at Libor plus 225 bps; $200 million eight-year second-lien term loan expected at Libor plus 550 bps, call protection 102, 101; help fund buyout by management, One Equity Partners, Oak Investment Partners and Rho Ventures; Norwalk, Conn., internet direct marketing services company.

VIRGIN MOBILE USA INC.: New senior secured credit facility; term loan; revolver; in connection with IPO; repay the existing bank debt; Warren, N.J., provider of wireless communications services.


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