High Yield Calendar: $4.085 billion and €475 million deals being marketed

APRIL 19 WEEK

NEW WORLD RESOURCES CORP.: €475 million senior secured notes due 2018 (Ba3/BB-); Goldman Sachs & Co. (left books), JPMorgan, Morgan Stanley (joint books), Bayern LB, Citigroup, Erste Bank (co's); Rule 144A/Regulation S; non-callable for four years; to refinance bank debt; Amsterdam-based central European coal producer; price talk 8% area; pricing Tuesday morning.

CF INDUSTRIES HOLDINGS INC.: $1.6 billion senior notes (B1/BB+) due 2018, price talk 7% area, and due 2020, price talk 7¼% area; Morgan Stanley; off shelf; non-callable; to repay bridge facility, with any excess proceeds to repay term loan; Deerfield, Ill.-based producer and distributor of nitrogen and phosphate fertilizer products; pricing expected Tuesday morning.

INTERNATIONAL WIRE GROUP, INC.: $140 million senior secured notes due 2015 (B3/B); Wells Fargo Securities (sole); Rule 144A for life/Regulation S; non-callable for 2.5 years; to redeem existing 2011 notes and pay a distribution to shareholders and option holders; Kendallville, Ind.-based manufacturer and marketer of wire products; price talk 10% area with 1-2 points OID; books close 11 a.m. ET Tuesday, pricing thereafter.

CLEAVER-BROOKS, INC.: $200 million senior secured notes due 2016 (expected B2/confirmed B); J.P. Morgan Securities Inc., UBS Investment Bank (joint), KeyBanc Capital Markets Inc. (co); Rule 144A/Regulation S for life; non-callable for three years; to repay debt and to fund a dividend; Milwaukee-based manufacturer of packaged and engineered boilers; roadshow April 13-19; pricing early April 19 week.

GLOBAL GEOPHYSICAL SERVICES, INC.: $200 million senior notes due 2017 (/B/); Barclays Capital Inc., Bank of America Merrill Lynch, Credit Suisse Securities (joint); Rule 144A with registration rights; non-callable for four years; to refinance credit facility and for general corporate purposes; concurrent with IPO; Missouri City, Texas-based seismic data services provider; roadshow April 8-21; investor call 11 a.m. ET April 12.

KAISA GROUP HOLDINGS LTD.: $300 million senior guaranteed notes due 2015 (B2/B+); Citigroup, Credit Suisse, UBS Investment Bank; Rule 144A/Regulation S; non-callable for three years; to refinance debt, to fund land acquisitions and property development and for general corporate purposes; Shenzhen, China-based property development company; roadshow April 12-21.

ESSAR STEEL HOLDINGS LTD. and GALLOP HOLDINGS LLC: Benchmark dollar denominated senior unsecured notes due 2017 (B2/B); UBS Investment Bank, Bank of America Merrill Lynch, Deutsche Bank Securities, Standard Chartered Bank (joint); Rule 144A/Regulation S for life; non-callable for four years; to refinance existing debt, fund capital expenditures and acquisitions, and for general corporate purposes; vertically integrated global steel producer based in Mumbai, India; roadshow April 12-22.

ALLBRITTON COMMUNICATIONS CO.: $455 million senior unsecured notes due 2018 (expected B3 or better/confirmed B); Deutsche Bank Securities Inc. (left books), Bank of America Merrill Lynch (joint books); Rule 144A with registration rights; non-callable for four years; to repay existing 7¾% senior subordinated notes due 2012; Arlington, Va.-based owner and operator of television stations; roadshow April 19-21; pricing April 22.

TELCORDIA TECHNOLOGIES, INC.: $300 million of second-lien senior secured notes due 2018 (/CCC+/); Credit Suisse Securities, J.P. Morgan Securities Inc., Deutsche Bank Securities Inc. (joint); Rule 144A for life; callable in year four at par plus one-half of coupon; to refinance existing senior secured floating-rate notes due 2012 and 10% senior subordinated notes due 2013; Piscataway, N.J.-based developer of fixed, mobile and broadband communications software and services; roadshow April 19-22; pricing April 22.

PENN VIRGINIA RESOURCE PARTNERS, LP and PENN VIRGINIA RESOURCE FINANCE CORP.: $300 million senior notes due 2018; Wells Fargo Securities (left lead), Bank of America Merrill Lynch, J.P. Morgan Securities Inc., RBC Capital Markets Corp. (joint books); SEC registered; non-callable for four years; to repay a portion of the revolver; Radnor, Pa.-based partnership manages coal and natural resource properties and gathers and processes natural gas in the United States; roadshow April 19-22; investor call 12:30 p.m. ET on April 19; pricing late in April 19 week.

GLORIOUS PROPERTY HOLDINGS LTD.: Dollar-denominated global bonds (expected B1/confirmed B); Deutsche Bank Securities, JPMorgan, Standard Chartered Bank; Hong Kong-based mainland China property developer; roadshow started April 15.

APRIL 26 WEEK

SYNCREON GLOBAL (IRELAND) LTD.: $300 million senior unsecured notes due 2018 (B3/B); J.P. Morgan Securities Inc., Goldman Sachs & Co. (joint), KBC Bank; Rule 144A/Regulation S for life; non-callable for four years; to repay debt and for general corporate purposes; Auburn Hills, Mich.-based logistics and supply chain solutions service provider; roadshow April 20-26; investor call 12:30 p.m. ET April 21.

THERMON INDUSTRIES, INC.: $200 million senior secured notes due 2017 (mid-to-high single-B ratings expected; Jefferies & Co. (sole books), KeyBanc Capital Markets (joint lead), and BMO Nesbitt Burns (co-manager); Rule 144A with registration rights; non-callable for four years; to partly fund the acquisition of the company by Code Hennessy and to repay certain existing debt; San Marcos, Texas-based industrial company that serves global infrastructure end-markets through its full line of heat tracing solutions. Its end markets include energy, chemical processing, power generation and industrial and commercial infrastructure; roadshow April 19-28.

AMERICOLD WAREHOUSE INVESTMENT PORTFOLIO LLC: $300 million senior secured notes due 2020; Goldman Sachs & Co., Deutsche Bank Securities Inc., RBC Capital Markets Corp.; Rule 144A with registration rights; non-callable for five years (up to 10% of issue redeemable annually at 103.0, until 2013); proceeds, in addition to proceeds from concurrent IPO, to fund acquisition of assets from Versacold and for general corporate purposes; Atlanta-based temperature controlled warehouse real estate investment trust; roadshow April 19-30.

EXPECTED APRIL BUSINESS

CKE RESTAURANTS INC.: $150 million of senior unsecured notes; also $450 million credit facility and up to $440 million in equity; to finance acquisition by Thomas H. Lee Partners, expected second quarter of 2010, Bank of America and Barclays are the lead banks on the financing; Carpinteria, Calif.-based owner of Carl's Jr. and Hardee's quick-service restaurant chains.

GRAY TELEVISION, INC.: $365 million senior secured notes due 2015; Rule 144A/Regulation S; to repay a portion of its term loans and repurchase a portion of the outstanding shares of its series D perpetual preferred stock; Atlanta-based television broadcast company.

HAWKEYE GROWTH LLC (HAWKEYE RENEWABLES): Up to $150 million first-lien notes; PrinceRidge Group; proceeds, along with cash on hand, to refinance debt; Ames, Iowa-based ethanol producer.

PHILLIPS-VAN HEUSEN CORP.: $600 million senior unsecured notes and $2.45 billion senior secured credit facility; Barclays and Deutsche Bank are global debt coordinators, Barclays left lead; also Bank of America, Credit Suisse, RBC Capital Markets; to help fund Tommy Hilfiger acquisition from Apax Partners for €2.2 billion plus the assumption of €100 million in liabilities, and to refinance Phillips-Van Heusen's $300 million of existing senior unsecured notes due in 2011 and 2013; New York-based Phillips-Van Heusen and Tommy Hilfiger are apparel companies; April business.

RBS GLOBAL INC. (REXNORD): $1.6 billion notes; to help fund tender for $795 million 9½% senior unsecured notes due 2014 issued in 2006, $196.27 million of 9½% senior unsecured notes due 2014 issued in 2009 and $79.002 million of 8 7/8% senior unsecured notes due 2016, Credit Suisse Securities dealer manager, expires May 4, 2010; RBS Global is the parent company of Rexnord, a Milwaukee-based provider of power transmission and water management products.

TERPHANE, INC.: $90 million secured notes due 2017; PrinceRidge Group (sole); Rule 144A for life; non-callable for four years; to repay Libor plus 970 bps secured notes and 12% secured notes; polyester films manufacturer based in Bloomfield, N.Y., and Sao Paulo.

ON THE HORIZON

AMERICAN RENAL HOLDINGS: Secured notes; to help fund acquisition by Centerbridge Partners LP from Pamlico Capital; Bank of America and Barclays; closing expected in the second quarter; Beverly, Mass.-based provider of kidney dialysis services.

ANWORTH MORTGAGE ASSET CORP.: $600 million; Santa Monica, Calif.-based real estate investment trust focusing on mortgage-backed securities and residential mortgage loans.

BWAY HOLDING CO.: $200 million senior unsecured bridge loan and $565 million senior secured credit facilities; Bank of America Merrill Lynch, Deutsche Bank Securities; to fund buyout of BWAY by Madison Dearborn Partners LLC, valued at $915 million, including the assumption of debt; go-shop period until April 28, 2010; Atlanta-based supplier of general line rigid containers.

CDW CORP.: $1.94 billion notes: $890 million senior unsecured cash-pay notes due 2015 (Caa1/CCC+), $300 million senior unsecured PIK toggle notes due 2015 (Caa1/CCC+) and $750 million senior subordinated notes due 2017 (Caa2/CCC+); J.P. Morgan Securities Inc., Deutsche Bank Securities Inc., Morgan Stanley & Co.; to refinance bridge loan related to LBO; Vernon Hills, Ill., provider of technology products and services.

DYNCORP INTERNATIONAL INC.: $455 million senior unsecured notes and $715 million senior secured credit facility; Bank of America, Citigroup, Barclays Capital, Deutsche Bank Securities; to help fund its acquisition by Cerberus Capital Management LP, expected to close third or fourth quarter of 2010; Falls Church, Va.-based government services provider in support of U.S. national security and foreign policy objectives.

GENON ENERGY: New senior notes and new credit facility; to finance part of its creation through the merger of Mirant Corp. and RRI Energy Inc., expected to close before the end of 2010; GenOn will be a Houston-based power producer.

INEOS GROUP LTD.: Approximately €1 billion in new senior secured high-yield notes and term loans; Barclays Capital and JPMorgan joint coordinators and bookrunners for the loans and solicitation agents for notes; to refinance a portion of its senior loan debt; Lyndhurst, England-based chemical company is expected to seek consent of existing bond and loan-holders during March 15 week.

SPECTRUM BRANDS INC.: $750 million senior secured notes due 2017; Credit Suisse, Bank of America, Deutsche Bank; also $1.05 billion credit facility; to help refinance debt as part of merger with Russell Hobbs Inc.; Atlanta-based consumer products company.

TRIUMPH GROUP INC.: $400 million high-yield notes and $300 million term loan (loan could launch late April or early May; RBC Capital Markets is leading the financing; to fund the acquisition of Vought Aircraft Industries, Inc.; funding also includes $189 million under the existing revolver and accounts receivable securitization facility and $292 million cash on hand; Triumph is a Wayne, Pa.-based designer, engineer, manufacturer and repairer of aircraft components and accessories.

ROADSHOWS

April 8-21: GLOBAL GEOPHYSICAL SERVICES, INC. $200 million; Barclays Capital, Bank of America Merrill Lynch, Credit Suisse.

April 12-21: KAISA GROUP HOLDINGS LTD. $300 million; Citigroup, Credit Suisse, UBS Investment Bank.

April 12-22: ESSAR STEEL HOLDINGS LTD. and GALLOP HOLDINGS LLC Benchmark; UBS Investment Bank, Bank of America Merrill Lynch, Deutsche Bank Securities, Standard Chartered Bank.

April 13-19: CLEAVER-BROOKS, INC. $200 million; J.P. Morgan Securities Inc., UBS Investment Bank.

Pricing mid-April 19 week: INTERNATIONAL WIRE GROUP, INC. $140 million; Wells Fargo Securities.

Started April 15: GLORIOUS PROPERTY HOLDINGS LTD. Dollar-denominated global bonds; Deutsche Bank Securities, JPMorgan, Standard Chartered Bank.

April 19-21: ALLBRITTON COMMUNICATIONS CO. $455 million; Deutsche Bank Securities Inc.

April 19-22: PENN VIRGINIA RESOURCE PARTNERS, LP and PENN VIRGINIA RESOURCE FINANCE CORP. $300 million; Wells Fargo Securities.

April 19-22: TELCORDIA TECHNOLOGIES, INC. $300 million; Credit Suisse Securities, J.P. Morgan Securities Inc., Deutsche Bank Securities Inc.

April 19-26: SYNCREON GLOBAL (IRELAND) LTD.$300 million; JPMorgan, Goldman Sachs & Co.

April 19-28: THERMON INDUSTRIES, INC. $200 million; Jefferies & Co.

April 19-30: AMERICOLD WAREHOUSE INVESTMENT PORTFOLIO LLC $300 million; Goldman Sachs & Co., Deutsche Bank Securities Inc., RBC Capital Markets Corp.

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