High Yield Calendar: $8.73 billion, €1.89 billion and £1.475 billion being marketed

MAY 9 WEEK

DELPHI CORP. LLP $1.1 billion senior notes (Ba3/BB/): $550 million notes due 2019, non-callable for three years, price talk 6% area, and $550 million notes due 2021, non-callable for five years, price talk 25 bps behind the eight-year notes; J.P. Morgan Securities LLC, Citigroup Global Markets Inc. (joint books), Barclays Capital Inc., Bank of America Merrill Lynch, Deutsche Bank Securities Inc. (joint leads), Credit Suisse Securities (USA) LLC, Goldman Sachs & Co., Morgan Stanley & Co., Scotia Capital, UniCredit; Rule 144A with registration rights; proceeds, along with cash, to fund the repurchase of stock from General Motors and Pension Benefit Guaranty Corp.; Troy, Mich.-based automotive electronics manufacturer; pricing midday Tuesday.

LINN ENERGY, LLC and LINN ENERGY FINANCE CORP.: $750 million senior notes due 2019 (expected ratings B2/B); Citigroup Global Markets Inc. (left bookrunner), Barclays Capital Inc., BNP Paribas, Credit Agricole CIB (European coordinator), RBC Capital Markets, RBS Securities Inc., Wells Fargo Securities, Credit Suisse (joint), BMO Capital Markets, Scotia Capital, UBS Investment Bank (senior co's), Comerica Securities ING, SG CIB, US Bancorp, BBVA, Capital One Southcoast, DnB NOR Markets, Mitsubishi UFJ Securities (co's); Rule 144A and Regulation S with registration rights; non-callable for four years; to fund Texas Panhandle acquisition, to repay revolver debt in full and for general corporate purposes; Houston-based oil and natural gas company; price talk 6¾% area; books close 10 a.m. ET Tuesday, pricing thereafter.

LIONS GATE ENTERTAINMENT INC.: $150 million add-on to 10¼% senior secured second-priority notes due Nov. 1, 2016; J.P. Morgan Securities LLC, Wells Fargo Securities, Barclays Capital Inc., Mitsubishi, Piper Jaffray & Co. plus others; Rule 144A and Regulation S; make-whole call at Treasuries plus 50 bps until Nov. 1, 2013, then callable at 105.125; 35% equity clawback at 110.25% until Nov. 1, 2012; 101% poison put; to repay revolver debt and for general corporate purposes; Vancouver, B.C., developer, producer and distributor of filmed entertainment content; price talk 9½%; original $236 million issue priced at 95.222 to yield 11¼% in October 2009.

EC FINANCE PLC (EUROPCAR): €100 million add-on to 9¾% senior secured notes due Aug. 1, 2017 (B2); Deutsche Bank AG, Credit Agricole CIB, SG-CIB; Natixis Bleichroeder, Royal Bank of Scotland; make-whole call at Bunds plus 50 bps until Aug. 1, 2014, then callable at 104.875; 35% at 109.75 until Aug. 1, 2013; 101% poison put; to refinance debt and fund fleet purchases; Saint Quentin en Yvelines, France-based car rental company; pricing expected Tuesday; original €250 million issue priced at 98.732 to yield 10% in June 2010.

BEFESA ZINC ASER SA: €300 million senior secured notes due 2018 (/B+/); Barclays (global coordinator and joint bookrunner), SG CIB (joint bookrunner); Rule 144A and Regulation S for life; non-callable for three years; to refinance bank debt and fund a dividend to shareholders; Altzaga, Spain-based metals and recycling business.

REFRESCO GROUP €660 million notes due 2018: fixed-rate notes, non-callable for three years, initial guidance 7¾% to 8%, and non-callable floating-rate notes, initial guidance Libor plus 350 to 375 bps; Deutsche Bank AG, Credit Suisse; to refinance debt; Dutch soft drink producer; official price talk expected on Tuesday.

EAGLE PARENT, INC. (EPICOR/ACTIVANT): $465 million senior notes due 2019 (Caa1); Merrill Lynch (lead left), RBC Capital Markets (joint books); Rule 144A with registration rights; non-callable for four years; 101% poison put; proceeds, together with senior secured credit facilities, to fund the acquisition of Epicor Software Corp. and Activant Group Inc.; Epicor is an Irvine, Calif.-based provider of enterprise business software services; Activant is a Livermore, Calif.-based technology provider of ERP and point-of-sale software; roadshow started May 4; global investor call May 5; pricing May 9 week.

UNIT CORP.: $200 million senior subordinated notes due 2021 (expected ratings B3/BB-/BB-); Bank of America Merrill Lynch, BMO Nesbitt Burns (joint), BBVA Securities, Credit Agricole CIB, BNP Paribas, Comerica Investments, BOSC Securities, BB&T Securities (co's); SEC registered; non-callable for five years; 101% poison put; to repay bank debt and for general corporate purposes; Tulsa, Okla.-based oil and gas company; pricing May 9 week.

TFS CORP.: $175 million senior secured notes due 2018 (/B/); Global Hunter Securities, Clarkson Capital Markets, Knight Securities; non-callable for four years; to fund land acquisitions and general corporate purposes; Nedlands, Western Australia-based owner and operator of sandalwood plantations; global roadshow started May 2 in Singapore.

GERRESHEIMER AG: Euro-denominated notes; Commerzbank, Deutsche Bank, Royal Bank of Scotland, UniCredit; Dusseldorf, Germany-based provider of glass and plastic packaging for the pharmaceuticals, laboratory-ware and cosmetics industries; roadshow May 9, pricing soon thereafter.

BARRETT XPLORE INC.: C$230 million senior secured notes due 2017, with warrants to purchase non-voting common shares; UBS Investment Bank (left lead), BMO Nesbitt Burns (joint books); Rule 144A and Regulation S; non-callable for three years; to repay and discharge certain existing credit facilities, to place in escrow funds to make interest payments on the notes, and general corporate purposes; Woodstock, N.B.-based rural broadband provider; roadshow started May 4.

EARTHLINK, INC.: $400 million senior notes due 2019 (mid-single B ratings expected); Deutsche Bank Securities Inc., Bank of America Merrill Lynch, Credit Suisse Securities (USA) LLC; Rule 144A with registration rights; non-callable for four years; 101% poison put; to redeem 3¼% convertibles and for general corporate purposes; Atlanta-based internet service provider; roadshow starts May 6; pricing May 12.

CDRT MERGER SUB, INC. (EMERGENCY MEDICAL SERVICES CORP.): $950 million senior notes due 2019 (expected ratings Caa1/B-); Barclays Capital Inc., Bank of America Merrill Lynch, Deutsche Bank Securities Inc., Morgan Stanley & Co., RBC Capital Markets, UBS Investment Bank, Citigroup Global Markets, Natixis Bleichroeder; Rule 144A and Registration S with registration rights; callable in three years at par plus 75% of coupon; proceeds, along with $1.725 billion credit facility and equity, to fund buyout of the company by Clayton, Dubilier & Rice LLC; Greenwood Village, Colo.-based provider of health care transportation services and outsourced physician services to health care facilities; roadshow May 9-13: Mid-Atlantic States and New Jersey on May 9, New York City on May 10, Boston on May 11, Los Angeles on May 12, San Francisco on May 13.

HOUGHTON MIFFLIN HARCOURT PUBLISHERS INC.: $1.35 billion first-lien notes due 2019 (//B); J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Wells Fargo Securities (joint); non-callable for four years; to repay debt; Boston-based educational publisher; pricing Friday.

CORELOGIC INC.: $350 million senior notes due 2021 (Ba3/B+); J.P. Morgan Securities LLC, Bank of America Merrill Lynch, Wells Fargo Securities LLC, Barclays Capital; Rule 144A and Regulation S; to repay bank debt; Santa Ana, Calif.-based provider of analytics, information and outsourcing solutions for businesses and government; roadshow starts May 9; pricing May 13.

REGENT SEVEN SEAS CRUISES: $200 million second-lien senior secured notes due 2019 (B2); Deutsche Bank Securities Inc. (left books), Barclays Capital Inc., HSBC (joint books), Morgan Joseph, Credit Agricole CIB, DnB NOR, Nordea (co's); Rule 144A with registration rights, non-callable for four years; to repay debt and for general corporate purposes; Fort Lauderdale, Fla., cruise ship company; roadshow starts May 10; pricing May 13.

PAGESJAUNES FINANCE & CO. SCA (PAGESJAUNES GROUPE SA): €350 million senior secured notes due 2018; Goldman Sachs International, Morgan Stanley; Rule 144A and Regulation S; non-callable for three years; to repay bank debt; Sevres, France-based publisher of online and print directories; roadshow starts May 9.

STYROLUTION GROUP GMBH: €480 million senior secured notes due 2016 (expected ratings B2/B+); Barclays Capital, Citigroup (joint); Rule 144A and Regulation S; non-callable for two years; 101% poison put; to fund contribution payment to BASF; Frankfurt, Germany-based styrenics company formed in January 2011 as a joint venture between BASF and Ineos AG; pricing May 13.

JAGUAR LAND ROVER PLC £1 billion equivalent senior notes (B1/B+/BB-): £500 million and $400 million due 2018, non-callable for three years, and $400 million due 2021, non-callable for five years; Citigroup (bill and deliver), Credit Suisse, JPMorgan, Standard Chartered; Rule 144A and Regulation S for life; to refinance debt and for general corporate purposes; Graydon, England-based automobile manufacturer; roadshow London and Boston, May 9, London and New York, May 10, Paris, Edinburgh and U.S. West Coast May 11, Amsterdam May 12.

ODEON & UCI CINEMAS GROUP: £475 million high-yield notes; Bank of America Merrill Lynch; to repay debt, fund acquisitions and general corporate purposes; England-based movie theater operator; roadshow May 10-13.

MAY 16 WEEK

CHRYSLER GROUP LLC and CORPORATE CO-ISSUER: $2.5 billion secured senior notes with eight-year and 10-year maturities; Bank of America Merrill Lynch, Goldman Sachs & Co. (joint physical books), Citigroup Global Markets, Morgan Stanley & Co. (passive books); Rule 144A with registration rights; eight-year notes non-callable for four years; 10-year notes non-callable for five years; also $5 billion credit facility; proceeds, together with the $1.3 billion in proceeds from the recently announced exercise by Fiat of an option to acquire an incremental 16% ownership interest in Chrysler Group, to repay its loans from the U.S. and Canadian governments in full (debt and equity transactions expected to take place concurrently); Auburn Hills, Mich.-based producer of Chrysler, Jeep, Dodge, Ram, Mopar and Fiat vehicles and products; pricing May 16 week.

B-CORP. MERGER SUB, INC., to be merged with and into BAKERCORP INTERNATIONAL, INC.: $240 million senior notes due 2019; Morgan Stanley & Co. Inc., Deutsche Bank Securities Inc. (joint); Rule 144A with registration rights; non-callable for three years; to partially fund the acquisition of BakerCorp by Permira; Moon Township, Pa., engineering design and related consulting services provider for public and private sector clients; roadshow starts May 11; pricing early May 16 week.

LONGVIEW FIBRE PAPER AND PACKAGING, INC.: $450 million senior secured notes due 2016 (expected ratings B2/B+); Bank of America Merrill Lynch, CIBC World Markets (joint); Rule 144A for life; non-callable for two years (special call provision allows issuer to redeem 10% of the notes annually at 103 during the non-call period); proceeds, along with cash on hand, to fund a cash distribution to the company's shareholders; Longview, Wash., manufacturer of corrugated and solid-fiber containers, and other paper products; roadshow starts May 11; pricing May 16 week.

PRIVATE PLACEMENT

WOODBINE ACQUISITION CORP.: $225 million senior secured notes due 2016 with warrants for common shares; Global Hunter Securities, Knight Securities; Regulation D; non-callable for two years; to fund the acquisition of Woodbine Properties and for general corporate purposes; Fort Worth, Texas-based oil and gas exploration and production company; price talk 12% coupon to yield 12¼% and warrants for 50% of the company; best efforts expiring May 31.

EXPECTED MAY BUSINESS

KINDRED HEALTHCARE INC.: $550 million senior notes; J.P. Morgan Securities LLC; part of debt financing for planned acquisition of RehabCare Group, Inc., expected to close June 30, 2011; also includes $1.3 billion credit facility; Kindred Healthcare is a Louisville, Ky.-based health-care services company; expected early May business.

NEWLEAD HOLDINGS LTD.: $120 million senior secured bonds due 2016; Rule 144A and Regulation S; to finance certain vessel purchase commitments, to refinance the debt of certain vessels and for general corporate purposes; Piraeus, Greece-based international, vertically integrated mixed fleet shipping company.

RURAL/METRO CORP.: New high-yield bonds and credit facility; Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc. and Jefferies & Co. are leading the financing; to help fund the acquisition of the company by Warburg Pincus; Scottsdale, Ariz.-based provider of emergency and non-emergency ambulance services and private fire protection services.

SARATOGA RESOURCES INC.: $150 million first-lien senior secured notes; to refinance substantially all of the company's debt; oil & gas development and exploration company with operations in Southern Louisiana and offices in Houston and Covington, La.

ON THE HORIZON

ALPHA NATURAL RESOURCES INC.: Up to $1.7 billion senior notes, also $1.6 billion credit facility; Citigroup and Morgan Stanley are leading the credit facility and the bridge financing; proceeds, along with cash on hand, to fund the acquisition of Massey Energy Co., expected to close mid-2011, refinance $1.4 billion of Massey debt and refinance existing debt at Alpha, including its term loan A; Abingdon, Va.-based Alpha Natural Resources and Richmond, Va.-based Massey are coal companies.

AMC NETWORKS INC. (RAINBOW MEDIA HOLDINGS LLC): New senior notes and senior secured credit facility to finance the spin-off from Cablevision Systems Corp., expected to be completed by mid-2011; proceeds to refinance all existing debt at Rainbow Media as well as to repay $1.25 billion of Cablevision and/or CSC Holdings LLC debt, and for general corporate purposes; Bethpage, N.Y.-based telecommunications, media and entertainment company.

AMERICAN TOWER CORP.: Expected issue of high-yield notes, as part of a refinancing of bank debt maturing in 2012; Boston-based wireless and broadcast communications infrastructure company.

DNO INTERNATIONAL ASA: $200 million to $300 million senior secured bonds due 2016; Pareto Securities AS, ABG Sundal Collier ASA and Fearnley Fonds ASA; for general corporate purposes; Oslo, Norway, oil and gas exploration and production company.

DUOCOMMUN INC.: $200 million senior notes; UBS Securities LLC and Credit Suisse Securities (USA) LLC (joint); also $240 million credit facility; to fund its acquisition of LaBarge Inc., expected to close in the second quarter of 2011, and repay debt; Ducommun is a Carson, Calif.-based provider of engineering and manufacturing services to the aerospace and defense industry.

ENDO PHARMACEUTICALS: New bonds and bank debt via Morgan Stanley and Bank of America Merrill Lynch; to help fund its acquisition of American Medical Systems, expected to close in third quarter of 2011; Endo is a Chadds Ford, Pa.-based specialty health care company.

GALA CORAL GROUP, LTD.: Up to £600 million senior notes with minimum seven-year tenor; Goldman Sachs & Co. and Royal Bank of Scotland expected to be involved; to repay senior secured bank loans; Nottingham, England-based gaming and off-track betting company; expected early 2011 business.

GGC SOFTWARE HOLDINGS INC.: $560 million senior notes and $1.115 billion credit facility; Credit Suisse Securities (USA) LLC, Bank of America Merrill Lynch, Morgan Stanley Senior Funding, Inc., Royal Bank of Canada, Deutsche Bank Securities Inc. are leading the financing; to fund the LBO of Lawson Software by Golden Gate Capital and Infor Global Solutions, expected to close in third quarter of 2011; St. Paul, Minn.-based enterprise software developer.

INTERNATIONAL WIRE GROUP, INC.: $110 million senior secured notes due 2015; to fund one-time distribution to stockholders and option holders; consent solicitation via Wells Fargo Securities, LLC expires on April 1; Camden, N.Y.-based electrical wire manufacturer.

KRUGER INC.: Up to C$210 million PIK toggle notes (upsized from C$200 million); GMP Securities; project finance; Montreal-based paper products manufacturer.

LODGENET INTERACTIVE CORP.: Possible debt financing that could include bonds; to repay bank debt; Sioux Falls, S.D.-based provider of interactive media and connectivity services to the hospitality industry and interactive patient education, information and entertainment systems to health-care facilities; ($435 million six-year senior secured second-lien notes, B3/B/, via Bank of America Merrill Lynch, J.P. Morgan Securities LLC, put on hold Sept. 28 as company announced it is seeking alternatives).

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.

NORWEGIAN ENERGY CO. ASA (NORECO): NOK 550 million to 600 million senior secured bonds due 2016; First Securities, Pareto Securities (joint managers), SEB Merchant Banking (co-manager) for financing of Noreco's share of the costs associated with the Oselvar development and other petroleum activities on the Norwegian continental shelf; Stavanger, Norway-based energy company.

PREMIER FOODS PLC (Ba2/BB/BB): New high-yield bonds; to settle swap agreements, diversify sources of funding and reduce reliance on bank debt; St. Albans, England-based food producer; possibly launching during Feb. 21 week.

SI ORGANIZATION INC.: $175 million senior subordinated notes; J.P. Morgan Securities LLC; to help fund $815 million to help fund Veritas Capital's acquisition of Lockheed Martin Corp.'s Enterprise Integration Group; Valley Forge, Pa.-based provider of engineering, integration services, modeling, simulation, analysis and risk mitigation services to the U.S. intelligence community; possible early 2011 business.

SILGAN HOLDINGS INC.: $400 million senior subordinated notes (with the ability to issue $500 million senior notes) and $4 billion credit facility; Bank of America Merrill Lynch; to help fund the acquisition of Graham Packaging Co. Inc., expected to close in the third quarter of 2011; Silgan is a Stamford, Conn.-based manufacturer of consumer goods packaging products.

ROADSHOWS

Started May 4: EAGLE PARENT, INC. (EPICOR/ACTIVANT) $465 million; Bank of America Merrill Lynch, RBC Capital Markets.

Started May 4: BARRETT XPLORE INC. C$230 million; UBS Investment Bank, BMO Nesbitt Burns.

Starts May 6: EARTHLINK, INC. $400 million; Deutsche Bank Securities Inc., Bank of America Merrill Lynch, Credit Suisse Securities (USA) LLC.

Pricing May 9 week: UNIT CORP. $200 million; Bank of America Merrill Lynch, BMO Nesbitt Burns.

Starts May 9: GERRESHEIMER AG Euro-denominated notes; Commerzbank, Deutsche Bank, Royal Bank of Scotland, UniCredit.

Starts May 9: PAGESJAUNES FINANCE & CO. SCA (PAGESJAUNES GROUPE SA) €350 million; Goldman Sachs International, Morgan Stanley.

Starts May 9: CORELOGIC INC. $350 million; J.P. Morgan Securities LLC, Bank of America Merrill Lynch, Wells Fargo Securities LLC, Barclays Capital Inc.

May 9-12: JAGUAR LAND ROVER PLC £1 billion equivalent; Citigroup, Credit Suisse, JPMorgan, Standard Chartered.

May 9-13: CDRT MERGER SUB, INC. (EMERGENCY MEDICAL SERVICES CORP.) $950 million; Barclays Capital Inc., Bank of America Merrill Lynch, Deutsche Bank Securities Inc., Morgan Stanley & Co., RBC Capital Markets, UBS Investment Bank, Citigroup Global Markets, Natixis Bleichroeder.

Pricing May 13: STYROLUTION GROUP GMBH €480 million; Barclays Capital, Citigroup.

May 10-13: ODEON & UCI CINEMAS GROUP £475 million; Bank of America Merrill Lynch.

Starts May 10: REGENT SEVEN SEAS CRUISES $200 million; Deutsche Bank Securities Inc., Barclays Capital Inc., HSBC.

Starts May 11: LONGVIEW FIBRE PAPER AND PACKAGING, INC. $450 million; Bank of America Merrill Lynch, CIBC World Markets.

Starts May 11: BAKERCORP INTERNATIONAL, INC. $240 million; Morgan Stanley & Co. Inc., Deutsche Bank Securities Inc.

Pricing May 13: HOUGHTON MIFFLIN HARCOURT PUBLISHERS INC. $1.35 billion; J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Wells Fargo Securities.

Pricing May 16 week: CHRYSLER GROUP LLC and CORPORATE CO-ISSUER $2.5 billion; Bank of America Merrill Lynch, Goldman Sachs & Co., Citigroup Global Markets Inc., Morgan Stanley & Co. Inc.

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