High Yield Calendar: $530 million deals being marketed

January 9 Week

SOPHIA LP (DATATEL INC./SUNGARD HIGHER EDUCATION): $530 million senior notes due 2019 (Caa1/CCC+); J.P. Morgan Securities LLC, Bank of America Merrill Lynch, Barclays Capital Inc., Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC; non-callable for three years; to help fund the acquisition of SunGard Higher Education by Hellman & Friedman LLC and the concurrent merger with Datatel, for $1.78 billion in cash; SunGard Higher Education is a Malvern, Pa.-based provider of software and services to higher education; Datatel is a Fairfax, Va.-based provider of technology products and services to higher education; expected to price during the middle part of the Jan. 9 week.

Expected January Business

PHYSIO-CONTROL: $315 million senior secured notes; Citigroup Global Markets Inc., RBC Capital Markets; to help fund the LBO of the company by Bain Capital from Medtronic Inc.; Redmond, Wash.-based provider of emergency medical response technology for use in the intervention and treatment of cardio-respiratory and other medical emergencies; expected during Jan. 9 week.

POLKOMTEL SA: €900 million notes; Deutsche Bank AG, Credit Agricole CIB, Royal Bank of Scotland, SG CIB, PKO Bank Polski; to take out bridge financing backing the $5.5 billion equivalent acquisition of Polkomtel by investor Zygmunt Solorz-Zak; Poland's second-largest mobile-phone company, based in Warsaw; conference calls with U.S. accounts set for Jan. 9 week; possible pricing Jan. 9 week.

SAMSON INVESTMENT CO.: $2.25 billion of senior notes to help fund acquisition of company by Kohlberg Kravis Roberts & Co. LP, Natural Gas Partners, Crestview Partners and Itochu Corp.; also $2.25 billion ABL credit facility; J.P. Morgan Securities LLC, Bank of America Merrill Lynch, Barclays Capital Inc., BMO Capital Markets, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Jefferies & Co. Inc., Mizuho Securities USA, Inc., RBC Capital Markets LLC, Wells Fargo Securities LLC; Tulsa, Okla.-based private exploration and production company; expected to launch during the second week of January.

PRESTIGE BRANDS HOLDINGS INC.: $290 million senior notes and $670 million credit facility; Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., and RBC Capital Markets LLC; to fund the acquisition of 17 over-the-counter GlaxoSmithKline plc brands; Irvington, N.Y.-based marketer of branded consumer products; bridge syndication expected to begin Jan. 2 week; bonds are possible late January business.

Expected First Quarter of 2012

GLOBALIVE WIRELESS MANAGEMENT CORP.: Up to $1 billion equivalent in U.S. dollar- and Canadian dollar-denominated notes; Credit Suisse Securities (USA) LLC, Morgan Stanley & Co., BMO Capital Markets Corp.; Rule 144A; to fund expansion of its wireless network and for general corporate purposes; Toronto-based wireless communications services provider; expected during first quarter of 2012.

UNITED RENTALS INC. $2.2 billion: $650 million senior secured notes and $1.55 billion senior unsecured notes; Morgan Stanley Senior Funding Inc., Bank of America Merrill Lynch and Wells Fargo; to help fund the acquisition of RSC Holdings Inc., closing expected in the first half of 2012; United Rentals is a Greenwich, Conn.-based equipment rental company; bridge syndication expected in January; bonds expected in March or April.

On the Horizon

ACCO BRANDS CORP.: $270 million senior notes and $845 million credit facility; Barclays Capital Inc., Bank of America Merrill Lynch and BMO Capital Markets Corp.; to fund its merger with MeadWestvaco's office supplies business, repay ACCO's 10 5/8% senior secured notes and for ongoing working capital; ACCO Brands is a Lincolnshire, Ill.-based office supply manufacturer; merger expected to close during the first half of 2012.

CKX ENTERTAINMENT, INC.: $360 million senior secured second-lien notes due 2019 (/B-/); Goldman Sachs & Co. (left books), Macquarie Group Ltd. (joint books); Rule 144A and Regulation S; non-callable for four years; to fund the purchase of common stock and repay existing credit facility; New York City-based owner and developer of entertainment content; possible business for the first quarter of 2012.

DIAMOND FOODS INC.: $300 million notes; also $1.75 billion credit facility; Bank of America Merrill Lynch; to help fund merger with Pringles Co., expected to close by the end of 2011; Diamond Foods is a San Francisco-based packaged food company. Pringles is a potato crisp brand.

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 oil and gas exploration and production company.

ENDEAVOR INTERNATIONAL CORP.: $500 million high-yield notes; Citigroup Global Markets Inc.; to fund the acquisition of ConocoPhillips' interest in three producing U.K. oil fields in the Central North Sea and to retire existing term loan debt, expected to close during the first half of 2012; Endeavour is an oil and gas exploration and production company.

ENERGY TRANSFER EQUITY, LP: $3.2 billion high-yield bonds to help complete the $7.9 billion merger of Energy Transfer and Southern Union Co., including repayment of $3.7 billion of Southern Union debt, expected to close in the first quarter of 2012; Energy Transfer is a Dallas-based oil and gas pipeline company.

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

M&G FINANCE CORP.: $500 million senior notes due 2018 (expected ratings B3//BB); J.P. Morgan Securities LLC (books); Rule 144A and Regulation S for life; non-callable for four years; to fund capital expenditures, to repay debt, to provide liquidity and for working capital; Houston-based Mossi & Ghisolfi (M&G) produces polyethylene terephthalate (PET) resin for packaging applications.

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.

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

POST HOLDINGS INC.: $775 million senior notes and $350 million credit facility in connection with its separation from Ralcorp Holdings; to fund a distribution to Ralcorp which Ralcorp will then use to reduce debt, pursue private brand acquisitions and for additional share repurchases; St. Louis-based ready-to-eat cereal manufacturer.

SPIE: Expected €300 million to €400 million notes; Morgan Stanley, HSBC, SG CIB, Credit Agricole CIB, Deutsche Bank; proceeds along with approximately €1 billion of bank debt to help fund the LBO of the company by Clayton Dubilier & Rice, Axa Private Equity and Caisse de Depot et Placement du Quebec from PAI Partners from PAI Partners; France-based mechanical engineering firm; LBO closed on Aug. 30; bridge loan funded as leads await opportunity to sell the bonds.

TAMINCO GROUP HOLDINGS: $350 million high-yield bonds and $500 million credit facility; Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc., UBS Securities LLC, Nomura; to help fund its acquisition by Apollo Global Management LLC from CVC Capital Partners for about €1.1 billion, expected to close in the first half of 2012; Belgium-based producer of alkylamines and their derivatives.

TRINSEO MATERIALS OPERATING SCA: $450 million six-year senior notes (B3/B), non-callable for three years (structure changed from seven-year non-call-four); Barclays Capital Inc. (left lead), Deutsche Bank Securities Inc., BMO Securities, Citigroup Global Markets Inc., Goldman Sachs & Co., HSBC; Rule 144A and Regulation S with registration rights; non-callable for four years; to repay bank debt and for general corporate purposes; diversified chemical company; price talk 12¼% area, including about 3 points of OID; roadshow was in late November 2011; likely business for the first quarter of 2012.

WII COMPONENTS, INC.: New subordinated notes and new credit facility; to fund a tender offer and consent solicitation for its $105.85 million of 10% senior notes due 2012, consent deadline July 7, 2011; St. Cloud, Minn., cabinet manufacturer.

Roadshow

Pricing mid-Jan. 9 week: SOPHIA LP (DATATEL INC./SUNGARD HIGHER EDUCATION) $530 million; J.P. Morgan Securities LLC, Bank of America Merrill Lynch, Barclays Capital Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC.

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