High Yield Calendar: $550 million being marketed

June 18 week

ENGILITY CORP.: $250 million seven-year senior notes non-callable for three years (expected B2/BB-); Bank of America Merrill Lynch, Barclays Capital Inc., Credit Agricole Securities (USA) Inc. and Sun Trust Robinson Humphrey, Inc. (joint books); Stifel, Nicolaus & Co. Inc. (co-manager); Rule 144A with registration rights; Chantilly, Va., government services company being spun off from defense contractor L-3 Communications Holdings, Inc.; proceeds along with the proceeds from a new $300 million senior secured credit facility to pay a special cash dividend to L-3; investor call at midday ET Thursday, then roadshow in New York and Boston; pricing expected around the middle of June 18 week.

P.F. CHANG'S CHINA BISTRO INC.: $300 million eight-year senior notes (Caa1/CCC+), non-callable for four years; Deutsche Bank Securities Inc., Wells Fargo Securities LLC, Barclays Capital Inc. (joint books); to help fund the acquisition of the company by Centerbridge Partners LP; Scottsdale, Ariz.-based owner and operator of two restaurant concepts in the Asian niche; roadshow starts June 19, pricing late in June 18 week.

Expected June business

DAVITA INC.: $3.8 billion secured and unsecured debt financing being led by J.P. Morgan Securities LLC; to fund acquisition of HealthCare Partners for approximately $4.42 billion, expected to close early in the fourth quarter of 2012; DaVita is a Denver-based provider of kidney care services.

FRESENIUS SE & CO. KGAA: Approximately €2.1 billion in bonds and €2.7 billion credit facility; Deutsche Bank, JPMorgan, Societe Generale, Credit Suisse and UniCredit; to fund the acquisition of Rhon-Klinikum AG, expected to close during the third quarter of 2012; financing also includes approximately €1 billion through equity instruments; Fresenius is a Bad Homburg, Germany-based provider of dialysis services and products; expected mid-June business.

HOLOGIC INC.: $500 million unsecured notes and $3.3 billion credit facility led by Goldman Sachs & Co.; to fund the $3.7 billion, $82.75 per share, acquisition of Gen-Probe Inc., expected to close during the second half of 2012; Hologic is a Bedford, Mass.-based developer medical diagnostic systems developer and manufacturer; Gen-Probe is a San Diego-based molecular diagnostics developer and manufacturer.

INTERLINE BRANDS INC.: $678 million senior unsecured bridge loans: $303 million opco bridge and $375 million holdco bridge; also $250 million senior secured asset-based revolver; Goldman Sachs Lending Partners LLC and Bank of America Merrill Lynch; to help fund its acquisition by GS Capital Partners LP and P2 Capital Partners LLC, expected to close by the end of the third quarter of 2012 (go-shop period through June 28); Jacksonville, Fla.-based distributor and direct marketer of broad-line maintenance, repair and operations products.

KABEL DEUTSCHLAND GMBH: €600 million high-yield notes; Deutsche Bank, Goldman Sachs International, Morgan Stanley; to help fund the acquisition of Tele Columbus; Unterfoehring, Germany-based cable operator; expected mid-June business.

QR ENERGY, LP and QRE FINANCE CORP.: $300 million senior notes due 2020 (Caa1); Citigroup (left books), Barclays Capital, Credit Agricole CIB, RBC Capital Markets, RBS Securities Inc., Wells Fargo Securities LLC (joint books), Bank of America Merrill Lynch, BMO, Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Scotia Capital, BBVA, Capital One, Comerica, TD Securities, Mitsubishi UFJ Securities, US Bancorp (co's); Rule 144A and Regulation S with registration rights; non-callable for four years; 101% poison put; repay debt under the revolver; Houston-based upstream master limited partnership focused on the exploitation of onshore oil and gas field.

WOW! INTERNET, CABLE & PHONE (KNOLOGY INC.): $1.02 billion senior notes and $2.12 billion credit facility; Credit Suisse Securities (USA) LLC, Morgan Stanley Senior Funding Inc., RBC Capital Markets, SunTrust Robinson Humphrey Inc., Bank of Tokyo-Mitsubishi-UFJ Ltd.; proceeds, in addition to equity contribution, to fund the purchase of Knology; WOW!, an Avista Capital Partners portfolio company, is a Denver-based provider of residential and commercial high-speed internet, cable television and telephone services; expected mid-to-late June business.

On The Horizon

AGS HOLDINGS, LLC and AGS FINANCING CORP. (AMERICAN GAMING SYSTEMS INC.): $150 million senior secured notes due 2017; Credit Suisse (books); Rule 144A for life; non-callable for 2.5 years; three-year 35% equity clawback; 101% poison put; to refinance existing debt and fund the buyout of the Bluberi Gaming Technologies development agreement; Henderson, Nev.-based provider of equipment and services to the gaming industry.

ALIMAK HEK INC.: Possible notes offering; SEB Enskilda, Handelsbanken; Stockholm-based manufacturer of industrial lifts.

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.

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; Energy Transfer is a Dallas-based oil and gas pipeline company.

FOUR SEASONS HEALTH CARE: £525 million high-yield bonds; Barclays plc, Goldman Sachs International; to help fund the £825 million LBO of the company by Terra Firma Capital Partners Ltd., expected to close during the first half of 2012; Wilmslow, England-based care home operator.

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. LLC, 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.

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.: $200 million to $300 million senior secured notes due 2019 (expected B3//BB), downsized from $500 million; J.P. Morgan Securities LLC (sole); Rule 144A and Regulation S for life; non-callable (call protection increased from four years); to finance construction of new PET and PTA production facilities, pay back intercompany debt and fund working capital; Houston-based Mossi & Ghisolfi (M&G) produces polyethylene terephthalate (PET) resin for packaging applications; price talk 10% coupon to yield 12% at an issue price of approximately 90.00.

MEDIA GENERAL INC.: $225 million minimum senior notes; J.P. Morgan Securities LLC, Bank of America Merrill Lynch (joint); $190 million to be used to repay amounts outstanding under the existing credit facility and a to-be-determined amount will be used to fund a liquidity account (term loan maturity extension announced on March 20 was conditioned upon the company's ability to raise $225 million in the high-yield market by May 25, 2012); Richmond, Va.-based diversified media company.

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.

OPI INTERNATIONAL: $160 million first-lien senior secured notes due 2017; Global Hunter Securities; non-callable for three years; to help fund the acquisition of offshore construction vessels and refinance debt; Houston-based services provider to the offshore oil and gas industry; expected May business.

Roadshows

Started June 14: ENGILITY CORP.: $250 million seven-year senior notes

Starts June 19: P.F. CHANG'S CHINA BISTRO INC.: $300 million eight-year senior notes

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