High Yield Calendar: $4 billion and €2.15 billion deals being marketed

September 24 week

ALPHA NATURAL RESOURCES, INC.: $500 million 5.5-year senior notes; Citigroup Global Markets Inc. (left books), Barclays, J.P. Morgan Securities LLC, Bank of America Merrill Lynch, RBS Securities Inc. (joint books); SEC registered; non-callable (make-whole at Treasuries plus 50 bps); to tender for a portion of the existing $659.1 million 3º% convertible senior notes due 2015 and to add liquidity to the balance sheet; Bristol, Va.-based coal producer; price talk 10% area; pricing Friday.

NUFARM AUSTRALIA LTD.: $325 million seven-year senior notes (/BB-/), upsized from $300 million; Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Jefferies & Co., UBS Securities Inc. (joint); Rule 144A and Regulation S for life; callable in three years at par plus 75% of coupon; three-year 35% equity clawback; 101% poison put; to repay bank debt; Melbourne, Australia-based crop protection company; price talk 6º% to 6Ω%; books close 10 a.m. ET Friday, pricing thereafter.

PDC ENERGY, INC.: $400 million 10-year senior notes (B3/B-); J.P. Morgan Securities LLC, Bank of America Merrill Lynch, Wells Fargo Securities LLC, BMO Securities, Credit Agricole CIB, RBS Securities Inc., Scotia Capital (joint), Capital One Investment Services LLC, Comerica Securities, Global Hunter Securities, Johnson Rice & Co. LLC, KeyBanc Capital Markets, Natixis Securities, US Bancorp (co's); Rule 144A and Regulation S with registration rights; non-callable for five years; to redeem the 12% notes due 2018, to repay bank debt and for general corporate purposes; Denver-based independent exploration and production company; roadshow starts Sept. 25; price talk 7Ω% to 7æ%; books close at 10 a.m. ET Friday, pricing thereafter.

AGROKOR D.D.: $300 million and €250 million senior notes due January 2020 (B2/B+); JPMorgan (bill and deliver for dollar-denominated notes), BNP Paribas (bill and deliver for euro-denominated notes), BNP, JPMorgan, UniCredit (joint books), Erste, Intesa, RBI, SG CIB (co's); Rule 144A and Regulation S for life; non-callable for three years; to refinance debt; Zagreb, Croatia-based consumer food products company; price talk 9% area on dollar-denominated notes, 9º% area on euro-denominated notes; pricing Friday.

LENDER PROCESSING SERVICES, INC.: $600 million senior notes due 2023 (expected ratings Ba2/BB+); Wells Fargo Securities LLC (left books), J.P. Morgan Securities LLC, Bank of America Merrill Lynch, SunTrust Robinson Humphrey, US Bancorp, Goldman Sachs & Co. (joint books); SEC registered; non-callable for five years; to repurchase 8 1/8% notes due 2016 and repay term loan B; provider of technology and transaction services to the mortgage lending industry; investor call 11 a.m. ET Friday; pricing Friday afternoon.

INTERNATIONAL WIRE GROUP, INC.: $250 million senior secured notes due 2017 (B3/B); J.P. Morgan Securities LLC, Wells Fargo Securities LLC, Jefferies & Co. (joint); Rule 144A and Regulation S for life; non-callable for two years (special call provision allow the issuer to redeem up to 10% of the notes annually at 103 during the non-call period); proceeds, along with advances under the revolver, to retire all senior notes due 2015, and all International Wire Group Holdings, Inc.'s PIK notes, to fund a special distribution to International Wire Group Holdings, the proceeds of which will be used by Holdings to make a distribution and/or a stock repurchase; Camden, N.Y.-based manufacturer and marketer of wire products; roadshow started Sept. 24; pricing expected late Sept. 24 week.

ALGECO SCOTSMAN €1.675 billion: €1 billion senior secured notes due 2019, non-callable for three years, and €675 senior unsecured notes due 2020, non-callable for four years; Deutsche Bank Securities Inc. leading a syndicate which includes Barclays; to repay debt and fund the acquisition of Ausco; Baltimore-based provider focused on modular space and secure storage solutions; pricing expected Sept. 24 week.

October 1 week

IMPACT MEDICAL BV: $135 million second-lien secured notes due 2017 (unrated); Knight Capital (sole); Regulation S only; non-callable for three years; company will consider an equity component to enhance yield; to acquire three Latin American medical device distribution companies and $43 million of EBITDA; Dutch-based orthopedic and cardiovascular medical device distributor will be based in Atlanta (main operations are in Brazil); guidance is 12% area; roadshow underway; pricing expected Oct. 1 week.

GRIFFEY INTERMEDIATE, INC. to be merged with an into ABE INVESTMENT HOLDINGS, INC. and GRIFFY FINANCE SUB, LLC to be merged with and into GETTY IMAGES INC.: $750 million eight-year senior notes (Caa1/CCC+) to be downsized to $550 million upon the finalization of the upsizing of the term loan to $1.9 billion from $1.7 billion; J.P. Morgan Securities LLC, Goldman Sachs & Co., Barclays, Credit Suisse, RBC Capital Markets (joint); HSBC, Nomura (co's); Rule 144A and Regulation S for life; non-callable for three years; to help fund the $3.3 billion purchase of Getty Images by the Carlyle Group and management from Hellman & Friedman and repay existing bank debt; Seattle-based creator and distributor of still imagery, video and multimedia products; roadshow starts Sept. 28; pricing mid-to-late Oct 1 week.

FIRST QUANTUM MINERALS LTD.: $350 million seven-year senior notes; Citigroup Global Markets, Jefferies & Co. (joint global coordinators), BNP Paribas (joint bookrunner); Rule 144A and Regulation S for life; callable in three years at par plus 75% of coupon; for general corporate purposes; Vancouver, B.C.-based mining and metals company; roadshow in London Sept. 28 and Oct. 4 to be led by Citigroup; roadshow on the U.S. east and west coasts Oct. 1-3, to be led by Jefferies.

CRIMSON ENERGY PARTNERS LLC: $185 million senior secured notes due 2017; Global Hunter Securities (sole); Rule 144A with registration rights; non-callable for three years; to repay debt, fund the management buyout and provide development capital; Houston-based energy exploration and production company; roadshow starts Oct. 1 week.

In The Market

PETAQUILLA MINERALS LTD.: $210 million senior secured notes due 2017; Global Hunter Securities (sole); non-callable for two years; to refinance debt and to finance capital expenditures related to the Lomero-Poyatos mine in Spain; Vancouver, B.C.-based Petaquilla Copper is a copper exploration company; to re-launch with roadshow beginning Sept. 24; London roadshow starts Oct. 1.

SPOTTED HAWK DEVELOPMENT LLC: $100 million five-year senior secured notes; Global Hunter Securities (sole books), Knight Capital (co); non-callable for three years; to fund oil production in the Bakken Field Play; New Town, N.D.-based energy exploration and production company; currently being marketed; pricing early September.

Private Placement

LINC USA GP, a Houston-based subsidiary of Australia-based LINC ENERGY LTD.: $265 million senior secured notes due 2017 (high-yield ratings expected); Imperial Capital (lead placement agent), ISM Capital (joint placement agent); true private placement; non-callable for 2.5 years; to repay debt, fund capital expenditures and general corporate purposes; Houston-based energy exploration and production company; roadshow through Sept. 24; pricing expected early-to-mid Sept. 24 week.

Expected September-October Business

CEQUEL COMMUNICATIONS HOLDINGS LLC: $500 million senior unsecured bridge loan priced at Libor plus 700 bps with a 1.25% Libor floor, with 50 bps step-ups every 90 days after closing, subject to a cap of 11% plus 25 bps on Nov. 15 if closing has not occurred; Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Goldman Sachs & Co. and RBC Capital Markets LLC; to be replaced with an equivalent amount of high-yield debt securities; to help fund the buyout of the company by BC Partners and CPP Investment Board, expected to close in the fourth quarter of 2012; St. Louis-based provider of television, high-speed internet and telephony services; expected late third quarter or early fourth-quarter business.

HERTZ GLOBAL HOLDINGS INC.: Expected $1.95 billion financing; Barclays, Bank of America Merrill Lynch and Deutsche Bank; to help fund the acquisition of Dollar Thrifty Automotive Group Inc., expected to close in mid-to-late October (majority of the financing will be done in bonds but a piece will be done as a term loan within the current credit agreement's Most-Favored-Nation language); Hertz is a Park Ridge, N.J.-based auto and equipment rental company; bonds expected in late September or early October.

LIN TELEVISION CORP.: $265 million senior notes; J.P. Morgan Securities LLC; proceeds, along with a revolver draw, to fund the purchase of broadcast and other related assets for 13 network affiliates owned by New Vision Television; Providence, R.I.-based local television and digital media company; expected early September business.

PLAINS EXPLORATION & PRODUCTION CO.: $2 billion senior notes and $5 billion credit facility; J.P. Morgan Securities LLC, Barclays, Bank of America Merrill Lynch, BMO Capital Markets Corp., Citigroup Global Markets Inc., RBC Capital Markets LLC, Scotia Capital (USA) Inc., TD Securities (USA) LLC, Wells Fargo Securities LLC; to fund acquisition of a 50% working interest in the Holstein Field, to fund the purchase of oil and natural gas interests in the Gulf of Mexico from BP Exploration & Production Inc., to refinance debt and for general corporate purposes; Houston-based oil and gas company; expected September business.

SHELF DRILLING INTERNATIONAL HOLDINGS, LTD.: $475 million senior secured notes and $75 million term loan; Jefferies & Co. (bookrunner and arranger for term loan and bookrunner on the bonds); proceeds, along with $645 million of equity, to finance the acquisition of 38 drilling rigs from Transocean Inc. for $1.05 billion; Shelf Drilling is a newly formed international shallow water offshore drilling contractor sponsored by Castle Harlan, Champ Private Equity, and Lime Rock Partners; roadshow to start in early October.

TDF GROUP (TELEFFUSION DE FRANCE): Euro-denominated high-yield bonds; BNP Paribas expected to be involved; to refinance debt; Paris-based multiple-platform telecommunications company; expected as early as the Sept. 3 week.

On The Horizon

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.

FTS INTERNATIONAL, INC.: $400 million secured notes to repay term loan; company is soliciting consents from holders of its 7 1/8% notes due 2018 to amendments to the indenture governing the notes, Bank of America Merrill Lynch and Citigroup Global Markets Inc. are the solicitation agents; provider of well completion services for the oil and gas industry with corporate offices in Fort Worth and Cisco, Texas; expected Autumn 2012 business.

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.

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.

PPG COMMODITY CHEMICALS: $660 million notes and $240 million term loan in connection with its spin-off from PPG Industries and merger with Georgia Gulf Corp., expected to occur in late 2012 or early 2013; Barclays and J.P. Morgan Securities LLC have provided the debt commitment; PPG Commodity Chemicals is a producer of chlorine, caustic soda and related chemicals; PPG is Pittsburgh-based coatings and specialty products company.

SILVERLEAF RESORTS, INC.: $175 million senior secured notes due 2019; Deutsche Bank Securities Inc.; non-callable for three years; to pre-fund development of vacation ownership inventory, to refinance a portion of the company's existing debt, to pay a dividend to the sponsor; Dallas-based resort operator.

TEMPUR-PEDIC INTERNATIONAL INC.: $350 million senior notes and $1.77 billion credit facilities; Bank of America Merrill Lynch (lead arranger and bookrunner); to help fund its acquisition of Sealy Corp. for $2.20 per share including repayment of all of Sealy's outstanding convertible and non-convertible debt, for a total transaction value of about $1.3 billion, expected to close in the first half of 2013; Tempur-Pedic is a Lexington, Ky.-based bedding manufacturer; Sealy is a Trinity, N.C.-based bedding manufacturer.

TPC GROUP INC.: Up to $600 million senior secured notes and $250 million senior secured asset-based revolver; Bank of America Merrill Lynch, Morgan Stanley Senior Funding Inc. and Jefferies Finance LLC; to help fund its acquisition by First Reserve Corp. and SK Capital Partners; expected to close in the fourth quarter; TPC Group is a Houston-based processor and service provider of value-added products derived from niche petrochemical raw materials; expected late third quarter or early fourth quarter business.

Roadshows

Started Sept. 24: NUFARM AUSTRALIA $300 million; Credit Suisse, Deutsche Bank, Jefferies, UBS.

Started Sept. 24: PETAQUILLA $210 million; Global Hunter.

Started Sept. 24: INTERNATIONAL WIRE GROUP $250 million; JPMorgan, Wells Fargo, Jefferies.

Started Sept. 24: AGROKOR €475 million; BNP, JPMorgan, UniCredit.

Started Sept. 25: PDC ENERGY $400 million; JPMorgan, Bank of America Merrill Lynch, Wells Fargo, BMO, Credit Agricole, RBS, Scotia.

Pricing Oct. 1 week: IMPACT MEDICAL BV $135 million; Knight Capital.

Expected to begin Oct. 1 week: CRIMSON ENERGY PARTNERS $185 million; Global Hunter Securities.

Early October: SHELF DRILLING INTERNATIONAL HOLDINGS, LTD. $475 million; Jefferies.

Starts Sept. 28: FIRST QUANTUM MINERALS $350 million; Citigroup, Jefferies, BNP.

Starts Sept. 28: GETTY IMAGES $750 million; JPMorgan, Goldman Sachs, Barclays, Credit Suisse, RBC.

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