High Yield Calendar

Total amount of dollar-denominated high-yield bond offerings being marketed: $5.14 billion

WEEK OF JUNE 9

QUALITY DISTRIBUTION, LLC/QD CAPITAL CORP.: $175 million senior secured notes due 2008 (Caa1/B-); Credit Suisse First Boston (books), Deutsche Bank Securities (co); Rule 144A; non-callable for three years; to repay bank debt; Tampa, Fla. operator of tank truck fleets; price talk 12¾%-13%.

XM SATELLITE RADIO: $125 million senior secured notes due 2010 (Caa1/CCC+); Bear Stearns; Rule 144A; non-callable for four years; for interim advances for satellite launches and to retire and refinance debt; Washington, D.C.-based satellite radio service; price talk 12% area; pricing Thursday.

IPSCO INC. $150 million senior notes due 2013 (Ba3/BB+); UBS Warburg, RBC (joint books), ABN Amro, CIBC World Markets, TD Securities, Wells Fargo (co's); Rule 144A; to repay credit facility, to redeem 10.58% notes and for general corporate purposes; Regina, Saskatchewan steel producer; roadshow June 3-12; price talk 8 7/8%-9 1/8%; pricing Friday morning

WORLD RESTAURANT GROUP, INC.: $160 million senior secured notes due 2008 (B3/B-); Jefferies & Co.; Rule 144A; to repay debt including senior secured increasing-rate notes due June 2006; Hamilton, N.J. restaurant operator; price talk 12½% plus or minus 25 basis points.

DOMINO'S, INC.: $450 million senior subordinated notes due 2011 (B3/B-); JP Morgan; Rule 144A/Regulation S; to pay a dividend to the owners and take out a tranche of preferred stock; pizza chain operator is headquartered in Ann Arbor, Mich.; roadshow started during the week of June 2.

COOPERATIVE COMPUTING, INC: $175 million senior notes due 2011 (B2/B+); JP Morgan; Rule 144A; non-callable for four years; to repurchase shares and repay debt; Austin, Texas provider of enterprise systems and information services for automotive aftermarket; roadshow began May 30.

LODGENET ENTERTAINMENT CORP.: $185 million of senior subordinated notes due 2013 (B3/B-); Bear Stearns (books) UBS Warburg, CIBC World Markets (co's); off-the-shelf; non-callable for five years; 35% equity clawback for up to three years; to repay debt; Sioux Falls, S.D. broadband interactive services provider to lodging industry; roadshow June 5-11.

http://www.sec.gov/Archives/edgar/data/911002/000095013403008834/c77401b5e424b5.htm

WEEK OF JUNE 16

OFFSHORE LOGISTICS, INC.: $200 million senior notes due 2013 (Ba3/BB+); Credit Suisse First Boston (books), Deutsche Bank Securities, Howard Weill Labouisse Fredericks, Jefferies, Johnson Rice, Robert Baird; Rule 144A; non-callable for five years; to redeem notes and convertibles; company is based in Lafayette, La.; roadshow started June 10; pricing early in the week of June 16.

LE-NATURE'S, INC.: $150 million senior subordinated notes due 2013 (B-); Wachovia Securities; non-callable for five years; repay bank debt and general corporate purposes; Latrobe, Pa. manufacturer of flavored bottled water and other beverages; roadshow started June 10; pricing early to middle of June 16 week.

GERDAU AMERISTEEL CORP.: $400 million senior notes due 2011 (B2/B+); JP Morgan, Banc of America Securities (joint), CIBC World Markets (co); Rule 144A; non-callable for four years; also $350 million credit facility; to repay debt; Toronto minimill steel producer; roadshow June 10-19.

XEROX CORP. $1 billion (approximate) of senior unsecured notes due 2010 and 2013; Deutsche Bank Securities, Citigroup, Goldman Sachs, JP Morgan, Merrill Lynch, UBS Warburg (books); also 40 million common shares, $650 million mandatory convertible preferreds; $1 billion credit facility; to repay bank debt; roadshow starts June 20; pricing expected June 19.

PSYCHIATRIC SOLUTIONS, INC.: $150 million senior subordinated notes due 2013 (B3/B-); Lehman Brothers, Merrill Lynch (joint); Rule 144A; non-callable for five years; to fund acquisition of Ramsay Youth Services, Inc., to refinance debt and repay Ramsay debt.; Franklin, Tenn.-based company; roadshow started June 11; pricing late in the week of June 16.

MOBILE MINI, INC.: $150 million of senior notes due 2013; Deutsche Bank Securities, CIBC World Markets (joint), JP Morgan, Fleet Securities (co's); Rule 144A; non-callable for five years; to repay a portion of its approximately $222 million of revolver debt and to pay related interest rate swap unwind fees; portable storage company based in Tempe, Ariz.; roadshow June 12-20.

DANKA BUSINESS SYSTEMS PLC: $175 million senior notes due 2010 (B2/B+); Bear Stearns; Rule 144A; to repay credit facility, to redeem zero-coupon senior subordinated notes due 2004 and for general corporate purposes; document services-provider based in St. Petersburg, Fla.; roadshow begins Wednesday or Thursday; pricing expected late in the week of June 16 or early in the week of June 23

WEEK OF JUNE 23

ALARIS MEDICAL INC.: $200 million senior subordinated notes due 2011 (B3/B-); Bear Stearns, Citigroup, UBS Warburg (joint), CIBC World Markets, Jefferies & Co. (co's); off the shelf; non-callable for four years; three year equity clawback for 35%; also new $265 million credit facility and 9.1 million common shares offering; to repurchase existing debt and general corporate purposes; San Diego company develops solutions for medication safety; roadshow June 13-25.

http://www.sec.gov/Archives/edgar/data/817161/000104746903020972/a2112641z424b2.htm

JUNE BUSINESS

WORLDSPAN LP: $315 million senior notes due 2011; Lehman Brothers, Deutsche Bank Securities (joint); non-callable for four years; also $150 million credit facility; to help fund the LBO of Worldspan from its three airline owners by Travel Transaction Processing Corp., a company formed by Citigroup Venture Capital Equity Partners LP and Teachers' Merchant Bank; Atlanta travel technology resource; roadshow starts week of June 16.

HEIDELBERGCEMENT AG: €500 million senior notes due 2010 (existing ratings Ba1/BB+); Deutsche Bank Securities, Citigroup, Royal Bank of Scotland (joint); Rule 144A/Regulation S; non-callable for four years; to refinance debt; premarketing began June 11; reds go out late in the week of June 16, with roadshow to follow.

PHARMA SERVICES: $450 million senior subordinated notes (B3); Citigroup; also $425 million credit facility; to fund the LBO of Quintiles; Durham, N.C. provider of product development and commercial development solutions to pharmaceutical, biotechnology and medical device industries.

SECOND QUARTER

RIVERWOOD HOLDING INC./GRAPHIC PACKAGING INTERNATIONAL CORP.: $1.5 billion financing in high yield bonds and bank debt; notes via Goldman Sachs, Deutsche Bank Securities, JP Morgan (joint) credit facility lead by JPMorgan, Deutsche Bank, Goldman Sachs and Morgan Stanley (equal leads in financing), Citigroup, Credit Suisse First Boston (co's); to fund merger of Riverwood Holding Inc. and Graphic Packaging International Corp.

RESOURCE AMERICA, INC.: $30 million of senior notes due 2008; Bear Stearns and Friedman Billings Ramsey (joint); registered; callable on Aug. 1, 2006 at 106; concurrently company will offer up to $65.336 million of new notes in exchange for all outstanding 12% senior notes due 2004; Philadelphia-based oil and natural gas company.

http://www.sec.gov/Archives/edgar/data/83402/000095011603001564/s3.txt

LOEWS CINEPLEX THEATRES: senior subordinated notes; Rule 144A; coming with senior credit facility and IPO; IPO via Goldman Sachs, Citigroup, Credit Suisse First Boston and Merrill Lynch; to repay debt and for general corporate purposes; motion picture exhibitor headquartered in New York City.

JULY BUSINESS

MEDCO HEALTH SOLUTIONS, INC.: $500 million senior notes due 2013; Goldman Sachs, JP Morgan, Citigroup; also $1.15 billion senior secured credit facility; public; callable; 35% equity clawback for three years; to help pay cash dividend to Merck; roadshow expected in July.

http://www.sec.gov/Archives/edgar/data/1170650/000119312503008107/ds1a.htm

ON THE HORIZON

VANTICO GROUP SA: $325 million of senior secured notes; Rule 144A; also $75 million credit facility; part of debt restructuring.

WACKENHUT CORRECTIONS CORP.: new debt; company also has committed financing from BNP Paribas that will involve a restructuring of the existing senior credit facility; to repurchase all 12 million shares of common stock held by Group 4 Falck A/S, its 57% majority shareholder for $132 million in cash; closing anticipated by the end of June 2003.

SEMINIS INC.: $175 million (minimum) high-yield bonds; also new credit facility led by Citigroup and Bank of Montreal; part of merger agreement with Savia, SA de CV

POWER CONTRACT FINANCING LLC (Calpine Corp.): $800 million senior secured notes due 2010 (BBB); to fund capital expenditures; secured by fixed cash flows from one of Calpine Energy Services' fixed-priced, long-term power sales agreements with California Department of Water Resources and a new fixed-priced, long-term power purchase agreement with a third party.

CENTENNIAL COMMUNICATIONS CORP.: $250 million senior notes due 2008; Rule 144A/Regulation S; to repay bank debt and general corporate purposes; Wall, N.J.-based wireless communications company

VOUGHT AIRCRAFT INDUSTRIES: $250 million senior notes; Goldman Sachs, Lehman Brothers; also $60 million revolver; to help fund merger between Vought and The Aerostructures Corp.

AMERICAN COLOR GRAPHICS INC.: $280 million senior second secured notes due 2010; Rule 144A; to redeem 12¾% senior subordinated notes due 2005, repay credit facility, repurchase all outstanding preferred shares and cancel all outstanding options to purchase preferred stock of ACG Holdings, Inc.; firm is based in Brentwood, Tenn.

NEXTEL PARTNERS, INC.: $425 million senior notes; Rule 144A; to finance tender offer for its 14% senior discount notes due 2009 via dealer managers Credit Suisse First Boston and Morgan Stanley; digital wireless communications services company based in Kirkland, Wash.

ROADSHOWS

Started May 30: COOPERATIVE COMPUTING, INC. $175 million; JP Morgan; Rule 144A; 8NC4

Started week of June 2: DOMINO'S, INC. $450 million; JP Morgan; Rule 144A/Regulation S; 8-year maturity

June 5-11: LODGENET ENTERTAINMENT CORP. $185 million; Bear Stearns; shelf; 10NC5

Started June 10: LE-NATURE'S, INC. $150 million; Wachovia Securities; 10NC5

Started June 10: OFFSHORE LOGISTICS, INC. $200 million; Credit Suisse First Boston, Deutsche Bank Securities; Rule 144A; 10NC5

June 10-19: GERDAU AMERISTEEL CORP. $400 million; JP Morgan, Banc of America Securities; Rule 144A; 8NC4

Started June 11: PSYCHIATRIC SOLUTIONS, INC. $150 million; Lehman Brothers, Merrill Lynch; Rule 144A; 10NC5

Starts June 11 or 12: DANKA BUSINESS SYSTEMS PLC $175 million; Bear Stearns; Rule 144A; 7-year maturity

June 12-20: MOBILE MINI, INC. $150 million; Deutsche Bank Securities, CIBC World Markets; Rule 144A; 10NC5

June 13-25: ALARIS MEDICAL INC. $200 million; Bear Stearns, Citigroup, UBS Warburg; off-the-shelf; 8NC4

Starts June 13: XEROX CORP. $1 billion (approximate); Duetsche Bank Securities, Citigroup, Goldman Sachs, JP Morgan, Merrill Lynch, UBS Warburg; 7- and 10-year maturities

Starts week of June 16: WORLDSPAN LP $315 million; Lehman Brothers, Deutsche Bank Securities; 8NC4

Expected to begin in June: HEIDELBERGCEMENT AG €500 million; Deutsche Bank Securities, Citigroup, Royal Bank of Scotland; Rule 144A/Regulation S; 7NC4

Starts in July: MEDCO HEALTH SOLUTIONS, INC. $500 million; Citigroup, JP Morgan, Goldman Sachs; 10-year maturity

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