High Yield Calendar: $4.305 billion deals being marketed

APRIL 19 WEEK

ALLBRITTON COMMUNICATIONS CO.: $455 million senior unsecured notes due 2018 (expected B3 or better/confirmed B); Deutsche Bank Securities Inc. (left books), Bank of America Merrill Lynch (joint books); Rule 144A with registration rights; non-callable for four years; to repay existing 7¾% senior subordinated notes due 2012; Arlington, Va.-based owner and operator of television stations; price talk 8% to 8¼% with 0-1 point OID; pricing Thursday.

PENN VIRGINIA RESOURCE PARTNERS, LP and PENN VIRGINIA RESOURCE FINANCE CORP.: $300 million senior notes due 2018 (B2/B); Wells Fargo Securities (left lead), Bank of America Merrill Lynch, J.P. Morgan Securities Inc., RBC Capital Markets Corp. (joint books); SEC registered; non-callable for four years; to repay a portion of the revolver; Radnor, Pa.-based partnership manages coal and natural resource properties and gathers and processes natural gas in the United States; price talk 8¼% to 8½% with approximately 0-1 point OID; books close 11:30 a.m. ET on Thursday, pricing thereafter.

GLOBAL GEOPHYSICAL SERVICES, INC.: $200 million senior notes due 2017 (B3/B/); Barclays Capital Inc., Bank of America Merrill Lynch, Credit Suisse Securities (joint); Rule 144A with registration rights; non-callable for four years; to refinance credit facility and for general corporate purposes; concurrent with IPO; Missouri City, Texas-based seismic data services provider; price talk 11% to 11¼%.

LIVE NATION ENTERTAINMENT, INC.: $250 million senior unsecured notes due 2018 (B1); J.P. Morgan Securities Inc., Goldman Sachs & Co., Deutsche Bank Securities Inc. (joint), Bank of America Merrill Lynch, RBS Securities Inc., Scotia Capital, Wells Fargo Securities (co's); Rule 144A/Regulation S for life; non-callable for four years; to repay bank debt and take out preferred stock; Beverly Hills, Calif.-based producer of live music concerts; roadshow April 20-22; pricing April 22.

ESSAR STEEL HOLDINGS LTD. and GALLOP HOLDINGS LLC: Benchmark dollar denominated senior unsecured notes due 2017 (B2/B); UBS Investment Bank, Bank of America Merrill Lynch, Deutsche Bank Securities, Standard Chartered Bank (joint); Rule 144A/Regulation S for life; non-callable for four years; to refinance existing debt, fund capital expenditures and acquisitions, and for general corporate purposes; vertically integrated global steel producer based in Mumbai, India; roadshow April 12-22.

TELCORDIA TECHNOLOGIES, INC.: $300 million of second-lien senior secured notes due 2018 (/CCC+/); Credit Suisse Securities, J.P. Morgan Securities Inc., Deutsche Bank Securities Inc. (joint); Rule 144A for life; callable in year four at par plus one-half of coupon; to refinance existing senior secured floating-rate notes due 2012 and 10% senior subordinated notes due 2013; Piscataway, N.J.-based developer of fixed, mobile and broadband communications software and services; roadshow April 19-22; pricing April 22.

PHILLIPS-VAN HEUSEN CORP.: $525 million senior notes due 2020 (B2/BB); Barclays Capital Inc., Deutsche Bank Securities Inc., Bank of America Merrill Lynch, Credit Suisse, RBC Capital Markets Corp. (joint), BBVA Securities, Credit Agricole, Fortis Investments, HSBC Securities, Scotia Capital, SunTrust Robinson Humphrey Inc., US Bank (co's); SEC registered; non-callable for five years; to partially fund the acquisition of Tommy Hilfiger and to fund repurchase of the 7¼% notes due 2011 and the 8 1/8% senior notes due 2013; New York-based apparel company; roadshow April 21-23.

GLORIOUS PROPERTY HOLDINGS LTD.: Dollar-denominated global bonds (expected B1/confirmed B); Deutsche Bank Securities, JPMorgan, Standard Chartered Bank; Hong Kong-based mainland China property developer; roadshow started April 15.

APRIL 26 WEEK

SYNCREON GLOBAL (IRELAND) LTD.: $300 million senior unsecured notes due 2018 (B3/B); J.P. Morgan Securities Inc., Goldman Sachs & Co. (joint), KBC Bank; Rule 144A/Regulation S for life; non-callable for four years; to repay debt and for general corporate purposes; Auburn Hills, Mich.-based logistics and supply chain solutions service provider; roadshow April 20-26; investor call 12:30 p.m. ET April 21.

THERMON INDUSTRIES, INC.: $200 million senior secured notes due 2017 (mid-to-high single-B ratings expected; Jefferies & Co. (sole books), KeyBanc Capital Markets (joint lead), and BMO Nesbitt Burns (co-manager); Rule 144A with registration rights; non-callable for four years; to partly fund the acquisition of the company by Code Hennessy and to repay certain existing debt; San Marcos, Texas-based industrial company that serves global infrastructure end-markets through its full line of heat tracing solutions. Its end markets include energy, chemical processing, power generation and industrial and commercial infrastructure; roadshow April 19-28.

AMERICAN RENAL HOLDINGS INC.: $225 million senior secured notes due 2018; Bank of America Merrill Lynch, Barclays Capital Inc., Wells Fargo Securities (joint); Rule 144A with registration rights; non-callable for three years; 101% poison put; proceeds to be deposited into escrow account and, upon release, to be used in conjunction with a cash equity investment from Centerbridge Partners LP, to fund the acquisition of the company and repay debt; Beverly, Mass.-based provider of kidney dialysis services; roadshow April 21-28, pricing thereafter.

PENSON WORLDWIDE, INC.: $200 million senior secured second-lien notes due 2017 (B1/BB-); J.P. Morgan Securities Inc., UBS Investment Bank (joint), Morgan Keegan & Co. Inc., JMP Securities (co's); Rule 144A/Regulation S for life; non-callable for four years; to repay credit facility and make a capital contribution to regulated subsidiaries; Dallas-based provider of securities clearing, margin lending and other related services to the brokerage industry; roadshow April 21-27; pricing expected April 28.

SOUTHERN STATES COOPERATIVE, INC.: $125 million senior notes due 2015 (B3/expected B+); Jefferies & Co. (sole); Rule 144A for life; non-callable for three years; to refinance outstanding senior notes due 2011 and make a contribution to its pension plan; Richmond, Va.-based supplier of agricultural products and services east of the Mississippi River; roadshow April 21-29.

COOPER-STANDARD AUTOMOTIVE INC.: $450 million senior notes due 2018; Deutsche Bank Securities Inc. (left books), Bank of America Merrill Lynch, Barclays Capital Inc., UBS Investment Bank (joint books); Rule 144A with registration rights; non-callable for four years; to repay debtor-in-possession loan and other debt; Novi, Mich., manufacturer and marketer of systems and components for the automotive industry; roadshow April 22-29.

AMERICOLD WAREHOUSE INVESTMENT PORTFOLIO LLC: $300 million senior secured notes due 2020; Goldman Sachs & Co., Deutsche Bank Securities Inc., RBC Capital Markets Corp.; Rule 144A with registration rights; non-callable for five years (up to 10% of issue redeemable annually at 103.0, until 2013); proceeds, in addition to proceeds from concurrent IPO, to fund acquisition of assets from Versacold and for general corporate purposes; Atlanta-based temperature controlled warehouse real estate investment trust; roadshow April 19-30.

DSW HOLDINGS, INC.: $475 million senior secured notes due 2017 (B3/CCC+); Morgan Stanley & Co. Inc., J.P. Morgan Securities Inc., Barclays Capital Inc. (joint), Jefferies & Co. (co); Rule 144A for life; non-callable for three years; proceeds, together with cash on hand, to repay certain outstanding debt; holding company for Atlanta-based DS Waters of America, Inc., a manufacturer and distributor of home, office and retail bottled water; conference call 11 a.m. ET on April 22; pricing week of April 26.

EXPECTED APRIL BUSINESS

CKE RESTAURANTS INC.: $150 million of senior unsecured notes; also $450 million credit facility and up to $440 million in equity; to finance acquisition by Thomas H. Lee Partners, expected second quarter of 2010, Bank of America and Barclays are the lead banks on the financing; Carpinteria, Calif.-based owner of Carl's Jr. and Hardee's quick-service restaurant chains.

HAWKEYE GROWTH LLC (HAWKEYE RENEWABLES): Up to $150 million first-lien notes; PrinceRidge Group; proceeds, along with cash on hand, to refinance debt; Ames, Iowa-based ethanol producer.

TERPHANE, INC.: $90 million secured notes due 2017; PrinceRidge Group (sole); Rule 144A for life; non-callable for four years; to repay Libor plus 970 bps secured notes and 12% secured notes; polyester films manufacturer based in Bloomfield, N.Y., and Sao Paulo.

ON THE HORIZON

ANWORTH MORTGAGE ASSET CORP.: $600 million; Santa Monica, Calif.-based real estate investment trust focusing on mortgage-backed securities and residential mortgage loans.

ASG CONSOLIDATED LLC: $275 million subordinated notes and $125 million of holdco notes; also $475 million credit facility led by Bank of America, Wells Fargo and DNB; to refinance existing debt (tender offer for 11½% senior discount notes due 2011 will expire on May 17); Seattle-based harvester, processor, preparer and supplier of seafood.

BWAY HOLDING CO.: $200 million senior unsecured bridge loan and $565 million senior secured credit facilities; Bank of America Merrill Lynch, Deutsche Bank Securities; to fund buyout of BWAY by Madison Dearborn Partners LLC, valued at $915 million, including the assumption of debt; go-shop period until April 28, 2010; Atlanta-based supplier of general line rigid containers.

CDW CORP.: $1.94 billion notes: $890 million senior unsecured cash-pay notes due 2015 (Caa1/CCC+), $300 million senior unsecured PIK toggle notes due 2015 (Caa1/CCC+) and $750 million senior subordinated notes due 2017 (Caa2/CCC+); J.P. Morgan Securities Inc., Deutsche Bank Securities Inc., Morgan Stanley & Co.; to refinance bridge loan related to LBO; Vernon Hills, Ill., provider of technology products and services.

DYNCORP INTERNATIONAL INC.: $455 million senior unsecured notes and $715 million senior secured credit facility; Bank of America, Citigroup, Barclays Capital, Deutsche Bank Securities; to help fund its acquisition by Cerberus Capital Management LP, expected to close third or fourth quarter of 2010; Falls Church, Va.-based government services provider in support of U.S. national security and foreign policy objectives.

GENON ENERGY: New senior notes and new credit facility; to finance part of its creation through the merger of Mirant Corp. and RRI Energy Inc., expected to close before the end of 2010; GenOn will be a Houston-based power producer.

INEOS GROUP LTD.: Approximately €1 billion in new senior secured high-yield notes and term loans; Barclays Capital and JPMorgan joint coordinators and bookrunners for the loans and solicitation agents for notes; to refinance a portion of its senior loan debt; Lyndhurst, England-based chemical company is expected to seek consent of existing bond and loan-holders during March 15 week.

SPECTRUM BRANDS INC.: $750 million senior secured notes due 2017; Credit Suisse, Bank of America, Deutsche Bank; also $1.05 billion credit facility; to help refinance debt as part of merger with Russell Hobbs Inc.; Atlanta-based consumer products company.

TRIUMPH GROUP INC.: $400 million high-yield notes and $300 million term loan (loan could launch late April or early May; RBC Capital Markets is leading the financing; to fund the acquisition of Vought Aircraft Industries, Inc.; funding also includes $189 million under the existing revolver and accounts receivable securitization facility and $292 million cash on hand; Triumph is a Wayne, Pa.-based designer, engineer, manufacturer and repairer of aircraft components and accessories.

ROADSHOWS

April 12-22: ESSAR STEEL HOLDINGS LTD. and GALLOP HOLDINGS LLC Benchmark; UBS Investment Bank, Bank of America Merrill Lynch, Deutsche Bank Securities, Standard Chartered Bank.

Started April 15: GLORIOUS PROPERTY HOLDINGS LTD. Dollar-denominated global bonds; Deutsche Bank Securities, JPMorgan, Standard Chartered Bank.

April 19-21: ALLBRITTON COMMUNICATIONS CO. $455 million; Deutsche Bank Securities Inc.

Pricing April 21 or 22: KEMET CORP. $225 million; Bank of America Merrill Lynch.

April 19-22: PENN VIRGINIA RESOURCE PARTNERS, LP and PENN VIRGINIA RESOURCE FINANCE CORP. $300 million; Wells Fargo Securities.

April 19-22: TELCORDIA TECHNOLOGIES, INC. $300 million; Credit Suisse Securities, J.P. Morgan Securities Inc., Deutsche Bank Securities Inc.

April 19-26: SYNCREON GLOBAL (IRELAND) LTD. $300 million; JPMorgan, Goldman Sachs & Co.

April 19-28: THERMON INDUSTRIES, INC. $200 million; Jefferies & Co.

April 19-30: AMERICOLD WAREHOUSE INVESTMENT PORTFOLIO LLC $300 million; Goldman Sachs & Co., Deutsche Bank Securities Inc., RBC Capital Markets Corp.

April 20-22: LIVE NATION ENTERTAINMENT, INC. $250 million; J.P. Morgan Securities Inc., Goldman Sachs & Co., Deutsche Bank Securities Inc.

April 21-23: PHILLIPS-VAN HEUSEN CORP. $525 million; Barclays Capital Inc., Deutsche Bank Securities Inc., Bank of America Merrill Lynch, Credit Suisse, RBC Capital Markets Corp.

April 21-27: PENSON WORLDWIDE, INC. $200 million; J.P. Morgan Securities Inc., UBS Investment Bank.

April 21-28: AMERICAN RENAL HOLDINGS INC. $225 million; Bank of America Merrill Lynch, Barclays Capital, Wells Fargo Securities.

April 21-29: SOUTHERN STATES COOPERATIVE, INC. $125 million; Jefferies & Co.

April 22-29: COOPER-STANDARD AUTOMOTIVE INC. $450 million; Deutsche Bank Securities.

Pricing April 26 week: DSW HOLDINGS, INC. $475 million; Morgan Stanley & Co. Inc., J.P. Morgan Securities Inc., Barclays Capital Inc.

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