Bank Loan Calendar: $23.6958 billion deals being marketed

March Bank Meetings

C&J ENERGY SERVICES INC.: Conference call March 4; new loan; Citigroup, Bank of America, Wells Fargo and JPMorgan; Houston-based provider of hydraulic fracturing, coiled tubing, cased-hole wireline, pumpdown and other oilfield services.

FREIF NAP I HOLDINGS III LLC: Bank meeting March 5; $295 million in seven-year term loans (Ba3); Deutsche Bank, Citigroup, Macquarie and Credit Suisse; $250 million term B, 101 soft call; $45 million term C, 101 soft call; refinance existing debt and fund the acquisition of power facilities; owner of power generation assets.

LIONS GATE ENTERTAINMENT CORP.: Conference call March 4; $250 million second-lien term loan (Ba3/BB-) talked at a fixed rate of 5%, non-call one, 102, 101; JPMorgan; refinance existing second-lien term loan; Santa Monica, Calif., entertainment company.

TOWNSQUARE MEDIA INC.: New senior secured credit facility; RBC; help refinance existing senior secured credit facility and notes; Greenwich, Conn., diversified media and entertainment and digital marketing services company.

WABASH NATIONAL CORP.: Conference call March 5; $192.8 million senior secured term loan due 2022; Wells Fargo and Morgan Stanley; repay existing term loan; Lafayette, Ind., diversified industrial manufacturer and a producer of semi-trailers and liquid transportation systems.

Upcoming Closings

ADVANCED COMPUTER SOFTWARE GROUP: Expected close in March; new senior secured credit facility; Morgan Stanley (left on first-lien) and Goldman Sachs (left on second-lien); $50 million five-year revolver at Libor plus 525 bps; $323 million seven-year first-lien term B at Libor plus 550 bps, 1% Libor floor, OID 97, 101 soft call; £108 million seven-year first-lien term B at Libor plus 550 bps; $195 million eight-year second-lien term loan at Libor plus 950 bps, 1% Libor floor, OID 95, non-call one, 102, 101; help fund buyout by Vista Funds; U.K.-based provider of software and IT services.

ALTICE FINANCING SA: $500 million seven-year first-lien term B at Libor plus 425 bps, 1% Libor floor, OID 99, 101 soft call; Goldman Sachs, JPMorgan, Credit Suisse, Deutsche Bank, Morgan Stanley, BNP Paribas, Credit Agricole, Banca IMI, Citigroup, HSBC, Nomura, RBC, Societe Generale and UniCredit; also €400 million seven-year first-lien term loan B at Euribor plus 425 bps, 1% floor, OID 99½, 101 soft call; help fund acquisition of the Portuguese assets of Portugal Telecom from Grupo OI SA; Luxembourg-based telecommunications and cable company.

AMERICAN BEACON ADVISORS INC.: $350 million credit facility; RBC and Barclays; $40 million revolver (B+); $220 million first-lien term loan (B+) talked at Libor plus 475 bps, 1% Libor floor, OID 99, 101 soft call; $90 million second-lien term loan (B-) talked at Libor plus 875 bps, 1% Libor floor, OID 98, call protection 102, 101; help fund buyout by Kelso & Co. and Estancia Capital Management from TPG Capital and Pharos Capital Group LLC; Fort Worth, Texas, provider of investment advisory services to institutional and retail markets.

BATS GLOBAL MARKETS: $378 million of term loans (BB-); JPMorgan; $228 million add-on term loan at Libor plus 475 bps, 1% Libor floor, OID 99, 101 soft call; $150 million three-year term loan at Libor plus 375 bps, OID 99, 101 soft call; fund acquisition of Hotspot FX from KCG Holdings; Kansas City, Mo., operator of securities markets.

COINMACH (CSC SERVICEWORKS): $125 million add-on first-lien covenant-light term loan (B2) due November 2019 talked at Libor plus 325 bps, 1% Libor floor, OID 99.03; Deutsche Bank and Morgan Stanley; pay down revolver and general corporate purposes, including potential tuck-in acquisitions; laundry equipment service provider.

COMMUNITY HEALTH SYSTEMS: $1.66 billion term F (BB) due December 2018 talked at Libor plus 325 bps, OID 99, 101 soft call for six months; Credit Suisse; refinance/extend term E; Nashville, Tenn., hospital company.

DBRS: $275 million credit facility; Credit Suisse, UBS and TD Securities; $50 million five-year revolver; $225 million seven-year first-lien covenant-light term loan at Libor plus 525 bps, 1% Libor floor, OID 99, 101 soft call; help fund buyout by Carlyle Group and Warburg Pincus; Toronto-based credit rating agency.

DOLLAR TREE INC.: $6.2 billion credit facility (Ba1/BB+); JPMorgan, Wells Fargo, Bank of America, RBC and U.S. Bank; $1.25 billion five-year revolver at Libor plus 225 bps; $1 billion five-year term A at Libor plus 225 bps; $3.95 billion seven-year term B at Libor plus 350 bps, 0.75% Libor floor, OID 99½, 101 soft call; help fund acquisition of Family Dollar Stores Inc.; Chesapeake, Va., discount store operator.

ENERGY TRANSFER EQUITY LP: $850 million first-lien term loan (Ba2/BB/BB+) due Dec. 2, 2019 at Libor plus 325 bps, 0.75% Libor floor, OID 99, 101 soft call for six months; Credit Suisse, Bank of Tokyo-Mitsubishi, BBVA Compass, BNP Paribas, Credit Agricole, DNB Bank, Mizuho, Sumitomo Mitsui Banking, Intesa Sanpaolo, Natixis, ING, ABN Amro, SunTrust, PNC and HSBC; help fund the transfer of a 45% interest in the Bakken pipeline project and cash for class H units of Energy Transfer Partners LP; Dallas-based midstream oil and gas company.

EXACT HOLDING N.V.: $460 million of term loans; RBC (left on first-lien), Deutsche Bank (left on second-lien) and ING; $335 million equivalent seven-year first-lien covenant-light term loan (B1/B) (including €100 million tranche at Euribor plus 525 bps, 1% floor, OID 94, 101 soft call); $125 million eight-year second-lien covenant-light term loan (Caa1/CCC+) at Libor/Euribor plus 912.5 bps, 1% Libor floor, OID 89½, non-call one, 102, 101; also €30 million revolver (B1/B); help fund buyout by Apax Partners; Netherlands-based vendor of on-premise and true-cloud accounting, CRM and ERP software for businesses.

EXPRESS ENERGY SERVICES LLC: $220 million term B; UBS and Goldman Sachs; remarketing of funded loan that was used for buyout by Apollo Global Management LLC; Houston-based oilfield services company.

HANSON BUILDING PRODUCTS: $1.045 billion credit facility; Credit Suisse, Barclays and Citigroup; $150 million ABL revolver; $635 million seven-year first-lien covenant-light term loan (B1/B) at Libor plus 550 bps, 1% Libor floor, OID 97½, 101 soft call; $260 million eight-year second-lien covenant-light term loan (Caa1/CCC+) at Libor plus 950 bps, 1% Libor floor, OID 95, non-call one 103, 101; help fund buyout by Lone Star Funds from HeidelbergCement; manufacturer of concrete and clay building products.

HEADWATERS INC.: $425 million seven-year covenant-light term B (B1/BB-) talked in Libor plus 400 bps area, 1% Libor floor, OID 99, 101 soft call; Deutsche Bank; refinance notes; South Jordan, Utah, manufacturer of light building products and heavy construction materials.

HOOVER CONTAINER SOLUTIONS: $195 million credit facility (B2/B); Macquarie; $30 million revolver; $165 million six-year first-lien term loan at Libor plus 675 bps, 1% Libor floor, OID 98, 101 soft call; help fund buyout by First Reserve; Houston-based provider of chemical tanks, cargo carrying units and related products and services.

IMPAX LABORATORIES INC.: $485 million senior secured credit facility (B1/BBB-); Barclays, RBC and Wells Fargo; $50 million five-year revolver; $435 million six-year term loan at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call; help fund the acquisitions of Tower Holdings Inc. and Lineage Therapeutics Inc.; Hayward, Calif., technology-based specialty pharmaceutical company.

INDIVIOR PLC: $800 million senior secured credit facility (B3/B); Morgan Stanley and Deutsche Bank; $50 million five-year revolver talked at Libor plus 525 bps, OID 99½; $750 million five-year term B (including $115 million euro equivalent tranche) talked at Libor/Euribor plus 575 bps, 1% floor, OID 97 to 98, 101 soft call for six months; Richmond, Va., specialty pharmaceutical company focused on addiction and related mental health disorders.

INEOS FINANCE PLC: €750 million-equivalent seven-year senior secured term B (minimum $250 million tranche, minimum €250 million tranche) talked at Libor/Euribor plus 350 bps, 1% floor, OID 99, 101 soft call for six months; Barclays, JPMorgan, Bank of America, Citigroup and Morgan Stanley; refinance notes; Switzerland-based manufacturer of petrochemicals, specialty chemicals and oil products.

LATTICE SEMICONDUCTOR CORP.: $350 million six-year senior secured covenant-light term loan (Ba3/BB-) talked at Libor plus 425 bps, 1% Libor floor, OID 99, 101 soft call for six months; Jefferies and HSBC; help fund acquisition of Silicon Image Inc.; Portland, Ore., provider of programmable connectivity services.

MIRION TECHNOLOGIES LLC: $315 million credit facility (B1/B); Credit Suisse, RBC and HSBC; $35 million five-year revolver; $280 million seven-year first-lien covenant-light term loan at Libor plus 475 bps, step-down to Libor plus 450 bps based on net leverage, 1% Libor floor, OID 99, 101 soft call for six months; help fund buyout by Charterhouse Equity Partners LLC from American Capital; provider of radiation detection products.

ORICA CHEMICALS (CHEMSTRALIA PTY LTD.): A$515 million U.S. dollar-equivalent term loan (B1) at Libor plus 625 bps, 1% Libor floor, OID 95, 101 soft call; JPMorgan, Barclays, Goldman Sachs and Morgan Stanley; help fund buyout by Blackstone from Orica Ltd.; chemicals company.

PANDA TEMPLE I: $405 million credit facility (B); Goldman Sachs and Credit Suisse; $375 million seven-year term B talked at Libor plus 550 bps to 575 bps, 1% Libor floor, OID 98½ to 99, soft call 102, 101; $5 million revolver; $10 million project letter-of-credit facility; $15 million debt service reserve letter-of-credit facility; refinance existing debt; clean natural gas-fueled, 758-megawatt combined-cycle facility located in Temple, Texas.

PETSMART INC.: $5.05 billion credit facility; Citigroup, Nomura, Jefferies, Barclays and Deutsche Bank; $750 million five-year asset-based revolver; $4.3 billion seven-year senior secured covenant-light term B (Ba3/BB-) at Libor plus 400 bps, 1% Libor floor, OID 99½, 101 soft call; help fund buyout by a consortium led by BC Partners Inc.; Phoenix specialty pet retailer.

RESEARCH NOW GROUP INC.: $425 million credit facility; GE Capital, Deutsche Bank and SunTrust; $35 million revolver (Ba3/B); $255 million first-lien term B (Ba3/B) talked at Libor plus 500 bps, 1% Libor floor, OID 99, 101 soft call for six months; $135 million second-lien term loan (Caa1/B-) talked at Libor plus 900 bps, 1% Libor floor, OID 98, call protection 102, 101; help fund buyout by Court Square Capital Partners from TA Associates, Polaris Partners, Sutter Hill Ventures and other shareholders; Plano, Texas, digital data collection provider.

RIVERBED TECHNOLOGY INC.: $1.725 billion senior secured credit facility (B1/B); Credit Suisse, Citigroup, Barclays and Morgan Stanley; $100 million five-year revolver; $1.625 billion seven-year first-lien term loan at Libor plus 500 bps, step-down to Libor plus 475 bps based on total first-lien leverage, 1% Libor floor, OID 99½, 101 soft call for six months; help fund buyout by Thoma Bravo LLC and Teachers’ Private Capital; San Francisco-based technology company that specializes in improving the performance of networks and networked applications.

SIG COMBIBLOC GROUP AG: €2.434 billion credit facility (B1/B+); Barclays, Bank of America, Goldman Sachs, Nomura, RBC, Credit Agricole, Mizuho, RBS, UniCredit and Rabobank; €300 million six-year multicurrency revolver; €2.134 billion ($1.225 billion U.S. and €1.05 billion euro) seven-year covenant-light term loan at Libor/Euribor plus 425 bps, 1% floor, OID 99½, 101 soft call; help fund buyout by Onex Corp.; Switzerland-based supplier of carton packaging and filling machines for beverages and food.

SURGICAL CARE AFFILIATES INC.: $600 million senior secured credit facility (B+); JPMorgan; $250 million revolver; $350 million term loan talked at Libor plus 375 bps, 1% Libor floor, OID 99, 101 soft call for six months; help refinance existing bank debt and general corporate purposes; Deerfield, Ill., operator of surgical facilities.

TANK HOLDING CORP.: $490 million senior secured credit facility (B); GE Capital; $50 million six-year revolver talked at Libor plus 400 bps to 425 bps, OID 99; $440 million seven-year covenant-light term B talked at Libor plus 400 bps to 425 bps, 1% Libor floor, OID 99, 101 soft call for six months; refinance existing debt and fund a distribution to shareholders; St. Bonifacius, Minn. and Lincoln, Neb.-based manufacturer of proprietary rotational molded polyethylene and steel storage tanks and containers used in above-ground, below-ground and portable applications.

TARGA RESOURCES CORP.: $1.1 billion credit facility (Ba3/B+); Bank of America, RBS, Wells Fargo, ING and MUFG; $430 million seven-year senior secured covenant-light term loan at Libor plus 475 bps, 1% Libor floor, OID 98¼, 101 soft call; $670 million revolver; help fund the acquisition of Atlas Energy LP and refinance existing debt; Houston-based midstream energy company.

TTM TECHNOLOGIES INC.: $915 million credit facility; JPMorgan and Barclays; $150 million asset-based revolver; $765 million term B (B1/B+) talked at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; help fund acquisition of Viasystems Group Inc., refinance some debt and general corporate purposes; Costa Mesa, Calif., printed circuit board manufacturer.

VERESEN MIDSTREAM LP: $575 million senior secured seven-year term B (Ba3/BB-) at Libor plus 500 bps, 1% Libor floor, OID 98½, 101 soft call; RBC, TD Securities and HSBC; also C$75 million revolver and C$1.275 billion non-revolving expansion facility; fund acquisition of natural gas gathering and compression assets supporting Montney development in the Dawson area of northeastern British Columbia from Encana Corp. and the Cutbank Ridge Partnership; joint venture being formed by Veresen Inc. and Kohlberg Kravis Roberts & Co. LP.

On The Horizon

COMMSCOPE INC.: $1.5 billion seven-year senior secured covenant-light incremental term loan expected at Libor plus 350 bps, 0.75% Libor floor, 101 soft call for six months; JPMorgan, Bank of America, Deutsche Bank and Wells Fargo; help fund the acquisition of TE Connectivity’s Telecom, Enterprise and Wireless businesses; Hickory, N.C., provider of infrastructure services for communication networks.

ENVIVA PARTNERS LP: $215 million five-year senior secured credit facility; $40 million revolver expected at Libor plus 375 bps; $175 million term loan expected at Libor plus 375 bps; refinance existing debt and make a distribution to the sponsor in connection with initial public offering of common units; Bethesda, Md., supplier of utility-grade wood pellets to power generators.

ERESEARCHTECHNOLOGY INC.: New debt financing; Jefferies and Citizens Bank; help fund acquisition of PHT Corp.; Philadelphia-based provider of patient-centric endpoint data collection services for use in clinical drug development.

GENESEE & WYOMING INC.: $650 million term loan expected at Libor plus 200 bps; Bank of America; help fund acquisition of about 95% of the shares of Freightliner Group Ltd. from Arcapita and other shareholders; Darien, Conn., owner and operator of short line and regional freight railroads.

GREATLAND CONNECTIONS INC.: New term loans and revolver; help fund acquisition of about 2.5 million customers from Comcast/Time Warner Cable; newly formed cable company.

KREMERS URBAN PHARMACEUTICALS INC.: New debt financing; Credit Suisse, Morgan Stanley, Goldman Sachs and Jefferies; help fund buyout by Advent International and Avista Capital Partners from UCB SA; Princeton, N.J., specialty generic pharmaceuticals company.

MITEL NETWORKS CORP.: $700 million senior secured credit facility; Bank of America and Credit Suisse; $50 million five-year revolver expected at Libor plus 450 bps, 50 bps unused fee; $650 million seven-year first-lien term loan expected at Libor plus 450 bps, 1% Libor floor, 101 soft call for six months; help fund acquisition of Mavenir Systems and refinance existing bank debt; Kanata, Ont., provider of cloud- and premises-based unified communications software services.

NXP SEMICONDUCTORS NV: $7 billion of senior secured bank debt; Credit Suisse; $3.25 billion five-year covenant-light term B-1 expected at Libor plus 325 bps, step-down to Libor plus 300 bps at 2x consolidated net leverage, 0.75% Libor floor, 101 soft call; $3.25 billion seven-year covenant-light term B-2 expected at Libor plus 350 bps, step-down to Libor plus 325 bps at 2x consolidated net leverage, 0.75% Libor floor, 101 soft call; $500 million five-year super-priority revolver expected at Libor plus 200 bps; help fund acquisition of Freescale Semiconductor Ltd.; Eindhoven, Netherlands, maker of semiconductors.

PASHA GROUP: New debt financing; fund acquisition of Horizon Lines Inc.’s Hawaii trade lane business; San Rafael, Calif., logistics and transportation company.

PERFORMANCE FOOD GROUP: $550 million add-on term loan; Credit Suisse, Wells Fargo, Barclays, Morgan Stanley, Bank of America, BMO and Macquarie; also upsizing existing ABL credit facility; help fund acquisition of 11 distribution centers from US Foods; Richmond, Va., foodservice distributor.

POST HOLDINGS INC.: Up to $700 million secured term B due June 2, 2021 expected at Libor plus 375 bps, 1% Libor floor, Credit Suisse and Barclays; help fund acquisition of MOM Brands Co.; St. Louis-based consumer packaged goods holding company.

SCIENCE APPLICATIONS INTERNATIONAL CORP.: $670 million senior secured term B; Citigroup and Bank of America; help fund acquisition of Scitor Corp. from Leonard Green & Partners; McLean, Va., technology integrator providing full life-cycle services and solutions in the technical, engineering, and enterprise information technology markets.

SERVICEMASTER CO. LLC: Incremental term loan; fund notes redemption; Memphis-based provider of maintenance services to residential and commercial customers.

SS&C TECHNOLOGIES HOLDINGS INC.: $2.63 billion senior secured credit facility; Morgan Stanley and Deutsche Bank; $150 million revolver; $2.08 billion term B-1; $400 million term B-2; help fund acquisition of Advent Software Inc.; Windsor, Conn., provider of financial services software and software-enabled services.

STAPLES INC.: $5.75 billion credit facility; Barclays and Bank of America; $3 billion asset-based five-year revolver expected at Libor plus 150 bps to 200 bps based on average excess availability; $2.75 billion six-year senior secured term B expected at Libor plus 375 bps, 0.75% Libor floor, 101 soft call for six months; help fund acquisition of Office Depot Inc.; Framingham, Mass., retailer of office supplies.

TI AUTOMOTIVE: New debt financing; help fund buyout by Bain Capital; Auburn Hills, Mich., provider of fluid storage, carrying and delivery systems to automotive manufacturers.

VALEANT PHARMACEUTICALS INTERNATIONAL INC.: $5.55 billion of incremental term loans (if existing credit facility amended); Deutsche Bank, HSBC, The Bank of Tokyo-Mitsubishi, DNB Markets and SunTrust; $1 billion incremental five-year term A expected at Libor 225 bps; $4.55 billion seven-year incremental term B ($2.6 billion delayed-draw for 60 days) expected at Libor plus 350 bps, 0.75% Libor floor, 101 soft call for six months; help fund acquisition of Salix Pharmaceuticals Ltd. and refinance Salix debt; Laval, Quebec, specialty pharmaceutical company.

WALGREENS INFUSION SERVICES: New first-lien financing; Bank of America; help fund buyout by Madison Dearborn Partners from Walgreen Co.; provider of home and alternate treatment site infusion services.

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