Bank Loan Calendar: $35.1195 billion deals being marketed

October Bank Meetings

MKS INSTRUMENTS INC.: Lender call Oct. 6; $5.78 billion equivalent senior secured credit facilities; JPMorgan, Barclays, BofA Securities, HSBC, Citigroup and Mizuho; $500 million five-year asset-based revolver; $4.28 billion seven-year covenant-lite term loan (Ba1/BB-/BBB-) talked at Libor plus 275 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; $1 billion equivalent euro seven-year covenant-lite term loan (Ba1/BB-/BBB-) talked at Euribor plus 275 bps, 0% floor, OID 99, 101 soft call for six months; help fund acquisition of Atotech Ltd. and refinance existing credit facilities; Andover, Mass., provider of technologies that enable advanced processes and improve productivity.

Upcoming Closings

AGGREKO PLC: Roughly $1.35 billion equivalent (£1 billion equivalent) U.S. and euro five-year covenant-lite first-lien term loan; BofA Securities, Barclays, Deutsche Bank, Goldman Sachs, Santander, Lloyds, SMBC and Standard Chartered; U.S. term loan talked at Libor plus 425 bps to 450 bps, 0.5% Libor floor, OID 99 to 99.5, 101 soft call for six months; euro term loan talked at Euribor plus 425 bps to 450 bps, 0% floor, OID 99 to 99.5, 101 soft call for six months; help fund buyout by TDR Capital LLP and I Squared Capital; U.K.-based provider of mobile power, heating and cooling solutions.

ALI GROUP: $2.25 billion seven-year term B (Baa3/BB+) talked at Libor plus 225 bps to 250 bps, 0% Libor floor, OID 99, 101 soft call for six months; Goldman Sachs and Mediobanca; help fund acquisition of Welbilt Inc.; Milan, Italy, foodservice equipment company.

ALL MY SONS: $455 million senior secured credit facilities; Antares and Golub; $50 million revolver; $290 million first-lien term loan talked at Libor plus 425 bps, 0.75% Libor floor, OID 99 to 99.5, 101 soft call for six months; $115 million privately placed second-lien term loan; support recapitalization by Golden Gate Capital in partnership with the founder and management team; Carrollton, Tex., provider of residential moving and related services.

ALLTECH INC.: $1.13 billion credit facilities (B2/B); Deutsche Bank, BofA Securities, BMO, Goldman Sachs, HSBC, Fifth Third and Rabobank; $305 million revolver; $425 million term A; $400 million seven-year covenant-lite term B talked at Libor plus 425 bps to 450 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; refinance existing debt; Nicholasville, Ky., animal health and nutrition company.

AMERICAN TIRE DISTRIBUTORS INC.: $1 billion seven-year term B (Caa1/B-/B-) talked at Libor plus 625 bps, 0.75% Libor floor, OID 98 to 99, 101 soft call for six months; BofA Securities, Wells Fargo and Citigroup; refinance existing debt; tire distributor.

API GROUP INC.: $1.1 billion seven-year incremental covenant-lite first-lien term loan B (Ba1/BB-) talked at Libor plus 275 bps, 0% Libor floor, OID 99, 101 soft call for six months; Citigroup, Barclays, RBC, UBS, JPMorgan, U.S. Bank and Blackstone; help fund acquisition of Chubb Fire & Security from Carrier Global Corp.; New Brighton, Minn., business services provider of safety, specialty and industrial services.

BROADSTREET PARTNERS INC.: $332.5 million incremental term B (B) due Jan. 27, 2027 talked at Libor plus 350 bps, 0.5% Libor floor, OID 99.5, 101 soft call for six months; RBC; help fund a new core agency partnership; Columbus, Ohio, insurance broker.

CARNIVAL CORP.: $1.5 billion seven-year senior secured first-lien term B (Ba2/BB-) talked at Libor plus 325 bps, 0.75% Libor floor, OID 98.75 to 99, 101 hard call for one year; JPMorgan; redeem some notes; Miami-based cruise operator.

CASTLELAKE AVIATION LTD.: $1.18 billion five-year senior secured first-lien term B (Ba3/BB/BB+) talked at Libor plus 275 bps to 300 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; Morgan Stanley, Citigroup, MUFG, Goldman Sachs, RBC, Barclays and Natixis; purchase the Day 1 Portfolio, help refinance existing debt and capitalize the new corporate Castlelake entity; Ireland-based aircraft leasing company.

CLOUDMED: $637 million first-lien term loan due October 2027 talked at Libor plus 425 bps to 450 bps, 25 bps step-down upon an IPO, 0.5% Libor floor, issue price par, 101 soft call for six months; Goldman Sachs; repricing; Atlanta-based provider of end-to-end revenue integrity solutions that identify and recover unidentified or underpaid revenue on behalf of healthcare systems.

CONDUENT: $515 million seven-year term B (BB-) talked at Libor plus 400 bps to 425 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; BofA Securities and Citigroup; help refinance existing capital structure; provider of business process services.

DOMTAR CORP.: Expected closing late October/early November; $775 million of senior secured term loans (Ba2/BB+/BB+); Barclays, BMO, Credit Suisse and Wells Fargo; $525 million seven-year term B at Libor plus 550 bps, 0.75% Libor floor, OID 99, 101 soft call for one year; $250 million delayed-draw term B at Libor plus 550 bps, 0.75% Libor floor, OID 99; help fund acquisition by Paper Excellence BV and finance potential redemption of notes; Fort Mill, S.C., provider of fiber based products including communication, specialty and packaging papers, market pulp and airlaid nonwovens.

EXAMWORKS: $2.24 billion of term loans; BofA Securities, Goldman Sachs, Barclays, Deutsche Bank, Truist, Nomura, Jefferies, BNP Paribas and Societe Generale; $1.7 billion seven-year first-lien term loan (B1/B) talked at Libor plus 375 bps, 0.5% Libor floor, OID 99.5, 101 soft call for six months; $540 million privately placed second-lien term loan; help fund buyout by CVC Capital Partners from Leonard Green & Partners LP and GIC; Atlanta-based provider of independent medical examinations, peer reviews, bill reviews, Medicare compliance, record retrieval, document management and related services.

EYECARE PARTNERS LLC: $500 million seven-year incremental covenant-lite first-lien term loan (including $100 million delayed-draw) talked at Libor plus 375 bps to 400 bps, 0.5% Libor floor, OID 99.5, 101 soft call for six months; Credit Suisse; acquisition financing; St. Louis-based eye care services provider.

FLORIDA FOOD PRODUCTS: $450 million of term loans; JPMorgan and BNP Paribas; $350 million seven-year first-lien term loan (B2/B-) talked at Libor plus 425 bps to 450 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; $100 million eight-year second-lien term loan (Caa2/CCC) talked at Libor plus 725 bps to 750 bps, 0.5% Libor floor, OID 98, hard call 102, 101; help fund buyout by Ardian from MidOcean Partners; Eustis, Fla., producer of vegetable and fruit-based clean label ingredients.

GABE’S (MOUNTAINEER MERGER CORP.): $250 million seven-year senior secured first-lien term loan (B) talked at Libor plus 600 bps, 0.75% Libor floor, OID 98, hard call 102, 101; Jefferies and Wells Fargo; refinance existing debt and pay a shareholder distribution; off-price retailer focused on a large, underserved working-class demographic.

GULF FINANCE LLC: Roughly $726 million (post paydown) senior secured term B (Caa1/B) due Aug. 25, 2026 talked at Libor plus 675 bps, 25 bps step-downs at 0.5x and 1.0x below closing leverage, 1% Libor floor, hard call 102, 101; Morgan Stanley; amendment and extension; refined products terminaling, storage and logistics business and a distributor of petroleum products.

IMA FINANCIAL GROUP: $530 million term loan (B3) talked at Libor plus 400 bps to 425 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; BMO, JPMorgan, Citigroup and U.S. Bank; refinance existing debt and acquisition financing; insurance brokerage firm.

INMAR INC.: $150 million incremental covenant-lite first-lien term loan due May 2024 talked at Libor plus 400 bps, 1% Libor floor, OID 99.5 to 99.75; Credit Suisse; acquisition financing and pay down revolver draw; Winston-Salem, N.C., technology enabled promotion and inventory, logistics and settlement services company.

LOYALTY VENTURES INC.: $500 million term B (B1/BB-) talked at Libor plus 425 bps, 0.5% Libor floor, OID 98 to 98.5, non-call one, 102, 101; BofA Securities, Deutsche Bank, MUFG, RBC, Morgan Stanley, Regions, Citizens, Fifth Third, Truist, Wells Fargo, Mizuho, JPMorgan and Texas Capital; help fund spinoff from Alliance Data Systems Corp.; provider of loyalty programs and solutions.

LUCKY BUCKS: $50 million add-on term loan due July 2027 talked at Libor plus 550 bps, 0.75% Libor floor, OID 98 to 98.5; Macquarie; acquisition financing and repay revolver borrowings; Norcross, Ga., digital skill-based coin operated amusement machine route operator.

MEDALLION MIDLAND ACQUISITION LP: $835 million senior secured credit facilities; Jefferies, Cadence, National Australia Bank and PNC; $100 million five-year super priority revolver; $735 million seven-year senior secured term loan (//BB-) talked at Libor plus 375 bps, 0.75% Libor floor, OID 99, 101 soft call for six months; refinance existing credit facilities; Irving, Tex., midstream company focused on crude oil transportation in the Midland Basin.

MEDICAL SOLUTIONS: $1.52 billion of term loans; UBS, Jefferies, Goldman Sachs, Wells Fargo, MUFG, Citizens, KeyBanc, TD Securities and SMBC; $1 billion first-lien term loan (B1/B) talked at Libor plus 375 bps to 400 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; $200 million first-lien delayed-draw term loan (B1/B) talked at Libor plus 375 bps to 400 bps, 0.5% Libor floor, OID 99; $320 million privately placed second-lien term loan (Caa1/CCC+); help fund buyout by Centerbridge Partners LP and Caisse de dépôt et placement du Québec from TPG Growth; Omaha, Neb., provider of total workforce solutions in the healthcare industry.

MIRION TECHNOLOGIES INC.: $830 million seven-year first-lien term loan (B1/B) talked at Libor plus 350 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; Goldman Sachs, Citigroup, JPMorgan and Jefferies; help fund merger with GS Acquisition Holdings Corp. II, refinance existing debt and add cash to balance sheet; Atlanta-based provider of mission-critical radiation detection and measurement solutions.

OREGON TOOL: $800 million seven-year term B (B1/B-) talked at Libor plus 400 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; BofA Securities, JPMorgan, Goldman Sachs, Jefferies and Houlihan Lokey; help fund buyout by Platinum Equity from American Securities and P2 Capital; Portland, Ore., manufacturer and distributor of cutting tools, outdoor equipment accessories and parts.

PACIFIC BELLS: $585 million credit facilities (B3/B-); Citizens, Fifth Third and Truist; $50 million five-year revolver; $460 million seven-year covenant-lite term B talked at Libor plus 425 bps, 0.5% Libor floor, OID 99.5, 101 soft call for six months; $75 million seven-year covenant-lite delayed-draw term B talked at Libor plus 425 bps, 0.5% Libor floor, OID 99.5; help fund buyout by Orangewood Partners; franchisee of Taco Bell restaurants.

PATRIOT RAIL & PORTS: $301 million term B (B2/B-) due Oct. 18, 2026 talked at Libor plus 400 bps, 0.25% Libor floor, issue price par, 101 soft call for six months; RBC; repricing; Jacksonville, Fla., owner of a portfolio of short-line railroads, port terminals and related infrastructure assets.

PETMATE: $680 million of term loans; BMO, Jefferies, Antares and KKR; $525 million first-lien term loan (B3/B-) talked at Libor plus 475 bps to 500 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; $155 million second-lien term loan (Caa2/CCC) talked at Libor plus 825 bps to 850 bps, 0.5% Libor floor, OID 98.5, hard call 102, 101; help fund buyout by Platinum Equity; Arlington, Tex., manufacturer of pet products.

RESTORATION HARDWARE INC.: $1.5 billion seven-year term loan B (Ba2/BB) talked at Libor plus 275 bps, 0.5% Libor floor, OID 99.5, 101 soft call for six months; BofA Securities; refinance convertible notes and general corporate purposes; Corte Madera, Calif., upscale home furnishings company.

RUGSUSA: $500 million seven-year senior secured term B (B2/B) talked at Libor plus 500 bps, 0.75% Libor floor, OID 99, 101 soft call for six months; Barclays, Jefferies, Deutsche Bank and Stifel; help fund buyout by Francisco Partners from Comvest Partners; e-commerce provider of area rugs and home décor products.

SPECIALTY BUILDING PRODUCTS HOLDINGS LLC: $800 million seven-year first-lien term B (B2/B-) talked at Libor plus 375 bps to 400 bps, includes certain steps, 0.5% Libor floor, OID 99 to 99.5, 101 soft call for six months; Barclays; fund the acquisition of Reeb Millwork Corp. and another acquisition; Duluth, Ga., distributor of branded specialty building products.

TRACE3 (ESCAPE VELOCITY HOLDINGS INC.): $700 million credit facilities; Credit Suisse, Jefferies and Wells Fargo; $150 million ABL revolver; $415 million seven-year first-lien term loan (B3/B) talked at Libor plus 425 bps to 450 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; $135 million privately placed second-lien term loan; help fund buyout by American Securities from H.I.G. Capital; Irvine, Calif., technology solutions partner to enterprise and mid-market customers.

TRADE ME GROUP (TITAN ACQUISITIONCO): $1.213 billion equivalent credit facilities; Credit Suisse; $107 million revolver; $775 million equivalent U.S and NZD seven-year first-lien term loan (minimum $600 million U.S. tranche) (B2/B-), U.S. talked at Libor plus 400 bps to 425 bps, 0.5% Libor floor, OID 99, 101 soft call for six months; $331 million privately-placed second-lien term loan; repay existing debt and fund a shareholder distribution; operator of online classified marketplaces for motor vehicles, property and jobs in New Zealand.

USNR: $315 million seven-year term B talked at Libor plus 475 bps, 0.75% Libor floor, OID 98.5, 101 soft call for six months; JPMorgan; help fund buyout by One Equity Partners and merger of USNR LLC with Wood Fiber Group; supplier of equipment and technologies for the wood processing industry.

WELLS ENTERPRISES INC.: $100 million add-on term loan talked at Libor plus 300 bps, ratings-based step-down to Libor plus 275 bps, 0% Libor floor, OID 99.27 to 99.5, 101 soft call for six months; BMO; refinance existing debt and general corporate purposes; Le Mars, Iowa, ice cream and frozen treat manufacturer.

WRENCH GROUP LLC: $290 million of term loans; Jefferies, Macquarie and Antares; $200 million incremental first-lien term loan due April 30, 2026 talked at Libor plus 400 bps, 0% Libor floor, OID 99.25, 101 soft call for six months; $90 million privately placed incremental second-lien term loan; fund acquisition of Morris-Jenkins; provider of home maintenance and repair services specializing in heating, ventilation and air conditioning, plumbing, electrical and water quality services.

ZELIS PAYMENTS BUYERS INC.: Expected closing Oct. 18 week; $750 million of term loans (B2/B); Morgan Stanley, Deutsche Bank, Antares, Credit Suisse, Truist, UBS, Jefferies and Goldman Sachs; $550 million senior secured term B due Sept. 30, 2026 at Libor plus 350 bps, 0% Libor floor, OID 99.27, 101 soft call for six months; $200 million delayed-draw term loan due Sept. 30, 2026 at Libor plus 350 bps, 0% Libor floor, OID 99.27; fund acquisition of Sapphire Digital and future acquisitions, capital expenditure or other investments; Bedminster, N.J., health care and financial technology company.

On The Horizon

ANTHOLOGY: New debt financing; JPMorgan and UBS; fund acquisition of Blackboard; Boca Raton, Fla., provider of higher education solutions that support the entire learner lifecycle.

AUTHENTIC BRANDS GROUP: New debt financing; BofA Securities and Goldman Sachs; fund acquisition of Reebok from adidas; New York-based acquirer and manager of consumer brands in the fashion, sports and celebrity/entertainment sectors.

AVANTOR INC.: $2.125 billion of incremental term loans; Goldman Sachs and Citigroup; help fund acquisition of Masterflex from Antylia Scientific; Radnor, Pa., provider of mission-critical products and services to customers in the life sciences and advanced technologies & applied materials industries.

BROOKS AUTOMATION INC.: New debt financing; Barclays, Goldman Sachs and Credit Suisse; help fund buyout by Thomas H. Lee Partners LP; Chelmsford, Mass., automation technology company with significant expertise in semiconductors.

CELESTICA INC.: Roughly $210 million term loan; help fund acquisition of PCI Ltd. from Platinum Equity; Toronto-based provider of design, manufacturing and supply chain solutions.

CHAMBERLAIN GROUP LLC: New debt financing; Wells Fargo, Barclays, Citigroup and Deutsche Bank; help fund buyout by Blackstone from Duchossois Group Inc.; Oak Brook, Ill., provider of smart access solutions across residential and commercial properties.

COVANTA HOLDING CORP.: $1.815 billion credit facilities (BB); Barclays, Credit Suisse, TD Securities, BNP Paribas, Credit Agricole, Goldman Sachs, RBC, Citigroup, Stifel, MUFG, Fifth Third and Citizens; $440 million revolver; $1.275 billion senior secured term B, including a $400 million backstop delayed-draw tranche; $100 million term C; help fund buyout by EQT Infrastructure; Morristown, N.J., provider of sustainable waste and energy solutions.

DIASORIN SPA: $1.1 billion term loan due 2026; Citigroup, BNP Paribas, Mediobanca and UniCredit; help fund acquisition of Luminex Corp.; Italy-based developer, producer and marketer of reagent kits used by diagnostic laboratories.

DL CHEMICAL CO. LTD.: New debt financing; Goldman Sachs; help fund acquisition of Kraton Corp.; petrochemical company.

FORT DEARBORN/MULTI-COLOR CORP.: New debt financing; BofA Securities, Goldman Sachs, Barclays, Credit Suisse, Deutsche Bank, UBS, Wells Fargo and RBC; help fund buyout by Clayton, Dubilier & Rice and merger; label solutions company.

GRAY TELEVISION INC.: $1.45 billion incremental term loan; Wells Fargo; help fund acquisition of Meredith Corp. and refinance some of Meredith’s existing debt; Atlanta-based television broadcast company.

HEXION COATINGS AND COMPOSITES (US) INC. (HCC): New debt financing; help fund separation into an independent company from Hexion Holdings Corp.; supplier of epoxy resins and systems.

ICU MEDICAL INC: $2 billion credit facilities; Wells Fargo and Barclays; $300 million revolver; $850 million term A; $850 million term B; help fund acquisition of Smith Group plc’s global medical device business; San Clemente, Calif., manufacturer of medical devices.

II-VI INC.: $4 billion senior secured credit facilities; JPMorgan; $350 million revolver; $850 million term A; $2.8 billion term B; help fund acquisition of Coherent Inc.; Saxonburg, Pa., manufacturer of engineered materials and optoelectronic components.

LIFEPOINT HEALTH: New debt financing; Barclays, Citigroup and RBC; help fund acquisition of Kindred Healthcare; Brentwood, Tenn., health care company.

MEREDITH CORP.: $925 million credit facilities; RBC, Barclays and Credit Suisse; $200 million revolver; $725 million term B; help fund spinoff of National Media Group into standalone company retaining Meredith name and refinance some existing debt; Des Moines owner of a portfolio of magazines as well as digital and marketing assets.

NORTONLIFELOCK: $9.35 billion senior secured credit facilities; BofA Securities, Wells Fargo, Scotia, Mizuho, Truist, MUFG, BNP Paribas and BMO on term B; BofA Securities, Wells Fargo, JPMorgan, Scotia, Mizuho, Truist, MUFG, BNP Paribas and BMO on term A; $1.5 billion five-year revolver; $750 million 60-day term A; $3.5 billion five-year term A; $3.6 billion seven-year covenant-lite term B expected at Libor plus 200 bps, 0% Libor floor, 101 soft call for six months; fund acquisition of Avast; Tempe, Ariz., cybersecurity provider.

PRIMARY PRODUCTS: New debt financing; Barclays, BNP Paribas, Goldman Sachs, Rabobank and Wells Fargo; help fund acquisition of a controlling stake by KPS Capital Partners LP from Tate & Lyle plc; provider of nutritive sweeteners, industrial starches, acidulants and other corn-derived products.

PRINCE INTERNATIONAL CORP.: $2.27 billion credit facilities; Barclays and Credit Suisse; $325 million revolver; $1.945 billion first-lien term loan; help fund acquisition of Ferro Corp. and merger with Chromaflo Technologies; Houston-based manufacturer of performance-critical specialty products for niche applications in the construction, electronics, consumer products, agriculture, automotive, oil & gas, industrial and other end markets.

SYNIVERSE: $1.165 billion credit facilities; Barclays, Goldman Sachs, BofA Securities, Credit Suisse, Deutsche Bank and Mizuho; $165 million revolver; $1 billion term loan; help refinance existing debt in connection with merger with M3-Brigade Acquisition II Corp.; Tampa, Fla., provider of technology and business services for the telecommunications industry.

TRANSUNION: Up to $3.1 billion incremental senior secured term loan; Deutsche Bank, Capital One and RBC; help fund acquisition of Neustar from Golden Gate Capital and other investors and refinance certain debt; Chicago-based information and insights company.

VERTIV HOLDINGS CO.: New debt financing; Citigroup; help fund acquisition of E&I Engineering Ireland Ltd.; Columbus, Ohio, provider of power, cooling and IT infrastructure solutions and services.

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