Bank Loan Calendar: $14.855 billion deals being marketed

February Lender Calls

PARTS TOWN: Lender call Feb. 15; $300 million of incremental senior secured credit facilities; Golub; support an ABL revolver paydown and fund near-term acquisition activity; Addison, Ill., OEM parts distributor and service provider to the foodservice equipment market.

SOTERA HEALTH CO.: Lender call Feb. 14; $425 million senior secured term B (BB-) due December 2026 talked at SOFR plus 375 bps, 0.5% floor, OID 95.5 to 96, 101 soft call for six months; JPMorgan; help fund an ethylene oxide litigation settlement, pay down revolver borrowings and enhance liquidity; Broadview Heights, Ohio, provider of mission-critical end-to-end sterilization solutions and lab testing and advisory services for the health care industry.

Upcoming Closings

AGGREKO LLC: $300 million incremental term loan (B1) due Aug. 17, 2026 talked at SOFR plus 550 bps, 0.5% floor, OID 94, 101 soft call for six months; Barclays, Goldman Sachs and HSBC; also €130 million add-on term loan (B1) due August 2026 talked at Euribor plus 525 bps, 0% floor, OID 96.5 to 97; refinance some debt, including debt related to the acquisition of Resolute Industrial from AE Industrial Partners LP; Glasgow, U.K., provider of mobile power, heating and cooling solutions.

AMYNTA: $1.04 billion term B (B-) due Feb 28, 2028 talked at SOFR plus 500 bps, 0% floor, OID 96.5 to 97, 101 soft call for six months; BofA Securities, Barclays, BMO, Deutsche Bank, Jefferies LLC and others; repay first-lien term loans due 2025; New York-based insurance services company.

ARCLIGHT GCX (AL GCX HOLDINGS LLC): $615 million senior secured term B due May 18, 2029 talked at SOFR+CSA plus 350 bps, CSA is 10 bps one-month rate, 15 bps three-month rate and 25 bps six-month rate, 0.5% floor, OID 99.75 for new money, issue price par for existing, 101 soft call for six months; Barclays; repricing; new-build 450-mile Permian natural gas pipeline.

CASTLELAKE AVIATION: $635 million incremental first-lien term B (/BB/BB+) due October 2027 talked at SOFR plus 300 bps, 0.5% floor, OID 98.5, 101 soft call for six months; Goldman Sachs; refinance existing debt and general corporate purposes; Dublin, Ireland, provider of aircraft financing, leasing and servicing solutions.

CHARTER NEXT GENERATION: $250 million incremental term B talked at SOFR+CSA plus 375 bps, CSA is 11.448 bps one-month rate, 26.161 bps three-month rate and 42.826 bps six-month rate, 0.75% floor, OID 99.04; KKR; repay some senior unsecured PIK notes; Milton, Wis., producer of specialty films.

CONFLUENT HEALTH LLC: $125 million incremental term loan (B3/B-) due November 2028; Macquarie; fund an acquisition; Louisville, Ky., outpatient physical therapy provider.

CREATIVE ARTISTS AGENCY LLC: $1.55 billion term B (B2/B) due Nov. 26, 2028 talked at SOFR plus 375 bps to 400 bps, 0% floor, OID 99, 101 soft call for six months; BofA Securities and TPG; refinance existing term B borrowings; entertainment and sports agency.

DURAVANT LLC (ENGINEERED MACHINERY HOLDINGS INC.): $130 million incremental first-lien term loan (B1/B-) due May 21, 2028 talked at Libor plus 350 bps, 25 bps step-up at more than 5x senior secured first-lien net leverage, 0.75% floor, OID 98.79; Jefferies; repay outstanding revolver borrowings; Downers Grove, Ill., automation solutions company providing highly engineered equipment and related aftermarket parts and services.

HANESBRANDS INC.: $900 million seven-year term B (Ba2/BB+) at SOFR plus 375 bps, 0.5% floor, OID 99, 101 soft call for six months; JPMorgan; help refinance notes; Winston-Salem, N.C., marketer of everyday basic apparel.

NIELSENIQ: $1.455 billion incremental term B (B2/B) due March 2028 at SOFR plus 625 bps, 0.5% floor, OID 89, 101 soft call for one year; JPMorgan (left on U.S.), UBS (left on euro), BofA Securities, BMO, BNP Paribas, Fifth Third, HSBC, MUFG, RBC, Standard Chartered and Santander; also €500 million incremental term B (B2/B) due March 2028 at Euribor plus 650 bps, 0% floor, OID 89, 101 soft call for one year; fund acquisition of GfK SE, repay revolver borrowings and general corporate purposes; Chicago-based information services company.

PAR PETROLEUM LLC: $550 million seven-year covenant-lite term B (B1/BB) talked at SOFR+10 bps CSA plus 425 bps, 0.5% floor, OID 97 to 98, 101 soft call for six months; Wells Fargo, BofA Securities and MUFG; refinance notes and existing term B, and general corporate purposes; Houston-based refiner, marketer and distributor of crude oil.

SALLY BEAUTY HOLDINGS INC.: $400 million seven-year term B (Baa3) talked at SOFR plus 300 bps, 0% floor, OID 99, 101 soft call for six months; BofA Securities, JPMorgan, Truist, Citizens, Regions and US Bank; refinance existing term B due 2024; Denton, Tex., retailer and distributor of professional beauty supplies.

SEDGWICK CLAIMS MANAGEMENT INC.: $3.5 billion five-year term B (B) talked at SOFR plus 375 bps to 400 bps, 0% floor, OID 98.5 to 99, 101 soft call for six months; BofA Securities; amend and extend an existing term loan B-2 and an existing term loan B-3 into one tranche; Memphis, Tenn., provider of claims management solutions to corporations, public entities and insurance carriers.

TRAVERSE MIDSTREAM PARTNERS LLC: $1.28 billion five-year term B (B2/B+) at SOFR+10 bps CSA plus 375 bps, 0.5% floor, OID 99.25, 101 soft call for six months; JPMorgan; also new revolver; refinance existing term B and super senior revolver; owner of midstream assets.

UGI ENERGY SERVICES LLC: $800 million seven-year senior secured term B (Ba3//BB+) talked at SOFR+10 bps CSA plus 325 bps, 0% floor, OID 99, 101 soft call for six months; Credit Suisse; refinance existing term loan and other debt; Wyomissing, Pa., diversified midstream and energy marketing services company.

ZOOMINFO LLC: $600 million term B; Morgan Stanley; amend and extend; Vancouver, Wash., provider of sales and marketing data.

On The Horizon

APOTEX PHARMACEUTICAL HOLDINGS INC.: New debt financing; RBC, Scotia, HSBC and Truist; help fund buyout by SK Capital Partners LP; Toronto-based pharmaceutical company.

CETERA FINANCIAL GROUP: Roughly $750 million incremental term loan; UBS; fund acquisition of retail wealth business of Securian Financial Group Inc.; San Diego-based network of financial professionals.

DSM ENGINEERING MATERIALS: €2.9 billion equivalent term loan; Goldman Sachs, Barclays, UBS and BNP Paribas; help fund acquisition by Advent International and Lanxess from Royal DSM; supplier of engineering and high-performance polymers.

MAXLINEAR INC.: $3.5 billion senior secured credit facilities; Wells Fargo, BMO, Citizens and Truist; $250 million five-year revolver expected at SOFR plus 225 bps, 0% floor; $512.5 million five-year term A expected at SOFR plus 225 bps, 0% floor; $2.7375 billion seven-year covenant-lite term B expected at SOFR+CSA plus 300 bps, CSA is 10 bps one-month rate, 15 bps three-month rate and 25 bps six-month rate, 0.5% floor, 101 soft call for six months; help fund acquisition of Silicon Motion; Carlsbad, Calif., provider of radio frequency, analog and mixed-signal integrated circuits for broadband, connectivity, and infrastructure markets.

MONEYGRAM INTERNATIONAL INC.: New senior secured credit facilities; Goldman Sachs, Deutsche Bank, Barclays and Wells Fargo; revolver; first-lien term loan; help fund buyout by Madison Dearborn Partners LLC; Dallas-based digital P2P payments company.

TEGNA INC.: $4 billion senior secured credit facilities; RBC, BofA Securities, Goldman Sachs, Truist, BNP Paribas, Credit Suisse, Jefferies, Mizuho, TD Securities, Barclays, Deutsche Bank, MUFG, Citizens and SMBC; $500 million revolver; $3.5 billion term loan; help fund buyout by Standard General; Tysons, Va., media company.

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