Bank Loan Calendar: $10.87 billion deals being marketed

February Lender Calls

UBER TECHNOLOGIES INC.: $1.75 billion seven-year first lien senior secured term loan B (Ba3/BB-) upsized from $1.43 billion,price talk SOFR plus 275 bps (from 300 to 325 bps) plus 0 CSA (from 10 bps), 0% floor, at 99.5 to 99.75 (from 99 to 99.5); to refinance 2025 loans in full; Morgan Stanley (lead left), Barclays (books), other bookrunners to be announced; San Francisco-based online transportation network company; commitments due Feb. 27 end of business (timing accelerated: previous deadline March 1).

VANTAGE SPECIALTY CHEMICALS, INC.: $820 million first lien term loan B due Oct. 26, 2026 (B2/B-/B+) price talk SOFR plus 475 bps, 0.5% floor, no CSA at 97 to 98, 101 soft call protection for six months, 1% annual amortization; Morgan Stanley (administrative agent), Citigroup, KKR, RBC, MUFG (books); to refinance existing first and second lien term loans; Chicago-based specialty chemicals company; commitments due 10 a.m. ET on March 3.

RED VENTURES, LLC: $850 million term loan B, pricing SOFR plus 300 to 350 bps, 0% floor at 99, 101 soft call for six months; JPMorgan; to refinance 2024 loan; Fort Mill, S.C.-based media company; commitments due Feb. 23 end of day.

ARETEC GROUP INC. doing business as CETERA FINANCIAL GROUP: $750 million seven-year non-fungible incremental first lien term loan with springing maturity to existing first lien term loan and 90 days prior to existing unsecured notes, price talk SOFR plus 450 to 475 bps plus CSA, 0% floor, at 97, 101 soft call until six months from closing; to fund acquisition of Securian Financial Group's retail wealth business; UBS, BMO, Deutsche Bank, Jefferies, Goldman Sachs, Truist, Antares; El Segundo, Calif.-based financial services provider; commitments due March 8 close of business.

VIRGIN MEDIA BRISTOL LLC: $750 million first lien term loan Y (Ba3/BB-/BB+) price talk SOFR plus 325 bps, plus 10 bps CSA, 0% floor, at 98.5 to 99 (plus or minus 7.5 bps linked to two sustainability performance targets), 101 soft call for six months; for general corporate purposes including debt repayment; Morgan Stanley, Goldman Sachs (lead books); New York-based media and telecommunications company; commitments due 5 p.m. ET March 1.

CIRQUE DU SOLEIL: $550 million term loan B (B2/B+) price talk SOFR plus 425 to 450 bps, 0.5% floor, 0 CSA at 98, 101 soft call for six months, 1% annual amortization; Morgan Stanley; to refinance debt; also $100 million revolver; Montreal-based circus producer; lender call Feb. 22; commitments due 5 p.m. ET Feb. 28.

ENTEGRIS, INC.: $2,495,000,000 term loan B due July 6, 2029 (Baa3/BB/BBB-) price talk SOFR plus 275 bps, 0% floor, at par, 101 six-month soft call, 1% annual amortization rate; reprice term loan due 2029; Billerica, Mass.-based manufacturing company; Morgan Stanley (administrative agent, bookrunner), Barclays, BofA, Wells Fargo, PNC, Truist, Goldman Sachs; commitments due 5 p.m. ET March 6.

NOURYON HOLDING BV: $750 million five-year term loan B (B2/B+) price talk SOFR plus 400 to 425 bps at 98; to fund a sponsor dividend; Amsterdam-based specialty chemicals company, formerly known at AkzoNobel Specialty Chemicals; JPMorgan is the lead.

ABG INTERMEDIATE HOLDINGS 2 LLC (AUTHENTIC BRANDS GROUP LLC) $2.125 billion: $1.525 billion first lien term loan B-2 and $600 million delayed draw first lien term loan B-2 both due Dec. 21, 2028 (B1/B), co-terminus with existing term loan B-1; BofA (left) plus others; 101 soft call for six months; to refinance $1,525 million first lien term loan, upsize and extend the existing revolver to a new five year maturity and raise new $600 million first lien term loan B-2 (delayed draw) to finance potential acquisition; New York-based brand development, marketing and entertainment company.

KOPPERS INC. (Ba3/B+): $400 million seven-year term loan B; 101 soft call for six months; 1% annual amortization; proceeds plus revolver draw to refinance $500 million 6% senior notes due February 2025; Pittsburgh, Penn.-based provider of treated wood products, wood treatment chemicals and carbon compounds; Wells Fargo (left arranger), BofA, Fifth Third, PNC, Citizens, Truist (arrangers); lender call 1 p.m. ET March 1; commitments due noon ET March 9.

SMYRNA READY MIX CONCRET LLC: $300 million fungible add-on term loan B due 2029; SOFR plus 425 bps, 0.5% floor at 98.5 to 99; JPMorgan; to repay debt; Tenn.-based manufacturer and retailer of ready-mixed concrete; commitments due Feb. 27 end of day.

M6 ETX HOLDINGS II MIDCO LLC (M6 MIDSTREAM, LLC): $150 million fungible incremental term loan B due Sept. 15, 2029; reset six-month 101 soft call; to repay the Align Midstream credit facility and merge Align Midstream into M6; Barclays (administrative agent, sole books); Houston-based midstream company; launched on Feb. 22 lender call.

EVIOSYS (previously known as TITAN) via Kouti B.V. (existing borrower), Eviosys Packaging France S.A.S, Eviosys Embalajes España , S.A.U., Eviosys Packaging Holdings UK Ltd, Eviosys Packaging Group UK Ltd.: €400 million non-fungible term loan B due August 2028 (B2/B/B+) upsized from €350 million, pricing Euribor plus 475 bps, 0% floor, at 98; Barclays; to upstream cash dividend to shareholders; UK-based packaging company, formerly known as Titan; Feb. 27; sponsor KPS Capital Partners.

ARCHROMA via ARCHROMA FINANCE S.A.R.L.: $850 million equivalent term loans B due June 2027 (B2/B) in dollar-denominated and euro-denominated tranches; JPMorgan sole physical books and global coordinator on dollar-denominated tranche, global coordinator and passive books on euro-denominated tranche), HSBC (administrative agent for both tranches, global coordinator and passive books on dollar-denominated tranche, global coordinator and physical books on euro-denominated tranche), 0% floor on dollar-denominated tranche, 0.5% floor on euro-denominated tranche; to refinance/extend the first lien dollar-denominated and euro-denominated term loan B due August 2024 and capex facility, and general corporate purposes; Switzerland-based specialty chemicals producer; lender call 10 a.m. ET on Feb. 21, meetings to follow; commitments on dollar-denominated tranche due March 2, euro-denominated tranche on March 3.

TMS INTERNATIONAL CORP.: Lender call Feb. 16; $450 million seven-year term B (B1/BB-) talked at SOFR plus 475 bps, 0.5% floor, OID 97 to 98, 101 soft call for six months; JPMorgan; refinance existing term B; Pittsburgh-based provider of on-site, industrial steel mill services for steelmakers.

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.

CHARTER NEXT GENERATION: $325 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 350 bps (from 375 to 400 bps), 0% floor, OID 99 to 99.25 (from 99), 101 soft call for six months; BofA Securities (left), Mizuho, Credit Suisse, Truist, UBS, TPG, BD (arrangers); refinance existing term B borrowings; entertainment and sports agency; commitments due Feb. 16.

HANESBRANDS INC.: Expected closing March 8; $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.

PARTS TOWN: $450 million of incremental senior secured credit facilities, upsized from $300 million, pricing SOFR plus 650 bps, 0.75% floor at 98.5; 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; commitments due 5 p.m. ET Feb. 27.

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 (B2/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.

SOTERA HEALTH CO.: $500 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.

SUBCOM: $470 million incremental first-lien term loan (B1/B+) due April 2027 talked at SOFR+CSA plus 500 bps to 525 bps, CSA is 11 bps one-month rate, 26 bps three-month rate and 43 bps six-month rate, 0.75% floor, OID 98, 101 soft call for six months; Goldman Sachs; return capital to shareholders; Eatontown, N.J., subsea fiber optic cable turnkey services provider.

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 covenant-lite first-lien term B (Ba1/BB+) due Feb. 1, 2030 talked at SOFR+10 bps CSA plus 275 bps, 0% floor, OID 99.5 to 99.75, 101 soft call for six months; 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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