Bank Loan Calendar: $15.3848 billion deals being marketed

March Lender Calls

U.S. SILICA HOLDINGS INC.: Lender call March 6; $950 million seven-year term B talked at SOFR plus 475 bps, 0.5% floor, OID 97 to 98, 101 soft call for six months; BNP Paribas; help refinance existing term B; also getting new revolver; Katy, Tex., industrial minerals and logistics company.

Upcoming Closings

ARCHROMA: $850 million equivalent U.S. and euro term B (B2/B) due June 2027; JPMorgan (left on U.S.), HSBC (left on euro) and BofA Securities; U.S. term B talked at SOFR+525 bps, one step-down, 0.5% floor, OID 95 to 96, 101 soft call for six months; euro term B talked at Euribor plus 500 bps, two step-downs, 0% floor, OID 95 to 96, 101 soft call for six months; refinance/extend the first lien U.S. and euro term B due August 2024 and capex facility, and general corporate purposes; Switzerland-based specialty chemicals producer.

AUTHENTIC BRANDS GROUP LLC (ABG INTERMEDIATE HOLDINGS 2 LLC): $2.025 billion first-lien term B-2 (including $500 million delayed-draw tranche) (B1/B) due Dec. 21, 2028 at SOFR+CSA plus 400 bps, CSA is 10 bps one-month rate, 15 bps three-month rate and 25 bps six-month rate, 0% floor, OID 98.5, 101 soft call for six months; BofA Securities; refinance existing debt and fund potential acquisition; New York-based brand development, marketing and entertainment company.

CETERA FINANCIAL GROUP (ARETEC GROUP): $750 million seven-year incremental first-lien term loan (B) talked at SOFR+CSA plus 450 bps to 475 bps, CSA is 10 bps one-month rate, 15 bps three-month rate and 25 bps six-month rate, 0% floor, OID 97, 101 soft call for six months; UBS, BMO, Deutsche Bank, Jefferies, Goldman Sachs, Truist and Antares; fund acquisition of retail wealth business of Securian Financial Group Inc.; San Diego-based network of financial professionals.

CIRQUE DU SOLEIL: Expected closing March 8; $650 million credit facilities (B2/B+); Morgan Stanley, Goldman Sachs, JPMorgan and RBC; $550 million seven-year covenant-lite term B at SOFR plus 425, 0.5% floor, OID 99, 101 soft call for six months; $100 million revolver; refinance existing debt; Montreal-based circus producer.

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

ENTEGRIS INC.: $2.495 billion covenant-lite term B (Baa3/BB/BBB-) due July 6, 2029 talked at SOFR plus 275 bps, 0% floor, issue price par, 101 soft call for six months; Morgan Stanley, Barclays, BofA Securities, Wells Fargo, PNC, Truist and Goldman Sachs; repricing; Billerica, Mass., manufacturing company.

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.

HELP AT HOME: $130 million add-on term loan due 2027 talked at SOFR+CSA plus 500 bps, CSA is 10 bps one-month rate, 15 bps three-month rate and 25 bps six-month rate, 1% floor, OID 97.01; Jefferies; repay revolver borrowings and general corporate purposes; Chicago-based provider of home care and support.

INEOS QUATTRO: €750 million equivalent U.S. and euro seven-year term B (minimum $400 million tranche); JPMorgan and Deutsche Bank; U.S. term B talked at SOFR+10 bps CSA plus 375 bps, 0% floor, OID 98.5 to 99, 101 soft call for one year; euro term B talked at Euribor plus 400 bps, 0% floor, OID 98.5 to 99, 101 soft call for one year; fund a dividend and general corporate purposes; chemicals company.

KOPPERS INC.: $400 million seven-year covenant-lite term B (Ba3/BB-/BB+) talked at SOFR+10 bps CSA plus 350 bps to 375 bps, 0.5% floor, OID 97.5 to 98, 101 soft call for six months; Wells Fargo, BofA Securities, Fifth Third, PNC, Citizens and Truist; help refinance notes; Pittsburgh-based provider of treated wood products, wood treatment chemicals and carbon compounds.

NOURYON HOLDING BV: $750 million five-year term B (B2/B+/BB-) talked at SOFR+10 bps CSA plus 400 to 425 bps, 0% floor, OID 98, 101 soft call for one year; JPMorgan; fund a sponsor dividend; Amsterdam-based specialty chemicals company.

QLIK TECHNOLOGIES INC. (PROJECT ALPHA INTERMEDIATE HOLDING INC.): $1.3898 billion covenant-lite term B (B3/B) due April 2027 talked at SOFR plus 400 bps to 425 bps, 0.5% floor, OID 99 to 99.5, 101 soft call for six months; Morgan Stanley; amend and extend; King of Prussia, Pa., data analytics company.

TERRAFORM POWER OPERATING LLC: $500 million green term B talked at SOFR+10 bps CSA plus 225 bps, 0.5% floor, OID 99.75 for existing lenders, OID 99.5 for new money, 101 soft call for six months; RBC; repricing; New York-based owner and operator of a renewable power portfolio including solar and wind assets.

UBER TECHNOLOGIES INC.: Expected closing March 3; $1.75 billion seven-year senior secured first-lien term B (Ba3/BB-) at SOFR plus 275 bps, 0% floor, OID 99.75; Morgan Stanley, Barclays, Citigroup, Goldman Sachs, JPMorgan, RBC and TD Securities; refinance existing debt; San Francisco-based online transportation network company.

VANTAGE SPECIALTY CHEMICALS INC.: $820 million first-lien term B (B2/B-/B+) due Oct. 26, 2026 talked at SOFR plus 475 bps, 0.5% floor, OID 97 to 98, 101 soft call for six months; Morgan Stanley, Citigroup, KKR, RBC and MUFG; refinance existing first- and second-lien term loans; Chicago-based specialty chemicals company.

VIRGIN MEDIA BRISTOL LLC: Expected closing March 6 week; $750 million eight-year first-lien term Y (Ba3/BB-/BB+) at SOFR+10 bps CSA plus 325 bps, 0% floor, OID 99, 101 soft call for six months; Morgan Stanley, Goldman Sachs, Scotia, Citigroup, Credit Agricole, HSBC, Lloyds, MUFG, Santander and SMBC; general corporate purposes including debt repayment; New York-based media and telecommunications company.

WRENCH GROUP: $150 million incremental term loan due April 2026 talked at SOFR+10 bps CSA plus 475 bps, 0.5% floor, OID 97.5 to 98; Jefferies, Macquarie and Antares; general corporate purposes; provider of home maintenance and repair services specializing in heating, ventilation and air conditioning, plumbing, electrical and water quality services.

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.

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.

GENTIVA: New debt financing; Goldman Sachs, Deutsche Bank, UBS, BNP Paribas, Citizens, Truist and Wells Fargo; fund acquisition of Heartland hospice and home care agencies/locations from ProMedica; hospice, palliative and personal care company.

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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