Bank Loan Calendar: $2.7626 billion deals being marketed

April Lender Calls

QUALTRICS: Lender call April 11; $1 billion seven-year term B (B/BB+) talked at SOFR plus 375 bps to 400 bps, 25 bps step-down at 1.25x gross leverage and 25 bps step-down upon an IPO, 0.5% floor, OID 98, 101 soft call for six months; JPMorgan, BMO, Citigroup, Credit Suisse, Deutsche Bank, KKR, Mizuho, RBC, UBS and Wells Fargo; help fund buyout by Silver Lake and Canada Pension Plan Investment Board; Provo, Utah and Seattle, Wash.-based cloud-native software provider.

Upcoming Closings

OPTIV INC.: $725 million first-lien term loan (B3/B-) due August 2026 talked at SOFR plus 500 bps to 525 bps, 1% floor, OID 96.5, 101 soft call for six months; Jefferies and KKR; help refinance existing debt and fund acquisition of ClearShark LLC; Denver-based pureplay cyber security solutions provider.

PDC WELLNESS & PERSONAL CARE (PARFUMS HOLDING CO. INC): Up to $687.6 million credit facilities (B3/B-); Nomura and Macquarie; $39 million revolver due March 2026; up to $648.6 million covenant-lite first-lien term loan due June 2026 talked at SOFR+CSA plus 600 bps, CSA is 11.4 bps one-month rate, 26.2 bps three-month rate and 42.8 bps six-month rate, 1.5% floor, OID 94 for new money, 600 bps extension fee for existing lenders, hard call 102, 101; extension of existing revolver and first-lien term loan; Stamford, Conn., wellness and personal care products company.

THE SIMPLY GOOD FOODS CO.: $350 million senior secured term B (Ba3/BB+) due March 17, 2027 talked at SOFR+CSA plus 275 bps to 300 bps, CSA is 10 bps one-month rate, 15 bps three-month rate and 25 bps six-month rate, 0.5% floor, OID 99, 101 soft call for six months; Barclays, BMO, Deutsche Bank and Goldman Sachs; amend and extend existing term B; Denver-based developer, marketer and seller of branded nutritional foods and snacking products.

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.

CVENT HOLDING CORP.: $1 billion credit facilities; Morgan Stanley, UBS and Citizens; $100 million revolver; $900 million term loan; help fund buyout by Blackstone; Tysons, Va., provider of meetings, events and hospitality technology.

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.

SOLENIS: New debt financing; BofA Securities and Goldman Sachs; help fund acquisition of Diversey Holdings Ltd.; Wilmington, Del., manufacturer of specialty chemicals used in water-intensive industries.

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.

UNIVAR SOLUTIONS INC.: $3.5 billion senior secured credit facilities; $1.4 billion asset-based revolver; $2.1 billion term loan; help fund buyout by Apollo; Downers Grover, Ill., specialty chemical and ingredient distributor.

VISTRA OPERATIONS: New term loan debt; Citigroup, BMO and Mizuho; help fund acquisition of Energy Harbor Corp.; Irving, Tex., retail electricity and power generation company.

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