Bank Loan Calendar: $7.086 billion deals being marketed

Upcoming Closings

CHART INDUSTRIES INC.: $250 million add-on term B (B+) due March 2030 at SOFR+10 bps CSA plus 375 bps, 0.5% floor, OID 99.5, 101 soft call until September; JPMorgan; general corporate purposes, including to repay existing debt; Ball Ground, Ga., manufacturer of highly engineered equipment servicing multiple applications in the energy and industrial gas markets.

CYANCO INTERMEDIATE 2 CORP.: $420 million five-year covenant-lite term loan B (B2/B) talked at SOFR plus 475 bps to 500 bps, 0% floor, OID 97, 101 soft call for six months; Deutsche Bank, Morgan Stanley, RBC and Societe Generale; refinance existing term B; Sugar Land, Tex., supplier of sodium cyanide and a pure play provider of both liquid and solid-form NaCN.

DAVE & BUSTER’S INC.: $900 million covenant-lite term B (B1/B) due June 2029 at SOFR+10 bps CSA plus 375 bps, 0.5% floor, OID 99, 101 soft call for six months; Deutsche Bank, JPMorgan, BMO, Wells Fargo, Truist, Capital One and Fifth Third; refinance existing term B and general corporate purposes; Coppell, Tex., owner and operator of entertainment and dining venues.

EG GROUP: $2.791 billion first-lien term B (B-/B+) due February 2028 at SOFR plus 550 bps, 0.5% floor, OID 96, 101 soft call for six months; Barclays, JPMorgan, Deutsche Bank, Rabobank, BofA Securities, Goldman Sachs, HSBC, ING, Lloyds, Morgan Stanley, SMBC and UBS; also €2.117 billion first-lien term B due February 2028 at Euribor plus 550 bps, 0% floor, OID 96, 101 soft call for six months; £600 million first-lien term B due February 2028 at Sonia plus 650 bps, 0% floor, OID 96, 101 soft call for six months; A$378 million first-lien term B due February 2028 at BBSY plus 550 bps, 0% floor, OID 96, 101 soft call for six months; amend and extend; Blackburn, U.K., convenience retail and fuel station company.

HELIX GEN FUNDING LLC: $700 million senior secured term loan (BB-) due Dec. 31, 2027 talked at SOFR plus 450 bps to 475 bps, 0.5% floor, OID 98, 101 soft call for six months; Barclays, Goldman Sachs, RBC, BMO, MUFG, Mizuho and SMBC; amend and extend existing term B; power producer.

IDEMIA: $642 million first-lien term B (B2) due September 2028 talked at SOFR plus 475 bps to 500 bps, one 25 bps step-down based on leverage, 0.75% floor, OID 98, 101 soft call for six months; JPMorgan, BNP Paribas, Credit Agricole, HSBC Securities, Societe Generale, CM-CIC, Deutsche Bank, Goldman Sachs, Natixis and Nomura; also €1.45 billion first-lien term B (B2) due September 2028 talked at Euribor plus 475 bps to 500 bps, two 25 bps step-downs based on leverage, 0% floor, OID 98, 101 soft call for six months; amend and extend; France-based provider of security technology products and services.

SOLENIS: Expected close early July; $500 million incremental term B (B3/B-) due Nov. 9, 2028 at SOFR plus 500 bps, 0.5% floor, OID 95, 101 soft call for six months; Goldman Sachs, BofA Securities, BMO, HSBC, Deutsche Bank, Citigroup, Macquarie and Nomura; help fund acquisition of Diversey Holdings Ltd.; Wilmington, Del., manufacturer of specialty chemicals used in water-intensive industries.

UPFIELD: $883 million term B due January 2028 talked at SOFR plus 475 bps to 500 bps, OID 97.5, 101 soft call for six months; KKR, BNP Paribas, Citigroup, Credit Agricole, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, ING, Mizuho, RBC, Societe Generale and UniCredit; also €2.375 billion term B due January 2028 talked at Euribor plus 475 bps to 500 bps, OID 97.5, 101 soft call for six months; £656 million term B due January 2028 talked at Sonia plus 575 bps, OID 97, 101 soft call for six months; amend and extend; Amsterdam-based plant-based consumer product company.

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.

ARCONIC CORP.: $2.2 billion senior secured credit facilities; JPMorgan and Wells Fargo; $1.2 billion asset-based revolver; $1 billion term loan; help fund buyout by Apollo Global Management Inc.; Pittsburgh-based provider of aluminum sheet, plate, and extrusions, as well as architectural products.

BIOPHARMA SOLUTIONS: New debt financing; help fund buyout by Advent International and Warburg Pincus from Baxter International Inc.; provider of sterile contract manufacturing solutions, parenteral delivery systems and customized support services to the pharma and biotech industries.

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.

SYNEOS HEALTH INC.: $2.7 billion senior secured credit facilities; Goldman Sachs, UBS, RBC, BMO, HSBC, Wells Fargo, Citigroup, Jefferies, Macquarie, Natixis and Truist; $500 million revolver; $2.2 billion term loan; help fund buyout by Elliott Investment Management, Patient Square Capital and Veritas Capital; Morrisville, N.C., biopharmaceutical solutions organization.

TEMPUR SEALY INTERNATIONAL INC.: New debt financing; help fund acquisition of Mattress Firm Group Inc. and repay Mattress Firm’s outstanding debt; Lexington, Ky., designer, manufacturer, distributor and retailer of bedding products.

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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