Bank Loan Calendar: $4.9553 billion deals being marketed

July Lender Calls

ODYSSEY LOGISTICS & TECHNOLOGY CORP.: Lender call July 10; roughly $627.3 million credit facilities (B2/B); UBS, Credit Suisse, JPMorgan, RBC, Citizens and KeyBanc; $125 million revolver; $502.3 million first-lien term loan; amend and extend; Danbury, Conn., provider of multi-modal logistics services and technology solutions.

OMNIA PARTNERS LLC: Lender call July 10; $2.03 billion credit facilities (B2/B); Barclays, Fifth Third, Brinley, BNP Paribas, Citizens, UBS, Jefferies and Golub; $250 million revolver; $1.625 billion seven-year first-lien term loan; $155 million first-lien delayed-draw term loan; fund acquisition of Premier Inc.’s non-healthcare group purchasing organization operations, refinance existing debt and general corporate purposes; Franklin, Tenn., non-healthcare group purchasing organization.

RISK STRATEGIES CO.: Lender call July 10; unitranche incremental delayed-draw term loan; Golub; support ongoing acquisition opportunities; Boston-based insurance brokerage firm.

Upcoming Closings

ION CORPORATES: $400 million term loan due July 2030 talked at SOFR plus 450 bps to 475 bps, 0% floor, OID 96, 101 soft call for six months; BNP Paribas and JPMorgan; refinance some existing debt and general corporate purposes, including a distribution and adding cash to the balance sheet; provider of software and solutions focused on corporate treasury and commodities management.

LACKAWANNA ENERGY CENTER LLC: $945 million senior secured credit facilities (Ba3/BB-); Morgan Stanley, BMO, BNP Paribas and MUFG; $120 million revolver; $380 million six-year term B-2 talked at SOFR plus 500 bps, 0.5% floor, OID 97, 101 soft call for six months; $95 million six-year term C talked at SOFR plus 500 bps, 0.5% floor, OID 97, 101 soft call for six months; $350 million privately placed term B-1 at 9.5% fixed-rate, non-call two, 101; refinance existing debt and cash-collateralize letters of credit; combined-cycle natural gas-fired power plant located in Jessup, Pa.

SITEONE LANDSCAPE SUPPLY HOLDING LLC: $120 million add-on term loan talked at SOFR+CSA plus 200 bps, CSA is 11.448 bps one-month rate, 26.161 bps three-month rate and 42.826 bps six-month rate, 0.5% floor, OID 99.03; JPMorgan; pay down ABL borrowings and general corporate purposes; Roswell, Ga., distributor of wholesale irrigation, landscape lighting, nursery, hardscapes, maintenance products and supplies for the green industry.

UPFIELD: $833 million term B due January 2028 at SOFR plus 475 bps, OID 97.5, 101 soft call for six months; KKR, BNP Paribas, Citigroup, Credit Agricole, Credit Suisse, Goldman Sachs, HSBC, ING, Mizuho, RBC, Societe Generale, UniCredit, and Deutsche Bank (on euros and sterling only); also €2.375 billion term B due January 2028 at Euribor plus 500 bps, OID 97.5, 101 soft call for six months; £656 million term B due January 2028 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.

BAUSCH + LOMB CORP.: New debt financing; JPMorgan; fund acquisition of Xiidra, libvatrep and AcuStream from Novartis; Vaughan, Ont., eye health company.

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.

WORLDPAY: New debt financing; JPMorgan, Goldman Sachs, Citigroup, Wells Fargo, Deutsche Bank and UBS; help fund buyout of a majority stake by GTCR from Fidelity National Information Services Inc. (FIS); provider of payment processing solutions.

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