Bank Loan Calendar: $11.09 billion deals being marketed

September Lender Calls

ENERGYSOLUTIONS LLC: Lender call Sept. 7; $640 million term B; RBC; primarily refinance existing term B, partially pay down revolver borrowings and fund acquisition of Williams Industrial Services Group Inc.’s nuclear, fossil, energy delivery and paper mill operations; Salt Lake City-based nuclear services company.

IRIDIUM SATELLITE LLC: Lender call Sept. 7; $1.5 billion seven-year covenant-lite term B (Ba3/BB/BBB-) talked at SOFR+10 bps CSA plus 250 bps, 0.75% floor, OID 99 to 99.5, 101 soft call for six months; Deutsche Bank, Wells Fargo, Barclays and RBC; refinance existing term B; McLean, Va., provider of mobile satellite communications services.

ST. JOSEPH ENERGY CENTER: Lender meeting Sept. 7; $337 million first-lien term B due around September 2028; BNP Paribas; amend and extend; owner of a combined cycle gas-fired power plant located in New Carlisle, Ind.

SYNEOS HEALTH INC.: Lender call Sept. 7; $2.5 billion senior secured credit facilities; Goldman Sachs, UBS, RBC, BMO, HSBC, Wells Fargo, Citigroup, Jefferies, Macquarie, Natixis, Truist, Citizens, MUFG, SMBC, Capital One and Societe Generale; $500 million revolver; $2 billion term B (B1/B/BB); help fund buyout by Elliott Investment Management, Patient Square Capital and Veritas Capital; Morrisville, N.C., biopharmaceutical solutions organization.

Upcoming Closings

CHG HEALTHCARE: Expected closing Oct. 2; $580 million incremental first-lien term loan (B2/B) due September 2028 at SOFR plus 375 bps, 0.5% floor, OID 99, 101 soft call for six months; Goldman Sachs, JPMorgan, Barclays, BMO and Citigroup; refinance existing second-lien notes and fund a dividend; Salt Lake City-based private healthcare staffing company that specializes in temporary physician staffing services.

RESTAURANT BRANDS INTERNATIONAL INC.: Roughly $4.163 billion term B due September 2030 talked at SOFR plus 250 bps, 0% floor, OID 98.5 to 99, 101 soft call for six months; JPMorgan; help refinance an existing term B; Toronto-based quick service restaurant company.

SALLY BEAUTY HOLDINGS INC.: $399 million term B due Feb. 28, 2030 talked at SOFR plus 225 bps, 0% floor, issue price par, 101 soft call for six months; BofA Securities; repricing; Denton, Tex., retailer and distributor of professional beauty supplies.

TAMKO BUILDING PRODUCTS LLC: $821 million term B (B2/BB-) due 2030 talked at SOFR plus 350 bps, 25 bps step-down at less than 3.5x first-lien net leverage, 0% floor, OID 98.5 to 99, 101 soft call for six months; JPMorgan; help refinance existing term B; Galena, Kan., roofing products manufacturer.

WATERBRIDGE MIDSTREAM OPERATING LLC: $150 million incremental term B due June 21, 2026 talked at SOFR+CSA plus 575 bps, CSA is 11.448 bps one-month rate, 26.161 bps three-month rate and 42.826 bps six-month rate, 1% floor, OID 99, 101 soft call for six months; Barclays; help redeem series A-1 Conoco preferred equity; Houston-based midstream company that owns and operates permanent water infrastructure systems.

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.

ARAMARK UNIFORM SERVICES: Roughly $1.8 billion credit facilities; $300 million revolver; $1.5 billion in term loan debt; help fund spin-off from Aramark; provider of full-service rental programs with programs focused on uniforms, floor mats, towels, linens, managed restroom and first aid services.

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.

EVERTEC INC.: $600 million in one or more incremental term B loans; Truist; help fund acquisition of Sinqia; Puerto Rico-based full-service transaction processing company.

FIRE & SECURITY HOLDINGS LLC: New debt financing; help fund buyout by GTCR from ADT Inc.; commercial security, fire and life safety company.

FOGO DE CHAO: New debt financing; Deutsche Bank; help fund buyout by Bain Capital Private Equity from Rhone Capital; Dallas-based steakhouse chain.

FORWARD AIR CORP.: New credit facilities; Morgan Stanley, Citigroup, Goldman Sachs and JPMorgan; term B; $400 million revolver; help fund acquisition of Omni Logistics LLC from Ridgemont Equity Partners and EVE Partners LLC and refinance existing debt; Greeneville, Tenn., provider of transportation services.

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.

HERITAGE-CRYSTAL CLEAN INC.: New senior secured credit facilities; Jefferies and SMBC; revolver; first-lien term loan; help fund buyout by J.F. Lehman & Co.; Hoffman Estates, Ill., provider of parts cleaning, hazardous and non-hazardous waste services, used oil re-refining, antifreeze recycling, industrial and field services, and emergency and spill response services.

HERSHA HOSPITALITY TRUST: New debt financing; Wells Fargo and Citigroup; help fund buyout by KSL Capital Partners LLC; Harrisburg, Pa. real estate investment trust that owns luxury and lifestyle hotels.

SIMON & SCHUSTER: New credit facilities; Jefferies, KKR, UBS, HSBC, RBC, Mizuho and Goldman Sachs; roughly $1.1 billion term loan; revolver; help fund buyout by KKR from Paramount Global; New York-based general interest publishing company.

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.

VERITIV CORP.: New debt financing; Goldman Sachs, RBC, Wells Fargo, BMO and UBS; help fund buyout by Clayton, Dubilier & Rice LLC; Atlanta-based distributor of packaging, facility solutions and print 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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