Bank Loan Calendar: $8.88 billion deals being marketed

October Lender Calls

MINIMAX VIKING: Lender call Oct. 11; minimum $500 million term B (Ba3) due July 2028, 101 soft call for six months; Deutsche Bank, UniCredit and Commerzbank; also minimum €450 million term B (Ba3) due July 2028, 101 soft call for six months; amend and extend U.S. and euro term loans; Bad Oldesloe, Germany, fire protection company.

Upcoming Closings

ADT INC. (PRIME SECURITY SERVICES BORROWER LLC): $1.4 billion seven-year term B (Ba2/BB) talked at SOFR plus 250 bps to 275 bps, 0% floor, OID 99, 101 soft call for six months; Barclays, Deutsche Bank, Mizuho, RBC, Citigroup, Morgan Stanley, MUFG, BNP Paribas and Citizens; help refinance an existing term B; Boca Raton, Fla., provider of security, automation and smart home solutions services.

CITCO: $410 million add-on term B due April 2028 talked at SOFR plus 350 bps, 0.5% floor, OID 99 to 99.5, 101 soft call expiring in October; Goldman Sachs; fund minority shareholder recapitalization; hedge fund, private equity and real estate administrator.

DELRIN: $700 million equivalent U.S. and euro seven-year first-lien term loan (U.S. tranche has minimum size of $500 million) (B2/B+); Goldman Sachs, RBC, BMO, UBS, KeyBanc and KKR; U.S. term loan talked at SOFR plus 450 bps, 0.5% floor, OID 98 to 98.5, 101 soft call for six months; euro term loan talked at Euribor plus 450 bps, 0% floor, OID 98 to 98.5, 101 soft call for six months; help fund acquisition of an 80.1% ownership interest in the company by The Jordan Co. from DuPont; producer of acetal homopolymer, a high-end engineering thermoplastic.

EVERTEC INC.: $600 million seven-year covenant-lite term B (Ba3/BB-) talked at SOFR plus 375 bps to 400 bps, 0.5% floor, OID 98.5, 101 soft call for six months; Truist; help fund acquisition of Sinqia; Puerto Rico-based full-service transaction processing company.

FR REFUEL LLC: $120 million incremental covenant-lite first-lien term loan (B3/B-) due Nov. 8, 2028 talked at SOFR plus 475 bps, 0.75% floor, OID 97, 101 soft call for six months; Citizens; term out revolver outstandings and fund an acquisition; Charleston, S.C., regional convenience store operator.

GENTIVA: $500 million add-on term B due February 2028 talked at SOFR plus 525 bps, 0.5% floor, OID 97 to 97.5; Goldman Sachs, Deutsche Bank, UBS, BNP Paribas, Citizens, Truist, Wells Fargo, Mizuho and Natixis; fund acquisition of Heartland hospice and home care agencies/locations from ProMedica; provider of hospice, palliative, and personal care services.

HOMESERVE NORTH AMERICA: $1.05 billion seven-year term B (B1/BB-) talked at SOFR plus 325 bps to 350 bps, 0% floor, OID 99, 101 soft call for six months; Deutsche Bank, MUFG, RBC, ING, BofA Securities and Brookfield; refinance existing capital structure; Norwalk, Conn., provider of low-cost service plans, repair and energy efficiency services.

MEDIMPACT (MI OPCO HOLDINGS INC.): $1.2 billion of 5.5-year first-lien term loans (B2/B+); BofA Securities; $550 million term B talked at SOFR+10 bps CSA plus 550 bps to 575 bps, 0% floor, OID 99, non-call one; $650 million delayed-draw term B talked at SOFR+10 bps CSA plus 550 bps to 575 bps, 0% floor, OID 99, non-call one; repay revolver and term A borrowings and fund potential near-term acquisition opportunities; San Diego-based pharmacy benefit manager.

QLIK (PROJECT ALPHA INTERMEDIATE HOLDING INC.): $2.4 billion seven-year senior secured covenant-lite first-lien term B (B2/B/BB+) talked at SOFR plus 450 bps to 475 bps, 0.5% floor, OID 98 to 98.5, 101 soft call for six months; Morgan Stanley, BMO, Goldman Sachs, HSBC, BofA Securities, Citigroup, Mizuho and Scotia; refinance outstanding debt of Qlik and Talend; King of Prussia, Pa., data analytics 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.

CETERA FINANCIAL GROUP: $2.001 billion credit facilities; UBS, Goldman Sachs, BMO, Deutsche Bank, Truist, Jefferies and Morgan Stanley; $1.0105 billion extended term loan, $690.5 million incremental term loan; $175 million extended revolver; $125 million incremental revolver; help fund acquisition of Avantax Inc.; San Diego-based financial advisor Wealth Hub.

EVERISE: New debt financing; BMO; support recapitalization in connection with investment by Warburg Pincus; Plantation, Fla., healthcare services outsourcing company.

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.

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, UBS, BNP Paribas, Mizuho, TD Securities, Rabobank, Natixis, Regions, Citizens, ING, Stifel and Scotia; help fund buyout by Clayton, Dubilier & Rice LLC; Atlanta-based distributor of packaging, facility solutions and print products.

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