Bank Loan Calendar: $18.155 billion deals being marketed

Upcoming Closings

ALTERRA MOUNTAIN CO.: $200 million add-on term B due May 2030 talked at SOFR+10 bps CSA plus 375 bps, 0% floor, OID 99.875 to par; JPMorgan; fund acquisitions and general corporate purposes; Denver-based mountain resort and adventure company.

AMER SPORTS INC.: $600 million seven-year term B (B1/BB) at SOFR plus 325 bps, 0% floor, OID 99.5, 101 soft call for six months; JPMorgan and Goldman Sachs; €600 million seven-year term B (B1/BB) at Euribor plus 350 bps, 25 bps step-down at corporate ratings of Ba3/BB-, 0% floor, issue price par, 101 soft call for six months; help refinance existing debt and general corporate purposes; sports and outdoor apparel, footwear, equipment, protective gear and accessories company.

ASCENSUS GROUP HOLDINGS: $300 million add-on term loan (B3) due August 2028 talked at SOFR+CSA plus 350 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 99.5; JPMorgan and Stone Point; repay a portion of existing second-lien term loan; Dresher, Pa., provider of technology-enabled administration services to the tax-advantaged savings market.

ASSUREDPARTNERS INC.: Expected closing Feb. 12 week; $500 million seven-year senior secured covenant-lite incremental first-lien term B-5 (B2/B) at SOFR plus 350 bps, 0.5% floor, OID 99.5, 101 soft call for six months; Morgan Stanley, Goldman Sachs, BofA Securities, Barclays, JPMorgan, BMO, RBC, Deutsche Bank, UBS, Mizuho, Macquarie and ING; repay revolver borrowings, fund acquisitions and general corporate purposes; Lake Mary, Fla., insurance brokerage firm.

BRIGHTSPRING HEALTH SERVICES INC. (PHOENIX GUARANTOR INC.): $2.566 billion senior secured covenant-lite first-lien term B (B1/B+) due February 2031 talked at SOFR plus 300 bps to 325 bps, 0% floor, OID 99, 101 soft call for six months; Morgan Stanley and KKR; refinance existing first-lien facility; Louisville, Ky., provider of home and community-based health services.

CONSOLIDATED ENERGY FINANCE SA: Expected closing mid-February; $745 million 6.75-year senior secured first-lien term B (Ba3/BB-/BB+) at SOFR plus 450 bps, 0% floor, OID 97, 101 soft call for one year; Morgan Stanley, Santander, ADCB and SMBC; help refinance bridge facilities and term loan B, reduce debt at Proman AG and general corporate purposes; acquirer and developer of companies that focus on alternative waste management and energy production.

CONSTANT CONTACT INC.: $300 million covenant-lite incremental first-lien term B (B2/B-) due February 2028; Deutsche Bank, Jefferies and others; fund the repurchase of second-lien term loan debt and a portion of Siris Capital’s equity stake; Waltham, Mass., provider of marketing automation software.

EISNERAMPER (EISNER ADVISORY GROUP LLC): $795 million seven-year covenant-lite term B talked at SOFR plus 425 bps to 450 bps, 0.5% floor, OID 99; Deutsche Bank, JPMorgan, TD Securities and Golub; refinance existing debt; New York-based professional services firm with a full suite of accounting, tax and advisory services.

ENSONO: $100 million add-on term loan (B2) at SOFR+CSA plus 400 bps, step-down to SOFR plus 375 bps, CSA is 11.448 bps one-month rate, 26.161 bps three-month rate and 42.826 bps six-month rate, 0.75% floor, OID 99.04; KKR; general corporate purposes; Downers Grove, Ill., technology adviser, innovation partner and managed service provider.

FIRST EAGLE INVESTMENT MANAGEMENT LLC: $1.775 billion five-year covenant-lite first-lien term B talked at SOFR plus 275 bps, 0% floor, OID 99, 101 soft call for six months; Morgan Stanley; refinance existing term B due February 2027; New York-based investment management firm.

GENESYS: $800 million incremental term B (B) due December 2027 talked at SOFR+CSA plus 400 bps, CSA is 11 bps one-month rate, 26 bps three-month rate and 43 bps six-month rate, 0.75% floor, OID 99 to 99.5, 101 soft call for six months; Goldman Sachs; fund a distribution to shareholders; Daly City, Calif., provider of AI-powered experience orchestration.

GETTY IMAGES INC.: $1.38 billion equivalent of term loans (B1/BB-); JPMorgan; $980 million seven-year term B talked at SOFR plus 375 bps, 0% floor, OID 99 to 99.5, 101 soft call for six months; $400 million equivalent euro seven-year term B talked at Euribor plus 400 bps, 0% floor, OID 99 to 99.5, 101 soft call for six months; refinance existing term B and senior unsecured notes; Seattle-based visual content creator and marketplace.

GLOBAL HEALTHCARE EXCHANGE LLC: $721 million term B due June 2027 talked at SOFR plus 425 bps, 0.5% floor, OID 99.75 to par, 101 soft call for six months; JPMorgan; repricing; Louisville, Colo., provider of cloud-based health care supply chain management technology and services.

GRAY TELEVISION INC.: $1.19 billion covenant-lite first-lien term F (Ba3/BB/BB+) due July 1, 2029 talked at SOFR plus 375 bps to 400 bps, 0% floor, OID 99, 101 soft call for six months; Wells Fargo; help refinance term E; Atlanta-based broadcast company.

INTERSTATE WASTE SERVICES INC.: $150 million add-on term loan due 2030 talked at SOFR plus 450 bps, 0.5% floor, OID 99.5 to 99.75; JPMorgan, BMO, MUFG, Stifel and Comerica; fund an acquisition; Teaneck, N.J., provider of waste and recycling services.

KANTAR: $650 million term B (B2) due February 2029 talked at SOFR+CSA plus 475 bps to 500 bps, CSA is 11 bps one-month rate, 26 bps three-month rate and 43 bps six-month rate, 0% floor, OID 99, 101 soft call for one year; Goldman Sachs, Morgan Stanley, BofA Securities, Barclays, HSBC, Mizuho, NatWest, Nomura, RBC, UBS and Jefferies; partial amendment and extension of existing term loans; London-based provider of global data, research, consulting, analytics products and services.

KITO CROSBY (CROSBY US ACQUISITION CORP.): $1.12 billion credit facilities (B2/B); UBS, KKR, SMBC, Mizuho, ING and Morgan Stanley; $120 million five-year revolver; $1 billion 5.5-year first-lien term loan talked at SOFR plus 425 bps to 450 bps, 0.5% floor, OID 99, 101 soft call for six months; refinance existing capital structure; manufacturer and marketer of highly engineered equipment and solutions used in lifting, rigging, and custom material handling solutions.

NORD ANGLIA EDUCATION (FUGUE FINANCE LLC): $600 million seven-year covenant-lite term B (B2/B) talked at SOFR plus 375 bps to 400 bps, 0.5% floor, OID 99.5, 101 soft call for six months; Deutsche Bank, JPMorgan, HSBC, BofA Securities, Citigroup, DBS, E. Sun, Goldman Sachs, Morgan Stanley and others; repay some revolving credit loans, and working capital and general corporate purposes; London-based K-12 schools platform.

PLAYCORE: $1.05 billion six-year term B (B2/B) talked at SOFR plus 450 bps, 1% floor, OID 98.5, 101 soft call for six months; Goldman Sachs; refinance existing first-lien term loan and fund a distribution to shareholders; Chattanooga, Tenn., designer, manufacturer and marketer of commercial playground, park, recreation and specialty equipment and related complementary products.

SERVICE LOGIC: $380 million add-on term B (B2) at SOFR+CSA plus 400 bps, step-down to SOFR plus 375 bps at 4x first-lien net leverage, CSA is 11.448 bps one-month rate, 26.161 bps three-month rate and 42.826 bps six-month rate, 0.75% floor, issue price par, 101 soft call for six months; JPMorgan; refinance an incremental term loan and add cash to the balance sheet; Charlotte, N.C., provider of aftermarket maintenance, repair and replacement services for commercial HVAC equipment, chilled water systems, and building automation and controls systems.

TRULITE HOLDING CORP.: $460 million credit facilities; Jefferies and Stifel; $60 million five-year ABL revolver; $400 million seven-year first-lien term loan (B2/B) talked at SOFR plus 600 bps, 1% floor, OID 98, 102 hard call in year one, 101 soft call in year two; refinance existing credit facilities and fund the acquisition of American Insulated Glass LLC; value-add glass and aluminum fabricator and supplier of related architectural products.

VESTIS CORP.: $800 million seven-year covenant-lite term loan B (Ba2/BB+) talked at SOFR plus 225 bps to 250 bps, 0% floor, OID 99.5, 101 soft call for six months; Wells Fargo; refinance existing term A-2; Roswell, Ga., provider of uniform rentals and workplace supplies.

WHITEWATER DBR HOLDCO LLC: $540 million seven-year senior secured term B (BB) talked at SOFR plus 275 bps to 300 bps, 0% floor, OID 99, 101 soft call for six months; Barclays; help fund acquisition of a 90% equity ownership interest in Delaware Basin Residue LLC; intra-basin Permian natural gas pipeline.

WRENCH GROUP LLC: Roughly $893 million first-lien term loan (B2) due Oct. 30, 2028 talked at SOFR+CSA plus 400 bps, CSA is 11.448 bps one-month rate, 26.161 bps three-month rate and 42.826 bps six-month rate, 0% floor, OID 99.5 to 99.75, 101 soft call for six months; Jefferies, Macquarie and Antares; extend existing first-lien term loan and incremental first-lien term loan and combine into one tranche; provider of home maintenance and repair services specializing in heating, ventilation and air conditioning, plumbing, electrical and water quality services.

On The Horizon

AMENTUM: $1.13 billion senior secured incremental first-lien term loan; JPMorgan, Morgan Stanley and RBC; fund merger with Jacobs’ Critical Mission Solutions and Cyber & Intelligence government services businesses; Chantilly, Va., engineering and technology solutions provider.

APOTEX PHARMACEUTICAL HOLDINGS INC.: New debt financing; RBC, Scotia, HSBC and Truist; help fund buyout by SK Capital Partners LP; Toronto-based pharmaceutical company.

CEDAR FAIR/SIX FLAGS: New debt financing; Goldman Sachs; $850 million revolver; potentially $500 million term B; refinance some existing debt in connection with merger of Cedar Fair and Six Flags Entertainment Corp.; Charlotte, N.C., amusement park operator.

CLEAN HARBORS INC.: New debt financing; help fund acquisition of Hepaco from Gryphon Investors; Norwell, Mass., provider of environmental and industrial services.

COHESITY: New debt financing; JPMorgan; help fund combination with Veritas’ data protection business; San Jose, Calif., AI-powered data security and management company.

CSG ELEVATE II INC.: New debt financing; JPMorgan; help fund acquisition of Vista Outdoor Inc.’s Sporting Products business by Czechoslovak Group; Anoka, Minn., ammunition manufacturer.

GLATFELTER CORP.: $1.835 billion senior secured credit facilities; Citigroup and Wells Fargo; $1.585 billion seven-year term loan; $250 million five-year ABL revolver; help fund merger with Berry Global Group Inc.’s health, hygiene and specialties global nonwovens and films business, and repay certain debt of Glatfelter; Charlotte, N.C., supplier of engineered materials.

KAMAN CORP.: New debt financing; Morgan Stanley; help fund buyout by Arcline Investment Management LP; Bloomfield, Conn., OEM and producer of subassemblies, components and parts for the aerospace & defense, industrial and medical markets.

MITER BRANDS: $2.125 billion senior secured credit facilities; KeyBanc and RBC; $325 million asset-based revolver; up to $1.8 billion term loan; help fund acquisition of PGT Innovations Inc.; manufacturer of precision-built windows and doors.

OSAIC INC.: $500 million incremental term loan (B1); UBS; help fund acquisition of Lincoln Financial Group’s wealth management business; provider of wealth management solutions.

RESTAURANT BRANDS INTERNATIONAL INC.: Roughly $750 million of term loan debt; help fund acquisition of Carrols Restaurant Group Inc.; Toronto-based quick service restaurant company.

ROCKET SOFTWARE INC.: Incremental senior secured term loans; RBC, Barclays, Deutsche Bank, UBS, Citigroup, HSBC, Mizuho and SMBC; help fund acquisition of OpenText’s Application Modernization and Connectivity business; Waltham, Mass., provider of enterprise infrastructure software.

ROSEN GROUP: New debt financing; Barclays; help fund buyout by Partners Group; provider of solutions in all areas of the integrity process chain.

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