Bank Loan Calendar: $22.0866 billion deals being marketed

April Lender Calls

SAVAGE ENTERPRISES LLC: Lender call April 8; $275 million incremental senior secured first-lien term B; Morgan Stanley; support an acquisition; Salt Lake City-based supply chain provider.

THRYV INC.: Lender call April 11; $350 million term B; Citizens; refinance existing term B; Dallas-based software and marketing services company.

Upcoming Closings

AECOM: $700 million seven-year first-lien term B (Baa3) talked at SOFR plus 187.5 bps to 200 bps, 0% floor, OID 99.5, 101 soft call for six months; BofA Securities; help refinance existing first-lien credit facilities and add cash to the balance sheet; Dallas-based provider of professional infrastructure consulting services.

AMAWATERWAYS LLC: $525 million seven-year term B (B2/B) talked at SOFR plus 375 bps to 400 bps, 25 bps step-downs at 4.5x and 4x first-lien net leverage and 25 bps step-down upon an IPO, 0% floor, OID 99, 101 soft call for six months; JPMorgan; help fund buyout by L Catterton from a consortium of investors led by Certares; Calabasas, Calif., luxury river cruise line.

AMG CRITICAL MATERIALS NV: $100 million add-on senior secured term B due November 2028 (Ba2/BB-) 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 99.03, 101 soft call for six months; HSBC and Citigroup; lithium resource development and general corporate purposes; Amsterdam and Wayne, Pa.-based producer and developer of energy storage materials such as lithium and vanadium.

ANTICIMEX INC.: $402 million covenant-lite term B due November 2028 (B2/B) talked at SOFR plus 375 bps, 25 bps step-down at 4.5x first-lien net leverage, 0.5% floor, OID 99.75, 101 soft call for six months; Deutsche Bank, BNP Paribas, Goldman Sachs, Morgan Stanley, Nordea and SEB; repay revolver borrowings, general corporate purposes and reprice term B-5; Stockholm-based preventive pest control company.

APX GROUP INC. (VIVINT): $1.316 billion term B due July 9, 2028 at SOFR plus 275 bps, 0.5% floor, issue price par, 101 soft call for six months; BofA Securities; repricing; smart home platform company.

BRANDSAFWAY: $1.478 billion first-lien term B (including $150 million add-on) due August 2030 (B-) at SOFR plus 450 bps, 0.5% floor, issue price par, 101 soft call for six months; Goldman Sachs, JPMorgan, Barclays, Natixis, ING, Societe Generale, Deutsche Bank, Credit Agricole, UBS, Morgan Stanley and SMBC; repricing and repay revolver borrowings; Atlanta-based provider of specialty craft services to industrial, commercial and infrastructure markets.

BUYERS EDGE PLATFORM: $550 million seven-year term B (B1/B) talked at SOFR plus 400 bps, 0% floor, OID 99 to 99.5, 101 soft call for six months; JPMorgan, BofA Securities, Truist, Wells Fargo and GA Credit; refinance existing debt, fund a distribution and add cash to the balance sheet; Waltham, Mass., provider of procurement, supply chain management and software services to foodservice operators.

CUSHMAN & WAKEFIELD: $998 million term B due 2030 at SOFR plus 375 bps, 0.5% floor, issue price par, 101 soft call for six months; JPMorgan; repricing; Chicago-based commercial real estate services company.

END-USER COMPUTING (MODENA BUYER LLC): $2.86 billion credit facilities (B2/B); UBS, KKR, Jefferies, Citigroup, Natixis, SMBC and Scotia; $260 million five-year revolver; $2.6 billion seven-year first-lien term loan talked at SOFR plus 400 bps to 425 bps, 0% floor, OID 98.5, 101 soft call for six months; help fund buyout by KKR from Broadcom Inc.; Toledo, Ohio, provider of digital workspace solutions.

ENDO: $1.65 billion credit facilities (B2/B+); Goldman Sachs and JPMorgan; $400 million super-priority revolver; $1.25 billion seven-year term B talked at SOFR plus 475 bps to 500 bps, 25 bps step-down at 0.5x inside closing date first-lien net leverage, 0.5% floor, OID 98 to 98.5, 101 soft call for six months; help fund exit from Chapter 11; Dublin-based specialty pharmaceutical company.

GENESEE & WYOMING INC.: $2.725 billion seven-year term B (Ba3/BB) at SOFR plus 200 bps, 0% floor, OID 99.5, 101 soft call for six months; RBC, Wells Fargo, BMO, TD Securities, Scotia and Citigroup; help refinance existing debt and fund a shareholder distribution; Darien, Conn., provider of rail freight transportation and support services.

GEOSTABILIZATION INTERNATIONAL: $45 million add-on term loan at SOFR plus 525 bps, 0% floor, issue price par; KKR and UBS; acquisition financing; provider of highly specialized, mission-critical, and non-discretionary geohazard mitigation solutions.

HERBALIFE LTD. (HLF FINANCING SARL LLC): $800 million credit facilities; Citigroup, Rabobank, BofA Securities, Citizens and Mizuho; $400 million revolver; $400 million senior secured five-year covenant-lite term B (Ba2/B+) at SOFR plus 675 bps, 0.5% floor, OID 93, hard call 102, 101, soft call 101; help refinance existing credit facilities and partially repay notes; Los Angeles-based health and wellness company.

MAUSER PACKAGING SOLUTIONS HOLDING CO.: $792 million term B due April 15, 2027 (B2) talked at SOFR plus 350 bps to 375 bps, 0% floor, OID 99.875 to par, 101 soft call for six months; BofA Securities; repricing and extension; Oak Brook, Ill.-based provider of rigid packaging products and services.

MEGA BROADBAND INVESTMENTS LLC: $60 million incremental covenant-lite term loan B due 2027 talked at SOFR+CSA plus 300 bps, 25 bps step-down at 4.75x 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, OID 99.3; Truist, UBS and Citizens; repay revolver borrowings; broadband provider.

MYEYEDR. (MED PARENTCO. LP): Roughly $1.5506 billion credit facilities (B3/B-); Jefferies, Goldman Sachs, UBS, Nomura, Golub and KKR; roughly $150.6 million five-year revolver; $1.4 billion seven-year first-lien term loan at SOFR plus 400 bps, 25 bps step-down at 4.25x first-lien leverage, 0% floor, OID 99.5, 101 soft call for six months; help refinance existing debt; optometry platform.

RADNET MANAGEMENT INC.: $1.09 billion credit facilities (Ba3); Barclays; $250 million five-year revolver; $840 million seven-year term B talked at SOFR plus 275 bps, 0% floor, OID 99, 101 soft call for six months; refinance existing revolver, repay existing term B and general corporate purposes; Los Angeles-based owner and operator of outpatient diagnostic imaging centers.

RESTAURANT BRANDS INTERNATIONAL INC.: $750 million add-on senior secured covenant-lite term loan due Sept. 21, 2030 (BB+) at SOFR plus 225 bps, 0% floor, OID 99.875; JPMorgan; help fund acquisition of Carrols Restaurant Group Inc.; Toronto-based quick service restaurant company.

RYMAN HOSPITALITY PROPERTIES INC. (RHP HOTEL PROPERTIES LP): $295 million term B due May 18, 2030 at SOFR plus 225 bps, 0% floor, issue price par, 101 soft call for six months; Wells Fargo; repricing; Nashville-based real estate investment trust that owns and operates a portfolio of large, group-oriented hotels in urban and resort markets.

SAMSONITE INTERNATIONAL SA: $500 million term B talked at SOFR plus 200 bps, 0.5% floor, OID 99.75 to par, 101 soft call for six months; JPMorgan; repricing; Hong Kong-based manufacturer of bags and luggage.

VEEAM SOFTWARE: $2 billion term B due April 2031 (B2/B) at SOFR plus 325 bps, 0% floor, OID 99.75, 101 soft call for six months; JPMorgan; refinance existing debt; Columbus, Ohio, provider of backup solutions that deliver cloud data management.

VISUAL COMFORT: $275 million first-lien term B due July 2028 (B2/B) talked at SOFR plus 350 bps, 0.5% floor, OID 99.04, 101 soft call for six months; Goldman Sachs; refinance existing second-lien term loan; Houston-based provider of decorative and functional lighting products.

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.

CADENT LLC: New debt financing; RBC; help fund acquisition of AdTheorent Holding Co. Inc.; New York-based provider of platform-based converged TV advertising solutions.

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.

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

DELTA UTILITIES: New debt financing; Jefferies and Scotiabank; help fund acquisition of CenterPoint Energy Inc.’s natural gas distribution operations in Louisiana and Mississippi; New Orleans-based natural gas distribution company.

ENDEAVOR GROUP HOLDINGS INC.: New debt financing; JPMorgan, Morgan Stanley, BofA Securities, Goldman Sachs, Barclays, Deutsche Bank and RBC; help fund buyout by Silver Lake; Beverly Hills, Calif., sports and entertainment company.

EVERI HOLDINGS INC./INTERNATIONAL GAME TECHNOLOGY INC. (IGNITE ROTATE LLC): $3.22 billion senior secured credit facilities; Deutsche Bank and Macquarie; $500 million five-year revolver; $2.72 billion seven-year term loan; help fund merger of Everi with International Game Technology plc’s Global Gaming and PlayDigital businesses; gaming and fintech company.

FIRST ADVANTAGE CORP.: $2.07 billion credit facilities; BofA Securities, Barclays, BMO, Jefferies and RBC; $250 million five-year revolver; $1.82 billion seven-year senior secured incremental covenant-lite term loan expected at SOFR plus 325 bps, two 25 bps step-downs at first-lien leverage of 0.5x and 1x less than at closing, 0% floor, 101 soft call for six months; help fund acquisition of Sterling Check Corp., retire existing Sterling debt, and expand and extend existing revolver; Atlanta-based provider of employment background screening, identity and verification solutions.

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.

NUVEI CORP.: $3.15 billion credit facilities; BMO; $600 million revolver; $2.55 billion term loan; help fund buyout by Advent International; Montreal-based technology provider in the payments industry.

PRESIDIO: New debt financing; JPMorgan, Citigroup, Wells Fargo, RBC, BNP Paribas, UBS and Deutsche Bank; help fund buyout by Clayton Dubilier & Rice from BC Partners; New York-based technology services and solutions provider.

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.

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