High Yield Calendar: $5.45 billion, CHF 1.475 billion and €450 million deals marketed

OCTOBER 4 WEEK

REYNOLDS GROUP ISSUER ENTITIES $3 billion notes due April 15, 2019: $1.5 billion senior secured notes (Ba3/BB), price talk 7¼% area, and $1.5 billion senior unsecured notes (Caa1/B), price talk 9¼% area; Credit Suisse, HSBC (joint books), ANZ (joint lead manager); Rule 144A with registration rights; both tranches non-callable for four years; to finance the acquisition of Pactiv Corp.; Reynolds is a Chicago-based manufacturer and supplier of consumer food and beverage packaging and storage products; books close noon ET on Wednesday

DINEEQUITY INC.: $825 million senior unsecured notes due 2018 (B3/CCC+); Barclays Capital Inc., Goldman Sachs & Co. (joint); Rule 144A/Regulation S with registration rights; non-callable for four years; to refinance outstanding Applebee's and IHOP securitization debt, redeem a portion of series A stock; DineEquity is a Glendale, Calif.-based owner of Applebee's Neighborhood Grill & Bar and IHOP Restaurants; price talk 9 5/8% area; pricing late Wednesday morning.

ATU AUTO-TEILE-UNGER HANDELS GMBH & Co. KG: €450 million senior unsecured notes due April 2014 (B3/B-); Goldman Sachs & Co., Morgan Stanley; Rule 144A/Regulation S for life; non-callable; to refinance bank debt; Germany-based automobile and truck repair franchisee; roadshow Sept. 27-30.

NAVIOS MARITIME ACQUISITION CORP. and NAVIOS ACQUISITION FINANCE (US) INC.: $375 million first priority ship mortgage notes due 2017 (expected ratings B2/B); Bank of America Merrill Lynch, J.P. Morgan Securities LLC (joint), Citigroup, Goldman Sachs & Co., Commerz, DVB, DnB (co's); Rule 144A with registration rights; non-callable for three years; 101% poison put; to repay bank debt; provides marine tanker services to the chemical and petroleum sectors; roadshow starts Oct. 1; pricing Oct. 4 week.

SUNRISE COMMUNICATIONS INTERNATIONAL SA and SUNRISE COMMUNICATIONS HOLDINGS SA: CHF 1.475 billion equivalent: CHF 800 million equivalent senior secured notes due 2017, non-callable for three years, in CHF- and euro-denominated tranches, and CHF 675 million equivalent senior unsecured notes due 2018, non-callable for four years, in euro-denominated notes; Deutsche Bank, BNP Paribas (global coordinators and joint bookrunners), UBS, SG CIB, UniCredit (joint bookrunners), ING (co); Rule 144A/Regulation S; to fund purchase of Sunrise Communications AG from TDC A/S by funds managed and advised by CVC Capital Partners; Zurich-based integrated telecommunications services provider; roadshow starts Oct. 5 in London, Oct. 6 in London, Zurich and Edinburgh, Oct. 7 in Paris and Frankfurt.

ALTA MESA HOLDINGS, LP: $300 million senior notes due 2018 (B3/B/); Wells Fargo Securities, Citigroup Global Markets Inc.; Rule 144A with registration rights/Regulation S; non-callable for four years; to repay second-lien term loan, to pay down revolver, to make a distribution to Alta Mesa Investment Holdings, Inc. and for general corporate purposes; Houston-based onshore oil and gas exploration and production company; investor call Oct. 4; pricing late Oct. 4 week.

BRICKMAN GROUP HOLDINGS, INC.: $300 million senior notes due 2018 (B3/CCC+); Bank of America Merrill Lynch, Barclays Capital Inc. (joint), Citigroup Global Markets Inc., Jefferies & Co., Morgan Stanley & Co. Inc. (co's); Rule 144A for life; non-callable for four years; 101% poison put; proceeds, along with new credit facility, to redeem the outstanding senior subordinated notes and make a cash distribution to the equity holders; Gaithersburg, Md.-based commercial landscaping company; pricing late Oct. 4 week.

OCTOBER 11 WEEK

EVRAZ INC. NA and EVRAZ INC. NA CANADA: $650 million senior notes due 2017 (/B/); Credit Suisse, Barclays Capital Inc. (joint), BNP Paribas, Commerzbank, Credit Agricole CIB, Deutsche Bank Secureities, ING, Natixis Bleichroeder, RBS Securities, SG CIB, UBS Investment Bank, UniCredit; Rule 144A for life; non-callable for four years; to refinance existing intercompany debt owed to parent Evraz Group SA; Portland, Ore.-based steel company with operations in the United States and Canada; roadshow starts Oct. 4 week; pricing Oct. 11 week.

ON THE HORIZON

AIR MEDICAL GROUP HOLDINGS: New notes and ABL revolver; Bank of America Merrill Lynch, Barclays Capital Inc., Citigroup Global Markets Inc., Morgan Stanley & Co. Inc.; to fund proposed recapitalization, expected to close during the third or fourth quarter of 2010; Boca Raton, Fla.-based provider of air medical services.

CABLEVISION SYSTEMS CORP.: New high-yield bonds as part of approximately $1 billion in bank and bond debt financing to fund the $1.365 billion acquisition of Bresnan Communications, expected to close late 2010 or early 2011; Bank of America Merrill Lynch and Citigroup are the lead banks on the debt; Cablevision is a Bethpage, N.Y.-based telecommunications, media and entertainment company.

CLEARWATER PAPER CORP.: $350 million senior notes; Bank of America Merrill Lynch; to help fund its acquisition of Cellu Tissue Holdings Inc., expected in the fourth quarter of 2010; Clearwater is a Spokane, Wash.-based manufacturer of consumer tissue, bleached paperboard and wood products.

GRIFOLS SA: $1.1 billion high-yield notes; also $3.4 billion credit facility (Ba3/BB) via Deutsche Bank, Nomura, BBVA, BNP Paribas, HSBC and Morgan Stanley, expected to launch during July 2010; to help fund the company's acquisition of Talecris Biotherapeutics Holdings Corp.; Grifols is a Barcelona, Spain-based health care company and producer of plasma protein therapies. Talecris is a Research Triangle Park, N.C.-based biotherapeutics products company.

HAWKEYE GROWTH LLC (HAWKEYE RENEWABLES): Up to $150 million first-lien notes; PrinceRidge Group; proceeds, along with cash on hand, to refinance debt; Ames, Iowa-based ethanol producer.

LODGENET INTERACTIVE CORP.: Possible debt financing that could include bonds; to repay bank debt; Sioux Falls, S.D.-based provider of interactive media and connectivity solutions to the hospitality industry and interactive patient education, information and entertainment systems to health-care facilities; ($435 million six-year senior secured second-lien notes, B3/B/, via Bank of America Merrill Lynch, J.P. Morgan Securities Inc., put on hold Sept. 28 as company announced it is seeking alternatives).

THE MANITOWOC CO., INC.: $500 million minimum senior unsecured notes; SEC registered; to refinance a portion of its term loans under its senior secured credit facility; Manitowoc, Wis.-based manufacturer cranes and lift equipment.

MEDASSETS INC.: $360 million notes; J.P. Morgan Securities Inc., Barclays Capital Inc., also $750 million facility; to fund acquisition of Broadlane Group and refinance existing bank debt, transaction expected to close before end of 2010; MedAssets is an Alpharetta, Ga.-based provider of technology enabled products and services for hospitals, health systems and ancillary health care providers.

PAETEC HOLDING CORP.: $420 million senior secured notes; Deutsche Bank, Bank of America Merrill Lynch; to help fund the acquisition of Cavalier Telephone Corp. from M/C Venture Partners, expected to close in late 2010 or early 2011; Paetec is a Fairport, N.Y.-based provider of business communications.

PRESTIGE BRANDS HOLDINGS PLC: bank and/or bond financing to help fund the $190 million acquisition of Blacksmith Brands Holdings Inc., expected to close in the fourth quarter of 2010; Irvington, N.Y.-based marketer of branded over-the-counter health-care products, household cleaning products and personal care products.

RADIO ONE, INC.: $100 million senior notes due 2017 (Caa2/CCC+); to finance the purchase of an increased stake in TV One; also new $400 million credit facility, via Deutsche Bank Securities Inc.; Lanham, Md.-based radio broadcaster targeting African American audiences in urban communities.

SABRA HEALTH CARE REIT INC.: $225 million notes; also $100 million revolver; proceeds, along with Sun Healthcare Group Inc.'s $285 million credit facility, to repay Sun's 9 1/8% senior subordinated notes and the outstanding term loans under Sun's existing credit facility, and for general corporate purposes.

ROADSHOWS

Started Sept. 29: DINEEQUITY INC. $825 million; Barclays Capital Inc., Goldman Sachs & Co.

Starts Oct. 1: NAVIOS MARITIME ACQUISITION CORP. and NAVIOS ACQUISITION FINANCE (US) INC. $375 million; Bank of America Merrill Lynch, J.P. Morgan Securities LLC.

Pricing late Oct. 4 week: BRICKMAN GROUP HOLDINGS, INC. $300 million; Bank of America Merrill Lynch, Barclays Capital Inc.

Pricing late Oct. 4 week: ALTA MESA HOLDINGS, LP: $300 million; Wells Fargo Securities, Citigroup.

Oct. 4-6: REYNOLDS GROUP ISSUER ENTITIES $3 billion; Credit Suisse, HSBC.

Oct. 4 week: EVRAZ INC. NA and EVRAZ INC. NA CANADA $650 million; Credit Suisse, Barclays Capital.

Starts Oct. 5: SUNRISE COMMUNICATIONS INTERNATIONAL SA and SUNRISE COMMUNICATIONS HOLDINGS SA CHF 1.475 billion equivalent; Deutsche Bank, BNP Paribas, UBS, SG CIB, UniCredit.

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