High Yield Calendar: $540 million and £325 million deals being marketed

NOVEMBER 1 WEEK

QUALITY DISTRIBUTION, INC.: $225 million second-priority senior secured notes due 2018; Credit Suisse, Bank of America Merrill Lynch, RBC Capital Markets, Jefferies & Co. (joint); Rule 144A/Regulation S with registration rights; non-callable for four years (10% of issue callable at 103 during non-call period); to redeem all outstanding senior notes and 9% notes, redeem a portion of the PIK notes due 2013, and pay down ABL facility; Tampa, Fla.-based provider of bulk transportation and related services; pricing Nov. 1; talked at 9¾%.

BAA (SH) PLC: £250 million to £325 million senior secured notes maturing in the first quarter of 2017 (Ba3//BB+); Morgan Stanley, Royal Bank of Scotland (joint global coordinators and joint books), Barclays Capital, BNP Paribas, ING, Banco Santander (joint books); to refinance remaining £465.8 million of BAA (SH)'s existing loan facility due 2011; holding company for BAA (SP) Ltd. which operates London's Heathrow and Stansted airports, owned by Spain's Grupo Ferrovial; roadshow started Oct. 28; pricing expected Nov. 1 week.

SPANSION LLC: $200 million senior notes due 2017; Barclays Capital, Morgan Stanley (joint); Rule 144A and Regulation S with registration rights; non-callable for three years; to pay down a portion of the term loan; concurrent with $125 million follow-on equity and term loan amendment; Sunnyvale, Calif.-based semiconductor device company; roadshow Oct. 29 in New York, Nov. 1 in Boston, Nov. 2 in Mid-Atlantic states and Midwest, Nov. 3 in Los Angeles and San Francisco; pricing afternoon of Nov. 3 or morning of Nov. 4.

WII COMPONENTS, INC.: $115 million five-year senior secured notes due 2015 (/B-/); Gleacher & Co. (sole); Rule 144A with registration rights/Regulation S; non-callable for two years; 35% equity clawback; 101% poison put; to fund the tender and consent for the 10% senior notes due in 2012 and for general corporate purposes; St. Cloud, Minn.-based manufacturer of hardwood cabinet doors, hardwood components and engineered wood products; roadshow started Oct. 25.

SPLIT-RATED

SEMINOLE TRIBE OF FLORIDA: $330 million first-lien Gaming Division Bonds, series 2010 due 2017 (expected Ba1/confirmed BBB-/expected BB+); Bank of America Merrill Lynch (sole); Rule 144A for life; non-callable for three years; to fund capital expenditures and for tribal uses; Hollywood, Fla.-based tribal gaming company; pricing mid-Nov. 1 week.

LATE OCTOBER OR EARLY NOVEMBER

RURAL/METRO CORP.: $200 million senior notes due 2018 (/B/); RBC Capital Markets Corp. plus others; Rule 144A; proceeds, along with proceeds from new credit facility, to refinance bank debt and fund tender offer for 12¾% senior discount notes due 2016, to pay off cash collateralized letters of credit and for working capital and general corporate purposes; Scottsdale, Ariz.-based provider of emergency and non-emergency medical transportation services, fire protection and other safety-related services.

EXPECTED NOVEMBER BUSINESS

DUNKIN' FINANCE CORP. (DUNKIN BRANDS): $625 million senior notes; J.P. Morgan Securities LLC, Barclays Capital Inc., Bank of America Merrill Lynch, Goldman Sachs & Co.; Rule 144A; proceeds, together with a new approximately $1.35 billion senior credit facility and available cash, to repay the outstanding securitization debt of Dunkin' Brands' securitization subsidiaries in full, and to pay a cash dividend to Dunkin' Brands' stockholders; Canton, Mass.-based owner of Dunkin' Donuts and Baskin-Robbins franchised restaurants; expected November business.

ON THE HORIZON

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.

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.

GYMBOREE CORP.: $520 million senior notes; also $945 million facility led by Bank of America Merrill Lynch, Credit Suisse and Morgan Stanley; to help fund the acquisition of the company by Bain Capital Partners LLC; San Francisco-based specialty retailer.

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 LLC, put on hold Sept. 28 as company announced it is seeking alternatives).

MEDASSETS INC.: $360 million notes; J.P. Morgan Securities LLC, 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.

M/I HOMES, INC.: Senior notes; to fund tender offer for $200 million 6 7/8% senior notes due 2012; Citigroup Global Markets Inc. is dealer-manager for tender, which expires Nov. 10; early tender deadline Oct. 27; Columbus, Ohio-based homebuilder.

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.

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.

THERMADYNE HOLDING CORP.: New senior unsecured notes as part of financing for the acquisition of the company by Irving Place Capital, valued at $422 million, expected to close in December; also new revolver; financing is backed by a bridge loan from Jefferies & Co. and RBC Capital Markets; St. Louis-based manufacturer and marketer of metal cutting and welding products and accessories.

TRANSDIGM GROUP INC.: $780 million senior subordinated notes; with $1.2 billion in new term loan and revolving bank debt to help fund the $1.23 billion acquisition of McKechnie Aerospace Holdings, Inc. and repay $280 million of existing term loan borrowings at TransDigm and refinance its revolver; Cleveland-based aircraft components company.

ROADSHOWS

Started Oct. 25: WII COMPONENTS, INC. $115 million; Gleacher & Co.

Pricing Nov. 1 week: QUALITY DISTRIBUTION, INC. $225 million; Credit Suisse Securities, Bank of America Merrill Lynch, RBC Capital Markets Corp., Jefferies & Co.

Started Oct. 28: BAA (SH) PLC £250 million to £325 million; Morgan Stanley, Royal Bank of Scotland, Barclays Capital, BNP Paribas, ING, Banco Santander.

Pricing mid-Nov. 1 week: SEMINOLE TRIBE OF FLORIDA $330 million; Bank of America Merrill Lynch.

Started Oct. 29: SPANSION LLC $200 million; Barclays Capital Inc., Morgan Stanley & Co. Inc.

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