High Yield Calendar: $4.195 billion and €590 million being marketed

MAY 2 WEEK

MILAGRO OIL & GAS, INC.: $250 million senior secured notes due 2016 (Caa2); Credit Suisse Securities (USA) LLC, Wells Fargo Securities LLC (joint); Rule 144A and Regulation S with registration rights; non-callable for three years; three-year 35% equity clawback; 101% poison put; to repay outstanding second-lien term and PIK facilities, and a portion of the revolver; Houston-based energy company; roadshow started April 28; pricing May 2 week.

ALBAUGH INC.: Up to $300 million notes due 2018 (expected ratings B3//BB-); J.P. Morgan Securities LLC (global coordinator), Citigroup Global Markets Inc., Wells Fargo Securities LLC; Rule 144A and Regulation S; non-callable for three years; to repay a substantial amount of existing secured and unsecured notes; Ankeny, Iowa-based producer and distributor of off-patent (generic) chemicals used for crop protection in the U.S., Argentina, Brazil, Mexico and Europe; roadshow April 28 in Los Angeles, April 29 in Boston, May 2 in New York, May 3 in New York and London, May 4 in London.

U.S. FOODSERVICE, INC.: $400 million senior notes due 2019 (Caa2); Deutsche Bank Securities Inc., Citigroup Global Markets Inc., Goldman Sachs & Co., J.P. Morgan Securities LLC, Morgan Stanley & Co. Inc., Wells Fargo Securities LLC (joint), KKR Capital Markets (co); Rule 144A with registration rights; non-callable for three years; 101% poison put; to refinance debt and for general corporate purposes; Columbia, Md., broadline foodservice distributor; roadshow starts May 2; pricing middle of May 2 week.

SENSATA TECHNOLOGIES HOLDING NV: $600 million senior notes; Barclays Capital Inc. plus others (books) also $1.45 billion credit facility; to refinance existing debt and for general corporate purposes; Almelo, Netherlands-based supplier of sensing, electrical protection, control and power management solutions; expected as quick-to-market transaction during May 2 week.

NEFF RENTAL LLC $200 million second-lien senior secured notes due 2016 (Caa1/B-); Morgan Stanley & Co. Inc., Jefferies & Co.; Rule 144A for life; non-callable for two years; to pay down a portion of its ABL facility and to make a distribution to members of Neff Holdings LLC; Miami-based privately owned construction equipment rental company; roadshow May 2 week.

TFS CORP.: $175 million senior secured notes due 2018 (/B/); Global Hunter Securities, Clarkson Capital Markets, Knight Securities; non-callable for four years; to fund land acquisitions and general corporate purposes; Nedlands, Western Australia-based owner and operator of sandalwood plantations; global roadshow starts May 2 in Singapore.

BEFESA ZINC ASER SA: €300 million senior secured notes due 2018 (/B+/); Barclays (global coordinator and joint bookrunner), SG CIB (joint bookrunner); Rule 144A and Regulation S for life; non-callable for three years; to refinance bank debt and fund a dividend to shareholders; Altzaga, Spain-based metals and recycling business; roadshow May 2-5.

HECKLER & KOCH GMBH: €290 million equivalent senior secured notes due 2018 (Caa1/CCC+) in dollars and euros; Citigroup (sole), Close Brothers (co); Rule 144A and Regulation S for life; non-callable for three years; to refinance existing operating company and holding company debt; Oberndorf, Germany-based small-arms maker; roadshow May 3-4 in New York and Boston, May 4-6 London, Edinburgh, Frankfurt, Munich, Paris, Amsterdam, Luxembourg.

CHABODA MODERN AGRICULTURE (HOLDINGS) LTD.: Dollar-denominated senior guaranteed notes due 2016 (Ba2/BB); Citigroup Global Market Inc., Credit Suisse Securities (Europe) Ltd. (joint global coordinators). Citigroup, Credit Suisse, Merrill Lynch International (joint books); Regulation S; non-callable for three years; to finance capital expenditures, for infrastructure development and for general corporate purposes; Fuzhou, China fruit and vegetable producer; pricing expected early May 2 week following brief roadshow.

MAY 9 WEEK

HARMONY FOODS CORP.: $105 million senior secured notes due 2016; Imperial Capital (sole); Rule 144A and Regulation S for life; non-callable for 2.5 years; to refinance existing debt and fund a distribution to shareholders; Santa Cruz, Calif.-based manufacturer of gummy chewable vitamins, doing business via Santa Cruz Nutritionals; roadshow May 2-10.

EAGLE PARENT, INC. (EPICOR/ACTIVANT): $465 million senior notes due 2019; Merrill Lynch (lead left), RBC Capital Markets (joint books); Rule 144A with registration rights; non-callable for four years; 101% poison put; proceeds, together with senior secured credit facilities, to fund the acquisition of Epicor Software Corp. and Activant Group Inc.; Epicor is an Irvine, Calif.-based provider of enterprise business software services; Activant is a Livermore, Calif.-based technology provider of ERP and point-of-sale software; roadshow starts May 4; global investor call May 5; pricing May 9 week.

UNIT CORP.: $200 million senior subordinated notes due 2021 (expected ratings B3/BB-/BB-); Merrill Lynch, BMO Nesbitt Burns (joint), BBVA Securities, Credit Agricole CIB, BNP Paribas, Comerica Investments, BOSC Securities, BB&T Securities (co's); SEC registered; non-callable for five years; 101% poison put; to repay bank debt and for general corporate purposes; Tulsa, Okla.-based oil and gas company; pricing May 9 week.

MAY 16 WEEK

CHRYSLER GROUP LLC and CORPORATE CO-ISSUER: $2.5 billion secured senior notes with eight-year and 10-year maturities; Merrill Lynch, Goldman Sachs & Co. (joint physical books), Citigroup Global Markets, Morgan Stanley & Co. (passive books); Rule 144A with registration rights; eight-year notes non-callable for four years; 10-year notes non-callable for five years; also $5 billion credit facility; proceeds, together with the $1.3 billion in proceeds from the recently announced exercise by Fiat of an option to acquire an incremental 16% ownership interest in Chrysler Group, to repay its loans from the U.S. and Canadian governments in full (debt and equity transactions expected to take place concurrently); Auburn Hills, Mich.-based producer of Chrysler, Jeep, Dodge, Ram, Mopar and Fiat vehicles and products; pricing May 17 week.

PRIVATE PLACEMENT

WOODBINE ACQUISITION CORP.: $225 million senior secured notes due 2016 with warrants for common shares; Global Hunter Securities, Knight Securities; Regulation D; non-callable for two years; to fund the acquisition of Woodbine Properties and for general corporate purposes; Fort Worth, Texas-based oil and gas exploration and production company; best efforts expiring May 31.

EXPECTED MAY BUSINESS

EMERGENCY MEDICAL SERVICES CORP.: $950 million senior notes; also $1.725 billion credit facility; debt financing to be led by Barclays Capital Inc., Deutsche Bank Securities Inc., Merrill Lynch, Morgan Stanley & Co. Inc., RBC Capital Markets, UBS Investment Bank; proceeds, along with equity, to fund buyout of the company by Clayton, Dubilier & Rice LLC; Greenwood Village, Colo.-based provider of health care transportation services and outsourced physician services to health care facilities; expected May business.

KINDRED HEALTHCARE INC.: $550 million senior notes; J.P. Morgan Securities LLC; part of debt financing for planned acquisition of RehabCare Group, Inc., expected to close June 30, 2011; also includes $1.3 billion credit facility; Kindred Healthcare is a Louisville, Ky.-based health-care services company; expected early May business.

RURAL/METRO CORP.: New high-yield bonds and credit facility; Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc. and Jefferies & Co. are leading the financing; to help fund the acquisition of the company by Warburg Pincus; Scottsdale, Ariz.-based provider of emergency and non-emergency ambulance services and private fire protection services.

SARATOGA RESOURCES INC.: $150 million first-lien senior secured notes; to refinance substantially all of the company's debt; oil & gas development and exploration company with operations in Southern Louisiana and offices in Houston and Covington, La.

ON THE HORIZON

ALPHA NATURAL RESOURCES INC.: Up to $1.7 billion senior notes, also $1.6 billion credit facility; Citigroup and Morgan Stanley are leading the credit facility and the bridge financing; proceeds, along with cash on hand, to fund the acquisition of Massey Energy Co., expected to close mid-2011, refinance $1.4 billion of Massey debt and refinance existing debt at Alpha, including its term loan A; Abingdon, Va.-based Alpha Natural Resources and Richmond, Va.-based Massey are coal companies.

AMC NETWORKS INC. (RAINBOW MEDIA HOLDINGS LLC): New senior notes and senior secured credit facility to finance the spin-off from Cablevision Systems Corp., expected to be completed by mid-2011; proceeds to refinance all existing debt at Rainbow Media as well as to repay $1.25 billion of Cablevision and/or CSC Holdings LLC debt, and for general corporate purposes; Bethpage, N.Y.-based telecommunications, media and entertainment company.

AMERICAN TOWER CORP.: Expected issue of high-yield notes, as part of a refinancing of bank debt maturing in 2012; Boston-based wireless and broadcast communications infrastructure company.

DNO INTERNATIONAL ASA: $200 million to $300 million senior secured bonds due 2016; Pareto Securities AS, ABG Sundal Collier ASA and Fearnley Fonds ASA; for general corporate purposes; Oslo, Norway, oil and gas exploration and production company.

DUOCOMMUN INC.: $200 million senior notes; UBS Securities LLC and Credit Suisse Securities (USA) LLC (joint); also $240 million credit facility; to fund its acquisition of LaBarge Inc., expected to close in the second quarter of 2011, and repay debt; Ducommun is a Carson, Calif.-based provider of engineering and manufacturing services to the aerospace and defense industry.

ENDO PHARMACEUTICALS: New bonds and bank debt via Morgan Stanley and Merrill Lynch; to help fund its acquisition of American Medical Systems, expected to close in third quarter of 2011; Endo is a Chadds Ford, Pa.-based specialty health care company.

GALA CORAL GROUP, LTD.: Up to £600 million senior notes with minimum seven-year tenor; Goldman Sachs & Co. and Royal Bank of Scotland expected to be involved; to repay senior secured bank loans; Nottingham, England-based gaming and off-track betting company; expected early 2011 business.

GGC SOFTWARE HOLDINGS INC.: $560 million senior notes and $1.115 billion credit facility; Credit Suisse Securities (USA) LLC, Merrill Lynch, Morgan Stanley Senior Funding, Inc., Royal Bank of Canada, Deutsche Bank Securities Inc. are leading the financing; to fund the LBO of Lawson Software by Golden Gate Capital and Infor Global Solutions, expected to close in third quarter of 2011; St. Paul, Minn.-based enterprise software developer.

INTERNATIONAL WIRE GROUP, INC.: $110 million senior secured notes due 2015; to fund one-time distribution to stockholders and option holders; consent solicitation via Wells Fargo Securities, LLC expires on April 1; Camden, N.Y.-based electrical wire manufacturer.

KRUGER INC.: Up to C$210 million PIK toggle notes (upsized from C$200 million); GMP Securities; project finance; Montreal-based paper products manufacturer.

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 services 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 Merrill Lynch, J.P. Morgan Securities LLC, put on hold Sept. 28 as company announced it is seeking alternatives).

NAL OIL & GAS: C$150 million to C$250 million notes; RBC Capital Markets, BMO Nesbitt Burns; Calgary, Alta., trust acquires interests in Canada's upstream conventional oil and gas industry.

NEWLEAD HOLDINGS LTD.: $120 million senior secured bonds due 2016; Rule 144A and Regulation S; to finance certain vessel purchase commitments, to refinance the debt of certain vessels and for general corporate purposes; Piraeus, Greece-based international, vertically integrated mixed fleet shipping company.

NORWEGIAN ENERGY CO. ASA (NORECO): NOK 550 million to 600 million senior secured bonds due 2016; First Securities, Pareto Securities (joint managers), SEB Merchant Banking (co-manager) for financing of Noreco's share of the costs associated with the Oselvar development and other petroleum activities on the Norwegian continental shelf; Stavanger, Norway-based energy company.

PREMIER FOODS PLC (Ba2/BB/BB): New high-yield bonds; to settle swap agreements, diversify sources of funding and reduce reliance on bank debt; St. Albans, England-based food producer; possibly launching during Feb. 21 week.

SI ORGANIZATION INC.: $175 million senior subordinated notes; J.P. Morgan Securities LLC; to help fund $815 million to help fund Veritas Capital's acquisition of Lockheed Martin Corp.'s Enterprise Integration Group; Valley Forge, Pa.-based provider of engineering, integration services, modeling, simulation, analysis and risk mitigation services to the U.S. intelligence community; possible early 2011 business.

SILGAN HOLDINGS INC.: $400 million senior subordinated notes (with the ability to issue $500 million senior notes) and $4 billion credit facility; Merrill Lynch; to help fund the acquisition of Graham Packaging Co. Inc., expected to close in the third quarter of 2011; Silgan is a Stamford, Conn.-based manufacturer of consumer goods packaging products.

ROADSHOWS

Started April 28: MILAGRO OIL & GAS, INC. $250 million; Credit Suisse Securities (USA) LLC, Wells Fargo Securities LLC.

April 28-May 4: ALBAUGH INC. Up to $300 million; J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Wells Fargo Securities LLC.

Starts May 2: TFS CORP. $175 million; Global Hunter Securities, Clarkson Capital Markets, Knight Securities.

Starts May 2: U.S. FOODSERVICE, INC. $400 million; Deutsche Bank Securities Inc., Citigroup Global Markets Inc., Goldman Sachs & Co., J.P. Morgan Securities LLC, Morgan Stanley & Co. Inc., Wells Fargo Securities LLC.

Pricing early May 2 week: CHABODA MODERN AGRICULTURE (HOLDINGS) LTD. Dollar-denominated notes; Citigroup, Credit Suisse, Merrill Lynch International.

May 2-5: BEFESA ZINC ASER SA: €300 million; Barclays, SG CIB.

May 2 week: NEFF RENTAL LLC $200 million; Morgan Stanley & Co. Inc., Jefferies & Co.

May 2-10: HARMONY FOODS CORP. $105 million; Imperial Capital

May 3-6: HECKLER & KOCH GMBH €290 million equivalent; Citigroup.

Starts May 4: EAGLE PARENT, INC. (EPICOR/ACTIVANT) $465 million; Merrill Lynch, RBC Capital Markets.

Pricing May 9 week: UNIT CORP. $200 million; Merrill Lynch, BMO Nesbitt Burns.

Pricing May 16 week: CHRYSLER GROUP LLC and CORPORATE CO-ISSUER $2.5 billion; Merrill Lynch, Goldman Sachs & Co., Citigroup Global Markets Inc., Morgan Stanley & Co. Inc.

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