High Yield Calendar: $0.71 billion and C$150 million being marketed

JULY 25 WEEK

MAIN ST. PERSONAL FINANCE, INC.: $95 million senior secured notes due 2019 (B3/B-); Cortview Capital Securities (sole); Rule 144A for life; non-callable for four years; to fund the acquisition of Express Cash Advance, to repay revolver, to fund the buy-out of a minority equity and debt holder and for general corporate purposes; Cleveland, Tenn.-based financial company does business as Approved Cash Advance, Quik Lend, and A Dollar; price talk 13% to 13½%.

FIESTA RESTAURANT GROUP, INC.: $200 million five-year senior secured second-lien notes; Wells Fargo Securities LLC, Jefferies & Co.; Rule 144A, Regulation S; non-callable for 2½ years (special call for up to 10% at 103 during non-call period removed); operator of Hispanic-themed Pollo Tropical and Taco Cabana casual-dining restaurants, indirect, wholly-owned subsidiary of Carrols Restaurant Group, Inc., a Syracuse, N.Y.-based restaurant operator; part of financing for spin off of Fiesta; roadshow started Friday, investor call Monday, pricing during July 25 week; books close 1 p.m. ET Wednesday except West Coast accounts; talked at 8.75% to 9%.

KRUGER PRODUCTS LP: C$150 million senior note due 2018 (expected ratings /B/DBRS: BB); Scotia Capital Inc. (books), National Bank Financial Inc., RBC Capital Markets Corp., TD Securities Inc., Bank of America Merrill Lynch, CIBC World Markets Inc., Desjardins Securities Inc., HSBC Capital (Canada) Inc. Laurentian Bank Securities, Inc. (co's); non-callable for four years; three-year 35% equity clawback; 101% poison put; Montreal-based pulp and paper producer; to refinance bank debt and for general corporate purposes; roadshow July 19-25.

TEMPEL STEEL CO.: $130 million senior secured notes due 2016 (B3/B); Jefferies & Co., Inc. (sole); Rule 144A for life; callable in 2.5 years at par plus 75% of coupon; proceeds, together with a $30 million equity contribution from shareholders, to refinance existing credit facility; Chicago-based manufacturer of magnetic steel laminations used in the production of motors and transformers; roadshow July 20-28.

AUG. 1 WEEK

M&G FINANCE CORP.: $500 million senior notes due 2018 (expected ratings B3//BB); J.P. Morgan Securities LLC (sole); Rule 144A and Regulation S for life; non-callable for four years; to fund capital expenditures, to repay debt, to provide liquidity and for working capital; Houston-based Mossi & Ghisolfi (M&G) produces polyethylene terephthalate (PET) resin for packaging applications; U.S. roadshow started July 25, London roadshow during Aug. 1 week.

EXPECTED JULY BUSINESS

SIAG SCHAAF INDUSTRIE AG: Up to €50 million five-year notes (/CCC+/); IKG (lead manager), Steubing (co-lead); manufacturer of steel components for onshore and offshore wind turbines.

ON THE HORIZON

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.

BORMIOLI ROCCO HOLDINGS SA: €250 million seven-year senior secured notes (B1/BB-); non-callable for three years; to finance a planned acquisition and refinance existing debt; unit of Bormioli Rocco & figlio SpA of Fidenza, Italy, a maker of glass and plastic containers for the pharmaceutical, food and beverage and cosmetics industries, as well as consumer-oriented glass products.

CKX ENTERTAINMENT, INC.: $360 million senior secured second-lien notes due 2019 (/B-/); Goldman Sachs & Co. (left books), Macquarie Group Ltd. (joint books); Rule 144A and Regulation S; non-callable for four years; to fund the purchase of common stock and repay existing credit facility; New York City-based owner and developer of entertainment content.

DIAMOND FOODS INC.: $300 million notes; also $1.75 million credit facility; Bank of America Merrill Lynch; to help fund the merger with Pringles Co., expected to close by the end of 2011; Diamond Foods is a San Francisco-based packaged food company. Pringles is a potato crisp brand.

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.

GGC SOFTWARE HOLDINGS INC.: $560 million senior notes and $1.115 billion credit facility; Credit Suisse Securities (USA) LLC, Bank of America 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.

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 Bank of America 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.

ROCK OHIO CAESARS LLC: $380 million senior secured second-lien notes; part of the financing to fund construction of casinos in Cleveland and Cincinnati; also $125 million term loan, $62.5 million 12-month delayed-draw term loan and $62.5 million 18-month delayed-draw term loan via lead banks Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc.; joint venture of Livonia, Mich.-based Rock Gaming LLC and Las Vegas-based Caesars Entertainment Corp.

SEALED AIR CORP.: $1.5 billion equivalent senior notes expected to be split into $1 billion and €500 million offerings, and $3 billion equivalent credit facilities; Citigroup Global Markets Inc., Bank of America Merrill Lynch, BNP Paribas Securities Corp. and RBS Securities Inc.; to help fund Sealed Air's acquisition of Diversey Holdings Inc. from the Johnson family and Clayton, Dubilier & Rice LLC for $2.1 billion in cash and an aggregate of 31.7 million shares of Sealed Air common stock, in a transaction valued at $4.3 billion, expected to close during 2011 ($1.4 billion Diversey debt to be refinanced); Sealed Air is an Elmwood Park, N.J.-based manufacturer of packaging systems for food, industrial, medical, and consumer applications; Diversey is a Sturtevant, Wis.-based provider of cleaning, sanitization and hygiene products.

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.

SPIE: Expected €300 million to €400 million notes; Morgan Stanley, HSBC, SG CIB, Credit Agricole CIB, Deutsche Bank; proceeds along with approximately €1 billion of bank debt to help fund the LBO of the company by Clayton Dubilier & Rice, Axa Private Equity and Caisse de Depot et Placement du Quebec from PAI Partners from PAI Partners; France-based mechanical engineering firm; expected September business.

WII COMPONENTS, INC.: New subordinated notes and new credit facility; to fund a tender offer and consent solicitation for its $105.85 million of 10% senior notes due 2012, consent deadline July 7, 2011; St. Cloud, Minn. cabinet manufacturer.

ROADSHOWS

July 19-25: KRUGER PRODUCTS LP C$150 million; Scotia Capital Inc.

July 20-28: TEMPEL STEEL CO. $130 million; Jefferies & Co., Inc.

Started July 25: M&G FINANCE CORP. $500 million; J.P. Morgan Securities LLC.

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