High Yield Calendar: $4.12 billion and €675 million deals being marketed

APRIL 26 WEEK

REYNOLDS GROUP ISSUER LLC: $1 billion senior unsecured notes due 2018; Credit Suisse (sole); Rule 144A/Regulation S with registration rights; non-callable for four years; 101% poison put; to help fund the acquisitions of the Evergreen Packaging group of companies and the Whakatane Mill from Carter Holt Harvey Ltd.; Reynolds Group is an Auckland, New Zealand-based manufacturer and supplier of consumer food and beverage packaging and storage products; price talk 8½% area yield; books close 5 p.m. ET Tuesday (10 a.m. ET Wednesday for West Coast accounts), pricing thereafter.

LEVI STRAUSS & CO.: Senior notes in two tranches (B2): $460 million due 2020, non-callable for five years, and €275 million due 2018, non-callable for four years; Bank of America Merrill Lynch, J.P. Morgan Securities Inc. (joint), HSBC Securities, Scotia Capital, UBS Investment Bank (co's); Rule 144A/Regulation S with registration rights; 101% poison put; to refinance 8 5/8% euro senior notes due 2013 and 9¾% senior notes due 2015 and for general corporate purposes; San Francisco-based apparel company; price talk 7¾% area on both tranches; pricing Thursday morning, New York time.

ESSAR STEEL HOLDINGS LTD. and GALLOP HOLDINGS LLC: Benchmark dollar denominated senior unsecured notes due 2017 (B2/B); UBS Investment Bank, Bank of America Merrill Lynch, Deutsche Bank Securities, Standard Chartered Bank (joint); Rule 144A/Regulation S for life; non-callable for four years; to refinance existing debt, fund capital expenditures and acquisitions, and for general corporate purposes; vertically integrated global steel producer based in Mumbai, India; roadshow April 12-22 (deal delayed due to travel circumstances related to volcanic ash in Europe).

CIRSA FUNDING LUXEMBOURG SA: €400 million senior notes due 2018 (B3/B+); Deutsche Bank Securities; non-callable for four years; also €30 million revolver; to repay existing €270 million unsecured bonds due 2014, to repay other debt and for general corporate purposes; Madrid-based gaming company; roadshow April 26-27.

PENSON WORLDWIDE, INC.: $200 million senior secured second-lien notes due 2017 (B1/BB-); J.P. Morgan Securities Inc., UBS Investment Bank (joint), Morgan Keegan & Co. Inc., JMP Securities (co's); Rule 144A/Regulation S for life; non-callable for four years; to repay credit facility and make a capital contribution to regulated subsidiaries; Dallas-based provider of securities clearing, margin lending and other related services to the brokerage industry; roadshow April 21-27; pricing expected April 28.

SOUTHERN STATES COOPERATIVE, INC.: $125 million senior notes due 2015 (B3/expected B+); Jefferies & Co. (sole); Rule 144A for life; non-callable for three years; to refinance outstanding senior notes due 2011 and make a contribution to its pension plan; Richmond, Va.-based supplier of agricultural products and services east of the Mississippi River; roadshow April 21-29.

COOPER-STANDARD AUTOMOTIVE INC.: $450 million senior notes due 2018; Deutsche Bank Securities Inc. (left books), Bank of America Merrill Lynch, Barclays Capital Inc., UBS Investment Bank (joint books); Rule 144A with registration rights; non-callable for four years; to repay debtor-in-possession loan and other debt; Novi, Mich., manufacturer and marketer of systems and components for the automotive industry; roadshow April 22-29.

PATRIOT COAL CORP.: $250 million senior unsecured notes due 2018 (expected ratings B3/B+); Citigroup, Bank of America Merrill Lynch, Barclays Capital Inc.; SEC registered; non-callable for four years; for general corporate purposes; St. Louis-based producer and marketer of coal; expected to price April 29.

PAN AMERICAN ENERGY LLC, ARGENTINA BRANCH: Dollar-denominated notes with 11-year final maturity, 10-year average life (Ba2//BB-); Credit Agricole CIB, HSBC, JPMorgan (joint); Rule 144A/Regulation S; company is involved in exploration, development and production of oil and gas in Argentina; roadshow April 27-29.

AMERICOLD WAREHOUSE INVESTMENT PORTFOLIO LLC: $300 million senior secured notes due 2020; Goldman Sachs & Co., Deutsche Bank Securities Inc., RBC Capital Markets Corp.; Rule 144A with registration rights; non-callable for five years (up to 10% of issue redeemable annually at 103.0, until 2013); proceeds, in addition to proceeds from concurrent IPO, to fund acquisition of assets from Versacold and for general corporate purposes; Atlanta-based temperature controlled warehouse real estate investment trust; roadshow April 19-30.

DSW HOLDINGS, INC.: $475 million senior secured notes due 2017 (B3/CCC+); Morgan Stanley & Co. Inc., J.P. Morgan Securities Inc., Barclays Capital Inc. (joint), Jefferies & Co. (co); Rule 144A for life; non-callable for three years; proceeds, together with cash on hand, to repay certain outstanding debt; holding company for Atlanta-based DS Waters of America, Inc., a manufacturer and distributor of home, office and retail bottled water; conference call 11 a.m. ET on April 22; pricing week of April 26.

SUSSER HOLDINGS, LLC and SUSSER FINANCE CORP.: $425 million senior notes due 2016 (confirmed B2/expected B+); Bank of America Merrill Lynch, BMO Nesbitt Burns, Wells Fargo Securities (joint), RBC Capital Markets Corp. (lead manager), Morgan Keegan & Co. Inc., BBVA Securities Inc., Morgan Joseph (co's); Rule 144A with registration rights; non-callable for three years; 101% poison put; to redeem the 10 5/8% notes due 2013 and to repay term loan debt; Houston-based independent convenience store operator and motor fuel distributor; to price late April 26 week.

GLORIOUS PROPERTY HOLDINGS LTD.: Dollar-denominated global bonds (expected B1/confirmed B); Deutsche Bank Securities, JPMorgan, Standard Chartered Bank; Hong Kong-based mainland China property developer; roadshow started April 15.

MAY 3 WEEK

ASPECT SOFTWARE, INC.: $300 million second-lien notes due 2017 (expected ratings Caa1/B-); Bank of America Merrill Lynch, J.P. Morgan Securities Inc. (joint), Goldman Sachs & Co., Moelis (co's); Rule 144A with registration rights; non-callable for four years; 101% poison put; to refinance existing credit facilities; Chelmsford, Mass.-based software and IT services firm; pricing early in May 3 week.

LANTHEUS MEDICAL IMAGING, INC.: $225 million senior notes due 2017 (mid-to-high single-B ratings expected); Jefferies & Co. (sole books), BMO Nesbitt Burns, Natixis Bleichroeder (co's); Rule 144A with registration rights; non-callable for four years; to refinance existing credit facilities and to repurchase a portion of its outstanding preferred stock; Billerica, Mass.-based specialty pharmaceutical company that develops, manufactures and distributes innovative diagnostic medical imaging products; roadshow April 26-May 4.

ONCURE HOLDINGS, INC.: $210 million senior secured notes due 2017 (B2/B); Jefferies & Co. (sole); Rule 144A for life; non-callable for four years; to refinance existing debt and for general corporate purposes; Engelwood, Colo.-based manager of radiation oncology treatment centers; roadshow April 27-May 5.

ON THE HORIZON

ANWORTH MORTGAGE ASSET CORP.: $600 million; Santa Monica, Calif.-based real estate investment trust focusing on mortgage-backed securities and residential mortgage loans.

ASG CONSOLIDATED LLC: $275 million subordinated notes and $125 million of holdco notes; also $475 million credit facility led by Bank of America, Wells Fargo and DNB; to refinance existing debt (tender offer for 11½% senior discount notes due 2011 will expire on May 17); Seattle-based harvester, processor, preparer and supplier of seafood.

BWAY HOLDING CO.: $200 million senior unsecured bridge loan and $565 million senior secured credit facilities; Bank of America Merrill Lynch, Deutsche Bank Securities; to fund buyout of BWAY by Madison Dearborn Partners LLC, valued at $915 million, including the assumption of debt; go-shop period until April 28, 2010; Atlanta-based supplier of general line rigid containers.

CDW CORP.: $1.94 billion notes: $890 million senior unsecured cash-pay notes due 2015 (Caa1/CCC+), $300 million senior unsecured PIK toggle notes due 2015 (Caa1/CCC+) and $750 million senior subordinated notes due 2017 (Caa2/CCC+); J.P. Morgan Securities Inc., Deutsche Bank Securities Inc., Morgan Stanley & Co.; to refinance bridge loan related to LBO; Vernon Hills, Ill., provider of technology products and services.

CKE RESTAURANTS INC.: $600 million of senior secured second-priority notes and $100 million revolver via Morgan Stanley, Citigroup and RBC Capital Markets; to help fund its buyout agreement with Apollo Global Management, expected to be completed by the end of the second quarter of fiscal 2011; CKE Restaurants is a Carpinteria, Calif.-based owner of Carl's Jr. and Hardee's quick-service restaurant chains.

DYNCORP INTERNATIONAL INC.: $455 million senior unsecured notes and $715 million senior secured credit facility; Bank of America, Citigroup, Barclays Capital, Deutsche Bank Securities; to help fund its acquisition by Cerberus Capital Management LP, expected to close third or fourth quarter of 2010; Falls Church, Va.-based government services provider in support of U.S. national security and foreign policy objectives.

GENON ENERGY: New senior notes and new credit facility; to finance part of its creation through the merger of Mirant Corp. and RRI Energy Inc., expected to close before the end of 2010; GenOn will be a Houston-based power producer.

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.

HILLMAN COS., INC.: $150 million senior unsecured notes; to help fund the acquisition of the company by Oak Hill Capital Partners; also new $320 million senior secured credit facility; Cincinnati-based distributor of stock-keeping units and provider of inventory management and in-store merchandising services.

INEOS GROUP LTD.: Approximately €1 billion in new senior secured high-yield notes and term loans; Barclays Capital and JPMorgan joint coordinators and bookrunners for the loans and solicitation agents for notes; to refinance a portion of its senior loan debt; Lyndhurst, England-based chemical company is expected to seek consent of existing bond and loan-holders during March 15 week.

SPECTRUM BRANDS INC.: $750 million senior secured notes due 2017; Credit Suisse, Bank of America, Deutsche Bank; also $1.05 billion credit facility; to help refinance debt as part of merger with Russell Hobbs Inc.; Atlanta-based consumer products company.

TERPHANE, INC.: $90 million secured notes due 2017; PrinceRidge Group (sole); Rule 144A for life; non-callable for four years; to repay Libor plus 970 bps secured notes and 12% secured notes; polyester films manufacturer based in Bloomfield, N.Y., and Sao Paulo.

TRIUMPH GROUP INC.: $400 million high-yield notes and $300 million term loan (loan could launch late April or early May; RBC Capital Markets is leading the financing; to fund the acquisition of Vought Aircraft Industries, Inc.; funding also includes $189 million under the existing revolver and accounts receivable securitization facility and $292 million cash on hand; Triumph is a Wayne, Pa.-based designer, engineer, manufacturer and repairer of aircraft components and accessories.

ROADSHOWS

April 19-30: AMERICOLD WAREHOUSE INVESTMENT PORTFOLIO LLC $300 million; Goldman Sachs & Co., Deutsche Bank Securities Inc., RBC Capital Markets Corp.

April 21-27: PENSON WORLDWIDE, INC. $200 million; J.P. Morgan Securities Inc., UBS Investment Bank.

April 21-29: SOUTHERN STATES COOPERATIVE, INC. $125 million; Jefferies & Co.

April 22-29: COOPER-STANDARD AUTOMOTIVE INC. $450 million; Deutsche Bank Securities Inc.

Pricing April 26 week: DSW HOLDINGS, INC. $475 million; Morgan Stanley & Co. Inc., J.P. Morgan Securities Inc., Barclays Capital Inc.

Pricing mid-April 26 week: REYNOLDS GROUP ISSUER LLC $1 billion; Credit Suisse.

Pricing April 29: LEVI STRAUSS & CO. $460 million and €275 million; Bank of America Merrill Lynch, J.P. Morgan Securities Inc.

Pricing expected April 29: PATRIOT COAL CORP. $250 million; Citigroup Global Markets Inc., Bank of America Merrill Lynch, Barclays Capital Inc.

April 26-27: CIRSA FUNDING LUXEMBOURG SA €400 million; Deutsche Bank Securities.

Pricing late April 26 week: SUSSER HOLDINGS, LLC and SUSSER FINANCE CORP. $425 million; Bank of America Merrill Lynch, BMO Nesbitt Burns, Wells Fargo Securities.

April 26-May 4: LANTHEUS MEDICAL IMAGING, INC.: $225 million; Jefferies & Co.

April 27-29: PAN AMERICAN ENERGY LLC, ARGENTINA BRANCH Dollar-denominated notes; Credit Agricole CIB, HSBC, JPMorgan.

April 27-May 5: ONCURE HOLDINGS, INC. $210 million; Jefferies & Co.

Pricing early May 3 week: ASPECT SOFTWARE, INC. $300 million; Bank of America Merrill Lynch, J.P. Morgan Securities Inc.

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