High Yield Calendar: $3.23 billion and C$250 million deals being marketed

January 16 Week

TAMINCO GLOBAL CHEMICAL CORP: $400 million second-priority senior secured notes due 2020, downsized from $452 million, with the concurrent upsizing of the term loan to $505 million from $452 million; Credit Suisse Securities (USA) LLC, UBS Securities LLC , Citigroup Global Markets Inc., Nomura, Deutsche Bank, Goldman Sachs & Co. (joint); Rule 144A and Regulation S for life; Callable in five years at par plus ¾ coupon; three-year 40% equity clawback; 101% poison put; to help fund the €1.1 billion acquisition of the company by Apollo Global Management LLC from CVC Capital Partners; Belgium-based producer of alkylamines and their derivatives; price talk 9¾% to 10% yield; Books close noon ET Friday, pricing thereafter (timing moved up from previously planned pricing during the Jan. 23 week.

SABLE INTERNATIONAL FINANCE (CABLE & WIRELESS COMMUNICATIONS PLC): $350 million senior secured notes due 2020 (Ba2); JPMorgan, Barclays, HSBC and Royal Bank of Scotland; Rule 144A for life; non-callable for four years; to repay debt; Bracknell, England-based telecommunications company; price talk 8¾% to 9%; books close 9 a.m. ET Friday, pricing thereafter.

WESTERN ENERGY SERVICES CORP.: C$125 million minimum senior notes due Jan. 27, 2019 (B3/B+); RBC Capital Markets Corp. (books) HSBC Capital (Canada) Inc., AltaCorp Capital Inc., GMP Securities LP. (co's); Rule 144A eligible private placement; non-callable for four years; to repay revolver debt; Calgary, Alta.-based oilfield drilling company; price talk 8% area; pricing expected Friday.

CASH STORE FINANCIAL SERVICES INC.: up to C$125 million senior secured notes due 2017; Imperial Capital and Canaccord Genuity Corp. (joint), CIBC World Markets (co); Rule 144A and Regulation S for life; 35% equity clawback; 101% poison put; proceeds to purchase loans receivable assets from the company's third-party lenders, for general corporate purposes and to pay fees and expenses; Edmonton, Alta.-based Cash Store Financial provides broker and short-term lending services; price talk expected Friday; pricing expected late week of Jan. 16 or week of Jan. 23.

SUMMIT MATERIALS LLC and SUMMIT MATERIALS FINANCE CORP.: $220 million senior notes due 2020 (B3/B); Citigroup Global Markets Inc. (left books), Bank of America Merrill Lynch, UBS Investment Bank, Barclays Capital Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc. (joint); Rule 144A and Regulation S with registration rights; Treasuries plus 50 bps make-whole call for first four years, then callable at a premium; 101% poison put; to refinance debt at Summit Materials and Continental Cement; Washington, D.C.-based company acquires and grows heavy-side building materials companies in the aggregates, ready-mix concrete, cement, asphalt paving and construction industries; roadshow Jan. 17-20; pricing expected Jan. 20.

WESTMORELAND COAL CO.: $130 million 10¾% senior secured notes due Feb. 1, 2018; Gleacher & Co. Securities Inc.; terms similar to those of the existing 10¾% notes due 2018; Rule 144A with registration rights; callable on Feb. 1, 2015 at 103.583; 35% equity clawback at 110.75 until Feb. 1, 2015; proceeds, together with cash on hand, expected to be used to finance the acquisition of the Kemmerer Mine, and to provide reclamation bonding collateral and fund initial Kemmerer working capital; Westmoreland is an Englewood, Colo.-based independent coal company; roadshow Jan. 17-20; pricing Jan. 20; original $150 million issue priced at 95 to yield 11.82% in February 2011.

January 23 Week

PRESTIGE BRANDS INC.: $290 million senior notes due 2020; Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., RBC Capital Markets LLC (joint), Deutsche Bank Securities Inc. (co); Rule 144A and Regulation S; non-callable for four years; proceeds, along with new credit facility, to fund the acquisition of 17 over-the-counter GlaxoSmithKline plc brands, and refinance existing term loan; Irvington, N.Y.-based marketer of branded consumer products; investor call 10:30 a.m. ET on Jan. 19; pricing expected during Jan. 23 week.

JBS USA LLC and JBS USA FINANCE INC.: $400 million senior notes due 2020 (expected ratings B1/BB); J.P. Morgan Securities LLC, BB Securities, Bradesco BBI Securities, Banco Santander, Wells Fargo Securities LLC; Rule 144A and Regulation S for life; non-callable for three years; to fund a distribution to the parent, JBS SA, repay JBS debt and general corporate purposes; Greeley, Colo.-based meat processor, a subsidiary of Brazil's JBS SA; roadshow started Jan. 18; pricing middle of Jan. 23 week.

PETROBAKKEN ENERGY LTD.: $750 million senior notes due 2020 (expected ratings Caa1/CCC+); Bank of America Merrill Lynch, Credit Suisse Securities (USA) LLC (global coordinators and joint bookrunners), RBC Capital Markets (joint bookrunner), CIBC World Markets, TD Securities (USA) LLC, Scotia Capital (USA) Inc. (joint leads), HSBC Securities (USA) Inc., Desjardins Capital Markets, Mitsubishi UFJ Securities International plc, SMBC Capital Markets Inc., SG CIB (co's); Rule 144A and Regulation S for life; non-callable for four years; to fund the concurrent partial tender of up to $450 million 2016 convertible notes and to repay a portion of revolver; Calgary, Alta.-based light oil exploration and production company; pricing mid-to-late Jan. 23 week.

WELLTEC: $325 million senior secured notes due 2019; Goldman Sachs (bill and deliver), Credit Suisse (joint books, DnB Nor (co); non-callable for three years; to refinance debt, to fund a distribution to shareholders and for general corporate purposes; Allerod, Denmark-based oilfield services provider; U.S. roadshow starts Jan. 18, European roadshow starts Jan. 23 week.

CREATIVE CASINOS, INC.: $365 million senior secured notes due 2019, non-callable for four years; Jefferies & Co. Inc., Morgan Stanley & Co., Capital One Southcoast (joint) also $103.093 million senior redeemable perpetual preferred stock, non-callable for two years; Jefferies, Morgan Stanley (joint); Rule 144A and Regulation S with registration rights; to fund construction of a new casino and hotel located in Lake Charles, La.; Las Vegas-based gaming, lodging and entertainment company; group meeting at 7 p.m. ET Wednesday at the Aria Resort, Las Vegas; pricing late January.

Expected January Business

SAMSON INVESTMENT CO.: $2.25 billion of senior notes to help fund acquisition of company by Kohlberg Kravis Roberts & Co. LP, Natural Gas Partners, Crestview Partners and Itochu Corp.; also $2.25 billion ABL credit facility; J.P. Morgan Securities LLC, Bank of America Merrill Lynch, Barclays Capital Inc., BMO Capital Markets, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Jefferies & Co. Inc., Mizuho Securities USA, Inc., RBC Capital Markets LLC, Wells Fargo Securities LLC; Tulsa, Okla.-based private exploration and production company; expected to launch during the second week of January.

ORANGE SWITZERLAND CHF 575 million equivalent: CHF 325 million equivalent senior secured notes and CHF 250 million equivalent subordinated notes; Credit Suisse, JP Morgan (global coordinators), Citigroup, Morgan Stanley, Nomura, UBS; also CHF million of bank debt; to help fund the €1.6 billion LBO of Orange Switzerland by Apax Partners from France Telecom; Arcueil, France-based wireless telecommunications company; expected January business.

POST HOLDINGS INC.: $775 million 10-year senior notes Barclays Capital Inc. (left books), J.P. Morgan Securities LLC, Wells Fargo Securities LLC, Credit Suisse Securities (USA) LLC (joint books) also $350 million credit facility; new debt is being obtained in connection with the company's spin-off from Ralcorp Holdings Inc. and will be used to finance a distribution to Ralcorp, who will use the funds to pay down debt, pursue private brand acquisitions and purchase additional shares; St. Louis-based ready-to-eat cereal manufacturer; possible late January business.

Expected First Quarter of 2012

ACCO BRANDS CORP.: $270 million senior notes and $845 million credit facility; Barclays Capital Inc., Bank of America Merrill Lynch and BMO Capital Markets Corp.; to fund its merger with MeadWestvaco's office supplies business, to repay ACCO's 10 5/8% senior secured notes and for ongoing working capital; ACCO Brands is a Lincolnshire, Ill.-based office supply manufacturer; merger expected to close during the first half of 2012.

GLOBALIVE WIRELESS MANAGEMENT CORP.: Up to $1 billion equivalent in U.S. dollar- and Canadian dollar-denominated notes; Credit Suisse Securities (USA) LLC, Morgan Stanley & Co., BMO Capital Markets Corp.; Rule 144A; to fund expansion of its wireless network and for general corporate purposes; Toronto-based wireless communications services provider; expected during first quarter of 2012.

UNITED RENTALS INC. $2.2 billion: $650 million senior secured notes and $1.55 billion senior unsecured notes; Morgan Stanley Senior Funding Inc., Bank of America Merrill Lynch and Wells Fargo; to help fund the acquisition of RSC Holdings Inc., closing expected in the first half of 2012; United Rentals is a Greenwich, Conn.-based equipment rental company; bridge syndication expected in January; bonds expected in March or April.

On the Horizon

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; possible business for the first quarter of 2012.

DIAMOND FOODS INC.: $300 million notes; also $1.75 billion credit facility; Bank of America Merrill Lynch; to help fund 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 oil and gas exploration and production company.

ENDEAVOR INTERNATIONAL CORP.: $500 million high-yield notes; Citigroup Global Markets Inc.; to fund the acquisition of ConocoPhillips' interest in three producing U.K. oil fields in the Central North Sea and to retire existing term loan debt, expected to close during the first half of 2012; Endeavour is an oil and gas exploration and production company.

ENERGY TRANSFER EQUITY, LP: $3.2 billion high-yield bonds to help complete the $7.9 billion merger of Energy Transfer and Southern Union Co., including repayment of $3.7 billion of Southern Union debt, expected to close in the first quarter of 2012; Energy Transfer is a Dallas-based oil and gas pipeline company.

GREENFIELD ETHANOL INC.: C$175 million of five-year senior second-lien notes (/B+//DBRS: B); Scotia Capital Inc. (lead); Macquarie Capital Markets Canada Ltd., Societe Generale (Canada) and TD Securities Inc. (co-managers); non-callable for three years, 101% change-of-control put; equity clawback for up to 35% in first three years; Canada call at 50 bps over Canadian government benchmark; guarantors GreenField Ethanol (Johnstown) Inc.; GreenField Ethanol (Hensall) Inc.; GreenField Hensall LP; GreenField Hensall GP Inc.; Pharmco Products Inc.; Aaper Alcohol and Chemical Co., Aaper Holdings Inc.; GreenField Ethanol of Quebec Inc. and all future restricted subsidiaries of GreenField.; proceeds to repay debt, to terminate existing interest rate swap agreements and for general corporate purposes; Ontario-based GreenField Ethanol is Canada's largest ethanol company.

KINETIC CONCEPTS, INC.: $750 million 12 ½% senior notes due Nov. 1, 2019; Morgan Stanley & Co. LLC, Bank of America Merrill Lynch, Credit Suisse Securities (USA) LLC; Rule 144A and Regulation S; callable on Nov. 1, 2015; 35% equity clawback at 112.50 until Nov. 1, 2014; to help fund the buyout of the company by Apax Partners, Canada Pension Plan Investment Board and the Public Sector Pension Investment Board; San Antonio-based medical technology company; notes were sold to the underwriters in October 2011, at which time $1.75 billion issue of 10 ½% second-lien senior secured notes due Nov. 1, 2018 were successfully syndicated, and are expected to be reintroduced into the market under a new offering memorandum, as market conditions permit.

M&G FINANCE CORP.: $500 million senior notes due 2018 (expected ratings B3//BB); J.P. Morgan Securities LLC (books); 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.

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 vessel purchase commitments, to refinance the debt of certain vessels and for general corporate purposes; Piraeus, Greece-based vertically integrated mixed fleet shipping company.

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; LBO closed on Aug. 30; bridge loan funded as leads await opportunity to sell the bonds.

TRINSEO MATERIALS OPERATING SCA: $450 million six-year senior notes (B3/B), non-callable for three years (structure changed from seven-year non-call-four); Barclays Capital Inc. (left lead), Deutsche Bank Securities Inc., BMO Securities, Citigroup Global Markets Inc., Goldman Sachs & Co., HSBC; Rule 144A and Regulation S with registration rights; non-callable for four years; to repay bank debt and for general corporate purposes; diversified chemical company; price talk 12¼% area, including about 3 points of OID; roadshow was in late November 2011; likely business for the first quarter of 2012.

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

Started Jan. 12: CASH STORE FINANCIAL SERVICES INC. C$125 million; Imperial Capital and Canaccord Genuity Corp.

Started Jan. 13: TAMINCO GLOBAL CHEMICAL CORP. $452 million; Credit Suisse Securities (USA) LLC, UBS Securities LLC , Citigroup Global Markets Inc., Nomura, Deutsche Bank, Goldman Sachs & Co.

Jan. 17-19: ARDAGH PACKAGING $410 million; Citigroup Global Markets Inc.

Jan. 17-20: SUMMIT MATERIALS LLC $220 million; Citigroup Global Markets Inc., Bank of America Merrill Lynch, UBS Investment Bank, Barclays Capital Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc.

Jan. 17-20: WESTMORELAND COAL CO. $130 million; Gleacher & Co. Securities Inc.

Pricing Jan. 16 week: CABLE & WIRELESS COMMUNICATIONS PLC $350 million; J.P. Morgan, Barclays, HSBC, Royal Bank of Scotland.

Started Jan. 18: WELLTEC $325 million; Goldman Sachs, Credit Suisse.

Started Jan. 18: JBS USA LLC and JBS USA FINANCE INC. $400 million; J.P. Morgan Securities LLC, BB Securities, Bradesco BBI Securities, Banco Santander, Wells Fargo Securities LLC.

Pricing Jan. 23 week: PRESTIGE BRANDS INC. $290 million; Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., RBC Capital Markets LLC.

Pricing mid-to-late Jan. 23 week: PETROBAKKEN ENERGY LTD. $750 million; Bank of America Merrill Lynch, Credit Suisse Securities (USA) LLC, RBC Capital Markets.

Pricing late January: CREATIVE CASINOS, INC. $365 million notes; Jefferies & Co. Inc., Morgan Stanley & Co., Capital One Southcoast and $103.093 million preferred; Jefferies, Morgan Stanley.

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