Bank Loan Calendar: $25.8065 billion deals being marketed

February Bank Meetings

RESEARCH NOW GROUP INC.: Bank meeting Feb. 24; $425 million credit facility; GE Capital, Deutsche Bank and SunTrust; $35 million revolver; $255 million first-lien term B; $135 million second-lien term loan; help fund buyout by Court Square Capital Partners from TA Associates, Polaris Partners, Sutter Hill Ventures and other shareholders; Plano, Texas, digital data collection provider.

Upcoming Closings

ADVANCED COMPUTER SOFTWARE GROUP: Expected close in March; new senior secured credit facility; Morgan Stanley (left on first-lien) and Goldman Sachs (left on second-lien); $50 million five-year revolver at Libor plus 525 bps; $323 million seven-year first-lien term B at Libor plus 550 bps, 1% Libor floor, OID 97, 101 soft call; £108 million seven-year first-lien term B at Libor plus 550 bps; $195 million eight-year second-lien term loan at Libor plus 950 bps, 1% Libor floor, OID 95, non-call one, 102, 101; help fund buyout by Vista Funds; U.K.-based provider of software and IT services.

ALTICE FINANCING SA: $500 million seven-year first-lien term B at Libor plus 425 bps, 1% Libor floor, OID 99, 101 soft call; Goldman Sachs, JPMorgan, Credit Suisse, Deutsche Bank, Morgan Stanley, BNP Paribas, Credit Agricole, Banca IMI, Citigroup, HSBC, Nomura, RBC, Societe Generale and UniCredit; also €400 million seven-year first-lien term loan B at Euribor plus 425 bps, 1% floor, OID 99½, 101 soft call; help fund acquisition of the Portuguese assets of Portugal Telecom from Grupo OI SA; Luxembourg-based telecommunications and cable company.

AMERICAN BEACON ADVISORS INC.: $350 million credit facility; RBC and Barclays; $40 million revolver (B+); $220 million first-lien term loan (B+) talked at Libor plus 475 bps, 1% Libor floor, OID 99, 101 soft call; $90 million second-lien term loan (B-) talked at Libor plus 875 bps, 1% Libor floor, OID 98, call protection 102, 101; help fund buyout by Kelso & Co. and Estancia Capital Management from TPG Capital and Pharos Capital Group LLC; Fort Worth, Texas, provider of investment advisory services to institutional and retail markets.

ARMACELL: $36 million and €33 million tack-on first-lien covenant-light term loan due July 2, 2020, U.S. tranche talked at Libor plus 450 bps, 1% Libor floor, euro tranche talked at Euribor plus 475 bps, 1% floor, both OID 99½, 101 soft call for six months; Credit Suisse, BNP Paribas, HSBC and ING; fund two bolt-on acquisitions; Luxembourg-based manufacturer of elastomeric foams.

ASSUREDPARTNERS INC.: $150 million incremental first-lien covenant-light term loan (B) due April 1, 2021 at Libor plus 400 bps, 1% Libor floor, OID 99, 101 soft call for six months; Bank of America, JPMorgan, BMO, RBC and Madison Capital; pay down revolver, fund acquisitions and add cash to the balance sheet; Lake Mary, Fla., full-service insurance retail broker.

AXIALL CORP.: $250 million senior secured term B (Ba1/BBB-) due in 2022 talked at Libor plus 350 bps, 0.75% Libor floor, OID 99½, 101 soft call for six months; Wells Fargo and RBC; refinance an existing term loan and general corporate purposes; Atlanta-based chemicals and building products company.

BATS GLOBAL MARKETS: $378 million of term loans (BB-); JPMorgan; $228 million add-on term loan at Libor plus 475 bps, 1% Libor floor, OID 99, 101 soft call; $150 million three-year term loan at Libor plus 375 bps, OID 99, 101 soft call; fund acquisition of Hotspot FX from KCG Holdings; Kansas City, Mo., operator of securities markets.

CITGO HOLDING INC.: $1.3 billion 3¼-year senior secured first-lien term B (Caa1/B-/B+) at Libor plus 850 bps, 1% Libor floor, OID 94, non-call one, 102, 101; Deutsche Bank; help fund a distribution to Citgo Holding’s ultimate parent; Houston-based refiner, marketer and transporter of petroleum-based industrial products.

CONSTANTIA FLEXIBLES: €1.215 billion equivalent (€300 million U.S. dollar equivalent, €915 million euro) seven-year covenant-light term loan B talked at Libor/Euribor plus 425 bps to 450 bps, 1% floor, OID 99, 101 soft call; JPMorgan and UniCredit; help fund buyout by the Wendel Group from One Equity Partners and the H. Turnauer Foundation; Vienna-based manufacturer of flexible packaging products and labels.

DBRS: $300 million credit facility; Credit Suisse, UBS and TD Securities; $50 million five-year revolver; $250 million seven-year first-lien covenant-light term loan talked at Libor plus 525 bps, 1% Libor floor, OID 99, 101 soft call; help fund buyout by Carlyle Group and Warburg Pincus; Toronto-based credit rating agency.

DOLLAR TREE INC.: $6.2 billion credit facility (Ba1/BB+); JPMorgan, Wells Fargo, Bank of America, RBC and U.S. Bank; $1.25 billion five-year revolver at Libor plus 225 bps; $1 billion five-year term A at Libor plus 225 bps; $3.95 billion seven-year term B at Libor plus 350 bps, 0.75% Libor floor, OID 99½, 101 soft call; help fund acquisition of Family Dollar Stores Inc.; Chesapeake, Va., discount store operator.

EXACT HOLDING N.V.: $460 million of term loans; RBC (left on first-lien), Deutsche Bank (left on second-lien) and ING; $335 million equivalent seven-year first-lien covenant-light term loan (B1/B), €100 million tranche at Euribor plus 525 bps, 1% floor, OID 94, 101 soft call, U.S. tranche talked at Libor plus 525 bps, 1% Libor floor, OID low 90s area, 101 soft call; $125 million eight-year second-lien covenant-light term loan (Caa1/CCC+) at Libor/Euribor plus 912.5 bps, 1% Libor floor, OID 89½, non-call one, 102, 101; also €30 million revolver (B1/B); help fund buyout by Apax Partners; Netherlands-based vendor of on-premise and true-cloud accounting, CRM and ERP software for businesses.

GLOBAL KNOWLEDGE TRAINING LLC: $245 million credit facility; Credit Suisse, Macquarie and ING; $20 million revolver (B1/B+); $175 million six-year first-lien term loan (B1/B+) at Libor plus 550 bps, 1% Libor floor, OID 99, 101 soft call; $50 million seven-year second-lien term loan (Caa1/B) at Libor plus 950 bps, 1% Libor floor, OID 98, call protection 103, 102, 101; help fund buyout by Rhone Capital LLC from MidOcean Partners; Cary, N.C., provider of IT and business skills training.

HANSON BUILDING PRODUCTS: $1.045 billion credit facility; Credit Suisse, Barclays and Citigroup; $150 million ABL revolver; $595 million seven-year first-lien covenant-light term loan (B1/B+) talked at Libor plus 525 bps, 1% Libor floor, OID 99, 101 soft call; $300 million eight-year second-lien covenant-light term loan (Caa1/CCC+) talked at Libor plus 900 bps, 1% Libor floor, OID 98, call protection 103, 102, 101; help fund buyout by Lone Star Funds from HeidelbergCement; manufacturer of concrete and clay building products.

HEALOGICS INC.: $125 million add-on first-lien term loan at Libor plus 425 bps, 1% Libor floor, OID 98.56; JPMorgan and Credit Suisse; help fund the acquisition of Accelecare Wound Centers; Jacksonville, Fla., provider of advanced wound-care services.

HOOVER CONTAINER SOLUTIONS: $195 million credit facility (B2/B); Macquarie; $30 million revolver; $165 million six-year first-lien term loan at Libor plus 675 bps, 1% Libor floor, OID 98, 101 soft call; help fund buyout by First Reserve; Houston-based provider of chemical tanks, cargo carrying units and related products and services.

IMPAX LABORATORIES INC.: $485 million senior secured credit facility (B1/BBB-); Barclays, RBC and Wells Fargo; $50 million five-year revolver; $435 million six-year term loan at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call; help fund the acquisitions of Tower Holdings Inc. and Lineage Therapeutics Inc.; Hayward, Calif., technology-based specialty pharmaceutical company.

INDIVIOR PLC: $800 million senior secured credit facility (B3/B); Morgan Stanley and Deutsche Bank; $50 million five-year revolver talked at Libor plus 525 bps, OID 99½; $750 million five-year term B (including $115 million euro equivalent tranche) talked at Libor/Euribor plus 575 bps, 1% floor, OID 97 to 98, 101 soft call for six months; Richmond, Va., specialty pharmaceutical company focused on addiction and related mental health disorders.

LATTICE SEMICONDUCTOR CORP.: $350 million six-year senior secured covenant-light term loan talked at Libor plus 425 bps, 1% Libor floor, OID 99, 101 soft call for six months; Jefferies and HSBC; help fund acquisition of Silicon Image Inc.; Portland, Ore., provider of programmable connectivity services.

LIBERTY CABLEVISION OF PUERTO RICO LLC: $257.5 million of tack-on term loans; Credit Suisse and Scotia Bank; $225 million tack-on first-lien term loan due Jan. 7, 2022 at Libor plus 350 bps, 1% Libor floor, OID 97, 101 soft call for six months; $32.5 million tack-on second-lien term loan due July 7, 2023 at Libor plus 675 bps, 1% Libor floor, hard call 102 through July 2015, 101; fund acquisition of Choice Cable TV; cable TV service provider in Puerto Rico.

MIRION TECHNOLOGIES LLC: $315 million credit facility (B1/B); Credit Suisse, RBC and HSBC; $35 million five-year revolver; $280 million seven-year first-lien covenant-light term loan at Libor plus 475 bps, step-down to Libor plus 450 bps based on net leverage, 1% Libor floor, OID 99, 101 soft call for six months; help fund buyout by Charterhouse Equity Partners LLC from American Capital; provider of radiation detection products.

NATIONAL MENTOR HOLDINGS INC. (CIVITAS SOLUIONS INC.): $55 million incremental term B due Jan. 31, 2021 talked at Libor plus 325 bps, 1% Libor floor, OID 98¾ area, 101 soft call for six months; Barclays, Bank of America and UBS; redeem notes; Boston-based provider of home and community-based health and human services.

NORD ANGLIA EDUCATION INC.: $125 million add-on term loan talked at Libor plus 350 bps, 1% Libor floor, OID 98¾; Goldman Sachs and HSBC; fund acquisition of four schools in Vietnam; Hong Kong-based operator of schools.

ORICA CHEMICALS (CHEMSTRALIA PTY LTD.): A$515 million U.S. dollar-equivalent term loan (B1) at Libor plus 625 bps, 1% Libor floor, OID 95, 101 soft call; JPMorgan, Barclays, Goldman Sachs and Morgan Stanley; help fund buyout by Blackstone from Orica Ltd.; chemicals company.

PANDA TEMPLE I: $405 million credit facility (B); Goldman Sachs and Credit Suisse; $375 million seven-year term B talked at Libor plus 550 bps to 575 bps, 1% Libor floor, OID 98½ to 99, soft call 102, 101; $5 million revolver; $10 million project letter-of-credit facility; $15 million debt service reserve letter-of-credit facility; refinance existing debt; clean natural gas-fueled, 758-megawatt combined-cycle facility located in Temple, Texas.

PAR PHARMACEUTICAL COS. INC.: $425 million term B-3 (B1/B) at Libor plus 325 bps, 1% Libor floor, OID 99½, 101 soft call for six months; Bank of America, Goldman Sachs, JPMorgan, Deutsche Bank and TPG; help fund a dividend; Woodcliff Lake, N.J., specialty pharmaceutical company.

PETSMART INC.: $5.05 billion credit facility; Citigroup, Nomura, Jefferies, Barclays and Deutsche Bank; $750 million five-year asset-based revolver; $4.3 billion seven-year senior secured covenant-light term B (Ba3/BB-) at Libor plus 400 bps, 1% Libor floor, OID 99½, 101 soft call; help fund buyout by a consortium led by BC Partners Inc.; Phoenix specialty pet retailer.

RIVERBED TECHNOLOGY INC.: $1.625 billion senior secured credit facility (B1/B); Credit Suisse, Citigroup, Barclays and Morgan Stanley; $100 million five-year revolver; $1.525 billion seven-year first-lien term loan talked at Libor plus 525 bps, 1% Libor floor, OID 98½, 101 soft call for six months; help fund buyout by Thoma Bravo LLC and Teachers’ Private Capital; San Francisco-based technology company that specializes in improving the performance of networks and networked applications.

SABRE INDUSTRIES INC.: $320 million credit facility (B+); BNP Paribas, Citizens Financial and SunTrust; $65 million revolver; $255 million seven-year covenant-light term loan talked at Libor plus 500 bps to 525 bps, 1% Libor floor, OID 99, 101 soft call for six months; refinance existing debt and fund an acquisition; Alvarado, Texas, turnkey provider of engineered structures and related services for the electric transmission & distribution and wireless communications end-markets.

SIG COMBIBLOC GROUP AG: €2.434 billion credit facility (B1/B+); Barclays, Bank of America, Goldman Sachs, Nomura, RBC, Credit Agricole, Mizuho, RBS, UniCredit and Rabobank; €300 million six-year multicurrency revolver; €2.134 billion ($1.225 billion U.S. and €1.05 billion euro) seven-year covenant-light term loan at Libor/Euribor plus 425 bps, 1% floor, OID 99½, 101 soft call; help fund buyout by Onex Corp.; Switzerland-based supplier of carton packaging and filling machines for beverages and food.

TARGA RESOURCES CORP.: $1.1 billion credit facility (Ba3/B+); Bank of America, RBS, Wells Fargo, ING and MUFG; $430 million seven-year senior secured covenant-light term loan at Libor plus 475 bps, 1% Libor floor, OID 98¼, 101 soft call; $670 million revolver; help fund the acquisition of Atlas Energy LP and refinance existing debt; Houston-based midstream energy company.

TTM TECHNOLOGIES INC.: $915 million credit facility; JPMorgan and Barclays; $150 million asset-based revolver; $765 million term B (B1/B+) talked at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; help fund acquisition of Viasystems Group Inc., refinance some debt and general corporate purposes; Costa Mesa, Calif., printed circuit board manufacturer.

US LBM: $100 million tack-on senior secured term loan due May 2020 talked at Libor plus 700 bps, 1% Libor floor, OID 98, call protection 102 through November 2015, then 101½, 101; Credit Suisse; fund an acquisition and repay ABL borrowings; Green Bay, Wis., owner of building material distribution businesses.

VERESEN MIDSTREAM LP: $575 million senior secured seven-year term B (Ba3/BB-) at Libor plus 500 bps, 1% Libor floor, OID 98½, 101 soft call; RBC, TD Securities and HSBC; also C$75 million revolver and C$1.275 billion non-revolving expansion facility; fund acquisition of natural gas gathering and compression assets supporting Montney development in the Dawson area of northeastern British Columbia from Encana Corp. and the Cutbank Ridge Partnership; joint venture being formed by Veresen Inc. and Kohlberg Kravis Roberts & Co. LP.

VOGUE INTERNATIONAL: $205 million add-on term loan talked at Libor plus 475 bps, 1% Libor floor, OID 99, 101 soft call; Goldman Sachs and Bank of America; fund a dividend; Tampa Bay, Fla., manufacturer and distributor of salon-heritage hair care and other personal care products.

WASTE INDUSTRIES US INC.: $700 million five-year covenant-light term B (B1/BB-) at Libor plus 325 bps, 1% Libor floor, OID 99¾, 101 soft call; Bank of America, Macquarie, Credit Suisse and SunTrust; refinance existing credit facilities, repay industrial revenue bonds, redeem class A equity units and pay a distribution to class B shareholders; Raleigh, N.C., solid waste management company.

On The Horizon

COMMSCOPE INC.: $1.5 billion seven-year senior secured covenant-light incremental term loan expected at Libor plus 350 bps, 0.75% Libor floor, 101 soft call for six months; JPMorgan, Bank of America, Deutsche Bank and Wells Fargo; help fund the acquisition of TE Connectivity’s Telecom, Enterprise and Wireless businesses; Hickory, N.C., provider of infrastructure services for communication networks.

ENVIVA PARTNERS LP: $215 million five-year senior secured credit facility; $40 million revolver expected at Libor plus 375 bps; $175 million term loan expected at Libor plus 375 bps; refinance existing debt and make a distribution to the sponsor in connection with initial public offering of common units; Bethesda, Md., supplier of utility-grade wood pellets to power generators.

GREATLAND CONNECTIONS INC.: New term loans and revolver; help fund acquisition of about 2.5 million customers from Comcast/Time Warner Cable; newly formed cable company.

KREMERS URBAN PHARMACEUTICALS INC.: New debt financing; Credit Suisse, Morgan Stanley, Goldman Sachs and Jefferies; help fund buyout by Advent International and Avista Capital Partners from UCB SA; Princeton, N.J., specialty generic pharmaceuticals company.

PASHA GROUP: New debt financing; fund acquisition of Horizon Lines Inc.’s Hawaii trade lane business; San Rafael, Calif., logistics and transportation company.

PERFORMANCE FOOD GROUP: $550 million add-on term loan; Credit Suisse, Wells Fargo, Barclays, Morgan Stanley, Bank of America, BMO and Macquarie; also upsizing existing ABL credit facility; help fund acquisition of 11 distribution centers from US Foods; Richmond, Va., foodservice distributor.

POST HOLDINGS INC.: Up to $700 million secured term B due June 2, 2021 expected at Libor plus 375 bps, 1% Libor floor, Credit Suisse and Barclays; help fund acquisition of MOM Brands Co.; St. Louis-based consumer packaged goods holding company.

SS&C TECHNOLOGIES HOLDINGS INC.: $2.63 billion senior secured credit facility; Morgan Stanley and Deutsche Bank; $150 million revolver; $2.08 billion term B-1; $400 million term B-2; help fund acquisition of Advent Software Inc.; Windsor, Conn., provider of financial services software and software-enabled services.

STAPLES INC.: $5.75 billion credit facility; Barclays and Bank of America; $3 billion asset-based five-year revolver expected at Libor plus 150 bps to 200 bps based on average excess availability; $2.75 billion six-year senior secured term B expected at Libor plus 375 bps, 0.75% Libor floor, 101 soft call for six months; help fund acquisition of Office Depot Inc.; Framingham, Mass., retailer of office supplies.

TI AUTOMOTIVE: New debt financing; help fund buyout by Bain Capital; Auburn Hills, Mich., provider of fluid storage, carrying and delivery systems to automotive manufacturers.

WALGREENS INFUSION SERVICES: New first-lien financing; Bank of America; help fund buyout by Madison Dearborn Partners from Walgreen Co.; provider of home and alternate treatment site infusion services.

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