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Published on 1/30/2017 in the Prospect News Bank Loan Daily.

Bank Loan Calendar: $105.9488 billion deals being marketed

January Bank Meetings

ADT CORP.: Conference call Jan. 31; $800 million covenant-light incremental term loan due May 2, 2022; Barclays; fund distributions to the company’s equity holders; security services company.

BLACKHAWK MINING LLC: Bank meeting Jan. 31; $660 million five-year first-lien term loan, call protection 103, 102, 101; Jefferies; refinance existing debt and cash collateralize letters of credit; Lexington, Ky., producer of coal.

ENGILITY CORP.: Conference call Jan. 31; $803 million in senior secured term loans; Morgan Stanley, KKR, Barclays, SunTrust, Regions, Deutsche Bank and JPMorgan; $195 million term B-1; $608 million term B-2; repricing; Chantilly, Va., provider of integrated services for the U.S. government.

FREEDOM MORTGAGE CORP.: Bank meeting Jan. 31; $350 million five-year term B (B1/BB-); Barclays; general corporate purposes, including potential strategic acquisitions of Mortgage Servicing Rights; Mount Laurel, N.J., top tier residential mortgage company.

GREENWAY MEDICAL: Bank meeting Jan. 31; $560 million credit facility; Jefferies and SunTrust; $30 million five-year revolver; $530 million seven-year first-lien term loan; refinance existing debt; Carrollton, Ga., provider of clinical, financial, administrative and connectivity information solutions to physician practices.

ILPEA INDUSTRIES INC.: Conference call Jan. 31; roughly $250 million equivalent credit facility; PNC and JPMorgan; $25 million revolver; $200 million term B; €24 million term B; refinance existing debt and redeem preferred stock; Scottsburg, Ind., producer of custom plastic extrusions for the appliance and construction industries.

INEOS GROUP HOLDINGS SA: Conference call Jan. 31; term loans; Barclays, Bank of America, Credit Suisse, Goldman Sachs, JPMorgan and Lloyds; €575 million U.S. dollar-equivalent term B due 2024; €575 million term B due 2024; up to $1.489 billion term loan due March 31, 2022; up to €1.934 billion term loan due March 31, 2022; repay notes, reprice and extend existing 2020 term loans and reprice existing 2022 term loans; Rolle, Switzerland, chemical company.

NAVISTAR INTERNATIONAL CORP.: Conference call Jan. 31; $1.03 billion senior secured term B due August 2020 talked at Libor plus 425 bps to 450 bps, 1% Libor floor, 101 hard call through August 2017; JPMorgan; repricing; Lisle, Ill., manufacturer and seller of commercial and military trucks, buses, and diesel engines and a provider of service parts for trucks and trailers.

SESAC HOLDINGS: Bank meeting Jan. 31; $565 million credit facility; Jefferies, Guggenheim and Blackstone; revolver (B2); first-lien term loan (B2); second-lien term loan (Caa2); help fund buyout by Blackstone from Rizvi Traverse Management; Nashville, Tenn., music rights organization.

TEAMVIEWER: Bank meeting in New York on Jan. 31 (London was Jan. 30); $765 million in term loans; Bank of America (left on first-lien), Credit Suisse (left on second-lien), Deutsche Bank, Morgan Stanley and Nomura; $550 million seven-year covenant-light first-lien term loan (including $160 million euro-equivalent) (B2/B), 1% floor, 101 soft call for six months; $215 million eight-year covenant-light second-lien term loan (Caa2/CCC+) talked at Libor plus 875 bps to 900 bps, 1% Libor floor, OID 98.5, call protection 102, 101; refinance existing debt and fund a shareholder distribution; Germany-based provider of secure remote support and access software.

TWIN RIVER MANAGEMENT GROUP INC.: Conference call Jan. 31; $389 million covenant-light term B due July 2020 talked at Libor plus 325 bps to 350 bps, 1% Libor floor, 101 soft call for six months; Deutsche Bank; repricing; Lincoln, Rhode Island, owner and operator of casino resorts.

VECTRA CO. (DUKE FINANCE LLC): Bank meeting Jan. 31; $425 million seven-year covenant-light first-lien term loan talked at Libor plus 500 bps, 1% Libor floor, OID 99, 101 soft call for six months; Credit Suisse; refinance existing debt and fund a shareholder distribution; St. Louis-based technology-driven specialty materials and specialty chemicals company.

Upcoming Closings

ACELITY LP INC.: Roughly $1.34 billion in covenant-light term loans (B1); Bank of America; $1.085 billion term loan at Libor plus 325 bps, 1% Libor floor, OID 99.5, 101 soft call; €239 million term loan at Euribor plus 300 bps, 1% floor, OID 99.75, 101 soft call; help refinance loans and notes; San Antonio-based advanced wound care and regenerative medicine company.

AMERICAN BUILDERS & CONTRACTORS SUPPLY CO. INC.:$1.875 billion term B due Oct, 31, 2023 talked at Libor plus 225 bps, step-down to Libor plus 200 bps at net first-lien leverage of 2.5x, 0.75% Libor floor, 101 soft call for six months; Deutsche Bank; repricing; Beloit, Wis., building products distributor.

ANCESTRY.COM OPERATIONS INC.: $1.4 billion covenant-light first-lien term B talked at Libor plus 325 bps to 350 bps, 1% Libor floor, 101 soft call through October; JPMorgan; repricing; Provo, Utah, online family history resource.

APPLE LEISURE GROUP: $950 million credit facility; Credit Suisse and Deutsche Bank; $125 million revolver (B2/B); $600 million seven-year covenant-light first-lien term loan (B2/B) talked at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; $225 million eight-year covenant-light second-lien term loan (Caa2/CCC+) talked at Libor plus 850 bps, 1% Libor floor, OID 98, call protection 102, 101; help fund buyout by KKR and KSL Capital Partners from Bain Capital Private Equity; Philadelphia-based hospitality company.

ARCLIN: $680 million credit facility; Credit Suisse and RBC; $75 million ABL revolver; $465 million seven-year covenant-light first-lien term loan (B+) talked at Libor plus 475 bps to 500 bps, 1% Libor floor, OID 99, 101 soft call for six months; $140 million eight-year covenant-light second-lien term loan (CCC+) talked at Libor plus 900 bps to 925 bps, 1% Libor floor, OID 98.5, call protection 102, 101; help fund buyout by Lonestar; Atlanta-based provider of surface overlay solutions and performance resins.

ARRAY CANADA INC.: $360 million credit facility (B2/B); UBS, BMO and TD Securities; $40 million five-year revolver; $275 million six-year covenant-light first-lien term loan talked at Libor plus 500 bps, 1% Libor floor, OID 99, 101 soft call for six months; $45 million six-year covenant-light delayed-draw term loan talked at Libor plus 500 bps, 1% Libor floor, OID 99; refinance debt and fund a dividend; Toronto-based provider of retail merchandising displays and store fixtures to the cosmetics industry.

ASCENSUS INC.: $421 million first-lien term loan due December 2022 talked at Libor plus 400 bps, 1% Libor floor, 101 soft call for six months; Credit Suisse; repricing; Dresher, Pa., service provider of retirement and college savings plans.

ATOTECH BV: $1.65 billion credit facility (B+); Barclays, JPMorgan, Citigroup, Credit Suisse, HSBC, Nomura, RBC and Bank of China; $250 million five-year revolver; $1.4 billion seven-year covenant-light senior secured term B (split into $900 million B-1 and $500 million B-2 allocated to Bank of China) at Libor plus 300 bps, 1% Libor floor, OID 99.75, 101 soft call for six months; help fund buyout by The Carlyle Group from Total; manufacturer of specialty plating chemicals and equipment.

AVOLON: $5.5 billion in term loans (Ba2/BBB-); Morgan Stanley, UBS, Barclays, JPMorgan, BNP Paribas, Credit Agricole and SunTrust; $500 million 3.5-year term B-1 at Libor plus 225 bps, OID 99.75, 101 soft call for six months; $5 billion five-year term B-2 at Libor plus 275 bps, 0.75% Libor floor, OID 99.5, 101 soft call for six months; help fund acquisition of CIT Group Inc.’s commercial aerospace leasing business; Ireland-based provider of aircraft leasing and lease management services.

BASS PRO GROUP LLC: $3.87 billion in loans (B1/B+); Bank of America, Wells Fargo, Citigroup, RBC, UBS and Goldman Sachs; $400 million term A; $2.97 billion seven-year covenant-light term B at Libor plus 500 bps, 0.75% Libor floor, OID 99, 101 soft call; $500 million 1.5-year asset-sale facility at Libor plus 475 bps, 0.75% Libor floor, OID 99; help fund acquisition of Cabela’s Inc.; Springfield, Mo., outdoor retailer.

BLUE NILE INC.: Expected closing Feb. 16; $235 million senior secured credit facility; Goldman Sachs; $50 million ABL revolver; $185 million six-year first-lien term loan at Libor plus 650 bps, 1% Libor floor, OID 97, call protection 102, 101; help fund buyout by Bain Capital Private Equity and Bow Street LLC; Seattle-based online jeweler.

BOOZ ALLEN HAMILTON INC.: $399 million term B talked at Libor plus 225 bps, 101 soft call for six months; Bank of America; repricing; McLean, Va., provider of management and technology consulting services, and engineering services to governments, corporations and not-for-profit organizations.

BROWN JORDAN INTERNATIONAL INC.: Expected closing Jan. 31; $200 million credit facility; Goldman Sachs and Societe Generale; $35 million ABL revolver; $165 million six-year first-lien term B (B2/B) at Libor plus 575 bps, 1% Libor floor, OID 99, 101 soft call for six months; help fund buyout by Littlejohn & Co. LLC; St. Augustine, Fla., manufacturer of indoor and outdoor furniture.

BUILDERS FIRSTSOURCE INC.: Expected closing Feb. 23; $468 million term B due Feb. 29, 2024 (B3) at Libor plus 300 bps, 1% Libor floor, OID 99.75, 101 soft call for six months; Deutsche Bank; repricing and extension; Dallas-based building materials manufacturer and supplier.

CAST & CREW PAYROLL LLC: $366 million first-lien term loan at Libor plus 350 bps, 1% Libor floor, 101 soft call for six months; RBC; repricing and add cash to the balance sheet; Burbank, Calif., provider of technology-enabled payroll, production accounting and related value-added services to the entertainment industry.

CHANGE HEALTHCARE: $5.365 billion credit facility (Ba3/B+); Bank of America, Goldman Sachs, Barclays, Citigroup, RBC and SunTrust; $500 million revolver; $4.865 billion seven-year covenant-light term B talked at Libor plus 275 bps to 300 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; refinance existing debt and help fund the creation of the company through the merger of Change Healthcare Holdings Inc. and the majority of McKesson Technology Solutions; healthcare information technology company.

CHARTER COMMUNICATIONS INC.: $2.606 billion in term loans; Bank of America; $1.448 billion term E due 2020 at Libor plus 200 bps; $1.158 billion term F due 2021 at Libor plus 200 bps; repricing; Stamford, Conn., broadband communications company and cable operator.

COLUMBUS MCKINNON CORP.: $545 million credit facility (Ba3/B+); JPMorgan, PNC, Citizens Bank and Manufacturers and Traders Trust; $100 million five-year revolver at Libor plus 250 bps, OID 99.5; $445 million seven-year covenant-light first-lien term B at Libor plus 300 bps, 1% Libor floor, OID 99.5, 101 soft call; help fund acquisition of Stahl CraneSystems from Konecranes plc and refinance existing bank debt; Getzville, N.Y., designer, manufacturer and marketer of material handling products, technologies and services.

COMMUNICATIONS SALES & LEASING INC.: $2.1 billion term B due October 2022 talked at Libor plus 275 bps to 300 bps, 1% Libor floor, 101 soft call through October 2017; JPMorgan; repricing; Little Rock, Ark., real estate investment trust engaged in the acquisition and construction of mission critical communications infrastructure.

CONTINENTAL BUILDING PRODUCTS OPERATING CO. LLC: Expected close late February; $274.3 million senior secured covenant-light term B due Aug. 18, 2023 at Libor plus 250 bps, 0.75% Libor floor, 101 soft call for six months; Citigroup and Credit Suisse; repricing; Herndon, Va., manufacturer of wallboard and gypsum-based products.

DASEKE INC.: $420 million credit facility; Credit Suisse, UBS and PNC on term loan, PNC on revolver; $250 million seven-year term loan (B1/BB-) talked at Libor plus 550-575 bps, 1% Libor floor, OID 98.5, 101 soft call protection; $100 million delayed draw term loan (B1/BB-) talked at Libor plus 550-575 bps, 1% Libor floor, OID 98.5; $70 million asset-based revolver; help fund acquisition by Hennessy Capital Acquisition Corp. II; Addison, Texas, owner of open deck equipment and an open deck transportation and logistics solutions company.

DELL TECHNOLOGIES: $5.5 billion first-lien term loan due Sept. 7, 2023 (including $500 million incremental) (Baa3/BBB-/BBB-) talked at Libor plus 250 bps to 275 bps, 0.75% Libor floor, OID 99.875, 101 soft call for six months; Credit Suisse; refinance existing debt and repricing; Round Rock, Texas, private technology company.

ELECTRO RENT CORP.: $635 million credit facility; Deutsche Bank, Barclays, BMO and Goldman Sachs; $85 million revolver (B3/B); $475 million seven-year covenant-light first-lien term loan (B3/B) at Libor plus 500 bps, 1% Libor floor, OID 98.5, 101 soft call; $75 million privately-placed second-lien term loan (Caa2/B-); help fund acquisition of Microlease from Lloyds Development Capital; Van Nuys, Calif.-based provider of specialty testing and measurement equipment services.

ENERGY TRANSFER EQUITY: $2.2 billion seven-year term loan (Ba2/BB/BB+) at Libor plus 275 bps, OID 99.75, 101 soft call for six months; Credit Suisse, Deutsche Bank, RBC, Goldman Sachs, SunTrust, DNB, BBVA, TD Securities, PNC, Natixis and SMBC; refinance existing term loans; Dallas-based midstream oil and gas company.

ESH HOSPITALITY INC.: $1.3 billion covenant-light term B due August 2023 talked at Libor plus 250 bps, 101 soft call for six months; Deutsche Bank, JPMorgan, Citigroup, Goldman Sachs, Bank of America, Morgan Stanley, Barclays, Credit Suisse and Macquarie; repricing; Charlotte, N.C., owner/operator of company-branded hotels.

FERRO CORP.: $625 million in seven-year covenant-light term B debt (Ba3/BB-); Deutsche Bank, PNC, Bank of America and HSBC; $375 million U.S. term B talked at Libor plus 275 bps, 0.75% Libor floor, OID 99.5, 101 soft call for six months; $250 million euro-equivalent term B talked at Euribor plus 275 bps to 300 bps, OID 99.5, 101 soft call for six months; refinance existing bank debt; Mayfield Heights, Ohio, functional coatings and color solutions provider that offers a portfolio of technology-based performance materials.

GIVE & GO PREPARED FOODS CORP.: $50 million covenant-light incremental first-lien term loan talked at Libor plus 550 bps, 1% Libor floor, OID 99.5, 101 soft call through July 29, 2017; Deutsche Bank and Antares; fund acquisition of Uncle Wally’s Bake Shoppe; Toronto-based manufacturer of value-added baked goods.

GO DADDY OPERATING CO. LLC: $2.47 billion seven-year senior secured covenant-light term B (Ba3/BB-) talked at Libor plus 275 bps, OID 99.5, 101 soft call for six months; Barclays, Deutsche Bank, Citigroup, RBC, JPMorgan, HSBC and Societe Generale; fund acquisition of Host Europe Group from Cinven and refinance existing term B; Scottsdale, Ariz., provider of web hosting and domain names.

GRAY TELEVISION INC.: $656.4 million credit facility; Wells Fargo; $556.4 million term loan due February 2024 talked at Libor plus 250 bps, OID 99.5, 101 soft call for six months; $100 million revolver due February 2022; extension and repricing; Atlanta-based television broadcast company.

GRIFOLS: $6.3 billion credit facility (Ba2); Nomura (left on term B), Bank of America (left on revolver and term A), Goldman Sachs and HSBC; $3 billion eight-year term B at Libor plus 225 bps, OID 99.75, 101 soft call for six months; $300 million six-year revolver talked at Libor plus 150 bps to 175 bps; $3 billion six-year term A (including $650 million euro-equivalent carve-out) talked at Libor plus 150 bps to 175 bps; help fund acquisition of the Nucleic Acid Testing donor screening unit from Hologic and refinance existing debt; Barcelona-based healthcare company.

HARLAND CLARKE HOLDINGS CORP.: $370 million five-year covenant-light first-lien term loan (B1/BB-) talked at Libor plus 600 bps, 1% Libor floor, OID 98, 101 soft call for six months; Credit Suisse, Bank of America, JPMorgan, Deutsche Bank, Citigroup, Wells Fargo, Macquarie and Jefferies; refinance existing term loan; San Antonio-based provider of media delivery, payment solutions and marketing services.

HERBALIFE: $1.325 billion credit facility (Ba1/BB+); Credit Suisse; $150 million revolver; $1.175 billion seven-year covenant-light first-lien term loan talked at Libor plus 375 bps, 0.75% Libor floor, OID 99, 101 soft call for six months; refinance existing revolver and general corporate purposes; Los Angeles-based nutrition and weight management company.

HOMER CITY GENERATION LP: $150 million senior secured term B; Morgan Stanley; fund a cash collateralized letter of credit account or to directly collateralize obligations, collateralize hedging obligations, fund the debt service reserve account and general corporate purposes; Indiana, Pa., operator of coal-fired electric generating units.

HYLAND SOFTWARE INC.:$771 million first-lien term loan due July 2022 (including $155 million incremental) (B2) at Libor plus 325 bps, 25 bps step-down at 3.5x first-lien leverage, 0.75% Libor floor, 101 soft call for six months; Credit Suisse and Goldman Sachs; repay second-lien term loan and reprice first-lien term loan; Westlake, Ohio, enterprise content-management software developer.

INFOR: $2.4 billion term loan (B/BB) due 2022 talked at Libor plus 275 bps, 1% Libor floor, OID 99.5 to 99.75, 101 soft call for six months; Bank of America; also €750 million term loan (B/BB) due 2022 talked at Euribor plus 275 bps to 300 bps, 1% floor, OID 99.5 to 99.75, 101 soft call for six months; refinance existing term loans; New York-based enterprise software provider.

INNOCOR INC.: $675 million senior secured credit facility; Barclays (left on first-lien), Bank of America (left on second-lien), Macquarie, Mizuho and Wells Fargo; $125 million asset-based revolver; $425 million seven-year covenant-light first-lien term loan (B2/B+) talked at Libor plus 475 bps, 1% Libor floor, OID 99, 101 soft call for six months; $125 million eight-year covenant-light second-lien term loan (Caa1/CCC+) talked at Libor plus 900 bps, 1% Libor floor, OID 98, call protection 102, 101; help fund buyout by Bain Capital Private Equity from Sun Capital Partners Inc.; Red Bank, N.J., designer and manufacturer of advanced foam products for commercial and retail channels.

JBS USA LUX SA: Expected closing Feb. 2; $2.8 billion term B (Ba1/BBB-) due Oct. 30, 2022 at Libor plus 250 bps, 0.75% Libor floor, 101 soft call for six months; Barclays; refinance existing term loan B debt and general corporate purposes; Greeley, Colo., animal protein products processing company.

KINDERCARE EDUCATION LLC (KUEHG CORP.): $200 million tack-on first-lien term loan (B2/B) due Aug. 13, 2022 talked at Libor plus 425 bps, 1% Libor floor, OID 99.5, 101 soft call through April 18, 2017; Credit Suisse; repay existing second-lien term loan; Portland, Ore., provider of early childhood care and education services.

LEIDOS INNOVATIONS CORP.: Expected closing Feb. 16; $1.131 billion senior secured covenant-light term B (Ba1/BBB-) due Aug. 16, 2023 talked at Libor plus 225 bps, 101 soft call for six months; Citigroup, MUFG, Bank of America, JPMorgan, Goldman Sachs, Scotiabank, Wells Fargo, PNC, SunTrust and US Bank; repricing; Reston, Va., provider of technology and sector expertise to customers in national security, health and engineering.

LESLIE’S POOLMART INC.: $858 million term B (B1) talked at Libor plus 325 bps, 1% Libor floor, 101 soft call for six months; Nomura; repricing; Phoenix-based retailer of swimming pool supplies and related products.

LIMETREE BAY TERMINALS LLC: $440 million first-lien senior secured term loan (Ba3/BB-) talked at Libor plus 500 bps, 1% Libor floor, OID 98, 101 soft call for six months; Barclays and Morgan Stanley; fund future growth capital expenditure needs and provide a distribution to the sponsor; Christiansted, Virgin Islands, owner of the oil terminal at Limetree Bay.

LIONBRIDGE TECHNOLOGIES INC.: $325 million senior secured credit facility; Credit Suisse and KKR; $40 million revolver (Ba3/B); $200 million seven-year first-lien term loan (Ba3/B) talked at Libor plus 550 bps, 1% Libor floor, OID 99, 101 soft call for six months; $85 million eight-year second-lien term loan (Caa1/CCC+) talked at Libor plus 975 bps, 1% Libor floor, OID 98, call protection 103, 102, 101; help fund buyout by H.I.G. Capital LLC; Waltham, Mass., provider of translation, online marketing, global content management and application testing solutions.

MEDIACOM LLC: $500 million seven-year term loan (Ba2) talked at Libor plus 250 bps, 0.75% Libor floor, OID 99.5, 101 soft call for six months; JPMorgan; refinance term F and repay notes; Mediacom Park, N.Y., cable operator.

MEDIWARE INFORMATION SYSTEMS INC.: $495 million credit facility; Bank of America, Jefferies, SunTrust, Nomura and RBC; $60 million five-year revolver (B2/B-); $320 million seven-year covenant-light first-lien term B (B2/B-) talked at Libor plus 400 bps to 425 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $115 million second-lien term loan (CCC); help fund buyout by TPG Capital from Thoma Bravo; Lenexa, Kan., provider of software for healthcare and human services providers.

MILK SPECIALTIES: $475 million covenant-light first-lien term loan due Aug. 16, 2023 talked at Libor plus 400 bps to 425 bps, 1% Libor floor, 101 soft call for six months; Credit Suisse; repricing; Eden Prairie, Minn., human and animal nutrition company.

ONVOY LLC: $715 million credit facility; Credit Suisse and Regions Bank; $35 million revolver (B1/B+); $500 million seven-year covenant-light first-lien term loan (B1/B+) talked at Libor plus 500 bps, 1% Libor floor, OID 98.5, 101 soft call for six months; $180 million privately placed second-lien term loan (CCC+); merger with Inteliquent Inc. that will take place in connection with Inteliquent’s buyout by GTCR LLC; Plymouth, Minn., communications enabler.

OPTIV SECURITY: $1.13 billion credit facility; Jefferies, Macquarie and KKR; $100 million five-year ABL revolver; $800 million seven-year covenant-light first-lien term loan (B2/B) at Libor plus 325 bps, 1% Libor floor, OID 99.75, 101 soft call for six months; $230 million eight-year covenant-light second-lien term loan (Caa2/CCC+) at Libor plus 725 bps, 1% Libor floor, OID 99.5, call protection 102, 101; help fund buyout by KKR from a group of private investors; Denver-based provider of end-to-end cyber security solutions.

PEABODY ENERGY CORP.: $500 million five-year covenant-light first-lien senior secured term loan talked at Libor plus 525 bps, 1% Libor floor, OID 98.5, 101 hard call; Goldman Sachs, JPMorgan, Credit Suisse and Macquarie; help refinance existing debt in connection with exit from bankruptcy; St. Louis-based coal producer.

PINNACLE FOODS FINANCE LLC: Expected closing Feb. 3; $2.462 billion credit facility (Ba2/BB+); Bank of America, Barclays, Credit Suisse, Morgan Stanley and Goldman Sachs; $200 million revolver due 2022; $2.262 billion term loan due 2024 at Libor plus 200 bps, OID 99.875, 101 soft call for six months; help refinance existing bank debt; Parsippany, N.J., manufacturer, marketer and distributor of high-quality branded food products.

PODS LLC: $620.8 million senior secured covenant-light term B due Feb. 2, 2022 talked at Libor plus 300 bps to 325 bps, 1% Libor floor, 101 soft call for six months; Morgan Stanley and Barclays; repricing; Clearwater, Fla., provider of storage and moving containers.

POWER PRODUCTS LLC: $392.5 million senior secured credit facility; RBC; $30 million revolver (B1/B); $270 million first-lien term loan (B1/B) at Libor plus 450 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $92.5 million privately placed second-lien term loan; help fund buyout by Genstar Capital; Menomonee Falls, Wis., manufacturer and supplier of electrical products for construction and maintenance, recreational marine and specialty vehicles, industrial power, and transportation.

PRIMESOURCE BUILDING PRODUCTS (PRISO ACQUISITION CORP.): Expected closing Feb. 2; $426 million term loan due May 2022 at Libor plus 300 bps, 1% Libor floor, 101 soft call for six months; Deutsche Bank; repricing; Dallas-based two-step building products distributor.

PRINTPACK INC.: $274.3 million term B due 2023 talked at Libor plus 325 bps to 350 bps, 1% Libor floor, 101 soft call for six months; JPMorgan; repricing; Atlanta-based manufacturer of flexible and specialty rigid packaging.

RCN GRANDE (RADIATE HOLDCO LLC): $1.575 billion credit facility (B1/B); Credit Suisse, UBS, Morgan Stanley and Deutsche Bank; $150 million revolver; $1.425 billion seven-year covenant-light first-lien term loan at Libor plus 300 bps, 0.75% Libor floor, OID 99.5, 101 soft call for six months; help fund acquisitions of RCN Telecom Services LLC and Grande Communications Networks LLC by TPG Capital, Google Capital and Patriot Media Management from Abry Partners; broadband services provider.

SAMSONITE INTERNATIONAL SA: Expected closing Feb. 2; $673 million term B (Ba2/BBB-) due Aug. 1, 2023 at Libor plus 225 bps, 101 soft call for six months; Morgan Stanley, HSBC, Bank of America, SunTrust and MUFG; repricing; Hong Kong-based manufacturer of bags and luggage.

SELECT MEDICAL HOLDINGS CORP.: $1.15 billion seven-year term loan (Ba2/BB-) talked at Libor plus 350 bps to 375 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; JPMorgan; refinance existing term loans; Mechanicsburg, Pa., health care company.

SMS SYSTEMS MAINTENANCE SERVICES INC.: $270 million add-on term loan talked at Libor plus 500 bps, 1% Libor floor, OID 99; Antares; help fund merger with Curvature LLC; Charlotte, N.C., provider of IT data center lifecycle services.

SOLARWINDS INC.: Expected closing Feb. 21; $1.695 billion first-lien term loan due Feb. 5, 2023 at Libor plus 350 bps, 1% Libor floor, 101 soft call for six months; Goldman Sachs, Credit Suisse, Macquarie and Nomura; repricing; Austin, Texas, provider of IT network and systems infrastructure management software.

SOLERA HOLDINGS INC.: $300 million incremental term B (Ba3/B) due March 2023 at Libor plus 475 bps, 1% Libor floor, 101 soft call until March; Nomura, Jefferies and Macquarie; fund acquisition of Autodata from Bowmark Capital and Rothschild & Co.’s Five Arrows Principal Investments; Westlake, Texas, provider of software and services to the automobile insurance claims processing industry.

SPRINT CORP.: $4 billion seven-year term B (Ba2/NA/BB+) talked at Libor plus 250 bps, 0.75% Libor floor, OID 99.5 to 99.75, 101 soft call for six months; JPMorgan; general corporate purposes; Overland Park, Kan., communications services company.

TEAMHEALTH HOLDINGS INC.: $3.15 billion senior secured credit facility (B1/B/BB); JPMorgan, Barclays, Bank of America and Morgan Stanley; $400 million revolver; $2.75 billion seven-year covenant-light term B at Libor plus 275 bps, 1% Libor floor, OID 99.75, 101 soft call; help fund buyout by Blackstone; Knoxville, Tenn., physician services organization.

TELESAT CANADA: $2.4 billion term B (Ba3) talked at Libor plus 325 bps, 0.75% Libor floor, 101 soft call through November 2017; JPMorgan; repricing; Ottawa-based fixed satellite services operator.

TIME MANUFACTURING CO.: $111 million credit facility; BNP Paribas; $30 million five-year revolver; $81 million six-year term loan talked at Libor plus 500 bps to 525 bps, 1% Libor floor, OID 99, 101 soft call for six months; help fund buyout by Sterling Group; Waco, Texas, aerial lift manufacturer.

TKC HOLDINGS INC.: $1.41 billion credit facility; Jefferies (left on first-lien) and KKR (left on second-lien); $50 million revolver (B1/B); $1.1 billion six-year first-lien term loan (B1/B) at Libor plus 375 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $260 million seven-year second-lien term loan (Caa1/CCC+) talked at Libor plus 750 bps to 775 bps, 1% Libor floor, OID 98.5, call protection 102, 101; refinance existing debt and fund a distribution to shareholders; St. Louis-based provider of commissary, food service and related technology products to the corrections industry, and a provider of in-room coffee service to hotels and motels.

TOWNSQUARE MEDIA INC.: $298.5 million first-lien term loan (Ba2/BB-) talked at Libor plus 300 bps, 1% Libor floor, 101 soft call for six months; RBC; repricing; Greenwich, Conn., diversified media and entertainment and digital marketing services company.

TRADESMEN INTERNATIONAL INC.: $350 million credit facility; Deutsche Bank, Macquarie, HSBC, Goldman Sachs and Credit Suisse; $40 million cash flow revolver; $230 million seven-year first-lien term loan (B1/B) talked at Libor plus 425 bps, 1% Libor floor, OID 99, 101 soft call for six months; $80 million eight-year second-lien term loan (Caa1/CCC+) talked at Libor plus 850 bps to 875 bps, 1% Libor floor, OID 98.5, call protection 102, 101; help fund buyout by Blackstone from Wellspring Capital Management LLC; Macedonia, Ohio, agency-based provider of outsourced skilled craftsmen.

TRANSDIGM GROUP INC.: $5.057 billion in term loans; Credit Suisse, Citigroup, Morgan Stanley, UBS, Barclays, Goldman Sachs, HSBC and RBC; $1.514 billion term E due May 2022 at Libor plus 275 bps, 101 soft call for six months; $2.029 billion seven-year covenant-light first-lien term loan (Ba2/B) at Libor plus 275 bps, OID 99.75, 101 soft call for six months; refinance term C and term D, and reprice term E; Cleveland-based designer, producer and supplier of highly engineered aircraft components for use on commercial and military aircraft.

UFC HOLDINGS LLC: Roughly $1.37 billion first-lien term loan talked at Libor plus 325 bps, 1% Libor floor, 101 soft call for six months; KKR; repricing; Las Vegas-based sports brand and pay-per-view event provider.

UPC FINANCING PARTNERSHIP: $2.15 billion term AP due April 2025 talked at Libor plus 250 bps to 275 bps, OID 99.75, 101 soft call for six months; JPMorgan, Bank of America, Credit Suisse, Goldman Sachs, Nomura and Scotiabank; refinance term AN due 2024; TV and broadband company.

V.GROUP: $745 million credit facility; Goldman Sachs, HSBC, Citigroup, RBS and RBC; $57.5 million revolver (B1/B); $515 million seven-year senior secured term B (B1/B) at Libor plus 300 bps, step-down to Libor plus 275 bps at either when net first-lien leverage is below 4.25x or post IPO, 1% Libor floor, 101 soft call for six months; $172.5 million privately-placed second-lien term loan; help fund buyout by Advent International from Omers Private Equity; London-based marine and offshore vessel management and support services provider.

VICTORY CAPITAL OPERATING LLC: $100 million add-on term loan talked at Libor plus 750 bps, 1% Libor floor, OID 99.75 to par; RBC; fund a dividend; Brooklyn, Ohio, asset management firm.

VISTRA OPERATIONS CO. LLC: Expected closing Feb. 6; $3.5 billion in term loans; Deutsche Bank, Barclays, Citigroup, Credit Suisse, Goldman Sachs, RBC, Natixis and UBS; $2.85 billion covenant-light term B due August 2023 at Libor plus 275 bps, 0.75% Libor floor, 101 soft call for six months; $650 million covenant-light term C due August 2023 at Libor plus 275 bps, 0.75% Libor floor, 101 soft call for six months; repricing; Dallas-based power generator and retail electric provider.

WCA WASTE CORP.: $299 million term B talked at Libor plus 275 bps, 101 soft call for six months; SunTrust; repricing; Houston-based vertically integrated non-hazardous solid waste management company.

WME IMG LLC: Term B talked at Libor plus 300 bps, 1% Libor floor, 101 soft call for six months; KKR; repricing; entertainment, sports and fashion company.

WORLDWIDE EXPRESS: $545 million credit facility; Antares (left on first-lien), Deutsche Bank (left on second-lien) and Citizens Bank; $60 million revolver (B1/B); $360 million seven-year first-lien term loan (B1/B) talked at Libor plus 475 bps, 1% Libor floor, OID 99, 101 soft call for six months; $125 million eight-year privately placed second-lien term loan (Caa1/CCC+) at Libor plus 875 bps, 1% Libor floor, OID 98.5, call protection 102, 101; help fund buyout by Ridgemont Equity Partners from Quad-C Management and combination with Unishippers Global Logistics; Dallas-based non-asset based third-party logistics provider.

ZEKELMAN INDUSTRIES: Expected closing mid-February; $921 million term B due June 14, 2021 (including $100 million incremental) at Libor plus 375 bps, 1% Libor floor, 101 soft call for six months; Goldman Sachs; mergers and acquisitions and general corporate purposes, and repricing; Chicago-based manufacturer of industrial steel pipe and tubular products.

On The Horizon

ALIPAY (ANT FINANCIAL): New debt financing; Citigroup; help fund acquisition of MoneyGram; China-based mobile payment platform.

AMC ENTERTAINMENT HOLDINGS INC.: Up to $675 million incremental term B due Dec. 15, 2023 expected at Libor plus 275 bps, 101 soft call for six months; Citigroup; Leawood, Kan., movie exhibition company.

AMERICAN AXLE & MANUFACTURING HOLDINGS INC.: $2.45 billion senior secured credit facility; JPMorgan; $800 million five-year revolver; $100 million five-year term A; $1.55 billion seven-year term B, 0.75% Libor floor; help fund acquisition of Metaldyne Performance Group Inc.; Detroit-based manufacturer and designer of driveline and drivetrain systems and related components and modules, chassis systems, electric drive systems and metal-formed products.

BC PARTNERS/MEDINA CAPITAL JOINT VENTURE: New debt financing; Citigroup, JPMorgan, Barclays, Credit Suisse, Jefferies, HSBC, Macquarie and Citizens; help fund acquisition of 57 data centers from CenturyLink Inc.; secure infrastructure company.

BROADCOM LTD.: New debt financing; help fund acquisition of Brocade Communications Systems Inc.; San Jose, Calif., and Singapore-based designer, developer and supplier of semiconductor devices.

CABLE ONE INC.: $650 million in incremental term loans; JPMorgan; $300 million incremental five-year term A; $350 million incremental seven-year term B; help fund acquisition of NewWave Communications; Phoenix-based cable company.

CENTURYLINK: $8 billion senior secured credit facility; Bank of America, Morgan Stanley, MUFG, Barclays, JPMorgan, Wells Fargo, RBC, Goldman Sachs, SunTrust, Mizuho, Regions Bank, Fifth Third, Credit Suisse and U.S. Bank; $2 billion revolver estimated at Libor plus 275 bps; $1.5 billion term A estimated at Libor plus 275 bps; $4.5 billion term B estimated at Libor plus 400 bps, 0.75% Libor floor; help fund acquisition of Level 3 Communications Inc.; Monroe, La., communications, hosting, cloud and IT services company.

ELDORADO RESORTS INC.: $1.75 billion credit facility; JPMorgan; $300 million five-year revolver expected at Libor plus 300 bps; $1.45 billion seven-year covenant-light term B expected at Libor plus 325 bps, 1% Libor floor, 101 soft call protection for six months; help fund acquisition of Isle of Capri Casinos Inc.; Reno, Nev., casino entertainment company.

EPIC HEALTH SERVICES: New debt financing; Barclays, BMO and RBC; help fund buyout by Bain Capital Private Equity from Webster Capital; Dallas-based provider of home health care services to medically-fragile children and adults.

GARTNER INC.: $1.375 billion seven-year covenant-light senior secured term B expected at Libor plus 275 bps, OID 99.5, 101 soft call for six months; JPMorgan and Goldman Sachs; help fund acquisition of CEB Inc.; Stamford, Conn., information technology research and advisory company.

LS POWER: $1.715 billion credit facility; Credit Suisse, Goldman Sachs, JPMorgan, RBC, Barclays and Macquarie; $175 million revolver; $1.54 billion term B; help fund acquisition of generation resources in the Northeastern United States, through its affiliate Helix Generation LLC, from TransCanada Corp.; New York-based developer, owner, operator and investor in power generation and electric transmission infrastructure.

LUMILEDS: New credit facility; Deutsche Bank, Credit Suisse, BNP Paribas, ING and Rabobank; help fund buyout by Apollo Global Management LLC from Royal Philips; supplier of LED components and automotive lighting.

NEUSTAR INC.: $1.75 billion senior secured credit facility; Bank of America, UBS, Jefferies and Angel Island Capital; $1.4 billion first-lien credit facility; $350 million second-lien credit facility; help fund buyout by Golden Gate Capital; Sterling, Va., provider of real-time information services.

SILGAN HOLDINGS INC.: $800 million term A; help fund acquisition of WestRock Co.’s specialty closures and dispensing systems business; Stamford, Conn., supplier of rigid packaging for consumer goods products.


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