Bank Loan Calendar: $63.3716 billion deals being marketed

December Bank Meetings

SEDGWICK CLAIMS MANAGEMENT SERVICES INC.: Conference call Dec. 12; $935 million in term loans; KKR; $735 million incremental first-lien term loan (B) due 2021; $200 million second-lien term loan (CCC+) due 2022; fund acquisition of Cunningham Lindsey; Memphis, Tenn., provider of technology-enabled risk and benefits solutions.

WESTERN GENERATION PARTNERS (WGP ACQUISITION LLC): Conference call Dec. 12; roughly $235 million term B; MUFG; repricing; owner of power plants.

Upcoming Closings

ABC FINANCIAL SERVICES INC.: $400 million senior secured credit facilities; Jefferies, Macquarie and Antares; $25 million five-year revolver (B); $260 million seven-year first-lien term loan (B) talked at Libor plus 400 bps to 425 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $115 million privately placed eight-year second-lien term loan, call protection 102, 101; help fund buyout by Thoma Bravo; Little Rock, Ark., software and payment processing company.

AC OCEAN WALK LLC: $250 million in term loans; Deutsche Bank; $175 million five-year first-lien term loan (B2/B-) talked at Libor plus 800 bps, 1% Libor floor, OID 99, call protection 102, 101; $75 million 5.5-year second-lien term loan (Caa2/CCC) talked at 12% PIK toggle based on a leverage grid, OID 99; fund the acquisition and re-opening of the Atlantic City, N.J. casino resort formerly known as Revel Atlantic City.

ACCENTCARE: $219 million first-lien term loan (including $55 million add-on delayed-draw loan) talked at Libor plus 525 bps, 1% Libor floor, OID 99.5 on add-on; Capital One; repricing and general corporate purposes including acquisitions; Dallas-based home health provider.

ARISTOCRAT LEISURE LTD.: $890 million incremental senior secured term B due October 2024 talked at Libor plus 200 bps, 0% Libor floor, OID 99.75; UBS, Citigroup and Goldman Sachs; help fund acquisition of Big Fish Games Inc.; Sydney, Australia, provider of gaming solutions.

ARRIS GROUP INC.: $543 million term loan talked at Libor plus 225 bps, step-down to Libor plus 200 bps at 1.5x leverage, 0% Libor floor, 101 soft call for six months; Bank of America, JPMorgan, MUFG and RBC; repricing; Suwanee, Ga., telecommunications company.

ASCENSUS INC.: $610 million term loan (including $150 million incremental of which $50 million is delayed-draw) (B2) due December 2022 talked at Libor plus 350 bps to 375 bps, 1% Libor floor, OID 99.5 to 99.75 on incremental, 101 soft call for six months; Credit Suisse; fund tuck-in acquisitions and repricing; Dresher, Pa., service provider of retirement and college savings plans.

AUTODATA INC.: $385 million senior secured credit facilities; RBC and KKR; $25 million revolver (B2/B-); $280 million seven-year covenant-light first-lien term loan (B2/B-) at Libor plus 325 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; $80 million eight-year covenant-light second-lien term loan (Caa1/CCC) at Libor plus 725 bps, 0% Libor floor, OID 99.5, 101 hard call for one year; capitalize the business as a standalone entity; provider of data and software solutions that power the automotive industry.

AVAYA INC.: Expected closing in December; $2.925 billion seven-year first-lien term loan (B2//B+) at Libor plus 475 bps, 1% Libor floor, OID 99, 101 soft call for six months; Goldman Sachs, Citigroup, Barclays, Credit Suisse and Deutsche Bank; exit financing; Santa Clara, Calif., business communications company.

BAYMARK HEALTH SERVICES INC.: $104 million in term loans; Capital One; $29 million incremental first-lien term loan talked at Libor plus 475 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $30 million incremental first-lien delayed-draw term loan talked at Libor plus 475 bps, 1% Libor floor, OID 99.5; $45 million second-lien term loan talked at Libor plus 850 bps to 875 bps, 1% Libor floor, OID 98.5, call protection 102, 101; general corporate purposes, including acquisitions; Lewisville, Texas, behavioral health provider specializing in opioid treatment services.

BEACON ROOFING SUPPLY INC.: Expected closing Jan. 2; $2.27 billion senior secured credit facilities; Citigroup (left on term B), Wells Fargo (left on revolver), Bank of America, JPMorgan and SunTrust; $970 million seven-year covenant-light term B (B1/BB+) at Libor plus 225 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $1.3 billion asset-based revolver; help fund acquisition of Allied Building Products Corp. and refinance existing term B; Herndon, Va., distributor of residential and commercial roofing materials and complementary building products;.

BENEFITMALL (BMC ACQUISITION INC.): $270 million credit facilities (B2/B); Credit Suisse; $40 million revolver; $230 million seven-year covenant-light first-lien term loan talked at Libor plus 475 bps to 500 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; help fund buyout by Carlyle Group from Austin Ventures; Dallas-based provider of employee benefits and payroll services to small and medium sized businesses.

CENSEOHEALTH/ADVANCE HEALTH (CHLOE OX PARENT LLC): $295 million senior secured credit facilities (B); UBS and Deutsche Bank; $35 million revolver; $260 million seven-year covenant-light first-lien term loan talked at Libor plus 525 bps, 1% Libor floor, OID 99, 101 soft call for six months; help fund buyout of CenseoHealth LLC and Drynachan LLC (Advance Health) by New Mountain Capital; provider of in-home health assessments conducted by physicians and managed care prospective health solutions.

CHARTER COMMUNICATIONS INC.: $12.3 billion credit facilities (BBB-); Bank of America; $3.5 billion revolver due March 2023 talked at Libor plus 150 bps; $2.5 billion term A due March 2023 talked at Libor plus 150 bps; $6.3 billion term B due April 2025 talked at Libor plus 200 bps, OID 99.75, 101 soft call for six months; refinance existing bank debt; Stamford, Conn., broadband communications company and cable operator.

CHEFS’ WAREHOUSE INC.: $289.2 million first-lien term loan talked at Libor plus 400 bps, 1% Libor floor, 101 soft call for six months; Jefferies; repricing; Ridgefield, Conn., distributor of specialty food products.

CHURCHILL DOWNS INC.: $600 million term B (Ba2/BB+) due 2024 talked at Libor plus 225 bps, 0% Libor floor, OID 99.5 to 99.75, 101 soft call for six months; JPMorgan, Fifth Third, PNC, U.S. Bank and Wells Fargo; refinance existing debt; Louisville, Ky., owner and operator of racing facilities.

CIBT: $339.2 million covenant-light first-lien term loan talked at Libor plus 350 bps, 1% Libor floor, 101 soft call for six months; Antares; refinance existing debt; McLean, Va., provider of mobility solutions, offering expedited visa, work permit, immigration, passport and other related value-added services.

COMPASS POWER GENERATION LLC: $760 million senior secured credit facilities (Ba3/BB-); Morgan Stanley and MUFG; $60 million revolver; $700 million seven-year term B talked at Libor plus 400 bps, 1% Libor floor, OID 99, 101 soft call for six months; refinance existing debt, fund a distribution to Starwood Energy Group and fund a capital expenditure reserve; natural gas power portfolio.

DARLING INGREDIENTS INC.: $525 million seven-year covenant-light term B (Ba1/BBB-) talked at Libor plus 200 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; BMO, Bank of America, JPMorgan and Citigroup; refinance existing term B; Irving, Texas, developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients.

DEALOGIC: $360 million seven-year senior secured term loan talked at Libor plus 400 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; UBS; also €250 million seven-year senior secured term loan talked at Euribor plus 400 bps, 1% floor, OID 99.5, 101 soft call for six months; help fund recapitalization in connection with the acquisition by ION Investment Group of a controlling stake; New York and London-based provider of data and analytics, market intelligence and capital markets software solutions for financial institutions.

DIPLOMAT PHARMACY INC.: $795 million senior secured credit facilities (B1/B+); JPMorgan and Capital One; $250 million five-year revolver; $545 million seven-year covenant-light term loan talked at Libor plus 400 bps to 425 bps, 1% Libor floor, OID 99, 101 soft call for six months; fund acquisition of Leehar Distributors LLC and refinance existing bank debt; Flint, Mich., provider of specialty pharmacy services.

DIRECT CHASSISLINK INC.: Expected closing early-to-mid January; $325 million senior secured covenant-light term loan (BB-) due June 15, 2023 talked at Libor plus 650 bps, 0% Libor floor, OID 99, call protection 102, 101, reducing to 101 in connection with a change of control; Citigroup, Bank of America, Deutsche Bank and Goldman Sachs; fund acquisition of TRAC Intermodal’s fleet of domestic chassis and related customer and hosting contracts; Charlotte, N.C., provider of chassis leasing.

DUFF & PHELPS CORP.: $1.12 billion senior secured credit facilities (B2/B); UBS and Goldman Sachs; $100 million revolver; $1.02 billion seven-year term B at Libor plus 325 bps, 1% Libor floor, OID 99.75, 101 soft call for six months; help fund buyout by Permira; New York-based valuation and corporate finance advisor.

DYNEGY INC.: $2.018 billion senior secured term B (Ba3/BB) due February 2024 talked at Libor plus 275 bps, 25 bps based step-down if at least Ba3/BB- corporate ratings, 1% Libor floor, 101 soft call for six months; Goldman Sachs, Credit Suisse, Deutsche Bank, JPMorgan, UBS, Barclays and RBC; repricing; Houston-based energy company.

EMI MUSIC PUBLISHING GROUP NORTH AMERICA HOLDINGS INC.: $1.0244 first-lien term loan talked at Libor plus 225 bps, 101 soft call for six months; UBS; repricing; New York-based music publisher.

ENVIGO: $300 million six-year term loan (B3/B-) talked at Libor plus 425 bps to 450 bps, 1% Libor floor, OID 99 to 99.5, 101 soft call for six months; JPMorgan; refinance existing debt; N.J.-based provider of nonclinical contract research services and research models.

EVO PAYMENTS INTERNATIONAL: $570 million term loan talked at Libor plus 400 bps to 425 bps, 1% Libor floor; SunTrust; repricing; Atlanta-based payments processor and acquirer for merchants, independent sales organizations, financial institutions, government organizations and multinational corporations.

EVOQUA WATER TECHNOLOGIES (EWT HOLDING III CORP.): $796 million covenant-light first-lien term loan (B2/B) due December 2024 talked at Libor plus 300 bps to 325 bps, 1% Libor floor, 101 soft call for six months; Credit Suisse; extend and reprice existing term loan; Warrendale, Pa., provider of equipment and services for water treatment.

GIGAMON INC.: $600 million senior secured credit facilities; Jefferies; $50 million revolver (B2/B/BB-); $400 million seven-year first-lien term loan (B2/B/BB-) talked at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call for six months; $150 million privately placed eight-year second-lien term loan (Caa2/CCC/CCC+); help fund buyout by Evergreen Coast Capital Corp. (Elliott Management); Santa Clara, Calif., provider of active visibility into physical and virtual network traffic.

GLASS MOUNTAIN PIPELINE LLC: $325 million senior secured credit facilities (B2/B); Morgan Stanley and Macquarie; $25 million five-year revolver; $300 million seven-year term B talked at Libor plus 450 bps to 475 bps, 1% Libor floor, OID 99, 101 soft call for six months; fund acquisition by BlackRock Inc.’s Global Energy and Power Infrastructure Fund, in partnership with Navigator Energy Services, from SemGroup Corp. and NGL Energy Partners LP; midstream asset consisting of a crude transportation system linking the STACK, Mississippi Lime, and Granite Wash plays to Cushing, Okla.

GO WIRELESS: $400 million seven-year senior secured term loan talked at Libor plus 600 bps, 1% Libor floor, OID 99, 101 soft call for six months; UBS; refinance existing debt, fund a dividend and general corporate purposes; Verizon authorized retailer.

HANESBRANDS: $500 million seven-year term B (Baa3/BBB-) at Libor plus 175 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; JPMorgan; refinance existing debt; Winston Salem, N.C., marketer of everyday basic apparel.

HI-CRUSH PARTNERS LP: $200 million seven-year senior secured term B (B-) talked at Libor plus 400 bps, 25 bps step-down upon a B2 corporate rating, 1% Libor floor, OID 99, 101 soft call for six months; Morgan Stanley; refinance existing term B; Houston-based producer, transporter, marketer and distributor of premium frac sand.

HYPERION INSURANCE GROUP LTD.: Roughly $1.33 billion equivalent senior secured credit facilities (B2/B); Morgan Stanley, Barclays, JPMorgan, RBC, HSBC, Lloyds, NatWest and ING; £125 million five-year revolver talked at Libor plus 350 bps, 0% Libor floor; $925 million seven-year covenant-light term B talked at Libor plus 350 bps to 375 bps, 25 bps step-down at first-lien net leverage of 4.25x, 1% Libor floor, OID 99.5, 101 soft call for six months; €200 million seven-year covenant-light term B talked at Euribor plus 350 bps to 375 bps, 25 bps step-down at first-lien net leverage of 4.25x, 0% floor, OID 99.5, 101 soft call for six months; refinance existing debt, fund near-term acquisitions and general corporate purposes; London-based insurance intermediary group.

INDIVIOR FINANCE: $444.9 million in U.S. senior secured credit facilities; Morgan Stanley and JPMorgan; $50 million revolver; $394.9 million term B due December 2022 talked at Libor plus 475 bps to 500 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; also €76.3 million term B due December 2022 talked at Euribor plus 475 bps to 500 bps, 0% floor, OID 99.5, 101 soft call for six months; refinance existing senior secured debt facilities; Richmond, Va., specialty pharmaceutical company.

INNOVATIVE XCESSORIES & SERVICES LLC: $235 million incremental senior secured first-lien term loan (B) due Nov. 29, 2022 talked at Libor plus 475 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; Jefferies; fund an acquisition and distribution to shareholders; Huntsville, Ala., provider of upfit services and accessories to the automotive aftermarket and original equipment manufacturers.

JAGGAER: $410 million senior secured credit facilities (B); Antares; $25 million five-year revolver; $385 million seven-year covenant-light term loan talked at Libor plus 400 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; help fund acquisition of BravoSolution from Italmobiliare S.p.A.; Morrisville, N.C., spend management technology company. BravoSolution is a strategic procurement solution provider.

LEARFIELD COMMUNICATIONS LLC: $364 million incremental covenant-light first-lien term loan (B1/B+) due Dec. 1, 2023 at Libor plus 325 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; Deutsche Bank, UBS, KKR, Antares, SunTrust, Barclays, Jefferies, JPMorgan and RBC; fund merger with IMG College; Plano, Texas, provider of collegiate sports multimedia rights administration and marketing services.

MB AEROSPACE HOLDINGS II CORP.: $305 million secured credit facilities (B2/B); RBC, Societe Generale, Barclays and Citizens; $50 million five-year revolver; $255 million seven-year covenant-light first-lien term loan talked at Libor plus 400 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; fund the acquisition of Asian Compressor Technology Services Co. Ltd. and refinance existing debt; East Granby, Conn., provider of advanced technological solutions to the aerospace and defense industry.

MCAFEE LLC: $324 million incremental covenant-light first-lien term B (B) at Libor plus 450 bps, 1% Libor floor, OID 99.625, 101 soft call through September 2018; Bank of America, Goldman Sachs and UBS; also €150 million incremental covenant-light first-lien term B (B) at Euribor plus 425 bps, 0% floor, 101 soft call through September 2018; fund the acquisition of Skyhigh Networks; Santa Clara, Calif., cybersecurity company.

MISTER CAR WASH: $20 million add-on term loan and repriced term loan talked at Libor plus 325 bps, 1% Libor floor, OID 99.75 on add-on; Jefferies; Tucson, Ariz., car wash company.

NAVITAS MIDSTREAM MIDLAND BASIN LLC: $400 million of credit facilities; Jefferies, Barclays and Credit Suisse; $50 million super-priority revolver; $350 million seven-year first-lien term loan (B3/B+) talked at Libor plus 425 bps to 450 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; repay bank debt, finance the construction of the Glasscock Plant and fund the further build-out of the system; The Woodlands, Texas, natural gas gathering and processing company.

NOMAD FOODS LTD.: $610 million term loan due May 15, 2024 talked at Libor plus 225 bps, 0% Libor floor, 101 soft call for six months; Goldman Sachs (left on U.S.), Credit Suisse (left on euro), UBS and Deutsche Bank; also €500 million term loan due May 15, 2024 talked at Euribor plus 275 bps, 0% floor, 101 soft call for six months; €100 million equivalent U.S. and euro incremental term loan talked at Libor plus 225 bps/Euribor plus 275 bps, 0% floor, OID 99.75, 101 soft call for six months; repricing existing U.S. and euro term loans, and general corporate purposes, including potential future acquisitions; Feltham, England, frozen foods company.

NORTH AMERICAN BANCARD (NAB HOLDINGS LLC): $638 million covenant-light first-lien term loan (B2/B) due June 2024 talked at Libor plus 300 bps, 25 bps step-down at senior secured net leverage of less than 2.75x, 1% Libor floor, 101 soft call for six months; Credit Suisse; refinance existing term loan; Troy, Mich., merchant acquirer for payment processing.

NTHRIVE INC.: $558 million term loan due Oct. 20, 2022 talked at Libor plus 400 bps, 1% Libor floor, 101 soft call for six months; Barclays; repricing; patient to payment provider of revenue cycle management technology and services.

OMNOVA SOLUTIONS INC.: $307 million term B due August 2023 talked at Libor plus 325 bps, 0% Libor floor, 101 soft call for six months; Deutsche Bank; repricing; Beachwood, Ohio, innovator of performance-enhancing chemistries and surfaces for commercial, industrial and residential end uses.

OXBOW CARBON LLC: $750 million in term loans; Bank of America, JPMorgan, PNC, Rabobank and SunTrust; $575 million covenant-light first-lien term loan (B1/BB-) talked at Libor plus 375 bps to 400 bps, 0% Libor floor, OID 99.5, 101 soft call; $175 million covenant-light second-lien term loan (Caa1/B) talked at Libor plus 775 bps to 800 bps, 1% Libor floor, OID 98.5, call protection 103, 102, 101; refinance existing debt; West Palm Beach, Fla., recycler of refinery and natural gas byproducts.

PASHA GROUP: $150 million five-year term loan (BB-) talked at Libor plus 750 bps, 1% Libor floor, OID 97, call protection 105, 102, 101; Bank of America; refinance existing debt; San Rafael, Calif., diversified logistics and transportation services company.

PAYSAFE GROUP PLC: $2.4175 billion in term loans; Credit Suisse, Jefferies, Morgan Stanley, BMO and Deutsche Bank; $1.01 billion seven-year covenant-light first-lien term loan (B1/B) at Libor plus 350 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $957.5 million equivalent euro seven-year covenant-light first-lien term loan (B1/B) at Euribor plus 325 bps, 0% floor, OID 99.5, 101 soft call for six months; $200 million eight-year covenant-light second-lien term loan (Caa1/CCC+) at Libor plus 725 bps, 1% Libor floor, OID 99, call protection 102, 101; $250 million equivalent euro eight-year covenant-light second-lien term loan (Caa1/CCC+) at Euribor plus 700 bps, 0% floor, OID 99, call protection 102, 101; help fund buyout by Blackstone and CVC; Isle of Man-based provider of end-to-end payment solutions.

PRESIDIO INC.: Expected closing Jan. 5; $741.6 million senior secured covenant-light term B (B+) due Feb. 2, 2024 at Libor plus 275 bps, 1% Libor floor, OID 99.75, 101 soft call for six months; Citigroup; amend and extend, and repay notes; New York-based IT infrastructure solutions provider.

RCN GRAND WAVE (RADIATE HOLDCO LLC): $1.575 billion incremental credit facilities (B1/B); UBS, Credit Suisse, Morgan Stanley, Nomura, Goldman Sachs and Bank of America; $150 million incremental revolver; $1.425 billion incremental first-lien term loan due Feb. 1, 2024 at Libor plus 300 bps, 0.75% Libor floor, OID 99, 101 soft call for six months; help fund acquisition of Wave Broadband; cable operator.

REFRESCO: $620 million seven-year covenant-light term B (B+) talked at Libor plus 325 bps to 350 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; JPMorgan on U.S., BNP Paribas, Credit Suisse and JPMorgan on euro; also €1.217 billion seven-year covenant-light term B (B+) talked at Euribor plus 325 bps to 350 bps, 0% floor, OID 99.5, 101 soft call for six months; £200 million seven-year covenant-light term B (B+) talked at Libor plus 400 bps to 425 bps, 0% Libor floor, OID 99.25, 101 soft call for six months; help fund buyout by PAI Partners SAS and British Columbia Investment Management Corp.; Rotterdam, the Netherlands, bottler of beverages.

RESEARCH NOW/SURVEY SAMPLING: $1.045 billion senior secured credit facilities; Goldman Sachs, Bank of America, Jefferies and Citizens; $95 million revolver (B1/B+); $700 million seven-year first-lien term loan (B1/B+) at Libor plus 550 bps, 1% Libor floor, OID 95, 101 hard call; $250 million eight-year second-lien term loan (Caa1/B-) at Libor plus 950 bps, 1% Libor floor, OID 93, non-call one, 102, 101; help fund merger of Research Now and Survey Sampling International; provider of digital data solutions and technology for consumer and business-to-business survey research.

ROYAL OAK ENTERPRISES LLC (OZARK HOLDINGS LLC): $371.5 million term B due July 1, 2023 talked at Libor plus 325 bps, 1% Libor floor, 101 soft call for six months; Barclays and SunTrust; refinance existing term B; Roswell, Ga., maker of charcoal products.

SEQUA CORP.: Expected closings Dec. 12; roughly $918 million senior secured term B (B3/B-/B) due Nov. 28, 2021 at Libor plus 500 bps, 1% Libor floor, 101 soft call for six months; Barclays; repricing; Palm Beach Gardens, Fla., aerospace and diversified industrial company.

SINCLAIR BROADCAST GROUP INC.: $3.725 billion incremental term B (Ba1/BB+) talked at Libor plus 250 bps, 0% Libor floor, OID 99.5 to 99.75; JPMorgan, RBC and Deutsche Bank; help fund acquisition of Tribune Media Co.; Hunt Valley, Md., television broadcasting company.

SUNGARD AVAILABILITY SERVICES: $425 million term B due Oct. 1, 2022 talked at Libor plus 1,000 bps, 1% Libor floor, OID 98 for new money; KKR; extension of term loan from 2019; Wayne, Pa., provider of disaster recovery services, managed IT services, information availability consulting services and business continuity management software.

SWITCH LTD.: $598.5 million covenant-light term B due June 2024 talked at Libor plus 200 bps to 225 bps, 0% Libor floor, 101 soft call for six months; BMO and Wells Fargo; repricing; Las Vegas-based developer and operator of data centers.

TCW GROUP: $675 million credit facilities (Baa3/BB+); JPMorgan; $75 million revolver; $600 million term B talked at Libor plus 225 bps to 250 bps, 1% Libor floor, OID 99.75, 101 soft call for six months; refinance existing debt and fund the purchase by Nippon Life Insurance Co. of a 24.75% minority stake from Carlyle Group; Los Angeles-based asset management firm that specializes in fixed-income, world equity and alternative markets.

TRADESMEN INTERNATIONAL LLC: $90 million incremental first-lien term loan due February 2024 talked at Libor plus 450 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; Deutsche Bank, Macquarie, HSBC, Goldman Sachs and Credit Suisse; acquisition financing; Macedonia, Ohio, agency-based provider of outsourced skilled craftsmen to non-residential construction and industrial contractors.

VICI PROPERTIES INC.: $2.75 billion senior secured credit facilities (Ba3/BB+); Goldman Sachs, Morgan Stanley, Bank of America, Barclays, Citigroup and JPMorgan; $400 million revolver; $2.35 billion seven-year first-lien term loan talked at Libor plus 225 bps to 250 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; help refinance existing first-lien term loan and first-lien notes, repurchase existing mezzanine debt and fund acquisition of Harrah’s Las Vegas Hotel and Casino from Caesars Entertainment Corp.; Las Vegas-based real estate investment trust that owns gaming, hospitality and entertainment destinations.

VIRTU FINANCIAL INC.: $650 million first-lien senior secured term loan (Ba2) talked at Libor plus 325 bps, 1% Libor floor, 101 soft call for six months; JPMorgan; repricing; New York-based technology-enabled market maker and liquidity provider to the financial markets.

VISTRA ENERGY: $3.329 billion in term loans; Deutsche Bank, Barclays, Citigroup, Credit Suisse, Goldman Sachs, RBC, Natixis and UBS; $2.829 billion term B due Aug. 4, 2023 talked at Libor plus 250 bps, 0.75% Libor floor, 101 soft call for six months; $500 million term C due Aug. 4, 2023 due Aug. 4, 2023 talked at Libor plus 250 bps, 0.75% Libor floor, 101 soft call for six months; repricing; Dallas-based power generator and retail electric provider.

WESTERN DENTAL SERVICES (PREMIER DENTAL SERVICES INC.): $352.2 million term B (B3/B-) due June 30, 2023 talked at Libor plus 425 bps, 1% Libor floor, 101 soft call for six months; RBC; repricing; Orange, Calif., dental services organization.

WHEELABRATOR TECHNOLOGIES INC. (GRANIE ACQUISITION INC.): $1.383 billion in term loans; Deutsche Bank and BNP Paribas; $173 million term C (including $125 million Incremental) due December 2021 at Libor plus 350 bps, 1% Libor floor, OID 99.5 on incremental, 101 soft call for six months; $1.21 billion term B due December 2021 at Libor plus 350 bps, 1% Libor floor, 101 soft call for six months; fund letters of credit and reprice existing term loan B and C debt; Hampton, N.H., owner and operator of waste-to-energy facilities and independent power-producing facilities.

WORLDSTRIDES: $460 million in seven-year senior secured term loans (B1/B); Goldman Sachs and BNP Paribas; $425 million term B at Libor plus 400 bps, step-down to Libor plus 375 bps subject to first-lien net leverage 0.5x inside day one closing first-lien net leverage, 1% Libor floor, OID 99.75, 101 soft call for six months; $35 million delayed-draw term B at Libor plus 400 bps, step-down to Libor plus 375 bps subject to first-lien net leverage 0.5x inside day one closing first-lien net leverage, 1% Libor floor, OID 99.75; help fund strategic investment from Eurazeo and Primavera Capital Group; Charlottesville, Va., educational student travel and study abroad organization.

ZENITH ENERGY U.S. LP: $500 million senior secured credit facilities (B2/B+); Barclays, Credit Suisse and HSBC; $50 million five-year revolver; $410 million seven-year term loan talked at Libor plus 525 bps to 550 bps, 25bps step-down upon successful conclusion of the Gulf LNG Holdings Group LLC litigation, 1% Libor floor, OID 99, 101 soft call for six months; $40 million seven-year delayed-draw term loan talked at Libor plus 525 bps to 550 bps, 25bps step-down upon successful conclusion of the Gulf LNG Holdings Group LLC litigation, 1% Libor floor, OID 99; help fund acquisition of Arc Logistics Partners LP; Houston-based liquids and bulk terminaling company.

On The Horizon

ACETATE TOW JOINT VENTURE: $1.605 billion credit facilities; Barclays, Credit Suisse and Deutsche Bank; $65 million senior unsecured revolver; $135 million senior secured revolver; $1.005 billion in senior secured term loans; $400 million senior unsecured term loan; fund a dividend and repay debt in connection with formation of joint venture by Celanese Corp. contribution of Cellulose Derivatives business unit and Blackstone contribution of Rhodia Acetow business; acetate tow supplier.

AMNEAL PHARMACEUTICALS INC.: New debt financing expected at Libor plus 350 bps; JPMorgan and Bank of America; refinance debt in connection with acquisition of Impax Laboratories Inc.; Bridgewater, N.J., generic pharmaceutical manufacturer.

ARAMARK SERVICES: Up to $975 million in term loans; Goldman Sachs and Morgan Stanley; fund acquisition of AmeriPride Services Inc.; Philadelphia-based professional services company.

ARBY’S RESTAURANT GROUP INC.: New debt financing; Barclays; help fund acquisition of Buffalo Wild Wings Inc.; Atlanta-based restaurant chain.

BARRACUDA NETWORKS INC.: New debt financing; Goldman Sachs, Credit Suisse and UBS; help fund buyout by Thoma Bravo LLC; Campbell, Calif., provider of cloud-enabled security and data protection solutions.

CINEWORLD GROUP: New debt financing; Barclays and HSBC; help fund acquisition of Regal Entertainment Group; London-based cinema operator.

CLOVERLEAF COLD STORAGE: New debt financing; Goldman Sachs; help fund recapitalization with majority equity investment by Blackstone; Sioux City, Iowa, cold storage warehousing and food logistics company.

CONCENTRA GROUP HOLDINGS LLC: $795 million in term loans; JPMorgan; $555 million senior secured incremental term loan (B+); $240 million second-lien term loan (B-); fund acquisition of U.S. HealthWorks Inc. from Dignity Health; Addison, Texas, occupational medicine and urgent care service provider.

ICL FIRE SAFETY AND OIL ADDITIVES: New debt financing; Barclays, Goldman Sachs and HSBC; help fund buyout by SK Capital from Israel Chemicals Ltd.; St. Louis-based formulator and manufacturer of fire management chemicals.

KEY SAFETY SYSTEMS: New debt financing; help fund acquisition of substantially all of Takata Corp.’s assets and operations; Sterling Heights, Mich., supplier of advanced engineered safety products for automotive and non-automotive markets.

MARVELL TECHNOLOGY GROUP LTD.: $1.4 billion credit facilities; Goldman Sachs and Bank of America; $900 million term loan; $500 million revolver; help fund acquisition of Cavium Inc.; Hamilton, Bermuda, provider of storage, networking and connectivity solutions.

MEREDITH CORP.: $2.15 billion senior secured credit facilities; RBC, Credit Suisse, Barclays and Citigroup; $350 million five-year revolver expected at Libor plus 300 bps; $1.8 billion seven-year covenant-light term B expected at Libor plus 325 bps, 101 soft call for six months; help fund acquisition of Time Inc. and refinance existing debt; Des Moines, Iowa, media and marketing company.

OWENS & MINOR INC.: $450 million term B; Bank of America; help fund acquisition of the surgical and infection prevention business of Halyard Health Inc.; Mechanicsville, Va., healthcare solutions company.

TTM TECHNOLOGIES INC.: $700 million incremental senior secured covenant-light term B expected at Libor plus 250 bps, 0% Libor floor, 101 soft call for six months; Barclays; help fund acquisition of Anaren Inc. from Veritas Capital; Costa Mesa, Calif.-based printed circuit board manufacturer.

ZAYO GROUP HOLDINGS INC.: New debt financing; help fund acquisition of Spread Networks; Boulder, Colo., provider of communications infrastructure services.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.