Bank Loan Calendar: $85.5534 billion deals being marketed

June Bank Meetings

ALVOGEN PHARMA US INC.: Lender call June 11; $1.014 billion senior secured term B; Morgan Stanley and Jefferies; repricing; developer and manufacturer of generic drugs, and provider of contract manufacturing, development and research services to large branded pharma companies.

DHANANI GROUP INC.: Lender call June 14; $420 million seven-year covenant-light term B, 101 soft call for six months; Wells Fargo; refinance existing debt, help fund proposed tuck-in acquisitions and general corporate purposes; Burger King, Popeyes and La Madeleine franchisee.

MEDPLAST HOLDINGS INC.: Bank meeting June 12; $795 million senior secured credit facilities; RBC, Jefferies, KeyBanc and Citizens; $70 million five-year revolver; $500 million seven-year first-lien term loan; $225 million eight-year second-lien term loan; fund acquisition of Integer Holdings Corp.’s Advanced Surgical and Orthopedics product lines; Tempe, Ariz., services provider to the medical device industry.

NOVOLEX (FLEX ACQUISITION CO. INC.): Bank meeting June 11; $1.3 billion seven-year incremental first-lien term loan (B1/B), 101 soft call for six months; Credit Suisse, JPMorgan, Deutsche Bank, Jefferies, Goldman Sachs, Citigroup and Morgan Stanley; fund acquisition of The Waddington Group from Newell Brands Inc.; Hartsville, S.C., packaging company.

RADIOLOGY PARTNERS INC.: Bank meeting June 12; new senior secured credit facilities; Barclays; refinance existing debt and general corporate purposes; El Segundo, Calif., radiology physician practice management company.

SAVAGE ENTERPRISES LLC: Lender presentation June 12; $1.5 billion senior secured credit facilities; Morgan Stanley, Wells Fargo, PNC and Citigroup; $400 million ABL revolver; $1.1 billion term B; fund purchase of Bartlett and Co.; Salt Lake City-based supply chain provider.

SCREENVISION LLC: Bank meeting June 12; $175 million seven-year covenant-light first-lien term loan, 0% Libor floor, 101 soft call for six months; Deutsche Bank; help fund acquisition of a controlling stake by Abry Partners; New York-based provider of cinema advertising, on-screen advertising, in-lobby promotions and integrated marketing programs.

ST. GEORGE’S UNIVERSITY: $885 million in term loans; Goldman Sachs, Macquarie, Credit Suisse, Morgan Stanley, Deutsche Bank and HSBC; $675 million term B; $210 million delayed-draw term B; refinance existing term B and fund an acquisition; Grenada, West Indies, educational institution providing students with medical degrees as well as veterinary and liberal arts graduate and undergraduate degrees.

UNITED DISTRIBUTION GROUP INC.: Bank meeting June 12; $285 million credit facilities; Barclays; $35 million 4.5-year ABL revolver; $250 million five-year first-lien term loan talked at Libor plus 550 bps, step-up to Libor plus 600 bps if net leverage is 5x and step-down to Libor plus 500 bps if net leverage is less than 4x, 0% Libor floor, OID 98.5, soft call 102, 101; refinance existing debt; Bristol, Tenn., distributor of industrial supplies and services.

Upcoming Closings

ACCESS CIG LLC: $105 million in incremental term loans; Jefferies; $85 million incremental first-lien term loan (B2) due February 2025 talked at Libor plus 375 bps, 0% Libor floor, OID 99.75, 101 soft call until August 2018; $20 million incremental second-lien term loan (Caa2) due February 2026 talked at Libor plus 775 bps, 0% Libor floor, OID 99.5, hard call 102 until February 2019, 101 until February 2020; fund an acquisition; Livermore, Calif., provider of physical and digital records and information management services.

ACRISURE HOLDINGS INC.: $500 million incremental term B (B2/B) due November 2023 at Libor plus 375 bps, 1% Libor floor, OID 99.875, 101 soft call for six months; JPMorgan; fund acquisitions; Caledonia, Mich., insurance brokerage.

ALBERTSONS COS. LLC: $1.5 billion five-year asset-based last-out term loan (Ba2/BB-) at Libor plus 300 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Bank of America, Credit Suisse, Goldman Sachs, Morgan Stanley, Barclays, Deutsche Bank, RBC, Wells Fargo and MUFG; help fund merger with Rite Aid Corp.; Boise, Idaho, food and drug retailer.

ALERIS INTERNATIONAL INC.: Expected closing June 25; $1.1 billion covenant-light first-lien term loan (B3/B-) due February 2023 at Libor plus 475 bps, 0% Libor floor, OID 99, 101 soft call; Deutsche Bank, Credit Suisse, Bank of America, Barclays and JPMorgan; redeem notes; Cleveland-based manufacturer and seller of aluminum rolled products.

ALLIANCE HEALTHCARE SERVICES INC.: $100 million add-on term loan talked at Libor plus 450 bps, 1% Libor floor, OID 99, 101 soft call through October; JPMorgan; fund the acquisition of e+CancerCare from Kohlberg & Co. LLC and refinance existing debt; Irvine, Calif., provider of advanced outpatient diagnostic imaging and radiation therapy service.

ARDENT HEALTH PARTNERS LLC: $990 million credit facilities; Barclays, Jefferies and Bank of America; $225 million five-year ABL revolver; $765 million seven-year first-lien term loan (B1/B) talked at Libor plus 425 bps to 450 bps, 1% Libor floor, OID 99 to 99.5, 101 soft call for six months; help refinance existing debt; Nashville, Tenn., owner and operator of hospitals.

AVAYA INC.: Expected closing June 18; $2.918 billion first-lien term loan (B) due 2024 talked at Libor plus 425 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; JPMorgan; repricing; Santa Clara, Calif., business communications company.

BLACKHAWK NETWORK HOLDINGS INC.: $2.15 billion senior secured credit facilities; Bank of America (left on first-lien), JPMorgan (left on second-lien), Barclays, Citigroup, Goldman Sachs, Wells Fargo, BMO, Deutsche Bank, Fifth Third, MUFG, RBC and SunTrust; $400 million revolver (B1/B); $1.35 billion seven-year covenant-light first-lien term loan (B1/B) at Libor plus 300 bps, 25 bps step down at 4x gross first-lien leverage, 0% Libor floor, OID 99.5, 101 soft call for six months; $400 million eight-year covenant-light second-lien term loan (Caa1/CCC+) at Libor plus 700 bps, 0% Libor floor, OID 99, 101 hard call; help fund buyout by Silver Lake and P2 Capital Partners; Pleasanton, Calif., financial technology company.

BOB’S DISCOUNT FURNITURE LLC: $257 million term B (B2/B) due August 2023 talked at Libor plus 500 bps, 1% Libor floor, OID 99.75; RBC; amendment and extension; Manchester, Conn., retailer of furniture and bedding.

BOWLERO CORP.: $715 million term B (B2/B) due 2024 talked at Libor plus 325 bps to 350 bps, 1% Libor floor, OID 99.875, 101 soft call for six months; JPMorgan; refinance existing term B and add cash to the balance sheet; New York-based operator of bowling centers.

CELESTICA INC.: $350 million seven-year covenant-light term B (Ba1/BB+) talked at Libor plus 225 bps to 250 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; Bank of America and Citigroup; repay existing credit facilities; Toronto-based designer and manufacture of electronic components.

CONDUENT BUSINESS SERVICES LLC: Expected closing late June; $2.318 billion credit facilities; Citigroup; $750 million revolver due Dec. 7, 2022 talked at Libor plus 175 bps; $728 million term A (of which $314 million is denominated in euros) due Dec. 7, 2022 talked at Libor/Euribor plus 175 bps; $840 million term B due Dec. 7, 2023 talked at Libor plus 225 bps to 250 bps, 0% Libor floor, 101 soft call for six months; repricing and extension of revolver and term A; Florham Park, N.J., provider of business process services with expertise in transaction-intensive processing, analytics and automation.

CPG INTERNATIONAL LLC: Expected closing mid-June; $225 million incremental senior secured first-lien term loan (B2) due May 5, 2024 at Libor plus 375 bps, 1% Libor floor, OID 99.75, 101 soft call for six months; Jefferies; fund acquisition of Versatex; Skokie, Ill., manufacturer of highly engineered low-maintenance building materials.

DAYCO PRODUCTS LLC: $470 million covenant-light term loan B (B2/B) due May 19, 2023 talked at Libor plus 425 bps to 450 bps, 0% Libor floor, 101 soft call for six months; Bank of America; refinance existing term B; Troy, Mich., manufacturer of highly engineered engine management systems.

DIAMOND RESORTS INTERNATIONAL INC.: $890 million term B (B1/B+) due Sept. 2, 2023 talked at Libor plus 375 bps, 1% Libor floor, 101 soft call for six months; RBC, Apollo and Barclays; repricing; Las Vegas-based hospitality and vacation ownership company.

DMT SOLUTIONS GLOBAL CORP.: $260 million seven-year covenant-light first-lien term loan (B3/B-) talked at Libor plus 575 bps to 600 bps, 0% Libor floor, OID 99, 101 soft call; Deutsche Bank, Bank of America, Goldman Sachs and KeyBanc; help fund buyout by Platinum Equity from Pitney Bowes Inc.; provider of global enterprise solutions for mail inserting, parcel sorting and printing equipment and services.

ELECTRICAL COMPONENTS INTERNATIONAL INC.: $795 million credit facilities; Barclays, Credit Suisse, Goldman Sachs, RBC, Bank of America and Jefferies; $100 million five-year revolver (B1/B); $570 million seven-year first-lien term loan (B1/B) talked at Libor plus 375 bps to 400 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $125 million eight-year second-lien term loan (Caa1/CCC+) talked at Libor plus 775 bps to 800 bps, 0% Libor floor, OID 99, call protection 102, 101; help fund buyout by Cerberus Capital Management LP from KPS Capital Partners LP; St. Louis-based manufacturer of wire harnesses, control boxes, and value-added assembly services for consumer appliance and specialty-industrial applications.

ENDURANCE INTERNATIONAL GROUP INC. (EIG INVESTORS CORP.): $1.58 billion first-lien term loan due February 2023 talked at Libor plus 325 bps, 1% Libor floor, 101 soft call for six months; Credit Suisse; repricing; Burlington, Mass., provider of web hosting services.

EPIC Y-GRADE SERVICES LP: $690 million credit facilities; UBS and Deutsche Bank; $40 million five-year super-priority revolver (Ba3); $650 million seven-year term B (B3/B) at Libor plus 550 bps, 0% Libor floor, OID 98, call protection 102, 101; fund buildout of EPIC Y-Grade Pipeline from the Permian and Eagle Ford Basins to Corpus Christi, Texas.

EVO PAYMENTS INTERNATIONAL: Expected closing mid-June; $659.6 million senior secured covenant-light term B (B2/B) due December 2023 at Libor plus 325 bps, 25 bps step-down upon achievement of B1/B+ corporate ratings, 0% Libor floor, 101 soft call for six months; Citigroup; repricing; Atlanta-based payments processor and acquirer for merchants, independent sales organizations, financial institutions, government organizations and multinational corporations.

EXELA INTERMEDIATE LLC: $346 million term B (B3/B) talked at Libor plus 650 bps, 1% Libor floor, 101 soft call for six months; RBC; repricing; Irving, Texas, business process automation company.

FIRSTLIGHT FIBER (FLIGHT BIDCO INC.): $520 million credit facilities; UBS, TD Securities, Jefferies, Credit Agricole, Natixis and RBC; $55 million five-year revolver (B2/B-); $375 million seven-year first-lien term B (B2/B-) talked at Libor plus 350 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $90 million eight-year second-lien term loan (Caa2/CCC) talked at Libor plus 750 bps, 0% Libor floor, OID 99, call protection 102, 101; help fund buyout by Antin Infrastructure Partners from Oak Hill Capital Partners IV; Albany, N.Y., fiber-optic bandwidth infrastructure services provider.

FLYNN RESTAURANT GROUP LP: $500 million in term loans; Bank of America; $400 million seven-year covenant-light first-lien term loan (B2/B) talked at Libor plus 325 bps area, 0% Libor floor, OID 99.5, 101 soft call for six months; $100 million eight-year covenant-light second-lien term loan (Caa2/CCC+) talked at Libor plus 675 bps to 700 bps, 0% Libor floor, OID 99, call protection 102, 101; refinance existing credit facilities at Bell American and Pan American into a combined structure, repay subordinated debt, and fund cash to the balance sheet for future acquisitions and general corporate purposes; San Francisco-based restaurant franchisee operator.

FORTRESS INVESTMENT GROUP (FINCO I LLC): Expected closing June 28; $1.2 billion covenant-light term B (Baa3/BB/BB) due Dec. 27, 2022 at Libor plus 200 bps, 0% Libor floor, 101 soft call for six months; Deutsche Bank; repricing; New York-based alternative asset management firm.

FUSION: $680 million credit facilities; Goldman Sachs, Morgan Stanley and MUFG; $40 million revolver (B3/B); $45 million four-year first-lien term A (B3/B) at Libor plus 500 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $510 million five-year first-lien term B (B3/B) at Libor plus 750 bps, 1% Libor floor, OID 96, non-call one year, then 101 soft call for months 13 through 24; $85 million 5.5-year second-lien term loan (Caa2/CCC+) at Libor plus 1,050 bps, 1% Libor floor, OID 96, non-call for 18 months, then at 104 for months 19 through 24 and 102 for months 25 through 36; refinance debt in connection with the all-stock merger of Fusion and the Cloud and Business Services customers, operations and infrastructure of Birch Communications; New York-based cloud services provider.

GGP INC.: $7 billion senior secured credit facilities (Ba3); Morgan Stanley, Wells Fargo, Deutsche Bank, RBC, Bank of America, Barclays, HSBC, Sumitomo Mitsui and TD Securities; $1.5 billion revolver; $1.5 billion term A-1; $2 billion term A-2; $2 billion seven-year covenant-light term B at Libor plus 250 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; fund acquisition of all outstanding shares of common stock by Brookfield Property Partners LP; Chicago-based owner, manager, leaser and redeveloper of high-quality retail properties.

GOODPACK (IBC CAPITAL LTD.): Expected closing late June; $765 million in senior secured term loans; Morgan Stanley (left on first-lien), Credit Suisse (left on second-lien), KKR and Goldman Sachs; $610 million five-year covenant-light first-lien term B (B) at Libor plus 375 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; $155 million six-year covenant-light second-lien term loan (CCC+) at Libor plus 700 bps, 0% Libor floor, OID 99.5, 101 hard call; refinance existing debt and pay down revolver borrowings; Singapore-based operator of a fleet of nestable and collapsible intermediate bulk containers.

GRAFTECH INTERNATIONAL LTD.: $350 million add-on term B talked at Libor plus 350 bps, 1% Libor floor, OID 99 to 99.5, 101 soft call through Feb. 12, 2019; JPMorgan; refinance existing promissory note to Brookfield Capital Partners; Brooklyn Heights, Ohio, manufacturer of graphite electrode products essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals.

HARSCO CORP.: $545 million senior secured term loan due December 2024 talked at Libor plus 225 bps to 250 bps, 1% Libor floor, 101 soft call for six months; Goldman Sachs, Citigroup, HSBC, Bank of America, RBC, U.S. Bank and KeyBanc; repricing; Camp Hill, Pa., diversified industrial company providing a range of onsite services and engineered products to the global steel, energy and railway sectors.

HEARTHSIDE FOOD SOLUTIONS: $1.295 billion credit facilities (B2/B); Goldman Sachs, Barclays, Nomura, Antares, Credit Suisse, RBC and Jefferies; $150 million revolver; $1.145 billion seven-year senior secured first-lien term loan at Libor plus 300 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; help fund buyout by Charlesbank Capital Partners and Partners Group from Goldman Sachs and Vestar Capital Partners; Downers Grove, Ill., bakery, nutrition bar, snack and customized solutions contract manufacturer for packaged food products.

HFOTCO LLC: $600 million seven-year covenant-light term B (Ba3/BB-) talked at Libor plus 275 bps to 300 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; TD Securities and Wells Fargo; refinance existing bank debt; operator of a marine terminal located on the Houston Ship Channel that provides crude oil and petroleum products storage services.

HUNTERSTOWN GENERATION (KESTREL ACQUISITION LLC): $440 million senior secured credit facilities (Ba3/BB); Morgan Stanley and Goldman Sachs; $40 million five-year revolver; $400 million seven-year term B at Libor plus 425 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; fund acquisition by Platinum Equity from GenOn Energy; 810 MW natural gas-fired combined cycle power plant located in Gettysburg, Pa.

INSTALLED BUILDING PRODUCTS INC.: Expected closing June 14; $398 million covenant-light term B (including $100 million incremental) (B1) due April 15, 2025 talked at Libor plus 225 bps, 1% Libor floor, upfront fee 12.5 bps, 101 soft call for six months; RBC, Jefferies and SunTrust; fund future acquisitions, and repricing and extension; Columbus, Ohio, installer of insulation products.

ION TRADING FINANCE LTD.: $2.1 billion equivalent senior secured incremental covenant-light first-lien term loan ($1.32 billion U.S. and €670 million euro) (B) at Libor plus 400 bps/Euribor plus 325 bps, 1% floor, OID 99.75, 101 soft call for six months; UBS; help fund acquisition of Fidessa Group plc; also increasing pricing on existing term loans to match incremental pricing; software provider of trading, treasury and workflow solutions.

IQVIA INC.: $850 million seven-year term B (Ba1/BBB-) at Libor plus 175 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; JPMorgan; also €583 million seven-year term B (Ba1/BBB-) at Euribor plus 200 bps, 0.5% floor, OID 99.75, 101 soft call for six months; pay down revolver borrowings and general corporate purposes; information and technology-enabled health care service provider.

KIK CUSTOM PRODUCTS INC. (KRONOS ACQUISITION HOLDINGS INC.): $100 million add-on term B due May 15, 2023 talked at Libor plus 400 bps, 1% Libor floor, OID 99.5 to 99.75; Nomura, Macquarie and SunTrust; repay ABL credit facility borrowings; Concord, Ont., manufacturer of consumer products.

KINDRED AT HOME: $2.675 billion in term loans; JPMorgan, Morgan Stanley, Citigroup, Goldman Sachs, Bank of America, Capital One, RBC and Wells Fargo; $1.35 billion seven-year first-lien term loan (B1/B) talked at Libor plus 325 bps to 350 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $850 million seven-year first-lien delayed-draw term loan (B1/B) talked at Libor plus 325 bps to 350 bps, 0% Libor floor, OID 99.5; $475 million eight-year second-lien term loan (Caa1/CCC+) talked at Libor plus 725 bps to 750 bps, 0% Libor floor, OID 99, call protection 102, 101; help fund buyout by TPG Capital, Welsh, Carson, Anderson & Stowe and Humana Inc., and subsequent acquisition/merger with Curo Health Services; home health, hospice and community care company.

KINDRED HEALTHCARE: $860 million credit facilities; JPMorgan, Morgan Stanley, Citigroup, Goldman Sachs, Bank of America, Capital One, RBC and Wells Fargo; $410 million seven-year term B (B3/B+) talked at Libor plus 425 bps to 450 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $450 million asset-based loan facility; help fund buyout by TPG Capital and Welsh, Carson, Anderson & Stowe; specialty hospital company.

L&W INC. (AUTOKINITON US HOLDINGS INC.): $525 million credit facilities; Goldman Sachs, Bank of America, Barclays, RBC and KKR; $75 million ABL revolver; $450 million seven-year first-lien term loan (B2/B+) at Libor plus 400 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; help fund buyout by KPS Capital Partners LP; New Boston, Mich., automotive supplier specializing in hot and cold metal stampings and welded assemblies.

LAIRD PLC: $1.026 billion credit facilities; Goldman Sachs, Citigroup, Bank of America, HSBC, Lloyds and NatWest; $133 million revolver (B2/B); $750 million seven-year first-lien term loan (B2/B) at Libor plus 450 bps, 0% Libor floor, OID 97, 101 soft call; $143 million privately placed second-lien term loan; help fund buyout by Advent International Corp.; London-based provider of products and technology solutions used in network infrastructure, wireless connectivity, displays and industrial controls.

LIFESCAN GLOBAL CORP.: $1.75 billion in term loans; Bank of America, Deutsche Bank, Goldman Sachs, Jefferies, Credit Suisse, Barclays and RBC; $1.4 billion six-year covenant-light first-lien term loan (B1/B+) at Libor plus 600 bps, 0% Libor floor, OID 97, 101 soft call; $350 million seven-year covenant-light second-lien term loan (Caa1/B) at Libor plus 950 bps, 0% Libor floor, OID 96, non-call one, 102, 101; fund buyout by Platinum Equity from Johnson & Johnson; marketer of blood glucose monitoring products with headquarters in Chesterbrook, Pa., and Zug, Switzerland.

MHS HOLDINGS INC.: $120 million add-on term B due May 1, 2024 talked at Libor plus 500 bps, 1% Libor floor, OID 99.5, 101 soft call through Nov. 15, 2018; RBC; fund an acquisition; Louisville, Ky., provider of e-commerce infrastructure.

MINIMAX: €1.206 billion equivalent credit facilities (B1/B+); Deutsche Bank, Commerzbank and Unicredit; €40 million six-year revolver; €150 million six-year guarantee line; €514 million seven-year covenant-light term B talked at Euribor plus 325 bps, 0% floor, OID 99.5; €502 million equivalent U.S. dollar seven-year covenant-light term B talked at Libor plus 300 bps, 0.75% Libor floor, OID 99.5; refinance existing term loans and fund a distribution to direct shareholder MV Holding to fund a share buyback; Germany-based fire protection company.

NATIONAL CINEMEDIA LLC: $270 million seven-year term B (Ba3/B+) talked at Libor plus 300 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; JPMorgan; refinance existing term loan; Centennial, Colo., integrated media company.

NEXT LEVEL APPAREL (YS GARMENTS INC.): $380 million credit facilities (B2/B); BNP Paribas; $50 million revolver; $330 million term loan talked at Libor plus 400 bps to 425 bps, 1% Libor floor, OID 99; help fund buyout by Blue Point Capital Partners; Gardena, Calif., apparel company.

NOMAD FOODS LTD.: $300 million incremental first-lien term loan due May 2024 talked at Libor plus 225 bps, 0% Libor floor, OID 99.5, 101 soft call through June 20, 2018; Credit Suisse, Goldman Sachs, Deutsche Bank and UBS; help fund the acquisition of Aunt Bessie’s Ltd. from William Jackson & Son Ltd. and general corporate purposes; U.K.-based frozen foods company.

NORTHSTAR FINANCIAL SERVICES GROUP LLC: $405 million in term loans; Antares, Macquarie and Citizens; $290 million first-lien term loan (B2/B+) at Libor plus 350 bps, 0.75% Libor floor, OID 99.5, 101 soft call for six months; $115 million second-lien term loan (Caa2/CCC+) at Libor plus 750 bps, 0.75% Libor floor, OID 99.5, call protection 102, 101; fund acquisition of FTJ FundChoice LLC; financial services company.

OECONNECTION LLC: $300 million term loan talked at Libor plus 350 bps, 1% Libor floor; Antares; amendment and repricing; Richfield, Ohio, provider of SaaS solutions that help drive genuine OE parts sales and services across the automotive system.

OPTION CARE (HC GROUP HOLDINGS III INC.): $404 million covenant-light term B (B2/B-) due April 7, 2022 at Libor plus 375 bps, 0% Libor floor, 101 soft call for six months; Bank of America; refinance existing term B; provider of home and alternate treatment site infusion therapy services.

ORTHO-CLINICAL DIAGNOSTICS: $2.675 billion credit facilities (B1/B-); Barclays, Goldman Sachs, JPMorgan, ING, UBS, Credit Suisse, Citigroup, Macquarie, RBS, Bank of Ireland and Nomura; $350 million five-year revolver; $2.325 billion seven-year term B at Libor plus 325 bps, 25 bps step-down upon a qualified IPO and 25 bps step-down upon 3.75x first-lien net leverage, 0% Libor floor, OID 99.75, 101 soft call for six months; refinance existing credit facilities; Raritan, N.J., provider of in-vitro diagnostics solutions for screening, diagnosing and monitoring diseases.

PAYSAFE: Roughly $800 million equivalent incremental term loans (B2/B); Credit Suisse; $530 million incremental term loan due January 2025 at Libor plus 350 bps, 1% Libor floor, OID 99.25, 101 soft call through July 3, 2018; €230 million incremental term loan due January 2025 at Euribor plus 325 bps, 0% floor, OID 99.25, 101 soft call through July 3, 2018; help fund acquisition of iPayment Holdings Inc.; Isle of Man-based provider of end-to-end payment solutions.

PLANTRONICS: Expected closing July 2; $1.375 billion secured credit facilities (Ba1/BB); Wells Fargo; $100 million revolver; $1.275 billion seven-year covenant-light term B at Libor plus 250 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; help fund acquisition of Polycom, refinance existing debt and general corporate purposes; Santa Cruz, Calif., audio communications company.

POWERSCHOOL GROUP LLC: $1.26 billion credit facilities; Barclays (left on first-lien), Credit Suisse (left on second-lien), Macquarie, Ares, Golub and Jefferies; $120 million five-year revolver (B2/B-); $775 million seven-year first-lien term loan (B2/B-) talked at Libor plus 325 bps to 350 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $365 million eight-year second-lien term (Caa2/CCC) loan talked at Libor plus 675 bps to 700 bps, 0% Libor floor, OID 99, call protection 102, 101; help fund buyout by Onex Corp. and Vista Equity Partners; Folsom, Calif., education technology platform for K-12 schools.

REECE GROUP: $1.14 billion seven-year term B (Ba1/BB+) at Libor plus 200 bps, 0% Libor floor, OID 99.75, 101 soft call; JPMorgan; help fund acquisition of Morsco from Advent International; Australia-based provider of plumbing, HVAC and waterworks products.

RODAN & FIELDS LLC: Expected closing mid-June; $800 million senior secured credit facilities (B1/BB); Citigroup, Bank of America, JPMorgan, Deutsche Bank, Citizens and MUFG; $200 million five-year revolver; $600 million seven-year covenant-light term B at Libor plus 400 bps, 0% Libor floor, OID 99, 101 soft call; refinance existing credit facilities and pay a dividend to shareholders; San Francisco-based producer of skincare products.

RPX CORP.: $260 million senior secured credit facilities (B3/B+); Jefferies; $20 million five-year revolver at Libor plus 600 bps; $240 million six-year term loan at Libor plus 600 bps, OID 99, 101 soft call; help fund buyout by HGGC; San Francisco-based provider of patent risk and discovery management solutions.

SOLENIS LLC: $1.85 billion equivalent senior secured credit facilities; Citigroup (left on first-lien), Bank of America (left on second-lien), Credit Suisse, Deutsche Bank, Natixis, RBC, Macquarie and ING; $200 million five-year multi-currency revolver (B2/B-); $700 million seven-year covenant-light first-lien term loan (B2/B-) talked at Libor plus 350 bps, 25 bps step-up if the combination with BASF Paper & Water doesn’t close and first-lien leverage is more than 4.75x, 0% Libor floor, OID 99.5, 101 soft call for six months; €475 million eight-year covenant-light first-lien term loan (B2/B-) talked at Euribor plus 350 bps, 25 bps step-up if the combination with BASF Paper & Water doesn’t close and first-lien leverage is more than 4.75x, 0.5% floor, OID 99.5, 101 soft call for six months; $400 million covenant-light second-lien term loan (Caa1/CCC+) talked at Libor plus 750 bps, 25 bps step-up if the combination with BASF Paper & Water doesn’t close and secured leverage is more than 5.75x, 0% Libor floor, OID 99, call protection 102, 101; refinance existing credit facilities in preparation for combination with BASF’s paper and water chemicals business; Wilmington, Del., producer of specialty chemicals for water intensive industries.

SOUND INPATIENT PHYSICIANS HOLDINGS LLC: $835 million credit facilities; Goldman Sachs (left on first-lien), Jefferies (left on second-lien), Credit Suisse and Nomura; $75 million revolver (Ba3/B); $545 million seven-year first-lien term loan (Ba3/B) talked at Libor plus 300 bps to 325 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $215 million eight-year second-lien term loan (B3/CCC+) talked at Libor plus 700 bps to 725 bps, 0% Libor floor, OID 99, call protection 102, 101; help fund buyout by Summit Partners and OptumHealth Holdings from Fresenius Medical Care; provider of hospital medicine and services across the acute episode of care.

SPRINGS WINDOW FASHIONS (SIWF HOLDINGS INC.): Expected closing mid-June; $1.27 billion credit facilities; Barclays, Deutsche Bank and Nomura; $125 million five-year ABL revolver; $860 million seven-year first-lien term loan (B1/B) at Libor plus 425 bps, 0% Libor floor, OID 99, 101 soft call; $285 million eight-year second-lien term loan (Caa1/CCC+) at Libor plus 850 bps, 0% Libor floor, OID 95, call protection 103, 102, 101; help fund buyout by AEA Investors LP and British Columbia Investment Management Corp. from Golden Gate Capital; Middleton, Wis., manufacturer and seller of custom and stock window coverings and drapery hardware.

SRS DISTRIBUTION INC.: $1.73 billion credit facilities; Bank of America, Barclays, UBS, Credit Suisse, Goldman Sachs, Nomura and RBC; $400 million ABL revolver; $1.33 billion seven-year covenant-light term B (B3/B) at Libor plus 325 bps, 25 bps step-down at 0.5x inside closing net first-lien leverage, 0% Libor floor, OID 99.75, 101 soft call for six months; help fund buyout by Leonard Green & Partners LP from Berkshire Partners; McKinney, Texas, roofing products distributor.

STANDARD MEDIA GROUP LLC: $350 million senior secured credit facilities; RBC, Capital One and Citizens; $15 million revolver; $245 million seven-year first-lien term loan (B+/BB) talked at Libor plus 400 bps, 1% Libor floor, OID 99.5, 101 soft call for six months; $90 million eight-year second-lien term loan (CCC+/CCC+) talked at Libor plus 825 bps, 1% Libor floor, OID 99, call protection 102, 101; help fund acquisition of nine television stations from Sinclair Broadcast Group Inc.; broadcast television company.

TENNECO: $4.9 billion credit facilities (Ba2/BB/BB+); JPMorgan and Barclays; $1.5 billion five-year revolver; $1.6 billion five-year term A; $1.8 billion seven-year term B talked at Libor plus 225 bps to 250 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; help fund acquisition of Federal-Mogul from Icahn Enterprises LP and refinance existing debt; Lake Forest, Ill., designer, manufacturer and marketer of ride performance and clean air products and systems for automotive and commercial vehicle original equipment markets and the aftermarket.

TKC HOLDINGS INC.: Roughly $1.28 billion first-lien term loan talked at Libor plus 375 bps, 1% Libor floor, 101 soft call for six months; Jefferies; repricing; 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.

TRANSUNION LLC: $1.8 billion in term loans (Ba2/BB+); Deutsche Bank, RBC, Bank of America and Capital One; $800 million term A due August 2022 at Libor plus 175 bps, 0% Libor floor, OID 99.75; $1 billion seven-year covenant-light term B-3 at Libor plus 200 bps, 0% Libor floor, OID 99.75, 101 soft call for six months; fund acquisitions of Callcredit Information Group Ltd., iovation and Healthcare Payment Specialists; Chicago-based provider of information management and risk management services.

UBER TECHNOLOGIES INC.: Expected closing June 11 week; $1.1328 billion senior secured covenant-light term B due July 13, 2023 at Libor plus 350 bps, 0% Libor floor, 101 soft call for six months; Morgan Stanley, Bank of America, Barclays, Citigroup, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan, RBC and SunTrust; repricing; San Francisco-based online transportation network company.

US FOODS INC.: Expected closing June 22; $2.162 billion senior secured covenant-light term B due June 27, 2023 talked at Libor plus 200 bps to 225 bps, 0% Libor floor, 101 soft call for six months; Citigroup, KKR, Deutsche Bank, BMO, Goldman Sachs, ING, JPMorgan, Morgan Stanley, Natixis, Rabobank, Wells Fargo and Bank of America; repricing; Chicago-based broadline foodservice distributor.

VANTIV LLC: $6.505 billion in term loans (Ba2/BBB-); Morgan Stanley; roughly $3.3 billion term A-5 due Jan. 16, 2023 talked at Libor plus 175 bps, 0% Libor floor; $650 million equivalent GBP term A-6 due Jan. 16, 2023 talked at Libor plus 175 bps, 0% Libor floor; $755 million covenant-light term B-3 due Oct. 14, 2023 talked at Libor plus 175 bps, 0% Libor floor, 101 soft call for six months; talked at Libor plus 175 bps, 0% Libor floor, 101 soft call for six months; repricing; payments technology company.

VERTAFORE INC.: Expected closing July 2; $2.365 billion credit facilities; Nomura, Guggenheim and Macquarie; $100 million five-year revolver (B2/B-); $1.6 billion seven-year first-lien term B (B2/B-) at Libor plus 325 bps, 0% Libor floor, OID 99.5, 101 soft call for six months; $665 million eight-year second-lien term loan (Caa2/CCC) at Libor plus 725 bps, 0% Libor floor, OID 99, call protection 102, 101; refinance existing debt and fund a distribution to shareholders; Bothell, Wash., provider of software and information to the insurance distribution channel.

VERTEX AEROSPACE SERVICES CORP.: $330 million first-lien seven-year covenant-light term B (B2/B) talked at Libor plus 450 bps to 475 bps, 0% Libor floor, OID 99, 101 soft call for six months; Morgan Stanley, RBC and Deutsche Bank; help fund buyout by American Industrial Partners from L3 Technologies; provider of aviation logistics services, supply chain management, and maintenance, repair and overhaul services.

VIVID SEATS LLC: $80 million incremental first-lien term loan due June 30, 2024 talked at Libor plus 350 bps, 1% Libor floor, OID 99.5; 101 soft call for six months; Barclays; repay some second-lien term loan borrowings; Chicago-based secondary ticket marketplace for live sports, concerts and theater events.

YAK MAT LLC: $850 million in term loans; JPMorgan (left on first-lien), Bank of America (left on second-lien), Deutsche Bank, Goldman Sachs, Citigroup and Nomura; $650 million first-lien term B (B2/B) due 2025 talked at Libor plus 375 bps to 400 bps, 0% Libor floor, OID 99, 101 soft call for six months; $200 million second-lien term loan (Caa1/CCC+) due 2026 talked at Libor plus 775 bps to 800 bps, 0% Libor floor, OID 98.5, call protection 102, 101; fund acquisition of a 50.1% stake by Platinum Equity; East Columbia, Miss., specialty equipment leasing and logistics company focused on temporary access solutions to remote construction sites and energy infrastructure.

On The Horizon

8POINT3 ENERGY PARTNERS LP: $1.16 billion in loans; MUFG, Massachusetts Mutual, KeyBanc and Commonwealth Bank of Australia; $1.1 billion term loan; up to $60 million letter of credit facility; help fund acquisition by Capital Dynamics Inc.; San Jose, Calif.-based owner, operator and acquirer of solar energy generation projects.

ALTRA INDUSTRIAL MOTION CORP.: $1.64 billion senior secured credit facilities; Goldman Sachs; $300 million revolver; $1.34 billion in term loans; help fund combination with four operating companies from Fortive’s Automation and Specialty platform; Braintree, Mass., designer, producer and marketer of a wide range of electromechanical power transmission and motion-control products.

BMC SOFTWARE: New debt financing; Credit Suisse, Goldman Sachs, Jefferies, Macquarie and Mizuho; help fund buyout by KKR from investor group led by Bain Capital Private Equity and Golden Gate Capital; Houston-based provider of software solutions for the digital enterprise.

CISCO SERVICE PROVIDER VIDEO SOFTWARE SOLUTIONS: New debt financing; Bank of America; help fund buyout by Permira; developer and deliverer of video solutions for the Pay-TV industry.

COHU INC.: $350 million seven-year senior secured term B; Deutsche Bank; help fund acquisition of Xcerra Corp.; Poway, Calif., supplier of semiconductor test and inspection handlers, micro-electro mechanical system test modules, test contactors and thermal sub-systems.

DANA INC.: $250 million incremental term A; Credit Suisse, Barclays, and Citigroup; help fund acquisition of the Driveline division of GKN plc to create Dana plc; supplier of drivetrain, sealing and thermal-management technologies.

DEL FRISCO’S RESTAURANT GROUP INC.: $440 million senior secured credit facilities; JPMorgan and Citizens; $50 million revolver; $390 million term loan; fund acquisition of Barteca Restaurant Group; Irving, Texas, restaurant company.

ENERGIZER HOLDINGS INC.: $1.75 billion senior secured credit facilities; JPMorgan and Barclays; $400 million revolver; $200 million term A; $1.15 billion term B; help fund acquisition of Spectrum Brands’ Global Battery and Portable Lighting Business, refinance existing credit facility and provide working capital; St. Louis-based manufacturer of primary batteries and portable lighting products.

FINANCIAL ENGINES: $2.055 billion credit facilities; Morgan Stanley, JPMorgan, Barclays, Deutsche Bank and UBS; $150 million revolver; $1.41 billion in first-lien term loans; $495 million second-lien term loan; help fund buyout by Hellman & Friedman and combination with Edelman Financial Services; Sunnyvale, Calif., independent investment advisor.

HALO BRANDED SOLUTIONS: New debt financing; Antares; help fund buyout by TPG Growth; Sterling, Ill., marketing services platform that distributes promotional products and provides employee recognition services.

LUMENTUM HOLDINGS INC.: $550 million seven-year senior secured covenant-light term B expected at Libor plus 250 bps, 25 bps step-down at 0.5 times inside closing first-lien net leverage, 0% Libor floor, OID 99.5, 101 soft call for six months; Deutsche Bank; help fund acquisition of Oclaro Inc.; Milpitas, Calif., provider of photonics products for optical networking and lasers for industrial and consumer 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.

MGM GROWTH PROPERTIES LLC: New debt financing; help fund acquisition of Hard Rock Rocksino Northfield Park from Milstein Entertainment LLC; Las Vegas-based real estate investment trust engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts.

MITEL: $1.48 billion senior secured credit facilities; Credit Suisse, BMO and TD Securities; $100 million revolver; $1.02 billion first-lien term loan; $360 million second-lien term loan; help fund buyout by Searchlight Capital Partners LP; Ottawa-based provider of communications software solutions.

PCI GAMING AUTHORITY (WIND CREEK HOSPITALITY): New debt financing; Credit Suisse; help fund acquisition of Sands Casino Resort in Bethlehem, Pa., from Las Vegas Sands Corp.; owner and operator of gaming and entertainment facilities.

PENN NATIONAL GAMING INC.: $1.14 billion in incremental senior secured term loans; Bank of America, Goldman Sachs, Fifth Third, U.S. Bank, Wells Fargo, Citizens, SunTrust and TD Securities; $387.2 million incremental term A; $752.8 million incremental term B; help fund acquisition of Pinnacle Entertainment Inc.; Wyomissing, Pa., owner and manager of gaming and racing facilities and video gaming terminal operations.

POLARIS INDUSTRIES INC.: Bank debt; help fund acquisition of Boat Holdings LLC; Medina, Minn., powersports company.

SI GROUP: New debt financing; JPMorgan, HSBC, Deutsche Bank and Bank of America; help fund buyout by SK Capital Partners from descendants of W. Howard Wright and combination with Addivant; Schenectady, N.Y., developer and manufacturer of performance additives and intermediates.

STARS GROUP INC.: $5.5 billion credit facilities; Deutsche Bank, Goldman Sachs, Macquarie and Morgan Stanley; help fund acquisition of Sky Betting & Gaming from CVC Capital Partners and Sky plc, and refinance debt; Toronto-based provider of technology-based products and services in the gaming and interactive entertainment industries.

THOMSON REUTERS’ FINANCIAL & RISK: New debt financing; JPMorgan, Bank of America and Citigroup; help fund acquisition of a 55% stake by Blackstone, Canada Pension Plan Investment Board and GIC; data and financial technology platform.

T-MOBILE USA INC.: $11 billion senior secured credit facilities; Barclays, Credit Suisse, Deutsche Bank, Goldman Sachs, Morgan Stanley, RBC, BNP Paribas, Commerzbank, Credit Agricole, TD Securities and Wells Fargo on revolver; Barclays, Credit Suisse, Deutsche Bank, Goldman Sachs, Morgan Stanley and RBC on term loan; $4 billion five-year revolver expected at Libor plus 125 bps, 0% Libor floor; $7 billion seven-year covenant-light term loan expected at Libor plus 175 bps, 0% Libor floor, 101 soft call for six months; refinance existing debt in connection with merger with Sprint Corp. and fund working capital needs; Bellevue, Wash., communications services company.

VERIFONE SYSTEMS INC.: $2.2 billion senior secured credit facilities; Credit Suisse, Barclays and RBC; $250 million revolver; $1.95 billion term loan; help fund buyout by investor group led Francisco Partners; San Jose, Calif., company that makes secure electronic payment equipment.

VETS FIRST CORP.: New debt financing; fund a special dividend in connection with spinoff of animal health business from Henry Schein Inc. and merger with Vets First Choice; animal health service and technology platform dedicated to supporting the veterinary market.

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