LENDER(S) & ROLE
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BORROWER / INDUSTRY
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AMOUNT*
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STRUCTURE & NOTES
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QIV 2003 Transactions
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J.P. Morgan/Citigroup
Co-Lead
|
DS Waters Enterprises
Provider, Bottled Water Delivery
|
$550.0
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Revolver/Term Loan
Used to fund joint venture (Group Danone & Suntory Limited)
|
J.P. Morgan Securities/Morgan Stanley Fdg
Co-Agents
|
Nextel Partners, Inc.
Provider/Wireless Telecom
|
$475.0
|
$100MM Revolver/$375MM Term Loan
Six/seven-year; replaced existing credit facility
|
Ableco Finance
Lead
|
Solutia, Inc.
Producer/Chemical Products
|
$350.0
|
Revolver
Three-year term; participants include Wells Fargo Foothill & Congress Financial
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Wachovia Bank
Lead
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Winn-Dixie Stores, Inc.
Retail/Grocery Store Chain
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$300.0
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Revolver
Three-year term; replaces 364 day & five-year facility; Congress Financial (coll agent)
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RBC Capital Markets
Lead Arranger
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Methanex Corporation
Producer/Methanol Products
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$250.0
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Revolver
Three-year term; replaces existing facility
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UBS Securities/J.P. Morgan Securities
Joint-Lead Arrangers
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SOLA International, Inc.
Manufacturer/Eyeglass Lenses
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$225.0
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$50MM Revolver/$175MM Term Loan
Six-year/Five-year term; Union Bank of California (admin agent)
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Fleet Securities/Fleet Capital
Lead Arranger/Admin Agent
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Wabash National Corporation
Manufacturer/Truck Trailers
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$222.1
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$175MM Revolver/$47.1MM Term Loan
Three-year term; National City (syn agent); Wachovia & GE Capital (co-doc agents)
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Fleet Capital/Bank of America
Co-Agents
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PNA Group
Distributor/Steel Products
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$195.0
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Revolver
Five-year term; used to refinance existing debt
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Congress Financial/Kimco Realty
Co-Lead
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Spartan Stores, Inc.
Retailer/Groceries
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$185.0
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$170MM Revolver/$15MM Supplemental Credit Facility
Four-year term; replaces existing credit facility
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BNP Paribas
Lead Arranger/Admin Agent
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CKE Restaurants, Inc.
Franchise/Casual Dining
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$175.0
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$150MM Revolver/$25MM Term Loan
Three/4 1/2 year term; revolver includes $80MM L/C sub facility; term loan used to refinance existing debt
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Wachovia Bank/GE Capital
Co-Arrangers
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NationsRent, Inc.
Provider/Equipment Rentals
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$150.0
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Revolver
Exit financing
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Fleet Securities/Fleet Capital
Syndication Agent/Lead
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KBUS Holdings, LLC
Provider/Motorcoach Services
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$140.0
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Revolver
Acquisition Financing (Coach USA)
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Bank of America
Lead
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GenTek, Inc.
Manufacturer/Industrial Products
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$125.0
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Revolver
Multi-year term; exit financing
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GE Capital/Fleet Capital
Co-Lead
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Superior TeleCom, Inc.
Manufacturer/Wireless & Cable Products
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$120.0
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Revolver
Exit financing; emerges as Superior Essex, Inc.
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GE Commercial Finance
Lead
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Applied Extrusion Technologies, Inc.
Manufacturer/Plastic Films
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$100.0
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$50MM Revolver/$50MM Term Loan
Five-year term; partially used to refinance existing debt & to repurchase leased equipment
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Wachovia Bank
Lead
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Interface, Inc.
Manufacturer/Carpet
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$100.0
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Revolver
Refinance existing facility
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CIT Business Credit
Lead
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Burlington Industries, Inc.
Manufacturer/Flat Glass Products
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$85.0
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Revolver
Exit financing following the sale of Burlington to WL Ross & Co.
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Congress Financial
Lead
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Delta Apparel, Inc.
Wholesaler/Apparel
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$81.0
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Revolver
Acquisition financing (M.J. Soffe Co.)
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GE Capital
Lead
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Dayton Superior, Inc.
Manufacturer/Steel Pipes & Tubes
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$80.0
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Revolver
Refinance of existing $50MM credit facility
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Bank One
Lead
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Tube City, Inc.
Processor/Scrap Metal
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$75.0
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$50MM Revolver/$15MM Term Loan/$10MM CAPEX
Acquisition financing; US Bank (syn agent); Citizens Bank (doc agent)
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Wells Fargo Foothill/Hilco Capital
Co-Lenders
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Source Interlink Companies
Distributor/Management Services
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$65.0
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$45MM Revolver/$20MM Term Loans
Three-year term; term loan allocation: Hilco Capital ($15MM) & Wells Fargo Foothill ($5MM)
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CIT Business Credit
Lead
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Loehmann’s Holdings Inc.
Retailer/Apparel
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$50.0
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Revolver
Replaces existing facility with Bankers Trust
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Wells Fargo Retail Finance
Lead
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The Sharper Image Corporation
Retailer/Specialty Items
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$50.0
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Revolver
Used for working capital & provides for L/Cs
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Citizens Bank/Key Bank
Co-Agents
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Presstek, Inc.
Provider/Digital Imaging Technology
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$50.0
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Revolver
Citizens Bank of New Hampshire (admin agent); Key Bank (doc agent)
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GE Capital/Frost Bank
Co-Lenders
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Cici's Pizza
Franchise/Casual Dining
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$50.0
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Term Loan
Financing supports MBO led by Levine Leichtman Capital
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GE Capital/Hilco Capital
Co-Lenders
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Navarre Corporation
Wholesaler/Home Entertainment Cpmponents
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$46.0
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$40MM Revolver/$6MM Term Loan
Acquisition financing of BCI Eclipse, LLC
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Bank One
Agent
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The Aristotle Corporation
Manufacturer/Educational Products
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$45.0
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Revolver
Five-year term; replaces existing credit facility; Johnson Bank (participant)
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Fleet Capital
Lead
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Market Transport, Ltd.
Regional Truckload Carrier
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$36.5
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Revolver/Term Loan
Used to acquire controlling interest in InTransit, Inc.; working capital/CAPEX
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Wells Fargo Retail Finance
Lead
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Gadzooks, Inc.
Retail/Casual Apparel
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$35.0
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Revolver
Existing facility increased by $5MM; seasonal increase through 12/31/03
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Wells Fargo Foothill
Lead
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Advanced Lighting Technologies, Inc.
Manufacturer/Metal Halide Lighting Products
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$30.0
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Revolver
Exit financing; Saratoga Lighting Holdings provided $30MM in equity financing
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Fleet Capital
Lead Arranger
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Symbol Technologies, Inc.
Enterprise Mobility Solutions
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$30.0
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Revolver
Replaces existing facility with different syndicate of banks
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Congress Financial
Lead
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Riverside Private Equity
Distributor/Automotive Aftermarket Accessories
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$30.0
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Revolver
Three-year term; acquisition financing (American Products Company)
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Wells Fargo Foothill
Lead
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Norstan, Inc.
Provider/Communication Technology Solutions
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$27.5
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$5MM Revolver/$22.5MM Term Loan
Five-year term; replaces existing facility
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Fleet Capital
Lead
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Triangle Chemical Company
Wholesale Distributor/Agricultural Chemicals
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$25.0
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Revolver
Refinances existing debt
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Congress Financial
Lead
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PODS, Inc.
Provider/Mobile Storage
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$25.0
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Revolver
Provides acquisition financing
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Congress Financial
Lead
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Reunion Industries, Inc.
Provider/Metal & Plastics Products
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$25.0
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Revolver
Replaces existing facility with Bank of America
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CIT Business Credit
Lead
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Specialty Laboratories, Inc.
Clinical Reference Laboratories
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$25.0
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Revolver
New facility to fund working capital
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Fleet Capital
Lead
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Johnston Industries, Inc.
Manufacturer/Technical & Decorative Textiles
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$24.5
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Revolver
MBO financing of fabric & testing business (Johnston Industries); equity (Meriturn Partners)
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Bank One
Lead
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Rooster Products, Inc.
Manufacturer/Construction Supplies
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$24.5
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$23.75MM Revolver/$750M CAPEX
Partially used to refinance existing debt
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Fleet Capital
Lead
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Gulistan Carpet, Inc.
Manufacturer/Floor Covering
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$23.5
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Revolver/Term Loan
Used to finance acquisition by Hampton Capital; refinance existing debt
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Fleet National Bank/Union Bank of California
Co-Lenders
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Anacomp, Inc.
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$22.5
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Revolver
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Bank of America
Lead
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Excelligence Learning Corp.
Manufacturer/Educational Products
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$20.0
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$15MM Revolver/$5MM Term Loan
Two/five-year term; replaces existing facility with GMAC Business Credit
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Fleet Capital
Lead
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Precision Coil, Inc.
Manufacturer/Aluminum Coils
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$20.0
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Revolver/Term Loan
Refinance existing debt/working capital; provides for L/Cs
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CIT Business Credit
Lead
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Standard Management Corporation
Provider/Life Insurance
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$20.0
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$10MM Revolver/$10MM Term Loan
Replaces current revolver and sub-debt
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Congress Financial
Lead
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IMAX Corporation
Manufacturer/Entertainment Technology
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$20.0
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Revolver
New financing relationship; transaction expected to close by year-end
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Fleet Capital
Lead
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Bradford Soap International
Manufacturer/Specialty Soaps
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$19.0
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Revolver/Term Loan
Partially used for acquisition financing (The Hewitt Soap Company) and to refinance existing debt
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Fleet Capital
Lead
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IWT Tesoro Corporation
Distributor/Ceramic Tile
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$17.0
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Revolver
Partially used to refinance existing debt and working capital
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GE Business Credit
Lead
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Global DocuGraphix, Inc.
Provider/Commercial Printing Services
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$14.0
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Revolver
New facility to fund working capital
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Fleet Capital
Lead
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Terk Technologies Corporation
Manufacturer/Audio & Video Products
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$12.0
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Revolver
Used to refinance existing debt & provides for L/Cs
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Fleet Capital
Lead
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Terk Technologies Corporation
Manufacturer/Electronics
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$12.0
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Revolver
Refinance existing debt; includes L/Cs
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Wells Fargo Business Credit
Lead
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SMTEK International, Inc.
Provider/Electronic Manufacturing Services
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$12.0
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$10MM Revolver/$1MM Term/$1MM CAPEX
Three-year term
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GE Business Credit
Lead
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A-Top Polymers, Inc.
Distributor/Plastic Resins
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$12.0
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Revolver
New facility to fund working capital
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Cole Taylor Bank
Lead
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CTI Industries, Inc.
Manufacturer/Balloons & Specialty Films
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$11.0
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$7.5MM Revolver/$3.5MM Term Loan
Two-year term; replaces existing facility
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LaSalle Business Credit
Lead
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Digital Recorders, Inc.
Marketer/Digital Communications
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$10.0
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Revolver/Term Loan
Three-year term; replaces existing facility with Guaranty Business Credit
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Western Technology Investment
Lead
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Avamar Technologies, Inc.
Provider/Data Protection Solutions
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$5.0
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Revolver
Western Technology Investment is also an equity shareholder
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QIII 2003 Transactions
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GE Retail Fin / Bank of America
Co-Lead Arrangers
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Hudson’s Bay Company
Retail/Department Store Chain
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$650.0
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Revolver
Replaced $480MM unscrd facility; GE (admin agent);
CIT Bus Credit Can. (fdng/coll agent)
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Fleet Retail Finance
Lead Arranger
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Circuit City Stores, Inc.
Retail/Consumer Electronics
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$500.0
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Revolver
Four-year term/replaces $210MM unsecured credit line
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Bank of America
Lead Arranger
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Alderwoods Group, Inc.
Funeral Service Provider
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$325.0
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$50MM Revolver/$275MM Term Loan B
Term B portion to refinance existing debt
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Bank of America / Silver Point Fin
Lead Arranger/Co-Lender
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Foamex International, Inc.
Manufacturer/Foam Products
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$320.0
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$190MM Revolver/$130MM Term Loans
Four-year term; Silver Point Finance provided $80MM portion of term loan
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Wells Fargo Bank/GE Capital
Co-Lead Arrangers
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Building Materials Holding Corp
Construction Services Provider
|
$300.0
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$175MM Revolver/$125MM Term Loan
Wells Fargo (admin agent), U.S. Bank (syn agent) & Union Bank of Calif (doc agent)
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Fleet Capital
Admin Agent
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TruServ Corporation
Wholesaler/Hardware Cooperative
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$275.0
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Revolver/Term Loan
Fleet Sec (lead arranger & sole bookrunner); refi existing notes, replaces sr bank debt
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GE Healthcare Financial Svs
Lead Arranger
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Omega Healthcare Investors, Inc.
REIT/Long-term Healthcare
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$225.0
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$100MM Revolver/$125MM Term Loan
Four-year Term; refinance of two existing facilities
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Congress Financial/Fleet Retail
Co-Lead
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Musicland Holdings Corporation
Retail/Music Store Chain
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$200.0
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Revolver
Sun Capital Partners named as participant ($50MM)
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Fleet Retail Fin/GE Corp Fin’l Svs
Co-Agents
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Duane Reade, Inc.
Retail/Drugstore Chain
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$200.0
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Revolver/Term Loan
Five-year term; Fleet Securities (lead arranger) & Congress Financial (doc agent)
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HSBC
Lead Arranger
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Westcon Group, Inc.
Distributor/Networking Tech Products
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$175.0
|
Revolver
GE Capital (coll agent); syndicate of seven banks participated
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GE Capital
Admin Agent
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Alliant Resources
Distributor/Financial Services
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$160.0
|
$80MM Revolver/$80MM Term Loan
Credit Lyonnais & Madison Cap (co-lead), Merrill Lynch Cap (syn) & LaSalle Bank (doc)
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Congress Financial
Lead
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Stein Mart, Inc.
Retail/Apparel
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$150.0
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Revolver
Three-year term; refinancing includes option to increase to $175MM
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Congress Financial
Lead
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Fila USA, Inc.
Manufacturer/Athletic Apparel & Footwear
|
$100.0
|
Revolver
Three-year term; acquisition financing —includes $10MM line for Canadian subsidiary
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CapitalSource Healthcare Fin
Lead
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WKTM
Skilled Nursing Facilities
|
$94.0
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$30MM Revolver/$64MM Term Loan
Term loan used to finance acquisition of skilled nursing facilities
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GE Media & Commun Finance
Admin Agent
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IPC Acquisition Corporation
Trading Floor Solutions Provider
|
$80.0
|
$25MM Revolver/$55MM Term Loan
Five-year term; Goldman Sachs Credit Partners (sole lead arranger & book runner)
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CapitalSource Finance
Agent/Lender
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Sun Healthcare Group
Service/Healthcare Provider
|
$75.0
|
Revolver
Two-year term; replaced credit facilities with Heller Healthcare Finance & Citicorp
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U.S. Bank Business Credit
Agent/Lender
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US Fence, Inc.
Manufacturer/Fencing & Railing
|
$75.0
|
$70MM Revolver/$5MM CAPEX
Three-year term; refinance an existing facility
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PNC Business Credit
Lead/Agent
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COMFORCE Corporation
Provider/Staffing Solutions
|
$75.0
|
Revolver
Four-year term; refinance an existing facility
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Congress Financial
Lead/Agent
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Acton Industries
Provider/Storage Services
|
$65.0
|
Revolver
Three-year term; used for acquisition financing
|
CIT Business Credit
Lead
|
UNICCO Service Company
Services/Facilities Outsourcing
|
$60.0
|
Revolver/Term Loan
Three-year term; refinancing of similar facility with other lenders
|
Congress Financial
Lead
|
Trigeant E.P., Ltd.
Asphalt Refinery
|
$50.0
|
Revolver
Three-year term; used for acquisition financing
|
Fleet Capital
Lead
|
Transplace, Inc.
Services/Logistics Mgm’t
|
$40.0
|
Revolver/Term Loan
Three-year term; new facility to refinance existing debt
|
Wells Fargo Foothill
Lead Arranger
|
Penton Media, Inc.
B/B Media Company
|
$40.0
|
Revolver
New facility adding $20MM in availability; CSFB acted as advisor on facility placement
|
Fleet Capital
Lead
|
Pierre Foods, Inc.
Producer/Food Products
|
$40.0
|
Revolver
Partially used to refinance existing indebtedness
|
PNC Business Credit
Lead
|
Lionel LLC
Manufacturer/Model Trains
|
$35.0
|
Revolver/Term Loan
New facility replaces existing loan and provides for other banking services
|
CapitalSource Finance
Lead
|
Radiant Research, Inc.
Clinical Drug Testing
|
$35.0
|
$27MM Revolver/$8MM Term Loan
Primarily used to facilitate acquisition of Photocare, Inc.
|
Congress Financial
Lead
|
American Products, Inc.
Manufacturer/Aftermarket Auto Parts
|
$30.0
|
Revolver
Three-year term; used for acquisition financing
|
GE Business Credit
Lead
|
Gardner Industries
Manufacturer/Roof & Driveway Products
|
$28.0
|
Revolver
New facility to fund working capital
|
LaSalle Retail Finance
Lead
|
Gabberts, Inc.
Retail/Home Furnishings
|
$25.0
|
Revolver
Three-year term; new working capital facility
|
Congress Financial
Lead
|
Expanets, Inc.
Networked Communication Solutions
|
$25.0
|
Revolver
Two-year term; new working capital facility
|
LaSalle Business Credit
Lead
|
Stonepath Group
Services/Logistics Mgmt
|
$20.0
|
Revolver
$5MM revolver increase
|
Fleet Capital
Lead
|
Reed & Barton Corporation
Marketer/Tableware & Giftware
|
$20.0
|
Revolver
Sustains 100 + year relationship, adds additional corporate svs including L/C facility
|
Bank One
Lead
|
Magnetek
Manufacturer/Digital Power Supplies
|
$19.0
|
Revolver
Three-year term; new facility replaced existing $16MM credit line
|
Banknorth, N.A.
Lead
|
TransAct Technologies, Inc.
Manufacturer/Transaction Printers
|
$12.5
|
$11.5MM Revolver/$1MM CAPEX
Three-year; replaced existing facility with LaSalle Business Credit
|
LaSalle Retail Finance
Lead
|
Super Stores of America, Inc.
Retail/Furniture
|
$10.0
|
Revolver
Three-year term; new facility for working capital
|
|
QII 2003 Transactions
|
Bank of America
Lead/Agent
|
Central Parking Corporation
Parking Garage Chain
|
$350.0
|
$175MM Revolver/$175MM Term Loan
Five/seven-year term; primarily a refinancing
|
Fleet Securities/Fleet Capital
Arranger/Lead
|
Seneca Foods Corporation
Manufacturer/Food Products
|
$200.0
|
$200MM Revolver/Term Loan
Financing provided for acquisition (Chiquita Processing); refinancing of existing debt
|
GE Corp Lending/GE Capital Mkts
Admin Agent/Lead Arranger
|
Blount International, Inc.
Manufacturer/Outdoor Products
|
$190.0
|
$67MM Revolver/$123MM Term Loan
Term B portion of term loan $85MM/ refinance of existing term loan
|
Fleet Securities/Fleet Capital
Arranger/Lead
|
Center Partners Mgm’t
Manufacturer/Canned Seafood Products
|
$171.2
|
$145MM Revolver/$26.2MM Term Loan
Acquisition financing (Bumble Bee Seafoods)
|
Bank of America
Admin Agent
|
Fleetwood Enterprises
|
$130.0
|
Revolver
Existing facility increased by $20MM
|
Fleet Securities/Fleet Capital
Lead Arranger/Agent
|
Hexcel Corporation
Manufacturer/Structural Materials
|
$115.0
|
Revolverx
Five-year term; multi-national, multi-currency facility
|
Fleet Securities/Fleet Capital
Arranger/Co-Lead
|
Gerber Scientific
Manufacturer/Computer-Based Sys/Equip
|
$110.0
|
$45MM Revolver/$65MM Term Loan
Four-year term; Ableco Finance provided term loan
|
CIT Business Credit
Arranger/Admin Agent
|
Fingerhut Direct
Catalog Merchandiser
|
$100.0
|
Revolver
Provided by CIT’s Retail Finance Group
|
GE Corp Lending
Lead Agent
|
Arena Brands, Inc.
Manufacturer/Apparel
|
$94.5
|
$50MM Revolver/$44.5MM Term Loan
Term loan used to refinance existing bank loans
|
GE Corp Finance/BNP Paribas
Co-Agents
|
Lund International
Manufacturer/Auto Specialty Products
|
$75.0
|
Revolver/Term Loan
Merrill Lynch Capital named as participant
|
Harris Trust & Savings Bank
Lead
|
All American Semiconductor
Distributor/Electronic Components
|
$65.0
|
Revolver
Three-year term; replaces $60MM credit facility; new bank added to consortium
|
J.P. Morgan Business Credit
Admin/Collateral Agent
|
Aventine Renewable Energy, Inc.
Manufacturer/Ethanol
|
$60.0
|
Revolver
Partially used for acquisition financing
|
Fleet Capital
Lead
|
Bradshaw International
Distributor/Kitchenware
|
$51.0
|
Revolver/Term Loan
Existing facility increased by $13.5MM ; acquisition financing (Butler Home Products)
|
Wells Fargo Foothill
Lead
|
Hudson Highland Group
|
$50.0
|
Revolver/Term Loan
Three-year term
|
Congress Financial/U.S. Bank
Co-Lenders
|
Mackie Designs
Manufacturer/Audio Equipment
|
$39.5
|
$26MM Revolver/$13.5MM Term Loan
U.S. Bank provided $11MM of term loan (Three-year term)
|
Transamerica Business Capital
Lead
|
Capital Five Investments
Manufacturer/Multi Wall Bags
|
$29.0
|
$17MM Revolver/$12MM Term Loan
Acquisition financng (Mid-America Packaging & Delta Natural Kraft)
|
CIT Business Credit
Lead
|
Cyberonics, Inc.
Manufacturer/Medical Devices
|
$25.0
|
Revolver
Existing facility increased by $15MM
|
LaSalle Retail Finance
Lead
|
rue21, inc.
Retail/Apparel
|
$13.0
|
$13MM Revolver
Three-year term; exit financing
|
Transamerica Business Capital
Lead
|
The Flexitallic Group, Inc.
Manufacturer/Sealing Products
|
$11.5
|
$10MM Revolver/$1.5MM Term Loan
Five-year term
|
Pacific Business Funding
Lead
|
Southwall Technologies, Inc.
Manufacturer/Film Coatings
|
$10.0
|
Revolver
One-year term; Ex-Im Bank provided $5MM guarantee
|
Fleet Capital
Lead
|
American Seafood Importer, Inc.
Wholesaler/Seafood
|
$10.0
|
Revolver/Term Loan
Refinancing
|
Textron Financial
Lead
|
Galaxy Nutritional Foods
|
$7.5
|
Revolver
Replaced Finova Capital facility
|
|
QI 2003 Transactions
|
Wachovia Securities
Arranger/Underwriter
|
Jack in the Box, Inc.
Franchise/Fast Food
|
$350.0
|
$200MM Revolver/$150MM Term Loan
$25MM revolver incrs; lead agents: Fleet NB, U.S. Bancorp, Rabobank & BNP Paribas
|
GE Commercial Finance
Lead
|
Standard Motor Products
|
$305.0
|
Revolver (Expanded)
$225MM facility increased by $80MM to fund purchase of selected U.S. operations of Dana Corp
|
Bank of America
Lead Arranger
|
Stericycle, Inc.
Medical Waste Mgm't Services
|
$264.8
|
$105MM Revolver/$159.8MM Term Loan
Five/Six-year Term; amendment to increase borrowing capacity capacity ($51 MM)
|
UBS Warburg LLC
Lead Arranger
|
Hollywood Entertainment Corp.
Retail/Home Video Rentals
|
$250.0
|
$50MM Revolver/$200MM Term Loan
Five-year Term; repay existing indebtedness
|
Deutsche Bank Trust
Lead Arranger
|
Grant Prideco
|
$240.0
|
$190MM Revolver/$50MM Term Loan
Four-year term; widely syndicated acquisition financing; provides for U.S. and Canadian borrowings
|
Wachovia Bank/Congress Fin'l
Arranger/Lead
|
J. Crew
Retail/Apparel
|
$180.0
|
Revolver/Term Loan
Participants incl: CIT Business Credit, BofA, Merrill Lynch Capital & LaSalle Retail Fin
|
Wachovia Securities/BNP Paribas
Co-Lead Arrangers
|
Wackenhut Corrections Corporation
|
$175.0
|
$50MM Revolver/$125MM Term Loan
Five/Six-year term; proceeds used to purchase properties under operating lease facility
|
Congress Financial
Admin Agent
|
Desa International
|
$165.0
|
Revolver/Term Loan
Financing provided to H.I.G. Capital for acquisition of borrower; Ableco Finance (collateral agent)
|
Wells Fargo Foothill/Ableco Fin
Co-Lead
|
Midas, Inc.
Auto Aftermarket & Service Provider
|
$140.0
|
$48MM Revolver/$92MM Term Loan
Three-year term; requires commitment by existing lenders to provide $40MM sub-debt
|
Comerica Bank
Lead/Agent
|
Olympic Steel, Inc.
|
$132.0
|
$90MM Revolver/$42MM Term Loan
Three-year term; replaced $125MM facility
|
J.P. Morgan Securities
Lead Arranger
|
Denny's Inc.
Franchise/Casual Dining
|
$125.0
|
Revolver
One-year term; Foothill Cap (syn agent); J.P. Morgan Chase (admin & collateral agent)
|
Wachovia Bank/Congress Fin'l
Arranger/Lead
|
Lerner New York
Retail/Apparel
|
$120.0
|
Revolver
Financing to facilitate Limited Brands private equity buyout; CIT Business Crdt (co-lndr)
|
GE Commercial Finance/CIBC (WM)
Co-Lead Arrangers
|
Atlantis Plastics, Inc.
Manufacturer/Polyethylene Films
|
$110.0
|
$35MM Revolver/$75MM Term Loan
Five/Six-year (term B); incl: Merrill Lynch Cap, BNP Paribas, John Hancock & ORIX Fin'l
|
Congress Financial
Lead
|
Titanium Metals Corporation
Manufacturer/Titanium Products
|
$105.0
|
Revolver
Existing facility increased by $15MM; resulted from addition of new participant
|
Fleet Capital
Lead/Agent
|
Columbus McKinnon Corporation
Manufacturer/Material Handling Products
|
$100.0
|
$30MM Revolver/$70MM Term Loan
4 1/2 year term; Fleet Securities placed the secured term loan
|
GE Structured Finance
Lead
|
American Skiing Company
|
$91.5
|
$40MM Revolver/$51.5MM Term Loan
Refinancing; $20MM portion of term loan provided by CapitalSource
|
Wachovia Bank/Congress Financial
Arranger/Lead
|
Champion Home Builders Company
|
$75.0
|
Revolver
Three-year term; primarily for L/C issuance; freed-up $50MM in restricted cash
|
GE Commercial Finance
Lead Arranger
|
Brightpoint, Inc.
|
$70.0
|
Revolver
Provided incremental borrowing availability of $7.5MM; overall facility reduced from $90MM
|
Wells Fargo Retail Finance
Lead Arranger
|
Party City Corporation
Retail/Party Supplies
|
$65.0
|
Revolver
Three-year term; replaced $40MM facility with Congress Fin'l; Fleet Retail Fin (doc agent)
|
Fleet Capital
Lead
|
SITEL Corporation
|
$50.0
|
Revolver
Three-year term; replaced existing $50MM facility; secured by A/R in U.S., Canada & U.K.
|
GE Commercial Finance
Lead
|
Infogrames, Inc.
|
$50.0
|
Revolver
2 1 /2-year term; all other debt obligations subordinated to new facility
|
Wells Fargo Retail Finance
Lead
|
Wickes Furniture Company
|
$46.0
|
Revolver
Renewal of existing facility
|
CIT Business Credit/Fleet Capital
Agent/Lender
|
Hussey Copper
Manufacturer/Copper Products
|
$45.0
|
$35.5MM Revolver/$9.5MM Term Loan
Three-year term; replaced Citizens Bank facility
|
Wells Fargo Retail Finance
Lead
|
Copeland Enterprises, Inc.
|
$35.0
|
Revolver
Facility used for recapitalization
|
Transamerica Business Capital
Lead
|
JJI Lighting Company
Manufacturer/Lighting Specialties
|
$35.0
|
Revolver/Term Loan
Refinacing; Mezzanine Management equity sponsor
|
Huntington National Bank
Lead
|
R.G. Barry Corporation
|
$32.0
|
Revolver
Three-year term; replaced unsecured facility
|
Wells Fargo Foothill
Lead
|
World Airways
Commercial Airline
|
$30.0
|
Revolver
Five-year term; retired prior credit facility with GMAC
|
Fleet Capital
Lead
|
W.L. Petrey Wholesale Company
|
$30.0
|
Revolver
Refinancing
|
Transamerica Business Capital/KeyBank
Co-Lenders
|
Beck Aluminum Corporation
|
$25.0
|
Revolver
Refinancing
|
CapitalSource Healthcare
Lead
|
Trans Healthcare, Inc.
Skilled Nursing Facilities
|
$20.0
|
Revolver
Included inter-creditor agreement with lender & REIT
|
LaSalle Business Credit
Lead
|
SL Industries, Inc.
|
$20.0
|
Revolver/Term Loan
Three-year term
|
Wells Fargo Foothill
Lead
|
Mercator Software, Inc.
|
$20.0
|
$10MM Term Loan/$5MM L/C/$5MM Revolver
Three-year term; replaced $15MM facility with Silicon Valley Bank
|
PNC Bank
Lead
|
Metrologic Instruments, Inc.
Manufacturer/Laser Bar Code Scanners
|
$17.5
|
$13MM Revolver/$4.5MM Term Loan
Three-year term; debt restructure
|
Transamerica Business Capital
Lead
|
Tiro Industries, LLC
Manufacturer/Personal Care Goods
|
$17.0
|
Revolver/Term Loan/$1MM CAPEX
Facility used for acquisition of Tiro by Daily Capital
|
Whitehall Business Credit
Lead
|
SPAR Group, Inc.
|
$15.0
|
Revolver
Three-year term; replaced previous facility with IBJ Whitehall Business Credit
|
Comerica Bank
Lead
|
Align Technology, Inc.
|
$15.0
|
$10MM Revolver/$5MM Term Loan
18-month term; term loan is equipment based @ 36 months
|
Silicon Valley Bank
Lead
|
iBasis, Inc.
|
$15.0
|
Revolver
Two-year term; includes warrants to purchase shares of borrower’s stock
|
Congress Financial
Lead
|
Hirsch International Corporation
|
$12.0
|
Revolver
Three-year term; replaced facility with PNC Bank
|
Wells Fargo Foothill
Lead
|
Mrs. Fields’ Original Cookies, Inc.
|
$11.9
|
$9.9MM Revolver/$2MM L/C
Two-year term; $2.9MM increase
|
LaSalle Retail Finance
Lead
|
The Ski Market Ltd.
|
$10.0
|
Revolver
Three-year term
|
Kimco Capital
Lead
|
Frank's Nursery & Crafts, Inc.
Retail/Lawn & Garden
|
$10.0
|
Revolver
Existing credit facility amendment; incl warrants to purchase shares of borrower's stock
|
Comerica Bank
Lead
|
Orchid BioSciences, Inc.
|
$10.0
|
Revolver
No other details provided
|
* Deal Size in Millions
|
