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 2004 Transactions
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TD Securities/Citigroup Global Markets
Co-Lead
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SpectraSite Communications
Operator/Wireless Tower
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$900.0
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$200MM Revolver/$300MM Delayed Draw Term Loan
Proceeds were used to repay previous senior secured credit facility
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BofA Securities/Goldman Sachs.CSFB
Co-Lead Arrangers
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Cricket Communications
Provider/Cell Phones
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$650.0
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Revolver/$500MM Term Loan
Five-year revolver; six-year term loan
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Citigroup Global Markets/Others
Lead Arranger
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Amkor Technology, Inc.
Provider/Contract Semiconductor Assembly
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$300.0
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Term Loan
Participants include Merrill Lynch, Pierce, Fenner & Smith, JP Morgan Securities, Citicorp and JPMorgan Chase Bank
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Deutsche Bank
Lead
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Nash Finch Company
Distributor/Food
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$300.0
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$125MM Revolver/$175MM Term Loan B
Revolver has five-year term; term loan has six-year term
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Fleet Retail Group
Lead
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Pathmark Stores, Inc.
Operator/Supermarkets
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$250.0
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$180MM Revolver/$70MM Term Loan
Replaces five-year revolver and seven-year term loan
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Credit Suisse First Boston
Lead
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Doane Pet Care, Inc.
Provider/Pet Care Supplies
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$230.0
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Revolver
Five-year term
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Merrill Lynch Capital
Lead
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Cosorcio Comex S.A. de C.V.
Manufacturer/Paint
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$181.0
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Revolver
Credit facility to support the acquisition of Professional Paint
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Wachovia Capital Markets/Bank of Nova Scotia
Co-Lead Arrangers
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GenCorp Inc.
Manufacturer/Aerospace, Real Estate, Chemicals
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$180.0
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$80MM Revolver/$25MM Term Loan/$75MM Letter of Credit
Wachovia acts as administrative agent, with The Bank of Nova Scotia as syndication agent,
and J.P. Morgan Chase Bank and The Bank of New York as documentation agents.
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BofA/CitiBank/Wachovia
Administrative Agent/Co-Documentation Agents
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PMI Group, Inc.
Provider/Credit Enhancement Products
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$175.0
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Revolver
Five-year term; Sun Trust Bank and JPMorgan Chase Bank are also members of the lenders group.
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Bank of America Business Capital
Lead
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Ahern Rentals
Distributor/Equipment Rentals
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$175.0
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Revolver
BofA will also provide letters of credit, cash management products and services
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GE Commercial Finance
Co-Lead Arranger
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United States Steel Corporation
Manufacturer/Steel
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$173.5
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Revolver
Part of $600MM senior secured revolving loan facility
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Bank of America Business Capital
Lead Agent
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International Textile Group
Manufacturer/Textile Fabrics
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$150.0
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Revolver/Term Loan/Capital Expenditure Line
ITG is owned by private equity sponsor Wilbur Ross & Company
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PNC Business Credit/PNC Bank
Lead
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Arch Aluminum & Glass Co. Inc.
Distributor/Glass and Aluminum
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$100.0
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$65MM Revolver/$25MM Term Loan with an $8.8MM Cashflow Componen/$10MM Capital Expenditure Line
Five-year term
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SunTrust's Capital Market
Lead
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U.S. Xpress Enterprises, Inc.
Provider/Truckload Carrier
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$100.0
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Revolver
Coupled with $100MM accounts receivable securitization Five-year term; replaces $100MM revolver
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Ableco Finance
Lead
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Omni Energy Services Corp.
Provider/Energy Services
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$100.0
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Revolver
Ableco Finance is an affiliate of Cerberus Capital Management
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Bank of the West
Lead
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American Vanguard Corporation
Developer/Agricultural Products
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$80.0
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$45MM Revolver/$35MM Term Loan
Syndicate of banks led by Bank of the West; Replaces $45MM revolver, $10MM term loan
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Congress Financial/Wachovia
Lead Agent/Lead Arranger
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Atlas Air Worldwide Holdings, Inc.
Provider/Global Air Cargo Services
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$60.0
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Revolver
Includes up to $10 million of letter of credit accommodations
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Fleet Retail Group
Lead
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Mothers Work Inc.
Retailer/Maternity Wear
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$60.0
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Revolver
Five-year term
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BofA Precious Metals
Lead
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Leach & Gartner
Fabricator/Precious Metals
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$59.0
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Revolver
Multi-purpose credit facility
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Bank of America
Co-Lead
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RemedyTemp
Provider/Staffing Services
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$50.0
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Revolver
Replaces the prior credit line and expands the line to $50 million from $40 million.
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Bank of America Business Capital
Lead
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Thomas Industries Inc.
Manufacturer/Carpet and Yarn
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$48.0
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Revolver and Term Loan
Will be used to acquire the assets of Mattel Carpet and Rug, Inc. and Superior Yarn Technologies
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Fleet Retail Group/Wells Fargo Retail Finance
Fleet Retail Group is administrative and collateral agent,/Wells Fargo Retail Finance is the co-agent.
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Kirkland's, Inc.
Retailer/Home Décor
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$45.0
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Revolver
Replaces existing $45MM revolver
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GMAC Commercial Finance
Lead Lender
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Wise Foods, Inc.
Provider/Snack Foods
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$43.0
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$36MM Revolver/$7MM Term Loan
IPI provided credit enhancement on a $7MM IP-based term loan; Five-year term
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PNC Business Credit
Lead
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Joshen Paper & Packaging
Supplier/Packaging Products
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$35.0
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Revolver and Term Loan
Three-year term
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Wells Fargo Foothill
Lead
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BUCA
Frachise/Restaurant
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$35.0
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Revolver
$35MM is maximum capacity
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Bank of America Business Credit
Lead
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Bravo Sports
Manufacturer/In-Line Skates, Accessories
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$34.0
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Revolver/Term Loan
Credit facility will be used to acquire Variflex
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GMAC-RFC Health Capital
Lead
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SunLink Health Systems, Inc.
Provider/Healthcare to Rural Communities
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$30.0
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Revolver
Five-year term
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Bank of America Business Capital
Lead
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Titan Financial Group II, LLC
Provider/Consumer Finance
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$30.0
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Revolver
BofA is providing cash management services
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GE Global Media
Lead
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ACME Communications Inc.
Broadcaster/Television
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$30.0
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Revolver
Part of $60MM secured financing
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Bridge Healthcare Finance
Lead
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Pleasant Care Corporation
Operator/Nursing and Assisted Living Facilities
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$29.0
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$12MM Term Loan/$17MM Revolver
Citra Capital Management served as financial advisor
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American Capital Strategies
Lead
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Montana Silversmiths
Designer/Jewelry and Accessories
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$26.0
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Term Loan/Senior Subordinated Debt
American Capital is also providing a revolving credit facility
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US Bank Business Credit
Lead Agent
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ACN
Reseller/Telecommunication Services
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$25.0
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Revolver
Will be used to refinance an existing facility.
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Bank of America Business Capital
Lead
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Metropolitan Finance
Provider/Captive Financing
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$25.0
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Revolver
Refinances existing debt; BofA will also provide cash management products and services
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Bridge Healthcare Finance
Lead
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The Schuster Group
Provider/Hospital Management
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$24.0
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$15MM Revolver/$9MM Term Loan
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Wells Fargo Foothill
Lead
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First Broadcasting Sacramento
Broadcaster/Radio
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$23.5
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Revolver
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Bank of America Business Capital
Lead
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Ansonia Copper & Brass
Precious Metals/Fabricator/Copper Metal
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$22.0
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$10MM Revolver/$12MM from BofA
BofA provided letters of credit, derivatives and cash management products and services
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PNC Bank
Lead
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Franklin Electronic Publishers
Manufacturer/Electronic Books
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$20.0
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Revolver
Three-year term; replaces expiring arrangement
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Wells Fargo Foothill
Lead
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Rocket Software
Developer/Software
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$20.0
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Revolver
Five-year term
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GMAC Retail Finance Group
Lead
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The Athlete's Foot Stores
Retailer/Athletic Footwear
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$20.0
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Revolver
Provides ongoing working capita
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GE Capital
Lead
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Black Warrior Wireline Corp.
Provider/Well Drilling
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$18.0
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Replaces expired facility with GE Capital
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PNC
Lead
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Small World Kids, Inc.
Manufacturer/Toys
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$16.5
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Revolver
Three-year term; replace $11.5MM credit agreement with Manufacturers Bank
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Guaranty Business Credit
Lead
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LiveBridge, Inc.
Provider/Teleservices
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$16.0
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Revolver
Three-year term
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Guaranty Business Credit
Lead
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Pinkerton Computer Consultants, Inc."
Consultant/Computer, IT Services
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$15.0
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Revolver
Three-year term
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Wells Fargo Foothill
Lead
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Abraxas Petroleum Corporation
Developer/Energy Company
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$15.0
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Revolver
Part of $200MM refinancing
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CapitalSource
Lead
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State Hawk Security, Inc.
Dealer/Alarm Monitoring Contracts
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$12.0
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Revolver
Facility through structured finance group
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LaSalle Business Credit
Lead
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Lucille Farms, Inc.
Manufacturer/Cheese
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$11.0
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$7MM Revolver/$2MM Term Loan/$1MM Term Loan/$1MM Capital Equipment Loan
Part of refinancing program
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Comerica Bank
Lead
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VistaPrint
Provider/Graphic Design
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$11.0
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Revolver
VistaPrint will use the loan to construct a computer integrated manufacturing (CIM) facility.
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Guaranty Business Credit
Lead
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Great Western Products Co.
Distributor/Concessionary Goods
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$7.0
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Revolver
Will support acquisition of Marjack Co. Inc.
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Wells Fargo Foothill
Lead
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Image Entertainment, Inc.
Distributor/Optical Disc Programming
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$6.0
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Revolver
Increased exisiting facility to $23MM
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Guaranty Business Credit
Lead
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Cherokee Forest Products, Inc.
Wholesaler/Lumber
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$5.0
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Revolver
Two-year term
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Comerica Technology and Life Sciences
Lead
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PrimeRevenue
Provider/Finance Solutions
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$4.3
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Term Loan
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Comerica Bank
Lead
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Giftcertificates.com, Inc.
Retailer/Gift Certificates
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$4.125
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$3MM Revolver/$1.25MM Term Loan
Revolver is extension
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Guaranty Business Credit
Lead
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United Strategies, Inc.
Consultant/Business Management
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$4.0
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Revolver
Three-year term; replace its prior bank line
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Fifth Third Bank
Lead
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Segmentz
Provider/Logistics Management
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$3.5
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Revolver
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CapitalSource
Lead
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Pioneer Behavioral Health
Provider/Behavioral Healthcare Services
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$3.5
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Credit Line
Secured with its accounts receivables
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Guaranty Business Credit
Lead
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CLS Worldwide
Provider/Chauffeured Transportation
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$3.5
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$3MM Revolver/$1.25MM Term Loan
Three-year term
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Briar Capital
Lead
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Integrated Security Systems
Provider/Security
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$3.0
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Revolver
Secured by most of B&B ARMR's assets
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Briar Capital
Lead
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Reliability, Inc.
Designer/Technology for Semiconductors
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$2.9
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$1MM Term Loan/$1.9MM Revolver
18-month term, with one year extension option
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Bridge Opportunity Fund
Lead
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Clark Container
Provider/Flexible Packaging
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$1.5
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Revolver
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QIII 2004 Transactions
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JP Morgan Chase
Lead
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Paladin Resources plc
Provider/Oil and Natural Gas
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$600.0
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Revolver
Five-year term
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Wachovia Capital Markets/Congress Financial
Lead
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Winn-Dixie Stores
Retailer/Supermarket
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$600.0
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$400MM Revolver/$200MM Standby Letter
Refinances and increases existing credit facility
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Bank of America
Lead
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NES Rentals Holdings Inc.
Supplier/Heavy Equipment
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$575.0
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$300MM Revolver/$275MM Second-Lien Term
Five-year credit facility; six-year term loan
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Congress Financial/Goldman Sachs
Co-Lead Arrangers
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Mervyn's, LLC
Supplier/Plastic Parts
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$550.0
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Revolver
Merrill Lynch Capital served as joint bookrunner, syndication agent and Term C Loan collateral agent
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Banc of America Securities/UBS Securities
Joint Lead Arranger
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Denny's Corporation
Franchise/Restaurant
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$420.0
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$75MM Revolver/$225MM First Lien Term Loan/$120MM Second Lien Term Loan
Four-year revolver; five-year first lien term loan and six-year second lien term
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JP Morgan/Wachovia
Co-Lead Arrangers
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Teleflex Incorporated
Manufacturer/Transportation Parts
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$400.0
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Revolver
Five-year term; $100M expansion feature
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Banc One Capital
Lead
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Swift Energy Company
Provider/Oil and Natural Gas
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$400.0
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Revolver
Replaces former $300MM revolver; ten-member bank group
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Goldman Sachs/Union Bank of California
Co-Lead Arrangers
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Entravision Communications Corporation
Media/Television and Radio
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$400.0
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$150MM 6-1/2-Year Revolver/$175MM 7-1/2-Year Term Loan/$75MM 7-1/2-Year Delayed Draw Term Loan
Replaces existing facility
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JP Morgan Chase
Lead
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Coinstar, Inc.
Provider/Coin-Counting Machines
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$310.0
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$60MM Revolver/$250MM Term Loan
Facilities also arranged by Lehman Bros., Bank of America, KeyBank and Wells Fargo
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JP Morgan Securities
Lead
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Kindred Healthcare
Provider/Health Care Services
|
$300.0
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Revolver
Five-year term; replaces existing credit agreements
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Banc of America Securities
Lead
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Ventas Realty
REIT/Health Care
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$300.0
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Revolver
Participants include Bank of America, Merrill Lynch & Co., Merrill Lynch Pierce Fenner & Smith,
UBS Securities, Calyon New York Branch, JPMorgan Chase Bank and Citicorp North America
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Bank of America Retail Finance
Lead
|
Longs Drug Stores
Retailer/Drug Store
|
$280.0
|
Revolver
Five-year term; replaces unsecured facility
|
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Banc of America Securities/UBS Securities
Co-Lead Arrangers
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Denny's Corporation
Franchise/Restaurant
|
$275.0
|
$75MM Revolver/$200MM Term Loan
Five-year term loan; four-year revolver replacing existing facility
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GE Global Media
Lead
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Inner City Broadcast Holdings, Inc.
Media/Radio
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$197.0
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Private Equity Firm Alta Communications Made $41.2MM Preferred Equity Contribution
Replaces existing debt
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SunTrust Robinson Humphrey/Banc of America Securities
Co-Lead Arrangers
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CheckFree Corporation
Provider/Electronic Commerce Services
|
$185.0
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Revolver
Three-year term
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Credit Suisse First Boston
Lead
|
Alion Science and Technology Corporation
Provider/IT Solutions
|
$180.0
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Term B Senior Credit Facility
Replaces previous senior credit facility administered by LaSalle
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Bank of America
Lead
|
Holly Corporation
Refiner/Petroleum Products
|
$175.0
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Revolver
Replaces $100MM facility, can be increased to $225MM
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GE Commercial Distribution Finance
Lead
|
Pomeroy
Provider/IT Solutions
|
$165.0
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Revolver
Participants include National City, PNC, UPS Capital, Bank of America and AMSouth
|
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LaSalle Bank
Lead Arranger
|
Huttig Building Products
Distributor Building Products
|
$160.0
|
$130MM Revolver/$30MM Term Loan
Five-year term; syndicated with LaSalle Bank and six others
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Bank of America
Lead
|
Cal Dive International
Provider/Subsea Construction
|
$150.0
|
Revolver
Four-year term; replaces former $70MM revolver; participants include Whitney Bank, Southwest Bank of Texas, Bank One,
Comerica Bank; Natexis Bank and Union Planters Bank
|
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Wells Fargo Retail Finance
Lead
|
The Bombay Company
Distributor/Furniture
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$125.0
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Revolver
Five-year term; replaces $75MM revolver
|
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Bank of America
Lead
|
SL Green Realty Corp
REIT/Class B Properties
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$125.0
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Part of $625MM to $750MM Debt Restructuring
$200 million term loan with Wells Fargo Bank and various other lenders was increased by $125
million to $325 million
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Blue Ridge Funding Corp./Wachovia
Lead
|
Equifax Inc.
Provider/Credit Reports
|
$125.0
|
Trade Receivables-Backed Revolver
Wachovia Bank is the agent for Blue Ridge and the liquidity lenders
|
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Citizens Bank of Pennsylvania
Lead
|
Black Box Corporation
Supplier/Connectivity Devices
|
$120.0
|
Revolver
Participants include Wachovia Securities, Comerica Fifth Third Fleet National and National City
|
|
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Brown Brothers Harriman & Co.
Lead
|
Dynamics Research Corporation
Provider/Technical and IT Solutions
|
$100.0
|
$55MM Five-Year Acquisition Term Loan/$37MM Revolver/$8MM Mortgage Term Loan
Replaces former $50MM revolver; participants include KeyBank, BankNorth, and Fleet National Bank
|
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GE Capital/LaSalle
Co-Lead Arrangers
|
Titan International, Inc.
Distributor/Wheels
|
$100.0
|
Revolver
Three-year term; replaces former $20MM revolver
|
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GE Global Media & Communications Unit
Lead Arranger
|
International Media Group, Inc.
Broadcaster/Television
|
$95.0
|
$80MM Term Loan/$15MM Revolver
GE Commercial Finance contributed $50MM to facility
|
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Credit Suisse First Boston
Lead
|
NUI Utilities, Inc.
Provider/Computing Systems
|
$95.0
|
$75MM Secured Facility/$20MM Unsecured
Intended to provide additional liquidity through the close of the sale of the company
|
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Merrill Lynch Capital
Lead
|
Vigo Remittance Corporation
Provider/Electronic Funds Transfer
|
$82.0
|
Revolver
Intended for all outstanding senior and senior sub notes and to provide for acquisition capacity
|
|
|
Congress Financial
Lead
|
Crucible Materials Corporation
Distributor/Metal Parts
|
$80.0
|
Revolver
Replaces former $80MM revolver from GE Capital, PNC Bank
|
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Credit Suisse First Boston
Lead
|
NUI Utilities Corporation
Provider/Natural Gas Utilities
|
$75.0
|
$75MM Revolver
$20MM Unsecured facility made through amendment
|
|
|
Congress Financial/Citicorp
Co-Lead Arrangers
|
Suntron Corp.
Manufacturer/Electronics
|
$75.0
|
Revolver
Amended agreement
|
|
|
Merrill Lynch Capital
Sole Lender/Lead Arranger
|
EmployBridge
Provider/Commercial Staffing
|
$66.0
|
$30MM Revolver/$36MM Second Lien Term Loan
Refinances the company's existing senior debt
|
|
|
Wells Fargo
Lead
|
United States Lime & Minerals
Supplier/Lime and Limestone Products
|
$60
|
$30MM Revolver/$30MM Term Loan
Replaces former facility
|
|
|
Congress Financial
Lead
|
The Richardson Trident Company
Fabricator/Metals
|
$59.5
|
$45MM Revolver/$14.5MM Term Loan
Capital Corporation provided second lien financing
|
|
|
GE Capital Corporation
Lead
|
Crave Entertainment Group
Distributor/Videogame Products
|
$58.0
|
$55MM Revolver/$3MM Term Loan
Replaces former $35MM facility with GE Capital
|
|
|
Bank of New York
Lead
|
Lifetime Hoan Corporation
Distributor/Housewares
|
$50.0
|
Revolver
Five-year term; replaces $35MM facility; "accordian feature" allows it be be increased to $65MM
|
|
|
HSBC Business Credit
Lead
|
Wire Rope Corporation of America, Inc.
Manufacturer/Wire Rope
|
$45.0
|
$37MM Revolver/$8MM Term Loan
Wire Rope owned by KPS Special Situations Fund II
|
|
|
Congress Financial
Lead
|
Telcove
Provider/Telecommunications Services
|
$45.0
|
Revolver
Three-year term
|
|
|
Merrill Lynch Capital
Lead
|
Tecta America Corp.
Provider/Roofing Work
|
$45.0
|
Revolver
Refinances existing debt and for ongoing working capital
|
|
|
Bank of America Business Capital
Lead
|
Aviza Technology
Supplier/Equipment to Semiconductor Industry
|
$40.0
|
Revolver
Company is backed by venture capital firm VantagePoint Venture Partners
|
|
|
GE Global Media/CIT
Co-Lead Arrangers
|
American Consolidated Media Inc.
Publisher/Community Newspapers
|
$36.0
|
Revolver
GE provided $18MM; CIT provided $18MM
|
|
|
Wells Fargo
Lead
|
ACR Group, Inc.
Distributor/AC, Heating and Refrigeration Equipment
|
$35.0
|
$30MM Revolver/$5MM Credit Line
Replaces former $30MM facility with Bank of America Business Credit
|
|
|
CIT Commercial Services
Lead
|
MicroFinancial Corporation
Provider/Leasing and Financial
|
$30.0
|
Revolver
Three-year term; replaces one-year $8MM revolver
|
|
|
GE Commercial Finance VFS
Co-Lead Arrangers
|
En Pointe Technologies, Inc.
Distributor/IT Solutions
|
$30.0
|
Revolver
Replaces existing facility
|
|
|
Wells Fargo Foothill
Lead
|
KMA II, LLC
Provider/Bank Services
|
$25.0
|
Revolver
Young America Capital provided strategic counsel to KMA
|
|
|
GE Commercial Finance
Lead
|
Brook Furniture Rental, Inc.
Provider/Rental Furniture
|
$25.0
|
Revolver
Hilco Capital provided a $7 million junior term loan
|
|
|
Merrill Lynch Capital
Lead
|
MBI Publishing Company LLC
Distributor/Books & Calendars
|
$25.0
|
Revolver
Replaces former facility
|
|
|
Wells Fargo Foothill
Lead
|
Swank, Inc.
Distributor/Accessories
|
$25.0
|
Revolver
Five-year term; replaces former facility with Congress Financial
|
|
|
JP Morgan Chase/Manufacturers and Traders Trust
Co-Lead Lenders
|
Ultralife Batteries, Inc.
Manufacturer/Batteries
|
$25.0
|
$15MM Revolver/$10MM Term Loan
Three-year Revolver/Five-year Term Loan; replaces $15MM Revolver; JP Morgan Lead Arranger
|
|
|
Wells Fargo Foothill
Lead
|
Primedex Health Systems, Inc.
Provider/Diagnostic Imaging Services
|
$23.0
|
Revolver
Part of financial restructuring
|
|
|
American Commercial Capital
Lead
|
Falcon Holdings
Franchisee/Church's Chicken
|
$22.0
|
Revolver
American Commercial Capital is a Wells Fargo Capital Markets business
|
|
|
Bridge Healthcare/Wells Fargo Specialty Finance
Co-Lead Lenders
|
Radnet Management, Inc.
Provider/Diagnostic Imaging
|
$20.0
|
Revolver
Radnet Management is a wholly owned subsidiary of Primedex Health Systems
|
|
|
Citizens Bank of Pennsylvania
Joint Lead Arranger
|
Michael Baker Corporation
Provider/Engineering and Energy Expertise
|
$20.0
|
Revolver
Joins PNC Bank and Fifth Third Bank in $60MM Revolver
|
|
|
GE Capital
Lead
|
Pediatric Services of America, Inc.
Provider/Pediatric Services
|
$20.0
|
$10MM Revolver/$10MM Acquisition Facility
Three-year term; used for working capital & future acquisitions
|
|
|
PNC Business Credit/Silicon Valley Bank
Co-Lead
|
Applied Motion Technologies, Inc.
Designer/Industrial Hydraulic Systems
|
$18.1
|
Revolver
Acquisition financing (Owsosso Corporation)
|
|
|
Comerica Technology and Life Sciences Division
Lead
|
US Labs
Laboratory/Cancer Diagnostic
|
$15.0
|
Revolver/New Equipment
Facility to support the company's rapid growth
|
|
|
Wells Fargo Business Credit
Lead
|
Colonial Commercial Corp.
Provider/Heating & Cooling Products
|
$15.0
|
Revolver
Replaces facility with LaSalle National Bank
|
|
|
Silicon Valley Bank
Lead
|
3D Systems Corporation
Provider/Solid Imaging Products
|
$15.0
|
Revolver
Three-year term
|
|
|
PNC Bank
Lead
|
Champion Parts Inc.
Remanufacturer/Automotive Parts
|
$14.9
|
$14MM Revolver/$900,000 Term Loan
Three-year term; replaces former facility
|
|
|
Back Bay Capital Funding
Lead
|
Ultimate Electronics, Inc.
Retailer/Entertainment Electronics
|
$13.0
|
Term Loan
Fourth amended, restated credit and security agreement with a bank syndicate led by Wells Fargo Retail Finance
|
|
|
Laurus Master Fund
Lead
|
Conversion Services International, Inc.
Provider/Management Consulting
|
$11.0
|
6MM Line of Credit/$5MM Convertible Term Note
Replaces $3MM facility
|
|
|
Whitehall Business Credit
Lead
|
OMNI Energy Services Corp.
Provider/Oilfield Seismic Drilling
|
$11.0
|
$8MM Revolver/$3MM Equipment Term Loan
Refinances existing debt
|
|
|
Bridge Healthcare Finance
Lead
|
Crdentia Corp.
Provider/Health Care Staffing
|
$10.0
|
Term Loan
Three-year term
|
|
|
Fleet Capital
Lead
|
Great Northern Products, Ltd.
Wholesaler/Frozen Seafood
|
$10.0
|
Revolver
New financing relationship
|
|
|
National City Bank
Lead
|
Next Inc.
Retailer/Sportswear
|
$7.0
|
Revolver
Additional $1.75MM investment from GCA Strategic Investment Fund; replaces facility with LaSalle Business Credit
|
|
|
Bank One
Lead
|
iMergent, Inc.
Provider/E-Commerce
|
$5.0
|
Revolver
Two-year term; replaces facility with Zions First National Bank
|
|
|
HSBC Bank of Canada
Lead
|
Twoco Petroleums Ltd.
Provider/Oil & Gas
|
$5.0
|
Revolver
No specific uses have been identified for the finances
|
|
|
Silicon Valley Bank
Lead
|
Evergreen Solar, Inc.
Manufacturer/Solar Power Products
|
$5.0
|
Revolver
One-year term
|
|
|
MidCap Business Credit
Lead
|
Dawson Metal Company
Manufacturer/Sheet Metal Products
|
$2.0
|
$1.6MM Revolver/$400,000 Term Loan
Financing to payoff senior debt, provide working capital
|
|
|
Itasca Business Credit
Lead
|
Insignia System
Provider/In-Store Promotional Products
|
$1.5
|
Revolver
Will provide working capital
|
|
QII 2004 Transactions
|
Citigroup Global Markets
Lead
|
Revlon
Manufacturer/Cosmetics
|
$960.0
|
Revolver
Extends the maturing of much of its debt due in 2005
|
|
|
Wachovia Capital Markets/Banc of America Securities
Co-Lead Arrangers
|
SCANA Corporation
Provider/Electric & Gas
|
$640.0
|
$400MM 5-Year Revolver/$125MM 5-Year Revolver/$125MM 5-Year Revolver
Provided to three of company's subsidiaries
|
|
|
Banc of America Securities/Citigroup Global Mkts
Co-Lead Arrangers
|
United Industries
Manufacturer/Lawn Care Products
|
$510.0
|
$125MM Revolver/$385MM Term Loan
Six/seven-year term; refinancing in conjunction with Nu-Gro acquisition
|
|
|
GE Capital Markets/Credit Suisse First Boston
Joint-Lead Arrangers
|
The Holmes Group
Manufacturer/Small Appliances
|
$425.0
|
$90MM Revolver/$335 Term Loan
Facility consists of first lien debt/second lien debt; GE Comm'l Fin (admin agent) & CSFB (syn agent)
|
|
|
GE Capital Markets
Lead
|
AK Steel Corporation
Manufacturer/Steel
|
$300.0
|
Revolver
Three-year term; GE Comm'l Finance (admin agent)
|
|
|
GE Global Media & Communications Group
Lead
|
Charter Communications, Inc.
Provider/Cable & Broadband Services
|
$248.0
|
Revolver
GE Comm'l Finance (doc agent)
|
|
|
GE Commercial Finance
Lead Arranger/Agent
|
Republic Engineered Products, Inc.
Manufacturer/Special Bar Quaility Steel
|
$200.0
|
Revolver
Five-year term; participants included: UBS Loan Finance, Bank One & Merrill Lynch Capital
|
|
|
GE Global Media
Lead
|
ComCorp/White Knight Broadcasting
Media/Television and Radio
|
$182.5
|
$25MM Revolver/$157.5 million Term Loan B
Closed with a final hold position of $45MM
|
|
|
Banc of America Securities
Lead Arranger
|
Genesco Inc.
Manufacturer/Footwear & Accessories
|
$175.0
|
Revolver
Facility used for Hat World acquisition
|
|
|
Bank of America Business Capital
Lead
|
Bumble Bee Seafoods, LLC
Distributor/Seafood
|
$125.0
|
$90MM Revolver in US/$35MM Revolver in Canada
Secured by the tangible and intangible assets of both Bumble Bee and Clover Leaf
|
|
|
Bank of America Business Capital
Agent
|
Katy Industries, Inc.
Manufacturer/Maintenance Products
|
$110.0
|
$90MM Revolver/$20MM Term Loan
Refinancing
|
|
|
Wells Fargo Foothill/Abelco Finance
Co-Lead Arrangers
|
Evergreen International Aviation, Inc.
Transportation/Airline
|
$100.0
|
$50MM Revolver/$50 MiM Term Loan
Three-year term; replaced existing facility with PNC Bank
|
|
|
CIT
Lead
|
Tropical Sportswear International Corporation
Retail/Clothing
|
$60.0
|
Revolver
Loan and security agreement
|
|
|
Wells Fargo Foothill
Lead
|
Advanced Marketing Services, Inc.
Provider/Publishing Distribution Services
|
$60.0
|
Revolver
Replaces facility provided by other lenders
|
|
|
LaSalle Business Credit/Congress Financial
Co-Lead Arrangers
|
Texas Petrochemicals LP
Producer/Specialty Chemicals
|
$50.0
|
Revolver
Facility is part of $130MM exit financing
|
|
|
Congress Financial
Admin & Collateral Agent
|
Rockford Corporation
Manufacturer/Audio Systems
|
$45.0
|
$42.5MM Revolver/$2.5MM Term Loan
Additional $4MM second lien facility provided by Hilco Capital
|
|
|
PNC Business Credit
Lead
|
Hogan Hardwoods & Moulding, Inc.
Distributor/Building Supplies
|
$40.0
|
$32.5MM Revolver/$5MM Term Loan/$2.5MM Capital Expenditure Line
Finances the acquisition of five sites from Paxton Lumber
|
|
|
Merrill Lynch Capital
Sole Lender
|
The Bekins Company
Provider/Relocation & Specialty Transportation
|
$26.0
|
Revolver
Refinances existing facility
|
|
|
GE Healthcare Financial Services
Lead
|
Amedisys, Inc.
Provider/Home Nursing Services
|
$25.0
|
Revolver
Four-year term; previous lender filed for bankrutpcy
|
|
|
Bank of America Business Capital
Lead
|
Dawson-Forte Cashmere Company
Supplier/Cashmere Garments
|
$25.0
|
Revolver
Refinances existing debt and provides for working capital needs
|
|
|
Comerica Technology and Life Sciences
Lead
|
Rackspace Managed Hosting
Provider/Managed Web-Hosting
|
$25.0
|
Revolver
Continues long-standing relationship with parties
|
|
|
LaSalle Bank
Lead
|
Northstar Aerospace Inc.
Manufacturer/Aerospace Parts
|
$25.0
|
Revolver
Replaces facility with the National Bank of Canada
|
|
|
Bank of America Business Capital
Lead
|
PM Beef Holdings, L.L.C.
Processor/Beef Products
|
$20.5
|
Revolver
Refinances existing debt
|
|
|
Congress Financial
Sole Lender
|
Trailer Bridge, Inc.
Provider/Ocean Freight Shipping
|
$20.0
|
Revolver
Refinancing
|
|
|
Bank of America Business Capital
Lead
|
West Linn Paper Company
Manufacturer/Coated Paper Products
|
$20.0
|
Revolver
Refinancing
|
|
|
GE Commercial Finance
Lead
|
Kentucky Electric Steel, Inc.
Recycler/Steel
|
$15.0
|
Revolver
Three-year term
|
|
|
United Commercial Bank
Lead
|
Applied Optoelectronic
Manufacturer/Laser Diodes & Photodetectors
|
$14.5
|
Revolver
Retires all previous debt
|
|
|
GMAC Commercial Finance
Lead
|
Cybex International
Manufacturer/Exercise Equipment
|
$13.0
|
Term Loan
Five-year term; CIT Group/Business Credit remains working capital and a term loan lender
|
|
|
GMAC Retail Finance Group
Lead
|
J.L. Hammett Co.
Retailer/Educational Materials
|
$10.0
|
Revolver
Facility to fund working capital
|
|
|
Silicon Valley Bank
Lead
|
Larscom Incorporated
Provider/WAN Connectivity
|
$5.0
|
Revolver
Provides flexibility in meeting cash needs
|
|
QI 2004 Transactions
|
Congress Financial/Goldman Sachs
Co-Lead Arrangers
|
BlueLinx Corporation
Manufacturer/Building Materials
|
$700.0
|
Revolver
Acquisition Financing for Cerberus Capital Management (equity investor)
|
|
|
Deutsche Bank Securities/J.P. Morgan Securities
Sole Bookrunner (Revolver)/Joint Bookrunners (Term Loans)
|
Wellman, Inc.
Manufacturer/Textile Polymer Products
|
$625.0
|
$175MM Revolver/$450 Term Loans
Five-year First Lien Term Loan; six-year Second Lien Term Loan
|
|
|
GE Corporate Lending Group
Lead
|
Cummins Inc.
Designer & Manufacturer/Engines
|
$200.0
|
Revolver
Replaces existing credit facility
|
|
|
Wells Fargo Retail Finance
Arranger/Admin Agent
|
Payless ShoeSource, Inc.
Retailer/Footwear
|
$200.0
|
Revolver
Four-year term with optional one-year extension; replaces existing credit facility
|
|
|
Wachovia Bank
Lead
|
CommScope
Manufacturer/Cable for Cable TV
|
$185.0
|
Revolver
Acquisition financing
|
|
|
GE Commercial Finance
Admin Agent
|
Gottschalks Inc.
Retailer/General Merchandise
|
$165.0
|
Revolver
Three-year term
|
|
|
Goldman Sachs Credit Partners
Sole Lead Arranger & Bookrunner
|
Carmike Cinemas, Inc.
Motion Pictures Exhibitor
|
$150.0
|
$50MM Revolver/$100MM Term Loan
Multi-year term
|
|
|
Congress Financial/Banc of America Securities
Co-Lead
|
Atlantic Express Transportation Group, Inc.
Transportation/Airline
|
$145.0
|
$100MM Revolver/$45MM Financing
Exit financing; Rothschild (arranger)
|
|
|
UBS Securities
Lead
|
Massey Energy Company
Producer/Coal
|
$130.0
|
Revolver
Five-year term; replaces existing $80MM facility
|
|
|
Citigroup/Bank of America
Co-Lead Arrangers
|
U.S. Concrete Inc.
Manufacturer/Concrete & Related Products
|
$125.0
|
$100MM Revolver/$25MM Term Loan
Five/three-year term; refinancing
|
|
|
Congress Financial
Collateral Agent
|
Coffeyville Resources Refining & Marketing
Producer/Refined Petroleum Products
|
$121.9
|
$100MM Revolver/$21.9MM Term Loan
Acquisition financing for Pegasus Partners II (equity investor)
|
|
|
Bank One
Lead Arranger
|
Midas, Inc.
Provider/Automotive Services
|
$115.0
|
$55MM Revolver/$60MM Term Loan
Three-year term; participants incl: National City Bank, LaSalle Bank, Bank of America, Harris Bank & Provident Bank
|
|
|
Deutsche Bank
Lead Agent/Sole Bookrunner
|
Switch and Data Facilities Co., Inc.
Provider/Internet Colocation Services
|
$110.0
|
Revolver
Participants included: BNP Parisbas (syn agent) & CIT Group (doc agent)
|
|
|
Bank One
Lead
|
Headwaters, Incorporated
Producer/Petroleum & Coal Products
|
$100.0
|
$50MM Revolver/$50 MiM Term Loan
Refinancing
|
|
|
Congress Financial
Agent
|
Hayes International, Inc.
Producer/Speciality Alloys
|
$100.0
|
Revolver/Term Loan
Multinational, multi-currency facility
|
|
|
Comerica/CIT Business Credit
Admin Agent/Collateral Agent
|
Aspect Communications Corporation
Provider/Enterprise Customer Contact Solutions
|
$100.0
|
Revolver
participants: Fleet, GE Comm’l Finance, Key Bank, & U.S. Bank; replaces existing facility
|
|
|
Congress Financial
Admin Agent
|
Handy & Harman of Canada, Ltd.
Manufacturer/Diversified Industrial Products
|
$93.0
|
Revolver/Term Loan
Additional $71MM Term B Loan provided by Ableco Finance
|
|
|
Wachovia Securities/Congress Financial
Arranger/Agent
|
New York & Company
Retailer/Women's Apparel
|
$90.0
|
Revolver
Additional $75MM Term B Loan provided by Ableco Finance
|
|
|
Manufacturing & Traders Trust
Admin Agent/Sole Book Runner
|
Martek Biosciences Corporation
Manufacturer/Nutritional Products
|
$85.0
|
Revolver
Three-year term; Bank of America (syn agent); SunTrust Bank (doc agent)
|
|
|
Fleet Capital
Lead
|
Haier America Trading, LLC
Manufacturer/Electronic Appliances
|
$75.0
|
Revolver
Refinances existing debt
|
|
|
Wachovia Bank
Lead
|
NationsRent, Inc.
Provider/Equipment Rental
|
$75.0
|
Revolver
Replaces $150MM exit financing provided by Wachovia
|
|
|
Congress Financial
Admin & Collateral Agent
|
United Road Services, Inc.
Transporter/Automobiles
|
$65.0
|
$57MM Revolver/$8MM Term Loan
Term loan provided by Gordon Brothers; replaces facility with GE
|
|
|
Wells Fargo Foothill
Lead
|
Formica Corporation
Manufacturer/Surfacing Materials
|
$65.0
|
Revolver
Exit financing
|
|
|
Congress Financial
Admin & Collateral Agent
|
Canadian General
Manufacturer/Vinyl Materials
|
$61.0
|
$50MM Revolver/$11MM Term Loan
Term loan includes $4.5MM CAPEX facility
|
|
|
Fleet Capital
Lead Arranger
|
Doskocil Manufacturing Company, Inc.
Manufacturer/Pet Containment Products
|
$61.0
|
$40MM Revolver/$21MM Term B Loan
Refinances existing debt
|
|
|
CIT Business Credit
Lead
|
G+G Retail, Inc.
Retailer/Junior Apparel
|
$50.0
|
Revolver
Facility is part of company's restructuring; Madeleine also participated in facility
|
|
|
Wells Fargo Foothill
Lead
|
Bentley Systems, Inc.
Provider/Architectural & Engineering Software
|
$50.0
|
Revolver
Four-year term; facility provides for increase to $75MM under certain conditions
|
|
|
Bank of Texas/Hibernia Bank
Co-Lead
|
Comfort Systems USA, Inc.
Provider/HVAC Services
|
$50.0
|
$40MM Revolver/$10MM Term Loan
Three/five-year term; replaces facility led by GE Capital
|
|
|
GE Healthcare Financial Services
Lead
|
Omega Healthcare Investors, Inc.
REIT/Long-Term Care
|
$50.0
|
Revolver
Four-year term; acquisition credit line
|
|
|
Fleet Capital
Lead
|
Bayou Steel Corporation
Manufacturer/Structural Steel
|
$45.0
|
Revolver
Refinanced DIP facility
|
|
|
LaSalle Bank/U.S. Bank
Co-Lead Arrangers
|
Fresh Brands, Inc.
Retailer/Grocer
|
$40.0
|
Revolver
Three-year term; facility replaces $35MM unsecured facility
|
|
|
Congress Financial Canada
Lead
|
SMTC Corporation
Provider/ Electronic Manufacturing Services
|
$40.0
|
Revolver
Three-year term
|
|
|
Fleet Capital
Lead
|
American Biophysics Corporation
Manufacturer/Mosquito Abatement Technology
|
$35.0
|
Revolver
Company also secured $35MM in private equity financing from DLJ Growth Partners
|
|
|
GE Business Credit
Lead
|
Varsteel, Ltd.
Supplier/Steel Components
|
$30.0
|
Revolver
Facility to fund working capital
|
|
|
Wells Fargo Foothill
Lead
|
Midway Games, Inc.
Manufacturer/Video Games
|
$30.0
|
$15MM Revolver/$15MM Term Loan
Five-year term
|
|
|
CIT Business Credit Canada/GE Canada Finance
Co-Lead
|
Norambar, Inc.
Manufacturer/Steel bars
|
$30.0
|
Revolver
Three-year term
|
|
|
GE Business Credit
Lead
|
The Thomas Kinkade Company
Manufacturer/Art Reproductions
|
$25.0
|
Revolver
Three-year term; facility funded buy-out by Thomas Kinkade (artist)
|
|
|
Congress Financial
Lead
|
Reptron Electronics, Inc.
Manufacturer/Electronics
|
$25.0
|
Revolver
Exit financing
|
|
|
Fleet Capital
Lead
|
Florida Tiles Industires, Inc.
Manufacturer/Flooring Materials
|
$24.5
|
Revolver
Refinancing; MMP Capital Partners (equity sponsor)
|
|
|
Harris Trust
Lead
|
Nobel Learning Communities, Inc.
Provider/Educational Services
|
$23.0
|
Revolver
Replaces $20MM facility
|
|
|
GE Capital
Lead
|
Pediatric Services of America, Inc.
Provider/Pediatric Services
|
$20.0
|
$10MM Revolver/$10 Acquisition Facility
Three-year term; used for working capital & future acquisitions
|
|
|
PNC Business Credit/Silicon Valley Bank
Co-Lead
|
Applied Motion Technologies, Inc.
Designer/Industrial Hydraulic Systems
|
$18.1
|
Revolver
Acquisition financing (Owosso Corporation)
|
|
|
LaSalle Business Credit
Lead
|
Delphax Technologies, Inc.
Manufacturer/Printing Equipment
|
$13.7
|
$12.5 MMRevolver/$1.2MM Term Loan
Three-year term
|
|
|
GE Business Credit
Lead
|
Remet Corporation
Manufacturer/Industrial Waxes & Ceramics
|
$11.7
|
Revolver
Acquisition financing & working capital
|
|
|
Whitehall Business Credit
Lead
|
OMNI Energy Services Corp.
Provider/Oilfield Seismic Drilling
|
$11.0
|
$8MM Revolver/$3MM Equipment Term Loan
Refinances existing debt
|
|
|
Wells Fargo Business Credit
Lead
|
Kitty Hawk, Inc.
Transportation/Airline
|
$10.0
|
Revolver
Three-year term
|
|
|
Fleet Capital
Lead
|
Great Northern Products, Ltd.
Wholesaler/Frozen Seafood
|
$10.0
|
Revolver
New financing relationship
|
* Deal Size in Millions
|
