Data gathered from direct sources, news releases and other public information — covers 1/01/08 through 3/31/08
|
LENDER(S) & ROLE |
BORROWER / INDUSTRY |
AMOUNT* |
STRUCTURE & NOTES |
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| QI 2008 Transactions | |||
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Wachovia Capital Finance Lead Arranger, Admin Agen |
Olin Metals Manufacturer/Copper, Brass Products |
$575.0 |
Revolver |
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GE Corporate Lending Lead Lender |
Esmark Inc Producer/integrated Steel |
$500.0 |
Revolver Replaces previous debt |
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GE Media, Communications & Entertainment Admin Agent |
Mobilitie Partners LLC Owner/Telecommunications Towers |
$425.0 |
Revolver GE Capital Markets, TD Securities: joint bookrunners, joint lead arrangers |
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Bank of America Business Capital Lender |
Boise Cascade LLC Manufacturer/Engineered Wood Products |
$350.0 |
Revolver Banc of America Securities: underwriter |
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Wells Fargo Bank and Fortis Merchant Banking Lender |
Pioneer Drilling Company Provider/Land Contract Drilling Service |
$350.0 |
Revolver Five-year term/Supports The Wedge Companies acquisition |
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GE Corporate Lending Lender |
Lord & Taylor Retailer/Department Store |
$300.0 |
Revolver Five-year term |
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GE Corporate Lending Lead Lender |
EaglePicher Corp Manufacturer/Advanced Technologies, Industrial Products |
$265.0 |
Cash Flow Facility GE Capital Markets: arranger/Supports company recap |
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GMAC Commercial Finance Lender |
Dan River Inc Designer/Textile Products |
$255.0 |
$55MM Revolver/$200MM Factoring Facility |
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RBC Capital Markets Underwriter |
Allen-Vanguard Corp Provider/Hazardous Device Protection Solutions |
$250.0 |
$50MM Revolver/$200MM Term Loan Three-year term |
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CIT Group Lender |
Wyle Labrotories Inc. Integrator/Federal Systems |
$230.0 |
Revolver CIT Aerospace & Defense Finance: joint lead arranger, joint lead bookrunner, syndication agent |
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GE Corporate Lending Lender |
International Automotive Components Group North America Inc Supplier/Automotive Parts |
$200.0 |
Revolver GE Capital Markets: arranger |
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Bank of America Business Capital Lender |
Salton Inc Distributer/Appliances, Pet, Personal Care Products |
$200.0 |
Revolver Banc of Securities: syndicator/Supports merger with APN Holding Company |
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Bank of America Agent |
Multi-Color Corporation Provider/Decorating Solutions |
$200.0 |
Revolver Five-year term/Supports Collotype International Holdings acquisition |
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GE Corporate Lending Lender |
Steve & Barry's Retailer/Apparel, Accessories |
$197.0 |
Revolver GE Capital Markets: arranger |
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Wachovia Capital Finance Lead Arranger, Admin. Agent |
National Dairy Holdings LP Processor/Dairy Products |
$190.0 |
Revolver |
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Wachovia Capital Finance Lead Arranger, Admin. Agent |
Remington Arms Company Inc Manufacturer/Rearms, Ammunition |
$180.0 |
Revolver |
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Wachovia Capital Finance Lead Arranger, Admin. Agent |
Transmontaigne Inc Distributor/Refined Petroleum Products |
$175.0 |
Revolver |
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Bank of America Business Capital Lender |
Longview Fibre Paper and Packaging Inc Manufacturer/Specialty Paper, Containers |
$170.0 |
Revolver Banc of America Securities: syndicator |
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GE Healthcare Financial Services Lender |
Odyssey HealthCare Inc Operator/Medicare-certified Hospice Care Locations |
$160.0 |
Revolver Supports acquisition of VistaCare |
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RBC Capital Markets, GE Corporate Lending Joint Lead Arrangers, Bookrunners |
Switch & Data Facilities Company Inc Provider/Internet Exchange, Colocation Services |
$157.0 |
$15MM Revolver/$142.5MM Term Loans Royal Bank of Canada: admin. agent |
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WestLB Lender |
Horizon Technology Finance LLC Provider/Funds to Life Science, Technology Companies |
$150.0 |
$150MM Revolver Compass Group Investments provided additional $50MM |
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GE Capital Lender |
Odyssey HealthCare Inc Provider/Hospice Care |
$150.0 |
$30MM Revolver/$120MM Term Loan Supports VistaCare, Inc. acquisition/Revolver: five-year term; Term Loan: six-year term |
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BMO Capital Markets Lead Arranger |
DG FastChannel Inc Provider/Digital Media Services |
$145.0 |
$30MM Revolver/$115MM Term Loans Six-year term/Participants: Wachovia, Webster Bank, Citibank, Fifth Third, First Tennessee, First Bank, Bank of the West |
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RBS Greenwich Capital/RBS Citizens Sole Lead Arranger/Admin Agent |
Gerber Scientific Inc Supplier/Automated Manufacturing Systems |
$125.0 |
Revolver Five-year term/Sovereign Bank: documentation agent; JP Morgan, HSBC, Merrill Lynch, Bank of America participated |
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GE Corporate Lending Lender |
Winner Steel Inc Producer/Galvanized Steel |
$115.0 |
Revolver GE Capital Markets: arranger/Deal Source: Novolipetsk Steel, Duferco Group |
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GE Corporate Lending Lender |
MAG Industrial Automation Systems Group Manufacturer/Machine Tools, Systems |
$110.0 |
Revolver GE Capital Markets: arranger |
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Bank of America, Wells Fargo Retail Finance Lenders |
Duckwall-ALCO Stores Inc Operator/Discount Retailer |
$110.0 |
Revolver Three-year term/Replaces previous debt |
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J.P. Morgan Securities, JPMorgan Chase Bank Sole Lead Arranger, Sole Bookrunner |
Griffon Corp Manufacturer/Garage Doors |
$100.0 |
Revolver |
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SunTrust Robinson Humphrey/SunTrust Bank Sole Lead Arranger, Book Manager/Admin Agent |
JTH Tax Inc (d/b/a Liberty Tax Service) Provider/Retail Tax Preparation |
$100.0 |
Revolver Five-year term/Participants: Wachovia, BofA, RBC Centura Bank, BB&T, Citizens, Commerce, First Tennessee, Comerica, Second Bank & Trust |
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KeyBank Lender |
Cogdell Spencer Inc Investor/Specialty Medical Office Buildings |
$100.0 |
Term Loan BofA arranged $150 credit line/Supports acquisition of Marshall Erdman and Associates |
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KeyBank Lender |
Concord Debt Holdings LLC Provider/Joint Venture Debt |
$100.0 |
Revolver |
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Bank of America Business Capital Lender |
Nautilus Inc Provider/Fitness Products |
$100.0 |
Revolver Five-year term |
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National City Business Credit Lender |
Filene's Basement Inc Retailer/Excess Merchandise |
$100.0 |
Revolver |
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Bank of America Syndicator, Lender |
Nautilus Inc Provider/Fitness Products |
$100.0 |
Line of Credit Five-year term |
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Bank of America Lender |
Nautilus Inc Provider/Fitness Products |
$100.0 |
Revolver Five-year term/Replaces previous facility |
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Bank of America Lender |
Nautilus Inc Provider/Fitness Products |
$100.0 |
Revolver Five-year term/Replaces previous facility |
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GE Corporate Lending Lender |
Rand Logistics Inc Provider/Bulk Freight Shipping Services |
$98.7 |
U.S./Canadian facilities GE Capital Markets: arranger |
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GE Healthcare Financial Services Lender |
EKR Therapeutics Inc Provider/Specialty Pharmaceutical Products |
$95.0 |
$15MM Revolver/$80MM Term Loan A |
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National Amusements Lender |
Midway Games Inc Developer/Interactive Entertainment Software |
$90.0 |
Revolver Replaces previous facility with Wells Fargo Foothill |
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KeyBanc Capital Markets Arranger |
Kratos Defense and Security Solutions Inc Provider/Engineering, Security, Surveillance, IT, War Fighter Solutions |
$85.0 |
Revolver Supports Haverstick Consulting acquisition |
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PNC Capital Markets Lead Lender |
GSI Commerce Inc Provider/E-commerce Solutions |
$75.0 |
Revolver Participants: Bank of America (syndication agent), HSBC Bank, Sovereign Bancorp/Five-year term |
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CapitalSource Lender |
American Laser Centers Inc Provider/Laser Hair Removal, Aesthetic Services |
$70.0 |
Revolver/Term Loan Deal Source: Code Hennessy & Simmons LLC and Edgewater Capital Partners |
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PNC Bank Lead Syndicator, Lender |
The Blossman Companies Inc Distributor/Propane |
$70.0 |
$60MM Revolver/$10MM Term Loan |
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Bank of America Business Capital Lender |
Summit Electric Supply Co Inc Distributor/Electrical Materials |
$60.0 |
Revolver |
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Ares Capital Lead Arranger |
Campus Management Corp Provider/Administrative Software Solutions |
$59.0 |
Revolver/Term Loans Deal Source: Leeds Equity Partners |
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GE Media, Communications & Entertainment Admin. Agent |
Reading International Inc Operater/Multiplex Cinemas |
$55.0 |
Acquisition Financing GE Capital Markets: sole lead arranger/Support cinema acquisitions |
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GE Media, Communications & Entertainment Admin Agent |
ENK International Organizer/Fashion Industry Tradeshow |
$55.0 |
Revolver |
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U.S. Bank, Wells Fargo Syndicators |
Westaff (USA) Inc Provider/Staffing Services |
$50.0 |
Revolver Five-year term/Replaces previous debt with GE Capital, BofA |
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GE Healthcare Lender |
The Ensign Group Inc Provider/Skilled Nursing, Rehab Services, Assisted Living |
$50.0 |
Revolver |
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Ares Capital Sole Lead Arranger, Admin Agent |
Wyle Labs Contractor/Government Services |
$50.0 |
Second Lien Term Loan Supports RS Information Systems acquisition |
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WestLB Sole Arranger, Bookrunner, Admin Agent |
Nova Biosource Fuels Inc Provider/ASTM Standard Biodiesel |
$41.0 |
$36MM Construction Loan/$5MM Working Capital Facility |
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GE Franchise Finance Lender |
Back Bay Restaurant Group Inc Operator/Restaurants |
$40.0 |
$15MM Revolver/$25MM Term Loan |
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KeyBank Lender |
Comstock Homebuilding Companies Inc Operator/Real Estate Development Firm |
$40.0 |
Revolver Three-year term/Supports refinancing |
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GE Media, Communications & Entertainment Sole Lender, Admin Agent |
GAPWEST Broadcasting LLC Owner/Radio Stations |
$33.0 |
Revolver |
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Wachovia Capital Finance Sole Lender |
Von Weise Inc Manufacturer/AC/DC Motors, Blowers, Actuators |
$32.5 |
Revolver/Term Loan |
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PNC Bank Lender |
Findlay Industries Inc Supplier/Auto, Truck Interior Parts |
$30.0 |
Revolver Refinances previous debt |
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Burdale Financial Lender |
Corgi International Limited Provider/Collectibles, Gifts, Toys |
$30.0 |
Revolver Three-year term |
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Golub Capital Lender |
Missouri Metals LLC Manufacturer/Specialty Metal Components |
$27.5 |
Revolver Deal Source: Metal Spinners |
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Wachovia Capital Finance Sole Lender |
Elyria Foundry Co Manufacturer/Metal Casting |
$25.0 |
Revolver |
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JP Morgan Chase Bank Lender |
Almost Family Inc Operates/Home Health Branches |
$22.5 |
Revolver Supports Apex Home Healthcare Services acquisition |
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Monroe Capital Agent |
Gulf Coast Machine & Supply Co Inc Provider/Forgings |
$21.0 |
Term Loan Supports company recap by Industrial Opportunity Partners |
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Oxford Finance Lead Lender |
Aerovance Inc Operator/Biopharmaceuticals |
$20.0 |
Venture Debt Silicon Valley Bank, Comerica Bank participated |
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Wachovia Bank Lender |
Kowabunga Inc Provider/Interactive Advertising Networks, Platforms |
$20.0 |
$15MM Revolver/$5MM Term Loan |
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GE Healthcare Financial Services Lender |
Helicos BioSciences Corp Provider/Genetic Analysis Technologies |
$20.0 |
Revolver |
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Wachovia Capital Finance Sole Lender |
Louis Hornick & Co Inc Provider/Forgings |
$18.6 |
Revolver/Term Loan Manufacturer/Window Treatments |
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Wachovia Capital Finance Sole Lender |
Wakefield Thermal Solutions Inc Manufacturer/Aluminum Extrusions |
$18.0 |
Revolver/Term Loan |
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PNC Bank Lender |
Engineered Machined Products Inc Producer/Engine Cooling Pumps |
$17.0 |
Revolver Refinances previous debt |
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The Patriot Group Lender |
Merchant Cash and Capital LLC Provider/Merchant Advance Services |
$17.0 |
Revolver Two-year term |
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GE Healthcare Financial Services Lender |
CryoLife Inc Provider/Implantable Living Human Tissue Processing |
$15.0 |
Revolver |
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CIT Commercial Services Sole Lender |
Winery Exchange Inc Provider/Premium Beverage Alcohol Brands |
$15.0 |
Revolving Credit Line |
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Key Bank Lender |
Aldila Inc Provider/Graphite Golf Shafts |
$15.0 |
Revolver/Term Loan Five-year term |
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PNC Bank Lender |
Visador Holding Corp and subsidiaries Holding Company |
$14.0 |
Revolver Refinances existing debt |
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PNC Bank Lender |
Aacer Flooring LLC Producer/Flooring Products |
$14.0 |
Revolver |
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PNC Bank Lender |
Wolf River Lumber Inc Producer/Lumber |
$13.0 |
Revolver |
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Wachovia Capital Finance Sole Lender |
Agrifos Fertilizer Inc Manufacturer/Fertilizer |
$13.0 |
Revolver Manufacturer/Window Treatments |
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PNC Bank Lender |
Cord Crafts Inc Supplier/Artificial Plants, Flowers, Arrangements |
$13.0 |
$12MM Revolver/$1MM Term Loan Deal Source: Crystal Ridge Partners |
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PNC Bank Lender |
The Hines Group Inc and subsidiaries Holding Company |
$12.0 |
$6MM Revolver/$6MM Term Loan Refinances existing debt |
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Wachovia Capital Finance Sole Lender |
Acushnet Rubber Co Manufacturer/Engineered Elastomeric Components |
$11.0 |
Revolver Manufacturer/Window Treatments |
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PNC Bank Lender |
Workspace Outfitters Inc Provider/Remanufactured Office Furniture |
$10.7 |
$10MM Revolver/$.7MM Term Loan Supports Smart Office Advisors and Modular Manufacturing Holdings acquisitions |
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Silicon Valley Bank Lender |
SatCon Technology Corp Manufacturer/Electronics, generators/motors |
$10.0 |
Revolver |
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Wells Fargo Business Credit Lender |
Sportexe Construction Services Supplier/Official Turf System |
$10.0 |
Credit Line Owner, Insight Equity, negotiated deal |
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GE Healthcare Lender |
Archus Orthopedics Developer/Reconstructive Implants |
$10.0 |
Revolver |
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Bridge Finance Group Lender |
ArborCraft LLC Manufacturer/Hardwood Flooring |
$9.0 |
Revolving Credit Line |
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PNC Bank Lender |
Epperson Lumber Sales Inc Distributor/Specialty Lumber |
$8.5 |
Revolver |
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CIT Commercial Services Sole Lender |
K/P Corp Provider/Marketing Solutions |
$8.0 |
Revolving Credit Line/Term Loan |
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Wachovia Capital Finance Sole Lender |
USfalcon Inc Provider/IT, Engineering Services |
$8.0 |
Revolver |
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Wachovia Capital Finance Sole Lender |
Raritan Computer Inc Provider/KVM products, Power, Server, Network Monitoring |
$6.5 |
Revolver |
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Burdale Capital Finance Lender |
Avon Automotive Supplier/Low-Pressure Rubber, Plastic Hoses |
$6.5 |
Revolver |
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Wachovia Capital Finance Sole Lender |
The Muralo Company Inc Manufacturer/Paint |
$6.0 |
Revolver/Term Loan |
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Green Bank Lender |
SPACEHAB Inc Provider/Products, Services to Space Industry |
$6.0 |
$2MM Revolver/$4MM Term Loan Three-year term/Supports company restructuring |
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Marquette Business Credit Lender |
Symons Frozen Foods Inc Processor/Frozen Berries, Peas, Corn |
$5.7 |
Revolving Credit Line |
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PNC Bank Lender |
Cascade Metal Forming Inc N/A |
$5.5 |
$3MM Revolver/$2MM Term Loan/.5MM CAPEX Facility Supports Tri-Fab Associates acquisition |
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Bank of America Lender |
GSE Systems Inc Provider/Training Simulators, Educational Solutions |
$5.0 |
$3.5MM Foreign A/R/$1.5MM Domestic A/R Replaces Laurus Master Funds line of credit |
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Proficio Bank Working Capital |
The Moving Station Lender Provider/Relocation Services |
$5.0 |
Revolving Credit Line |
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New Stream Capital Lender |
Paul Frank Industries Inc Designer, Retailer/Apparel |
$5.0 |
Term Loan |
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Wells Fargo Business Credit Lender |
Patrick Hackett Hardware Company Operator/Department Store |
$5.0 |
Credit Line |
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International Bank of Commerce Lender |
Vaughan Foods Inc Provider/Vegetables, Fruit products, Prepared Foods |
$5.0 |
Revolver Three-year term |
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Bridge Business Bancorp Lender |
Olhausen Billiard Manufacturing Inc Manufacturer/Billiard Tables |
$4.5 |
Revolver |
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Capital TempFunds Lender |
Kineticom Inc Provider/Staffing Talent |
$4.0 |
Revolver |
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MMV Financial Lender |
Pivot Inc Provider/Real-Time Collaboration Network |
$3.0 |
Revolver |
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Proficio Bank Lender |
American Escrow and Closing Company Provider/Domestic, International Relocation Assistance |
$3.0 |
Credit Line |
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Keltic Financial Partners Lender |
EP MedSystems Inc Lender Manufacturer/Cardiac Rhythm Management Products |
$3.0 |
$1.5MM Revolver/$1.5MM Term Loan Three-year term |
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Marquette Business Credit Lender |
Continuum Transportation Services Inc Provider/Logistics Services |
$2.5 |
Revolver |
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Silicon Valley Bank Lender |
Global Telecom & Technology Inc Operator/Multi-Network |
$2.0 |
Revolver |
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Marquette Commercial Finance Lender |
US Standard Enterprise Corp Distributor/Pasteurized Crabmeat, Frozen Sea Bass |
$2.0 |
Revolver |
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Moriah Capital Lender |
Optimira Energy Inc Provider/Energy Services |
$2.0 |
Revolving Line of Credit |
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Integra Bank Lender |
Beacon Enterprise Solutions Group Inc Provider/Technology, Telecommunications Services |
$1.1 |
$.6MM Term Loan/$.5MM Credit Line Supports Dataside acquisition |
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Finexcorp Lender |
Lyrtech Inc Manufacturer/Digital Signal Processing Solutions |
$1.1 |
A/R Facility |
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* Deal Size in Millions |
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To have your company's transactions listed on our Notable Transactions Chart and included in abfjournal's Daily News Headlines, contact Stuart Papavassiliou at sppapa@abfjournal.com or 610.293.1300 x124