LENDER(S) & ROLE
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BORROWER / INDUSTRY
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AMOUNT*
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STRUCTURE & NOTES
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QIII 2008 Transactions
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JPMorgan Chase/Bank of America
Admin Agent, Collateral Agent/Syn Agent
|
Office Depot Inc
Retailer/Office Productss
|
$1.3B
|
Revolver
Citibank, Wachovia, GE were documentation agents/Replaces previous facility |
|
Bank of America Business Capital
Co-Agent
|
United Rentals Inc
Provider/Equipment Rentals
|
$1.3B
|
Revolver
Banc of America Securities led the syndication |
|
Wachovia Capital Finance
Co-Lead Arranger, Administrative Agent
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Vistar Corporation
Distributor/Food Products
|
$1.1B
|
Revolver |
|
Bank of America
Sole Lead Arranger, Admin Agent
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Genesee & Wyoming Inc
Operator/Short Line, Regional Railroads
|
$570.0
|
$300MM Revolver/$270MM Term Loans
Five-year term/Supports Ohio Central Railroad System acquisition |
|
PNC Capital Markets, JP Morgan Securities, RBS Greenwich Capital
Co-Lead Arrangers
|
Wabtec Corp
Provider/Rail, Transit Technology Products, Services
|
$500.0
|
Revolver/Term Loan
Supports acquisition of Standard Car Truck |
|
Wachovia Capital Finance
Lead Arranger, Administrative Agent
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Maxim Crane Works LP
Provider/Crane Rentals
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$500.0
|
Revolver |
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JPMorgan Securities
Lead Arranger, Sole Bookrunner
|
Henry Schein Inc
Distributor/Healthcare Products, Services
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$400.0
|
Revolver
Maturity: September 2013 |
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JPMorgan Chase/Comerica Bank
Admin Agent/Collateral Agent
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Media Rights Capital
Operator/Film, TV, Digital Studio
|
$350.0
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Revolver
Three-year term/BofA, Union Bank, Citibank, RBS, CIT, U.S. Bank, City National Bank, First California Bank participated |
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Wachovia Bank/Bank of America/U.S. Bank
Admin Agent/Syn Agent/Doc Agent
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Pediatrix Medical Group Inc
Provider/Neonatal, Pediatric Physician Subspecialty Services
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$350.0
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Revolver
Five-year term/Wachovia Capital Markets: joint lead arranger, sole bookrunner/Banc of America Securities: joint lead arranger |
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CIT Business Credit Canada/JPMorgan Chase Bank
Co-Lead Arrangers
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Catalyst Paper Corp
Producer/Specialty Papers, Newsprint
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C$330.0
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Revolver
Five-year term/CIT Business Credit Canada: agent/Replaces previous C$350MM facility |
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Bank of America Securities/Wells Fargo/The Bank of Nova Scotia/Wachovia
Joint Lead Arrangers, Joint Book Managers
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Bally Technologies Inc
Provider/Slots, Video Machines, Casino Management Systems
|
$300.0
|
$75MM Revolver/$225MM Term Loan
Four-year term/Refinances existing term loan |
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GE Capital
Lender
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Perfumania Holdings Inc
Retailer/Fragrances
|
$250.0
|
Revolver
Supports acquisition of Model Reorg |
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JPMorgan Chase Bank
Administrative Agent
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Crusader Energy Group Inc
Provider/Oil, Gas
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$250.0
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Second Lien Term Facility
Five-year term/Replaces existing $30MM second lien term facility with UnionBanCal Equities |
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CIT Group
Lender
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Vision Logistics Holding Corp
Provider/Oil, Gas Transportation Services
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$190.0
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Revolver
Supports reorganization |
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JP Morgan
Lead Lender
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Entertainment One Ltd
Provider/Entertainment Content
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$150.0
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Revolver
Bank of America, Barclays and Toronto Dominion Bank also participated |
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PNC Bank
Agent, Lender
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Federated Investors Inc
Investment Manager
|
$140.0
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Term Loan
Three-year term |
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Regions Business Capital
Lead Arranger, Admin Agent, Sole Bookrunner
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Angelica Corp
Provider/Textile Rental, Linen Mgt Services
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$138.0
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$100MM Revolver/$38MM Term Loan
Supports Angelica Corp acquisition by Lehman Brothers Merchant Banking |
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GE Commercial Finance
Lead Arranger
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Selig Sealing Products Inc
Manufacturer/Cap, Closure Lining Materials
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$125.0
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Revolver
Supports Unipac acquisition/Madison Capital Funding, BMO Capital Markets participated |
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CIT Energy
Sole Lead Arranger
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Arcadia Gas Storage LLC
Operator/Salt Dome Natural Gas Storage
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$125.0
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Revolver
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American Capital
Co-syndication Agent, Lead Investor
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YORK Label
Provider/Pressure Sensitive Labels
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$110.0
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Senior Debt/Mezzanine Debt
Supports acquisition by Diamond Castle Holdings |
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Wells Fargo Foothill
Lender
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Wall Street Systems Inc
Provider/Treasury, Trading, Settlement Solutions
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$105.0
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Revolver
Golub Capital participated |
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Ableco Finance
Lender
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Mahalo Energy Ltd
Producer/Natural Gas
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$105.0
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$65MM Revolver/$40MM Term Loans
Four-year term |
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Ares Capital
Lead Arranger
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Vantage Oncology Inc
Operator/Radiation Oncology Centers
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$100.0
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Term Loan
Supports future acquisitions |
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Bank of America/JPMorganChase/Textron Financial
Lead Lenders
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Covenant Transportation Group Inc
Holding Company/Transportation Providers
|
$85.0
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Revolver |
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HSBC Bank Canada
Lender
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Redcorp Ventures Ltd
Provider/Mineral Exploration, Development
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$85.0
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Non-Revolving Loan
Replaces previous $64MM facility from HSBC Bank Canada |
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Wachovia Capital Finance
Co-Lead Arranger, Syndication Agent
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Zeledyne LLC
Manufacturer/Auto, Commercial Glass
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$80.0
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Revolver |
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GE Capital Solutions, Commercial Distribution Finance
Lender
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Intelligent Decisions Inc
Provider/IT Solutions
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$75.0
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Credit Line
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GE Healthcare Financial Services
Sole Lead Arranger, Sole Bookrunner, Administrative Agent
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The Schumacher Group
Provider/Emergency Medicine Management
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$75.0
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Revolver
|
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Bank of America Business Capital
Lender
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Sport Chalet Inc
Operator/Sporting Goods Chain
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$70.0
|
Revolver
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CIT Energy
Sole Lead Arranger
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Petro Resources Corp
Operator/Oil, Natural Gas Company
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$65.0
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$50MM Revolver/$15MM Second Lien Term Loan
Supports payoff of debt from Williston Basin acquisition |
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CIT Capital Securities
Sole Lead Arranger, Sole Bookrunner
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Petro Resources Corp
Producer/Oil, Natural Gas
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$65.0
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$50MM Revolver/$15MM Second Lien Term Loan |
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PNC Bank
Lender
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Torqued-Up Energy Services Inc
Provider/Oilfield Services
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$60.0
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Revolver
Supports acquisition of Cougar Pressure Control |
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Wells Fargo Foothill Lender Finance
Arranger
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Hercules Technology Growth Capital Inc
Provider/Venture Debt, Equity
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$50.0
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Revolver
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CIT
Lead Arranger
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Delta Rigging & Tools Inc
Provider/Wire Rope, Rigging, Lifting Equipment
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$50.0
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Revolver
Supports acquisition by Austin Ventures |
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Texas Capital Bank
Lender
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EnerJex Resources Inc
Provider/Oil, Natural Gas
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$50.0
|
Revolver
Three-year term |
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GMAC Commercial Finance
Documentation Agent
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UMA Enterprises Inc
Importer/Home Decor Products
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$48.0
|
Revolver
Supports acquisition by Long Point Capital |
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CIT Group
Lead Arranger
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Pocket Communications
Provider/Wireless, Voice Data Services
|
$45.0
|
Revolver
CIT Communications Media & Entertainment: agent |
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Bank of America Business Capital
Lender
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The NutraSweet Co
Producer/Aspartame
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$40.0
|
$25MM Revolver/$15MM Term Loan
Refinances existing debt |
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U.S. Bank, Bank of the West
Agent, Lender/Lender
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GameTech International Inc
Manufacturer/Computerized Gaming Equipment
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$40.0
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Revolver
Refinances existing corporate debt |
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Bank of America Business Capital
Lender
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Big M Inc
Retailer/Women's Apparel
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$40.0
|
Revolver
Refinances existing debt |
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Wachovia Capital Finance
Agent, Lender
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Kinergy Marketing LLC
Provider/Ethanol Marketing
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$40.0
|
Revolver
Three-year term/Wachovia Capital Markets was sole lead arranger, bookrunner |
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Wachovia Capital Finance
Sole Lender
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Norwood Promotional Products Inc
Supplier/Promotional Products
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$40.0
|
Revolver |
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PNC Bank
Lender
|
APAC Customer Services, Inc
Provider/Customer Care Services
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$40.0
|
Revolver |
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Wells Fargo Foothill and Gladstone Capital
Lender
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VantaCore Partners LP
Buyer/Aggregate Businesses
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$39.0
|
First, Second Lien Loans
Supports Southern Aggregates acquisition |
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Wells Fargo Retail Finance
Lender
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Papyrus
Retailer/Greeting Cards, Stationery, Gifts
|
$35.0
|
Revolver |
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Scotia Capital, Goldman Sachs, Credit Suisse
Arrangers
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Aircell LLC
Provider/Airborne Communications
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$35.0
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Term Loan |
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Healthcare Finance Group
Lender
|
Prime Healthcare Services Inc
Operator/Acute Care Hospitals
|
$34.0
|
Revolvers
Supports acquisition of four hospitals |
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Steel City Capital Funding
Lender
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Geotrace Technologies Inc
Provider/Oil, Gas Reservoir Services Solutions
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$30.0
|
$12MM Revolving Credit Line/$18MM Term Loan |
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TD Banknorth
Lender
|
Cyalume Light Technologies Inc
Provider/Safety Training Products
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$30.0
|
$5MM Revolver/$20MM Term Loan/$5MM Mortgage Loan
Revolver; Three-year term/Term, mortgage loan: Five-year terms |
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Wachovia Capital Finance
Sole Lender
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McGregor Golf Co
Manufacturer/Golf Clubs, Apparel
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$30.0
|
Revolver |
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Wachovia Capital Finance
Sole Lender
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South Texas Shrimp Processors Inc
Processor/Shrimp
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$30.0
|
Revolver/Term Loan |
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Wells Fargo Foothill
Lender
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Bluegreen Corp
Provider/Colorful Places to Live and Play
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$30.0
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Revolving Credit Line
Facility matures on December 31, 2010 |
|
CIT Group
Joint Lead Arranger
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Southern California Pizza Co
Operator/Restaurants
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$29.3
|
Revolver/Term Loan
Supports acquisition of 123 Pizza Hut restaurants/Deal Source: Sentinel Capital Partners |
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Sovereign Business Capital
Lender
|
North American Propane Inc
Operator/Energy Companies
|
$29.2
|
$25MM Revolving Credit Line/$2.7MM Term Loan/$1.5MM Equipment Credit Line |
|
PNC Bank
Lender
|
Banner Aerospace Holding Company I Inc
Distributor/Aircraft Parts
|
$28.0
|
Revolver
Refinances existing facility/Supports acquisition |
|
GE Healthcare, Silicon Valley Bank
Lenders
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Poniard Pharmaceuticals Inc
Provider/Biopharmaceuticals
|
$27.6
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Term Loan
Term: 42 months |
|
First Victoria National Bank
Lender
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Mitcham Industries Inc
Supplier/Geophysical Equipment
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$25.0
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Revolver
Two-year term |
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Canadian Imperial Bank of Commerce
Lender
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Fraser Papers Inc
Producer/Packaging, Printing Papers
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$25.0
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Term Loan
One-year term |
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Wells Fargo Bank
Lender
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Winnebago Industries Inc
Manufacturer/Motor Homes, Products
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$25.0
|
Revolver
Two-year term |
|
PNC Bank
Lender
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AirNet Systems Inc
Provider/Air Charters, Transportation Services
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$25.0
|
Revolver
Supports acquisition by Bayside Capital |
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Wells Fargo Foothill
Arranger
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AFS Technologies Inc
Provider/Food, Beverage Software
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$25.0
|
Revolver
CIBC Capital Partners, Ticonderoga Capital provided $13MM in equity/Supports acquisitions |
|
GMAC Structured Finance - Health Capital Group
Structurer, Underwriter, Agent
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Great Expressions Dental Centers Inc
Manager/Dental Practices
|
$23.5
|
Revolver
Supports acquisition by The Audax Group |
|
Goldman Sachs Credit Partners
Lender
|
iWeb Group Inc
Provider/IP Hosting Services
|
$22.0
|
Revolver
|
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BlueCrest Capital Finance
Lender
|
Omeros Corp
Developer/Inflammation, Central Nervous System Products
|
$20.0
|
Term Loan
Two-year term |
|
Golub Capital
Lender
|
Davis Calibration Services
Provider/Calibration, Repair, Certification Services
|
$20.0
|
$4MM Revolver/$16MM Term Loan
Supports company recap/Deal Source: JPB Enterprises |
|
Regions Bank
Lender
|
Parlux Fragrances Inc
Manufacturer/Prestige Products
|
$20.0
|
Revolver
Two-year term |
|
PNC Bank
Lender
|
Magic Circle Corp
Manufacturer/Dixie Chopper Lawn Mowers
|
$20.0
|
Revolver
Refinances existing debt |
|
CORE Business Credit
Lender
|
New England Confectionery Co
Manufacturer/Candy
|
$19.2
|
Revolver
Supports seasonal working capital needs |
|
Oxford Finance, CIT Healthcare
Lenders
|
Zogenix Inc
Provider/Specialty Pharmaceuticals
|
$18.0
|
Revolver |
|
Webster Business Credit
Lender
|
Nancy Sales Company Inc
Distributor/Plush Animals
|
$17.5
|
Revolving Credit Line
|
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Wachovia Capital Finance
Sole Lender
|
Cheeseworks Inc
Distributor/Specialty Foods
|
$15.5
|
Revolver
|
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PNC Bank
Lender
|
LPI Holding Company Inc
Supplier/Recycled Compounds
|
$15.1
|
$10MM Revolver/$5.1MM Term Loans
Refinances existing debt |
|
PNC Bank
Lender
|
Leading Edge Logistics LLC
Provider/Third-Party Logistics
|
$15.0
|
Revolver
Supports growth |
|
Wachovia Capital Finance
Sole Lender
|
Bunker International Corp
Provider/Marine Fuel Industry
|
$15.0
|
Revolver
|
|
SunTrust Bank
Lender
|
Pinnacle National Bank
Provider/Investment Banking Services
|
$15.0
|
Term Loan
|
|
Webster Business Credit
Agent
|
Royal Park Uniforms Inc
Manufacturer/Uniforms
|
$14.0
|
Revolver
|
|
Bridge Finance Group
Lender
|
Hill Enterprises Inc
Distributor/Oil, Lubricant, Fuel
|
$14.0
|
Revolving Credit Line
Supports acquisition of Cox Oil Company/U.S. Bank served as co-lender |
|
First Capital
Lender
|
Fleetwood Folding Trailers Inc
Manufacturer/Folding, Camping Trailers
|
$12.5
|
Revolver
Supports acquisition by Blackstreet Capital Partners |
|
City National Bank
Lender
|
Althea Technologies Inc
Provider/Therapy Manufacturing Services
|
$12.0
|
Revolver/Equipment Loan
|
|
PNC Bank
Lender
|
Degussa Initiators LLC
Manufacturer/Organic Specialty Chemicals
|
$12.0
|
$10.5MM Revolver/$1.5MM Term Loan
Supports acquisition of Evonik Industries |
|
Oxford Finance, Silicon Valley Bank
Lender
|
Medivance Inc
Manufacturer/Medical Devices
|
$12.0
|
$4MM Revolving Credit Line
|
|
PNC Bank
Lender
|
Home Source International Inc Lender
Logistics Manager/Home Textile Products
|
$10.75
|
$10MM Revolver/$.75MM Term Loan
Refinances existing debt |
|
Silicon Valley Bank, Oxford Finance
Lenders
|
Biolex Therapeutics Inc
Provider/Clinical-Stage Biopharmaceuticals
|
$10.5
|
Revolver |
|
PNC Bank
Lender
|
Tradewinds Aircraft Services LLC
Supplier/Commercial Aircraft Components
|
$10.3
|
$10MM Revolving Credit Line/$.25MM Term Loan
Supports acquisition by STS Component Solutions |
|
Bank of America
Lender
|
East Air Corporation
Lessor/Aviation Rotable Components
|
$10.0
|
Revolver |
|
Webster Business Credit
Lender
|
Work 'N Gear LLC
Operator/Retail Chain
|
$10.0
|
Revolver |
|
Bank of America
Lender
|
LCC International Inc
Provider/Wireless Voice, Data Turnkey Services
|
$9.0
|
Revolver
Supports growth, restructuring |
|
New Stream Capital
Lender
|
Snapware Corp
Manufacturer/Food, Home-Storage Containers
|
$8.5
|
Revolver |
|
Wachovia Capital Finance
Sole Lender
|
Jensen Meat Company Inc
Manufacturer/Ground Beef
|
$8.3
|
Revolver/Term Loan |
|
Sovereign Business Capital
Lender
|
Blonder Tongue Laboratories Inc
Provider/Integrated Broadband Network Solutions
|
$8.0
|
$4MM Revolving Credit Line/$4MM Term Loan
Three-year term/Refinances existing debt with National City Business Credit |
|
PNC Bank
Lender
|
DRI Corp
Provider/Digital Communications Technology
|
$8.0
|
Revolving Credit Line
Three-year term/BHC Interim Funding III provided three-year $5MM loan |
|
Affinity Bank Healthcare Financial Services
Lender
|
Ramona Manor Convalescent Hospital, Ramona Manor Property
Operator/Skilled Nursing Facility
|
$7.3
|
$1MM Revolving Credit Line/$.5MM Over-Line/$5.8MM Real Estate Loan
|
|
Silicon Valley Bank
Lender
|
Anulex Technologies Inc
Developer/Soft Tissue Repair Products
|
$7.0
|
Term Loan
Supports company research, development |
|
GE Capital Solutions CDF
Lender
|
IPLogic Inc
Provider/Voice, Data, Multimedia Solutions
|
$7.0
|
Credit Line |
|
Bridge Finance Group
Lender
|
Wafer Reclaim Services LLC
Refurbisher/Used Wafers
|
$7.0
|
$5MM Revolving Credit Line/$2MM Term Loan
Supports Montco Silicon Technologies acquisition |
|
Webster Business Credit
Lender
|
Alexander Doll Company Inc
Designer/Dolls
|
$7.0
|
Revolving Credit Line
|
|
Sovereign Business Capital
Lender
|
Casa Imports
Distributor/Imported Italian Specialty Foods
|
$6.6
|
Revolving Credit Line
|
|
Marquette Business Credit
Lender
|
LV Luxury Holdings
Retailer/Watches, Jewelry
|
$6.5
|
Revolver
|
|
Gemino Healthcare Finance
Lender
|
Gulf States Health Services Inc
Operator/Acute Care Hospitals
|
$5.0
|
Revolving Credit Line
Pays off existing debt |
|
Silicon Valley Bank
Lender
|
Lantronix Inc
Provider/Secure Communication Technologies
|
$5.0
|
$3MM Revolver/$2MM Term Loan
Revolver: two-year term/Term loan: three-year term |
|
Ashford Finance
Lender
|
American Scientific Resources Inc
Holding Company
|
$5.0
|
Credit Line
Supports financing for Kidz-Med subsidiary |
|
RBC Centura Bank
Lender
|
Bovie Medical Corp Lender
Manufacturer/Electrosurgical Products
|
$5.0
|
Revolving Credit Line
Replaces previous $1.5MM credit line with BofA |
|
Silicon Valley Bank
Lender
|
PokerTek Inc
Provider/Automated Poker Tables
|
$5.0
|
Revolver
One-year term |
|
Monroe Capital
Co-Lender
|
Sexy Hair Concepts LLC
Distributor/Hair Care Products
|
$5.0
|
Revolver
Supports acquisition by private equity firm |
|
Monroe Capital
Co-Lender
|
Cunningham & Lindsey Group Ltd
Provider/Insurance Services
|
$5.0
|
Revolver
|
|
Webster Business Credit
Lender
|
Cleveland Die & Manufacturing Company Inc
Manufacturer/Metal Stamped Products
|
$5.0
|
Revolver
|
|
Webster Business Credit
Lender
|
Seder Foods Corp
Distributor/Grocery
|
$4.5
|
Revolver
|
|
Marquette Business Credit
Lender
|
Technical Coating International Inc
Manufacturer/Roll-Based Goods
|
$4.4
|
Revolver
Finances capital improvements |
|
Bridge Finance Group
Lender
|
Access Distribution Inc
Distributor/Action Sports Products
|
$4.0
|
Revolving Credit Line
|
|
Webster Business Credit
Lender
|
U.S. Rubber Reclaiming Inc
Producer/Reclaimed Butyl
|
$4.0
|
Revolver
|
|
Marquette Business Credit
Lender
|
Genisoy Food Company Inc
Provider/Soy Protein Products
|
$4.0
|
Revolver
|
|
Proficio Bank
Lender
|
The Wire Source LLC
Distributor/Steel Wire
|
$4.0
|
Revolving Credit Line |
|
SaaS Capital
Lender
|
Clickability Inc
Provider/Web Content Management
|
$3.5
|
Revolver
|
|
Marquette Healthcare Finance
Lender
|
Zynex Inc
Provider/Pain Management Systems, Electrotherapy Products
|
$3.0
|
Revolver
Three-year term |
|
GE Healthcare Financial Services
Lender
|
Codon Devices Inc
Operator/Biotechnology Firm
|
$3.0
|
Revolver
Supports growth |
|
Silicon Valley Bank
Lender
|
World Energy Solutions Inc
Operator/Online Exchanges in Energy, Environmental Commodities
|
$3.0
|
Revolver
|
|
Presidential Healthcare Credit
Lender
|
Cornerstone Health Services Group Inc
Provider/Hospice, Post-Acute Care Services
|
$3.0
|
Revolver |
|
Thermo Credit
Lender
|
US Starcom Inc
Supplier/Long Distance, Phone Cards
|
$3.0
|
Revolver
|
|
Bridge Business Bancorp
Lender
|
Village Products Inc
Distributor/Hearth Products
|
$2.0
|
$1.5MM Revolving Credit Line/$.5MM SBA 7(a) Term Loan
|
|
De Lage Landen Commercial Finance
Lender
|
Leveraged Technology Inc
Provider/IT, Consulting Services
|
$2.0
|
Revolver
|
|
Gemino Healthcare Finance
Lender
|
Avastra USA Inc
Provider/Sleep Services
|
$2.0
|
Revolving Credit Line
Supports working capital of subsidiaries Pacific Sleep, California Sleep |
|
Sovereign Business Capital
Lender
|
Teixeira's Bakery
Baker/Portuguese Breads, Pastries
|
$2.0
|
$1.5MM Revolving Credit Line/$.5MM Term Loan
|
|
First Capital
Lender
|
Reed's Inc
Maker/Natural Sodas
|
$2.0
|
Revolver
Two-year term |
|
Sovereign Business Capital
Lender
|
Working Mother Media Inc
Provider/Multimedia - Women's Topics
|
$1.5
|
Revolver
|
|
Thermo Credit
Lender
|
Telkonet Inc
Provider/Energy Management Solutions
|
$1.0
|
Credit Line
Two-year term/Supports growth |
|
Commercial Capital Lending
Lender
|
Expo Holdings Inc
Operator/Distributors to Retail Industry
|
$1.0
|
Revolver |
|
Celtic Bank
Lender
|
Veterans Trading Co LLC
Distributor/Electronic Components
|
$.8
|
Credit Line
|
|
* Deal Size in Millions
|