Deal Charts

ABL Deal Chart 2004

Notable ABL Transactions
Data gathered from direct sources, news releases and other public information — covers all of 2004.

LENDER(S) & ROLE BORROWER & INDUSTRY AMOUNT* STRUCTURE & NOTES
Revlon
Manufacturer/Cosmetics
Citigroup Global Markets
Lead
960.0 Revolver
Extends the maturing of much of its debt due in 2005
SpectraSite Communications
Operator/Wireless Tower
TD Securities/Citigroup Global Markets
Co-Lead
900.0 $200MM Revolver/$300MM Delayed Draw Term Loan
Proceeds were used to repay previous senior secured credit facility
BlueLinx Corporation
Manufacturer/Building Materials
Congress Financial/Goldman Sachs
Co-Lead Arrangers
700.0 Revolver
Acquisition Financing for Cerberus Capital Management (equity investor)
Cricket Communications
Provider/Cell Phones
BofA Securities/Goldman Sachs.CSFB
Co-Lead Arrangers
650.0 Revolver/$500MM Term Loan
Five-year revolver; six-year term loan
SCANA Corporation
Provider/Electric & Gas
Wachovia Capital Markets/Banc of America Securities
Co-Lead Arrangers
640.0 $400MM 5-Year Revolver/$125MM 5-Year Revolver/$125MM 5-Year Revolver
Provided to three of company's subsidiaries
Wellman, Inc.
Manufacturer/Textile Polymer Products
Deutsche Bank Securities/J.P. Morgan Securities
Sole Bookrunner (Revolver)/Joint Bookrunners (Term Loans)
625.0 $175MM Revolver/$450 Term Loans
Five-year First Lien Term Loan; six-year Second Lien Term Loan
Paladin Resources plc
Provider/Oil and Natural Gas
JP Morgan Chase
Lead
600.0 Revolver
Five-year term
Winn-Dixie Stores
Retailer/Supermarket
Wachovia Capital Markets/Congress Financial
Lead
600.0 $400MM Revolver/$200MM Standby Letter
Refinances and increases existing credit facility
NES Rentals Holdings Inc.
Supplier/Heavy Equipment
Bank of America
Lead
575.0 $300MM Revolver/$275MM Second-Lien Term
Five-year credit facility; six-year term loan
Mervyn's, LLC
Supplier/Plastic Parts
Congress Financial/Goldman Sachs
Co-Lead Arrangers
550.0 Revolver
Merrill Lynch Capital served as joint bookrunner, syndication agent and Term C Loan collateral agent
United Industries
Manufacturer/Lawn Care Products
Banc of America Securities/Citigroup Global Mkts
Co-Lead Arrangers
510.0 $125MM Revolver/$385MM Term Loan
Six/seven-year term; refinancing in conjunction with Nu-Gro acquisition
The Holmes Group
Manufacturer/Small Appliances
GE Capital Markets/Credit Suisse First Boston
Joint-Lead Arrangers
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)
Denny's Corporation
Franchise/Restaurant
Banc of America Securities/UBS Securities
Joint Lead Arranger
420.0 $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
Teleflex Incorporated
Manufacturer/Transportation Parts
JP Morgan/Wachovia
Co-Lead Arrangers
400.0 Revolver
Five-year term; $100M expansion feature
Swift Energy Company
Provider/Oil and Natural Gas
Banc One Capital
Lead
400.0 Revolver
Replaces former $300MM revolver; ten-member bank group
Entravision Communications Corporation
Media/Television and Radio
Goldman Sachs/Union Bank of California
Co-Lead Arrangers
400.0 $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
Coinstar, Inc.
Provider/Coin-Counting Machines
JP Morgan Chase
Lead
310.0 $60MM Revolver/$250MM Term Loan
Facilities also arranged by Lehman Bros., Bank of America, KeyBank and Wells Fargo
Amkor Technology, Inc.
Provider/Contract Semiconductor Assembly
Citigroup Global Markets/Others
Lead Arranger
300.0 Term Loan
Participants include Merrill Lynch, Pierce, Fenner & Smith, JP Morgan Securities, Citicorp and JPMorgan Chase Bank
Nash Finch Company
Distributor/Food
Deutsche Bank
Lead
300.0 $125MM Revolver/$175MM Term Loan B
Revolver has five-year term; term loan has six-year term
Kindred Healthcare
Provider/Health Care Services
JP Morgan Securities
Lead
300.0 Revolver
Five-year term; replaces existing credit agreements
Ventas Realty
REIT/Health Care
Banc of America Securities
Lead
300.0 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
AK Steel Corporation
Manufacturer/Steel
GE Capital Markets
Lead
300.0 Revolver
Three-year term; GE Comm'l Finance (admin agent)
Longs Drug Stores
Retailer/Drug Store
Bank of America Retail Finance
Lead
280.0 Revolver
Five-year term; replaces unsecured facility
Denny's Corporation
Franchise/Restaurant
Banc of America Securities/UBS Securities
Co-Lead Arrangers
275.0 $75MM Revolver/$200MM Term Loan
Five-year term loan; four-year revolver replacing existing facility
Pathmark Stores, Inc.
Operator/Supermarkets
Fleet Retail Group
Lead
250.0 $180MM Revolver/$70MM Term Loan
Replaces five-year revolver and seven-year term loan
Charter Communications, Inc.
Provider/Cable & Broadband Services
GE Global Media & Communications Group
Lead
248.0 Revolver
GE Comm'l Finance (doc agent)
Doane Pet Care, Inc.
Provider/Pet Care Supplies
Credit Suisse First Boston 
Lead
230.0 Revolver
Five-year term
Republic Engineered Products, Inc.
Manufacturer/Special Bar Quaility Steel
GE Commercial Finance
Lead Arranger/Agent
200.0 Revolver
Five-year term; participants included: UBS Loan Finance, Bank One & Merrill Lynch Capital
Cummins Inc.
Designer & Manufacturer/Engines
GE Corporate Lending Group
Lead
200.0 Revolver
Replaces existing credit facility
Payless ShoeSource, Inc.
Retailer/Footwear
Wells Fargo Retail Finance
Arranger/Admin Agent
200.0 Revolver
Four-year term with optional one-year extension; replaces existing credit facility
Inner City Broadcast Holdings, Inc.
Media/Radio
GE Global Media
Lead
197.0 Private Equity Firm Alta Communications Made $41.2MM Preferred Equity Contribution
Replaces existing debt
CheckFree Corporation
Provider/Electronic Commerce Services
SunTrust Robinson Humphrey/Banc of America Securities
Co-Lead Arrangers
185.0 Revolver
Three-year term
CommScope
Manufacturer/Cable for Cable TV
Wachovia Bank
Lead
185.0 Revolver
Acquisition financing
ComCorp/White Knight Broadcasting
Media/Television and Radio
GE Global Media
Lead
182.5 $25MM Revolver/$157.5 million Term Loan B
Closed with a final hold position of $45MM
Cosorcio Comex S.A. de C.V.
Manufacturer/Paint
Merrill Lynch Capital
Lead
181.0 Revolver
Credit facility to support the acquisition of Professional Paint
GenCorp Inc.
Manufacturer/Aerospace, Real Estate, Chemicals
Wachovia Capital Markets/Bank of Nova Scotia
Co-Lead Arrangers
180.0 $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.
Alion Science and Technology Corporation
Provider/IT Solutions
Credit Suisse First Boston
Lead
180.0 Term B Senior Credit Facility
Replaces previous senior credit facility administered by LaSalle
PMI Group, Inc.
Provider/Credit Enhancement Products
BofA/CitiBank/Wachovia 
Administrative Agent/Co-Documentation Agents
175.0 Revolver
Five-year term; Sun Trust Bank and JPMorgan Chase Bank are also members of the lenders group.
Ahern Rentals
Distributor/Equipment Rentals
Bank of America Business Capital
Lead
175.0 Revolver
BofA will also provide letters of credit, cash management products and services
Holly Corporation
Refiner/Petroleum Products
Bank of America
Lead
175.0 Revolver
Replaces $100MM facility, can be increased to $225MM
Genesco Inc.
Manufacturer/Footwear & Accessories
Banc of America Securities
Lead Arranger
175.0 Revolver
Facility used for Hat World acquisition
United States Steel Corporation
Manufacturer/Steel
GE Commercial Finance
Co-Lead Arranger
173.5 Revolver
Part of $600MM senior secured revolving loan facility
Pomeroy
Provider/IT Solutions
GE Commercial Distribution Finance
Lead
165.0 Revolver
Participants include National City, PNC, UPS Capital, Bank of America and AMSouth
Gottschalks Inc.
Retailer/General Merchandise
GE Commercial Finance
Admin Agent
165.0 Revolver
Three-year term
Huttig Building Products
Distributor Building Products
LaSalle Bank
Lead Arranger
160.0 $130MM Revolver/$30MM Term Loan
Five-year term; syndicated with LaSalle Bank and six others
International Textile Group
Manufacturer/Textile Fabrics
Bank of America Business Capital
Lead Agent
150.0 Revolver/Term Loan/Capital Expenditure Line
ITG is owned by private equity sponsor Wilbur Ross & Company
Cal Dive International
Provider/Subsea Construction
Bank of America
Lead
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
Carmike Cinemas, Inc.
Motion Pictures Exhibitor
Goldman Sachs Credit Partners
Sole Lead Arranger & Bookrunner
150.0 $50MM Revolver/$100MM Term Loan
Multi-year term
Atlantic Express Transportation Group, Inc.
Transportation/Airline
Congress Financial/Banc of America Securities
Co-Lead
145.0 $100MM Revolver/$45MM Financing
Exit financing; Rothschild (arranger)
Massey Energy Company
Producer/Coal
UBS Securities
Lead
130.0 Revolver
Five-year term; replaces existing $80MM facility
The Bombay Company
Distributor/Furniture
Wells Fargo Retail Finance
Lead
125.0 Revolver
Five-year term; replaces $75MM revolver
SL Green Realty Corp
REIT/Class B Properties
Bank of America
Lead
125.0 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
Equifax Inc.
Provider/Credit Reports
Blue Ridge Funding Corp./Wachovia
Lead
125.0 Trade Receivables-Backed Revolver
Wachovia Bank is the agent for Blue Ridge and the liquidity lenders
Bumble Bee Seafoods, LLC
Distributor/Seafood
Bank of America Business Capital
Lead
125.0 $90MM Revolver in US/$35MM Revolver in Canada
Secured by the tangible and intangible assets of both Bumble Bee and Clover Leaf
U.S. Concrete Inc.
Manufacturer/Concrete & Related Products
Citigroup/Bank of America
Co-Lead Arrangers
125.0 $100MM Revolver/$25MM Term Loan
Five/three-year term; refinancing
Coffeyville Resources Refining & Marketing
Producer/Refined Petroleum Products
Congress Financial
Collateral Agent
121.9 $100MM Revolver/$21.9MM Term Loan
Acquisition financing for Pegasus Partners II (equity investor)
Black Box Corporation
Supplier/Connectivity Devices
Citizens Bank of Pennsylvania
Lead
120.0 Revolver
Participants include Wachovia Securities, Comerica Fifth Third Fleet National and National City
Midas, Inc.
Provider/Automotive Services
Bank One
Lead Arranger
115.0 $55MM Revolver/$60MM Term Loan
Three-year term; participants incl: National City Bank, LaSalle Bank, Bank of America, Harris Bank & Provident Bank
Katy Industries, Inc.
Manufacturer/Maintenance Products
Bank of America Business Capital
Agent
110.0 $90MM Revolver/$20MM Term Loan
Refinancing
Switch and Data Facilities Co., Inc.
Provider/Internet Colocation Services
Deutsche Bank
Lead Agent/Sole Bookrunner
110.0 Revolver
Participants included: BNP Parisbas (syn agent) & CIT Group (doc agent)
Arch Aluminum & Glass Co. Inc.
Distributor/Glass and Aluminum
PNC Business Credit/PNC Bank
Lead
100.0 $65MM Revolver/$25MM Term Loan with an $8.8MM Cashflow Componen/$10MM Capital Expenditure Line
Five-year term
U.S. Xpress Enterprises, Inc.
Provider/Truckload Carrier
SunTrust's Capital Market
Lead
100.0 Revolver
Coupled with $100MM accounts receivable securitization Five-year term; replaces $100MM revolver
Omni Energy Services Corp.
Provider/Energy Services
Ableco Finance
Lead
100.0 Revolver
Ableco Finance is an affiliate of Cerberus Capital Management
Dynamics Research Corporation
Provider/Technical and IT Solutions
Brown Brothers Harriman & Co.
Lead
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
Titan International, Inc.
Distributor/Wheels
GE Capital/LaSalle
Co-Lead Arrangers
100.0 Revolver
Three-year term; replaces former $20MM revolver
Evergreen International Aviation, Inc.
Transportation/Airline
Wells Fargo Foothill/Abelco Finance
Co-Lead Arrangers
100.0 $50MM Revolver/$50 MiM Term Loan
Three-year term; replaced existing facility with PNC Bank
Headwaters, Incorporated
Producer/Petroleum & Coal Products
Bank One
Lead
100.0 $50MM Revolver/$50 MiM Term Loan
Refinancing
Hayes International, Inc.
Producer/Speciality Alloys
Congress Financial
Agent
100.0 Revolver/Term Loan
Multinational, multi-currency facility
Aspect Communications Corporation
Provider/Enterprise Customer Contact Solutions
Comerica/CIT Business Credit
Admin Agent/Collateral Agent
100.0 Revolver
participants: Fleet, GE Comm'l Finance, Key Bank, & U.S. Bank; replaces existing facility
International Media Group, Inc.
Broadcaster/Television
GE Global Media & Communications Unit
Lead Arranger
95.0 $80MM Term Loan/$15MM Revolver
GE Commercial Finance contributed $50MM to facility
NUI Utilities, Inc.
Provider/Computing Systems
Credit Suisse First Boston
Lead
95.0 $75MM Secured Facility/$20MM Unsecured
Intended to provide additional liquidity through the close of the sale of the company
Handy & Harman of Canada, Ltd.
Manufacturer/Diversified Industrial Products
Congress Financial
Admin Agent
93.0 Revolver/Term Loan
Additional $71MM Term B Loan provided by Ableco Finance
New York & Company
Retailer/Women's Apparel
Wachovia Securities/Congress Financial
Arranger/Agent
90.0 Revolver
Additional $75MM Term B Loan provided by Ableco Finance
Martek Biosciences Corporation
Manufacturer/Nutritional Products
Manufacturing & Traders Trust
Admin Agent/Sole Book Runner
85.0 Revolver
Three-year term; Bank of America (syn agent); SunTrust Bank (doc agent)
Vigo Remittance Corporation
Provider/Electronic Funds Transfer
Merrill Lynch Capital
Lead
82.0 Revolver
Intended for all outstanding senior and senior sub notes and to provide for acquisition capacity
American Vanguard Corporation
Developer/Agricultural Products
Bank of the West
Lead
80.0 $45MM Revolver/$35MM Term Loan
Syndicate of banks led by Bank of the West; Replaces $45MM revolver, $10MM term loan
Crucible Materials Corporation
Distributor/Metal Parts
Congress Financial
Lead
80.0 Revolver
Replaces former $80MM revolver from GE Capital, PNC Bank
NUI Utilities Corporation
Provider/Natural Gas Utilities
Credit Suisse First Boston
Lead
75.0 $75MM Revolver
$20MM Unsecured facility made through amendment
Suntron Corp.
Manufacturer/Electronics
Congress Financial/Citicorp
Co-Lead Arrangers
75.0 Revolver
Amended agreement
Haier America Trading, LLC
Manufacturer/Electronic Appliances
Fleet Capital
Lead
75.0 Revolver
Refinances existing debt
NationsRent, Inc.
Provider/Equipment Rental
Wachovia Bank
Lead
75.0 Revolver
Replaces $150MM exit financing provided by Wachovia
EmployBridge
Provider/Commercial Staffing
Merrill Lynch Capital
Sole Lender/Lead Arranger
66.0 $30MM Revolver/$36MM Second Lien Term Loan
Refinances the company's existing senior debt
United Road Services, Inc.
Transporter/Automobiles
Congress Financial
Admin & Collateral Agent
65.0 $57MM Revolver/$8MM Term Loan
Term loan provided by Gordon Brothers; replaces facility with GE
Formica Corporation
Manufacturer/Surfacing Materials
Wells Fargo Foothill
Lead
65.0 Revolver
Exit financing
Canadian General
Manufacturer/Vinyl Materials
Congress Financial
Admin & Collateral Agent
61.0 $50MM Revolver/$11MM Term Loan
Term loan includes $4.5MM CAPEX facility
Doskocil Manufacturing Company, Inc.
Manufacturer/Pet Containment Products
Fleet Capital
Lead Arranger
61.0 $40MM Revolver/$21MM Term B Loan
Refinances existing debt
Atlas Air Worldwide Holdings, Inc.
Provider/Global Air Cargo Services
Congress Financial/Wachovia
Lead Agent/Lead Arranger
60.0 Revolver
Includes up to $10 million of letter of credit accommodations
Mothers Work Inc.
Retailer/Maternity Wear
Fleet Retail Group
Lead
60.0 Revolver
Five-year term
United States Lime & Minerals
Supplier/Lime and Limestone Products
Wells Fargo
Lead
60.0 $30MM Revolver/$30MM Term Loan
Replaces former facility
Tropical Sportswear International Corporation
Retail/Clothing
CIT
Lead
60.0 Revolver
Loan and security agreement
Advanced Marketing Services, Inc.
Provider/Publishing Distribution Services
Wells Fargo Foothill
Lead
60.0 Revolver
Replaces facility provided by other lenders
The Richardson Trident Company
Fabricator/Metals
Congress Financial
Lead
59.5 $45MM Revolver/$14.5MM Term Loan
Capital Corporation provided second lien financing
Leach & Gartner
Fabricator/Precious Metals
BofA Precious Metals 
Lead
59.0 Revolver
Multi-purpose credit facility 
Crave Entertainment Group
Distributor/Videogame Products
GE Capital Corporation
Lead
58.0 $55MM Revolver/$3MM Term Loan
Replaces former $35MM facility with GE Capital
RemedyTemp
Provider/Staffing Services
Bank of America
Co-Lead
50.0 Revolver
Replaces the prior credit line and expands the line to $50 million from $40 million.
Lifetime Hoan Corporation
Distributor/Housewares
Bank of New York
Lead
50.0 Revolver
Five-year term; replaces $35MM facility; accordian feature" allows it be be increased to $65MM"
Texas Petrochemicals LP
Producer/Specialty Chemicals
LaSalle Business Credit/Congress Financial
Co-Lead Arrangers
50.0 Revolver
Facility is part of $130MM exit financing
G+G Retail, Inc.
Retailer/Junior Apparel
CIT Business Credit
Lead
50.0 Revolver
Facility is part of company's restructuring; Madeleine also participated in facility
Bentley Systems, Inc.
Provider/Architectural & Engineering Software
Wells Fargo Foothill
Lead
50.0 Revolver
Four-year term; facility provides for increase to $75MM under certain conditions
Comfort Systems USA, Inc.
Provider/HVAC Services
Bank of Texas/Hibernia Bank
Co-Lead
50.0 $40MM Revolver/$10MM Term Loan
Three/five-year term; replaces facility led by GE Capital
Omega Healthcare Investors, Inc.
REIT/Long-Term Care
GE Healthcare Financial Services
Lead
50.0 Revolver
Four-year term; acquisition credit line
Thomas Industries Inc.
Manufacturer/Carpet and Yarn
Bank of America Business Capital
Lead
48.0 Revolver and Term Loan
Will be used to acquire the assets of Mattel Carpet and Rug, Inc. and Superior Yarn Technologies
Kirkland's, Inc.
Retailer/Home Decor
Fleet Retail Group/Wells Fargo Retail Finance
Fleet Retail Group is administrative and collateral agent,/Wells Fargo Retail Finance is the co-agent.
45.0 Revolver
Replaces existing $45MM revolver
Wire Rope Corporation of America, Inc.
Manufacturer/Wire Rope
HSBC Business Credit
Lead
45.0 $37MM Revolver/$8MM Term Loan
Wire Rope owned by KPS Special Situations Fund II
Telcove
Provider/Telecommunications Services
Congress Financial
Lead
45.0 Revolver
Three-year term
Tecta America Corp.
Provider/Roofing Work
Merrill Lynch Capital
Lead
45.0 Revolver
Refinances existing debt and for ongoing working capital
Rockford Corporation
Manufacturer/Audio Systems
Congress Financial
Admin & Collateral Agent
45.0 $42.5MM Revolver/$2.5MM Term Loan
Additional $4MM second lien facility provided by Hilco Capital
Bayou Steel Corporation
Manufacturer/Structural Steel
Fleet Capital
Lead
45.0 Revolver
Refinanced DIP facility
Wise Foods, Inc.
Provider/Snack Foods
GMAC Commercial Finance
Lead Lender
43.0 $36MM Revolver/$7MM Term Loan
IPI provided credit enhancement on a $7MM IP-based term loan; Five-year term
Aviza Technology
Supplier/Equipment to Semiconductor Industry
Bank of America Business Capital
Lead
40.0 Revolver
Company is backed by venture capital firm VantagePoint Venture Partners
Hogan Hardwoods & Moulding, Inc.
Distributor/Building Supplies
PNC Business Credit
Lead
40.0 $32.5MM Revolver/$5MM Term Loan/$2.5MM Capital Expenditure Line
Finances the acquisition of five sites from Paxton Lumber
Fresh Brands, Inc.
Retailer/Grocer
LaSalle Bank/U.S. Bank
Co-Lead Arrangers
40.0 Revolver
Three-year term; facility replaces $35MM unsecured facility
SMTC Corporation
Provider/ Electronic Manufacturing Services
Congress Financial Canada
Lead
40.0 Revolver
Three-year term
American Consolidated Media Inc.
Publisher/Community Newspapers
GE Global Media/CIT
Co-Lead Arrangers
36.0 Revolver
GE provided $18MM; CIT provided $18MM
Joshen Paper & Packaging
Supplier/Packaging Products
PNC Business Credit
Lead
35.0 Revolver and Term Loan
Three-year term
BUCA
Frachise/Restaurant
Wells Fargo Foothill
Lead
35.0 Revolver
$35MM is maximum capacity
ACR Group, Inc.
Distributor/AC, Heating and Refrigeration Equipment
Wells Fargo
Lead
35.0 $30MM Revolver/$5MM Credit Line
Replaces former $30MM facility with Bank of America Business Credit
American Biophysics Corporation
Manufacturer/Mosquito Abatement Technology
Fleet Capital
Lead
35.0 Revolver
Company also secured $35MM in private equity financing from DLJ Growth Partners
Bravo Sports
Manufacturer/In-Line Skates, Accessories
Bank of America Business Credit
Lead
34.0 Revolver/Term Loan
Credit facility will be used to acquire Variflex 
SunLink Health Systems, Inc.
Provider/Healthcare to Rural Communities
GMAC-RFC Health Capital
Lead
30.0 Revolver
Five-year term
Titan Financial Group II, LLC
Provider/Consumer Finance
Bank of America Business Capital
Lead
30.0 Revolver
BofA is providing cash management services
ACME Communications Inc.
Broadcaster/Television
GE Global Media 
Lead
30.0 Revolver
Part of $60MM secured financing 
MicroFinancial Corporation
Provider/Leasing and Financial
CIT Commercial Services
Lead
30.0 Revolver
Three-year term; replaces one-year $8MM revolver
En Pointe Technologies, Inc.
Distributor/IT Solutions
GE Commercial Finance VFS
Co-Lead Arrangers
30.0 Revolver
Replaces existing facility
Varsteel, Ltd.
Supplier/Steel Components
GE Business Credit
Lead
30.0 Revolver
Facility to fund working capital
Midway Games, Inc.
Manufacturer/Video Games
Wells Fargo Foothill
Lead
30.0 $15MM Revolver/$15MM Term Loan
Five-year term
Norambar, Inc.
Manufacturer/Steel bars
CIT Business Credit Canada/GE Canada Finance
Co-Lead
30.0 Revolver
Three-year term
Pleasant Care Corporation
Operator/Nursing and Assisted Living Facilities
Bridge Healthcare Finance
Lead
29.0 $12MM Term Loan/$17MM Revolver
Citra Capital Management served as financial advisor
Montana Silversmiths
Designer/Jewelry and Accessories
American Capital Strategies
Lead
26.0 Term Loan/Senior Subordinated Debt
American Capital is also providing a revolving credit facility 
The Bekins Company
Provider/Relocation & Specialty Transportation
Merrill Lynch Capital
Sole Lender
26.0 Revolver
Refinances existing facility
ACN
Reseller/Telecommunication Services
US Bank Business Credit
Lead Agent
25.0 Revolver
Will be used to refinance an existing facility.
Metropolitan Finance
Provider/Captive Financing
Bank of America Business Capital
Lead
25.0 Revolver
Refinances existing debt; BofA will also provide cash management products and services
KMA II, LLC
Provider/Bank Services
Wells Fargo Foothill
Lead
25.0 Revolver
Young America Capital provided strategic counsel to KMA
Brook Furniture Rental, Inc.
Provider/Rental Furniture
GE Commercial Finance
Lead
25.0 Revolver
Hilco Capital provided a $7 million junior term loan
MBI Publishing Company LLC
Distributor/Books & Calendars
Merrill Lynch Capital
Lead
25.0 Revolver
Replaces former facility
Swank, Inc.
Distributor/Accessories
Wells Fargo Foothill
Lead
25.0 Revolver
Five-year term; replaces former facility with Congress Financial
Ultralife Batteries, Inc.
Manufacturer/Batteries
JP Morgan Chase/Manufacturers and Traders Trust
Co-Lead Lenders
25.0 $15MM Revolver/$10MM Term Loan
Three-year Revolver/Five-year Term Loan; replaces $15MM Revolver; JP Morgan Lead Arranger
Amedisys, Inc.
Provider/Home Nursing Services
GE Healthcare Financial Services
Lead
25.0 Revolver
Four-year term; previous lender filed for bankrutpcy
Dawson-Forte Cashmere Company
Supplier/Cashmere Garments
Bank of America Business Capital
Lead
25.0 Revolver
Refinances existing debt and provides for working capital needs
Rackspace Managed Hosting
Provider/Managed Web-Hosting
Comerica Technology and Life Sciences
Lead
25.0 Revolver
Continues long-standing relationship with parties
Northstar Aerospace Inc.
Manufacturer/Aerospace Parts
LaSalle Bank
Lead
25.0 Revolver
Replaces facility with the National Bank of Canada
The Thomas Kinkade Company
Manufacturer/Art Reproductions
GE Business Credit
Lead
25.0 Revolver
Three-year term; facility funded buy-out by Thomas Kinkade (artist)
Reptron Electronics, Inc.
Manufacturer/Electronics
Congress Financial
Lead
25.0 Revolver
Exit financing
Florida Tiles Industires, Inc.
Manufacturer/Flooring Materials
Fleet Capital
Lead
24.5 Revolver
Refinancing; MMP Capital Partners (equity sponsor)
The Schuster Group
Provider/Hospital Management
Bridge Healthcare Finance
Lead
24.0 $15MM Revolver/$9MM Term Loan
First Broadcasting Sacramento
Broadcaster/Radio
Wells Fargo Foothill
Lead
23.5 Revolver
Primedex Health Systems, Inc.
Provider/Diagnostic Imaging Services
Wells Fargo Foothill
Lead
23.0 Revolver
Part of financial restructuring
Nobel Learning Communities, Inc.
Provider/Educational Services
Harris Trust
Lead
23.0 Revolver
Replaces $20MM facility
Ansonia Copper & Brass
Precious Metals/Fabricator/Copper Metal
Bank of America Business Capital
Lead
22.0 $10MM Revolver/$12MM from BofA 
BofA provided letters of credit, derivatives and cash management products and services 
Falcon Holdings
Franchisee/Church's Chicken
American Commercial Capital
Lead
22.0 Revolver
American Commercial Capital is a Wells Fargo Capital Markets business
PM Beef Holdings, L.L.C.
Processor/Beef Products
Bank of America Business Capital
Lead
20.5 Revolver
Refinances existing debt
Franklin Electronic Publishers
Manufacturer/Electronic Books
PNC Bank
Lead
20.0 Revolver
Three-year term; replaces expiring arrangement
Rocket Software
Developer/Software
Wells Fargo Foothill 
Lead
20.0 Revolver
Five-year term
The Athlete's Foot Stores
Retailer/Athletic Footwear
GMAC Retail Finance Group
Lead
20.0 Revolver
Provides ongoing working capita
Radnet Management, Inc.
Provider/Diagnostic Imaging
Bridge Healthcare/Wells Fargo Specialty Finance
Co-Lead Lenders
20.0 Revolver
Radnet Management is a wholly owned subsidiary of Primedex Health Systems
Michael Baker Corporation
Provider/Engineering and Energy Expertise
Citizens Bank of Pennsylvania
Joint Lead Arranger
20.0 Revolver
Joins PNC Bank and Fifth Third Bank in $60MM Revolver
Pediatric Services of America, Inc.
Provider/Pediatric Services
GE Capital
Lead
20.0 $10MM Revolver/$10MM Acquisition Facility
Three-year term; used for working capital & future acquisitions
Trailer Bridge, Inc.
Provider/Ocean Freight Shipping
Congress Financial
Sole Lender
20.0 Revolver
Refinancing
West Linn Paper Company
Manufacturer/Coated Paper Products
Bank of America Business Capital
Lead
20.0 Revolver
Refinancing
Pediatric Services of America, Inc.
Provider/Pediatric Services
GE Capital
Lead
20.0 $10MM Revolver/$10 Acquisition Facility
Three-year term; used for working capital & future acquisitions
Applied Motion Technologies, Inc.
Designer/Industrial Hydraulic Systems
PNC Business Credit/Silicon Valley Bank
Co-Lead
18.1 Revolver
Acquisition financing (Owsosso Corporation)
Applied Motion Technologies, Inc.
Designer/Industrial Hydraulic Systems
PNC Business Credit/Silicon Valley Bank
Co-Lead
18.1 Revolver
Acquisition financing (Owosso Corporation)
Black Warrior Wireline Corp.
Provider/Well Drilling
GE Capital
Lead
18.0 Replaces expired facility with GE Capital
Small World Kids, Inc.
Manufacturer/Toys
PNC
Lead
16.5 Revolver
Three-year term; replace $11.5MM credit agreement with Manufacturers Bank
LiveBridge, Inc.
Provider/Teleservices
Guaranty Business Credit
Lead
16.0 Revolver
Three-year term
Pinkerton Computer Consultants, Inc.
Consultant/Computer IT Services
Guaranty Business Credit
Lead
15.0 Revolver
Three-year term 
Abraxas Petroleum Corporation
Developer/Energy Company
Wells Fargo Foothill
Lead
15.0 Revolver 
Part of $200MM refinancing 
US Labs
Laboratory/Cancer Diagnostic
Comerica Technology and Life Sciences Division
Lead
15.0 Revolver/New Equipment
Facility to support the company's rapid growth
Colonial Commercial Corp.
Provider/Heating & Cooling Products
Wells Fargo Business Credit
Lead
15.0 Revolver
Replaces facility with LaSalle National Bank
3D Systems Corporation
Provider/Solid Imaging Products
Silicon Valley Bank
Lead
15.0 Revolver
Three-year term
Kentucky Electric Steel, Inc.
Recycler/Steel
GE Commercial Finance
Lead
15.0 Revolver
Three-year term
Champion Parts Inc.
Remanufacturer/Automotive Parts
PNC Bank
Lead
14.9 $14MM Revolver/$900,000 Term Loan
Three-year term; replaces former facility
Applied Optoelectronic
Manufacturer/Laser Diodes & Photodetectors
United Commercial Bank
Lead
14.5 Revolver
Retires all previous debt
Delphax Technologies, Inc.
Manufacturer/Printing Equipment
LaSalle Business Credit
Lead
13.7 $12.5 MMRevolver/$1.2MM Term Loan
Three-year term
Ultimate Electronics, Inc.
Retailer/Entertainment Electronics
Back Bay Capital Funding
Lead
13.0 Term Loan
Fourth amended, restated credit and security agreement with a bank syndicate led by Wells Fargo Retail Finance
Cybex International
Manufacturer/Exercise Equipment
GMAC Commercial Finance
Lead
13.0 Term Loan
Five-year term; CIT Group/Business Credit remains working capital and a term loan lender
State Hawk Security, Inc.
Dealer/Alarm Monitoring Contracts
CapitalSource
Lead
12.0 Revolver
Facility through structured finance group
Remet Corporation
Manufacturer/Industrial Waxes & Ceramics
GE Business Credit
Lead
11.7 Revolver
Acquisition financing & working capital
Lucille Farms, Inc.
Manufacturer/Cheese
LaSalle Business Credit
Lead
11.0 $7MM Revolver/$2MM Term Loan/$1MM Term Loan/$1MM Capital Equipment Loan
Part of refinancing program
VistaPrint
Provider/Graphic Design
Comerica Bank
Lead
11.0 Revolver
VistaPrint will use the loan to construct a computer integrated manufacturing (CIM) facility.
Conversion Services International, Inc.
Provider/Management Consulting
Laurus Master Fund
Lead
11.0 6MM Line of Credit/$5MM Convertible Term Note
Replaces $3MM facility
OMNI Energy Services Corp.
Provider/Oilfield Seismic Drilling
Whitehall Business Credit
Lead
11.0 $8MM Revolver/$3MM Equipment Term Loan
Refinances existing debt
OMNI Energy Services Corp.
Provider/Oilfield Seismic Drilling
Whitehall Business Credit
Lead
11.0 $8MM Revolver/$3MM Equipment Term Loan
Refinances existing debt
Crdentia Corp.
Provider/Health Care Staffing
Bridge Healthcare Finance
Lead
10.0 Term Loan
Three-year term
Great Northern Products, Ltd.
Wholesaler/Frozen Seafood
Fleet Capital
Lead
10.0 Revolver
New financing relationship
J.L. Hammett Co.
Retailer/Educational Materials
GMAC Retail Finance Group
Lead
10.0 Revolver
Facility to fund working capital
Kitty Hawk, Inc.
Transportation/Airline
Wells Fargo Business Credit
Lead
10.0 Revolver
Three-year term
Great Northern Products, Ltd.
Wholesaler/Frozen Seafood
Fleet Capital
Lead
10.0 Revolver
New financing relationship
Great Western Products Co.
Distributor/Concessionary Goods
Guaranty Business Credit
Lead
7.0 Revolver
Will support acquisition of Marjack Co. Inc.
Next Inc.
Retailer/Sportswear
National City Bank
Lead
7.0 Revolver
Additional $1.75MM investment from GCA Strategic Investment Fund; replaces facility with LaSalle Business Credit
Image Entertainment, Inc.
Distributor/Optical Disc Programming
Wells Fargo Foothill
Lead
6.0 Revolver
Increased exisiting facility to $23MM
Cherokee Forest Products, Inc.
Wholesaler/Lumber
Guaranty Business Credit
Lead
5.0 Revolver 
Two-year term 
iMergent, Inc.
Provider/E-Commerce
Bank One
Lead
5.0 Revolver
Two-year term; replaces facility with Zions First National Bank
Twoco Petroleums Ltd.
Provider/Oil & Gas
HSBC Bank of Canada
Lead
5.0 Revolver
No specific uses have been identified for the finances
Evergreen Solar, Inc.
Manufacturer/Solar Power Products
Silicon Valley Bank
Lead
5.0 Revolver
One-year term
Larscom Incorporated
Provider/WAN Connectivity
Silicon Valley Bank 
Lead
5.0 Revolver
Provides flexibility in meeting cash needs
PrimeRevenue
Provider/Finance Solutions
Comerica Technology and Life Sciences
Lead
4.3 Term Loan
Giftcertificates.com, Inc.
Retailer/Gift Certificates
Comerica Bank 
Lead
4.1 $3MM Revolver/$1.25MM Term Loan
Revolver is extension 
United Strategies, Inc.
Consultant/Business Management
Guaranty Business Credit
Lead
4.0 Revolver 
Three-year term; replace its prior bank line
Segmentz
Provider/Logistics Management
Fifth Third Bank
Lead
3.5 Revolver
Pioneer Behavioral Health
Provider/Behavioral Healthcare Services
CapitalSource
Lead
3.5 Credit Line
Secured with its accounts receivables
CLS Worldwide
Provider/Chauffeured Transportation 
Guaranty Business Credit 
Lead
3.5 $3MM Revolver/$1.25MM Term Loan
Three-year term
Integrated Security Systems
Provider/Security
Briar Capital
Lead
3.0 Revolver
Secured by most of B&B ARMR's assets
Reliability, Inc.
Designer/Technology for Semiconductors
Briar Capital
Lead
2.9 $1MM Term Loan/$1.9MM Revolver
18-month term, with one year extension option
Dawson Metal Company
Manufacturer/Sheet Metal Products
MidCap Business Credit
Lead
2.0 $1.6MM Revolver/$400,000 Term Loan
Financing to payoff senior debt, provide working capital
Clark Container
Provider/Flexible Packaging
Bridge Opportunity Fund
Lead
1.5 Revolver
Insignia System
Provider/In-Store Promotional Products
Itasca Business Credit
Lead
1.5 Revolver
Will provide working capital