Deal Charts

ABL Deal Chart 2005

Notable ABL Transactions
Data gathered from direct sources, news releases and other public information — covers all of 2005.

LENDER(S) & ROLE BORROWER & INDUSTRY AMOUNT* STRUCTURE & NOTES
The Mosaic Company
Producer/Phosphate and Potash Crop Nutrients
JP Morgan Chase
Administrative Agent
850.0 $450MM Revolver/$350MM Term Loan B/$50MM Term Loan A
J.P. Morgan Securities Inc. was the sole book running agent and co-leader arranger, and BNP Paribas was co-leader arranger
Radio One, Inc.
Operator/Radio Station
Wachovia Capital Markets/Banc of America Securities
Joint Lead Arrangers
800.0 $500MM Revolver/$300MM Term Loan
Replaces existing facility
Apollo Investment Corporation
Provider/Closed-End Investment Company
J.P. Morgan Securities
Lead Arranger
800.0 Revolver
Five-year, secured multi-currency facility. JPMorgan Chase Bank will function as the administrative agent
Gerdau Ameristeel Corporation
Producer/Steel
Bank of America Business Capital
Lead
650.0 Revolver
Banc of America Securities: co-lead arranger & co-book manager
Williams Scotsman Inc.
Marketer/Storage Equipment
Bank of America Business Capital/Deutsche Bank Securities
Co-Leads
650.0 $550MM Revolver/$150MM Term Loan
Bank of America also provided letters of credit
Mega Bloks Inc.
Manufacturer/Toy Block Sets
Bank of Nova Scotia/Bank of Montreal
Co-Leads
650.0 Revolver
Funds acquisition of Rose Art Industries & Warren Industries
Hudson's Bay Company
Retailer/Department Store Chain
GE Canada Finance/Bank of America
Co-Lead Arranger
650.0 Revolver
364-day revolver; participants incl: CIT Business Credit Canada (funding and collateral agent), HSBC Bank Canada (letter of credit issuing bank and co-documentation agent), HSBC Bank USA (letter of credit issuing bank)
Brunswick Corporation
Manufacturer/Marine Engines
J.P. Morgan Securities/RBS Securities
Co-Lead Arranger
650.0 Revolver
Replaces existing credit facility
Universal Compression Holdings
Provider/Natural Gas Compression Services
Wachovia Capital Markets/J.P. Morgan Securities
Joint Lead Arrangers and Joint Book Runners
650.0 $250MM Revolver/$400MM Term B Loan
Deutsche Bank Securities served as co-arranger, Wachovia Bank, NA, as administrative agent, and JPMorgan Chase Bank, as syndication agent. Deutsche Bank Securities, The Bank of Nova Scotia, and The Royal Bank of Scotland plc were co-documentation agents. Five-year term for revolver; seven-year term for term loan
Coinmach Corporation
Provider/Laundry Services
Deutsche Bank/J.P. Morgan Securities
Joint Lead Arrangers
645.0 $75MM Revolver/$570MM Term Loan
Refinances $230MM existing term debt
Maytag Corporation
Manufacturer/Home Appliances
J.P. Morgan Securities/Citigroup Global Markets
Co-Arrangers
600.0 Revolver
Five-year term; replaces existing $300MM facility
Maytag Corporation
Manufacturer/Appliances
JP Morgan Chase/Citigroup
Co-Leads
600.0 Revolver
Replaces an unsecured $300MM facility
Gray Television, Inc.
Provider/News & Entertainment Services
Wachovia Bank
Lead
600.0 Revolver
Portion of facility used to acquire NBC affiliate WSAZ-TV
Reliance Steel & Aluminum Co.
Processor/Metals
Banc of America Securities
Lead
600.0 Revolver
Replaces previous $335MM credit line
Key Energy Services, Inc.
Provider/Oil Wells & Lease Services
Lehman Brothers
Lead
547.3 $65MM Revolver/$400MM Term Loan B/$82.3MM Synthetic Letter of Credit
Wells Fargo Foothill serves as admin. agent for revolver & letters of credit
Copano Energy LLC
Provider/Natural Gas
Banc of America Securities/Bank of Americas
Co-Leads
520.0 $350MM Revolver/$170MM Term Debt
Funds Copano's acqusition of ScissorTail Energy
Whirlpool Corp.
Manufacturer/Household Appliances
J.P. Morgan Securities/Citigroup
Co-Leads
500.0 Revolver
Replaces $1.2B revolver
Maytag Corporation
Manufacturer/Home Appliances
J.P. Morgan Chase/Citigroup Global Markets
Co-Leads
500.0 Revolver
Replaces $300MM revolver
IPC Acquisition Corp.
Provider/Communications Solutions
Goldman Sachs/Lehman Bros.
Co-Leads
485.0 $50MM revolver/$310MM First Lien Term Loan/$125MM Second Lien Term Loan
Participants incl: GE Capital (admin agnet), CIT & Heritage Bank (doc. agents)
Compass Minerals Group, Inc.
Distributor/Minerals
JPMorgan Securities/Goldman Sachs
Co-Leads
475.0 $125MM Revolver/$350MM Term Loan
Participants incl: Caylon New York Branch, Bank of America & Bank of Nova Scotia
Polymer Group, Inc.
Manufacturer/Engineered Products
Citigroup Global Markets
Lead
455.0 $45MM Revolver/$410MM Term Loan
Will repay outstanding debt under previous credit facility
Hanover Compressor Company
Provider/Oil & Gas Compression Services
JPMorgan Securities/RBS Securities
Co-Leads
450.0 Revolver
Participants incl: JPMorgan Chase, admin agent; Royal Bank of Scotland, syndication agent
Knoll, Inc.
Manufacturer/Office Furniture
UBS Loan Finance/UBS Securities/BofA/BofA Securities
Co-Leads
450.0 $200MM Revolver/$250MM Term Loan
Five-year term/Seven-year term
Knoll, Inc.
Designer/Office Furniture Products
UBS Securities/Bank of America/Banc of America Securities
Co-Leads
450.0 Revolver/Term Loan
Participants incl: GE Capital (admin agnet), CIT & Heritage Bank (doc. agents)
Spanish Broadcasting System, Inc.
Provider/Radio Services
Lehman Brothers/Merrill Lynch/Wachovia Securities
Co-Leads
450.0 $425MM Term Loan/$25MM Revolver
Repays old senior secured credit facility and accrued interest
GenTek Inc.
Provider/Inorganic Chemical Products
Goldman Sachs Credit Partners/Banc of America Securities
Joint Lead Arrangers
430.0 $370MM Term Loans/$60MM Revolver
Skadden, Arps, Slate, Meagher & Flom was GenTek's legal advisor on transaction
Day International Group, Inc.
Manufacturer/Textiles
Goldman Sachs Credit Partners
Lead
415.0 $25MM Revolver/$390MM Term Loan
NVR Inc.
Provider/Homebuilding & Mortgage Services
JPMorgan Chase
Admin. Agent
400.0 Revolver
Participants incl: U.S. Bank, SunTrust, Wachovia, AmSouth, Comerica, Calyon and Mizuho Corporate Bank
Eagle Energy Partners I, LP
Provider/Natural Gas
BNP Paribas
Lead
400.0 $200MM Revolver/$200MM Cash & Carry/Contango
Replaces an existing $125MM one-year revolver
USEC Inc.
Supplier/Enriched Uranium Fuel
JPMorgan Chase Bank
Admin. Agent
400.0 Revolver
Participants incl: Merrill Lynch Capital, Goldman Sachs, Wachovia, GMAC & CIT
MAXIS Communications (Malaysia)
Provider/Telecommunication Services
ABN Amro Bank
Lead Arranger/Agent
360.0 Syndicated Term Loan
Five-year Term
Resun Corporation
Provider/Modular Solutions
Bank of America
Lead
350.0 Revolver
Equity capital provided by Fremont Partners & ABS Capital
Morris Publishing Group LLC
Provider/Publishing Services
JPMorgan Chase
Admin Agent
350.0 Revolver
Partcipants incl: Keybank, Suntrust, Wachovia, BofA, GE Capital, Comerica, US Bank and others
Safety-Kleen Systems, Inc.
Provider/Waste Management Solutions
Deutsche Bank Securities/Credit Suisse First Boston
Joint Lead Arrangers
350.0 $100 MM Revolver/$150 MM Term Loan/$100 MM L/C Facility
Facility used to retire existing debt
Hexcel Corporation
Producer/Structural Material for Aerospace Industry
Deutsche Bank/BofA Securities
Co-Lead Arrangers
350.0 $225MM Term Loan/$125MM Revolver
Facility replaces the existing $115 million senior secured credit facility
ALM Media, Inc.
Publisher/Legal and Business News
GE Global Media & Communications
Administrative Agent
345.0 Revolver
GE has committed $94 million to the facility
NextMedia Operating, Inc.
Provider/Media Services
GE Global Media & Communications
Admin Agent
335.0 Revolver
GE Capital Markets also participated
TBC Corporation
Marketer/Auotmotive Replacement Tires
JP Morgan Chase
Lead
325.0 $100MM Term Loan/$225MM Revolver
Five-year term
Behrman Capital
Private Equity Firm
GE Capital Corp./UBS
Co-Leads
307.5 $195MM Term Loan/ $77.5MM Second-Lien/$35MM Revolver
Supports recapitalization of ILC Industries
Knology, Inc.
Provider/Interactive Communication Services
Credit Suisse
Lead
305.0 $25MM Revolver/$185MM First Lien Term Loan/$95MM Second Lien Term Loan
Debt maturities extend through 2011
Synagro Technologies, Inc.
Provider/Residual Management
Banc of America Securities
Lead
305.0 $180MM Term Loan/$95MM Revolver/$30MM Delayed Draw Term Loan
Other participants include Lehman Brothers and CIBC World Markets
Visteon Corporation
Supplier/Automotive Technology Systems
JP Morgan Securities/Citicorp
Co-Leads
300.0 Term Loan
Replaces $300MM short-term secured revolver
Willis Group Holdings, Inc.
Provider/Risk Management Services
Banc of America Securities/Royal Bank of Scotland
Co-Leads
300.0 Revolver
BofA & RBS lead a syndicate of 14 banks
EDO Corporation
Manufacturer/Defense Products
Citigroup Global Markets/Wachovia Capital Markets
Co-Lead Arrangers
300.0 Revolver/Letter of Credit Facility
Citicorp: Admin Agent; Wachovia: Syndication Agent; Bank of America: Documentation Agent
Visteon Corp.
Supplier/Automotive Technology Supplies
JPMorgan Chase/Citicorp
Co-Lead Arrangers
300.0 Short-Term Credit Agreement
Replaces 364-day facility that expired June 2005
The Manitowoc Company, Inc.
Manufacturer/Commercial Refrigeration Equipment
J.P. Morgan Securities
Lead/Sole Bookrunner
300.0 Revolver
Five-year term; Participants: J.P. Morgan Chase (admin. agent); Bank of America (syn. agent) 
SemGroup, LP
Provider/Energy Services
Banc of America Securities
Lead Arranger
300.0 $100 MM Revolver/$200 MM Term Loan
Represents $300 MM increase to existing facility
Intermet Corporation
Manufacturer/Alumninum Castings
Goldman Sachs
Lead
285.0 Revolver
In connection with Intermet's exit from Chapter 11
Rush Enterprises, Inc.
Dealer/Trucks
GE Commercial Finance
Lead
280.0 Revolver
Facility used to purchase inventory for Rush Truck Centers
Crown Castle International
Operator/Shared Wireless Infrastructure
KeyBank/Calyon New York Branch
Co-Leads
275.0 Revolver
Partcipants incl: Royal Bank of Scotland, Morgan Stanley & Lehman Bros.
Protection One
Provider/Monitored Security Systems
Bear Stearns, Lehman Brothers
Co-Lead Arrangers
275.0 $25 MM Revolver/$250 MM Term Loan
Five-year term/six-year term
Icon Health & Fitness Inc.
Manufacturer/Home Health Equipment
Bank of America Business Capital
Lead
250.0 Revolver
Back Bay Capital also provided a $40MM second lien term loan
CSK Auto, Inc.
Supplier/Auto Parts
JPMorgan Chase
Lead
250.0 Revolver
Facility is expected to be increased by additional $75MM
American Commercial Lines LLC
Operator/Marine Transportation
BofA Business Capital
Lead
250.0 Revolver
Syndicated by Banc of America Securities, which also was joint book manager of a $200 million senior note offering
Symbol Technologies
Designs/Bar Code Reading Equipment
J.P. Morgan Securities/BofA Securities
Co-Lead
250.0 $100MM Term Loan/$150MM Revolver
Three-year term loan, five-year revolver
New World Pasta Company
Manufacturer/Dry Pasta
Morgan Stanley Senior Funding/GE Commercial Finance/Wells Fargo Foothill
Co-Leads
240.0 Revolver
Used to finance company's exit from Chapter 11
COMSYS IT Partners Inc.
Provider/IT Outsourcing Services
Merrill Lynch Capital
Lead
230.0 $120MM Revolver/$10MM Senior Term Loan/$100MM Junior Term Loan
Revolver & junior term loan: five-year term; senior term loan: two-year term
Arlington Tankers Ltd.
Transporter/Oil & Petroleum Products
The Royal Bank of Scotland
Lead
229.0 Term Loan
Refinances existing $135MM debt facility with syndicate led by Fortis Bank
First Advantage Corporation
Provider/Risk Mitigation Services
Banc of America Securities
Lead
225.0 Revolver
Five-year term
Developers Diversified Realty Corp
Managers/Retail Shopping Centers
KeyBank Capital Markets/Banc of America Securities
Co-Lead Arrangers
220.0 Revolver
Participants: KeyBank (administrative agent), Bank of America (syndication agent)
KPS Special Situations Fund II, LP
Private Equity Fund
J.P. Morgan Securities/HSBC
Co-Lead
220.0 $175MM Term Loan/$45MM Revolver
Funds KPS's acquisition of Wire Rope Corporation
Atlantis Plastics, Inc.
Manufacturer/Injection Molded and Films Plastics
Merrill Lynch Capital
Sole Lead Arranger, Administrative Agent
220.0 $25 MM Revolver/$120 MM Senior Term Loan/$75 MM Junior Term Refinances existing senior debt
Infinity Associates LLC & Perseus LLC
Private Equity Groups
Merrill Lynch Capital
Lead/Admin Agent
217.0 $167MM First Lien/$50MM Second Lien
Supports acquisition of Haggar Corporation
Centerplate, Inc.
Provider/Concession Services
GE Capital
Lead
215.0 $100MM Term Loan/$115MM Revolver
Refinances existing $65 million term loan and $50 million revolving credit facility
Alpharma Inc.
Provider/Pharmaceutical Services
Bank of America
Lead
210.0 $175MM Revolver/$35MM Term Loan
Replaces existing facility
DESA International, LLC
Manufacturer/Heating Products
Merrill Lynch Capital
Lead
210.0 Revolver
Supports the recapitalization of DESA Holdings
Integra LifeSciences Holdings
Manufacturer/Medical Devices
Banc of America Securities
Lead
200.0 Revolver
Five-year term
The Pep Boys
Retailer/Auto Parts
Wachovia Bank/Wachovia Capital Markets
Co-Leads
200.0 Term Loan
Proceeds will repay $143MM in oustanding medium term notes
JLG Industries Inc.
Manufacturer/Work Platforms
Sun Trust Bank
Lead
200.0 Revolver
Five-year term; syndicate comprised of 12 banks
Quest Resource Corporation
Producers/Oil & Gas
Guggenheim Corporate Funding
Administrative Agent
200.0 $50MM Revolver/$50MM First Lien Term Loan/$100MM Second Lien Term Loan
Five-year term; five-year term; six-year term, respectively
CNL Hotels & Resorts, Inc.
Provider/Hotel Services
Bof A Securities
Lead
200.0 Revolver
Bank of America served as administrative agent
Technitrol, Inc.
Manufacturer/Electrical Components
Bank of America/Banc of America Securities
Co-Leads
200.0 Revolver
Supports LK Products Oy acquisition
Bank Blair Corporation
Marketer/Apparel & Home Products
PNC 
Lead
200.0 Revolver
Financing will fund Blair's self-tender offer
Delphi Financial Group, Inc.
Provider/Employee Benefit Services
Banc of America Securities/Wachovia Capital Markets
Co-Leads
200.0 Revolver
Replaces $100.0 MM facility scheduled to expire December 2006
Life Time Fitness, Inc.
Provider/Fitness Centers
U.S. Bank
Lead
200.0 Revolver
Five-year term/JPMorgan Chase Bank (syn. agent)
Source Interlink Companies, Inc.
Publisher/Magazines
Wells Fargo Foothill
Lead
200.0 Revolver
Expands former credit facility of $50 million from Wells Fargo Foothill
G-III Apparel Group Ltd.
Manufacturer/Outerwear & Sportswear
CIT Group/Commercial Services
Lead
195.0 $165MM Revolver/$30MM Term Loan
Funds acquisition of Marvin Richards and Winlit
Potpourri Group, Inc.
Retailer/Specialty Gift & Clothing
American Capital Strategies
Lead
188.0 Revolver/Term Loans
American Capital owns 83% of Potpourri Group on a fully diluted basis
Apex Silver Mines Limited
Developers/Mining & Exploration
Barclays Capital/BNP Paribas
Co-Leads
175.0 Revolver
Andean Development Corporation also provided a $50MM revolver
PrairieWave Communications, Inc.
Provider/Broadband Communications
GE Global Media & Communications
Lead
170.0 $10MM Revolver/$120 Term Loans/$40MM Second Lien Loan
Funds acquistion of Black Hills FiberCom
Hercules Offshore LLC
Provider/Oilfield Services
Citigroup Global Markets/Credit Suisse First Boston
Co-Lead Arrangers
165.0 $25MM Revolver/$140MM Term Loan
Comerica Bank (administrative agent)
Bumble Bee
Distributor/Canned Seafood
BofA Business Capital
Revolver
165.0 Lead
Increases credit line from $100MM to $165MM
The Penn Traffic Company
Retailer/Wholesale Food
GE Commercial Finance Corporate Lending
Lead
164.0 $130 MM Revolver/$6 MM Term Loan/$28 MM Supplemental Real Estate Facility
Exit Financing
SBA Communications Corp.
Operator/Wireless Communications Services
GE Capital Markets
Lead
160.0 Revolver
Participants incl: GE Comm'l Finance, TD Securities, Deutsche Bank & Lehman Commercial Paper
Pre-Paid Legal Services Inc.
Marketer/Pre-Paid Legal Service Contracts
Bank of Nova Scotia
Lead
160.0 $10MM Revolver/$150MM Term Loan
Refinances approimately $30MM in existing debt
The Scoular Company
Marketer/Grain, Feed & Food Ingredients
Wells Fargo
Lead
160.0 Revolver
Participants: BofA, CoBank, Farm Credit Services, First National Bank of Omaha, LaSalle Bank National Association & Societe Generale
National Vision Inc.
Operator/Retail Vision Centers
Freeport Financial LLC
Lead
153.0 Revolver
Funds acquisition of Consolidated Vision Group
Ralcorp Holdings, Inc.
Producer/Store Brand Foods
J.P. Morgan Securities/Citigroup
Co-Leads
150.0 Revolver
Participants incl: Citibank, Wachovia, U.S. Bank, SunTrust & PNC
Griffon Corporation
Developer/Specialty Plastics
JPMorgan Securities
Lead
150.0 Revolver
Partcipants incl: BofA, HSBC, US Bank, North Fork Bank, Manufacturers & Traders Trust
AMERCO Inc.
Owner/U-Haul International
Merrill Lynch Commercial Finance
Lead
150.0 Term Loan
Finances new truck purchases
WCP Exposition Services Operating Company, LLC
Provider/Contracting Services
Merrill Lynch Capital
Lead
150.0 $125MM Revolver/$25MM Sub Notes
Supports acquisition of Champion Exposition Services & George E. Fern Company by Wachovia Capital Partners
Kaman Corp.
Provider/Technology Products
Bank of Nova Scotia/Bank of America
Co-Admin. Agents
150.0 Revolver
Participants incl: JPMorgan Chase, KeyBank, Citibank, Webster Bank
Geac Computer Corporation Ltd.
Provider/Software Services
Bank of America
Lead
150.0 Revolver
Participants incl: Citibank, Wachovia Bank, JP Morgan Chase, Key Bank
Carrizon Oil & Gas, Inc.
Provider/Natural Gas & Oil
Credit Suisse First Boston
Lead
150.0 Second-lien Term Loan
Participants: First Albany, Harris Nesbitt, Hibernia Southcoast Capital, Jefferies, Keybanc Capital & Suntrust Capital
AMERCO Inc.
Provider/Transportation Rentals
Merrill Lynch Comercial Finance
Lead
150.0 Revolver
Five-year term; parent company of U-Haul
Encore Capital Group, Inc.
Purchaser/Consumer Receivable Portfolios
JPMorgan Chase
Lead
150.0 Revolver
Replaces $75MM facility; funds acquisition of assets from Jefferson Capital 
Sunstate Equipment Company
Provider/Construction Rental Equipment
Bank of America Business Capital
Lead
150.0 Revolver
Underwritten by Banc of America Securities
Ormet Corporation
Manufacturer/Aluminum
Bank of America Business Capital
Lead Arrangers
150.0 Revolver
Exit financing
Tembec Industries, Inc.
Manufacturer/Forest Products
CIT Business Credit Canada
Lead
150.0 Revolver
Replaces C$140 million operating facility
US Express Leasing, Inc.
Provider/Leasing Company
Credit Suisse First Boston
Lead
150.0 Conduit Facility
Facility complements USXL's existing $75 million credit facility provided through Wells Fargo Foothill Lender Finance
Chiquita Brands International
Distributor/Produce
Wells Fargo/Wachovia Securities
Co-Lead Arranger and Administrative Agent/Co-Lead Arranger and Syndication Agent
150.0 Revolver
Five-year term; other members of the bank syndicate are Rabobank International; Harris Nesbitt; LaSalle Bank, a subsidiary of ABN-AMRO; ING Bank; and Nordea Bank
Pliant Corporation
Producer/Packaging Products
GE Commercial Finance/Morgan Stanley Senior Funding
Co-Leads
140.0 Revolver
Replaces existing $105MM revolver
Sonitrol Corporation
Provider/Security Solutions
Wachovia Bank
Lead
135.0 $40MM Revolver/$95MM Term Loan
Participants incl: Merrill Lynch Capital, Jefferies Babson Finance, CapitalSource, LaSalle Bank
Vertis Inc.
Provider/Media Services
GE Commercial Finance
Lead
130.0 Revolver
Three-year term; replaces existing facility
Meineke Car Care Centers, Inc.
Provider/Automotive Services
Allied Capital
Lead
127.0 Second Lien Debt
Replaces $75MM facility; funds acquisition of assets from Jefferson Capital 
Friedman's, Inc.
Retailer/Jewelry
CIT Group
Lead
125.0 Revolver
Five-year term; exit financing
IDT Entertainment Inc.
Producers/Animated Entertainment Programs
J.P. Morgan Chase Bank
Lead
125.0 Revolver
Loans secured by computer generated films produced by IDT
Lamson & Sessions, Inc.
Manufacturer/Electrical & Telecommunications Products
Harris Bank
Lead
125.0 Revolver/Term Loan
Five-year term
Averatec
Designer/Portable Electronic Products
GE Corporate Lending
Administrative Agent/Co-Lead Arranger
125.0 Revolver
GE will hold $45 million of the credit facility, with the remainder syndicated
Bucyrus International, Inc.
Manufacturer/Surface Mining Equipment
GMAC Commercial Finance
Lead
120.0 Revolver
Facility may be increased to $150.0 MM
Primary Steel Inc.
Distributor/Steel Products
Banc of America Securities
Lead
117.5 $100MM Revolver/$17.5MM Term Loan
Bank of America Business Capital provided letters of credit
Di Giorgio Corporation
Distributor/Food
LaSalle Business Credit
Lead
115.0 Revolver
Wachovia Bank served as syndication agent
Russ Berrie & Company, Inc.
Manufacturer/Specialty Gift Products
LaSalle Business Credit
Lead
115.0 Revolver
Five-year term
Bradley Pharmaceuticals, Inc.
Manufacturer/Prescription Drugs
Wachovia Bank
Lead
110.0 $30MM Revolver/$80MM Term Loan
Replaces existing $125MM facility
Hancock Fabrics, Inc.
Retailer/Sewing Accessories
Wachovia Bank
Lead
110.0 Revolver
Replaces unsecured $50MM credit agreement
Hancock Fabrics, Inc.
Retailer/Fabrics, Crafts, Home Sewing Accessories
Wachovia Bank, National Association/Wachovia Capital Markets
Co-Leads
110.0 Revolver
Replaces unsecured $50.0 MM credit agreement
Hunter Defense Technologies, Inc.
Manufacturer/Defense and Homeland Security Products
Merrill Lynch Capital
Co-Lead Arranger, Administrative Agent
110.0 Revolver
Borrower is a portfolio company of Behrman Capital
Life Care Centers of America, Inc.
Operator/Nursing and Assisted Living Centers
GE Healthcare Financial Services
Lead
104.0 Term Loan
Enables LCCA to consolidate 22 nursing properties under one lender
Farmland Dairies LLC
Manufacturer/Milk Products
LaSalle Business Credit, GE Commercial Finance
Co-Lenders
101.0 Revolver/Term Loan
Equity will be majority owned by pre-petition leasing syndicate led by GE Commercial Finance
Radiation Therapy Services, Inc.
Provider/Radiation Therapy
Bank of America
Lead
100.0 Term B Loan
Participants incl: LaSalle, Wachovia, Fifth Third, SunTrust and National City Bank, among others
Sun Healthcare Group Inc.
Provider/Healthcare Services
CapitalSource Finance
Lead
100.0 Revolver
Facility is expandable to $150MM
Le-Nature's Inc.
Producer/Flavored Beverages
Wachovia Securities
Lead
100.0 Term Loan B
Proceeds will be used to repay oustanding debt under existing revolver
Amkor Technology, Inc.
Supplier/Packaging Services
Bank of America, Wachovia Capital Finance
Co-Leads
100.0 Revolver
Replaces prior $30MM revolver
Platinum Underwriters Holdings Ltd.
Provider/Insurance Coverages
Wachovia Capital Markets
Lead
100.0 Revolver
Three-year term
Cano Petroleum, Inc.
Producer/Energy
Union Bank of California
Lead
100.0 Revolver
Initial borrowing availability of $30MM; four-year term
Invacare Corporation
Manufacturer/Medical Products
JP Morgan Chase
Lead
100.0 Accounts Receivable Facility
One-year term
Silicon Graphic, Inc.
Provider/Computing Services
Wells Fargo Foothill/Ableco Finance
Co-Lead
100.0 $50MM Revolver/$50MM Term Loan
Two-year term
Interface Security Systems LLC
Provider/Security Services
CapitalSource
Lead
100.0 Revolver
SunTx Capital Partners provided equity financing for transaction
The GEO Group, Inc.
Provider/Correctional Management Services
BNP Paribas
Lead
100.0 Revolver
Finances GEO's acquisition of Correctional Services Corporation
AAI Corporation
Manufacturer/Mechanical Systems
SunTrust Robinson Humphrey
Lead
100.0 Revolver
Participants incl: Citibank (syndication agent), Key Bank and PNC Bank (co-documentation agents) and Commerce Bank and Provident Bank
Mega Bloks, Inc.
Manufacturer/Toy Block Sets
Bank of Nova Scotia/Bank of Montreal
Co-Leads
100.0 Revolver
Supports acquisition of RoseArt Industries 
The Standard Register Company
Provider/Information Services
Bank of America Business Capital/Banc of America Securities
Co-Leads
100.0 Revolver
Werner Holding Co. Inc.
Manufacturer/Ladders
Credit Suisse First Boston/Morgan Stanley Senior Funding
Joint Lead Arrangers
100.0 Second Lien Facility
CAMP Systems International, LLC
Developer/Aircraft Software
Merrill Lynch Capital
Sole Arranger, Administrative Agent
100.0 Revolver/Term Loan
Supports Acquisition by Warburg Pincus
Enesco Group, Inc.
Manufacturer/Home Decor
Bank of America Business Capital
Revolver/Term Loan
100.0 Lead
Term of five years, replaces current credit facility
AZ3/BCBG
Distributor/Women's Apparel
GMAC Commercial Finance
Lead
100.0 Revolver
Three-year term
Marsh Supermarkets, Inc.
Operator/Supermarket Chain
Bank of America
Lead
95.0 Revolver
Five-year term
SETECH, Inc.
Provider/Inventory Management Services
CapitalSource
Lead
95.0 Revolver
SAVVIS, Inc.
Provider/Information Technology Services
Wells Fargo Foothill
Lead
85.0 Revolver
Repays $53.7MM capital lease agreement with GE Capital 
Mountain Union Telecom
Operator/Tower Sites
GE Global Media & Communications
Lead
85.0 $20MM Revolver/$35MM Term Loan/$30MM delayed-draw term loan
The deal was originally offered as $75 million, but was increased to $85 million due to oversubscription
COMFORCE Corporation
Provider/Staffing Services
PNC Business Credit
Revolver
85.0 Lead
Increases credit line from $75MM to $85MM
Au Bon Pain
Operator/Bakery Café Chain
CapitalSource Finance
Lead
82.0 Revolver
Supports management buyout
Norwesco
Manufacturer/Polyethylene Tanks
Merrill Lynch Capital
Lead Arranger and Administrative Agent
82.0 Revolver
Supported a dividend recapitalization of Norwesco, a portfolio company of Norwest Equity Partners and Brockway Moran & Partners
Entec Ploymers LLC
Distributor/Plastic Resins
Bank of America Business Capital
Lead
80.0 Revolver
BofA also providing letters of credit
Integrated Electrical Services
Provider/Electrical Solutions
Bank of America
Lead
80.0 Revolver
Replaces prior senior credit facility
Anchor Danly Group
Manufacturer/Die Sets & Components
Bank of America Business Capital
Lead
80.0 $45 MM Revolver/$35 MM Term Loans
Group was formed by Connell's Danly IEM division
Triax Holdings LLC
Developer/Pharmaceutical Products
Allied Capital
Lead
77.0 Revolver
Supports acquisition of Spear Dermatology Products & Spear Pharmaceuticals
OSI Pharmaceuticals Inc.
Developer/Oncology Products
JPMorgan Chase Bank
Lead
75.0 Revolver
Facility will be syndicated
Enesco Group, Inc.
Manufacturer/Gifts & Collectibles
LaSalle Business Credit
Admin Agent
75.0 Revolver
Replaces existing facility with BofA & LaSalle
Broadwing Communications LLC
Provider/Data, Voice & Media Solutions
PNC Bank
Lead
75.0 Revolver
Co-arranged by Jefferies Babson Finance
Keystone Automotive Industries
Distributor/Automotive Products
Wells Fargo Bank
Agent
75.0 Revolver
JP Morgan Chase also participated
Newtek Business Services
Provider/Business Services
GE Commercial Finance
Lead
75.0 Revolver
Three-year term; refinances previous facility with Deutsche Bank
Newtek Small Business Finance Inc.
Provider/Small Business Services
GE Commercial Finance
Lead
75.0 Revolver
Replaces facility with Deutsche Bank
Collins & Aikman Corporation
Manufacturer/Automotive Accessories
Credit Suisse First Boston
Lead
75.0 Term Loan
North East Waste Services
Provider/Solid Waste Transfer and Disposal
Bank of America
Lead Bank and Administrative Agent
75.0 Revolver
The lending group for the new facility also includes Banknorth Group and LaSalle Bank. Replaces a $30 million facility entered into in October 2003 with Banknorth Group.
Minacs Worldwide
Manufacturer/Polyethylene Tanks
GE Canada/Ableco Finance
Co-Lead Arrangers
75.0 $35MM Revolver from GE/$40MM Term Loan From Ableco
Five-year term for GE revolver, 66-month term for Ableco term loan
Bahakel Communications Ltd.
Provider/Multimedia Services
GE Global Media & Communications
Admin. Agent
70.0 $7MM Revolver/$63MM Term Loan
Replaces existing facility provided by GE in 2003
Quaker Fabric Corporation
Manufacturer/Woven Upholstery Fabrics
Banc of America Securities/Bank of America Business Capital
Lead
70.0 Revolver
Refinances existing debt 
New Venture Holdings, LLC
Manufacturer/Automotive Components
Bank of America Business Capital
Lead
70.0 Revolver
Company formed to acquire assets of Venture Industries in a Section 363 sale 
Central Freight Lines
Carrier/?Less Than Truckload? Trucking
BofA Business Capital
Lead
70.0 Revolver
Will be used to refinance existing debt, purchase new equipment and provide for working capital needs
LOUD Technologies, Inc.
Manufacturer/Digital Recording Products
Merrill Lynch Capital
Lead
69.5 Revolver
Supports LOUD's refinancing
BVI Precision Materials
Provider/Industrial Materials
Capstone Business Credit
Lead
66.5 $60MM A/R/$6.5MM Bridge Loan
Two-year term
Trajen Inc.
Provider/Aviation Support & Logistics Solutions
Merrill Lynch Capital
Lead
66.5 Revolver
Merrill Lynch also acted as sole bookrunner and administrative agent
DrugMax, Inc.
Provider/Drug Distribution Services
Wells Fargo Retail Finance
Lead
65.0 Revolver
Five-year term; proceeds will replace existing $65MM facility
Maxxam, Inc.
Manufacturer/Forest Products
Credit Suisse First Boston/CIT Business Credit
Lead
65.0 $35 MM Term Loan/$30 MM Revolver/Credit Facility
International Legwear Group, Inc.
Manufacturer/Socks
Bank of America Business Capital
Lead
64.0 Revolver
Refinances existing debt
The Rowe Companies
Manufacturer/Furniture
GE Commercial Finance
Lead
60.0 $50MM Revolver/$10MM Tranche B
Refinances existing debt
Hudson Products Corporation
Manufacturer/Heat-Transfer Equipment
Merrill Lynch Capital
Lead
60.0 Revolver
Supports Hudson Products Corporation's recapitalization
Gammon Lake Resources, Inc.
Provider/Mineral Resources
Scotia Capital
Lead
60.0 $20MM Revolver/$40MM Non-Revolver
Three-year/two-year term
Duty Free Americas, Inc.
Retailer/Duty-Free Merchandise
GMAC Commercial Finance
Lead
60.0 Revolver
Part of borrower's financial turnaround plan
Transtar Metals Inc.
Distributor/Metals for Aircraft
US Bank Business Credit
Lead
60.0 $58MM Revolver/$2MM Term Loan
Used for refinance existing facility
MacArthur
Distributor/Insulation and Roofing Products
US Bank Business Credit
Lead
60.0 $50MM Revolver/$4MM Term Loan/$1MM Equipment Term Loan/$5MM Subordinated Debt Facilty
Used to finance an employee stock purchase of the company
Gerber Scientific Inc.
Supplier/Manufacturing Systems
Citizens Business Capital
Lead
57.7 $50MM Revolver/$1.2MM Term Loan/$6.5MM Letter of Credit
Participants incl: Sovereign Bank, US Export-Import Bank
Unwired Technologies, LLC
Supplier/Wireless Headphones
American Capital Strategies
Lead
56.0 Term Loan/Revolver
Post-close, American Capital owns approximately 57% of Unwired on a fully diluted basis 
Levitz Home Furnishings, Inc.
Retailer/Home Furnishings
GE Commercial Finance
Lead
55.0 Revolver
Prentice Capital Mangement is providing an additional $50MM in funding
Hip Interactive Corp.
Provider/Electronic Entertainment Products
Congress Financial Corporation (Canada)
Lead
55.0 Revolver
Replaces $40 million credit facility with the Bank of Nova Scotia
DHB Industries Inc.
Designer/Body Armor
LaSalle Business Credit
Lead
55.0 $37MM Revolver/$18MM Term Loan
Increases facility from $45 million to $55 million
Stravina Operating Company, LLC
Supplier/Personalized Products
American Capital Strategies
Lead
53.0 Term Loan/Revolver
Blue Capital Management: Majority owner and equity sponsor of Stravina 
Gibson Guitar Corporation
Manufacturer/Guitars
American Capital Strategites Ltd.
Lead
52.0 Second Lien Notes
Bank of America also participated
Black Warrior Wireline Corp.
Provider/Well Drilling Services
GE Capital
Lead
50.0 Revolver
Used in conjunction with a $12.5MM junior term loan from Monroe Capital
Parallel Petroleum Corporation
Providers/Oil & Gas
BNP Paribas/Citibank Texas
Co-Leads
50.0 Term Loan
Proceeds used to reduce existing senior revolver by $25.7MM
Government Properties Trust Inc.
Wachovia Capital Markets
Lead
50.0 Revolver
Replaces $50MM facility; other participants incl: Wachovia Bank & First National Bank of Omaha
Regent Entertainment
Distributor/TV & Theatrical Motion Pictures
Merrill Lynch
Structuring Agent
50.0 Revolver
Funds to specifically be used for prints & ads
SED International Holdings Inc.
Distributor/Computer Hardware
Wachovia Bank
Lead
50.0 Revolver
Three-year term
Logicalis Inc.
Provider/IT Integration Services
HSBC Business Credit
Lead
50.0 Revolver
Four-year term
AmeriCast Technologies Inc.
Manufacturer/Steel & Iron Castings
Wachovia Capital Finance
Lead
50.0 Revolver
Monroe Capital also provided a $45MM term loan
Market Day Corporation
Distributor/Packaged Food Products
Merrill Lynch Capital
Lead, Administrative Agent
50.0 Revolver
Borrower is a portfolio company of ShoreView Industries
American Rail Car
Manufacturer/Railcars
North Fork Business Capital
Lead
50.0 Revolver
Used for ongoing working capital needs and general corporate purposes
Hip Interactive Corp.
Distributor/Video and PC Games
Congress Financial (Canada)
Lead
50.0 Revolver
Bank of Nova Scotia, Hip's current lender, has agreed to extend its existing $40 million credit facility until April 30, 2005
Canam Steel
Operator/Construction Products Fabrication
GMAC Commercial Finance
Lead
50.0 $40MM Revolver/$10MM Term Loan
Four-year term
Concentra Operating Corporation
Provider/Occupational Healthcare Services
GE Healthcare Financial Services
Lender
47.0 Revolver/Term Loan
Refinances existing debt; part of $675MM financing package
Ross-Simons, Inc.
Retailer/Jewelry
GMAC Commercial Finance
Lead
46.0 Revolver
Includes a real estate term loan
Emerson Radio Corp.
Designer/Video Products
Wachovia Bank
Lead
45.0 Revolver
Financing includes a letter of credit facility
Mercury Air Group
Provider/Aviation Petroleum Products
Bank of America Business Capital 
Lead
45.0 Revolver
Replaces $30MM line of credit with middle-market banking at Bank of America
Code, Hennessey & Simmons LLC
Private Equity Investment Firm
Antares Capital
Co-Lead Arrangers
45.0 Revolver
Supports acquisition of Hoboken Wood Flooring
Personal Optics
Provider/Reading Glasses
Merrill Lynch Capital
Lead
45.0 Revolver
Supports acquisition of Lantis Eyewear
Harlem Furniture
Retailer/Furniture
CapitalSource
Lead
43.0 $6MM Revolver/$36MM Term Loan/$1MM Equity Co-Investment
Financing pact with Harlem Furniture, a portfolio company of Pouschine Cook Capital Partners, Bear Growth Capital Partners and Mercantile Capital Partners
Emerson Radio Corp.
Retailer/Television & Video Products
PNC Bank
Lead
42.5 $35MM Revolver/$7.5MM Term Loan
Replaces $25MM revolver
World Health Alternatives
Provider/Medical Staffing
CapitalSource
Lead
42.5 $35MM Revolver/$7.5MM Term Loan
Allied Capital Corporation
Provider/Private Investments
Merrill Lynch Capital
Admin. Agent
41.5 Revolver
Supports acquisition of Norwesco
I-Sector Corporation
Provider/IP Solutions
Castle Pines Capital
Lead
40.0 Revolver
Funds working capital requirements
Formation Capital Health Care
Investor/Equity in Senior Housing
GE Healthcare Financial Services
Lead
40.0 Revolver
Five-year term
NRG Media LLC
Operator/Radio Stations
GE Global Media & Communications
Lead/Admin Agent
40.0 Revolver
Refinances existing debt
Wilks Broadcast Group LLC
Provider/Radio Broadcasting Services
NewStar Financial
Lead
40.0 $5MM Revolver/$35MM Term Loan
Supports acquisition of eight radio stations; five-year terms
UHS-Pruitt Corporation
Provider/Long-Term Care
GE Healthcare Financial Services
Lead
40.0 Revolver
Financing allows UHS-Puritt to consolidate eight nursing facilities under one lender
MC Test Service, Inc.
Provider/Electronic Manufacturing Services
LaSalle Business Credit
Lead
40.0 Revolver
Monroe Capital also provided a $10MM term loan
Huddle House Inc.
Operator/Restaurant Franchise
Merrill Lynch Capital 
Lead
40.0 Revolver
Refinances existing debt
Levitz Home Furnishings, Inc.
Retailer/Home Furnishings
GE Commercial Finance
Co-Leads
40.0 $130 MM Revolver/$6 MM Term Loan/$28 MM Supplemental Real Estate Facility
Private equity firm Resurgence Asset Management provided $20 MM
Brown's Superstores, Inc.
Operator/Supermarkets
Merrill Lynch Capital
Lead
39.0 Revolver
Refinances existing debt
Modtech Holdings, Inc.
Designer/Relocatable Classrooms
Fortress Credit
Administrative, Collateral Agent
38.0 $17MM Revolver/$21MM Term Loan
Facility replaces an existing credit facility dated December 26, 2001, and later amended, with Wells Fargo Bank
Insight Equity Partner, LP
Private Equity Firm
PNC Business Credit
Lead
37.5 Revolver
PNC Mezzanine Capital led an additional $18 million investment in subordinated debt for the acquisition. Funding for acquisition of Vision-Ease Lens
Lion Copolymer LLC
Producer/Industrial Chemicals
Bank of America Business Capital
Lead
35.0 Revolver
Financing used to acquire assets of Styrene Butadiene Rubber
Bayview Financial Group, Inc.
Provider/Real Estate Services
NewStar Financial
Lead
35.0 Revolver
Refinances existing debt
ePlus Inc.
Provider/Cost Management Solutions
National City Bank
Agent
35.0 Revolver
Branch Banking & Trust Company also participated; replaces $45MM facility
Kosan Biosciences
Manufacturer/Drugs
Silicon Valley Bank
Lead
35.0 Term Loan
Five-year term
Port Townsend Paper Corp.
Manufacturer/Paper
CIT Business Credit/CIT Business Credit Canada
Lead
35.0 Revolver
Replaces existing $30MM revolver; five-year term
MailSouth, Inc.
Provider/Mail Delivery Services
Merrill Lynch Capital
Lead, Admin. Agent
35.0 Senior Facility
Supports future acquisitions by MailSouth
R.G. Barry Corporation
Manufacturer/Footwear
CIT Commercial Services
Lead
35.0 Revolver
Replaces a factoring and financing arrangement with CIT
Lebhar-Friedman, Inc.
Manufacturer/LCD panels
GE Commercial Finance
Lead
35.0 Revolver/Debt facility
Facility funds Dowden Health Media acquisition
The Oilgear Company
LaSalle Business Credit/Others
Lead
35.0 Revolver
Participants also include Venture Finance and Barclays Bank. Company used a significant portion of the loan proceeds to terminate its loan agreement with the M&I Marshall & Ilsley Bank and certain 1997 revenue bonds
360 Global Wine Company
Producer/Wine
Laurus Master Fund
Lead
34.5 Term Loan
Three-year term; interest rate is 200 basis points above prime rate
WFI Acquisition, Inc.
Provider/Investment Services
Merrill Lynch Capital
Lead
33.0 Revolver
Supports acquisition of Wilson Farms, SugarCreek and TopXpress
Iridium Satellite, LLC
Provider/Satellite Communication Services
Bank of America
Lead
32.0 Revolver
Blue Capital Management: Majority owner and equity sponsor of Stravina 
Connor Sports Flooring Corporation
Manufacturer/Flooring Systems
Merrill Lynch Capital
Revolver
32.0 Sole Arranger, Administrative Agent
Supports Acquisition by The Riverside Company
Goodrich Petroleum
Producer/Gas & Oil
BNP Paribas
Lead/Admin Agent
30.0 Term Loan
Other lenders incl: Comerica Bank, Harris Nesbit Financing
National Renal Alliance LLC
Provider/Healthcare Services
CIT Group
Lead
30.0 Revolver
DXP Enterprises Inc.
Distributor/Maintenance, Repair, and Operating Equipment
Wells Fargo
Lead
30.0 Revolver
Four-year term
Cray Inc.
Manufacturer/Supercomputers
Wells Fargo Foothill
Lead
30.0 Revolver
Two-year agreement
Tyler Technologies
Provider/Information Management Solutions
Bank of Texas/Texas Capital
Co-Lead Arrangers
30.0 Revolver
Facility amends and restates the company's previous $10 million revolving credit facility that was to expire this month
Royal Senior Care Inc.
Operator/Senior Housing Communities
GE Healthcare Financial
Lead
29.2 Revolver
Paradigm Group
Manufacturer/Audio-Video Components
Merrill Lynch Capital
Lead
28.0 Revolver
Supports company's recapitalization
Miller Industries, Inc.
Provider/Vehicle Towing
Wachovia Bank
Lead
27.0 $20MM Revolver/$7MM Term Loan
Three-year term/five-year term
HCPro, Inc.
Publisher/Healthcare
GE Global Media & Communications
Sole Lender/Administrative Agent
27.0 Revolver
OnFiber Communications, Inc.
Provider/Internet Networks
Comerica Bank
Lead
25.0 Revolver
Repays existing senior debt
Stonepath Group
Provider/Logistics Solutions
Laurus Master Fund
Lead
25.0 Revolver
Financing includes $10MM note
National R.V. Holdings, Inc.
Manufacturer/Recreational Vehicles
UPS Capital Corporation/Wells Fargo
Co-Leads 
25.0 Revolver
Replaces $20MM facility with UPS Capital
Cobalt Finance LLC
Financier/Used Commercial Trucks & Trailers
Bank of America Business Capital
Lead
25.0 Revolver
Refinances existing debt
SL Industries, Inc.
Manufacturer/Communications Equipment
Bank of America
Lead
25.0 Revolver
May be extended to $30MM; three-year term
MD Distributors, Inc.
Distributor/Fragrances & Cosmetics
US Bank Business Credit
Lead
25.0 Revolver
Refinances existing facility
Lakeland Industries, Inc.
Manufacturer/Protective Clothing
Wachovia Bank
Lead
25.0 Revolver
Five-year term
Addison York Insurance Brokers
Provider/Insurance Services
Bridge Opportunity Finance
Lead
25.0 Term Loan
Financing supports U.S. expansion plans
FdG Associates LLC
Private Equity Investment Firm
Antares Capital
Co-Agent
25.0 Revolver
Supports acquisition of Hercules Tire & Rubber Company
MTM Technologies, LLC
Provider/IT Networking Services
CIT Group
Co-Lead
25.0 Revolver
Textron Financial provided a $15MM floor planning facility 
Addison York Insurance Brokers, Ltd.
Provider/Insurance Services
Bridge Healthcare Finance/Bridge Opportunity Finance
Co-Leads
25.0 Revolver
Facility will be used to repay existing FCC and Oak Street credit facilities 
Input/Output, Inc.
Manufacturer/Seismic Instruments
PNC Bank
Lead
25.0 Revolver
Participant: Whitney National Bank
Five Star Quality Care, Inc.
Provider/Healthcare Services
Wachovia Securities
Lead
25.0 Revolver
Two-year term
101Communications, LLC
Provider/B2B Publications
Merrill Lynch Capital
Revolver
25.0 Sole Arranger, Administrative Agent
Frontenac is a major shareholder in 101Communications
National Bankruptcy Services
Provider/Bankruptcy Monitoring Services
Merrill Lynch Capital
Lead
25.0 Revolver
Facility to support the leveraged recapitalization of National Bankruptcy Services by Advent International and management
Calpaco Paper, Inc.
Wholesaler/Fine Printing Paper
GE Commercial Finance Business Credit
Lead
25.0 Revolver
Deal included $750,000 term loan to refinance existing debt
Federal Financial Services Inc.
Provider/Consumer Loans
Bank of America Business Capital
Lead
24.0 Revolver
Refinances existing debt
Optical Experts Manufacturing Inc.
Provider/DVD Manufacturing Services
LaSalle Business Credit
Lead
24.0 Revolver
Financing was part of recapitalization; included sub debt & preferred equity
Milmar Food Group LLC
Manufacturer/Frozen Foods
Capstone Business Credit
Lead
23.0 $14MM A&R/$9MM POF
Two-year term
MHI Hospitality
Self-Advised Lodging REIT
Branch Banking and Trust Company
Lead
23.0 Revolver
Three-year term; BB&T Capital Markets is the sole book-running manager for the offering, with Ferris Baker, Watts, Hilliard Lyons and Flagstone Securities acting as co-managers
SumTotal Systems
Provider/Learning & Business Performance Technologies
Wells Fargo Foothill
Lead
22.5 $5MM Revolver/$17.5MM Term Loan
Finances acquisition on Pathlore Software
SMB King Properties, Inc.
Provider/Property Mangement Services
Medical Capital
Lead
22.0 Acquisition Financing
Funds SMB's purchase of Castle Hill Retirement Village
ASMICO Camshaft Specialties
Manufacturer/Automotive Components
North Fork Business Capital
Lead
21.0 Revolver/Term Loan
Five-year term
BPWest, Inc.
Provider/Drilling Fluid Products
American Capital Strategies
Lead
21.0 Term Loan
PNC Businesss Credit also providing a revolving credit facility
CompuDyne Corporation
Provider/Security Products
PNC Bank
Lead
20.0 Revolver
Three-year term
Amphastar Pharmaceuticals, Inc.
Manufacturer/Generic & Specialty Pharmaceuticals
GE Healthcare Financial Services
Lead
20.0 Term Loan
Proceeds will be used to finance new equipment
Pac-West Telecomm, Inc.
Provider/Communication Services
Comerica Bank
Lead
20.0 $5MM Revolver/$15MM Term Loan
Supports expansion plans
Kaleida Health, Inc.
Provider/Healthcare Services
GE Healthcare Financial Services
Lead
20.0 Revolver
Renews existing facility; three-year term
AXIS Capital Inc.
Provider/Equipment Leasing Solutions
Harris Bank
Lead
20.0 Revolver
Wells Fargo Bank also participated
Marsulex, Inc.
Provider/Environmental Compliance Solutions
BMO Nesbitt Burns
Lead
20.0 Revolver
Used in conjuntion with Marsulex's acquisition of Stablex
Nursery Supplies Inc.
Manufacturer/Nursery Supplies
American Capital Strategies
Lead
20.0 Senior & Junior Sub. Debt
GE Capital is providing a revolver and senior term loans
Christ Hospital
Provider/Healthcare Services
Healthcare Finance Group
Lead
20.0 Revolver
Part of borrower's financial turnaround plan
@radical.media inc.
Provider/Media
HSBC Business Credit
Lead
20.0 Revolver
International DisplayWorks, Inc.
Manufacturer/LCD panels
Wells Fargo HSBC Trade Bank
Lead
20.0 Revolver
Replaces a $5 million credit line
Exabyte Corporation
Manufacturer/Tape Storage
Wells Fargo Business Credit
Lead
20.0 Revolver
Arrangement replaces the company's previous loan agreement with Silicon Valley Bank, which was scheduled to expire on September 30, 2005
Anchor Glass Container Corp.
Manufacturer/Glass Containers
Madeleine
Lead
20.0 Revolver
Madeleine is an affiliate of its largest stockholders, funds and accounts managed by Cerberus Capital Management and its affiliates.
Avalon Natural Products
Marketer/Personal Care Products
Merrill Lynch Capital
Lead
19.5 Revolver
Brand name products include Avalon Organics and Alba Botanica
LifeMasters Supported SelfCare
Processor/Bird Seed
Comerica Bank/ORIX Venture Finance
Co-Lead Provider/Disease Management Programs
19.0 $7MM Revolver With Comerica/$12MM Term Loan With ORIX
Comerica join existing equity investors including Lightspeed Venture Partners, Intel Corporation, J. and W. Seligman & Co., Sightline Partners, Pacific Venture Group, VantagePoint Venture Partners and Siemens
Nydic Open MRI of America
Provider/Magnetic Resonance Imaging Services
Bridge Healthcare Finance
Lead
18.7 $5MM Revolver/$13.7MM Term Loan
Xenogen Corporation
Provider/In Vivo Biophotonic Imaging
Silicon Valley Bank/Partners for Growth
Co-Leads
18.0 Revolver
Two-year term
Valor Equity Partners
Private Equity Firm
GE Global Media & Communications
Lead
18.0 Revolver
Funds acquisition of ski resort Mountain High
Lone Star Overnight, LP
Provider/Delivery Services
Merrill Lynch Capital
Sole Lender
17.5 Revolver
Refinances existing loan agreement
Reply! Inc.
Provider/E-Marketing Solutions
BA Venture Partners
Lead
17.0 Revolver
ORIX Venture Finance also participated
Pinnacle Airlines Corp.
Provider/Air Transportation Services
First Tennessee Bank
Lead
17.0 Revolver
Replaces existing revolver with Northwest Airlines 
Blue Frog Mobile
Provider/Mobile Media & Entertainment
Canaan Partners
Lead
16.0 Series A Financing
MK Capital also participated
Pine River Plastics
Provider/Plastic Injection Molding
PNC Business Credit
Lead
16.0 Revolver
American Shipping Company Inc.
Provider/Logistics Services
PNC Business Capital
Lead
15.0 Revolver
Supports working capital needs
Popular Club Plan Inc.
Producers/Catalogs
GMAC Retail Finance Group
Lead
15.0 Revolver
Refinances existing debt
Cano Petroleum Inc.
Producer/Crude Oil
Energy Components SPC
Lead
15.0 Term Loan
Five-year term
Dialysis Corporation of America
Operator/Hemodialysis Centers
KeyBank
Lead
15.0 Revolver
Three-year term
BC Sports Collectibles, Inc.
Retailer/Sports Memorabilia
GMAC CF, Retail Finance Group
Lead
15.0 Revolver
Therma-Wave, Inc.
Manufacturer/Metrology Systems
Silicon Valley Bank
Lead
15.0 Revolver
Two-year term 
Think Partnership, Inc.
Provider/Online Business Solutions
Wachovia Bank, National Association
Lead
15.0 Revolver
Interest rate will be one-month LIBOR plus 2.10% 
Opinion Research Corporation
Provider/Demographic Research
Citizens Bank/First Horizon
Co-Lead Lenders
15.0 Term Loan
Five-year term
Asenal Digital Solutions
Provider/Data Protection Services
Wells Fargo Foothill
Lead
15.0 Revolver
CryoLife, Inc.
Provider/Biomaterials Devices
Wells Fargo Foothill
Lead
15.0 Revolver
Revolver in an aggregate amount equal to the lesser of $15 million or a specified borrowing base
Wagner Bros. Feed Corp.
Processor/Bird Seed
US Bank Business Credit
Lead
15.0 Revolver
Support acquisition of Wagner Bros.
American Aluminum Extrusion
Manufacturer/Aluminum Extrusions
GE Commercial Finance
Lead
14.9 $11.8MM Revolver/$3.1MM Term Loan
The company will use the facility to refinance existing debt and for working capital
Coast Radio Company
Operator/Radio Stations
GE Global Media & Communications
Lead
14.0 Revolver
Media Venture Partners acted as financial advisors
Blonder Tongue Laboratories Inc.
Manufacturer/Broadband Systems
National City Business Credit
Lead
13.5 $10MM Revolver/$3.5MM Term Loan
Refinances existing debt with Commerce Bank
Clearview Capital LLC
Private Equity Investor
NewStar Financial
Lead
12.5 $1.5MM Revolver/$11MM Term Loan
Five-year terms; supports Clearview's acquisition of Senior Care Centers of America
Mitcham Industries, Inc.
Supplier/Geophysical Equipment
First Victoria National Bank
Lead
12.5 Revolver
Replaces $4MM revolver
HPC Foodservice Company
Distributor/Groceries
Webster Business Credit
Lead
12.4 $12MM Revolver/Capital Expenditure Line
Three-year term
Red Diamond Capital L.P.
Manufacturer/Dietary Supplements & Pharmaceuticals
PNC Business Credit
Lead
12.0 $10 MM Revolver/$2 MM Term Loan
Supports acquisition of Nutritional Laboratories International
Pro Marketing, Inc.
Provider/Employee Representatives
Bridge Opportunity Finance
Lead
12.0 $10MM Revolver/$2MM Term Loan
Flotek Industries
Manufacturer/Specialty Chemicals
Wells Fargo Commercial Banking
Lead
12.0 $5MM Revolver/$7MM Term Loan
Funded acquisition of Spidle Sales and Services
Modern Engineering, Inc.
Provider/Automotive Industry Services
PNC Business Credit
Lead
12.0 Revolver
Modern Engineering is the Michigan-based subsidiary of Virtual Supply Chain Engineering
Office Source, Inc.
Distributor/Office Furniture
PNC Business Credit
Lead
11.9 Revolver
Office Source will use the line of credit to grow its business through acquisitions
Tri-S Security Corporation
Provider/Guard Services
LSQ Funding Group
Lead
11.2 $6MM Revolver/$5.2 Term Loan
Funds Tri-S's acquisition of The Cornwall Group's outstanding capital stock
Teltronics Inc.
Provider/Communications Solutions
CapitalSource Finance
Lead
11.0 $8MM revolver/$3MM Term Note
Portion of proceeds were used to settle Teltronics debt to CIT and Harris
Industrial Supply Solutions, Inc.
Distributor/Industrial Supplies
Webster Business Credit
Lead
11.0 Revolver/Term Loan
Five-year term
Reinhold Industries, Inc.
Manufacturer/Molding Compounds
LaSalle Bank
Lead
10.0 $4.5MM Revolver/$5.5MMTerm Loan
Term loan has four-year term
US LEC CP
Provider/Telecommunications Services
Wachovia Bank
Lead
10.0 Revolver
Natus Medical, Inc.
Manufacturer/Medical Devices
Wells Fargo Bank
Lead
10.0 Revolver
Funds Natus's acqusition of Bio-logic Systems
Globus Medical, Inc.
Manufacturer/Spinal Implants
Silicon Valley Bank
Lead
10.0 Revolver
MK Capital also participated
Neurobiological Technologies, Inc.
Developer/Biotechnology
Comerica Bank
Lead
10.0 Revolver
Five-year term
ASIMCO International
Manufacturer/Automotive Components
North Fork Business Capital
Lead
10.0 Revolver
Three-year term
Argo International Corporation
Distributor/Industrial Products
North Fork Business Capital
Lead
10.0 Revolver
Portrait Corporation of America, Inc.
Operator/Retail Portrait Studios
Wells Fargo Foothill
Lead
10.0 Revolver
Package also includes a $20MM letters of credit facility
Dreams, Inc.
Retailer/Sports Memorabilia
LaSalle Retail Finance
Lead
10.0 Revolver
Three-year term
Dynacq Healthcare, Inc.
Provider/Healtcare Services
Merrill Lynch Capital
Lead
10.0 Revolver
HealthTrans LLC
Administrator/Pharmacy Benefits
ORIX Venture Financing
Lead
10.0 $7 MM Term Loan/$3 MM Reolver
Transaction makes HealthTrans a wholly owned independent company
I/OMagic Corporation
Provider/Data Storage
GMAC Commercial Finance
Lead
10.0 Revolver
Five-year term
E.S. Robbins Corporation
Manufacturer/Polymer-Based Products
PNC Business Credit
Lead
9.3 $5.5MM Revolver/$3MM Term Loan/$500K Capital Expenditure
MED3000 Group Inc.
Provider/Healthcare Management Services
Merrill Lynch Capital
Lead
9.0 Revolver
EMRISE Corporation
Manufacturer/Defense Components
Wells Fargo Bank
Lead
9.0 Revolver
Replaces $3MM line of credit
Noble Roman's Inc.
Franchisor/Pizzarias
Wells Fargo Bank
Lead
9.0 Term Loan
Funds acqusition of SummitBridge's debt and equity interest in Noble Roman's
Healthy Pet Corp.
Operator/Veterinary Hospitals
Allied Capital Corporation
Lead
8.0 Revolver
Management of Healthy Pet also participated
IntriCon Corporation
Distributor/Medical & Electronic Products
Diversified Business Credit
Lead
8.0 $5.5 Revolver/$2.5 Term Loan
Management of Healthy Pet also participated
Del Global Technologies Corp.
Manufacturer/Medical Imaging Solutions
North Fork Business Capital
Lead
8.0 $6MM Revolver/$2MM Term Loan
Three-year terms
Tidyman's LLC
Operator/Supermarkets
Webster Business Credit
Lead
8.0 Revolver
Company operates under the Tidyman's Northwest Fresh Marketplace, Tidyman's Northwest Fresh, County Market and Dissmores IGA banners
Emess Design Group LLC
Retailer/Lighting & Home Décor
Hilco Financial
Lead
7.5 Bridge Loan
In conjunction with company's restructure by Goense Bounds & Partners LLC
Pacific CMA Inc.
Provider/Logistics Service
Laurus Master Fund
Lead
7.5 Revolver
Three-year terms
Bluefly, Inc.
Retailer/Designer Brands & Fashions
Wells Fargo Retail Finance
Lead
7.5 Revolver
Replaces $3.5MM facility from Rosenthal and Rosenthal
Aliquippa Community Hospital
Provider/Healthcare Services
Bridge Healthcare Finance
Lead
7.5 $3.0 MM Revolver/$4.5 MM Term Loan
Allows Aliquippa to exit bankruptcy
Neurological & Orthopedic Institute of Chicago
Provider/Healthcare
Bridge Healthcare Finance
Lead
7.5 Revolver
Medlink Imaging, Inc.
Distributor/Medical X-Ray Film
Sovereign Bank
Lead
7.0 Revolver/Term Loan
Used to acquire assets of company from its parent, Cine Magnetics
TeamStaff
Provider/Healthcare Staffing Services
PNC Bank
Lead
7.0 Revolver
Supports acquisition of RS Staffing 
Fred Hill Materials
Provider/Sand, Gravel and Concrete
Guaranty Business Credit
Lead
6.8 Revolver/Term Loan
Greenfield Wine Company
Producer/Wine
Comerica Bank
Lead
6.6 Real Estate Financing
Greenfield also increased revolver to $9.5MM from $8.25MM
Two Chefs on a Roll, Inc.
Manufacturer/Custom Food
PNC Business Credit
Lead
6.2 Revolver/Term Loan
Segmentz, Inc.
Provider/Transportation Services
Chemical Bank
Lead
6.0 Revolver
Two-year term
Tripath Technology Inc.
Provider/Digital Amplifiers
Bridge Bank
Lead
6.0 Revolver
One-year term
Industrial Enterprises of America, Inc.
Marketer/Refrigerants
Mercantile Business Credit
Lead
5.0 Revolver
Replaces existing credit line
Strong Capital Funding - 2005, LP
Servicer/Surplus Railroad Assets
NewStar Financial
Lead
5.0 Revolver
Eight-year term
Halsted Corporation
Manufacturers/Textile Packaging
Sovereign Bank, Asset Based Lending
Lead
5.0 Revolver
Repays existing senior debt
Geerlings & Wade, Inc.
Marketer/Wine
Wells Fargo Business Credit
Lead
5.0 Revolver
Three-year term; restructures existing debt
Community Hospital of Long Beach
Provider/Healthcare Services
Healthcare Finance Group
Lead
5.0 Revolver
Financing was part of recapitalization; included sub debt & preferred equity
ColorTyme Inc.
Franchisor/Rent-to-Own Companies
Texas Capital Bank
Lead
5.0 Revolver
Supports new growth venture, Pay Day Loans
Cathedral Rock Corporation
Operator/Assisted Living Facilities
Bridge Healthcare Finance
Lead
5.0 Revolver
Refinances existing secured lender
IWT Tesoro Corporation
Provider/Floor & Wall Covering Materials
Laurus Master Fund Ltd.
Lead
5.0 $2MM Revolver/$3MMBorrowing Note
Force Protection, Inc.
Manufacturer/Mine-Protected Vehicles
GC Financial Services
Lead
5.0 Revolver
Coupled with a factoring agreement
MSSI-TeleScience International Inc.
Provider/Medical Personnel & Technology Services
Textron Financial
Lead
5.0 Revolver
Funds operations of subsidiaries, Nurses PRN Acqusition & TeleScience International
Progressive Employer Services, Inc.
Provider/Staffing Services
PNC Business Credit
Lead
5.0 Revolver
Progressive received $6MM private equity investment from Palm Beach Capital Partners in Aug. 2004
SPACEHAB, Incorporated
Provider/Commercial Space Services
First American Bank
Lead
5.0 Revolver
Relationship marks the transition of the company's financial center from Washington, D.C. to its headquarters in Houston
AMG International, Inc. d/b/a Freeman Products
Manufacturer/Trophy Parts
Webster Business Credit
Lead
5.0 Revolver
Three-year term
Omnii Products
Manufacturer/Dental Products
Guaranty Business Credit
Lead
5.0 Revolver
Four-year term
Metretek Technologies Inc.
Provider/Energy Services
First National Bank of Colordo
Lead
4.5 Revolver
Replaces $3.26MM facility
Trinity Learning Corporation
Provider/Workplace Learning Services
Instream Capital
Lead
4.5 Term Loan
18-month term
Stanton Group
Distributor/Audio & Disc Jockey Equipment
MidCap Business Credit
Lead
4.5 Revolver
Provides Stanton Magnetics, Cerwin-Vega! and KRK Systems with working capital
Northwoods Health System
Operator/Nursing Homes
GE Healthcare Financial Services
Lead
4.0 Revolver
GE HFS also provided a $23.5MM first mortgage loan
The Interflex Group, Inc.
Manufacturer/Printed Packaging
Guaranty Business Credit Corp.
Lead
4.0 Revolver
Refinances existing revolver
Naturade, Inc.
Supplier/Natural Health Products
Laurus Master Fund
Lead
4.0 $3MM Revolver/$1MM Term Loan
Three-year term
Interflex Group, Inc.
Manufacturer/Flexible Packing
Guaranty Business Credit
Lead
4.0 Revolver
Monarchia Matter International
Distributor/Wines
Capstone Business Credit
Lead
3.6 $1.2MM Purchase Order Financing/$2.4MM Factoring
Two-year term
Thinkpath Inc.
Provider/Engineering Solutions
Laurus Master Fund
Lead
3.5 Revolver
Portion of proceeds used to retire balance of all outstanding convertible debentures
The Electro Prime Group LLC
Supplier/Automobile Components
GMAC Commercial Finance
Lead
3.2 $2.25MM Revolver/$700K Term Loan/$200K Capital Expenditure Line
Three-year term
Ramtron International Corporation
Developer/Computer Memory Products
Silicon Valley Bank
Lead
3.0 Term Loan
Term loan has adjustable rate
SearchHelp
Provider/Internet Protection Services
Commercial Capital Lending
Lead
3.0 Revolver
Receives financing through Century Business Credit
Ramtron International
Developer/Ferroelectric RAM Products
Silicon Valley Bank
Lead
3.0 Term Loan
Used in acquisition of Goal Semiconductor
Smith Engines, Inc.
Distributor/Engine & Outdoor Equipment Parts
Business Alliance Capital Corp.
Lead
3.0 A/R & Inventory Facility
Jet Set Style
Designer/Women's Active Wear
Capstone Business Credit
Lead
3.0 Revolver
Deal expires in February 2007 
QuestAir Technologies, Inc.
Manufacturer/Advanced Gas Purification Systems
Comerica Bank
Lead
3.0 $1MM A/R Credit Line/$2MM Term Loan
Term loan finances capital investments
Buckingham Capital Partners
Equity Sponsor
Business Alliance Capital
Lead
3.0 Revolver
Financing for acquisition of Tranter Radiator Products
Rockwell Medical Technologies, Inc.
Manufacturer/Medical Equipment
Standard Federal Bank
Revolver
2.8 Lead
Loan facility expires March 31, 2006
Strategic Governmental Solutions, Inc.
Provider/Medicaid Contracting Services
Medical Capital
Lead
2.5 Revolver
Funds include an intitial purchase and weekly advances
ION Networks Inc.
Manufacturer/Security Solutions
Bridge Bank
Lead
2.5 Revolver
Two-year term
Michelex Corporation
Manufacturer/Specialty Plastic Products
Commercial Capital
Lead
2.5 Revolver
Buys out revolver with Wells Fargo
Emerging Vision, Inc.
Provider/Eye Care Products
M&T Bank
Lead
2.0 Revolver
Two-year term
National Challenge Systems, Inc.
Provider/Vacuum Truck Services
Textron Financial
Lead
2.0 Revolver
Replaces existing $1MM facility with Scotiabank 
RadView Software, Ltd.
Provider/Software Testing Tools
Comerica Bank
Lead
2.0 Revolver
Replaces unsecured $50.0 MM credit agreement
Charles Beseler Company
Manufacturer/Photographic Equipment
Entrepreneur Growth Capital
Lead
1.7 $1.4MM Revolver/$300,000 Term Loan
Revolver used accounts receivables and inventory; term loan against real estate
RAB Communications, Inc.
Contractor/Telecommunications Services
MidCap Business Credit
Lead
1.5 Revolver
Provides additional working capital
Implant Sciences Corporation
Manufacturer/Medical Products
Bridge Bank
Lead
1.5 Revolver
One-year term 
Bailey Tool & Manufacturing Inc.
Producer/Art Tools
MidCap Business Credit
Lead
1.2 Revolver
Tallan, Inc.
Provider/Technology Solutions
MidCap Business Credit
Lead
1.0 Revolver
Provides additional working capital
Kelman Technologies
Provider/Technology Services
Toronto Dominion Bank
Lead
1.0 Revolver
Boundless Corporation
Manufacturer/Desktop Display Devices
Entrepreneur Growth Capital
Lead
1.0 Revolver
The loan is a replacement debtor-in-possession working capital facility