Notable ABL Transactions
Data gathered from direct sources, news releases and other public information — covers 4/1/07 through 6/30/07.

LENDER(S) & ROLE BORROWER & INDUSTRY AMOUNT* STRUCTURE & NOTES
Berry Plastics Group Inc.
Manufacturer/Plastic packaging products
Bank of America Business Capital
Lender
400.0 Revolver, Letters of Credit
Refinances previous debt
American Commercial Lines Inc.
Integrated marine transportation
service company Wells Fargo Bank/Bank of America, JPMorgan Chase/Fortis, LaSalle et al 
Admin Agent/Co-syndication agents/Co-documentation agents
400.0 Revolver
Five-year term/Replaces previous debt
WESCO Distribution Inc.
Distributor/Electrical supplies
equipment GE Commercial Finance Corporate Lending
Lender
365.0 Asset-based facility
GE Capital Markets is arranger
Red Robin Gourmet Burgers Inc.
Casual dining restaurant chain
Wachovia Capital Markets
Sole Lead Arranger, Bookrunner
300.0 $150MM Term Loan/$150MM Revolving Line of Credit
Five-year term/Replaces previous debt
Jason Inc.
Manufacturer/Comprised of five businesses
GE Capital Markets
Sole lead arranger, bookrunner
260.0 $40MM Revolver/$220MM Term Loan
GE Antares Capital: admin agent
Handleman Company
Distributor/Music CDs
video games GE Commercial Finance Corporate Lending, GE Capital Markets
Co-Lead arrangers
250.0 $110MM asset-based facility/$140MM Revolver
Riviera Holdings Corporation
Operator/Riviera Hotel & Casino
Riviera Black Hawk Casino Wachovia Capital Markets, Wachovia Bank
Sole Lead Arranger/Bookrunner, Admin Agent/Sole Initial Lender
245.0 $20MM Revolver/$225MM Term Loan
Wells Fargo Foothill: syndication agent/CIT Lending Services: documentation agent
Transaction Network Services Inc.
Provider/Data communications services
GE Capital Markets
Lead Arranger
240.0 $15MM Revolver/$225MM Term Loan
GE Commercial Finance, admin agent/Supports recap
Patheon Inc.
Provider/Drug development
manufacturing services J.P. Morgan Securities and GE Commercial Finance
Arrangers
225.0 $75MM Revolver/$150MM Term Loan
Term loan: seven-year term/Revolver: five-year term
Fenway Partners Inc. Roadlink USA Inc.
Middle-market private equity firm/Provider: Intermodal logistics services
GE Capital Markets, BMO Capital Markets
Co-Lead Arranger, Bookrunner/Co-Lead Arranger, Syndication Agent
219.0 $160MM First Lien/$59MM Second Lien
GE Antares: admin agent/Supports WSS, Staffworks acquisitions
Callon Petroleum Company
Operator
Developer/Oil & gas properties in Gulf Coast region Merrill Lynch Capital
Lender
200.0 Revolver
Supports BP's Entrada Field Acquisition/Seven-year term
Ferrous Processing & Trading Co.
Provider/Scrap recovery processes
scrap-derived raw materials Wachovia Capital Finance
Sole lead arranger/Bookrunner/Admin agent
175.0 Revolver
Ormet Corp.
Provider/Fully-integrated aluminum
Wachovia Capital Finance
Lead arranger/Bookrunner/Admin agent
175.0 Revolver/Term Loan
Essex Crane Rental Corp.
Provider/Crawler crane rentals
Wachovia Capital Finance
Lead arranger/Sole bookrunner/Admin agent
170.0 Revolver
York Tape and Label Inc.
Manufacturer/Prime
pressure sensitive labels GE Capital Markets
Lender
170.0 $20MM First Lien Revolver/$100MM First Lien Term Loan/$50MM Second Lien Revolver
Supports recap of company by Wind Point Partners/GE Antares is admin agent
Multimedia Games Inc.
Developer/Comprehensive systems
electronic games player terminals Comerica Bank
Lender
150.0 Revolver
Five-year term/Replaces previous debt
Danka Business Systems PLC
Provider/Enterprise imaging systems
services GE Corporate Lending
Lender
145.0 $40MM Revolver/$60MM Term Loan/$45MM Second Lien
Refinances previous debt
Park Avenue Equity Partners II
Private equity firm
GE Capital Markets
Lead Arranger, Bookrunner
143.0 $20MM Revolver/$93MM Term Loan/$30MM Mezzanine Loan
GE Commercial Finance, admin agent/Supports acquisition of Coastal Concrete
Universal Hospital Services Inc.
Provider/Medical equipment lifecycle services
Merrill Lynch Capital
Lead Lender
135.0 Line of Credit
Photronics Inc.
Manufacturer/Photomasks
JPMorgan Chase, Citizens Bank of Massachusetts, HSBC Bank USA, Citibank
Admin Agent/Collateral Agent, Co-syndication Agents
125.0 Revolver
Bank of America, UBS Loan Finance participating/Five-year term
Cortec Group Fund IV
Private equity firm
GE Capital Markets
Sole Lead Arranger/Bookrunner
118.0 $10MM Revolver/$108MM Term Loan
GE Antares Capital, GE Healthcare Financial Services: admin agent/Supports The Hygenic Corp. acquisition
TLC Vision Corp.
Eye care services company
CIT Healthcare
Lender
110.0 $25MM Revolver/$85MM Term Loan
Navarre Corporation
Publisher
Distributor/Home entertainment multimedia products GE Corporate Lending
Lender
110.0 Revolver
GE Capital Markets: arranger/Replaces previous debt
NEPTCO Inc.
Manufacturer/Engineered materials
GE Capital Markets/GE Antares Capital
Sole Lead Arranger/Bookrunner, Admin. Agent
101.0 $20MM Revolver/$81MM Term Loan
Supports company recap
BI-LO LLC
Operator/Southeast supermarket chain
Merrill Lynch Capital
Sole Lead Arranger, Sole Bookrunner, Admin Agent
100.0 Revolver
Refinances previous debt
NaviSite Inc.
Provider/Application
technology services CIBC World Markets
Lead Arranger/Sole Bookrunner
100.0 $10MM Revolver/$90 MM Term Loan
Revolver: five-year term/Term Loan: six-year term
Multi-Color Corporation
Provider/Decorating solutions
packaging services LaSalle Bank, BMO Capital, Key Bank and PNC Bank
Lenders
100.0 Revolver
Five-year term/Refinances previous debt
European Metal Recycling LLC
UK-based metal recycling company
PNC Bank
Lender
100.0 $70MM Revolver/$30MM Term Loan
Support expansion into U.S.
InterMedia Partners L.P.
Private equity investment firm
CIT Communications, Media and Entertainment
Lender
95.0 Revolver
Supports acquisition of LIN Television Corp.'s assets in Puerto Rico
Audax Group
Investor/Middle-market companies
GE Capital Markets
Lead Arranger/Bookrunner
90.5 Revolver/Term Loan/Acquisition Facility
GE Antares: admin agent/Supports A&A Manufacturing Co. acquisition
Cambridge Inc.
Provider/Metal conveyor belts
GE Capital Markets
Sole Lead Arranger, Bookrunner
90.0 $15MM Revolver/$75MM Term Loans
GE Antares: admin agent/Supports company recap
Peak Broadcasting LLC
Broadcasting company
GE Capital Markets
Lead Arranger/Bookrunner
86.5 $68.5MM First Lien
GE Media, Communications & Entertainment: admin agent, underwriter
The Newark Group Inc.
Provider/Recycled paperboard
Wachovia Capital Finance
Lead arranger/Sole bookrunner/Admin agent
85.0 Revolver
Ryan & Company Inc.
Provider/State
local tax consulting Bank of America, Comerica Bank and JPMorgan Chase
Lender
80.0 Multi-Currency Syndicated facility
Supports future growth
Rackspace Managed Hosting Ltd.
Provider/Enterprise-level managed services
Comerica Bank, JPMorgan Chase
Lenders
70.0 $45MM Revolver/$25MM Term Loan
Monomoy Capital Partners L.P.
Private equity firm
National City Business Credit
Agent
68.5 $55MM Revolver/$13.5MM Term Loan
Supports The Anchor Hocking Company acquisition
Jazz Semiconductor Inc.
Manufacturer/Analog
radio frequency wafers Jazz Semiconductor, Inc.
Lead arranger/Admin agent
65.0 Revolver
ColorMatrix Group Inc.
Manufacturer/Liquid color
additive concentrates for thermoplastic products GE Capital Markets
Lead Arranger/Bookrunner
65.0 Revolver/Term Loan
GE Antares: admin agent/Supports The Colorant-Chromatics Group acquisition
Evergreen Tank Solutions Inc.
Provider/Temporary liquid
solid storage containers Bank of America Business Capital
Lender
60.0 Revolver
Supports NES Rentals Holdings storage tank division acquisition
EarthColor Inc.
Provider/Commercial print solutions
Bank of America Business Capital
Lender
60.0 Revolver
Refinances previous debt
E&B Giftware LLC
Manufacturer/High-impulse
niche accessories GE Capital Markets, Cratos Capital Management
Co-Lead Arrangers
55.0 $15MM Revolver/$36MM Term Loan A/$4MM Term Loan B
GE Antares: admin agent
Goods Movement Inc.
Provider/Materials handling
logistics NewStar Financial
Lead arranger, syndication agent
53.0 $6MM Revolver/$47MM Term Loan
Five-year terms
Thompson Street Capital Partners
Manager/$445 million private equity fund
GE Capital Markets
Sole Lead Arranger
52.0 $8MM Revolver/$44MM Term Loan
Supports recap of Kele/GE Antares: admin agent
Marshfield DoorSystems Inc.
Manufacturer/Commercial architectural wood door
door core GE Antares Capital
Lender
51.0 $10MM Revolver/$36MM Term Loan/$5MM CAPEX Line
Supports company recap
Cable Solutions Group Inc.
Manufacturer/Engineered steel
cables assemblies synthetic ropes Merrill Lynch Capital
Sole Lead arranger, admin agent
50.0 Revolver
Supports The Cortland Companies acquisition
Scott Brass Inc
Producer/High-quality brass & copper strip
Wachovia Capital Finance
Sole lender
50.0 Revolver/Term Loan
Diversified Machine Inc.
Precision machining company
Merrill Lynch Capital
Lead Arranger/Admin Agent
50.0 Revolver
Supports Hayes Lemmerz International suspension components division acquisition
Vertis Communications Inc.
Provider/marketing & media solutions
Crystal Capital Fund, L.P.
Lead Arranger
50.0 Term Loan
Refinances previous debt
Lily Transportation Corp.
Provider/Transportation
distribution services Textron Business Credit, Wachovia Capital Finance
Co-Lenders
50.0 Revolver
Remmele Engineering Inc
Manufacturer/Precision machined parts
Wachovia Capital Finance
Sole lead arranger/Manager/Bookrunner
47.5 Revolver
McAlister's Deli
Operator/Chain of quick casual restaurants
Merrill Lynch Capital
Lender/Admin Agent
47.0 Revolver
Supports recap
SMART Papers LLC
Manufacturer/Premium coated
uncoated printing papers Wells Fargo Foothill
Lender
45.0 Revolver
CIC Partners LP
Investor/middle-market food industry
Emporia Capital Funding
Sole Lead Arranger
44.5 Senior, Second Lien facilities
Supports River Point acquisition
Palm Inc.
Provider/Mobile computing
JPMorgan, Morgan Stanley
Joint Bookrunners
40.0 Revolver
Supports company recap
Simply Goodies LLC
Newly formed entity of Blueberry Hill Foods
Warner Candy Co. Bridge Finance Group
Lender
39.2 $23.5MM Revolving Line of Credit/$15MM Direct Finance Lease/$.65MM Term Loan
Nashua Corporation
Manufacturer/Specialty imaging products
services LaSalle Bank and Bank of America
Lenders
38.0 $28MM Revolver/$10MM Term Loan
Five-year term/Replaces previous debt
Tinicum Capital Partners II
Private investment partnership
Merrill Lynch Capital
Sole lead arranger/Admin agent
37.0 Revolver
Supports Western Pneumatic Tube acquisition
DHB Industries Inc.
Provider/Protective body armor
LaSalle Business Credit
Lender
35.0 Revolver
Three-year term
Carex Health Brands
Provider/Self-care products
Merrill Lynch Capital
Sole lender, admin agent
33.0 Revolver
Support Thera-Med, Inc. acquisition
HSE Integrated Ltd.
Supplier/Industrial health
safety environmental services CIBC
Lender
32.5 $25MM Revolver/$7.5MM Operating Facility
Revolver: three-year term
Cascade Windows
Manufacturer/Full line of vinyl windows
patio doors Merrill Lynch Capital
Lead Arranger/Admin Agent
32.0 Revolver
Supports company recap
Penn Foster Career School
Provider/Distance education
GE Media, Communications & Entertainment
Lender, Admin Agent
30.0 Revolver
Support Education Direct, Thompson Education Direct acquisitions
Rockford Products Corp.
Manufacturer/Steel cold-formed components
fasteners etc. Bridge Finance Group
Lender
27.5 $20.5MM Revolving Line of Credit/$7.0MM Term Loan
Madacy Entertainment Income Fund
Developer
Marketer/Recorded music products LaSalle Business Credit
Lender
27.0 Revolver
Refinances previous debt
North American Galvanizing & Coatings Inc.
Manufacturer/Hot-dip galvanizing
coatings Bank of America
Swing line lender, admin agent
25.0 Revolver
Refinances previous debt
Monomoy Capital Partners L.P.
Private equity firm
PNC Bank
Lender
25.0 Revolver/Term Loan/CAPEX
Supports Kurz-Kasch, acquisition/Steel City Capital Funding provided second lien term loan
Keeco LLC
Designer
distributor/Bedroom linens U.S. Bank Business Credit
Lender
25.0 Revolver
Refinances previous debt
Somero Enterprises Inc.
Manufacturer/Laser guided equipment
Citizens Bank New Hampshire
Lender
24.0 $14MM Revolving Line of Credit/$10MM Term Loan
Tectura Corp.
Provide/Microsoft Integrated Business Solutions
Hercules Technology Growth Capital
Lender
22.0 Debt Financing
Supports future acquisitions
Caffeine Inc.
Manufacturer/Young men's sportswear collection
Capstone Business Credit
Lender
21.2 $13.8MM Factoring/$7.4MM PO Financing
Two-year term
IsoTis Inc.
Manufacturer/Musculoskeletal diseases
disorders treatment products Merrill Lynch Capital, Silicon Valley Bank
Lenders
20.0 $10MM Term Loan/$10MM Revolving Line of Credit
Three-year term
Syntax-Brillian Corporation
manufacturer/LCD
LCoS(tm) HDTVs digital entertainment products CIT Commercial Services
Lender
20.0 Term Loan
Centric Health Finance LLC
Provider/Business management & financial services
GE Healthcare Financial Services
Lender
20.0 Revolving Line of Credit
Supports growth plans
Cervalis LLC
Provider/IT infrastructure solutions
MCG Capital Corp.
Lender
20.0 Revolver
Supports expansion plans
Rubicon Technology Inc.
Provider/Innovative solutions for opto-electronics
compound semiconductor semiconductor fabrication customers Hercules Technology Growth Capital
Lender
16.0 Growth Capital/Equipment Financing
Ginsey Industries Inc.
Manufacturer/Juvenile
adult bath products PNC Bank 
Lender
15.6 $11MM Revolver/$4.6MM Term Loan
Supports acquisition by Hunt Private Equity Group
U.S. Floor Inc.
Provider/Green"
environmentally responsible flooring" GMAC CF Commercial Services Division
Lender
15.0 Revolver
GE Antares: admin agent/Supports company recap
LOREX Technology Inc.
Developer/Digital video
security surveillance products Wells Fargo Business Credit
Lender
15.0 $13MM Asset-based facility/$2MM Term Loan
Replaces previous debt
Safe Renewables Corporation
Producer/Biodiesel
Marquette Commercial Finance, Aequitas Capital Management
Lenders
15.0 $10MM Working Capital Facility/$5MM Convertible Debenture
Ability to expand both facilities to $200MM
KN Rubber LLC
Combo/Koneta
Inc. National Rubber Technologies manufacturers of rubber products PNC Bank
Lender
14.6 $10MM Revolver/$.6MM Term Loan/C$4MM Term Loan
Supports Koneta Inc., NRI Industries acquisitions
IntriCon Corporation
Manufacturer/Medical
electronic products LaSalle Bank
Lender
14.5 $10MM Revolver/$4.5MM Term Loan
Revolver: five-year term/Supports Tibbetts Industries acquisitions
Seismic Equipment Solutions II L.P.
Provider/Leasing
selling technical support of instrumentation PNC Bank
Lender
14.0 Revolver/Letters of credit
Refinances existing debt
Discovery Laboratories Inc.
Bio-pharmaceutical company
Merrill Lynch Capital Healthcare Finance Group
Lender
12.5 Revolver
Case-It
Distributor/Media storage/Back-to-school products
Webster Business Credit Corporation
Lender
12.5 Revolver
FAS Controls Inc.
Manufacturer/Pressure switches
valves circuit breakers coils PNC Bank
Lender
12.5 $7MM Revolver/$5.5MM Term Loan
Supports acquisition of Honeywell by IOP, establishment of FAS
Paradigm Holdings Inc.
Provider/IT
business solutions SVB Silicon Valley Bank
Lender
12.5 Revolver
Supports future growth
Barrier Therapeutics Inc.
Provider/Communications solutions
services Merrill Lynch Capital
Lender
12.0 Revolver
Three-year term
Teltronics Inc.
Pharmaceutical company
Wells Fargo Foothill
Lender
12.0 Revolver
Supports growth strategies
FDP Virginia Inc.
Manufacturer/Aftermarket automotive brake parts
PNC Bank 
Lender
11.0 Revolver
Refinances previous debt
EKOS Corporation
Provider/Ultrasound-accelerated
fluid infusion catheters Hercules Technology Growth Capital
Lender
10.0 Debt Financing
The Bombay Company Inc.
designer/Line of home accessories
wall décor furniture GB Merchant Partners
Lender
10.0 Term Loan
Neosil Inc.
Dermatology-focused pharmaceutical company
Hercules Technology Growth Capital
Lender
10.0 Venture Debt Financing
Aerial Access Equipment Inc.
Medium-duty equipment rental business
North Fork Business Capital
Lender
9.0 $3MM Revolving Line of Credit/$6MM CAPEX Term Loan
Three-year term/Supports expansion plans
Coordinated Home Health Care Inc
Provider/Unskilled home health services
Healthcare Finance Group
Lender
8.5 $3MM Revolver/$5.5MM Term Loan
Supports acquisition of CHHC by Transition Capital Partners
HEI Inc.
Manufacturer/Microelectronics
subsystems systems etc. Wells Fargo Business Credit
Lender
8.3 $8MM Revolving Line of Credit/$.34MM Term Loan
Three-year term/Export-Import Bank was underwriter for portion of revolver
MJ Christensen Diamond Centers
Retailer/Diamonds
fashion jewelry Webster Business Credit Corp.
Lender
8.0 Revolver
Three-year term
Berliner Communications Inc.
Provider/Outsourced services for wireless communications industry
Presidential Financial Corporation
Lender
8.0 Line of Credit
Waterfront Media Inc.
Online health media company
Hercules Technology Growth Capital
Lender
8.0 Venture Debt Financing
Seagull Enterprises LLC
Supplier/Carpet
vinyl hard-surface flooring Webster Business Credit Corporation
Lender
7.0 Revolver
Supports recap to facilitate ownership, management succession
Brantley Acquisition LLC
Hauler/Oilfield equipment
Marquette Business Capital
Lender
6.0 Revolving Line of Credit/Term Loans
LTS Logistics LLC
Provider/Third-party logistics
transportation management Webster Business Credit Corporation
Lender
5.3 Revolver
Supports purchase transaction
JPS Corporation
Manufacturer/Cargo control products 
Marquette Business Credit
Lender
5.0 Revolving Line of Credit/Term Loan
Vertical Branding Inc.
Provider/Consumer products branding
marketing distribution BFI Finance
Lender
5.0 Revolving Line of Credit
Replaces previous debt
Leader Funding Inc.
Lender/Construction
RBA Capital
Lender
5.0 Revolver
Supports future growth
Veronica Foods Company Inc.
Importer/Super-premium organic extra virgin olive oil
related blends specialty oils Marquette Business Credit
Lender
5.0 $5MM Revolving Line of Credit, Term Loan, CAPEX Line
CITTIO Inc.
Provider/Automated network
systems monitoring software Hercules Technology Growth Capital
Lender
5.0 Debt financing
Klegg Electronics Inc.
Manufacturer/Consumer electronics
Ashford Finance
Lender
5.0 Revolver
Supports marketing and advertising
Argos Therapeutics Inc.
Biotechnology company
Silicon Valley Bank, Oxford Finance Corp.
Lender
5.0 Debt Financing
Three-year term
EDGAR Online Inc.
Provider/Business
financial information Rosenthal & Rosenthal, Inc.
Lender
5.0 $2.5MM Revolver/$2.5MM Term Loan
Term Loan: three-year term
Mendocino Brewing Company Inc.
Distributor/Beer
Brewer Marquette Business Credit
Lender
4.9 Revolving Line of Credit/Term Loan
St. Bernard Software Inc.
Provider/Comprehensive security
hosted office solutions SVB Silicon Valley bank
Lender
4.0 $2MM Revolving Line of Credit/$2MM Term Loan
Replaces previous debt
NeoGenomics Inc.
Provider/Cancer genetics testing
Wachovia Bank
Lender
4.0 $2MM Working Capital Facility/$2MM CAPEX Facility
International Apparel Group Inc.
Apparel Holding Company
Platinum Funding Group
Lender
4.0 Factoring Facility
Two-year term
PPI/Time Zero Inc.
Provider/Printed circuit board assembly
final box assembly testing Webster Business Credit Corp.
Agent
3.0 Revolver
Three-year term
Best Funding Corp.
Lender/Rehab facilities 
RBA Capital
Lender
3.0 Revolver
Arichem LLC
Manufacturer/Chemicals used in various industries
Marquette Business Credit
Lender
3.0 Revolving Line of Credit/Term Loan
Party Time Rental Inc.
Event rental company
Bridge Business Bancorp
Lender
2.8 Term Loans
Pays off all long-term debt
Florida Trim Inc.
Provider/Materials
installation services Puritan Finance
Lender
2.5 Revolver
Houlihan Smith & Company: financial advisor
Furniture Factory Warehouse Inc.
Operater/12 retail stores throughout Texas
Webster Business Credit Corp.
Lender
2.0 Revolver
Three-year term
Cygnal Technologies Corporation
Provider/Network communication solutions
Laurus Master Fund
Lender
2.0 Debt Financing
TVM Building Products Inc.
Distributor/Reflective insulation material and sealants
Marquette Business Credit
Lender
2.0 Revolving Line of Credit
Pacific Imaging LLC
Provider/Multi-modality outpatient diagnostic imaging
Bridge Business Bancorp
Lender
2.0 SBA 7(a) Term Loan
Re-finances equipment lease
Americal Corp.
Distributor/Hosiery products
Midwest Business Capital
Lender
1.9 Mortgage Loan 
Refinances existing mortgage