Deal Charts

ABL Deal Chart 2013 Q4

Notable Transactions

Data gathered from direct sources, news releases and other public information (2013/10/01-2013/12/31)

Dollar amounts in millions

Note: Click Column Headings to Activate Sorting Options.

2013/10/04 A10 Networks
Provider/Networking & Security Solutions
RBC Capital Markets
Admin Agent
35.0 Revolver
Co-bookrunners: BofA Merrill, J.P. Morgan & RBC Cap Mkts; $80MM equity investment by Summit Partners
2013/10/14 Acxiom
JPMorgan Chase
Admin Agent
600.0 $300MM Undrawn Revolver/$300MM Term Loan
Repays debt; jt bookrunners & jt ld arrangers: J.P.M Sec, Merrill, Bank of Tokyo-Mitsubishi UFJ & WF Sec; co-doc agents: SunTrust Bank, PNC Bank, Regions Bank & Compass Bank
2013/12/10 Advanced Pipeline
Provider/Construction & Maintenance Services
First Capital
6.8 $5MM Revolver/$1.8MM Term Loan
Replaces previous lender
2013/12/02 Advicent Solutions
Provider/SaaS Financial Planning Solutions
BMO Harris Bank Sponsor Finance
Sole Ld Arranger, Sole Bookrunner & Admin Agent
49.5 Revolver
Vista Equity Partners portfolio company
2013/11/14 Aker Philadelphia Shipyard
Provider/U.S. Vessels
Tennenbaum Capital Partners
Ld Lender
65.0 Term Loan
Five-year term; private lenders also provided financing
2013/10/29 AM3 Pinnacle
Provider/Internet, TV & Voice Services
Main Street Capital
Ld Syndicator
50.0 Revolver
MSC provided $22.5MM
2013/11/12 AMD
Designer/PC & Tablet Technology Services
Admin Agent
500.0 Revolver
Five-year term; supports growth
2013/11/12 American West Worldwide Express
Provider/Transportation Solutions
Marquette Business Credit
2.5 Revolver
2013/12/30 Arch Coal
PNC Bank
Admin Agent
1930.0 Term Loan
Reduces revolver to $250MM
2013/12/09 Atmel
Morgan Stanley Senior Funding
Admin Agent
300.0 Revolver
Five-year term
2013/10/22 Bachmann Industries
Distributor/Model Trains
NewStar Business Credit
12.0 Revolver
Supports future growth
2013/10/09 Benada Aluminum Products
Manufacturer/Aluminum Products
Capital Business Credit
5.0 ABL Facility
2013/11/07 BENU
Provider/Healthcare IT
GE Capital, HFS
Admin Agent & Sole Lender
7.5 Admin Agent & Sole Lender
Refinances debt; supports growth
2013/12/18 Billabong International
Retailer/Apparel & Accessories
GE Capital
100.0 ABL Revolver
Closed in addition to term loan w/ Centerbridge Partners & Oaktree Capital Consortium
2013/11/21 Bri-Chem
Provider/Drilling Fluids & Related Services
CIBC, HSBC Bank Canada
90.0 ABL Facility
$10MM increase; maturity extended to Aug. 2016
2013/11/19 Bunkers International
Provider/Marine Fuel Supply & Brokering Services
PNC Bank
50.0 ABL Revolver
Refinances debt
2013/12/18 Caliber Midstream Partners
Provider/Midstream Services
Admin & Col Agent, Jt Ld Arranger & Jt Bookrunner
200.0 Revolver
Five-year term; up to $300MM w/ accordion; jt ld arrangers, jt bookrunners & co-syn agents: Wells Fargo Sec & Credit Suisse Sec; doc agent: Amegy Bank
2013/12/05 California Products
Manufacturer/Environmental Remediation Systems
BMO Harris Bank Sponsor Finance
Sole Ld Arranger, Sole Bookrunner & Admin Agent
45.0 Revolver
2013/11/05 Camping World
Retailer/Recreational Vehicles
Admin Agent
525.0 Admin Agent
Co-agent: JPMorgan; lenders: US Bank, SunTrust, KeyBank, M&T Bank, Bank of the West, Ally Bank, CIT
2013/11/06 Central States Tower II
Developer/Wireless Communications Towers
CIT Corporate Finance
35.0 Lender
Refinances debt; Sweetwater Cap & Viridian Investment Partners portfolio company
2013/11/26 Comstock Resources
Developer/Oil & Gas
BMO Capital
1000.0 Revolver
Replaces $750MM facility
2013/11/26 Conn's
Retailer/Electronics & Appliances
Bank of America
Admin Agent
850.0 ABL Facility
Four-year term
2013/12/27 Consolidated Communications
Provider/Communications Services
Wells Fargo Sec
Left Ld Arranger & Bookrunner
985.0 $75MM Revolver/$910MM Term Loan
5-yr revolver; 7-yr term loan; debt refi; jt ld arranger & jt bookrunner: Morgan Stanley Sr Funding
2013/11/26 Crawford & Company
Provider/Claims MGMT Solutions
Wells Fargo Sec, BofA Merrill
Jt Ld Arrangers & Jt Ld Bookrunners
400.0 Revolver
Five-year term; doc agent: RBS Citizens; participants: Northern Trust, HSBC Bank USA, RBC, Fifth Third & SunTrust
2013/12/26 Cumulus Media
Broadcaster/Pure-Play Radio
JPMorgan Chase
Admin Agent
2225.0 $200MM Revolver/$2.025B Term Loan
Co-syn agents: Royal Bank of Canada & Macquarie Capital; Co-documentation agents: Credit Suisse AG-Cayman Islands Branch, Fifth Third, Goldman Sachs & ING Capital
2013/12/03 Daseke
Provider/Transportation Services
PNC Bank
89.0 ABL Facility
Supports merger w/ Boyd Bros. Transportation & Boyd Logistics
2013/11/08 Dataram
Manufacturer/Computer Memory & Software Products
Rosenthal and Rosenthal
3.5 Revolver
Three-year term
2013/11/21 Dell
Provider/Technology Products
BofA Business Capital
2000.0 ABL Facility
Supports acquisition by Michael Dell & Silver Lake Partners
2013/10/29 Dongbu Daewoo Electronics America
Manufacturer/Household Appliance
NewStar Business Credit
15.0 Revolver
2013/10/01 Dresser-Rand Group
Supplier/Rotating Equipment Solutions
J.P. Morgan Securities
Admin Agent
1460.0 Revolver
Five-year term; $400MM increase
2013/10/08 Drive Medical
Manufacturer/Durable Medical Products
GE Capital, Healthcare Financial Services
Admin Agent
115.0 Revolver
Up to $165MM w/ accordion; sole ld arranger & bookrunner: GE Cap Mkts
2013/10/30 DTT
Provider/Surveillance & Loss Prevention Services
Capital One Bank
Ld Bank & Agent
60.0 Revolver
CapitalSource completed the funding
2013/12/17 Dunham's Athleisure
Retailer/Sporting Goods
GE Capital, Corporate Retail Finance
Admin Agent
250.0 Revolver
Supports store growth
2013/12/02 EMCOR
Provider/Mechanical & Electrical Construction Services
BMO Capital Mkts, BofA Merrill, JPM, RBS Citizen's
Jt Ld Arrangers & Jt Bookrunners
1100.0 $750MM Revolver/$350MM Term Loan A
Five-year term; replaces existing facility
2013/11/04 Energy Transfer Equity
Owner/Energy Transfer Partners
Credit Suisse
Admin Agent
600.0 Admin Agent
Five-year term
2013/11/19 Epic Health Services
Provider/Pediatric Home Health & Therapy Services
CIT Corporate Finance
Sole Ld Arranger
110.0 Revolver
Webster Capital portfolio company; CIT Bank provided the financing
2013/10/03 Equinix
Provider/Data Centers Services
Merrill Lynch
Ld Arranger
750.0 $550MM Multi-Currency Revolver/$200MM TL
Admin agent: BofA; supports REIT conversion
2013/10/30 ExteNet Systems
Operator/Wireless Carrier Networks
SunTrust RH, CIT Finance
210.0 $10MM Revolver/$140MM TL/$60MM Delayed-Draw TL
Supports new networks and network expansions; debt refi; participants: Brown Brothers Harriman, CapitalSource, Comerica, ING, The Private Bank, Toronto Dominion & Webster Bank
2013/12/12 Fiesta Restaurant Group
Operator/Fast-Casual Restaurant Brands
Wells Fargo
Admin Agent
150.0 Revolver
Syn agent & lender: JPMorgan
2013/11/20 First Choice ER
Provider/Emergency Room System
Fifth Street Finance Corp.
75.0 Term Loan
Deal closed in conjunction with Sterling Partners
2013/11/15 First Wind & Emera, Northeast Wind
Developer/Renewable Energy
Morgan Stanley, Goldman, BNP, KeyBank, Union, CIT, Industrial & Comm'l BofChina
Jt Ld Arrangers, Jt Bookrunners
395.0 $75MM Revolver/$320MM TL B
Refinances debt
2013/11/19 FXCM
Provider/Foreign Exchange & Trading Services
Bank of America
Admin Agent
205.0 Revolver
Maturity extended to Dec. 2016
2013/10/17 GA Telesis
Provider/Comm'l & Defense Aerospace Support Services
PNC Bank
Ld Lender
150.0 Revolver
$50MM increase; participants: six global & regional banks
2013/12/17 Gatehouse Media
Publisher/Print & Online Media
PNC Bank
Admin & Col Agent
115.0 Revolver
PNC provided $65MM; restructures debt following Ch. 11 emergence
2013/10/02 General Employment
Provider/Staffing Services
Keltic Financial Partners
6.0 Revolver
Repays Wells Fargo debt
2013/12/17 Genova Diagnostics
Operator/Specialty Diagnostic Lab
BMO Harris Sponsor Fin, CIT Corp. Fin
Jt Ld Arrangers & Jt Bookrunners
110.0 Revolver
Admin agent: CIT Corp. Finance; syn agent: BMO Harris SF; Levine Leichtman Capital Partners portfolio company
2013/10/23 Glowpoint
Provider/Cloud Mgt Services
Main Street Capital
13.0 $2MM Revolver/$11MM Term Loan
2013/10/11 GTT
Provider/Ethernet Network Solutions
Webster Bank
Ld Arranger & Admin Agent
72.5 $7.5MMRevolver/$65MM Term Loan
$2.5MM increase; expands syndicate to include: East West, Fifth Third, Brown Brothers Harriman, BDCA Funding & Crescent Capital
2013/11/05 Hampshire Group
Provider/Fashion Apparel
Salus Capital Partners
50.0 Lender
2013/11/19 Harper Industries
Operator/Construction-Related Subsidiaries
Siena Lending Group
7.5 $6MM Revolver/$1.5MM Equip Term Loan
Three-year term
2013/10/03 Harry & David
Retailer/Gourmet Products
Wells Fargo Capital Finance
Sole Ld Arranger & Bookrunner
100.0 Revolver
2013/10/10 HealthEdge
Provides/Healthcare Technology
Fifth Street Finance
17.5 Term Loan
SVB provided a revolver; supports growth; refinances debt
2013/11/25 HEICO
Provider/Aviation & Defense Services
SunTrust, BofA, Wells Fargo
Ld Managers
1000.0 Revolver
Five-year term; supports acquisitions; participants: BB&T, PNC, US Bank, RBS Citizens, Fifth Third, JPMorgan Chase, Synovus Bank, The Northern Trust Company, Mercantil Commercebank & Florida Community Bank
2013/10/31 HickoryTech
CoBank ACB
Admin Agent, Ld Arranger, Bookrunner
165.0 $30MM Revolver/$135.3MM Term Loans
Six-year terms; co-syn agents: Union Bank, Sun Trust; Lenders: Associated Bank, Farm Credit System Institutions
2013/10/29 HiTouch Business Services
Provider/Business Services
Salus Capital Partners
42.5 Revolver
2013/11/07 Horizon Mud Company
Provider/Drilling Fluids & Engineering Services
PNC Bank
18.0 Lender
Refinances debt
2013/10/18 Horn Corp.
Manufacturer/Corrugated Boxes & Protective Foams
MidCap Business Credit
3.0 ABL Facility
Refinances debt
2013/10/22 Industrial Services of America
Provider/Scrap Metal
Bank of Kentucky
4.0 $1MM CAPEX/$3MM Term Loan
6-year CAPEX;5-year term loan;supports existing Fifth Third Facility
2013/11/05 Infraredx
Provider/Medical Devices
GE Capital, HFS
Admin Agent
13.4 Admin Agent
$6.8MM increase; supports commercialization efforts
2013/11/14 InnoPharma
Developer/Pharmaceutical Products
Athyrium Capital Management
20.0 Term Loan
Supports growth
2013/12/26 Integrate
Provider/Closed-Loop Marketing Software & Media Services
Silicon Valley Bank
12.5 Revolver
Accelerates development of marketing software platform
2013/11/21 Intelligent Decisions
Provider/IT Solutions
Wells Fargo Capital Finance
75.0 Revolver
Provided by WFCF's Supply Chain Finance group
2013/11/25 Intelsat Jackson Holdings
Provider/Fixed Satellite Services
BofA Merrill, J.P. Morgan & Credit Suisse
Jt Ld Arrangers & Jt Bookrunners
3600.0 $500MM Revolver/$3.1B Term Loan
4-yr revolver; 6-yr term loan; jt bookrunners: Barclays, Morgan Stanley, Deutsche, Goldman; manager: HSBC
2013/11/01 Internet America
Provider/Internet Service
Frost Bank
2.0 Lender
Partially supports future acquisitions
2013/10/30 Jibe
Provider/Cloud-based Recruiting Rechnology
Silicon Valley Bank
4.0 Revolver
2013/10/11 Joe’s Jeans
Retailer/Denim Products
CIT Capital Markets
Ld Arranger
110.0 $50MM Revolver/$60MM Term Loan
Supports acquisition by Hudson Clothing Holdings; admin agent & lender for revolver: CIT Trade Finance
2013/11/07 Kitara Media
Provider/Digital Media
Wells Fargo Capital Finance
10.0 Lender
Three-year term
2013/12/23 Landpoint
Provider/Land Surveying Services
Monroe Capital
17.0 Revolver
Supports merger w/ West Company of Midland and King Surveyors
2013/12/19 Lannett Company
Manufacturer/Generic Pharma Products
Admin Agent
50.0 Revolver
Participant: PNC Bank
2013/10/01 Level 3 Communications
Provider/Telecom Services
Merrill Lynch
Admin Agent
1795.0 Tranche B Term Loan
Seven-year term; ups existing facility by $1.2B
2013/10/03 LightPath Technologies
Provider/Optics & Photonics Solutions
Avidbank Corporate Finance
2.0 Revolver
Supports equipment acquisitions
2013/12/18 Lithia Motors
U.S. Bank, JPMorgan Chase
Jt Bookrunners
1000.0 Revolver
Five-year term; admin agent: U.S. Bank; participants: BofA, Bank of the West, KeyBank & TD Bank
2013/11/12 Marbles Holdings
Provider/Games & Puzzles
Salus Capital Partners
3.5 Term Loan
2013/11/25 Metalico
Operator/Scrap Metal Recycling
TPG Specialty Lending
Admin Agent & Ld Arranger
125.0 $65MM Revolver/$37MM Term Loan A/$23MM Term Loan B
Six-year term; servicing agent: PNC Bank
2013/11/14 Monarch Trading
BofA Business Capital
22.0 ABL Facility
2013/11/12 Motorcar Parts of America
Manufacturer/Automotive Aftermarket Parts
PNC Bank
Admin Agent
125.0 $30MM Revolver/$95MM Term Loan
Replaces existing facility; col agent: Cerberus Business Finance
2013/12/17 Myers Industries
Manufacturer/Polymer Products
JPMorgan Chase
Admin Agent
200.0 Revolver
Five-year term; arrangers: J. P. Morgan Sec & U.S. Bank
2013/11/21 Naartjie Custom Kids
Retailer/Children's Apparel
Salus Capital
4.0 Term Loan
2013/11/13 National Dentex
Operator/U.S. Dental Laboratories
CIT Corporate Finance
Jt Ld Arranger
140.0 Revolver
Financed by CIT Bank; supports growth
2013/12/26 Nevada Gold & Casinos
Operator/Gaming Operations
Mutual of Omaha
12.7 Revolver
5-yr term; refinances debt
2013/10/30 News Corp.
Provider/Integrated Mass Media
JPM Chase, Citigroup & Commonwealth Bank of Australia
650.0 Revolver
Five-year term; can be increased to $900MM
2013/10/30 NextDocs
Provider/Content MGMT & Compliance Solutions
Bridge Capital Holdings
3.0 Revolver
2013/12/18 NutraMed
Provider/Vitamins & Nutritional Supplements
Square 1 Bank
12.5 Revolver
In conjunction w/ Ampersand Cap equity; supports acquisition financing
2013/10/11 ON Semiconductor
Provider/Energy Efficient Power Solutions
JPMorgan Chase
Admin Agent
800.0 Revolver
5-yr term; syn-agents: BofA, RBS & Sumitomo Mitsui Banking; co-doc agents: Morgan Stanley MUFG Loan Partners, Barclays & Fifth Third
2013/12/12 Orexo
Provider/Pharmaceuticals Services
Danske Bank
30.0 Revolver
Two-year term; replaces existing facility
2013/11/19 Par Petroleum
Manager/Energy-Related Assets
Bank of Hawaii
Admin Agent
35.0 $5MM Revolver/$30MM Term Loan
Supports Par Petroleum subsidiary HIE Retail acquisitions
2013/11/13 Patriot Coal
Barclays, Deutsche Bank
375.0 $125MM ABL Revolver/250MM Term Loan
Represents last step in bankruptcy emergence; left ld arranger: Barclays; jt ld arranger: Deutsche
2013/12/13 Photronics
JPMorgan Chase
Admin Agent & Col Agent
50.0 Revolver
Up to $75MM w/ accordion; syn agents: TD Bank & RBS Citizens; replaces $30MM revolver
2013/11/14 Pivot Technology Solutions
Provider/Communications Infrastructure
PNC Bank
Sole Ld Arranger
185.0 $175MM Revolver/$10MM Term Loan
5-year revolver that can be increased by $50MM; 45-month term loan; co-borrowers: ACS, ProSys & Sigma subsidiaries; replaces existing facilities
2013/10/30 PostRock Facility
Producer/Oil & Natural Gas
Lead Agent
115.0 Revolver
Increases by $20MM; co-agents: Cadence Bank, Compass Bank, OneWest
2013/11/13 PPL
PNC Bank
Admin Agent
300.0 Revolver
Ld arrangers: PNC Capital Markets, M&TT; syn agent: M&TT
2013/12/23 Prime Healthcare Services
Provider/Healthcare Services
Healthcare Finance Group
Sole Ld Arranger
475.0 $225MM ABL Revolver/$250MM Term Loan
5-year term; supports targeted acquisitions; co-arranger: Sumitomo Mitsui Banking Corp.; co-syn agents: Siemens Financial Services & City National Bank
2013/12/04 ProPhotonix
Manufacturer/Laser Modules & LED Systems
Barclays Bank
2.3 Revolver
Seven-year term
2013/12/11 QoL meds
Operator/Specialty Pharmacies
BMO Harris Bank Sponsor Finance
Admin Agent, Jt Ld Arranger & Jt Bookrunner
85.0 Revolver
2013/10/31 Quanta Services
Provider/Electric & Natural Gas Infrastructure
BofA, Wells Fargo
Lead Lenders
1325.0 Revolver
Five-year terms; $625MM increase; up to $1.625B w/ accordian
2013/12/11 RadioShack
Retailer/Mobile Tech Products & Services
GE Capital, Corp Retail Fin
Admin Agent & Col Agent
835.0 $585MM Revolver/$250MM Term Loan
Jt ld arranger & jt bookrunner: GE Cap Mkts; term loan arranger: Salus Capital
2013/10/08 Rainbow Book Company
Distributor/School Library Books
North Mill Capital
13.0 ABL Facility
Includes A/R and inventory; repays existing debt
2013/11/11 Revel AC
Operator/Resort & Casino
JPMorgan Chase
Admin Agent
150.0 $25MM Trnch A-1 Rvlvr/$75MM Trnch A-2 Rvlvr/$50MM Trnch B TL
Increases revolver by $25MM & converts it to tranche A-2
2013/12/05 Revive Personal Products
Provider/Personal Care Products
Gerber Finance
4.0 Revolver
2013/10/09 RigNet
Provider/Managed Remote Communications
Bank of America
Admin Agent
185.0 $125MM Revolver/$60MM Term Loan
Supports growth; refinances debt
2013/12/26 Rocket Fuel
Provider/Digital Advertising & Marketing Programs
Comerica Bank
Lead Bank
100.0 Revolver
Amends existing facility; co-arrangers: Silicon Valley Bank & City National Bank
2013/11/27 Rouse Properties
Provider/Real Estate Services
Admin Agent
510.0 $250MM Revolver/$260MM Term Loan
4-yr revolver; 5-yr term loan; co-syn agents: BofA & RBC; co-doc agents: Barclays, U.S. Bank; lenders: Credit Suisse, Fifth Third (Cayman) & RBS Citizens
2013/10/07 Samuels Jewelers
GE Capital, Corporate Retail Finance
Admin Agent & Sole Lender
100.0 Revolver
2013/11/20 Sanchez Energy
Developer/Unconventional Oil Resources
Royal Bank of Canada
Admin Agent
300.0 Revolver
$125MM increase; syn agent: Capital One; sole ld arranger & sole bookrunner: RBC Capital Markets
2013/10/22 Scientific Games
Developer/Lottery & Gaming Products
Bank of America
Admin Agent
2600.0 $300MM Revolver/$2.3B Term Loan
5-yr Revolver;7-yr TL;Jt Ld Arrangers: BofA, Credit Suisse Sec & UBS Sec; Co-syn Agents: Credit Suisse & UBS Sec
2013/10/03 Sears Holdings
1000.0 Term Loan
Existing credit agreement provides for a $3.27B ABL Revolver
2013/12/31 Seaspan
Provider/Shipping Outsourcing Alternatives
BNP Paribas Securities
Ld Arranger
1000.0 Revolver
Effective 1/31/14; five-year term
2013/10/02 Siemens
Engineering Services
Commerzbank, Deutsche Bank & JPMorgan
Coordinators & Bookrunners
3000.0 Revolver
Replaces an expired arrangement
2013/12/10 Sierra Income
Provider/Business Development Services
ING Capital
Admin Agent
50.0 Revolver
$150MM w/ accordion; participant: EverBank Comm'l Finance
2013/12/03 Sittercity
Provider/Caregiver Services
Square 1 Bank
4.5 Revolver
2013/12/31 Skilled Healthcare Group
Provider/Healthcare Services
MidCap Financial
67.0 $5MM ABL Revolver/$62MM Term Loan
Term loan backed by mortgage
2013/10/08 Smooth Fitness
Designer/Home Fitness Equipment
Siena Lending Group
5.0 Revolver
Two-year term; includes accordion option; Larsen MacColl Partners portfolio company
2013/10/01 Snap-on
Manufacturer/High-End Tools & Equipment
J.P. Morgan Sec, Citigroup Global Mkts & U.S. Bank
Jt Ld Arrangers, Jt Bookrunners
700.0 Multi-Currency Revolver
Five-year term; $200MM increase; agent: JPM Chase; co-syn agents: Citigroup Global Mkts & U.S. Bank; co-doc agents: Mizuho Bank, Wells Fargo Bank, Barclays & RBC
2013/12/20 SolarCity
Provider/Clean Energy
BofA Merrill
Sole Ld Arranger, Sole Bookrunner
200.0 Revolver
Three-year term; increases existing facility
2013/10/24 Southern Tier Pet Nutrition
Manufacturer/Organic Pet Food
Siena Lending Group
2.4 Revolver
3-yr term
2013/12/02 SpartanNash
Distributor/Military Commissary Food Services
Wells Fargo Capital Finance
Ld Arranger
1000.0 Revolver
Supports Spartan Stores & Nash Finch Co. merger
2013/10/01 Steinway Musical Instruments
Manufacturer/Musical Instruments
BofA Business Capital
75.0 ABL Facility
Supports acquisition by Paulson & Co.
2013/11/11 Stratasys
Manufacturer/3D Prototyping Printers & Materials
250.0 Admin Agent & Swing Line Lender
Five-year term; up to $25MM swing line; co-syn agents: Citibank & HSBC; doc agent: SVB
2013/12/02 SYNNEX
Provider/Business Process Services
Bank of America
Admin Agent
500.0 $275MM Revolver/$225MM Term Loan
5-yr terms; supports IBM division acquisition; co-syn agents: Scotiabank & RBS
2013/12/17 Tecumseh
Manufacturer/Hermetically Sealed Compressors
PNC Bank
15.0 Term Loan
Five-year term; reduces revolver to $34MM
2013/12/02 Temp-Tations
Provider/Kitchen Accessories
Siena Lending Group
10.0 ABL Revolver
2013/12/23 The Boyd Group
Operator/Collision Repair Centers
TD Bank
Ld Arranger
100.0 Revolver
5-yr term; up to $235MM w/ accordion; co-lenders: BofA Merrill, National Bank Financial & Scotiabank
2013/12/02 The E.W. Scripps Company
Provider/Print, Broadcast & Digital Media Services
SunTrust RH
Admin Agent
275.0 $75MM Revolver/$200MM Term Loan
5-yr revolver; 7-yr term loan; jt ld arrangers & jt bookrunning managers: SunTrust, RBC Cap Mkts, Wells Fargo Sec
2013/12/03 The Weinstein Co.
CIT Corporate Finance
Jt Ld Arranger
370.0 Revolver
Financing was provided by CIT Bank.
2013/10/23 TowerComm
Provider/Wireless Tower Services
Hennessey Capital
8.0 ABL Facility
2013/12/18 TowerJazz
Manufacturer/Integrated Circuits
Wells Fargo Capital Finance
70.0 Revolver
2013/11/18 Town Sports International
Operator/Fitness Clubs
Deutsche Bank & KeyBanc Capital
Jt Ld Arrangers & Bookrunning Mgrs
370.0 $45MM Revolver/$325MM Term Loan
Five-year revolver; seven-year term loan
2013/10/28 Transportation Solutions Enterprises
Provider/Transportation Services
BofA Business Capital
30.0 ABL Facility
Refinances debt
2013/10/17 TriMas
Provider/Engineered & Applied Products
J.P. Morgan Securities
Ld Left Bookrunner
750.0 $575MM Revolver/$175MM Term Loan A
Refinances existing debt
2013/12/02 Triton Systems of Delaware
Provider/Off-Premise ATMs
MidCap Business Credit
5.0 ABL Facility
2013/11/20 Triumph Group
Manufacturer/Aerostructures & Related Aircraft Components
PNC Bank
Ld Lender
375.0 Term Loan
Six-year term; extended $1B revolver concurrently
2013/12/06 True Drinks
2.0 Term Loan
2013/12/11 Unidine
Provider/Senior Living Food MGMT Services
Golub Capital
Sole Bookrunner & Admin Agent
57.8 Revolver
Refinances debt; Partnership Capital Growth represented Unidine
2013/12/30 USA Compression Partners
Provider/Compression Services
JPMorgan Chase
Agent & LC Issuer
850.0 Revolver
Five-year term; up to $950MM w/ accordion; ld arranger & sole bookrunner: J.P. Morgan Sec; syn agent: Regions Bank; doc agent: Wells Fargo
2013/12/20 Wabtec
Provider/Technology Products & Services
PNC Bank
Admin Agent
800.0 Revolver
Up to $1.2B w/ accordion; co-arrangers/bookrunners: PNC Cap Mkts & J.P. Morgan Sec; syn agent: JPM Chase; co-doc agents: Citizens Bank, BB&T & Bank of Tokyo
2013/11/13 Waypoint Leasing
Credit Suisse
Jt Ld Arranger, Jt Bookrunner, Admin Agent
335.0 Revolver
Five-year term; jt ld arrangers & bookrunners & co-syn agents: SunTrust Robinson Humphrey, CIT Finance; lenders: Goldman Sachs, Union Bank, Fifth Third Bank & 1st Source Bank
2013/10/11 World Fuel Services
Distributor/Fuel Products & Services
BofA Merrill, Wells Fargo Sec & HSBC Bank USA
Jt Ld Arrangers
1100.0 Revolver
Five-year term; can be expanded to $1.25B; co-doc agents: RBS Citizens, TD Bank & Citibank
2013/12/26 ZAGG
Producer/Mobile & Media Accessories Solutions
Wells Fargo
60.0 Revolver
Extends facility
2013/12/03 Zayo Group
Provider/Bandwidth Infrastructure Services
Morgan Stanley, Barclays, RBC Cap Mkts
Jt Bookrunners
1750.0 Term Loan
Revolver repriced; co-managers: Citi, Goldman, SunTrust & UBS; revolver agent: SunTrust