Deal Charts

ABL Deal Chart 2015 Q4

Notable Transactions

Data gathered from direct sources, news releases and other public information (2015/10/01-2015/12/31)

Dollar amounts in millions

Note: Click Column Headings to Activate Sorting Options.

DATE BORROWER/INDUSTRY LENDER/ROLE AMOUNT STRUCTURE/NOTES
2015/11/19 Active Sports Lifestyle USA
Retailer/Skateboard Apparel
Citizens Commercial Banking
Lender
10.0 ABL Revolver
2015/11/02 Activision Blizzard
Producer/Video Games
BofA Merrill Lynch, Goldman Sachs
Lenders
2300.0 Term Loan
Supports acquisition of King Digittal Entertainment
2015/11/16 Addus HomeCare
Provider/Home Healthcare Services
Fifth Third
Admin Agent
100.0 $75MM Revolver/$25MM Term Loan
Facility upsized from $55MM
2015/10/07 Adeptus Health
Operator/Emergency Rooms
BofA Merrill Lynch
Admin Agent
175.0 $125MM Term Loan/$50MM Revolver
2015/12/18 AFI Group
Provider/Equipment Rentals
PNC Business Credit
Lender
76.1 ABL Revolver
2015/11/10 Alaska Communications
Provider/IT Managed Services
Crystal Financial
Lender
25.0 Term Loan
Supports refi
2015/12/16 Amblin Partners
Producer/Digital Content
JPMorgan Chase
Admin Agent
500.0 Revolver
2015/11/05 American Seafoods
Retailer/Seafood
Ares Capital
Admin Agent
800.0 Revolver
2015/11/11 Anheuser-Busch InBev
Brewery
Santander, BoA
Lenders
75000.0 Revolver
Supports acquisition of SABMiller
2015/11/05 Apex Clean Energy
Producer/Renewable Energy
Ares Capital
Admin Agent
23.4 Term Loan
2015/10/06 Apparel Imports
Retailer/Formalwear
Bibby Financial Services
Lender
6.5 ABL Revolver
2015/10/16 Aratana Therapeutics
Developer/Pet Therapeutics
Pacific Western Bank
Admin Agent
40.0 $35MM Term Loan/$5MM Revolver
Syndication: Oxford Finance
2015/12/23 Arbor Investments
Private Equity Firm
GE Capital
Lead Arranger
180.0 Revolver
2015/12/30 Arcadia Biosciences
Provider/Agricultural Technology
Silicon Valley Bank
Lender
25.0 Term Loan
2015/10/28 Arianne Phosphate
Mineral Exploration
Mercury Financing
Lender
18.8 Revolver
2015/11/19 Artissimo Designs
Manufacturer/Wall Art
PNC
Lender
15.0 ABL Revolver
2015/11/02 Atlas Group
Private Equity Firm
NewStar Business Credit
Lender
15.0 Revolver
Supports refi
2015/12/09 Aurelius Group
Private Equity Firm
RBS
Lender
30.2 ABL Revolver
Supports acquisition of Allied Healthcare
2015/12/01 Beasley Mezzanine
Provider/Radio Broadcasting
U.S. Bank
Admin Agent
111.0 $91MM Term Loan/$20MM Revolver
2015/11/05 Beecken Petty O'Keefe
Private Equity Firm
Monroe Capital
Admin Agent
22.5 Revolver
Supports acquisition of Examination Management Services
2015/11/12 Benchmark Electronics
Provider/Engineering Services
JPMorgan
Admin Agent
430.0 $230MM Term Loan/$200MM Revolver
Supports acquisition of Secure Communications Systems
2015/12/03 Beocare
Producer/Textile Products
MB Business Capital
Lender
10.0 Credit Facility
2015/11/18 Birchwood Health Care Partners
Real Estate Investment Firm
Oxford Finance
Lender
8.3 $7.29MM Term Loan/$1M Revolver
2015/11/30 Blommer Chocolate Company
Manufacturer/Chocolate & Cocoa
BMO Harris
Admin Agent
350.0 ABL Revolver
2015/10/21 Bob Evans Farms
Operator/Restaurants
PNC
Admin Agent
650.0 Revolver
Decreased from $750MM
2015/10/07 Callon Petroleum
Provider/Energy Services
Royal Bank of Canada
Admin Agent
300.0 Revolver
Upsized 20%
2015/12/11 Cambium Learning Group
Provider/Educational Solutions
Webster Bank
Admin Agent
135.0 Revolver
2015/10/29 Canadian Solar
Provider/Solar Power
Credit Suisse
Arranger
100.0 Term Loan
2015/11/23 Capital Southwest, Main Street JV
Private Investment Firm
Deutsche Bank
Admin Agent
75.0 Revolver
2015/12/14 CatchMark Timber Trust
Operator/Timberland
CoBank, ACB, AgFirst Farm
Arrangers
365.0 Term Loan
Facility increased from $275MM
2015/12/10 CCA Industries
Manufacturer/Health & Beauty Aids
SCM Specialty Finance
Lender
5.5 Revolver
2015/11/04 CDI
Provider/IT & Staffing Solutions
BofA
Admin Agent
150.0 Revolver
2015/10/05 Centre Lane Portfolio Company
Private Investment Firm
Prospect Capital
Lender
17.5 First Lien Floating Rate
Supports recap
2015/11/05 CIBT
Provider/Travel Resources
Ares Capital
Admin Agent
26.4 Term Loan
2015/10/01 CID Resources
Manufacturer/Medical Uniforms
Monroe Capital
Admin Agent
11.0 Revolver
Supports recap
2015/11/09 Club W
Retailer/Wine
Bridge Bank
Lender
12.0 Revolver
2015/11/19 Cologix
Provider/Colocation Services
Goldman Sachs Specialty Lending
Admin Agent
375.0 Term Loan
Co-arrangers: TD, CIT
2015/11/23 Comtech Telecommunications
Developer/Communications Solutions
Citibank
Admin Agent
400.0 $250MM Term Loan/$150MM Revolver
Supports acquisition of TeleCommunication Systems
2015/11/02 Conn's
Retailer/Furniture
Bank of America
Admin Agent
810.0 ABL Revolver
2015/12/15 Continuum Analytics
Provider/Analytic Solutions
Silicon Valley Bank
Lender
10.0 Revolver
2015/11/17 Continuum Healthcare
Operator/LTC Facilities
Oxford Finance
Lender
14.0 Term Loan
2015/12/14 Corporate Capital Trust
Provider/Business Development Services
Sumitomo Mitsui
Lender
200.0 Revolver
2015/11/25 CPSI
Provider/Healthcare Info Solutions
Regions Bank
Lender
150.0 Revolver
Supports acquisition of Healthland Holding
2015/12/03 Craft Brew Alliance
Manufacturer/Craft Beers
BofA Merrill Lynch
Lender
50.0 Revolver
2015/12/22 CryoLife
Provider/Medical Devices
Capital One, Fifth Third, Citizens
Arrangers
95.0 $75MM Term Loan/$20MM Revolver
Supports acquisition of On-X
2015/12/14 CSW Industrials
Provider/Industrial Products
JPMorgan Chase
Admin Agent
250.0 Revolver
Includes additional $50MM Accordion
2015/11/10 Datera
Provider/Data Storage Software
Square 1
Lender
7.5 Revolver
2015/11/30 DHI Group
Provider/Specialized Services
JPMorgan Chase
Admin Agent
250.0 Revolver
Supports refi
2015/12/22 Dominus Capital
Private Equity Firm
Monroe Capital
Admin Agent
25.1 Revolver
Supports acquisition of Complete Nutrition
2015/12/28 Ebuys
Retailer/Shoes & Accessories
Marquette Business Credit
Lender
17.5 Revolver
2015/12/22 Enphase Energy
Provider/Energy Management Solutions
Wells Fargo Capital Finance
Lender
75.0 ABL Revolver
Facility upsized from $50MM
2015/10/06 Epic Health
Provider/Pediatric Home Health
CIT Healthcare Finance
Admin Agent
47.0 Revolver
Supports acquisition
2015/12/22 ESCO Technologies
Provider/Filtration Products
JPMorgan Chase
Admin Agent
450.0 Revolver
2015/12/18 Exactech
Developer/Bone Restoration Products
J.P Morgan Securities
Arranger
150.0 Revolver
2015/11/03 Expansion Capital
Provider/Small Business Loans
Northlight Financial, Bastion Mgmt
Lenders
25.0 Revolver
2015/10/16 FactSet Research Systems
Provider/Integrated Fin. Applications
BofA
Lender
265.0 Revolver
Supports acquisition
2015/10/21 Faria Beede Instruments
Manufacturer/Engine Monitoring Instruments
MidCap Business Credit
Lender
6.3 ABL Revolver
2015/10/13 Freedom Truck Finance
Provider/Truck Financing Solutions
Capital Southwest
Lender
7.5 Revolver
2015/10/19 GasLog
Citibank
Arranger
1300.0 Revolver
2015/12/10 Gibraltar Industries
Manufacturer/Residential Products
Keybanc, J.P. Morgan Securities
Lead Arrangers
300.0 Revolver
2015/12/04 Graham Corporation
Manufacturer/Steam Surface Condensers
JPMorgan Chase
Admin Agent
25.0 Revolver
Replaces existing facility with BofA
2015/11/18 Great Lakes Metal Stamping
Supplier/Metal Stampings
MB Business Capital
Lender
8.0 Revolver
2015/11/12 Gross & Janes
Supplier/Untreated Railroad Ties
Siena Lending Group
Lender
10.5 ABL Revolver
2015/11/30 GTCR
Private Equity Firm
Antares Capital
Arranger
115.0 Revolver
Supports refi of XIFIN
2015/10/22 GTT Communications
Provider/Global Data
KeyBank, SunTrust
Arrangers
450.0 Revolver
Supports acquisition
2015/11/23 Gunvor Group
Provider/Commodity Trading
ABN AMRO
Arranger
1360.0 Revolver
2015/12/02 Harsco
Provider/Engineered Products
Citigroup
Lead Lender
600.0 $350MM Revolver/$250MM Term Loan
Upsized from $500MM, Syndicate includes 13 banks
2015/11/05 Harvest Partners
Private Equity Firm
Ares Capital
Admin Agent
190.0 Revolver
Supports acquisition of Dental Care Alliance
2015/11/06 Hercules Offshore
Operator/Jackup Rigs
Jefferies Finance
Admin Agent
450.0 Revolver
2015/10/21 Independence Contract Drilling
Provider/Drilling Services
CIT
Admin Agent
125.0 Revolver
Decreased from $155MM
2015/11/09 Innospec
Manufacturer/Specialty Chemicals
Barclays, Credit Suisse
Lenders
200.0 Revolver
2015/10/22 IntelliCyt
Arboretum, Oxford
Lenders
7.4 Revolver
2015/10/22 Invenergy Clean Power
Operator/Power Generation Facilities
AMP Capital
Arranger
200.0 Revolver
2015/11/25 Inventure Foods
Manufacturer/Specialty Foods
Wells Fargo Capital Finance
Admin Agent
135.0 $85MM Term Loan/$50MM Revolver
Supports refi
2015/11/16 J.C. Penney
Retailer/Clothing
Wells Fargo, J.P.Morgan, Others
Arrangers
500.0 ABL Revolver
Facility upsized to $2.35B
2015/10/29 JLL Partners
Private Equity
Citizens Bank
Lender
80.0 Revolver
Supports acquisition of Aviation Technical Services
2015/12/01 Journey Energy
Producer/Oil & Natural Gas
Bank of Montreal
Admin Agent
140.0 Revolver
Facility decreased from $205MM
2015/12/01 Kaiser Aluminum
Producer/Aluminum Products
JPMorgan Chase
Admin Agent
300.0 ABL Revolver
2015/12/17 Kount
Provider/Fraud Detection Solutions
CVC Capital Partners
Lender
80.0 Revolver
2015/11/27 Lannett Company
Manufacturer/Pharmaceutical Products
Morgan Stanley, RBC
Arrangers
1035.0 Revolver
Supports acquisition of Kremers Urban Pharmaceuticals
2015/11/03 Levine Leichtman Capital Partners
Private Equity Firm
NXT Capital
Admin Agent
172.0 Revolver
Supports acquisition of Trinity Consultants
2015/10/06 Lincoln Paper
Producer/Deep-Dyed Tissue
Siena Lending
Lender
6.6 Revolver
2015/12/08 LOLA Energy
Manufacturer/Oil & Gas
Denham Capital
Lender
250.0 Revolver
2015/12/02 MAM Software Group
Provider/Cloud-based business solutions
JPMorgan Chase Bank
Lender
12.0 $2.5MM Revolver/$9.5MM term loan
2015/11/24 Microsemi
Provider/Semiconductor Solutions
Morgan Stanley Senior Funding
Lender
2900.0 $2.2B Term Loan B/$375MM Term Loan/$350MM Revolver
Supports acquisition of PMC-Sierra
2015/10/12 MidMedx Group
Developer/Biomaterial Products
BofA Merrill Lynch
Admin Agent
50.0 Revolver
2015/12/11 Midwest High Reach
Provider/Industrial Equipment Service
Marquette Business Credit
Lender
5.0 Revolver
2015/10/19 Millenia Products Group
Distributor/Steel & Specialty Metals
FirstMerit Business Credit
Lender
18.0 Term Loan
Supports refi
2015/12/15 Mobile Mini
Provider/Portable Storage Solutions
Deutsche Bank
Admin Agent
1000.0 ABL Revolver
Supports refi
2015/12/15 Monroe Capital
BDC
ING Capital
Lender
160.0 Revolver
Facility increased from $135MM
2015/12/10 MVC Capital
Private Equity Firm
Santander
Admin Agent
50.0 Revolver
Syndication agent: Wintrust Bank
2015/10/07 National Healthcare
Operator/LTC Centers
BofA
Lender
175.0 Revolver
Upsized from $75MM
2015/12/04 Nelbud 360 Services
Provider/Fire Prevention Services
Monroe Capital
Admin Agent
14.5 Revolver
Supports merger with TEAM Services
2015/11/05 Nivel
Manufacturer/Golf Carts
Ares Capital
Admin Agent
215.0 Revolver
Supports acquisition of Madjax
2015/11/10 NMI Holdings
Provider/Mortgage Insurance
JPMorgan Chase
Admin Agent
150.0 Term Loan
2015/11/17 Novatel Wireless
Provider/Internet Solutions
Wells Fargo
Lender
48.0 Revolver
Facility upsized from $25MM
2015/11/18 ON Semiconductor
Supplier/Semiconductors
BofA Merrill Lynch, Deutsche Bank
Arrangers
2700.0 $2.4B Term Loan/$300MM Revolver
Supports acquisition of Fairchild Semiconductor
2015/12/18 Par Pacific
Manager/Energy Assets
KeyBanc, Bank of Hawaii
Lead Arrangers
115.0 $110MM Term Loan/$5MM Revolver
2015/10/01 PDC Energy
Producer/Crude Oil & Natural Gas
JPMorgan Chase
Admin Agent
700.0 Revolver
2015/10/13 PDS Gaming
Provider/Gaming Equipment
Northlight Financial
Lender
150.0 Revolver
2015/10/19 PennantPark
Provider/Capital Solutions
SunTrust, Capital One
Arrangers
350.0 Revolver
Upsized from $290MM
2015/11/30 PGTI
Manufacturer/Windows & Doors
Deutsche Bank, Suntrust
Arrangers
350.0 Revolver
Supports acquisition
2015/11/10 Phoenix Tower International
Operator/Wireless Towers
Scotiabank
Lead Arranger
45.0 Term Loan
2015/12/22 Pittsburgh Glass Works
Private Equity Firm
Franklin Square, GSO
Lenders
410.0 Revolver
2015/10/08 PM Pediatrics
Provider/Urgent Care
Breakaway Capital Partners
Lender
8.4 Revolver
2015/11/19 Poms & Associates
Provider/Insurance Services
Pacific Mercantile
Lender
12.0 Revolver
2015/11/05 Primexx Energy Partners
Producer/Oil & Natural Gas
Ares Capital
Admin Agent
125.0 Term Loan
Supports refi
2015/11/05 Pritzker Group Private Capital
Private Equity Firm
Ares Capital
Admin Agent
146.0 Revolver
Supports acquisition of LBP Manufacturing
2015/12/21 Quanta Services
Provider/Infrastructure Solutions
BofA, JPMorgan Chase
Lenders
1810.0 Revolver
Facility upsized from $1.325B
2015/12/18 Recurrent Energy
Provider/Solar Services
CIT, KeyBanc
Arrangers
480.0 Term Loan
2015/11/19 Recurrent Energy
Provider/Clean Energy
Santander
Arranger
260.0 Term Loan
2015/12/14 Regional Management
Provider/Consumer Finance
Wells Fargo
Admin Agent
75.0 Revolver
2015/11/13 Resonetics
Provider/Micromachining Services
BMO Harris
Admin Agent
35.0 Revolver
Supports acquisition of Mound Laser & Photonics Center
2015/11/04 RMG Networks Holding
Provider/Communications Solutions
Silicon Valley Bank
Lender
7.5 Revolver
2015/10/19 Roller Die and Forming
Producer/Roll Formed Parts
FirstMerit Business Credit
Lender
17.2 Term Loan/Revolver
Supports refi
2015/10/21 Sack Lunch Productions
Operator/Entertainment Company
TCA Global Credit Master Fund
Lender
5.0 Revolver
2015/11/06 Sakthi Automotive
Supplier/Machined Castings
FirstMerit Business Credit
Lender
25.0 $15MM ABL Revolver/$10MM Lease
2015/11/19 Sanchez Energy
Developer/Oil & Natural Gas
Royal Bank of Canada
Admin Agent
500.0 Revolver
Facility decreased from $550MM
2015/12/17 Santek Waste Services
Provider/Waste Solutions
Goldman Sachs, Benefit Street
Arrangers
153.0 Revolver
Supports refi
2015/12/16 Scrap Metal Services
Provider/Scrap Management
WFCF, Great American Capital Partners
Arrangers
63.0 $40MM ABL Revolver/$23.27MM Term Loan
Supports refi
2015/10/15 Searchlight Capital/Duke Street
Private Equity Firms
Wells Fargo Capital Finance
Lead Arranger
215.0 ABL Revolver
Supports acquisition
2015/12/28 SeaSpine Holdings
Provider/Medical Technology
Wells Fargo Capital Finance
Lender
30.0 Revolver
2015/12/01 Seven Generations Energy
Developer/Natural Gas
RBC
Admin Agent
850.0 Revolver
Facility upsized from $200MM
2015/12/08 Shearer's Foods
Manufacturer/Snack Products
GE Capital Corporate Finance
Admin Agent
125.0 ABL Revolver
2015/11/17 SI-BONE
Manufacturer/Medical Devices
Oxford Finance, Silicon Valley Bank
Lenders
39.2 $35.2MMTerm Loan/$4MM Revolver
2015/10/20 Silk Road Medical
Manufacturer/Medical Devices
CRG
Arranger
57.0 Revolver
Syndication: Warburg Pincus, The Vertical Group
2015/11/13 Smokey Bones Bar
Retailer/Restaurant Chain
Citizens
Lender
30.0 Revolver
2015/11/17 Sock and Accessory Brands Global
Designer/Private Label Socks
NewStar Business Credit
Lender
24.0 Revolver
2015/11/25 Stonemark Holdings
Provider/Insurance Premium Financing
AloStar Lender Finance
Lender
15.0 ABL Revolver
2015/10/22 Sucampo Pharmaceuticals
Developer/Medicines
Jeffries Finance
Admin Agent
250.0 Term Loan
Supports acquisition
2015/12/15 Swander Pace Capital
Private Equity Firm
NXT Capital
Admin Agent
40.0 Revolver
Supports acquisition of Captek Softgel International
2015/11/05 Sypris Solutions
Provider/Outsourced Services
Siena Lending, Great Rock Capital
Lenders
27.0 $15MM Revolver/$12MM Term Loan
2015/11/16 Sypris Solutions
Provider/Outsourced Services
Siera Lending Group
Arranger
27.0 $15MM ABL Revolver/$12MM Term Loan
Supports refi
2015/11/30 Tallgrass Energy Partners
Operator/Midstream Energy Assets
Barclays Bank
Admin Agent
1100.0 Revolver
Facility upsized from $850MM
2015/10/22 Team Tankers International
Operator/Chemical Tankers
ABN AMRO
Lender
150.0 $100MM Term Loan/$50MM Revolver
Upsized from $100MM
2015/11/18 Tembec
Manufacturer/Forest Products
WFCF Canada
Admin Agent
212.0 $150MM ABL Revolver/$62MM FILO
Syndication agent: PNC
2015/12/09 TL Management
Operator/Skilled Nursing Facilities
First Niagara
Lender
48.0 Revolver
2015/10/06 TPG Specialty Lending
Private Investment Firm
SunTrust
Admin Agent
1250.0 Revolver
Upsized from $956.3MM
2015/12/08 TRC Companies
Provider/Management Services
Citizens
Lead Arranger
175.0 Revolver
2015/12/19 True Health Diagnostics
Provider/Diagnostic Lab Services
Gibraltar Business Capital
Lender
15.0 Revolver
2015/11/25 Varian Medical Systems
Manufacturer/Medical & Industrial Products
BofA
Admin Agent
500.0 Revolver
Facility upsized from $200MM
2015/11/03 Venus Concept
Developer/Aesthetic Products
Oxford Finance
Lender
20.0 Term Loan
2015/10/27 Veritas Steel
Manufacturer/Steel Bridges
The PrivateBank
Lender
25.0 Revolver
2015/10/15 Versa Capital Management
Private Equity Firm
BofA
Lender
25.0 ABL Revolver
2015/12/10 Vishay Intertechnology
Manufacturer/Semiconductors
JPMorgan Chase
Admin Agent
640.0 Revolver
2015/12/21 Walgreens
Operator/Drug Stores
UBS AG
Admin Agent
1280.0 Term Loan
Supports acquisition of Rite Aid
2015/10/15 Webster Capital
Private Equity Firm
Fifth Street Management
Admin Agent
130.0 Revolver
Supports acquisition
2015/12/31 Whitehorse Finance
BDC
JPMorgan Chase
Lender
200.0 Revolver
Facility includes $20MM Accordion
2015/12/19 Worldwide Electric
Distributor/Electric Motors
FirstMerit Bank Business Credit
Lender
25.0 Revolver
2015/12/02 Worldwise
Supplier/Pet Products
Monroe Capital
Admin Agent
31.4 Revolver
Supports recap
2015/11/06 Zhongli North America
Supplier/Automotive Parts
FirstMerit Business Credit
Lender
15.0 Revolver/Term Loan