Deal Charts

ABL Deal Chart 2019 Q1

Notable ABL Transactions
Data gathered from direct sources, news releases and other public information — covers 1/01/19 through 3/31/19.

DATE BORROWER/INDUSTRY LENDER/ROLE AMOUNT STRUCTURE/NOTES
2019/01/07 Aimmune Therapeutics
Manufacturer/Biopharmaceuticals
KKR
Lender
170 Term Loan
To fund the commercialization of AR101
2019/01/03 Allegiant Healthcare
Provider/Rehab & Specialty Care
Whie Oak Healthcare Finance
Admin Agent, Sole Lender
161 Credit Facility
To acquire & provide working capital for nursing facilities
2019/01/04 Calloway Golf
Retailer/Golf Equipment
Bank of America Merrill Lynch
Lead
480 Term Loan
Jt Lead: JP Morgan Securities
2019/01/11 CDI Computer Dealers
Provider/Tech Solutions
MB Business Capital
Admin Agent, Sole Lender
20 Revolver
To refinance senior indebtedness & provide working capital
2019/01/08 Circle 8 Crane Services
Provider/Crane Rentals
CIT Northbridge Credit
Sole Lead Arranger
53.8 Credit Facility
To refinance existing facility
2019/01/04 Ecoark Holdings
Provider/Food Management
Trend Discovery
Lender
10 Revolver
To support growth & market development
2019/01/04 Norwegian Cruise Line
Operator/Cruise Line
JPMorgan Chase Bank
Admin Agent, Collateral Agent
1633 Term Loan
Jt Lead Arrangers: JPMorgan Chase, Mizuho Bank
2019/01/02 Ocular Therapeutix
Manufacturer/Biopharmaceuticals
Silicon Valley Bank
Lender
25 Term Loan
Co-Lender: MidCap Financial
2019/01/02 Phoenix Tower International
Operator/Cell Tower Management
Goldman Sachs
Lender
200 Credit Facility
To provide financing for tower infrastructure
2019/01/02 Quantum
Provider/Video Storage
PNC Bank, U.S. Bank
Admin Agent, Collateral Agent
210 $45MM Revolver/$165MM Term Loan
To repay outstanding debt & provide working capital
2019/01/07 QVC
Operator/TV Shopping Network
JPMorgan Chase Bank
Admin Agent
3650 Revolver
To repay all outstanding debt of HSN facility
2019/01/10 Science Applications International
Provider/IT Services
Citibank
Admin Agent, Collateral Agent
2118 Term Loan
To support acquisition of Engility
2019/01/04 Sovereign Pharmaceuticals
Manufacturer/Pharmaceuticals
MidCap Business Credit
Lender
8 Revolver
To refinance existing debt
2019/01/14 Stage Stores
Retailer/Department Stores
Wells Fargo
Admin Agent, Collateral Agent
25 Term Loan
Lenders: JPMorgan Chase, Regions Bank, BofA, SunTrust, Pathlight Capital
2019/01/03 Workhorse Group
Manufacturer/Electric Vans
Marathon Asset Management
Lender
25 Revolver
For future draw downs