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Notable ABL Transactions Arranged by Size

Data gathered from direct sources, news releases and other public information — covers 01/01/03
through 12/31/03.

LENDER(S) & ROLE
BORROWER / INDUSTRY
AMOUNT*
STRUCTURE & NOTES
strip strip strip strip
QIV 2003 Transactions
J.P. Morgan/Citigroup

Co-Lead
DS Waters Enterprises

Provider, Bottled Water Delivery
$550.0
Revolver/Term Loan

Used to fund joint venture (Group Danone & Suntory Limited)
J.P. Morgan Securities/Morgan Stanley Fdg

Co-Agents
Nextel Partners, Inc.

Provider/Wireless Telecom
$475.0

$100MM Revolver/$375MM Term Loan

Six/seven-year; replaced existing credit facility
Ableco Finance

Lead
Solutia, Inc.

Producer/Chemical Products
$350.0
Revolver

Three-year term; participants include Wells Fargo Foothill & Congress Financial
Wachovia Bank

Lead
Winn-Dixie Stores, Inc.

Retail/Grocery Store Chain
$300.0

Revolver

Three-year term; replaces 364 day & five-year facility; Congress Financial (coll agent)
RBC Capital Markets

Lead Arranger
Methanex Corporation

Producer/Methanol Products
$250.0

Revolver

Three-year term; replaces existing facility
UBS Securities/J.P. Morgan Securities

Joint-Lead Arrangers
SOLA International, Inc.

Manufacturer/Eyeglass Lenses
$225.0

$50MM Revolver/$175MM Term Loan

Six-year/Five-year term; Union Bank of California (admin agent)
Fleet Securities/Fleet Capital

Lead Arranger/Admin Agent
Wabash National Corporation

Manufacturer/Truck Trailers
$222.1
$175MM Revolver/$47.1MM Term Loan

Three-year term; National City (syn agent); Wachovia & GE Capital (co-doc agents)
Fleet Capital/Bank of America

Co-Agents
PNA Group

Distributor/Steel Products
$195.0

Revolver

Five-year term; used to refinance existing debt
Congress Financial/Kimco Realty

Co-Lead
Spartan Stores, Inc.

Retailer/Groceries
$185.0

$170MM Revolver/$15MM Supplemental Credit Facility

Four-year term; replaces existing credit facility
BNP Paribas

Lead Arranger/Admin Agent
CKE Restaurants, Inc.

Franchise/Casual Dining
$175.0
$150MM Revolver/$25MM Term Loan

Three/4 1/2 year term; revolver includes $80MM L/C sub facility; term loan used to refinance existing debt
Wachovia Bank/GE Capital

Co-Arrangers
NationsRent, Inc.

Provider/Equipment Rentals
$150.0

Revolver

Exit financing
Fleet Securities/Fleet Capital

Syndication Agent/Lead
KBUS Holdings, LLC

Provider/Motorcoach Services
$140.0
Revolver

Acquisition Financing (Coach USA)
Bank of America

Lead
GenTek, Inc.

Manufacturer/Industrial Products
$125.0

Revolver

Multi-year term; exit financing
GE Capital/Fleet Capital

Co-Lead
Superior TeleCom, Inc.

Manufacturer/Wireless & Cable Products
$120.0
Revolver

Exit financing; emerges as Superior Essex, Inc.
GE Commercial Finance

Lead
Applied Extrusion Technologies, Inc.

Manufacturer/Plastic Films
$100.0

$50MM Revolver/$50MM Term Loan

Five-year term; partially used to refinance existing debt & to repurchase leased equipment
Wachovia Bank

Lead
Interface, Inc.

Manufacturer/Carpet
$100.0
Revolver

Refinance existing facility
CIT Business Credit

Lead
Burlington Industries, Inc.

Manufacturer/Flat Glass Products
$85.0

Revolver

Exit financing following the sale of Burlington to WL Ross & Co.
Congress Financial

Lead
Delta Apparel, Inc.

Wholesaler/Apparel
$81.0
Revolver

Acquisition financing (M.J. Soffe Co.)
GE Capital

Lead
Dayton Superior, Inc.

Manufacturer/Steel Pipes & Tubes
$80.0

Revolver

Refinance of existing $50MM credit facility
Bank One

Lead
Tube City, Inc.

Processor/Scrap Metal
$75.0
$50MM Revolver/$15MM Term Loan/$10MM CAPEX

Acquisition financing; US Bank (syn agent); Citizens Bank (doc agent)
Wells Fargo Foothill/Hilco Capital

Co-Lenders
Source Interlink Companies

Distributor/Management Services
$65.0

$45MM Revolver/$20MM Term Loans

Three-year term; term loan allocation: Hilco Capital ($15MM) & Wells Fargo Foothill ($5MM)
CIT Business Credit

Lead
Loehmann’s Holdings Inc.

Retailer/Apparel
$50.0

Revolver

Replaces existing facility with Bankers Trust
Wells Fargo Retail Finance

Lead
The Sharper Image Corporation

Retailer/Specialty Items
$50.0

Revolver

Used for working capital & provides for L/Cs
Citizens Bank/Key Bank

Co-Agents
Presstek, Inc.

Provider/Digital Imaging Technology
$50.0
Revolver

Citizens Bank of New Hampshire (admin agent); Key Bank (doc agent)
GE Capital/Frost Bank

Co-Lenders
Cici’s Pizza

Franchise/Casual Dining
$50.0

Term Loan

Financing supports MBO led by Levine Leichtman Capital
GE Capital/Hilco Capital

Co-Lenders
Navarre Corporation

Wholesaler/Home Entertainment Cpmponents
$46.0
$40MM Revolver/$6MM Term Loan

Acquisition financing of BCI Eclipse, LLC
Bank One

Agent
The Aristotle Corporation

Manufacturer/Educational Products
$45.0
Revolver

Five-year term; replaces existing credit facility; Johnson Bank (participant)
Fleet Capital

Lead
Market Transport, Ltd.

Regional Truckload Carrier
$36.5

Revolver/Term Loan

Used to acquire controlling interest in InTransit, Inc.; working capital/CAPEX
Wells Fargo Retail Finance

Lead
Gadzooks, Inc.

Retail/Casual Apparel
$35.0
Revolver

Existing facility increased by $5MM; seasonal increase through 12/31/03
Wells Fargo Foothill

Lead
Advanced Lighting Technologies, Inc.

Manufacturer/Metal Halide Lighting Products
$30.0

Revolver

Exit financing; Saratoga Lighting Holdings provided $30MM in equity financing
Fleet Capital

Lead Arranger
Symbol Technologies, Inc.

Enterprise Mobility Solutions
$30.0

Revolver

Replaces existing facility with different syndicate of banks
Congress Financial

Lead
Riverside Private Equity

Distributor/Automotive Aftermarket Accessories
$30.0
Revolver

Three-year term; acquisition financing (American Products Company)
Wells Fargo Foothill

Lead
Norstan, Inc.

Provider/Communication Technology Solutions
$27.5

$5MM Revolver/$22.5MM Term Loan

Five-year term; replaces existing facility
Fleet Capital

Lead
Triangle Chemical Company

Wholesale Distributor/Agricultural Chemicals
$25.0

Revolver

Refinances existing debt
Congress Financial

Lead
PODS, Inc.

Provider/Mobile Storage
$25.0

Revolver

Provides acquisition financing
Congress Financial

Lead
Reunion Industries, Inc.

Provider/Metal & Plastics Products
$25.0

Revolver

Replaces existing facility with Bank of America
CIT Business Credit

Lead
Specialty Laboratories, Inc.

Clinical Reference Laboratories
$25.0

Revolver

New facility to fund working capital
Fleet Capital

Lead
Johnston Industries, Inc.

Manufacturer/Technical & Decorative Textiles
$24.5

Revolver

MBO financing of fabric & testing business (Johnston Industries); equity (Meriturn Partners)
Bank One

Lead
Rooster Products, Inc.

Manufacturer/Construction Supplies
$24.5
$23.75MM Revolver/$750M CAPEX

Partially used to refinance existing debt
Fleet Capital

Lead
Gulistan Carpet, Inc.

Manufacturer/Floor Covering
$23.5

Revolver/Term Loan

Used to finance acquisition by Hampton Capital; refinance existing debt
Fleet National Bank/Union Bank of California

Co-Lenders
Anacomp, Inc.


$22.5

Revolver


Bank of America

Lead
Excelligence Learning Corp.

Manufacturer/Educational Products
$20.0
$15MM Revolver/$5MM Term Loan

Two/five-year term; replaces existing facility with GMAC Business Credit
Fleet Capital

Lead
Precision Coil, Inc.

Manufacturer/Aluminum Coils
$20.0

Revolver/Term Loan

Refinance existing debt/working capital; provides for L/Cs
CIT Business Credit

Lead
Standard Management Corporation

Provider/Life Insurance
$20.0
$10MM Revolver/$10MM Term Loan

Replaces current revolver and sub-debt
Congress Financial

Lead
IMAX Corporation

Manufacturer/Entertainment Technology
$20.0

Revolver

New financing relationship; transaction expected to close by year-end
Fleet Capital

Lead
Bradford Soap International

Manufacturer/Specialty Soaps
$19.0
Revolver/Term Loan

Partially used for acquisition financing (The Hewitt Soap Company) and to refinance existing debt
Fleet Capital

Lead
IWT Tesoro Corporation

Distributor/Ceramic Tile
$17.0

Revolver

Partially used to refinance existing debt and working capital
GE Business Credit

Lead
Global DocuGraphix, Inc.

Provider/Commercial Printing Services
$14.0

Revolver

New facility to fund working capital
Fleet Capital

Lead
Terk Technologies Corporation

Manufacturer/Audio & Video Products
$12.0

Revolver

Used to refinance existing debt & provides for L/Cs
Fleet Capital

Lead
Terk Technologies Corporation

Manufacturer/Electronics
$12.0
Revolver

Refinance existing debt; includes L/Cs
Wells Fargo Business Credit

Lead
SMTEK International, Inc.

Provider/Electronic Manufacturing Services
$12.0
$10MM Revolver/$1MM Term/$1MM CAPEX

Three-year term
GE Business Credit

Lead
A-Top Polymers, Inc.

Distributor/Plastic Resins
$12.0

Revolver

New facility to fund working capital
Cole Taylor Bank

Lead
CTI Industries, Inc.

Manufacturer/Balloons & Specialty Films
$11.0

$7.5MM Revolver/$3.5MM Term Loan

Two-year term; replaces existing facility
LaSalle Business Credit

Lead
Digital Recorders, Inc.

Marketer/Digital Communications
$10.0
Revolver/Term Loan

Three-year term; replaces existing facility with Guaranty Business Credit
Western Technology Investment

Lead
Avamar Technologies, Inc.

Provider/Data Protection Solutions
$5.0

Revolver

Western Technology Investment is also an equity shareholder
QIII 2003 Transactions
GE Retail Fin / Bank of America

Co-Lead Arrangers
Hudson’s Bay Company

Retail/Department Store Chain
$650.0
Revolver

Replaced $480MM unscrd facility; GE (admin agent);
CIT Bus Credit Can. (fdng/coll agent)
Fleet Retail Finance

Lead Arranger
Circuit City Stores, Inc.

Retail/Consumer Electronics
$500.0

Revolver

Four-year term/replaces $210MM unsecured credit line
Bank of America

Lead Arranger
Alderwoods Group, Inc.

Funeral Service Provider
$325.0
$50MM Revolver/$275MM Term Loan B

Term B portion to refinance existing debt
Bank of America / Silver Point Fin

Lead Arranger/Co-Lender
Foamex International, Inc.

Manufacturer/Foam Products
$320.0
$190MM Revolver/$130MM Term Loans

Four-year term; Silver Point Finance provided $80MM portion of term loan
Wells Fargo Bank/GE Capital

Co-Lead Arrangers
Building Materials Holding Corp

Construction Services Provider
$300.0
$175MM Revolver/$125MM Term Loan

Wells Fargo (admin agent), U.S. Bank (syn agent) & Union Bank of Calif (doc agent)
Fleet Capital

Admin Agent
TruServ Corporation

Wholesaler/Hardware Cooperative
$275.0

Revolver/Term Loan

Fleet Sec (lead arranger & sole bookrunner); refi existing notes, replaces sr bank debt
GE Healthcare Financial Svs

Lead Arranger
Omega Healthcare Investors, Inc.

REIT/Long-term Healthcare
$225.0
$100MM Revolver/$125MM Term Loan

Four-year Term; refinance of two existing facilities
Congress Financial/Fleet Retail

Co-Lead
Musicland Holdings Corporation

Retail/Music Store Chain
$200.0
Revolver

Sun Capital Partners named as participant ($50MM)
Fleet Retail Fin/GE Corp Fin’l Svs

Co-Agents
Duane Reade, Inc.

Retail/Drugstore Chain
$200.0
Revolver/Term Loan

Five-year term; Fleet Securities (lead arranger) & Congress Financial (doc agent)
HSBC

Lead Arranger
Westcon Group, Inc.

Distributor/Networking Tech Products
$175.0
Revolver

GE Capital (coll agent); syndicate of seven banks participated
GE Capital

Admin Agent
Alliant Resources

Distributor/Financial Services
$160.0
$80MM Revolver/$80MM Term Loan

Credit Lyonnais & Madison Cap (co-lead), Merrill Lynch Cap (syn) & LaSalle Bank (doc)
Congress Financial

Lead
Stein Mart, Inc.

Retail/Apparel
$150.0

Revolver

Three-year term; refinancing includes option to increase to $175MM
Congress Financial

Lead
Fila USA, Inc.

Manufacturer/Athletic Apparel & Footwear
$100.0

Revolver

Three-year term; acquisition financing —includes $10MM line for Canadian subsidiary
CapitalSource Healthcare Fin

Lead
WKTM

Skilled Nursing Facilities
$94.0

$30MM Revolver/$64MM Term Loan

Term loan used to finance acquisition of skilled nursing facilities
GE Media & Commun Finance

Admin Agent
IPC Acquisition Corporation

Trading Floor Solutions Provider
$80.0
$25MM Revolver/$55MM Term Loan

Five-year term; Goldman Sachs Credit Partners (sole lead arranger & book runner)
CapitalSource Finance

Agent/Lender
Sun Healthcare Group

Service/Healthcare Provider
$75.0
Revolver

Two-year term; replaced credit facilities with Heller Healthcare Finance & Citicorp
U.S. Bank Business Credit

Agent/Lender
US Fence, Inc.

Manufacturer/Fencing & Railing
$75.0

$70MM Revolver/$5MM CAPEX

Three-year term; refinance an existing facility
PNC Business Credit

Lead/Agent
COMFORCE Corporation

Provider/Staffing Solutions
$75.0
Revolver

Four-year term; refinance an existing facility
Congress Financial

Lead/Agent
Acton Industries

Provider/Storage Services
$65.0
Revolver

Three-year term; used for acquisition financing
CIT Business Credit

Lead
UNICCO Service Company

Services/Facilities Outsourcing
$60.0

Revolver/Term Loan

Three-year term; refinancing of similar facility with other lenders
Congress Financial

Lead
Trigeant E.P., Ltd.

Asphalt Refinery
$50.0

Revolver

Three-year term; used for acquisition financing
Fleet Capital

Lead
Transplace, Inc.

Services/Logistics Mgm’t
$40.0

Revolver/Term Loan

Three-year term; new facility to refinance existing debt
Wells Fargo Foothill

Lead Arranger
Penton Media, Inc.

B/B Media Company
$40.0
Revolver

New facility adding $20MM in availability; CSFB acted as advisor on facility placement
Fleet Capital

Lead
Pierre Foods, Inc.

Producer/Food Products
$40.0

Revolver

Partially used to refinance existing indebtedness
PNC Business Credit

Lead
Lionel LLC

Manufacturer/Model Trains
$35.0
Revolver/Term Loan

New facility replaces existing loan and provides for other banking services
CapitalSource Finance

Lead
Radiant Research, Inc.

Clinical Drug Testing
$35.0

$27MM Revolver/$8MM Term Loan

Primarily used to facilitate acquisition of Photocare, Inc.
Congress Financial

Lead
American Products, Inc.

Manufacturer/Aftermarket Auto Parts
$30.0
Revolver

Three-year term; used for acquisition financing
GE Business Credit

Lead
Gardner Industries

Manufacturer/Roof & Driveway Products
$28.0

Revolver

New facility to fund working capital
LaSalle Retail Finance

Lead
Gabberts, Inc.

Retail/Home Furnishings
$25.0

Revolver

Three-year term; new working capital facility
Congress Financial

Lead
Expanets, Inc.

Networked Communication Solutions
$25.0
Revolver

Two-year term; new working capital facility
LaSalle Business Credit

Lead
Stonepath Group

Services/Logistics Mgmt
$20.0
Revolver

$5MM revolver increase
Fleet Capital

Lead
Reed & Barton Corporation

Marketer/Tableware & Giftware
$20.0

Revolver

Sustains 100 + year relationship, adds additional corporate svs including L/C facility
Bank One

Lead
Magnetek

Manufacturer/Digital Power Supplies
$19.0
Revolver

Three-year term; new facility replaced existing $16MM credit line
Banknorth, N.A.

Lead
TransAct Technologies, Inc.

Manufacturer/Transaction Printers
$12.5
$11.5MM Revolver/$1MM CAPEX

Three-year; replaced existing facility with LaSalle Business Credit
LaSalle Retail Finance

Lead
Super Stores of America, Inc.

Retail/Furniture
$10.0
Revolver

Three-year term; new facility for working capital
QII 2003 Transactions
Bank of America

Lead/Agent
Central Parking Corporation

Parking Garage Chain
$350.0

$175MM Revolver/$175MM Term Loan

Five/seven-year term; primarily a refinancing
Fleet Securities/Fleet Capital

Arranger/Lead
Seneca Foods Corporation

Manufacturer/Food Products
$200.0

$200MM Revolver/Term Loan

Financing provided for acquisition (Chiquita Processing); refinancing of existing debt
GE Corp Lending/GE Capital Mkts

Admin Agent/Lead Arranger
Blount International, Inc.

Manufacturer/Outdoor Products
$190.0
$67MM Revolver/$123MM Term Loan

Term B portion of term loan $85MM/ refinance of existing term loan
Fleet Securities/Fleet Capital

Arranger/Lead
Center Partners Mgm’t

Manufacturer/Canned Seafood Products
$171.2
$145MM Revolver/$26.2MM Term Loan

Acquisition financing (Bumble Bee Seafoods)
Bank of America

Admin Agent
Fleetwood Enterprises
$130.0
Revolver

Existing facility increased by $20MM
Fleet Securities/Fleet Capital

Lead Arranger/Agent
Hexcel Corporation

Manufacturer/Structural Materials
$115.0

Revolverx

Five-year term; multi-national, multi-currency facility
Fleet Securities/Fleet Capital

Arranger/Co-Lead
Gerber Scientific

Manufacturer/Computer-Based Sys/Equip
$110.0

$45MM Revolver/$65MM Term Loan

Four-year term; Ableco Finance provided term loan
CIT Business Credit

Arranger/Admin Agent
Fingerhut Direct

Catalog Merchandiser
$100.0
Revolver

Provided by CIT’s Retail Finance Group
GE Corp Lending

Lead Agent
Arena Brands, Inc.

Manufacturer/Apparel
$94.5
$50MM Revolver/$44.5MM Term Loan

Term loan used to refinance existing bank loans
GE Corp Finance/BNP Paribas

Co-Agents
Lund International

Manufacturer/Auto Specialty Products
$75.0

Revolver/Term Loan

Merrill Lynch Capital named as participant
Harris Trust & Savings Bank

Lead
All American Semiconductor

Distributor/Electronic Components
$65.0

Revolver

Three-year term; replaces $60MM credit facility; new bank added to consortium
J.P. Morgan Business Credit

Admin/Collateral Agent
Aventine Renewable Energy, Inc.

Manufacturer/Ethanol
$60.0
Revolver

Partially used for acquisition financing
Fleet Capital

Lead
Bradshaw International

Distributor/Kitchenware
$51.0
Revolver/Term Loan

Existing facility increased by $13.5MM ; acquisition financing (Butler Home Products)
Wells Fargo Foothill

Lead
Hudson Highland Group
$50.0
Revolver/Term Loan

Three-year term
Congress Financial/U.S. Bank

Co-Lenders
Mackie Designs

Manufacturer/Audio Equipment
$39.5
$26MM Revolver/$13.5MM Term Loan

U.S. Bank provided $11MM of term loan (Three-year term)
Transamerica Business Capital

Lead
Capital Five Investments

Manufacturer/Multi Wall Bags
$29.0
$17MM Revolver/$12MM Term Loan

Acquisition financng (Mid-America Packaging & Delta Natural Kraft)
CIT Business Credit

Lead
Cyberonics, Inc.

Manufacturer/Medical Devices
$25.0
Revolver

Existing facility increased by $15MM
LaSalle Retail Finance

Lead
rue21, inc.

Retail/Apparel
$13.0

$13MM Revolver

Three-year term; exit financing
Transamerica Business Capital

Lead
The Flexitallic Group, Inc.

Manufacturer/Sealing Products
$11.5

$10MM Revolver/$1.5MM Term Loan

Five-year term
Pacific Business Funding

Lead
Southwall Technologies, Inc.

Manufacturer/Film Coatings
$10.0

Revolver

One-year term; Ex-Im Bank provided $5MM guarantee
Fleet Capital

Lead
American Seafood Importer, Inc.

Wholesaler/Seafood
$10.0

Revolver/Term Loan

Refinancing
Textron Financial

Lead
Galaxy Nutritional Foods
$7.5

Revolver

Replaced Finova Capital facility
QI 2003 Transactions
Wachovia Securities

Arranger/Underwriter
Jack in the Box, Inc.

Franchise/Fast Food
$350.0

$200MM Revolver/$150MM Term Loan

$25MM revolver incrs; lead agents: Fleet NB, U.S. Bancorp, Rabobank & BNP Paribas
GE Commercial Finance

Lead
Standard Motor Products
$305.0

Revolver (Expanded)

$225MM facility increased by $80MM to fund purchase of selected U.S. operations of Dana Corp
Bank of America

Lead Arranger
Stericycle, Inc.

Medical Waste Mgm’t Services
$264.8
$105MM Revolver/$159.8MM Term Loan

Five/Six-year Term; amendment to increase borrowing capacity capacity ($51 MM)
UBS Warburg LLC

Lead Arranger
Hollywood Entertainment Corp.

Retail/Home Video Rentals
$250.0
$50MM Revolver/$200MM Term Loan

Five-year Term; repay existing indebtedness
Deutsche Bank Trust

Lead Arranger
Grant Prideco
$240.0

$190MM Revolver/$50MM Term Loan

Four-year term; widely syndicated acquisition financing; provides for U.S. and Canadian borrowings
Wachovia Bank/Congress Fin’l

Arranger/Lead
J. Crew

Retail/Apparel
$180.0
Revolver/Term Loan

Participants incl: CIT Business Credit, BofA, Merrill Lynch Capital & LaSalle Retail Fin
Wachovia Securities/BNP Paribas

Co-Lead Arrangers
Wackenhut Corrections Corporation
$175.0

$50MM Revolver/$125MM Term Loan

Five/Six-year term; proceeds used to purchase properties under operating lease facility
Congress Financial

Admin Agent
Desa International
$165.0

Revolver/Term Loan

Financing provided to H.I.G. Capital for acquisition of borrower; Ableco Finance (collateral agent)
Wells Fargo Foothill/Ableco Fin

Co-Lead
Midas, Inc.

Auto Aftermarket & Service Provider
$140.0
$48MM Revolver/$92MM Term Loan

Three-year term; requires commitment by existing lenders to provide $40MM sub-debt
Comerica Bank

Lead/Agent
Olympic Steel, Inc.
$132.0

$90MM Revolver/$42MM Term Loan

Three-year term; replaced $125MM facility
J.P. Morgan Securities

Lead Arranger
Denny’s Inc.

Franchise/Casual Dining
$125.0

Revolver

One-year term; Foothill Cap (syn agent); J.P. Morgan Chase (admin & collateral agent)
Wachovia Bank/Congress Fin’l

Arranger/Lead
Lerner New York

Retail/Apparel
$120.0
Revolver

Financing to facilitate Limited Brands private equity buyout; CIT Business Crdt (co-lndr)
GE Commercial Finance/CIBC (WM)

Co-Lead Arrangers
Atlantis Plastics, Inc.

Manufacturer/Polyethylene Films
$110.0
$35MM Revolver/$75MM Term Loan

Five/Six-year (term B); incl: Merrill Lynch Cap, BNP Paribas, John Hancock & ORIX Fin’l
Congress Financial

Lead
Titanium Metals Corporation

Manufacturer/Titanium Products
$105.0
Revolver

Existing facility increased by $15MM; resulted from addition of new participant
Fleet Capital

Lead/Agent
Columbus McKinnon Corporation

Manufacturer/Material Handling Products
$100.0

$30MM Revolver/$70MM Term Loan

4 1/2 year term; Fleet Securities placed the secured term loan
GE Structured Finance

Lead
American Skiing Company
$91.5

$40MM Revolver/$51.5MM Term Loan

Refinancing; $20MM portion of term loan provided by CapitalSource
Wachovia Bank/Congress Financial

Arranger/Lead
Champion Home Builders Company
$75.0

Revolver

Three-year term; primarily for L/C issuance; freed-up $50MM in restricted cash
GE Commercial Finance

Lead Arranger
Brightpoint, Inc.
$70.0

Revolver

Provided incremental borrowing availability of $7.5MM; overall facility reduced from $90MM
Wells Fargo Retail Finance

Lead Arranger
Party City Corporation

Retail/Party Supplies
$65.0

Revolver

Three-year term; replaced $40MM facility with Congress Fin’l; Fleet Retail Fin (doc agent)
Fleet Capital

Lead
SITEL Corporation
$50.0

Revolver

Three-year term; replaced existing $50MM facility; secured by A/R in U.S., Canada & U.K.
GE Commercial Finance

Lead
Infogrames, Inc.
$50.0

Revolver

2 1 /2-year term; all other debt obligations subordinated to new facility
Wells Fargo Retail Finance

Lead
Wickes Furniture Company
$46.0

Revolver

Renewal of existing facility
CIT Business Credit/Fleet Capital

Agent/Lender
Hussey Copper

Manufacturer/Copper Products
$45.0
$35.5MM Revolver/$9.5MM Term Loan

Three-year term; replaced Citizens Bank facility
Wells Fargo Retail Finance

Lead
Copeland Enterprises, Inc.
$35.0

Revolver

Facility used for recapitalization
Transamerica Business Capital

Lead
JJI Lighting Company

Manufacturer/Lighting Specialties
$35.0

Revolver/Term Loan

Refinacing; Mezzanine Management equity sponsor
Huntington National Bank

Lead
R.G. Barry Corporation
$32.0

Revolver

Three-year term; replaced unsecured facility
Wells Fargo Foothill

Lead
World Airways

Commercial Airline
$30.0

Revolver

Five-year term; retired prior credit facility with GMAC
Fleet Capital

Lead
W.L. Petrey Wholesale Company
$30.0

Revolver

Refinancing
Transamerica Business Capital/KeyBank

Co-Lenders
Beck Aluminum Corporation
$25.0

Revolver

Refinancing
CapitalSource Healthcare

Lead
Trans Healthcare, Inc.

Skilled Nursing Facilities
$20.0

Revolver

Included inter-creditor agreement with lender & REIT
LaSalle Business Credit

Lead
SL Industries, Inc.
$20.0

Revolver/Term Loan

Three-year term
Wells Fargo Foothill

Lead
Mercator Software, Inc.
$20.0

$10MM Term Loan/$5MM L/C/$5MM Revolver

Three-year term; replaced $15MM facility with Silicon Valley Bank
PNC Bank

Lead
Metrologic Instruments, Inc.

Manufacturer/Laser Bar Code Scanners
$17.5

$13MM Revolver/$4.5MM Term Loan

Three-year term; debt restructure
Transamerica Business Capital

Lead
Tiro Industries, LLC

Manufacturer/Personal Care Goods
$17.0
Revolver/Term Loan/$1MM CAPEX

Facility used for acquisition of Tiro by Daily Capital
Whitehall Business Credit

Lead
SPAR Group, Inc.
$15.0

Revolver

Three-year term; replaced previous facility with IBJ Whitehall Business Credit
Comerica Bank

Lead
Align Technology, Inc.
$15.0

$10MM Revolver/$5MM Term Loan

18-month term; term loan is equipment based @ 36 months
Silicon Valley Bank

Lead
iBasis, Inc.
$15.0

Revolver

Two-year term; includes warrants to purchase shares of borrower’s stock
Congress Financial

Lead
Hirsch International Corporation
$12.0

Revolver

Three-year term; replaced facility with PNC Bank
Wells Fargo Foothill

Lead
Mrs. Fields’ Original Cookies, Inc.
$11.9

$9.9MM Revolver/$2MM L/C

Two-year term; $2.9MM increase
LaSalle Retail Finance

Lead
The Ski Market Ltd.
$10.0

Revolver

Three-year term
Kimco Capital

Lead
Frank’s Nursery & Crafts, Inc.

Retail/Lawn & Garden
$10.0
Revolver

Existing credit facility amendment; incl warrants to purchase shares of borrower’s stock
Comerica Bank

Lead
Orchid BioSciences, Inc.
$10.0

Revolver

No other details provided
* Deal Size in Millions



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