Notable Transactions
Data gathered from direct sources, news releases and other public information (2014/01/01-2014/03/31)
Dollar amounts in millions
Note: Click Column Headings to Activate Sorting Options.
DATE | BORROWER/INDUSTRY | LENDER/ROLE | AMOUNT | STRUCTURE/NOTES |
---|---|---|---|---|
2014/01/24 | A. M. Castle Distributor/Specialty Metal & Plastic |
Wells Fargo Admin Agent |
125.0 | ABL Facility Up to $150MM w/ accordion; increases existing facility |
2014/01/02 | Acura Pharmaceuticals Provider/Specialty Pharma Services |
Oxford Finance Lender |
10.0 | Term Loan Four-year term |
2014/03/18 | AK Steel Producer/Metallurgical Coal |
BofA, J.P. Morgan Sec, Wells Fargo Jt Ld Arrangers |
1100.0 | Revolver 5-year term; replaces existing facility |
2014/03/10 | Aker Philadelphia Shipyard Manufacturer/Shipyard Vessels |
Tennebaum Capital Partners Ld Lender |
65.0 | Term Loan |
2014/03/21 | Alfred Music Publishing Publisher/Educational Music Products |
Crystal Financial Lender |
20.0 | Term Loan |
2014/01/09 | Alliance Time & Ashford.com Wholesaler/Luxury Watches & Specialty Jewelry |
Monroe Capital, BofA Merrill Lenders |
67.0 | $40MM Revolver/$27MM Term Loan BofA ML provided the revolver; Monroe provided the term loan |
2014/02/25 | AMSCO Steel Distributor/Steel & Aluminum |
Marquette Business Credit Lender |
6.0 | ABL Revolver |
2014/02/20 | Associated Steel Manufacturer/Metal Building Systems |
LBC Credit Partners Agent |
15.0 | Term Loan Supports acquisition; Promus Equity Partners portfolio company |
2014/03/25 | Asure Software Provider/Time & Labor MGMT Solutions |
Wells Fargo Bank Admin Agent |
18.0 | $3MM Revolver/$15MM Term Loan |
2014/01/31 | Atlantic Power Operator/Power Generartion Assets |
Goldman Sachs Lending Partners & BofA Jt Ld Arrangers |
800.0 | $200MM Revolver/$600MM Term Loan Replaces existing facility |
2014/01/28 | Billabong Retailer/Sports Apparel |
GE Capital Admin Agent & Ld Arranger |
100.0 | Multicurrency Revolver |
2014/01/06 | Bob Evans Farms Operator/Full-Service Restaurants |
PNC Bank Admin Agent |
750.0 | Revolver |
2014/01/14 | Bolts & Nuts Distributor/Comm'l & Construction Bolts & Fasteners |
Cole Taylor Business Capital Lender |
6.0 | Revolver |
2014/01/22 | BookIt.com Provider/Online Travel Services |
Monroe Capital Lender |
10.0 | Term Loan Supports growth; BooktIt advised by Essex Capital |
2014/03/12 | Callon Petroleum Provider/Oil & Natural Gas Services |
JPMorgan Chase Admin Agent |
625.0 | $500MM Revolver/$125MM Term Loan 5-year term |
2014/03/06 | Cantel Medical Provider/Infection Prevention & Control Products, Services |
BofA, Wells, PNC Ld Lender |
250.0 | Revolver Maturity extended through March 2019; refinances debt |
2014/03/20 | Cimarron Acid & Frac Provider/Pressure Pumping Services |
Cole Taylor Business Capital Lender |
8.0 | Revolver Annapurna Cap Mgmt portfolio company |
2014/02/24 | Cloud Peak Energy Producer/Coal |
PNC Bank Admin Agent |
500.0 | Revolver |
2014/01/29 | Coating Excellence Intl Provider/Extrusion Coating & Printing Services |
BMO Harris Bank, Sponsor Finance Sole Ld Arranger, Sole Bookrunner & Admin Agent |
99.0 | Revolver Mason Wells portfolio company |
2014/01/23 | Crumbs Bake Shop Provider/Gourmet Cupcakes |
Fischer Enterprises Lender |
5.0 | Revolver Supports new business plan |
2014/02/20 | Diamond Foods Provider/Packaged Food |
Wells Fargo/Credit Suisse Admin Agent & Sole Ld Arranger/Admin & Col Agent |
539.0 | $125MM ABL/$415MM Term Loan 4.5-year terms; credit agreements replace previous facility w/ BofA as admin agent |
2014/01/14 | Diamonds Direct Retailer/Diamonds & Diamond Jewelry |
GB Credit Partners Lender |
15.0 | Term Loan |
2014/02/05 | Diamonds Direct USA Operator/Retail Diamond Stores |
AloStar Business Credit Lender |
20.0 | Revolver |
2014/02/14 | Double B Foods Manufacturer/Frozen Food Appetizers |
Cole Taylor Business Capital Lender |
8.0 | Revolver Refinances debt; Atlantic Street Capital Management portfolio company |
2014/02/24 | Dragone Classic Motor Cars Auctioneer/Classic Cars |
Webster Business Credit Corp Lender |
15.0 | Revolver Refinances debt |
2014/01/07 | DragonWave Provider/Packet Microwave Solutions |
Comerica Bank & Export Development Canada Lenders |
40.0 | ABL Revolver Two-year term |
2014/02/10 | Dunkin' Brands Group Franchisor/Quick Service Restaurants |
Barclays Bank Admin Agent |
1929.0 | $100MM Rev/$1.379B TL/$450MM TL 3-, 5-, & 7-yr terms; replaces existing facilities |
2014/03/07 | ENTREC Provider/Heavy Lift & Haul Services |
Wells Fargo Capital Finance Canada Ld Lender |
240.0 | ABL Facility 5-yr term; lenders: Scotiabank, Canadian Western, TD Bank & National Bank of Canada; replaces previous facility |
2014/03/26 | Euramax Holdings Manufacturer/Building Products |
Regions Bank Admin & Col Agent |
70.0 | Revolver Sole ld arranger: Regions Business Capital |
2014/01/16 | Evergreen Enterprises of Virginia Wholesale Distrib/Home Furnishings |
Wells Fargo Capital Finance Sole Ld Arranger & Bookrunner |
55.0 | Revolver |
2014/01/28 | First Quantum Minerals Provider/Mining Development Projects |
BNP Paribas & Standard Charter Bank Mandated Ld Arrangers & Underwriters |
2500.0 | $1.5B Revolver/$1B Term Loan 5-yr terms |
2014/01/31 | FourPoint Energy Provider/Energy Services |
JPMorgan Chase, Wells Fargo Bank Lenders |
250.0 | Revolver Sole ld arranger & bookrunner: J.P. Morgan Sec |
2014/03/21 | Fulcrum IT Services Provider/Tech Consulting & Services |
BMO Harris Bank, Sponsor Finance Sole Ld Arranger, Sole Bookrunner & Admin Agent |
25.0 | Revolver Boyne Capital Partners portfolio company |
2014/01/23 | General Employment Provides Hiring Services |
Keltic Financial Lender |
6.0 | Revolver Refinances existing facility |
2014/03/12 | Hamilton Metals Distributor/Corrosion Resistant Alloys |
PNC Bank Lender |
50.0 | ABL Facility |
2014/01/07 | Harley Marine Services Provider/Marine Petroleum Transportation Services |
GE Capital, Corporate Finance Admin Agent |
285.0 | Revolver/Term Loan Sole bookrunner & sole ld arranger: GE Cap Mkts |
2014/01/07 | Ignyta Developer/Precision Medicine |
Silicon Valley Bank Lender |
10.0 | Term Loan Replaces previous $1.5 million facility |
2014/03/07 | ILFC Lessor/Aircraft |
Deutsche, Goldman Jt Ld Arrangers & Jt Bookrunners |
1500.0 | Term Loan Jt bookrunner: RBC Capital; supports aircraft purchases |
2014/01/14 | Intcomex Distributor/IT Products |
PNC Cap Mkts & BankUnited Co-Ld Arrangers |
150.0 | Revolver 5-year term; concurrent $20MM shareholder equity |
2014/01/30 | Interflex Acquisition Co Manufacturer/Printed & Flexible Packing Solutions |
BMO Harris Bank Sponsor Finance Jt Ld Arranger, Jt Bookrunner & Admin Agent |
72.0 | Revolver |
2014/02/04 | iPipeline Provider/Sales Distrib Software |
Capital One Bank Lender |
42.5 | Revolver |
2014/03/21 | Jack in the Box Operator/Franchise Fast Food Restaurants |
Wells Fargo, Merrill Lynch Jt Ld Arrangers |
800.0 | $600MM Revolver/$200MM Term Loan 5-year term |
2014/03/28 | JAKKS Pacific Developer/Toys & Leisure Products |
GE Capital, Corporate Finance Admin Agent |
75.0 | Revolver |
2014/03/06 | JW Resources Operator/Thermal & Metallurgical Coal Mining |
GB Credit Partners Lender |
15.0 | Revolver/Term Loan |
2014/03/28 | Katy Industries Distributor/Comm'l Cleaning Products |
BMO Harris Bank Sole Lender |
27.0 | Revolver |
2014/01/30 | Kayne Anderson Energy Dev Co Investor/Energy Companies |
SunTrust Bank Admin Agent |
120.0 | Revolver 3-yr term; arrander & book mgr: SunTrust RH; syn agent: Citibank; co-doc agents: UBS Sec & Scotia Bank |
2014/03/21 | KDH Defense Systems Manufacturer/Body Armor |
MidCap Business Credit Lender |
7.5 | ABL Revolver |
2014/03/06 | Laney Directional Drilling Provider/Drilling Services |
CIT Corp Fin Sole Ld Arranger, Sole Bookrunner & Admin Agent |
43.0 | Revolver Chart Capital Partners portfolio company; financing provided by CIT Bank |
2014/02/05 | Legacy Cabinets Manufacturer/Home Cabinetry |
PNC Bank Lender |
13.5 | $10MM ABL Revolver/$3.5MM Term Loan |
2014/03/07 | Lehigh Gas Facility Distributor/Motor Fuels |
Citizens Bank of PA Admin Agent |
450.0 | Revolver 5-yr term; jt ld arrangers & bookrunners: RBS Cit, KeyBank & Wells Fargo Sec; co-syn agents: Wells & KeyBank; co-doc agents: BofA, M&T Bank, RBC & Santander |
2014/02/25 | Lighting Science Provider/Enviro-Friendly Lighting Solutions |
Medley Capital Agent |
53.0 | Revolver |
2014/03/27 | LKQ Provider/Collision Parts |
Wells Fargo Sec Left Ld Arranger & Left Bookrunner |
2300.0 | $1.85B Revolver/$450MM Term Loan Jt ld arrangers & jt bookrunners: Merrill, Bank of Tokyo-Mitsubishi & RBS Cit; admin agent: Wells Fargo; syn agent: BofA |
2014/03/05 | Long's Drugs Provider/Retail Pharmacy Services |
Healthcare Finance Group Sole Ld Arranger, Admin Agent & Lender |
79.0 | Debt Facility Fifth St Fin served as admin agent, sole ld arranger & lender for $13MM subordinated debt; HFG provided $66MM sr. debt |
2014/03/05 | Lucid Energy Group Developer/Oil & Gas Infrastructure Facilities |
Wells Fargo Sec, Cadence Bank Jt Ld Arrangers |
200.0 | Revolver 4-yr term; private equity commitments: EnCap Flatrock Midstream |
2014/03/21 | MarkWest Energy Provider/Natural Gas Transportation Services |
Wells Fargo, RBC Cap Mkts Jt Ld Arrangers & Jt Ld Bookrunners |
1300.0 | Revolver 5-year term; up to $1.8B w/ accordion |
2014/03/20 | Matrix Service Provider/Engineering Services |
JPMorgan Chase Admin Agent |
200.0 | Revolver 5-year term; sole ld arranger & bookrunner: J.P. Morgan Sec |
2014/03/11 | MB Precision Provider/Fabrication, Assembly & Test Services |
BMO Harris Bank Sole Lender |
25.0 | ABL Revolver Insight Equity portfolio company |
2014/02/05 | Meritage Midstream Services II Provider/Oil & Gas Midstream Services |
Deutsche Bank Trust Americas Admin Agent |
125.0 | Revolver 3-yr term; up to $175MM w/ accordion; jt ld arrangers & lenders: Deutsche Bank AG, Citibank, RBC & RBS |
2014/02/03 | National Mentor Holdings Provider/Home & Community Health & Human Services |
Barclays Bank Admin Agent |
750.0 | $100MM Revolver/$600MM Term Loan/$50MM Cash Coll Acct Replaces existing facilities |
2014/01/28 | New Beginnings Care Operator/Skilled Nursing Facilities |
Gemino Healthcare Finance Lender |
8.0 | Revolver |
2014/02/18 | New Enterprise Stone & Lime Supplier/Construction Materials |
PNC Bank/Wells Fargo Bank Admin Agent/Syn Agent |
175.0 | $105MM Revolver/$70MM Term Loan |
2014/02/14 | NewPage Producer/Printing & Specialty Papers |
Barclays Bank, Credit Suisse Sec Ld Lenders |
1100.0 | ABL Facility/Term Loan Barclays led the ABL; Credit Suisse Sec led the term loan |
2014/02/20 | NextCare Holdings Provider/Urgent Care & Occupational Medical Services |
Madison Capital Admin Agent |
145.0 | Revolver Enhanced Equity Funds portfolio company; received commitments from NXT Cap, Siemens Financial, BDC of America, Jefferies & Fifth St Sr Floating Rate |
2014/01/06 | NGL Energy Operating Provider/Energy Services |
Deutsche Bank Trust Company Americas Admin Agent & Col Agent |
935.5 | Revolver $50MM facility increase |
2014/03/12 | Nova USA Wood Products Importer/Hardwood Flooring Products |
First Capital Lender |
5.0 | ABL Revolver |
2014/03/19 | Nuverra Environmental Solutions Provider/Enviro Solutions |
Wells Fargo, RBS Cit, BofA, CIT Fin & Cap One BC Ld Lenders |
245.0 | Revolver |
2014/02/04 | Nuverra Environmental Solutions Provider/Environmental Energy & Industrial Solutions |
Wells Fargo Admin Agent |
200.0 | Revolver Up to $225MM w/ accordion; jt ld arrangers & jt bookrunners: Wells Fargo, RBS Citizens & BofA |
2014/02/21 | OddLot Entertainment Producer/Film & TV |
J.P. Morgan, Comerica Co-Ld Arrangers |
50.0 | Revolver Up to $150MM w/ accordion |
2014/03/05 | Omeros Provider/Biopharmaceutical Services |
Oxford Finance, MidCap Financial Lenders |
32.0 | Term Loan 4-year term; repays prior loan agreements |
2014/03/24 | Orient-Express Operator/High-End Hotels, Cruise & Train Services |
Barclays, J.P. Morgan Jt Ld Arrangers |
657.0 | $105MM Revolver/$552MM Term Loan 5-yr multi-currency revolver; term loan B comprises: $345MM & €150MM tranches |
2014/01/08 | OW Bunker Supplier/Bunker Fuel & Shipping Supplies |
ING Bank Ld Lender |
700.0 | Revolver Refinances debt; Altor portfolio company |
2014/02/13 | Park Electrochemical Developer/Digital & RF-Microwave Printed Circuit Materials |
PNC Bank Lender |
104.0 | Revolver 4-year term; replaces existing facility |
2014/01/13 | PerkinElmer Provider/Technology Services |
JPMorgan Chase Admin Agent |
700.0 | Revolver Replaces previous credit agreement; co-syn agents: BofA & Barclays; co-doc agents: RBS, Citibank & HSBC; jt bookrunners & ld arrangers: J.P. Morgan Sec & Merrill |
2014/01/08 | Permian Basin Materials Provider/Ready-Mix Concrete & Sand, Gravel & Limestone Aggregate |
GE Capital, Corporate Finance Admin Agent |
72.5 | Revolver Supports Crockett County Mining, Highland Concrete & Wallach Concrete acquisitions; sole Ld Arranger & bookrunner: GE Cap Mkts |
2014/01/13 | Perry Ellis Designer/Apparel, Accessories & Fragrances |
Wells Fargo/BofA Agent/Syndication Agent |
125.0 | Revolver Max $200MM w/ $25MM increments |
2014/03/25 | Phillips Pet Food & Supplies Distributor/Pet Food & Supplies |
BMO Harris Bank Jt Ld Arranger, Jt Bookrunner & Admin Agent |
60.0 | Revolver Thomas H. Lee Partners portfolio company |
2014/01/22 | Proteus Digital Health Provider/Digital Health System |
Oxford Finance, Silicon Valley Bank Lenders |
31.5 | Revolver/Term Loan Supports growth |
2014/02/12 | Rainbow Play Systems Manufacturer/Children's Wooden Outdoor Playscapes |
NewStar Business Credit Lender |
11.0 | Revolver/Term Loans Refinances debt |
2014/01/31 | Recochem Distributor/Consumer & Industrial Chemical Products |
GE Capital Canada Finance Admin Agent & Swingline Lender |
165.0 | Revolver Sold ld arranger & bookrunner: GE Capital Markets |
2014/03/20 | Rent-A-Center Provider/Rent-to-Own Services |
JPMorgan Chase Admin Agent |
900.0 | $675MM Revolver/$225MM Term Loan Up to $1.15B w/ accordion; syn agents: BofA, BBVA Compass, Wells Fargo & SunTrust Bank |
2014/03/31 | RockPile Energy Services Provider/Energy Services |
Citibank & Wells Fargo Bank Jt Ld Arrangers & Jt Bookrunners |
100.0 | Revolver Admin agent: Citibank; up to $250MM w/ accordion |
2014/01/07 | Samuels Jewelers Retailer/Jewelry |
GB Credit Partners Lender |
10.0 | Term Loan Supported by second lien on inventory & receivables |
2014/02/18 | Seadrill Partners Operator/Offshore Drilling Rigs |
Deutsche Bank Securities Sole Global Coordinator |
1900.0 | $100MM Revolver/$1.8B Term Loan B Jt ld arrangers & jt bookrunners: Deutsche Bank Sec, Credit Suisse Sec, Barclays & RBC Cap Mkts; co-managers: ABN AMRO Cap, HSBC Sec, ING Bank & BNP Paribas Sec |
2014/02/03 | Senco Brands Manufacturer/Contractor Power Tools |
LBC Credit Partners Admin Agent, Sole Ld Arranger & Sole Bookrunner |
42.5 | Term Loan Supports Senco recap |
2014/01/27 | Shop-Vac Provider/Wet-Dry Vacuum Cleaners |
GE Capital, Corporate Finance Agent & Sole Lender |
70.0 | Revolver Supports international growth |
2014/01/15 | Silgan Holdings Supplier/Shelf-Stable Food Packaging Services |
Wells Fargo Sec, Merrill, Citigroup Global Mkts & Goldman Sachs Jt Ld Arrangers & Jt Book Mgrs |
1727.7 | Multicurrency Revolver & Term Loans Multicurrency revolver: $1B; term loans: US$365MM, €220MM & C$70MM |
2014/02/06 | Silver Airways Operator/Airline |
GB Credit Partners Admin Agent |
73.0 | Revolver Victory Park Capital portfolio company |
2014/03/14 | Sipi Metals Recycler/Precious Metals |
BMO Harris Bank Admin Agent |
54.0 | ABL Facility |
2014/02/18 | Sotheby’s Auctioneer/Art |
GE Capital, Corporate Finance Admin & Col Agent |
600.0 | Revolver Jt ld arranger & jt bookrunner: GE Cap Mkts |
2014/01/15 | Star Gas Partners Retail Distrib/Home Heating Oil |
JPMorgan Chase Admin Agent |
450.0 | Revolver Co-syn agents: BofA & RBS Citizens; jt ld arrangers & jt bookrunners: JPM Sec, Merrill & RBS Citizens; co-doc agents: KeyBank, Regions Bank, WFCF & BMO HB |
2014/01/06 | Stoli Group USA Producer/Vodka |
GE Capital, Corporate Finance Lender |
50.0 | Revolver Up to $1.05B w/ accordion; sole bookrunner: PNC Cap; jt ld arrangers: PNC Cap, J.P. Morgan Sec, Merrill & Wells Fargo; co-syn agents: BofA, JPM Chase & Wells Fargo |
2014/01/07 | Talon International Supplier/Custom Zippers |
Union Bank Lender |
8.5 | $3.5MM Revolver/$5MM Term Loan Repays $5.8MM debt to CVC California; supports growth |
2014/02/06 | Tangent Medical Developer/IV Therapy Services |
GE Capital, Healthcare Fin Services Agent & Sole Lender |
5.0 | Term Loan Supports commercialization & development efforts |
2014/03/05 | Teters Floral Products Supplier/Artificial Floral Products |
BofA Business Capital Lender |
20.0 | Revolver |
2014/03/24 | Textron Provider/Aviation Products |
JPMorgan Chase Admin Agent |
500.0 | Term Loan 5-year term; supports Beechcraft acquisition; syn agents: Citibank & BofA |
2014/01/21 | Times Publishing Company Publisher/Newspapers |
Crystal Financial Lender |
28.0 | Term Loan 2-yr term; refinances debt; supports growth |
2014/03/04 | Tronair Provider/Ground Support Equipment |
BMO Harris Bank Sponsor Finance Admin Agent, Jt Ld Arranger & Jt Bookrunner |
51.0 | Revolver Levine Leichtman portfolio company |
2014/03/25 | Trover Solutions Provider/Outsourced Insurance Subrogation |
BMO Harris Bank, Sponsor Finance Jt Ld Arranger, Jt Bookrunner & Admin Agent |
124.5 | Revolver ABRY Partners portfolio company |
2014/02/18 | United Road Services Provider/Vehicle Transport & Logistics Services |
PNC Bank Lender |
50.0 | ABL Facility Funds Waggoner Trucking division acquisition; Charlesbank Cap Partners portfolio company |
2014/03/28 | UTi Worldwide Provider/Supply Chain Services |
Citigroup Global Mkts, Morgan Stanley Sr Funding & Bank of the West Lenders |
150.0 | ABL Revolver 5-year term |
2014/02/06 | ValueVision Media Multichannel Retailer/Various Merchandise |
PNC Bank Lender |
75.0 | $60MM Revolver/$15MM Term Loan 4-year term; $25MM increase |
2014/02/25 | Venio (d/b/a Keane) Provider/Outsourced Unclaimed Property Solutions |
BMO Harris, Sponsor Finance Jt Ld Arranger, Jt Bookrunner & Admin Agent |
45.0 | Revolver Lovell Minnick Partners portfolio company |
2014/03/28 | Vermont Castings Group Manu & Distrib/Hearth Products |
The PrivateBank Lender |
27.5 | $20MM Revolver/$7.5MM Term Loan |
2014/03/13 | Vicwest Distributor/Storage & Handling Systems |
CIBC Admin Agent |
120.0 | ABL Facility Up to $145MM w/ accordion; lenders: CIBC, National Bank of Canada, RBC & Scotiabank; replaces existing revolver |
2014/03/03 | Wesco Aircraft Holdings Provider/Chemical Supply Chain MGMT Solutions |
BofA Merrill Lynch Ld Arranger |
525.0 | Term Loan B Supports Haas Group acquisition; joint bookrunners: Barclays, Morgan Stanley SF & RBC Cap Mkts |
2014/03/18 | Windsor Quality Food Manufacturer/Private Label Food |
BMO Harris Admin Agent, Jt Ld Arranger, Jt Bookrunner |
100.0 | Revolver |
2014/01/07 | Wise Metals Group Provider/Alloys, Recycling & Maintenance Services |
GE Capital, Corporate Finance Admin Agent |
340.0 | Revolver Sole ld arranger & jt bookrunner: GE Cap Mkts |
2014/01/07 | World Energy Solutions Provider/Energy MGMT Services |
Commerce Bank Lender |
8.0 | $2.5MM Revolver/$6MM Term Loan Three-year term; replaces previous $9MM facility w/ SVB |
2014/01/22 | Worldwise Manufacturer/Pet Accessories |
Salus Capital Partners Lender |
20.0 | Revolver |
2014/03/25 | WTG Fuels Distributor/Fuel & Propane |
BBVA Compass Sole Ld Arranger & Admin Agent |
60.0 | ABL Facility |
2014/03/25 | XPO Logistics Provider/Transportation Logistics |
Morgan Stanley Bank, JPM, Credit Suisse, Citibank Deutsche KeyBank Ld Lenders |
415.0 | ABL Facility 4-year term |
2014/01/21 | Xtreme Drilling and Coil Services Operator/Drilling Rigs |
Wells Fargo Lead Bank |
150.0 | Revolver 3-yr term; up to $175MM w/ accordion |
2014/02/14 | YRC Worldwide Provider/Shipping Services |
RBS Citizens Business Capital Admin Agent |
1150.0 | $450MM ABL Revolver/$700MM Term Loan 5-year term; debt refi; jt ld arrangers: CIT Corp Fin & BofA Merrill; CIT Bank provided financing |