Notable ABL Transactions
Data gathered from direct sources, news releases and other public information — covers 01/01/16 through 03/31/16.

DATEBORROWER/INDUSTRYLENDER/ROLEAMOUNTSTRUCTURE/NOTES
2016/01/12101.1 More FM/WBEB
Provider/Radio Broadcasting
Monroe Capital
Admin Agent
35Revolver
Supports recap
2016/01/12Accuray
Manufacturer/Treatment Solutions
Cerberus Business Finance
Lender
70Term Loan
2016/01/19Acorda Therapeutics
Developer/Therapeutic Drugs
JPMorgan Chase
Admin Agent
60ABL Revolver
Supports acquisition of Biotie Therapies
2016/02/10Aerospace Manufacturing Group
Holding Company
AloStar
Lender
14Revolver
2016/03/29Alloy Wheel Repair Specialists
Provider/Alloy Wheel Repair
Monroe Capital
Admin Agent
42.5Revolver
2016/01/05American Electric Technologies
Provider/Power Delivery Solutions
Frost Bank of Texas
Lender
8.5$4.5MM Revolver/$4MM Term Loan
2016/01/06American Mortgage Consultants
Provider/Mortgage Loans
Monroe Capital
Admin Agent
27.5Revolver
Supports acquisition of JCIII & Associates
2016/03/11AMETEK
Manufacturer/Electronic Instruments
JPMorgan Chase
Admin Agent
850Revolver
Facility upsized from $700MM
2016/01/04AMN Healthcare
Provider/Workforce Solutions
SunTrust
Admin Agent
350$275MM Revolver/$75MM Term Loan
Supports acquisition of B.E. Smith
2016/03/01Avid Technology Worldwide
Provider/Digital Solutions
Cerberus Business Finance
Admin Agent
105$100MM Term Loan/$5MM Revolver
2016/01/25AZON Metals
Manufacturer/Steel
NewStar Business Credit
Lender
24Credit Facilities
2016/03/18Ball Corporation
Supplier/Packaging Solutions
Deutsche Bank NY
Admin Agent
4100Revolver/Term Loan
2016/01/04Barteca Holdings
Operator/Restaurants
Citizens Bank
Admin Agent
74Revolver
2016/03/10Bonanza Creek Energy
Producer/Oil & Natural Gas
KeyBank
Admin Agent
209Revolver
2016/03/25Briggs & Stratton
Manufacturer/Lawn Mowers
JPMorgan Chase
Admin Agent
500Revolver
2016/01/25Broad River Furniture
Retailer/Furniture
NewStar Business Credit
Lender
10Credit Facilities
2016/03/31Cabela's
Retailer/Outdoor Merchandise
BofA
Lender
500Revolver
Facility upsized from $300MM
2016/02/12Cambium Learning
Provider/Educational Solutions
Babson Capital
Lender
135Term Loan B/Revolver
2016/02/15CapFlow Funding Group
Provider/Commercial Finance
AloStar
Lender
10Revolver
2016/02/09Carriage Services
Provider/Death Care Services
BofA
Admin Agent
150Revolver
Facility downsized from $200MM
2016/03/14Castle Biosciences
Provider/Molecular Diagnostics
Silicon Valley
Lender
14Term Loan/Revolver
Facility upsized from $6MM
2016/01/07Charles River Laboratories
Provider/Laboratory Services
J.P. Morgan Securities
Lender
350Term Loan
Supports acquisition of WIL Research
2016/02/26Cheniere Energy Partners
Developer/Natural Gas
BoA, JPMorgan Chase, Others
Arrangers
2800$2.1B Tranche/$450MM Term Loan/$240MM Revolver
2016/01/25Cheniere Energy Partners
Operator/Gas Pipelines
BofA, JPM, Morgan Stanley, Others
Arrangers/Participants
2800Revolver/Term Loan
2016/03/08Clayton Williams Energy
Producer/Oil & Natural Gas
Ares Management
Lender
350Term Loan
2016/02/24Comfort Systems USA
Provider/Mechanical Services
Wells Fargo
Admin Agent
325Term Loan
Facility upsized from $250MM
2016/01/04CONMED
Provider/Surgical Devices
JPMorgan Chase
Admin Agent
700$525MM Revolver/$175MM Term Loan
Supports acquisition of SurgiQuest
2016/01/19Consolidated Lumber
Retailer/Construction Materials
U.S. Bank
Lender
15ABL Revolver
2016/01/12Core-Mark Holding Company
Marketer/Retail Supply Solutions
JPMorgan Chase
Admin Agent
300Revolver
Facility upsized from $200MM
2016/03/28CPI Aerostructures
Manufacturer/Structural Assemblies
Citizens, Bankunited
Lenders
40Revolver
Replaced previous $35MM facility
2016/01/07Cray
Manufacturer/Data Storage & Analytic Systems
Wells Fargo
Lender
50Revolver
Facility upsized from $10MM
2016/03/29Destination Maternity
Retailer/Maternity Apparel
Wells Fargo
Admin Agent
32Term Loan
2016/01/21Digital Realty Trust
Provider/Data Center Solutions
Citibank
Admin Agent
3500$2B Revolver/$1.55B Term Loan
Supports refi
2016/01/22Drexel Metals
Supplier/Metal Roofing Equipment
FirstMerit
Lender
6.5Revolver
2016/03/28Drybar Holdings
Provider/Salon Services
Morgan Stanley
Admin Agent
40.9Revolver
2016/01/08Equinix
Provider/Data Centers
BofA
Admin Agent
682Term Loan
2016/03/10EVINE Live
Retailer/Private Label Products
Great American Capital Partners
Lender
17Term Loan
2016/01/27Federal Signal
Provider/Safety Solutions
Wells Fargo
Admin Agent
325Revolver
Jt lead arrangers: Wells Fargo Securities, J.P.Morgan Securities
2016/03/07FinTech Acquisition
Online Lender
BMO Harris, Babson Capital
Arrangers
140Term Loan
2016/02/11First Majestic Silver
Producer/Silver
ScotiaBank, Investec Bank PLC
Lenders
60$35MM Term Loan, $25MM Revolver
Replaces existing facility
2016/03/15Flexiti Financial
Provider/POS Consumer Financing
Liquid Capital
Lender
25ABL Revolver
2016/01/06Fusion Academy & Learning
Alternative Private School
CapX
Lender
15Term Loan
2016/01/19Gemstone Foods
Provider/Poultry Processing Services
MB Business Capital
Lender
10Revolver
Supports refi
2016/03/31GoPro
Manufacturer/Mobile Cameras
JPMorgan Chase
Admin Agent
250ABL Revolver
2016/01/25Gump's
Retailer/Home Furnishings
NewStar Business Credit
Lender
15Credit Facilities
2016/01/18H2O Overgroup
Provider/Communications Management Solutions
SaaS Capital
Lender
2.5Revolver
2016/03/15Halcon Resources
Producer/Oil & Natural Gas
JPMorgan Chase
Admin Agent
700Revolver
2016/03/11Harte Hanks
Provider/Marketing Services
Wells Fargo
Lender
110$65MM Revolver/$45MM Term Loan
2016/01/06Hooker Furniture
Retailer/Home Furniture
BofA
Lender
90Revolver
Supports acquisition of Home Meridian International
2016/01/04I.D. Systems
Developer/Wireless Solutions
Siena Lending Group
Lender
7.5Revolver
2016/03/28Iconix Brand Group
Provider/Brand Licenses
Cortland Capital Market Services
Admin Agent
300Term Loan
2016/03/07Iconix Brand Group
Provider/Brand Licenses
Fortress Investment Group
Lender
300Term Loan
2016/03/21Intersections
Provider/Identity Protection Services
Crystal Financial
Lender
20Term Loan
2016/03/07ITG Communications
Provider/Project Management Services
Siena Lending Group
Lender
6.7$5MM ABL Revolver/$1.7MM Term Loan
Supports refi
2016/01/27Ixia
Provider/Security Solutions
Silicon Valley Bank
Admin Agent
150Revolver
Facility upsized from $75MM
2016/02/11J.T. Shannon Lumber Company
Manufacturer/Lumber
MB Business Capital
Lender
21Revolver
2016/03/03JAB Holding
Private Equity Firm
JPMorgan Chase
Admin Agent
6400Term Loan/Revolver
Supports acquisition of Keurig
2016/02/26Jenne
Distributor/IP Telephony
Citizens
Lender
65Revolver
2016/03/22John Bean Technologies
Provider/Technology Solutions
Wells Fargo
Admin Agent
600Revolver
Facility upsized from $450MM
2016/03/15Kalibrate Technologies
Provider/Technology Services
PNC
Lender
5Revolver
2016/02/17KAR Auction Services
Provider/Used Cars
JPMorgan Chase
Admin Agent
550$250MM Revolver/$300MM Accordion
Exercised accordion feature
2016/01/06Lake County Press
Producer/Printed Products
MB Business Capital
Lender
12.5Revolver
2016/01/04Live Media Group
Provider/Live Media Streaming
Citizens Bank
Lender
11Revolver
2016/02/01LKQ Corporation
Provider/Specialty Auto Parts
Wells Fargo
Admin Agent
3200$2.45B Revolver/$500MM Term Loan
Facility upsized from $2.3B
2016/01/25Love & Quiches Gourmet
Retailer/Gourmet Foods
NewStar Business Credit
Lender
6Credit Facilities
2016/01/19MabVax Therapeutics Holdings
Developer/Antibody-based Products
Oxford Finance
Lender
10Revolver
2016/03/09Mangrove Equity Partners
Private Equity Firm
TCF Capital
Lender
24.5Revolver
2016/02/10Mangrove Equity Partners
Private Equity Firm
TCF Capital Funding
Lender
7.1Revolver
2016/01/11Marbles: The Brain Store
Retailer/Educational Fitness Products
Siena Lending Group
Lender
10Term Loan
Supports refi
2016/02/05Mattress Firm Holding
Retailer/Mattresses
Barclays, J.P. Morgan Securities, Others
Arrangers
865Revolver
2016/01/25Mealey's
Retailer/Home Furnishings
NewStar Business Credit
Lender
7Credit Facilities
2016/01/25Micronics Engineered Filtration
Manufacturer/Filtration Products
NewStar Business Credit
Lender
5Credit Facilities
2016/02/11Millard Lumber
Distributor/Lumber
Gibraltar Business Capital
Lender
12Revolver
2016/02/09Monro Muffler Brake
Provider/Auto Repair Services
Citizens
Admin Agent
600Revolver
2016/01/14MusclePharm
Provider/Sports Nutrition Products
Prestige Capital
Lender
10Revolver
2016/03/31NCR
Manufacturer/Computer Hardware
JPMorgan Chase
Admin Agent
2000$1.1B Revolver/$900MM Term Loan
2016/02/10Nelson Miller
Supplier/User Interface Solutions
Marquette Business Credit
Lender
8.2Revolver/Term Loan
2016/01/06Noble Energy
Producer/Oil & Natural Gas
Citibank
Admin Agent
1400Term Loan
2016/01/06NOMi
Provider/Analytic Solutions
Horizon Technology Finance
Lead Arranger
15Revolver
2016/03/11NTE Energy
Provider/Energy Services
MUFG, ING
Arrangers
387Revolver
2016/03/29Numerex
Provider/Enterprise Solutions
Crystal Financial
Lender
17Term Loan
2016/01/06Omeros Corporation
Developer/Biopharmaceuticals
Oxford Finance, East West Bank
Lenders
70$50MM Term Loan/$20MM Tranches
2016/01/05Omnicell
Provider/Automated Healthcare Solutions
Wells Fargo
Admin Agent
400$200MM Revolver/$200MM Term Loan
Supports acquisition of Aesynt
2016/01/25Otelco
Provider/Telecom Services
Cerberus Business Finance
Lender
105$85MM Term Loan/$5MM Revolver
NewSpring provided $15MM subdebt
2016/02/17Otelco
Provider/Wireline Telecom Service
Cerberus Business Finance
Admin Agent
105$100MM Term Loan/$5MM Revolver
2016/01/19Park Electrochemical
Manufacturer/Circuit Materials
HSBC
Lender
75Revolver
2016/03/08Patrick Lumber
Manufacturer/Lumber
US Bank
Lender
20ABL Revolver
2016/01/20PlayMaker CRM
Provider/Health Services Products
Square 1
Lender
3Revolver
2016/01/21Popeyes Louisiana Kitchen
Operator/Restaurants
Wells Fargo
Admin Agent
250Revolver
2016/01/26Prime Healthcare
Provider/National Healthcare
Wells Fargo, Barclays
Jt Lead Arrangers
700$400MM Revolver/$200MM Term Loan
$100MM accordion
2016/03/31Promise Healthcare Group
Operator/LTC Hospitals
WFCF
Admin Agent
75ABL Revolver
2016/01/25PSKW
Provider/Pharmaceutical Marketing Services
NewStar Business Credit
Lender
30Credit Facilities
2016/01/20Puppet Labs
Provider/IT Automation Software
Silicon Valley Bank
Lender
22Revolver
2016/02/26RealPage
Provider/On-Demand Software
Wells Fargo
Admin Agent
325Revolver
Facility upsized w/ $125MM accordion
2016/03/18REG Energy Services
Provider/Renewable Energy
Bankers Trust
Lender
30Revolver
Facility includes additional $10MM accordion
2016/01/04ReWalk Robotics
Developer/Medical Devices
Kreos Capital V Limited
Lender
20Initial $12MM drawn; $8MM tranches @ $2MM ea
2016/02/25Robbins
Supplier/Flooring Systems
Capital Business Credit
Lender
13ABL Revolver/Term Loan
2016/01/17ROSCOM
Manufacturer/PVC Pellets
NewStar Business Credit
Lender
8Revolver
2016/01/25SABG
Distributor/Socks
NewStar Business Credit
Lender
24Credit Facilities
2016/01/16SheKnows Media
Provider/Women's Media
Ally Corporate Finance
Lender
22Revolver
2016/03/29Skydance
Producer/Diversified Media
JPMorgan Chase
Admin Agent
700Revolver
2016/01/25SolarCity
Provider/Solar Systems
BofA Merrill Lynch
Lead Arranger
160Term Loan
Jt lead arrangers: KeyBank, Silicon Valley
2016/03/31SolarCity
Provider/Solar Power Systems
Credit Suisse
Admin Agent
150Revolver
2016/01/25SolomonEdwards
Provider/Professional Services Resources
NewStar Business Credit
Lender
13Credit Facilities
2016/02/24Somero Enterprises
Manufacturer/Laser-guided Machinery
Citizens
Lender
10Revolver
Facility upsized from $5MM
2016/02/08Spark Networks
Provider/Online Dating Communities
Bridge Bank
Lender
10Revolver
2016/03/31Spectra7
Provider/Consumer Connectivity
Midcap Financial
Lender
6.5Term Loan
2016/01/18SpineFrontier
Developer/Spine Surgery Products
MidCap Business Credit
Lender
6ABL Revolver
2016/03/25Spokane Industries
Manufacturer/Investment Castings
Hana Financial
Lender
6ABL Revolver
2016/01/05Stephens Capital Partners
Private Equity Firm
NXT Capital
Admin Agent
70Revolver
2016/03/10Stone Energy
Producer/Oil & Natural Gas
BofA
Admin Agent
385Revolver
2016/03/03Suburban Propane Partners
Retailer/Propane & Fuel Oil
BofA Merrill Lynch
Admin Agent
500Revolver
Facility upsized from $400MM
2016/02/11SunOpta
Producer/Specialty Foods
BofA, JPMorgan Chase, Wells Fargo
Lead Arrangers
350ABL Revolver
2016/03/07Superior Biologics
Provider/Specialty Pharmaceuticals
CIT Healthcare Finance
Admin Agent
50Revolver
2016/01/26Surgical Specialties
Provider/Medical Devices
BofA
Admin Agent
147Revolver
Jt lead arrangers: Citizens, Capital One
2016/01/04T5 @ Kings Mountain VII
Operator/Data Centers
CIT Group
Admin Agent
68.5Revolver
2016/01/04Tallgrass Energy Partners
Developer/Midstream Energy Assets
Barclays
Admin Agent
484Revolver
Increased Current $1.1B facility to $1.5B
2016/01/12Tandem Diabetes Care
Provider/Medical Devices
CRG
Lender
80Term Loan
Facility upsized from $30MM
2016/02/01Taseko Mines
Operator/North American Mines
Red Kite Mine Finance
Lender
70Revolver
2016/02/16TeleTech Holdings
Provider/Growth Solutions
Wells Fargo, BofA Merrill Lynch, Others
Lead Arrangers
900Revolver
Includes accodion up to $1.2B
2016/01/04The Female Health Company
Manufacturer/FC2
BMO Harris
Lender
10Revolver
2016/01/13The Tuna Store
Distributor/Tuna
Santander Bank
Lender
25Revolver
2016/01/26Transcom
Private Equity Firm
LBC Credit Partners
Lender
12.5Term Loan
Supports acquisition of HealthCo
2016/03/03Tredegar
Manufacturer/Plastic Films
JPMorgan Chase
Admin Agent
400Revolver
Facility includes additional $50MM accordion
2016/02/09U.S. Auto Parts
Provider/Aftermarket Auto Parts
Chase Commercial Banking
Lender
30Revolver
Facility upsized from $25MM
2016/03/28Veracyte
Provider/Molecular Cytology
Visium Healthcare Partners
Lender
45Term Loan
2016/03/09Vericel
Developer/Cellular Therapies
Silicon Valley
Lender
15Term Loan/Revolver
2016/02/01Veritas Auto Finance
Provider/Auto Loans
Credit Suisse
Lender
92.5Revolver
2016/02/16Volkswagen Credit
Provider/Financial Services
J.P. Morgan
Admin Agent
9000Revolver
2016/03/09Web.com Group
Provider/Internet Services
JPMorgan Chase
Admin Agent
540$390MM Term Loan/$150MM Revolver
Supports acquisition of Yodle
2016/03/15Wheels Financial Group
Provider/Title Loans
Victory Park Capital
Lender
100Revolver
2016/03/18WPX Energy
Producer/Oil
Citibank
Admin Agent
1200Revolver
2016/01/19Xenith
Supplier/NFL Helmets
Siena Lending Group
Lender
9ABL Revolver
2016/01/15Zayo Group Holdings
Provider/Communications Services
Morgan Stanley Senior Funding
Lead Arranger
400Term Loan