Notable ABL Transactions
Data gathered from direct sources, news releases and other public information — covers 04/01/16 through 06/30/16.

DATEBORROWER/INDUSTRYLENDER/ROLEAMOUNTSTRUCTURE/NOTES
2016/06/26A.P. Plasman
Manufacturer/Exterior Trim Products
Franklin Square Capital Partners
Lender
50Unitranche
Supports acquisition of Plastal Industri
2016/06/02Acorda Therapeutics
Developer/Neurological Therapies
JPMorgan Chase
Admin Agent
60Revolver
2016/05/24Addus HomeCare
Provider/Personal Home Care
Fifth Third
Admin Agent
100Revolver
Facility upsized from $75MM
2016/06/17Aerojet Rocketdyne Holdings
Manufacturer/Technology Products
BofA
Admin Agent
350Revolver
2016/06/01Air Transport Service Group
Provider/Aircraft Leasing
SunTrust
Arranger
450Revolver
Facility upsized from $350MM
2016/05/13Allegheny Technologies
Manufacturer/Specialty Metals
PNC
Admin Agent
100Revolver
2016/06/02Alorica
Provider/Customer Support
BofA, Others
Arrangers
1100Revolver/Term Loan
Supports acquisition of EGS
2016/04/29American Airlines
Provider/Airline Transportation
Barclays
Admin Agent
1000Term Loan
2016/05/23Ampco-Pittsburgh
Producer/Forged & Cast Rolls
PNC
Admin Agent
100ABL Revolver
2016/05/13ANI Pharmaceuticals
Manufacturer/Generic Pharmaceuticals
Citizens
Lender
30ABL Revolver
2016/04/29Argonaut Gold
Producer/Gold
BMO
Admin Agent
30Revolver
2016/04/01Armstrong World Industries
Manufacturer/Floors & Ceilings
BofA
Admin Agent
1050$850MM Term Loan/$200MM Revolver
2016/04/28ArtiCure
Provider/Medical Devices
Silicon Valley
Lender
25Term Loan
2016/06/16Automatic Data Processing
Provider/Management Solutions
JPMorgan Chase
Admin Agent
7000Revolver
2016/04/20Banc of California
Bank
Wells Fargo
Lender
75Revolver
Facility upsized from $25MM
2016/06/30Bats Global Markets
Operator/Exchange Services
BofA
Admin Agent
750$650MM Term Loan/$100MM Revolver
Supports refi
2016/05/04Bay State Milling
Manufacturer/Plant-Based Grain
Citizens Commercial Banking
Lead Arranger
240$150MM Revolver/$90MM Term Loan
2016/04/05Biery Cheese
Manufacturer/Cheese
FirstMerit Bank Business Credit
Lender
37.6Revolver/Term Loan
2016/05/10Black Box
Provider/Technology Solutions
PNC
Admin Agent
200Revolver
Supports refi
2016/05/16Blue Wolf
Private Equity Firm
Capital One
Admin Agent
65Revolver
Supports acquisition of National Home Health Care
2016/05/19Blue Wolf
Private Equity Firm
CIT Healthcare Finance
Lead Arranger
65Revolver
Supports acquisition of National Home Health Care
2016/05/31Brocade
Provider/Network Solutions
Wells Fargo, Others
Lenders
900Term Loan
Supports acquisition of Ruckus Wireless
2016/05/23Cambrex Corporation
Provider/Life Science Products
Wells Fargo, JPMorgan Chase
Lead Arrangers
500Revolver
Replaces existing facility
2016/05/06Cascades
Manufacturer/Green Packaging
Wells Fargo, BOA, M&T
Arrangers
245$195MM Term Loan/$50MM Revolver
2016/06/22Chefs' Warehouse
Distributor/Specialty Foods
JPMorgan Chase
Admin Agent
430$355MM Term Loan/$75MM ABL Revolver
Jt arranger: Jefferies Finance
2016/04/21Compass Minerals
Provider/Minerals
JPMorgan Chase
Admin Agent
700$400MM Term Loan/$300MM Revolver
2016/04/04Computer Sciences Corporation
Provider/IT Services
BoA
Admin Agent
150Revolver
2016/05/17Concordance Healthcare Solutions
Distributor/Regional Healthcare
PNC
Admin Agent
200ABL Revolver
2016/04/19Corporate Capital Trust
BDC
JPMorgan Chase
Admin Agent
893Revolver
Facility upsized from $710MM
2016/05/25CSI Compressco
Provider/Compression Services
BofA
Admin Agent
340Revolver
Facility downsized from $400MM
2016/05/23CTS Corporation
Manufacturer/Electric Components
BMO Harris
Admin Agent
300Revolver
2016/06/30CytoSorbents
Provider/Critical Care Immunotherapy
Bridge Bank
Lender
10Term Loan
Supports debt financing
2016/06/09Dana Holding
Supplier/Powertrain Components
Citibank
Admin Agent
500Revolver
2016/04/19Denbury Resources
Provider/Oil & Natural Gas
JPMorgan Chase
Admin Agent
1050Revolver
Facility downsized from $1.50B
2016/04/14DigitalOcean
Cloud Computing Platform
KeyBanc Capital Markets
Admin Agent
130Revolver
2016/04/28Drew Industries
Supplier/RV Components
JPMorgan Chase
Admin Agent
200Revolver
Facility replaces existing $100MM facility
2016/05/24Dycom Industries
Provider/Contracting Services
BofA
Admin Agent
350Term Loan
Facility upsized from $150MM
2016/06/30EarthLink Holdings
Provider/Network Services
Regions Bank
Admin Agent
135Revolver
Supports refi
2016/06/20Ebix
Supplier/E-Commerce Services
Regions Bank
Admin Agent
400$275MM Revolver/$125MM Term Loan
Facility upsized from $240MM
2016/04/01Energy Services of America
Provider/Energy Services
United Bank, Summit Community Bank
Lenders
15Revolver
2016/04/21Essent Group
Holding Company
JPMorgan Chase
Admin Agent
200Revolver
2016/05/11Europa Sports Products
Distributor/Sports Nutrition
AloStar
Lender
20Revolver
2016/04/13Evolution Petroleum
Provider/Petroleum Products
MidFirst
Lender
50Revolver
2016/06/21Federal Metal
Manufacturer/Brass & Bronze
Wells Fargo Capital Finance
Lender
13ABL Revolver
2016/05/16Fora Financial
Provider/Working Capital Solutions
AloStar
Admin Agent
52.5Revolver
2016/05/16Fox Factory
Manufacturer/Ride Dynamics Products
SunTrust
Admin Agent
175$100MM Revolver/$75MM Term Loan
2016/05/24Franklin Covey
Provider/Time Management Training
JPMorgan Chase
Admin Agent
55$40MM Revolver/$15MM Term Loan
2016/04/18Fuelcell Energy
Operator/Cell Fuel Power Plants
Hercules Capital
Lender
25Term Loan
2016/06/20Gaslog
Operator/Natural Gas Carrier
Citi, Credit Suisse, Nordea
Lead Arrangers
1050Revolver
2016/04/28Genesis Energy
Provider/Energy Infrastructure
Wells Fargo
Admin Agent
1700Revolver
2016/04/07Goodyear Tire & Rubber
Manufacturer/Tires
JPMorgan Chase
Admin Agent
2000ABL Revolver
Supports refi
2016/06/14Graphic Controls
Supplier/Consumable Products
Citizens Commercial Banking
Lead Arranger
97Revolver
Supports acquisition of CEA Medical
2016/05/31Great Plains Energy
Holding Company
Goldman Sachs
Lender
8000Revolver
Supports acquisition of Westar Energy
2016/04/06Green Creative
Manufacturer/Lighting Products
MB Business Capital
Lender
15Revolver
2016/05/16Hercules Funding
Private Equity Firm
AloStar
Lender
6.5Revolver
2016/06/10Hexcel
Manufacturer/High-Performance Materials
Citizens Commercial Banking
Admin Agent
700Revolver
2016/05/31Hibernia Networks
Provider/Telecommunications Solutions
MUFG
Lender
165Revolver
2016/06/22Holt Logistics
Provider/Logistics Facility Management
Citizens Commercial Banking
Lender
17.5Revolver
2016/05/02Hooper Holmes
Provider/On-Site Health Screenings
SCM Specialty Finance
Lender
7Revolver
2016/04/04Huntsman International
Manufacturer/Chemicals
JPMorgan Chase
Admin Agent
1200$650MM Revolver/$550MM Term Loan
2016/06/30Ignyta
Provider/Precision Oncology Medicine
Silicon Valley, Oxford
Lenders
42Term Loan
2016/06/24Incipio Group
Provider/Consumer Technology
Monroe Capital, Wells Fargo
Lenders
177Revolver
Supports acquisition of Skullcandy
2016/04/14Independence Contract Drilling
Provider/Drilling Services
CIT
Admin Agent
85Revolver
2016/06/23Insight Enterprises
Provider/Global Technology
JPMorgan Chase
Admin Agent
350Revolver
2016/05/05Intacct
Provider/Cloud ERP Software
Silicon Valley
Lender
40Revolver
2016/05/03Integrated Electrical Services
Holding Company
Wells Fargo Capital Finance
Lender
70Revolver
Facility upsized from $60MM
2016/05/09Intersections
Provider/Consumer Identity Protection
Crystal Financial
Lender
20Term Loan
2016/04/15Intricon
Manufacturer/Body-Worn Devices
PrivateBank
Lender
9Term Loan
Facility upsized from $6MM
2016/04/22IOU Financial
Provider/Small Business Loans
MidCap Financial
Lender
25Revolver
Facility includes $25MM accordion
2016/06/08iStar
Provider/Commercial Investments
JPMorgan, Others
Lead Arrangers
450Term Loan
Jt arrangers: Barclays, BoA Merrill Lynch
2016/04/18Kennametal
Supplier/Industrial Technology
BofA
Admin Agent
600Revolver
Jt arrangers: PNC, JPMorgan Chase, Citizens
2016/06/09Kindred Healthcare
Provider/Healthcare Services
J.P. Morgan Securities
Lead Arranger
200Term Loan
2016/05/11Kohlberg & Co
Private Equity Firm
Antares Capital
Admin Agent
198Revolver
Supports acquisition of Interstate Hotels
2016/05/11Kohlberg & Co
Private Equity Firm
Antares Capital
Admin Agent
136Revolver
Supports acquisition of Meadows Behavioral Health
2016/06/16Korn/Ferry International
Organizational Advisory Firm
Wells Fargo
Admin Agent
400$275MM Term Loan/$125MM Revolver
2016/06/20Lannett
Manufacturer/Generic Pharmaceuticals
Morgan Stanley
Admin Agent
150Term Loan
2016/06/10Lifepoint Health
Provider/Healthcare Services
Citibank
Admin Agent
1300$700MM Term Loan/$600MM Revolver
2016/05/12LM Metals
Manufacturer/Metal Parts
GemCap
Lender
11ABL Revolver
2016/06/05LyondellBasell
Manufacturer/Polyolefin Materials
BofA
Admin Agent
2500Revolver
Facility upsized from $2B
2016/04/28Lytron
Supplier/Thermal Mgmt Solutions
Citizens Commercial Banking
Lender
15Revolver
2016/05/27Mastercraft Boat Company
Manufacturer/Sports Boats
Fifth Third
Admin Agent
80$50MM Term Loan/$30MM Revolver
2016/04/05McGrath RentCorp
Provider/Equipment Rental
BoA
Admin Agent
420Revolver
Arrangers: MUFG Union Bank, Merrill Lynch
2016/05/04McGraw-Hill Global
Provider/Education Materials
Credit Suisse
Admin Agent
1900$1.575B Term Loan/$350MM Revolver
2016/04/16Memorial Production Partners
Provider/Oil & Natural Gas
Wells Fargo
Admin Agent
925Revolver
2016/05/02Mercury Systems
Provider/Processing Subsystems
BofA
Admin Agent
300$200MM Term Loan/$100MM Revolver
2016/06/29MGM
Producer/Film & Television
J.P. Morgan
Lead Arranger
1000Revolver
2016/05/27Michaels Stores
Retailer/Arts & Crafts
Wells Fargo
Admin Agent
850Revolver
2016/04/15Mitel
Provider/Global Communications
BofA Merrill Lynch
Lender
1100Revolver
Supports acquisition of Polycom
2016/06/29Monteris Medical
Manufacturer/Neurosurgical Technology
Oxford Finance
Lender
10Term Loan
2016/05/19Motorcar Parts of America
Producer/Replacement Auto Parts
PNC
Admin Agent
120Revolver
Facility upsized from $100MM
2016/05/10MTS Systems
Supplier/Test Systems
JPMorgan, Wells Fargo, Others
Arrangers
490$390MM Term Loan/$100MM Revolver
Supports acquisition of PCB Group
2016/05/19Neon Finance Company
Provider/Financial Solutions
BofA Merrill Lynch, Others
Lead Arrangers
655Term Loan
Supports acquisition of Nexeo Solutions Holdings
2016/05/04Net Element
Provider/Payment Technology Solutions
RBL Capital
Lender
15Revolver
Replaces existing facility
2016/05/13Newpark Resources
Provider/Drilling Fluid Systems
BofA, JPMorgan, Others
Syndication Agents
90ABL Revolver
Facility replaces existing agreement
2016/06/21NICO Corporation
Manufacturer/Neurosurgery Medical Devices
Square 1
Lender
8Revolver
2016/05/10Nortek
Manufacturer/Remodeling Systems
BofA, WFCF
Lead Arrangers
325ABL Revolver
Facility upsized from $300MM, additional $125MM accordion
2016/05/09Nova Products
Distributor/Exotic Flooring
Marquette Business Credit
Lender
6Revolver
2016/04/21Nuvectra
Developer/Medical Devices
Oxford Finance, Silicon Valley Bank
Lenders
45Term Loan
2016/05/17Omeros
Provider/Biopharmaceuticals
Oxford Finance, East West
Lenders
20Revolver
2016/05/24Oxford & Tommy Bahama
Retailer/Clothing & Apparel
SunTrust
Admin Agent
325Revolver
2016/05/23Park National Corporation
Financial Holding Company
U.S. Bank
Lender
10Revolver
2016/06/22Pearl Capital Business Funding
Provider/Small Business Financing
Arena Investors
Admin Agent
20Revolver
2016/04/13People Corporation
Provider/Group Benefits
Canadian Imperial
Lender
61.2Revolver
Facility upsized to support BPA acquisition
2016/06/28Plug Power
Provider/Hydrogen & Fuel Cell Technology
Hercules Capital
Lender
40Term Loan
2016/06/29Power Solutions International
Manufacturer/Alternative-Fuel Power Systems
Wells Fargo, TPG
Lenders
135$75MM ABL Revolver/$60MM Term Loan
2016/06/14Primanti Brothers
Retailer/Casual Dining Chain
Citizens
Lender
52Revolver
2016/04/14Prologis
Owner/Distribution Facilities
BofA
Admin Agent
3000Revolver
2016/05/19Pulse Electronics
Provider/Electronic Components
Oaktree Capital
Lender
80Revolver
Supports refi of existing facility
2016/06/23QVC
Provider/Home Shopping Services
JPMorgan Chase
Admin Agent
2650Revolver
Syndication: Wells Fargo, BNP Paribas
2016/06/30RadNet
Provider/Diagnostic Imaging Services
Barclays, Capital One, Others
Lead Arrangers
602.5$485MM Term Loan/$117.5 Revolver
Supports refi
2016/05/13Ramoco Fuels
Operator/Gas Stations
Citizens
Lender
28Revolver/Term Loan
2016/06/20Regulus Therapeutics
Developer/Biopharmaceuticals
Oxford Finance
Lender
30Revolver
2016/06/16Revlon
Manufacturer/Cosmetics
BOA Merrill Lynch, Citigroup
Lenders
2600Revolver
Supports acquisition of Elizabeth Arden
2016/04/28Rotorcraft Leasing
Provider/Helicopter Transportation
Siena Lending Group
Lender
15Revolver
2016/04/27Scorpio Tankers
Provider/Seaborne Transportation
ING
Lender
132Revolver
Facility upsized from $87MM
2016/06/16Shutterfly
Provider/Online Photo Solutions
JPMorgan Chase
Admin Agent
200Revolver
2016/04/13SM Energy
Provider/Petroleum & Natural Gas
Wells Fargo
Admin Agent
1250Revolver
2016/04/12Soleo Health Facility
Provider/Infusion Therapies
Gemino Healthcare Finance
Lender
12Revolver
2016/05/17Source Capital
Private Equity Firm
Monroe Capital
Admin Agent
20.3Revolver
2016/04/06Sphere 3D
Provider/Virtual Applications
Opus Bank
Lender
20Revolver
2016/05/24Springstone
Developer/Behavioral Health Hospitals
Wells Fargo Healthcare Finance
Admin Agent
125$104MM Term Loan/$21MM Revolver
2016/05/24Spruce Financial
Provider/Consumer Financing
Investec
Arranger
120Revolver
2016/04/25Swift Energy
Provider/Oil & Natural Gas
JPMorgan Chase
Admin Agent
320Revolver
2016/05/12Symantec
Operator/Cyber Intelligence
Wells Fargo
Admin Agent
2000$1B Term Loan/$1B Revolver
2016/04/07Tempur Sealy
Provider/Bedding
JPMorgan Chase
Admin Agent
1100$600MM Term Loan/$500MM Revolver
2016/06/24Tessco Technologies
Provider/Wireless Communications
SunTrust
Admin Agent
35ABL Revolver
2016/04/11The 99 Cents Only Stores
Operator/Retail Stores
Royal Bank of Canada, Others
Lead Arrangers
160ABL Revolver
Jt lead arrangers: UBS AG, Citizens Business Capital
2016/04/12The Fishin' Company
Distributor/Frozen Seafood
Santander Bank
Admin Agent
115Revolver
2016/05/09The Trade Desk
Provider/Technology Platform
Citibank
Lender
125Revolver
2016/06/02Thoma Bravo
Private Equity Firm
Ares Capital Management
Admin Agent
1075Unitranche
Supports acquisition of Qlik Technologies
2016/05/17Twin Disc
Manufacturer/Transmission Equipment
BMO Harris
Lender
40Revolver
2016/06/09Twin-Star International
Manufacturer/Electric Fireplaces
BofA Business Capital
Lender
50Revolver
2016/04/29Unique Fabricating
Manufacturer/Plastic Components
Citizens
Syndication Agent
62$32MM Term Loan/$30MM Revolver
2016/06/30University Health System
Provider/Community Healthcare
Capital One
Lender
30Revolver
2016/04/14Varsity Healthcare Partners
Private Equity Firm
NXT Capital
Admin Agent
61Revolver
2016/05/25Versa Media
Provider/Production Loan Financing
Crayhill Capital Management
Lender
100Revolver
2016/06/21Vertical Bridge
Provider/Wireless Communications
TD Securities
Lead Arranger
400Term Loan
Jt arrangers: Barclays, CIT, Deutsche Bank, JPMorgan, SunTrust
2016/06/20Verve
Provider/Mobile Marketing
Silicon Valley
Lender
30Revolver
2016/05/24VisStat
Provider/In-Flight Internet Services
Union Bank
Admin Agent
800Revolver
Facility upsized from $500MM
2016/04/04Vista Outdoor
Manufacturer/Outdoor Recreation Products
BofA
Admin Agent
1040$640MM Term Loan/$400MM Revolver
Supports acquisition of BRG Sports
2016/06/20Viveve Medical
Manufacturer/Medical Devices
Bridge Bank
Lender
10Term Loan
2016/06/06Vonage Holdings
Provider/Communication Services
JPMorgan Chase
Admin Agent
450$325MM Revolver/$125MM Term Loan
Supports acquisition of Nexmo
2016/04/28VOXX International
Retailer/Consumer Electronics
Wells Fargo
Lead Arranger
155Revolver
2016/06/23Wabtec
Provider/Technology-Based Products
PNC
Admin Agent
1600$1.2B Revolver/$400MM Term Loan
2016/06/01Waste Connections
Provider/Waste Collection
BofA
Admin Agent
3200Revolver/Term Loan
2016/04/29Western Digital
Manufacturer/Storage Solutions
JPMorgan Chase
Admin Agent
9875Revolver
Supports acquisition of SanDisk
2016/06/17Wincove Private Holdings
Investment Holding Company
TCF Capital Funding
Lender
12.75Revolver
Supports acquisition of Bluff
2016/06/30Wingstop
Operator/Restaurant Chain
Wells Fargo, Citizens
Lead Arrangers
180$110MM Revolver/$70MM Term Loan
2016/06/21WM Coffman Resources
Manufacturer/Residential Stair Parts
MB Business Capital
Lender
8Revolver
2016/05/26Xtrant Medical
Manufacturer/Orthopedic Products
Silicon Valley
Lender
6Revolver
2016/06/28YRC Worldwide
Provider/Transportation Services
Citizens Commercial Banking
Admin Agent
450ABL Revolver