Notable ABL Transactions
Data gathered from direct sources, news releases and other public information — covers 01/01/17 through 03/31/17.

DATEBORROWER/INDUSTRYLENDER/ROLEAMOUNTSTRUCTURE/NOTES
2017/03/15Alaska Communications Systems Holdings
Provider/Telecommunications
ING Capital
Admin Agent
195Term Loan/Revolver
2017/03/07Arch Coal
Producer/Coal
Credit Suisse
Admin Agent
300Term Loan
Facility upsized from $250MM
2017/03/30Archrock Partners
Provider/Natural Gas Services
JPMorgan Chase
Admin Agent
1100ABL Revolver
2017/01/18Argonaut Manufacturing Services
Provider/Contract Manufacturing
Square 1
Lender
5Revolver
2017/02/28AstroNova
Provider/Data Visualization Technology
Bank of America
Lender
19.2$10MM Revolver/$9.2MM Term Loan
2017/02/28Atrion
Provider/IT Services
Wells Fargo
Lender
75Revolver
2017/03/27Axis Auto Finance
Provider/Auto Finance Solutions
Royal Capital Management
Lender
40Revolver
2017/03/24AZZ
Provider/Galvanizing Services
BofA
Admin Agent
450Revolver
2017/01/27Bechtel
Provider/Engineering Management
GE Capital Energy Financial
Admin Agent
1000Revolver
2017/01/03Blonder Tongue Laboratories
Provider/System Operators
Sterling National
Lender
8.55MM ABL Revolver/$3.5MM Term Loan
2017/02/17Blue Nile
Retailer/Jewelry
Goldman Sachs
Admin Agent
185Term Loan
2017/03/06Blue Wolf Capital Partners
Private Equity Firm
CIT Healthcare Finance
Jt Lead Arranger
275.3Revolver
2017/01/05Boart Longyear
Provider/Mineral Exploration
Centerbridge Partners
Lender
20MMRevolver
2017/02/21Bonamar
Distributor/Seafood Products
Santander Bank
Lender
30ABL Revolver
2017/02/02Bristow U.S.
Provider/Industrial Aviation Services
Macquarie Bank
Admin Agent
200Term Loan
2017/01/31Carbonite
Provider/Data Protection Solutions
Silicon Valley
Lender
39.2Revolver
2017/03/31Carpenter Technology
Producer/Specialty Alloys
BofA, JPMorgan Chase
Lead Arrangers
400Revolver
2017/01/31Chewy
Retailer/Online Pet Products
WFCF
Lead Arranger
90Revolver
2017/01/16Clearview Capital
Private Equity Firm
TCF Capital
Admin Agent
28.3Revolver
Supports refi
2017/01/20Cogint
Provider/Data & Analytics
Whitehorse Finance
Admin Agent
15Term Loan
2017/03/16Conagra Brands
Manufacturer/Food Products
BofA
Admin Agent
1250Revolver
Supports acquisition of Thanasi Foods
2017/01/09Conifex Timber
Manufacturer/Lumber Products
WFCF Canada
Lead Arranger
130Revolver
2017/01/03CXM
Manufacturer/Engineered Copper
Presidential Financial
Lender
6.5Term Loan
2017/01/24David Webb
Retailer/Premium Jewelry
Citizens Commercial Banking
Admin Agent
20ABL Revolver
2017/01/06Deluxe Financial Services
Provider/Check Printing Services
JPMorgan Chase
Admin Agent
330Term Loan
Facility upsized by $130MM
2017/01/05Dex Media
Provider/Business & Marketing Solutions
Wells Fargo, PNC
Lenders
150Revolver
2017/01/31Eagle Pharmaceuticals
Manufacturer/Pharmaceuticals
JPMorgan Chase
Admin Agent
50Revolver
2017/01/09Endotronix
Provider/Digital Health Solutions
Silicon Valley
Lender
12Term Loan
2017/02/03Energy Transfer Equity
Operator/Natural Gas Pipelines
Credit Suisse
Admin Agent
2200Term Loan
2017/03/20FactSet
Provider/Financial Research Solutions
PNC Bank
Admin Agent
575Revolver
Supports acquisition of BISAM Technologies
2017/01/31Garber Bros.
Distributor/Grocery Products
Citizens Commercial
Lender
20ABL Revolver
2017/01/11Gibraltar Capital Advance
Provider/Cash Advances
Crystal Financial
Lender
26Revolver
2017/01/06Global Eagle Entertainment
Provider/Satellite-Based Connectivity
Citibank
Admin Agent
585$500MM Term Loan/$85MM Revolver
Supports refi
2017/02/09Gray Television
Provider/News & Entertainment
Wells Fargo
Admin Agent
665$565MM Term Loan/$100MM Revolver
2017/01/06Great Lakes Dredge & Dock
Provider/Dredging Services
PNC Bank
Admin Agent
250Revolver
2017/01/04GSE Systems
Provider/Engineering Solutions
Citizens
Lender
5Revolver
2017/01/09GTT Communications
Provider/Network Connectivity Solutions
KeyBank
Admin Agent
775$700MM Term Loan/$75MM Revolver
Supports acquisition of Hibernia
2017/02/14Hawaiian Telcom Communications
Provider/Telecommunications
CoBank
Admin Agent
330Revolver/Term Loan
2017/02/15Herbalife
Provider/Nutrition Products
Credit Suisse, Rabobank
Admin Agent
1450$1.3B Term Loan/$150MM Revolver
2017/02/13Identiv
Provider/Physical Security
East West Bank, WTI
Lenders
20$10MM ABL Revolver (EWB)/$10MM Term Loan (WTI)
2017/03/03Innovative Flexpak
Provider/Packaging Services
MB Business Capital
Lender
13.4Revolver
2017/03/14Invuity
Provider/Medical Technology
MidCap Financial
Lender
30Term Loan
2017/02/15Kinderhook Industries
Private Investment Firm
Antares Capital
Admin Agent
115Revolver
Supports acquisition of Performance Motorsports International
2017/02/17Koppers
Producer/Carbon Compounds
PNC Bank
Admin Agent
400Revolver
2017/01/10Land Supply
Manufacturer/Metal Structures
MB Business Capital
Lender
8Revolver
2017/03/10Lantheus Holdings
Provider/Medical Imaging Solutions
JPMorgan Chase
Admin Agent
550$275MM Term Loan/$75MM Revolver
2017/01/05LightPath Technologies
Manufacturer/Optical & Infrared Components
Avidbank Specialty Finance
Lender
5Term Loan
2017/01/10Magellan Health
Provider/Behavioral Health Services
Bank of Tokyo, Others
Syndication Agent
200Term Loan
Syndicate: Citigroup, Compass, JPMorgan, Suntrust, Wells Fargo
2017/03/01Metal Partners
Distributor/Steel Products
BMO Harris
Lender
57ABL Revolver
2017/01/09Mill City Capital
Private Equity Firm
Abacus Finance Group
Admin Agent
14.5Revolver
Supports acquisition of Behrens Manufacturing
2017/03/09Mitel
Provider/Enterprise Communications
Citizens Bank
Admin Agent
500$350MM Revolver/$150MM Term Loan
2017/03/28Navigant Consulting
Provider/Business management Consulting
BofA
Admin Agent
400Revolver
2017/01/30NEJ
Provider/Inventory Solutions
Citizens Commercial
Lender
30ABL Revolver
2017/01/16North Shore Healthcare
Operator/Nursing Facilities
Alpine Capital
Admin Agent
5ABL Revolver
2017/01/10Novelis
Producer/Rolled Aluminum Products
Standard Charter Bank
Admin Agent
1800Term Loan
Supports refi
2017/03/08Nyack Hospital
Operator/Acute Medical Care Facility
Gemino Healthcare Finance
Lender
20ABL Revolver
2017/03/22OnDeck
Provider/Online Lending
Deutsche Bank
Lender
214ABL Revolver
Facility upsized by $52MM
2017/02/08Peabody Energy
Producer/Coal
JPM, Goldman, Credit Suisse
Jt Lead Arrangers
950Term Loan
Facility upsized from $500MM
2017/01/19Penn National Gaming
Operator/Gaming & Racing Facilities
Bank of America
Admin Agent
1500$800MM Term Loan/$700MM Revolver
2017/02/14PM Plastics
Provider/Plastic Injection Moldings
North Mill Capital
Lender
9.5$8.5MM Revolver/$1MM Term Loan
2017/02/16Prairie Dog Pet Products
Manufacturer/Pet Treats
Presidential Financial Corp
Lender
10Term Loan
2017/02/27Quest Resource Holding
Provider/Business Management Programs
Citizens Bank
Admin Agent
22Revolver
2017/03/14Real Industry
Provider/Technology Education
BofA
Admin Agent
110ABL Revolver
2017/01/23Ronile and Bacova Guild
Manufacturer/Dyed & Processed Yarn
MidCap Business Credit
Lender
6.6ABL Revolver
2017/02/02Ruth's Hospitality Group
Operator/Fine-Dining Restaurants
Wells Fargo
Admin Agent
90Revolver
2017/02/13SandRidge Energy
Producer/Oil & Natural Gas
RBC
Admin Agent
600Revolver
2017/01/04Satori Waters
Provider/Rehabilitation Services
Alpine Capital
Admin Agent
7.2$5MM Revolver/$2.2MM Term Loan
2017/03/13Sonoco Products
Provider/Consumer Packaging
BofA
Lender
150Term Loan
Supports acquisition of Packaging Holdings
2017/03/06Spectrum Brands Holdings
Provider/Consumer Products
Deutsche Bank
Admin Agent
700Revolver
Facility upsized from $500MM
2017/02/06Sprint Communications
Provider/Telecommunications
JPMorgan Chase
Admin Agent
6000$4B Term Loan/$2B Revolver
Replaces existing revolver
2017/01/03Summit Park
Private Equity Firm
NXT Capital
Admin Agent
35Revolver
Supports acquisition of Arkive Information Management
2017/03/15SunLink
Provider/Solar Power Engineering
Heritage Bank of Commerce
Lender
10Revolver
2017/02/24Superior Uniform Group
Manufacturer/Uniforms
BB&T
Lender
95$42MM Term Loan/$35MM Revolver
2017/01/05T2 Biosystems
Developer/Diagnostic Products
CRG
Lender
50Term Loan/Revolver
2017/03/15Taylor Metal
Manufacturer/Metal Roofing
MB Business Capital
Lender
9.5Revolver
2017/02/02Terex
Manufacturer/Material Processing Products
Credit Suisse
Admin Agent
850$450MM Revolver/$400MM Term Loan
2017/01/19T-Mobile USA
Provider/Telecommunications
Deutsche Telekom
Admin Agent
4000Term Loan
2017/03/10Tower International
Producer/Structural Components
JPMorgan Chase
Admin Agent
200Revolver
2017/01/19Trans World Entertainment
Retailer/Entertainment Merchandise
WFCF
Lead Arranger
75Revolver
2017/02/01TRC Companies
Provider/Integrated Services
Citizens Bank
Lead Arranger
250Revolver
2017/03/14Trinity Acquisition
Provider/Insurance Brokerage Services
Barclays Bank
Admin Agent
1250Revolver
2017/03/28Tri-State Iron & Metal
Provider/Metal Recycling
MB Business Capital
Lender
15.5Revolver
2017/02/17Turning Point Brands
Provider/Tobacco Products
Fifth Third
Admin Agent
250Revolver/Term Loan
2017/03/28United Airlines
Provider/Airline Services
JPMorgan Chase
Admin Agent
3500$2B Revolver/$1.5B Term Loan
2017/01/20Univar
Distributor/Specialty Chemicals
Bank of America
Lender
2200Term Loan
2017/03/15Unum Therapeutics
Developer/Biopharmaceuticals
Square 1
Lender
15Revolver
2017/02/08Vertex Energy
Manufacturer/Hydrocarbon Products
Encina Business Credit
Lender
30Revolver/Term Loan
2017/02/22W.P. Carey
Provider/Financial Solutions
BofA
Admin Agent
1796$1.5B Revolver/$296MM Term Loan
2017/02/02Walgreens Boots Alliance
Operator/Pharmaceutical Companies
JPMorgan Chase
Admin Agent
1000Revolver
2017/01/23Willdan Group
Provider/Consulting Services
BMO Harris
Admin Agent
35Revolver
2017/02/21Wireless Telecom Group
Manufacturer/RF Products
Bank of America
Lender
9.7$9MM Revolver/$760K Term Loan
Supports acquisition of CommAgility
2017/03/07Wood-Mode
Manufacturer/Custom Cabinets
MidCap Financial
Lender
13.5Revolver
2017/02/14Yes To
Developer/Natural Beauty Products
Avidbank Specialty Finance
Lender
8ABL Revolver