Notable ABL Transactions
Data gathered from direct sources, news releases and other public information — covers 1/01/18 through 3/31/18.

DATEBORROWER/INDUSTRYLENDER/ROLEAMOUNTSTRUCTURE/NOTES
2018/01/162nd Ave
Retailer/Thrift Clothing
Citizens Bank
Lender
32ABL Revolver
Supports recap
2018/02/23Alexco
Provider/Environmental Services
Sprott Private Resource Lending
Lender
15Term Loan
2018/02/19Align Technology
Manufacturer/3D Digital Scanners
Wells Fargo
Admin Agent
200Revolver
2018/02/02AMN Healthcare Services
Provider/Healthcare Staffing
SunTrust
Admin Agent
400Revolver
Jt lead arrangers; SunTrust Robinson Humphrey, NOA Merrill Lynch, JPMorgan Chase
2018/03/28Arkos Field Services
Provider/Aftermarket Energy Services
CIT Northbridge
Lead Arranger
20Revolver/Term Loan
Supports future growth opportunities
2018/03/02Ashford
Provider/Investment Management Services
BofA
Admin Agent
35Revolver
2018/01/02ASV Holdings
Provider/Compact Construction Equipment
PNC Bank
Admin Agent
50$35MM Revolver/$15MM Term Loan
Replaces previous facility
2018/01/17Baylin Technologies
Provider/Wireless Antenna Solutions
Crown Capital Partners
Lender
33Term Loan
2018/02/09CCA Industries
Manufacturer/Health & Beauty Aids
PNC Bank
Lender
6$4.5MM Revolver/$1.5MM Term Loan
Used to pay existing debt
2018/01/22Christensen Arms
Manufacturer/Lightweight Firearms
Siena Lending Group
Lender
5.2ABL Revolver
2018/03/07CNX Midstream Partners
Developer/Midstream Energy Assets
PNC Bank
Admin Agent
600Revolver
Includes additional $100MM accordion
2018/01/15Conner Industries
Provider/Industrial Wood Products
Ares Commercial Finance
Lender
21$18MM Revolver/$3MM Term Loan
Supports refi
2018/01/18Conner Industries
Provider/Integrated Packaging Solutions
Ares Commercial Finance
Lender
21$18MM Revolver/$3MM Term Loan
Supports refi
2018/01/16CSC Holdings
Private Holding Company
JPMorgan Chase
Admin Agent
1500Term Loan
Subsidiary of Altice USA
2018/03/06CSG Systems
Provider/Business Support Solutions
BofA
Admin Agent
350$200MM Revolver/$150MM Term Loan
Jt lead arrangers; Merrill Lynch, Wells Fargo Securities
2018/02/20Diversified Gas & Oil
Operator/Oil & Gas Producing Assets
KeyBank
Lender
500Revolver
Supports acquisition of Alliance Petroleum
2018/02/27Ebix
Provider/E-Commerce Services
Regions Bank
Admin Agent
650$400MM Revolver/$250MM Term Loan
Facility upsized from $450MM
2018/01/29Edison International
Public Utility Holding Company
Citibank
Admin Agent
500Term Loan
Jt lead arrangers; Citibank, Mizuho, U.S. Bank, TD Bank, Wells Fargo
2018/02/22FTS International
Provider/Hydraulic Fracturing Services
Wells Fargo
Admin Agent
250ABL Revolver
2018/02/13Fusion
Provider/Cloud Services
Morgan Stanley, GS, MUFG
Jt Lead Arrangers
570Term Loan
Supports acquisition of Birch Communications
2018/01/31Genesco
Manufacturer/Hats
BofA
Admin Agent
400Revolver
Jt lead arrangers; BofA, US Bank, SunTrust Robinson Humphrey
2018/03/07Global Restoration Holdings
Provider/Disaster Restoration
Breakwater Management
Lender
60Term Loan/ABL Revolver
Supports refi
2018/01/02Graham Partners
Private Investment Firm
NXT Capital
Admin Agent
38Revolver
Supports acquisition of OptConnect
2018/03/06Hanger
Provider/Patient Care Services
BofA
Admin Agent
605$505MM Term Loan/$100MM Revolver
Jt lead arrangers; BofA Merrill Lynch, Wells Fargo Securities, SunTrust Robinson Humphrey
2018/01/31Harvard Bioscience
Manufacturer/Life Science Solutions
Cerberus Business Finance
Admin Agent
89$64MM Term Loan/$25MM Revolver
Supports acquisition of Data Sciences International
2018/01/16Harvest Small Business Finance
Provider/SBA Lending
Capital One
Lender
60Revolver
2018/02/15Ichor Holdings
Manufacturer/Fluid Delivery Subsystems
BofA
Admin Agent
300$175MM Term Loan/$125MM Revolver
Jt lead arrangers; Merrill Lynch, SunTrust Robinson Humphrey
2018/03/27Iron Mountain
Provider/Storage & Information Management Services
JPMorgan Chase
Admin Agent
700Term Loan
Jt lead arrangers; JPMorgan Chase, Barclays
2018/02/20LCI Industries
Supplier/RV Components
JPMorgan Chase
Admin Agent
325Revolver
Facility upsized from $200MM
2018/01/17LMC Industries
Manufacturer/Molded Parts
North Mill Capital
Lender
11.2ABL Revolver
2018/01/03Macquarie Infrastructure Corp
Provider/Customer Services
JPMorgan Chase
Admin Agent
600Revolver
Supports refi
2018/02/26Major Metals Company
Distributor/Steel & Steel Tube
Huntington Business Credit
Lender
10.54Revolver/Term Loan
Supports refi
2018/03/29Mattel
Manufacturer/Childrens Products
BofA
Admin Agent
1600Revolver
2018/01/04Micron Products
Manufacturer/Medical Device Technologies
Rockland Trust Company
Lender
9.5ABL Revolver
Replaces previous facility
2018/01/08Mission Product Holdings
Manufacturer/Cooling Apparel
Siena Lending Group
Lender
10Revolver
Supports refi
2018/01/15National Credit Center
Provider/Software & Marketing Solutions
Monroa Capital
Admin Agent
80Revolver
Portfolio company of SNH
2018/02/13NetScout
Provider/Cybersecurity Services
JPMorgan Chase
Admin Agent
1000Revolver
2018/02/07Novocure
Provider/Oncology Treatments
BioPharma Credit
Lender
150Term Loan
Used to pay existing debt
2018/02/08NRP Jones
Manufacturer/Industrial & Oilfield Hoses
MB Business Capital
Lender
23Revolver
Supports refi
2018/02/19OCI Partners
Operator/Methanol & Amonia Production Facilities
BofA Merrill Lynch
Lead Arranger
455Term Loan/Revolver
Used to pay existing debt
2018/01/01Pandora Media
Provider/Music Streaming Services
Wells Fargo
Admin Agent
200Revolver
Replaces previous facility with JPMorgan Chase
2018/02/26PCX Aerostructures
Manufacturer/Machined Flight Components
Siena Lending Group
Lender
12Revolver
Supports refi
2018/03/28Penguin Computing
Provider/Computing Solutions
Wells Fargo
Lender
33Revolver
Supports future growth opportunities
2018/02/16Radiology Partners
Operator/Hospital Based Radiology Services
Golub Capital
Admin Agent
270Term Loan
Supports acquisition of Renaissance Imaging Medical Associates
2018/02/20Sears Authorized Hometown
Operator/Retail Stores
Gordon Brothers Finance
Admin Agent
40Term Loan
2018/01/30Shutterfly
Retailer/Online Prints
Morgan Stanley
Admin Agent
825Term Loan
Supports acquisition of Lifetouch
2018/02/02Siesa Medical
Manufacturer/Medical Devices
Sagard Credit Partners
Lender
42.5Revolver
2018/01/30Solace Capital Partners
Private Investment Firm
Ares Commercial Finance
Lender
41.7$25MM Revolver/$16.7MM Term Loan
Supports acquisition of CST
2018/01/23Solaris Oilfield Infrastructure
Provider/Proppant Management Systems
Woodforest National Bank
Admin Agent
70$50MM Term Loan/$20MM Revolver
2018/03/07Standard Diversified Opportunities
Holding Company
Crystal Financial
Lender
25Revolver
Supports future acquisitions
2018/01/29Stewart Tubular Products
Manufacturer/Down-Hold Accessories
Siena Lending Group
Lender
19.5Revolver/Term Loan
Supports refi
2018/02/06Stone Road Energy
Provider/Fuel Delivery Services
Crystal Financial
Lender
20Revolver
Supports refi and acquisitions
2018/02/21TTM Technologies
Manufacturer/Printed Circuit Boards
JPMorgan Chase
Admin Agent
600Term Loan
Supports acquisition of Anaren
2018/03/27Unipower
Manufacturer/DC Power Systems
MidCap Business Credit
Lender
7Revolver
Supports refi
2018/01/16Unique Group
Distributor/Engineered Metal Products
MidCap Financial
Lender
46Revolver
Supports refi
2018/03/28Varian Medical Systems
Provider/Radiation Oncology Treatments
BofA
Admin Agent
1800Revolver
Replaces previous revolver
2018/02/26Venture Logistics
Provider/Regional Logistics
Huntington Business Credit
Lender
25Revolver
Supports refi
2018/02/21Vertical Bridge
Provider/Communications Infrastructure
TD Securities
Lead Arranger
250Revolver
Used to pay existing debt
2018/01/08VSE
Provider/Diversified Technical Services
Citizens Bank
Admin Agent
500Revolver/Term Loan
Jt syndication agents; M&T, PNC & SunTrust
2018/02/20Vulcan
Provider/Integrated Aluminum Products
MB Business Capital
Lender
30Revolver
Supports refi
2018/01/08Wells Fargo
Provider/Energy & Water Resource Management Software
Itron
Admin Agent
1150$650MM Term Loan/$500MM Revolver
Supports acquisition of Silver Springs Network
2018/02/15Wellspring Capital Management
Private Equity Firm
Antares Capital
Admin Agent
170Revolver
Supports acquisition of SupplyOne
2018/01/31Wingstop
Operator/Restaurant Chains
Wells Fargo
Admin Agent
250$130MM Revolver/$120MM Term Loan
Supports recap
2018/02/26Zayo Group
Provider/Communications Solutions
Morgan Stanley
Admin Agent
150Term Loan
SunTrust served as additional admin agent
2018/03/28Zedcor Energy
Provider/Rental Surface Equipment
ATB Financial
Lender
13.5Revolver