Notable ABL Transactions
Data gathered from direct sources, news releases and other public information — covers 10/01/18 through 12/31/18.

DATEBORROWER/INDUSTRYLENDER/ROLEAMOUNTSTRUCTURE/NOTES
2018/11/27Alcoa
Aluminum Products
JPMorgan Chase Bank
Administrative agent
1500Amended Revolver
For payments, investments & indebtedness
2018/10/01AMP Capital
Global Investments
Webster Bank
Lead Arranger
210Secured Credit Facilities
Supports Everstream Solutions acquistion
2018/11/07AMS Group
Manufacturer & Distributer/Steel-related
MB Business Capital 
Lender
9.68Credit Facility
Supports refi and adds working capital
2018/11/30AmTrust Financial Services
Insurance Holding Company
JPMorgan Chase
Admin Agent
750Term Loan/Revolver
For working capital
2018/12/11AN Global
Consulting Firm
Monroe Capital
Admin Agent
80Senior Credit Facility
To support purchase of 4th Source
2018/12/28ANI Pharmaceuticals
Pharmaceutical
Citizens Bank
Admin Agent, Lead Arranger
265.2Revolver/Term Loans
Jt. Lead Arrangers: Bank of Tokyo-Mitsubishi UFJ, Huntington National Bank
2018/12/04Armada Partners
4PL Provider
PNC Bank
Admin Agent
200Senior Secured Credit Facility
To refinance existing debt
2018/11/28Atlanticus Holdings
Fintech Company
JPMorgan Chase
Lender
100Revolver
Expand credit card receivables
2018/10/10Basic Energy Services
Provider/Energy
Bank of America
Admin Agent
150ABL Facility
2018/11/30BGC Partners
Fintech Company
Bank of America Merrill Lynch
Lead Arranger
350Revolver
For general corporate purposes
2018/11/21BioMarin Pharmaceutical
Biotechnology company
Bank of America
Admin Agent, Swingline Lender
200Revolver
L/C Issuer: Citibank. To finance ongoing working capital
2018/11/15BM Eagle Holdings
Fund to acquire healthcare assets
White Oak Healthcare Finance
Admin Agent
190Credit Facility
Used to acquire 17 skilled nursing facilities
2018/12/11Bonanza Creek Energy
Oil and Gas Company
J.P. Morgan
Admin Agent
750Reserve-Based Credit Facility
2018/11/14BrainStorm
Provider/Software Platform
Square 1 Bank
Lender
5Credit Facility
2018/11/21Cardtronics
ATM Manufacturer
JPMorgan Chase Bank
Admin Agent
600Revolver
Co-Syndication Agents: Bank of America, Barclays Bank, Wells Fargo Bank. To fund redemption of 2022 Notes
2018/12/27Cascades
Markets Packaging & Tissue Products
CoBank
Underwriter
175Term Loan
Co-Underwriter: American AgCredit
2018/11/15Celestica
Manufacturer/Supply Chain Solutions
Bank of America
Admin Agent
250Term Loan
Jt Lead Arrangers: Merrill Lynch, Citigroup Global Markets, CIBC World Markets, MUFG Bank, RBC Capital Markets, The Bank of Nova Scotia and J.P. Morgan Securities
2018/11/14Chelten House Products
Manufacturer/Salad Dressings & Sauces
Citizens Bank Commercial Banking
Admin Agent
41.2Credit Facility
For working capital and future CAPEX initiatives
2018/12/18Cheniere Energy
LNG energy Company
Société Générale
Admin Agent
1250Amended Revolver
Coordinating Lead Arrangers: Goldman Sachs, Morgan Stanley Senior Funding, SG Americas Securities
2018/11/02Churchill Downs
Operator/Gaming Industries
Wells Fargo Bank
Admin Agent
650Revolver
2018/11/05ClearStream Energy Services
Provider/Energy & Industrial Solutions
Bank of Montreal
Admin Agent
7.6Term Loan
2018/11/06Comtech Telecommunications
Provider/Communication Solutions
Citibank
Admin Agent
550Revolver
2018/12/05Corcentric
Finance Solutions
Bank of America
Lender
150Revolver
Co-Lender: JPMorgan Chase
2018/12/05Corcentric
Finance Solutions
TCW Asset Management
Lender
50Term Loan
To support future growth
2018/12/13Covis Pharma
Specialty Pharmaceutical Company
Capital One
Admin Agent
350Revolver/Term Loan
To acquire the worldwide rights for medicines Alvesco, Omnaris and Zetonna
2018/10/30Critical Control Energy Services
Alternative Investment Fund Management
Invico Capital
Lender
7Term Loan
2018/12/19Dedoes Industries
Automotive Refinsh Equipment
MB Business Capital 
Admin Agent, Lender
13.085Senior Credit Facility
To refinance senior indebtedness & provide working capital
2018/10/26Digital Realty
Provider/Global data center
Citibank/JPMorgan/Others
Joint Lead Arrangers
330000Revolver
2018/12/14DowDuPont
Chemical Company
JPMorgan Chase Bank
Admin Agent
12000Revolvers/Term Loan
To support Corteva spin-off
2018/11/27Ducommun
Electronic & Structural Systems Manufacturer
Bank of America
Administrative Agent
340Revolving Line of Credit/Term Loan
To repay outstanding loans & unpaid interest
2018/11/12Ecopetrol
Oil company
The Bank of Nova Scotia, Mizuho Bank
Lenders
665Credit Facility
2018/11/15Egide USA
Provider/Packages for sensitive electronic components
Pacific Mercantile Bank
Lender
5Revolver/Term Loan
2018/11/14Electronics For Imaging
Provider/Printing & Signage Services
Citibank
Arranger
150Revolver
2018/12/12Energy Focus
LED Lighting Manufacturer
Austin Financial Services
Lender
5Revolver
2018/11/06EnviroStar
Distributor/Laundry & Dry cleaning Equipment
Bank of America/US Bank/Fifth Third
Joint Lead Arrangers
100Revolver
2018/12/18Ero Copper
Copper Production
Bank of Nova Scotia
Admin Agent
130Credit Facilities
Joint Lead Arranger: Bank of Montreal
2018/12/27Ethan Allen
Home Furnishings Retailer
JPMorgan Chase Bank
Admin Agent
165Revolving Line of Credit
Documentation Agent: Capital One
2018/11/29EVERTEC
Transaction Processing
Bank of America
Admin Agent
670Revolver/Term Loans
To repay existing term debt
2018/11/27Fallas Stores
Discount Retailer
Second Avenue Capital Partners
Lender
20ABL Credit Facility
For purchase of 85 stores
2018/11/16FHE USA
Manufacturer/Equipment
PNC Bank
Admin Agent
25Credit Facility
Supports refi and CAPEX
2018/11/20Forbes Energy Services
Oilfield Services contractor
Regions Bank
Lender
35ABL Facility
Support acquisition
2018/10/30Four Springs Capital Trust
Real Estate Investments
Citizens/Huntington/Peapack-Gladstone/Two River Community Banks
Lenders
75Revolver
2018/12/13Future Family
Fertility Support & Subscription Service
Atalaya Capital Management
Lender
100Credit Facility
To fund subsciber platform
2018/11/08Gen III Oil
Provider/Oil Refinery Services
Export Development Canada
Lender
55Term Loan
Supports Bowden Project
2018/11/16Goodfood Market
Provider/Home Meal Solutions
Desjardins Capital Markets
Lender
13.5$11MM Term Loan/$2.5MM Revolver
Used to fund expansion CAPEX
2018/11/08Goodnight Midstream
Provider/Oilfield Water Infrastructure
ABN AMRO
Admin Agent
100Revolver
Upsized revolver to $420MM
2018/11/06GP Strategies
Efficency Training
PNC Bank
Admin Agent
200Credit Facility
Joint Lead Arrangers: PNC Capital Markets, Wells Fargo Securities
2018/12/06GP Strategies
Efficency Training
PNC Bank
Admin Agent
200Credit Facility
Joint Lead Arrangers: PNC Capital Markets, Wells Fargo Securities
2018/10/12GridLiance High Plains
Transmission Lines/Substations
KeyBank
Lender
65Revolver
2018/12/18Hannon Armstrong Capital
Capital Provider
Bank of America
Admin Agent
450Term Loans
To repay borrowings from previous facility
2018/11/30Hasbro
Toy Company
Bank of America
Admin Agent
1100Amended Revolver
Joint Lead Arrangers: Merrill Lynch, Citibank, Citizens Bank, JPMorgan Chase
2018/12/04Hawkins
Chemical Manufacturer
U.S. Bank
Admin Agent
150Restated Revolver
To replace previous term loan and revolver
2018/12/18Heritage Insurance
Property & Casualty Insurance
Regions Bank
Admin Agent
125Revolver/Term Loan
To redeem outstanding senior secured notes
2018/10/15Honeywell International
Software-Industrial Company
JPMorgan
Admin Agent
160000First Lien Revolver
To Complete spin-off of Garrett Motion, Honeywell's former Transportation Systems Business
2018/10/30Imperial Frozen Foods
Frozen fruits and Vegetable supplier
Ares Commercial Finance
Lender
20Revolver
2018/11/16Innovex Downhole Solutions
Provider/Downhold Products & Tech for Oil & Gas Industry
PNC Bank
Admin Agent
84Credit Facility
Supports refi and CAPEX
2018/10/23Jonathan Adler
Global Luxury Designer Housewares
Rosenthal & Rosenthal/Gordon Brothers
Lenders
16Asset Based Loan
2018/11/30Karius
Life Sciences
Oxford Finance
Lender
25Term Loan
To expand prouct reach
2018/12/18Lacks Valley Stores
Furniture & Homes Goods Store
Crystal Financial
Admin Agent
55Revolver/Term Loan
To refinance existing debt, extend maturities & provide working capital
2018/11/08Landmark Infrastructure Partners 
Provider/Assets to Wireless Services
SunTrust Bank
Admin Agent
450Revolver
Replaced exisiting revolver
2018/11/30Laredo Energy
Natural Gas Exploration
Riverstone Credit Partners
Lead Arranger
200Term Loan
To pay down previous revolver
2018/10/11Lilis Energy
Oil and Gas Exploration/Production
BMO Harris
Lead Arranger
500Revolving
2018/12/03Limetree Bay Ventures
Refinery Equipment
Westbourne Capital
Lender
700Term Loan
For re-starting refinery in St. Croix
2018/12/17Luby's
Restaurant Franchise
MSD Partners
Lender
80Revolver/Term Loans
To repay previous credit agreement & for working capital
2018/10/22Mammoth Energy Services
Energy Services
PNC Capital Markets
Lender
185Revolver
2018/11/27MD America Energy
Oil Exploration & Producation Company
MC Credit Partners
Administrative agent
200First Lien Credit Facility
Expand operations
2018/11/01MicroVest Capital Management
Asset Management Firm
MetLife Investment Management
Lender
205-Year Revolver
2018/12/03Mitel Networks
Business Communications
Credit Suisse
Admin Agent
1480Revolver/Term Loans
2018/12/21Nabriva Therapeutics
Biopharmaceutical R&D
Hercules Capital
Lender
75Term Loan
For growth capital
2018/10/16NanoString Technologies
Healthcare Focused Investments
CR Group (CRG)
Lender
100Term Loan with principal aggregate of $60MM
2018/11/02Natgasoline
Methanol Production Company
JPMorgan/Goldman Sachs
Joint Lead Arrangers
565Term Loan
2018/11/16National Vision
Retailer/Eyewear
Goldman Sachs
Admin Agent
200Term Loan
Jt Lead Arrangers: KKR Capital Markets, Citigroup Global Markets, Goldman Sachs Bank, Merrill Lynch, Barclays Bank, Wells Fargo Securities, Morgan Stanley Senior Funding, Mizuho Bank, UBS Securities, Macquarie Capital and Jefferies Finance
2018/12/19NEJ
Logistics Solutions
MidCap Business Credit
Lender
4Revolving Line of Credit
To support growth & provide working capital
2018/10/08New Age Beverages
Organic/Natural beverage company
Siena Lending Group
Lender
12Revolver
2018/12/27New Jersey Resources
Energy Services
PNC Bank
Lender
100Revolver
For working capital
2018/12/20New York Power Authority
Utilities Company
JPMorgan Chase Bank
Lead
600Revolver
To support issuance of commercial paper notes
2018/11/30Newmark Group
Real Estate Services
Bank of America Merrill Lynch
Lead Arranger
250Revolver
For general corporate purposes
2018/11/13Newtek Business Services
Provider/Business Development
Webster Bank
Arranger
50$35MM Term Loan/$15MM Revolver
Replaces previous Goldman Sachs term loan
2018/10/26NFI Group
Bus and Motor Coach Manaufacturing
Bank of Nova Scotia
Admin Agent
1000005 year term loan
2018/11/26North American Construction Group
Construction and mining services
National Bank Financial
Lender
300Revolver
Support strategic prorities
2018/12/19North American Palladium
Palladium Production
Bank of Montreal
Admin Agent
125Revolver
To repay a term & for general coporate purposes
2018/10/01North Star Leasing
Equipment Financing
People's United Bank
Lead Arranger
60Expandable senior revolving credit facility
2018/10/08Northern Oil and Gas
Oil Exploration and Production
Royal Bank of Canada
Admin Agent
750First lien rovolver
2018/11/13Nova Wildcat Amerock
Supplier/Hardware for Kitchens & Bathrooms
Monroe Capital
Admin Agent
56Credit Facility
Supports recap
2018/11/12Novelion Therapeutics
Biopharmaceutical company
Athyrium Capital Management, Highbridge Capital Management
Lenders
72.5Term Loan
2018/10/31Orion Energy Systems
Lighting and energy project solutions
Alliance Bank
Lender
20.15Revolver
2018/12/27Overseas Shipholding Group
Tanker Company
Prudential
Lender
325Term Loan
To replace an existing term loan
2018/11/26Pacific Basin Shipping
Dry Bulk Shipping
Danish Ship Finance
Lender
40Term Loan
Extension of existing term loan
2018/11/12PennantPark Floating Rate Capital
Provider/Middle Market Direct Lending
SunTrust
Lender
520Credit Facility
Facility upsized by $115MM
2018/10/29Permira Funds
Video Software solutions
Vector Capital
Lender
100Second Lien Term Loan
2018/12/06Personiv
Outsourcing
CrowdOut Capital
Lender
30Credit Facility
To provide liquidity
2018/11/07PFSweb
Provider/Commerce Services
Regions Bank
Admin Agent
60Revolver
Up to $80MM w/ accordion; Synicate included: BofA & PNC
2018/10/31Pipestone Oil
Provider/Energy
National Bank Financial
Lead Arranger
198.5$10MM Revolver/$20MM LoC/$198.5MM Term Loan
2018/10/17Pope Resources
Master Limited Partnership
Northwest Farm Credit Services
Lender
144$30MM Revolver/$40MM Delayed Draw Facility/$74.2MM Term Loan
Up to $194MM w/ accordion
2018/10/05Pretium Resources
Gold Producer
Bank of Nova Scotia
Lender
480$250 secured non-revolving/$230 revolving
for refinancing the existing construction credit facility, approximately $423 million due on December 31, 2018
2018/12/12PumpMan Holdings
Pump Services and Repair
Tree Line Capital Partners
Lender
26First Lien Credit Facility
To support future platform acquisitions and growth initiatives
2018/11/15Punch Bowl Social.
Restaurant Group
CrowdOut Capital
Lending Syndication Platform
20Term Loan
Used to open new locations in U.S.
2018/11/20R. R. Donnelley & Sons
Communicatios & Marketing Services
Bank of America
Admin Agent
500Term Loan
Co-Syndication Agents: JPMorgan Chase, PNC Capital Markets, Wells Fargo Securities. For debt repayment
2018/12/21Rite Aid
Drug Store
Bank of America
Admin Agent
3150Revolver/Term Loan
To refinance previous ABL revolver
2018/11/06Ross Technology
Metal Fabrication
MB Business Capital 
Admin Agent
10Senior Credit Facility
To refinance indebtedness and fund working capital
2018/12/06Ross Technology
Metal Fabrication
MB Business Capital 
Admin Agent
10Senior Credit Facility
To refinance indebtedness and fund working capital
2018/12/04Rotam North America
Distribution
MidCap Business Credit
Lender
6ABL Credit Facility
2018/12/26Rubius Therapeutics
Biotechnology Company
Solar Capital Partners
Lender
75Term Loan
To advance pipeline of Red Cell Therapeutics & for general corporate purposes
2018/10/08Ryder Systems
Fleet Management
Multiple Banks
Administrative agents
1400005 year global revolving
2018/10/31Salt Creek Midstream
Portfolio company
Deutsche Bank
Lender
650Term Loan
2018/10/01SEACOR Marine Holdings
Marine Transportation/support
DNB Bank
Lender
1305 year term loan
2018/10/02ShotSpotter
Provider/Gunfire Detection
Umpqua Bank
Lender
10Revolver
Facility supports working capital and equipment acquisition
2018/11/08Sorrento Therapeutics
Immunotherapy biotech company
Oaktree Capital Management
Lender
150Term Loan
Funds clinical programs in CAR-T and non-opioid pain management
2018/10/15Spectrum Global Solutions
Telecommunications
Heritage Bank of Commerce
Lender
5Revolver
2018/12/12Speed Leasing
Pre-Owned Motorcycle Leasing
Comvest Credit Partners
Admin Agent
60Senior Credit Facility
2018/12/20Sterling Consolidated
Hydraulic & Pneumatic Seal Supplier
Access Capital
Lender
2.5ABL Line of Credit
2018/12/04Stone Point Capital
Private Equity Firm
Churchill Asset Management
Lead Arranger
185Senior Secured Credit Facility
To support acquisition of Eliassen Group
2018/11/13SuperCom
Provider/Secure Solutions
Fortress Investment
Lender
20Credit Facility
Supports working capital and growth of business operations
2018/10/12SurveyMonkey
JPMorgan Chase Bank
Admin Agent
229$220MM Term and $75MM Revolving
2018/11/16Synagro
Provider/Residuals Management Solutions
AMP Capital
Lender
190Term Loan
Supports refi
2018/12/27Synalloy
Chemical Manufacturer
BB&T
Lender
20Term Loan
To refinance ABL revolver
2018/12/07SynergEyes
Contact Lens Company
Pacific Mercantile Bank
Lender
4Revolver/Term Loan
To pursue growth opportunities
2018/11/07TBL Group
Provider/Transportation Services
Ares Commercial Finance 
Lender
20Revolver
Supports refi and funds future growth
2018/12/14Teligent
Specialty Generic Pharmaceuticals
ACF Finco I
Admin Agent
25Revolver
To redeem or repurchase 3.75% senior notes & for working capital
2018/12/14Teligent
Specialty Generic Pharmaceuticals
Ares Capital
Admin Agent
95Term Loans
To redeem or repurchase notes & refinance part of existing term loan
2018/10/02Tenneco
Manufacturer/Clean Air Products
JPMorgan Chase
Admin Agent
4900$3.4B Term Loan/$1.5B Revolver
Supports acquisition of Federal-Mogul
2018/12/20TrailStone Group
Commodities Trader
BNP Paribas
Lead Arranger
330Revolver
To refinance existing revolver & provide working capital
2018/11/21Trakopolis
SaaS Company
ESW Holdings
Lender
3Term Loan
Pay existing indebtedness to Silicon Valley Bank
2018/12/07Trican Well Service
Oil and Gas Equipment Services
Bank of Nova Scotia
Admin Agent
275Upsized Revolver
2018/12/05Triton International
Freight Container Lessor
PNC Bank
Lead Arranger
1000Term Loan
Joint Lead Arrangers: ING Belgium, MUFG Bank
2018/10/01United Rentals
Bank of America Merrill Lynch
Agent
100000$1B senior secured term loan B credit facility
2018/11/29Universal Logistics Holdings
Customized Transportation & Logistics Solutions
KeyBank
Admin Agent, Issuing Lender
350Syndicated Credit Facility
For acquisitions, debt structure streamlining, borrowing cost reduction
2018/10/11Unknown Transportation Co
Transportation
TAB Bank
Lender
1Revolver
2018/11/29uSell.com
Second-hand Cell Phones Retailer
Siena Lending Group
Lender
6Revolver
To refinance debt & support growth
2018/12/20Veran Medical Technologies
Medical Devices
Madryn Asset Management
Lender
35Credit Facility
2018/11/27Vezer Family Trust
Family Trust
Business Capital
Lender
6Term Loan
2018/11/08Vicon Industries
Manufacturer/Security Systems
NIL Funding
Lender
5.6Term Loan
Replaced existing revolver
2018/11/29VIQ Solutions
Tehcnology Company
Crown Capital Partners
Lender
15Term Loan
2018/11/21Vista Outdoor
Sports equipment manufacturer
Wells Fargo Bank
Admin Agent
599.3Revolver/Term Loan/Junior Term Loan
Admin agent on Jr. Term Loan: GACP Finance. To pay off existing loans general corporate purposes
2018/12/28Wabash
Industrial Manufacturer
Wells Fargo Capital Finance
Admin Agent, Lead Arranger
175Revolver
Syndication Agent, Jt. Lead Arranger: Citizens Business Capital
2018/12/13Waitr
Online Ordering & Food Delivery
Luxor Capital Group
Lender
42.1Term Loans
To partially finance Bite Squad acquisition
2018/12/26Waterbridge Resources
Water Infrastructure
SunTrust Robinson Humphrey
Lead Lender
600Term Loan
To repay outdebtedness & acquire water assets
2018/10/12Williams Industrial Services Group
Global Power Equipment
MidCap Financial Services
Admin Agent
15Revolver
2018/12/26Worldline
Payment & Transactional Services
ING Bank
Lead Arranger
683Revolver
Jt. Lead Arrangers: J.P. Morgan Securities, Barclays, BNP Paribas, MUFG, Others
2018/11/27Zenflow
Medical Devices
Square 1 Bank
Lender
5Credit Facility
For short-term & long-term growth initiatives