Notable ABL Transactions
Data gathered from direct sources, news releases and other public information — covers 1/01/19 through 3/31/19.
DATE | BORROWER/INDUSTRY | LENDER/ROLE | AMOUNT | STRUCTURE/NOTES |
---|---|---|---|---|
2019/02/04 | 36th Street Capital Provider/Equipment Financing |
Capital One Lead |
25 | Revolver Expanded previous facility to $100MM |
2019/01/07 | Aimmune Therapeutics Manufacturer/Biopharmaceuticals |
KKR Lender |
170 | Term Loan To fund the commercialization of AR101 |
2019/01/17 | Aireon Designer/Air Traffic Surveillance |
Deutsche Bank Lead |
200 | Credit Facility To fund company initiatives |
2019/01/16 | Alaska Communications Provider/IT Services |
ING Capital Jt. Lead Arranger |
225 | $205MM Term Loans/$20MM Revolver |
2019/02/19 | Alexco Operator/Silver Mine |
Sprott Private Resource Lending Lender |
15 | Credit Facility To develop Keno Hill Silver project |
2019/01/30 | AliveCor Designer/Mobiel ECG Devices |
Oxford Finance Lender |
20 | Term Loan For working capital |
2019/01/03 | Allegiant Healthcare Provider/Rehab & Specialty Care |
Whie Oak Healthcare Finance Admin Agent, Sole Lender |
161 | Credit Facility To acquire & provide working capital for nursing facilities |
2019/02/08 | Allegiant Travel Operator/Airline |
Barclays Bank Admin Agent |
450 | Term Loan To prepay or purchase existing indebtedness |
2019/03/04 | A-Mark Prcious Metals Provider/Metals Products |
Cooperative Rabobank Admin Agent, Lead Arranger |
260 | Credit Facility Jt. Lead Arranger, Syndication Agent: Naitxis |
2019/03/28 | Ameri Holdings Provider/Tech Solutions |
North Mill Capital Lender |
10 | Revolver To pay bank lender & provide working capital |
2019/02/20 | American Eagle Outfitters Opertaor/Clothing Retail |
PNC Bank Admin Agent |
400 | Credit Facility For general corporate purposes & working capital |
2019/02/22 | Ames Watson Provider/Principal Investment |
PNC Bank Lender |
140 | Credit Facility To support acquisition of Lids Sports Group |
2019/01/25 | API Heat Transfer Manufacturer/Heat Transfer Solutions |
Citizens Commercial Banking Admin Agent, Sole Arranger |
60 | Credit Facility To refinance existing debt |
2019/03/13 | Atlantic Energy Provider/Energy |
Signature Bank, V3 Commodities Lenders |
25 | $15MM Revolver/$10MM Term Loan |
2019/03/26 | Ball Corporation Provider/Sustainable Packaging |
Deutsche Bank Admin Agent |
2548 | Revolver, Term Loan To refinance existing credit facilities |
2019/02/07 | BioCryst Pharmaceuticals Manufacturer/Drugs |
MidCap Financial Trust Admin Agent |
100 | Credit Facility |
2019/02/04 | BJ Services Operator/Pressure Pumping Fleet |
Great American Capital Admin Agent |
200 | Term Loan To support business initiatives |
2019/01/30 | Borman Specialty Materials Producer/Specialty Materials |
MidCap Business Credit Lender |
14 | Credit Facility |
2019/01/05 | Brookdale Senior Living Operator/Senior Livings Facilities |
Capital One Lead Arranger, Bookrunner |
250 | Revolver To support strategy objectives |
2019/01/31 | C.A. Advanced Provider/Electrical Contracting |
PNC Bank Admin Agent |
50 | Credit Facility To refinance existing debt & provide working capital |
2019/01/04 | Calloway Golf Retailer/Golf Equipment |
Bank of America Merrill Lynch Lead |
480 | Term Loan Jt Lead: JP Morgan Securities |
2019/02/15 | Cambelt International Provider/Conveying Equipment |
Pacific Mercantile Bank Lender |
9.75 | Credit Facility To support growth |
2019/01/17 | Capify Provider/Small Business Financing |
Goldman Sachs Private Capital Lender |
95 | Credit Facility To support lending business growth |
2019/01/11 | CDI Computer Dealers Provider/Tech Solutions |
MB Business Capital Admin Agent, Sole Lender |
20 | Revolver To refinance senior indebtedness & provide working capital |
2019/02/15 | Cheetah Medical Provider/Fluid Management Tech |
SWK Funding Lender |
20 | Term Loan To retire existing debt |
2019/01/08 | Circle 8 Crane Services Provider/Crane Rentals |
CIT Northbridge Credit Sole Lead Arranger |
53.8 | Credit Facility To refinance existing facility |
2019/01/29 | Condustrial Provider/Suplemental Personnel |
Access Capital Lender |
3.75 | $3MM Revolver/$750K Term Loan |
2019/02/13 | Continuing Healthcare Solutions Provider/Long-Term Care |
Oxford Finance Lender |
43.3 | Term Loan To purchase & provide working capital for 8 long-term care facilities |
2019/03/25 | Credijusto Provider/Lending |
Goldman Sachs Lender |
100 | Credit Facility To expand lending access in Mexico |
2019/01/28 | Cronos Group Producer/Cannabis |
CIBC Admin Agent |
65 | Term Loan Lender: Bank of Montreal |
2019/02/08 | Crown Capital Partners Provider/Financing Solutions |
Alberta Treasury Branches Lender |
25 | Revolver To support growth |
2019/02/27 | Crystal Financial Provider/Direct Private Credit |
SMART Financial Lender |
80 | Credit Facility To refinance existing debt |
2019/03/08 | CSS Industries Designer/Consumer Products |
JPMorgan Chase Bank Admin Agent |
125 | Credit Facility Credit Participants: Bank of America, KeyBank |
2019/03/12 | Deleet Merchandising Manufacturer/Printing Technologies |
Siena Lending Group Lender |
20 | Revolver, Term Loan To refinance existing debt & provide working capital |
2019/01/29 | Eagle Bulk Ultraco Provider/Bulk Shipping |
Credit Agricole CIB Lender |
208.4 | $153.4MMTerm Loan/$55MM Revolver Lenders: ABN AMRO, Skandinaviska Enskilda Banken AB, DNB Bank |
2019/02/07 | EasyPay Finance Provider/Auto Services Financing |
Ares Management Lender |
50 | Credit Facility To support continued growth |
2019/01/04 | Ecoark Holdings Provider/Food Management |
Trend Discovery Lender |
10 | Revolver To support growth & market development |
2019/02/20 | FarWest Operating Manufacturer/Metal Fabrication |
MB Business Capital Admin Agent |
6.5 | Credit Facility To refinance senior indebtedness & provide working capital |
2019/02/08 | GenMark Diagnostics Provider/Diagnostic Solutions |
Solar Capital Lender |
65 | $50MM Term Loan/$15MM Term Loan |
2019/02/11 | Golub Capital Provider/Financing Solutions |
Morgan Stanley Senior Funding Admin Agent |
200 | Credit Facility Collateral Agent: Wells Fargo |
2019/02/21 | Hercules Capital Provider/Specialty Finance |
MUFG Union Bank Admin Agent |
200 | Credit Facility Lenders: City National, Umpqua Bank, Hitachi Capital America, Mutual of Omaha Bank |
2019/02/25 | HEXO Distibutor/Cannabis Products |
CIBC Admin Agent, Lead Arranger |
49.5 | $38.1MM Term Loan/$11.4MM Revolver Co-Lead Arranger, Syndication Agent: Bank of Montreal |
2019/02/21 | Integrated Equipment Manufacturer/Oilfield Equipment |
Veritas Financial Partners Lender |
9 | Credit Facility To pay existing indebtedness & provide working capital |
2019/03/06 | IOU Financial Provider/Online Lending |
Credit Suisse Lender |
50 | Credit Facility To support financing |
2019/01/17 | Jam City Producer/Mobile Games |
JPMorgan Chase Bank Jt. Lead Arranger |
145 | Credit Facility Jt. Lead Arranger: Bank of America |
2019/03/05 | Jetson Specialty Marketing Services Manufacturer/Printing |
Huntington Business Credit Lender |
8 | Credit Facility To refinance existing debt & provide working capital |
2019/02/07 | KOST USA Manufacturer/Antifreeze |
PNC Bank Admin Agent |
28.9 | Credit Facility To refinance existing revolver & term loans |
2019/01/25 | KPM Analytics Holdings Operator/Analytical Instruments |
Crystal Financial Lender |
27.5 | $21MM Term Loan/$3MM Revolver To refinance existing debt & provide working capital |
2019/03/07 | Lighthouse Finance Provider/Asset Management |
Intergrated Asset Management Lender |
45 | Term Loan To finance a marine vessels portfolio |
2019/01/16 | MacStadium Provider/Mac App Infrustructure |
Capital One Admin Agent, Jt. Lead Arranger |
35 | LoC To purchase new equipment & fuel growth |
2019/01/25 | Magnuson Products Manufacturer/Auto Parts |
Siena Lending Group Lender |
5.5 | Revolver To refinance existing debt & provide working capital |
2019/02/01 | Masonite International Designer/Residential Doors |
Wells Fargo Admin Agent, Jt. Lead Arranger |
250 | Credit Facility Jt. Lead Arrangers: Bank of America, RBC Capital Markets, HSBC Bank |
2019/03/25 | MedMen Enterprises Retailer/Cannabis |
Gotham Green Partners Lender |
250 | Credit Facility To fund future capital needs |
2019/01/28 | Mobius Imaging Manufacturer/CT Imaging Products |
Runway Growth Capital Lender |
20 | Term Loan To support growth |
2019/03/07 | North Atlantic Distributor/Seafood |
North Mill Capital Lender |
7.5 | Revolver To pay bank lender & provide working capital |
2019/01/04 | Norwegian Cruise Line Operator/Cruise Line |
JPMorgan Chase Bank Admin Agent, Collateral Agent |
1633 | Term Loan Jt Lead Arrangers: JPMorgan Chase, Mizuho Bank |
2019/01/02 | Ocular Therapeutix Manufacturer/Biopharmaceuticals |
Silicon Valley Bank Lender |
25 | Term Loan Co-Lender: MidCap Financial |
2019/02/08 | Off-Spec Solutions Operator/Trucking |
MB Business Capital Admin Agent |
11.88 | Credit Facility To refinance senior indebtedness & provide working capital |
2019/02/07 | OnDeck Provider/Online Lending |
SunTrust Bank, Silicon Valley Bank Arranger |
85 | Revolver Lenders: MB Financial, Congressional Bank |
2019/03/15 | Organogenesis Manufacutrer/Wound Care Products |
Silicon Valley Bank, MidCap Financial Lenders |
100 | $60MM Term Loan/$40MM Revolver For general corporate purposes |
2019/02/07 | Orvana Operator/Gold Mines |
BBVA Lender |
6.84 | Credit Facility Additional Lenders: BANKIA, SABADELL |
2019/02/27 | Pareteum Operator/Communications Platform |
Post Road Group Lead |
50 | Credit Facility For targeyed mergers & acquisitions |
2019/02/27 | PennantPark Investment Provider/Middle Market Investment |
BNP Paribas Admin Agent |
250 | Revolver Collateral Agent: Bank of New York Mellon Trust |
2019/01/02 | Phoenix Tower International Operator/Cell Tower Management |
Goldman Sachs Lender |
200 | Credit Facility To provide financing for tower infrastructure |
2019/02/14 | Pocono ProFoods Distributor/Food Service |
CIT Northbridge Credit Lead Arranger |
24 | Credit Facility To support future growth |
2019/01/29 | PosiGen Provider/Solar Panels |
LibreMax Capital Lender |
90 | Credit Facility Lenders: Connecticut Green Bank, Inclusive Prosperity Capital |
2019/01/24 | Premiun Trasportation Services Provider/Delivery Services |
MB Business Capital Admin Agent, Sole Lender |
8.97 | Credit Facility To refinance senior indebtedness & provide working capital |
2019/01/02 | Quantum Provider/Video Storage |
PNC Bank, U.S. Bank Admin Agent, Collateral Agent |
210 | $45MM Revolver/$165MM Term Loan To repay outstanding debt & provide working capital |
2019/01/07 | QVC Operator/TV Shopping Network |
JPMorgan Chase Bank Admin Agent |
3650 | Revolver To repay all outstanding debt of HSN facility |
2019/03/05 | RéVive Skincare Manufacturer/Skincare Products |
Siena Lending Group Lender |
5 | Revolver For working capital |
2019/03/25 | Rocky Brands Designer/Footware |
Huntington Business Credit Lender |
75 | Credit Facility To refinance existing debt & provide working capital |
2019/01/10 | Science Applications International Provider/IT Services |
Citibank Admin Agent, Collateral Agent |
2118 | Term Loan To support acquisition of Engility |
2019/03/21 | SEACOR Holdings Provider/Marine Trasportation Equipment |
JPMorgan Chase Bank Admin Agent |
125 | Revolver |
2019/03/11 | Sierra Metals Operator/Mines |
Banco de Credito del Peru Lender |
100 | Credit Facility for additional liquidity |
2019/01/24 | Sole Technology Retailer/Footware |
North Mill Capital Lender |
5 | Revolver For working capital |
2019/01/04 | Sovereign Pharmaceuticals Manufacturer/Pharmaceuticals |
MidCap Business Credit Lender |
8 | Revolver To refinance existing debt |
2019/01/14 | Stage Stores Retailer/Department Stores |
Wells Fargo Admin Agent, Collateral Agent |
25 | Term Loan Lenders: JPMorgan Chase, Regions Bank, BofA, SunTrust, Pathlight Capital |
2019/02/01 | Sycamore Partners Provider/Private Equity |
Wells Fargo Capital Finance Admin Agent, Lead Arranger |
1300 | $1.2B Credit Facility/$125MM Term Loan To support acquisition of Essendant |
2019/03/13 | TAB Products Provider/Records Management |
MidCap Business Credit Lender |
7.5 | Credit Facility |
2019/03/07 | TTEC Holdings Designer/IT Solutions |
Wells Fargo, Bank of America Lead Arrangers |
900 | Revolver Jt. Lead Arrangers: Bank of the West, HSBC Bank, U.S. Bank |
2019/02/04 | USA Truck Provider/Capacity Solutions |
Bank of America Agent |
225 | Revolver To finance existing debt |
2019/01/03 | Workhorse Group Manufacturer/Electric Vans |
Marathon Asset Management Lender |
25 | Revolver For future draw downs |
2019/02/28 | Wynnechurch Capital Provider/Middle Market Investment |
LBC Credit Partners Lender |
28 | Credit Facility To support acquisition of Boss Industries |
2019/03/27 | Yalber Provider/Specialty Lending |
Park Cities Asset Management Lender |
20 | Credit Facility To execute growth plan |
2019/01/15 | Zix Provider/Cybersecurity |
Suntrust Bank, KeyBanc Lenders |
200 | $175MM Term Loan/$25MM Revolver To support acquisition of AppRiver |
2019/02/21 | Zix Provider/E-mail Security |
SunTrust Bank Admin Agent |
210 | $185MM Term Loans/$25 Revolver |