ABL Deal Chart 2019 Q4

Notable ABL Transactions
Data gathered from direct sources, news releases and other public information — covers 10/01/19 through 12/31/19.

DATE	BORROWER/INDUSTRY	LENDER/ROLE	AMOUNT	STRUCTURE/NOTES
2019/10/01	Metso Provider/Equipment Services	Nordea Lead Arranger	872	Revolver Co-lead arrangers: BBVA, BNP Paribas, Citi, Commerzbank, HSBC
2019/10/04	Allegheny Technologies Manufacturer/Specialty Materials	PNC Bank Admin Agent	600	$500MM Revolver/$100MM Term Loan Co-syndication agents: BofA, Citibank, JPMorgan Chase, MUFG Union Bank
2019/10/09	Gerald Group Provider/Metals Merchant	ING Capital Admin Agent	300	Revolver Jt. lead arrangers: Deutsche Bank, Rabobank
2019/10/09	KB Home Developer/Home Building	Citibank Admin Agent	800	Revolver Syndication agents: BofA, Bank of the West, Credit Suisse, Wells Fargo
2019/10/10	Virtu Financial Provider/Financial Services	Jefferies Financial Admin Agent	525	Term Loan
2019/10/11	B&G Foods Manufacturer/Frozen Foods	Barclays Lead Arranger	450	Term Loan Jt. lead arrangers: Deutsche Bank, RBC, BofA, BMO, Goldman Sachs, J.P. Morgan
2019/10/14	Ferroglobe Provider/Silicon Alloys	PNC Bank Admin Agent	100	Revolver Replaces previous facility
2019/10/14	Keywords Studios Provider/Software Engineering	Barclays Lender	154.4	Revolver Co-lenders: Citibank, HSBC, Silicon Valley Bank
2019/10/14	Spray Products Manufacturer/Aerosol Products	Fifth Third Business Capital Admin Agent	21.5	Credit Facility To refinance existing debt
2019/10/15	Luna Innovations Provider/Telecommunications Test Products	Silicon Valley Bank Lender	10	Revolver For financial flexibility
2019/10/15	MSG Networks Operator/Sports Networks	JPMorgan Chase Bank Admin Agent	1350	$1.10B Term Loan/$250MM Revolver
2019/10/18	Tempur Sealy International Manufacturer/Mattresses	JPMorgan Chase Bank Admin Agent	850	$425MM Term Loan/$425MM Revolver Jt. lead arrangers: BofA Securities, Wells Fargo Securities, Fifth Third
2019/10/21	Golden Star Resources Operator/Gold Mines	Macquarie Bank Lender	60	Credit Facility For general corporate purposes
2019/10/21	McDermott International Provider/Energy Technology	Barclays Lead Arranger	1700	Credit Facility For working capital
2019/10/22	Anytickets.com Operator/Ticket Re-sellers	Bank of America Merrill Lynch Lender	40	Credit Facility To expand partner inventory program
2019/10/22	Northern Oil and Gas Producer/Oil & Gas	Wells Fargo Securities Admin Agent	800	Revolver
2019/10/23	CRH Medical Provider/Gastrointestinal Products	JPMorgan Chase Bank Lender	200	Revolver Co-lenders: The Bank of Nova Scotia, U.S. Bank, Wells Fargo
2019/10/24	Aligned Energy Provider/Data Center	Goldman Sachs Bank Lender	495	Credit Facility To support growth
2019/10/29	Black Diamond Group Provider/Specialty Rentals	Bank of Nova Scotia Lender	200	Credit Facility Co-lender: Bank of Montreal
2019/10/29	Bluegreen Vacations Provider/Vacation Ownership	Fifth Third Bank Admin Agent	225	Credit Facility
2019/10/29	Braemar Hotels & Resorts Investor/Luxury Hotels	Bank of America Admin Agent	75	Revolver Co-lenders: KeyBank, Morgan Stanley.
2019/10/29	Cross Country Healthcare Provider/Healthcare	PNC Bank Lender	120	Credit Facility Co-lender: Wells Fargo
2019/10/29	Jackrabbit Retailer/Running Accessories	Second Avenue Capital Partners Lender	40	Credit Facility Co-lender: Crystal Financial
2019/10/29	Zipari Provider/Healthcare Data Platform	Bridge Bank Lender	10	Term Loan To support growth
2019/10/30	International Materials Operator/Materials Broker	Citizens Bank Lender	290	Revolver
2019/10/31	Kaiser Aluminum Producer/Specialty Aluminum	Wells Fargo Admin Agent	375	Revolver
2019/11/01	Garda World Security Operator/Security Services	JPMorgan Chase Bank Lender	1770	Credit Facility Co-lenders: BofA, Barclays, TD Bank, ATB Financial, Jefferies, RBC, Scotiabank
2019/11/04	U.S. Steel Manufacturer/Steel	JPMorgan Chase Bank Admin Agent	2000	Credit Facility Jt. lead arrangers: Bank of America, Wells Fargo Bank, Barclays Bank
2019/11/05	Equity Residential Operator/Apartment Management	Bank of America Admin Agent	2500	Revolver Jt. lead arrangers: JPMorgan Chase Bank, Wells Fargo Securities
2019/11/06	AerFin Holdings Provider/Aircraft Aftermarket Support	CIT Group Admin Agent	80	Revolver To support acquisition of AerFin by Catacap
2019/11/07	Risk Strategies Provider/Risk Management	Golub Capital Admin Agent	1600	Credit Facility To support refinancing
2019/11/13	Troy Lee Designs Designer/Bike Gear	Fifth Third Business Capital Admin Agent	8	Credit Facility For working capital
2019/11/14	Abraxas Petroleum Producer/Oil & Gas	Angelo Gordon Energy Servicer Lender	100	Term Loan To pay down previous facility
2019/11/14	Expedition Water Solutions Provider/Water Disposal Services	Cadence Bank Admin Agent	100	Revolver To fund pipeline and facilities growth
2019/11/15	Lincoln Educational Services Provider/Post-Secondary Education	Sterling National Bank Lender	60	$20MM Term Loan/$10MM Term Loan/$15MM Revolver/$15MM LoC To support growth
2019/11/15	Supreme Cannabis Producer/Cannabis	Bank of Montreal Lead Arranger	90	$70MM Term Loan/$20MM Revolver
2019/11/19	GlobalSCAPE Provider/Cloud Services	JPMorgan Admin Agent	55	Credit Facility
2019/11/21	84 Lumber Provider/Building Materials	PNC Capital Markets Lead Arranger	710	$400MM Revolver/$310MM Term Loan Jt. lead arranger: Wells Fargo Securities
2019/11/21	Mercuria Operator/Commdity Traders	Societe Generale Admin Agent	1900	Revolver Jt. lead arrangers: MUFG Bank, Natixis, ABN Amro Capital, ING Capital
2019/11/25	Univar Solutions USA Distributor/Chemical	Bank of America Admin Agent	400	Term Loan Syndication agent: Goldman Sachs
2019/11/26	Fora Financial Provider/Financing	First Horizon Bank Lender	50	Revolver Co-lender: AloStar Capital Finance
2019/11/26	Houghton Mifflin Harcourt Provider/K-12 Education Materials	Citibank Admin Agent	630	$380MM Term Loan/$250MM Revolver To repay previous facility
2019/11/26	TiVo Provider/Streaming Services	Wells Fargo Lender	50	Revolver Co-lender: Morgan Stanley Senior Funding
2019/11/27	Caliber Imaging & Diagnostics Designer/Microscopy Equipments	Bridge Bank Lender	5	Term Loan For general corporate purposes
2019/11/27	Compass Minerals Provider/Minerals	JPMorgan Admin Agent	700	$400MM Term Loan/$300MM Revolver To repay existing outdebtedness
2019/11/27	Funda Provide/Loans	Old Hill Partners Lender	10	Revolver
2019/11/27	Upland Software Provider/Cloud Management	Credit Suisse Admin Agent	190	Term Loan To repay previous facility
2019/11/29	Southwest Iowa Renewable Energy Manufacturer/Ethonal	CoBank Admin Agent	70	Credit Facility Co-lenders: Farm Credit Services of America, FLCA
2019/12/05	Eastern Company Operator/Industrial Manufacturers	Santander Bank Admin Agent	120	Revolver To support acquisition program
2019/12/09	Steel Dynamics Manufacturer/Steel	PNC Capital Markets Lead Arranger	1200	Revolver Co-lead arrangers: Bank of America Securities, Wells Fargo Securities
2019/12/10	Milton’s Distributing Distributor/Wine & Spirits	Rockland Trust Lender	30	Revolver For working capital
2019/12/11	Jaguar Land Rover Manufacturer/Cars	Citi Admin Agent	692	Term Loan Lead arrangers: Barclays, HSBC, JPMorgan, National Westminster, Standard Chartered
2019/12/13	Telesat Canada Operator/Satellite	JPMorgan Chase Bank Admin Agent	2100	$1.9B Term Loan/$200MM Revolver Revolver is undrawn
2019/12/17	Smart Sand Sand fracking	Jefferies Financial Lender	20	Revolver Includes $20MM accordian
2019/12/19	Vivint Solar Solar Energy	Bank of America Admin Agent	200	Revolver To purchase safe harbor equipment
2019/12/20	MAXIM Energy Producer	ALB Finance Lender	44	$4MM Revolver/$30MM Term Loan To repay outstanding letters of credit
2019/12/23	Royal Dutch Shell Producer/Oil & Gas	Bank of America, Barclays Joint Lead Arrangers	10000	$8B Revolver/$2B Term Loan Loan linked to SOFR

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ABL Deal Chart 2019 Q4