Notable ABL Transactions
Data gathered from direct sources, news releases and other public information — covers 1/01/21 through 3/31/21.

DATE BORROWER/INDUSTRY LENDER/ROLE AMOUNT STRUCTURE/NOTES
2021/01/04 Greenbrook TMS
Medical Tech
Oxford Finance
Lender
30 $15MM term loan and up to $15MM in delayed-draw term loans
2021/01/04 America’s Car-Mart
Car Sales
BOK Financial, Wells Fargo
Co-syndication agents
326 Line of credit upsized from $241MM
2021/01/04 Covia
Mineral Solutions
PNC
Lender
135
Part of Covia's emergence from Chapter 11
2021/01/04 AssetMark
Asset Management
BMO
Admin agent
250 Revolver
To retire existing term loan
2021/01/05 Landec Corporation
Health and Wellness
BMO
Lender
75 Line of credit
2021/01/05 Tuesday Morning
Retail
J.P. Morgan, Wells Fargo, Bank of America
Lenders
110
Part of Tuesday Morning's emergence from Chapter 11
2021/01/06 Avid
Media Tech
JPMorgan Chase
Admin agent
250 $180MM term loan/$70MM revolver
To repay outstanding borrowings under previous facility
2021/01/06 Orion Energy Systems
Lighting
Bank of America
Lender
25 Revolver
Replaces previous facility with Western Alliance Bank
2021/01/07 NextWave
Wireless Spectrum Holdings
Canyon Partners
Lender
200 Term loan
To retire existing debt and for operational funding
2021/01/11 Affimed
Biopharmaceuticals
Silicon Valley Bank
Lender
30.42 Term loans
To fund research and development expenses and for working capital purposes
2021/01/12 Better Choice Company
Pet Products
Wintrust Financial
Lender
12 Long-term credit facility
To refinance existing debt