Notable ABL Transactions
Data gathered from direct sources, news releases and other public information — covers 4/1/24 through 6/30/24. All dollar amounts are in millions.
| DATE | BORROWER | INDUSTRY | LENDER | ROLE | AMOUNT | STRUCTURE | NOTES |
|---|---|---|---|---|---|---|---|
| 4/1/2024 | Boardwalktech Software | Software | Celtic Bank | Lender | $4 | LOC Facility | For sales and marketing expenditures, working capital requirements and balance sheet enhancements |
| 4/2/2024 | Consumer Portfolio Services | Financial Services | Ares Agent Services | Lender | $200 | Revolver | Renewal of previous facility |
| 4/3/2024 | Avison Young | Real Estate | MidCap Financial | Lender | $85 | Senior Secured Credit Facility | Part of financial recapitalization transaction |
| 4/3/2024 | N/A | Financial Services | Valley Bank | Administrative Agent | $150 | Revolver | Three-year facility with a $40MM accordion |
| 4/4/2024 | The Singing Machine Company | Karaoke Products | Oxford Commercial Finance | Lender | $2 | Senior Credit Facility | To support the funding of accounts receivable generated from ongoing sales |
| 4/5/2024 | N/A | Manufacturing | Aequum Capital | Lender | $45 | Revolver | To provide increased liquidity to execute acquisition strategy |
| 4/5/2024 | Plastic Suppliers | Petrochemical-Based Films | MidCap Business Credit | Lender | $15 | Asset-Based Credit Facility | Opportunity was sourced out of MidCap’s regional office in Baltimore |
| 4/5/2024 | Granite Ridge Resources | Oil & Gas | Bank of America | Administrative Agent | $300 | Revolver | Amended credit agreement; BofA named successor administrative agent |
| 4/8/2024 | N/A | Packaging | TAB Bank | Lender | $5 | Multi-Year Credit Facility | To support working capital needs and fund growth opportunities |
| 4/9/2024 | Mesa Laboratories | Life Science Tools | JPMorgan Chase | Lender | $200 | $125MM Revolver/$75MM Term Loan | Amended and restated credit agreement |
| 4/9/2024 | esVolta | Energy Storage | Nomura Corporate Funding Americas | Administrative Agent | $185 | Senior Secured Credit Facility | Provide access to additional development capital and credit |
| 4/9/2024 | Chart Industries | Molecule Handling Equipment | JPMorgan Chase | Lender | $1,250 | Revolver | Amended and upsized |
| 4/9/2024 | Fairway Lumber | Lumber-Related Products | Legacy Corporate Lending | Lender | $25 | Asset-Based Credit Facility | Financing was finalized in March |
| 4/9/2024 | Hilton Grand Vacations | Hospitality | Bank of America | Lead Arranger | $1,300 | Term Loan | Pricing reduced by 25 bps |
| 4/10/2024 | AmeriTex | Concrete Products | Bank of America | Lender | $155 | To support growth in products and other capabilities | |
| 4/10/2024 | Quinn Residences | Real Estate | JPMorgan Chase | Administrative Agent | $850 | Revolver | $350MM upsize with potential for another $650MM upsize |
| 4/10/2024 | DataBank | Cloud Services | TD Securities | Administrative Agent | $725 | To finance ongoing and future data center construction projects | |
| 4/10/2024 | Cushman & Wakefield | Real Estate | JPMorgan Chase | Administrative Agent | $1,000 | Term Loan | Pricing reduced by 25 bps |
| 4/11/2024 | N/A | Electronics Manufacturing | SLR Business Credit | Lender | $1.75 | Revolver | Facility paid out company’s bank and provided additional working capital |
| 4/11/2024 | ACT Entertainment | Audio and Lighting | Comvest Credit Partners | Administrative Agent | $117 | Senior Secured Credit Facility | To refinance existing debt and support acquisitions |
| 4/12/2024 | N/A | Equipment Finance | Encina Lender Finance | Lender | $30 | Senior Secured Credit Facility | To originate new equipment leases |
| 4/12/2024 | Endo Finance Holdings | Pharmaceuticals | Goldman Sachs | Left Lead Arranger | $1,500 | Term Loan | Part of exit financing |
| 4/16/2024 | N/A | Fashion Apparel | Mountain Ridge Capital | Lender | $24 | Senior Secured Credit Facility | To refinanc the debt of another lender and for working capital |
| 4/16/2024 | N/A | Seafood | Rosenthal & Rosenthal | Lender | $11 | ||
| 4/16/2024 | N/A | Pharmaceuticals | Great Rock Capital | Lender | $33 | Senior Secured Credit Facility | To refinance existing indebtedness and to support future growth initiatives |
| 4/16/2024 | Koppers | Wood Treatment Products | Wells Fargo | Administrative Agent | $497 | Term Loan | Repricing and Upsize |
| 4/17/2024 | N/A | Metal Stamping | Aequum Capital | Lender | $9.1 | Revolver and Equipment Term Loan | To support working capital and growth |
| 4/17/2024 | N/A | Temporary Staffing | Republic Business Credit | Lender | $6.75 | Asset-Based Loan | Has accordion feature in the event of company growth and no cash flow related covenants |
| 4/17/2024 | N/A | Business Services | eCapital | Lender | $7 | Asset-Based Loan | |
| 4/18/2024 | Sétanta Development Capital | Real Estate Financing | Victory Park Capital | Lender | $100 | To support acquisition and development financing for residential land developers | |
| 4/18/2024 | FPL Food | Cow Processing | Edge Capital Lending | Primary Agent | $40 | Revolver | |
| 4/18/2024 | N/A | Biomass Wood Pellets | Edge Capital Lending | Lender | $25 | Line of Credit | |
| 4/18/2024 | N/A | Hairstyle Tools | Edge Capital Lending | Lender | $10 | Line of Credit | |
| 4/18/2024 | N/A | Stainless-Steel Containers | Edge Capital Lending | Lender | $6 | Line of Credit | |
| 4/18/2024 | N/A | Injection Molding | Edge Capital Lending | Lender | $6 | Line of Credit | |
| 4/18/2024 | N/A | Chocolate | Edge Capital Lending | Lender | $5 | Line of Credit | |
| 4/19/2024 | N/A | Nursing Home Operator | SLR Healthcare ABL | Lender | $9 | Revolver | To refinance existing debt and provide additional liquidity for operations |
| 4/19/2024 | RadNet | Outpatient Diagnostic Imaging Services | Barclays, et al. | Joint Lead Arrangers | $1,157 | $875MM Term Loan/$282MM Revolver | To refinance term loans, pay fees and expenses, and fund balance sheet |
| 4/22/2024 | Kent Outdoors | Outdoor Products | Eclipse Business Capital | Lender | $100 | Follows recent investments from Goldman Sachs and Comvest Partners | |
| 4/22/2024 | N/A | Auto Finance | Encina Lender Finance | Lender | $22.5 | To support growth | |
| 4/22/2024 | Kraken Robotics | Marine Technology | Bank of Nova Scotia | Lender | $45 | $35MM Revolver/$10MM Revolving Capex LOC | Also includes $10MM uncommitted LOC and $30MM accordion |
| 4/23/2024 | Danimer Scientific | Bioplastics | Mountain Ridge Capital | Lender | $20 | Revolver | For general corporate purposes and working capital needs |
| 4/24/2024 | Mountain Ridge Capital and Alpine Ridge Funding | Financial Services | Wells Fargo Capital Finance | Lender | $110 | Senior Credit Facility | To support MRC’s and ARF’s continued growth in serving the credit needs of middle-market companies |
| 4/26/2024 | Tillman Infrastructure | Wireless Communication Infrastructure | JPMorgan Chase | Arranger | $500 | Term Loan | Part of $1B financing package |
| 4/26/2024 | KBS Builders | Construction | KeyBank | Lender | $4 | Revolver | To meet working capital requirements and execute business plan |
| 4/29/2024 | N/A | Consumer Lending | Encina Lender Finance | Lender | $25 | Senior Credit Facility | For continued portfolio growth |
| 4/29/2024 | Yum! Brands | Restaurants | JPMorgan Chase | Administrative Agent | $2,000 | $1.5B Revolver/$500MM Term Loan | Refinancing |
| 4/30/2024 | N/A | Seafood Importer | Wintrust Business Credit | Lender | $25 | ABL Line of Credit | To assist with growing working capital financing needs |
| 4/30/2024 | Rocky Brands | Footwear and Apparel | Bank of America | Agent | $225 | $175MM Revolver/$50MM Term Facility | Extension and upsize for debt refinancing |
| 5/1/2024 | BrightWorks IT | IT | Aequum Capital | Lender | $6 | Senior Term Loan | |
| 5/1/2024 | N/A | Aerospace | LSQ | Lender | $20 | Accounts Receivable Credit Facility | To pay off an existing line of credit and support manufacturing growth |
| 5/1/2024 | N/A | Plastics | Accord Financial | Lender | $25 | Credit Facility | Includes a revolving line of credit, equipment term loan and equipment lease |
| 5/1/2024 | Group 1 Automotive | Automotive | U.S. Bank, et al. | Lender | $2,500 | Revolving Syndicated Credit Facility | $500MM upsize |
| 5/1/2024 | Emergent BioSolutions | Biotechnology | Wells Fargo | Administrative Agent | $200 | Revolver | $270MM downsize |
| 5/2/2024 | Entertainment | Cedar Fair | Goldman Sachs et al. | Lead Arranger | $1,300 | Credit Facility | Comprised of $1B term loan and $300MM revolving credit facility |
| 5/2/2024 | Fluent | Performance Marketing | SLR Credit Solutions | Lender | $50 | Senior Credit Facility | To refinance existing debt and to provide enhanced liquidity for general operations and growth. |
| 5/2/2024 | N/A | Digital Marketing | SLR Digital Finance | Lender | $4 | Credit Facility | To support expansion and general working capital needs |
| 5/3/2024 | Cashco Financial | Online Lending | Bastion Management | Agent | $50 | Senior Debt Investment | To refinance an existing senior lender and fund future growth of its Canadian consumer lending portfolio |
| 5/3/2024 | N/A | Medical | eCapital | Lender | $5 | Ledge Line Factoring | To ramp up inventory and receivables to meet anticipated demand. |
| 5/6/2024 | Bowman Consulting Group | Real estate, energy, infrastructure, and environmental | Bank of America and TD Bank | Administrative Agent and Syndication Agent | $100 | Revolving Credit Facility | Replaces $70 million revolving line of credit with Bank of America |
| 5/7/2024 | Quady Winery | Wine | BizCap | Lender | $17 | Term Loan & Line of Credit | $11 million term loan and a $6 million line of credit to recapitalize and refuel future strategic growth initiatives |
| 5/7/2024 | Aircraft Engine Lease Finance | Aircraft | Merchants Bank | Lender | $40 | Credit Facility | Collateralized, in part, by four of the borrow's ten A330-200s |
| 5/7/2024 | Jeeves | Financial Services | Community Investment Management | $75 | Credit Facility | Enhance the borrower’s financial product suite in its primary Latin American markets: Brazil, Colombia and Mexico | |
| 5/8/2024 | Nationwide Energy Partners | Utility | Comvest Credit Partners | Administrative Agent and Sole Lender | $70 | Senior Secured Credit Facility | Retires existing debt and support new strategic initiatives |
| 5/8/2024 | C3 Rentals | Trailers | WhiteHawk Capital Partners | Lender | $100 | Asset-Based Credit Facility | Provides incremental liquidity for continued growth and refinances existing debt |
| 5/8/2024 | The Barton Group | Garnet Abrasives | Legacy Corporate Lending | Lender | $30 | Asset-Based Credit Facility | |
| 5/9/2024 | N/A | Auto Finance | Encina Lender Finance | Lender | $20 | Senior Credit Facility | To support continued expansion |
| 5/9/2024 | N/A | Air Tools | SLR Business Credit | Lender | $28 | Credit Facility | To support expansion and increased commitment to growing energy efficient products |
| 5/10/2024 | Verona Pharma and VPI | Pharmaceuticals | Oaktree Capital Management and OMERS Life Sciences | Lenders | $650 | Strategic Financing Agreements | Up to $400 million in term loans available in five separate tranches via a term loan facility and up to $250 million in funding from the sale of a redeemable interest in future ensifentrine-related revenue |
| 5/10/2024 | Electric Hydrogen | Electrolyzers | HSBC et al. | Lenders | $100 | Credit Facility | To support manufacturing and deployment of 100MW electrolyzer plants |
| 5/10/2024 | Ramaco Resource | Metallurgical Coal | KeyBank | Lender | $200 | Revolving Credit Agreement | Amends existing credit facility, provides access to an additional $75 million through an accordion feature, extends maturity date from 2026 to 2029. |
| 5/10/2024 | N/A | Organic beverage | TAB Bank | Lender | $10 | Credit Facility | |
| 5/10/2024 | N/A | Aviation | TAB Bank | Lender | $9 | Credit Facility | |
| 5/10/2024 | N/A | Consumer packaging | TAB Bank | Lender | $5 | Credit Facility | |
| 5/10/2024 | N/A | Contracting | TAB Bank | Lender | $5 | Credit Facility | |
| 5/10/2024 | N/A | Merchandising | TAB Bank | Lender | $5 | Credit Facility | |
| 5/10/2024 | N/A | Paper product alternatives | TAB Bank | Lender | $3 | Credit Facility | |
| 5/10/2024 | N/A | Organic bone broth | TAB Bank | Lender | $2 | Credit Facility | |
| 5/10/2024 | N/A | Trucking and shipping | TAB Bank | Lender | $1 | Credit Facility | |
| 5/10/2024 | N/A | Cyber-security and brand authentication | TAB Bank | Lender | $0.75 | Credit Facility | |
| 5/13/2024 | Royal Chemical | Chemical Manufacturing | Huntington Business Credit | Lender | $38 | Credit Facilities | To refinance existing debt and provide ongoing working capital financing |
| 5/13/2024 | N/A | Sporting Goods | Eclipse Business Capital | Lender | $105.8 | Senior Secured Credit Facility | Consists of an ABL revolving line of credit and term loan; secured by accounts receivable, inventory and intellectual property rights; will refinance existing credit facilities and provide additional liquidity for working capital purposes |
| 5/13/2024 | N/A | Food and Beverage, Hotel, Agriculture, Industrial and Healthcare | eCapital | Lender | $18 | ABL Facility | Relieves immediate pressures and paves the way for sustainable recovery |
| 5/13/2024 | C3 Rentals | Trailers | WhiteHawk Capital Partners | Lender | $100 | Debt Facility | Arranged by Ankura Capital Advisors; increases liquidity, supports future working capital needs |
| 5/14/2024 | BNK Petroleum | Petroleum | BOK Financial | Lender | $10 | Revolving Line of Credit | Increases borrowing base from $40 million to $50 million |
| 5/14/2024 | Kolbri Global Energy Bank line | Energy | BOK Financial | Lender | $50 | Revolving Line of Credit | Increased from $40 million to $50 million |
| 5/14/2024 | Uniroyal Engineered Products | Fabrics | FrontWell Capital Partners | Lender | $14 | Senior Secured Credit Facility | to refinance existing debt and provide additional working capital liquidy to support Uniroyal's sales initiatives. |
| 5/14/2024 | Allied OMS and its Doctor Shareholders | Oral and maxillofacial surgery practices | Keybanc Capital Markets, BankUnited, N.A., Umpqua Bank, and First-Citizens Bank & Trust Company. | Lenders | $116 | Credit Facility | Will support their growthj and expansion across the US |
| 5/14/2024 | N/A | Optical Equipment and Corneal Topography Technology | Sallyport Commercial Finance | Lender | $2 | Financing | Comprises cash flow loans and inventory finance |
| 5/14/2024 | The Black Tux | Merchandising | Monroe Capital | Administrative Agent and Sole Lender | N/A | Senior Credit Facility | |
| 5/14/2024 | Optical Technology Business | Optomegry | Sallyport Commercial Finance | Lender | $2 | Cash flow loans and inventory finance | |
| 5/14/2024 | Charah Solutions | Enviromental Services | Siena Lending Group | Lender | $35.0 | Credit Facility | To refinance exisiting debt and provide additional working capital to support company's growth |
| 5/14/2024 | N/A | Houseware products | MidCap and Great Rock | Lenders | $140 | Senior Secured Credit Facility | Refinance existing debt and provide ongoing capital to support company's future growth objectives |
| 5/15/2024 | Apex Clean Energy | Battery Eneergy Storage Products | First Citizens Bank and Bank United | Lenders | $150 | ||
| 5/15/2024 | California Vehicle Finance Co | Vehicle Finance | Garrington Capital | Lender | $20 | Working Capital Revolver | Refinance existing debt and provide capital to grow the business |
| 5/15/2024 | N/A | Areospace and Defense Manufacturer | Aequum Capital | Lender | $5 | Revolving Credit Facility | |
| 5/15/2024 | N/A | Areospace and Defense Manufacturer | Aequum Capital | Lender | $4 | Term Loan | |
| 5/15/2024 | Apellis Pharmaceuticals | Pharmaceuticals | Sixth Street | Lender | $475 | Credit Facility | Majority of the proceeds were used to buy out existing SFJ Pharmaceuticals development liability |
| 5/16/2024 | Buyers Edge Platform | Foodservice | J.P. Morgan, General Atlantic Credit, Bank of America, Truist and Wells Fargo | Lead Arrangers and Bookrunners | $560 | Term Loan B | to refinance the existing Term Loan A and provide liquidity to employees and shareholders of Buyers Edge. |
| 5/16/2024 | Buyers Edge Platform | Foodservice | J.P. Morgan, General Atlantic Credit, Bank of America, Truist and Wells Fargo | Lead Arrangers and Bookrunners | $130 | Revolving Credit Facility | |
| 5/16/2024 | GTCR | Language | Monroe Capital | Joint Lead Arranger | N/A | Senior Credit Facility | to support GTCR's acquisition of Cloudbreak Health. |
| 5/17/2024 | Metabolon | Life Science Tools | Trinity Capital | Lender | $60 | Credit Facility | utilized to fuel the company’s growth initiatives and expand its research and development efforts to further enhance its metabolomics platform. The investment will also support the company’s global expansion plans |
| 5/20/2024 | CoreWeave | AI | Blackstone | Lead Arranger | $7.5B | Debt Financy Facility | The new financing will be used to further develop CoreWeave’s growing fleet of high-performance compute to execute existing contracts with leading enterprise customers and AI innovators. |
| 5/20/2024 | Origis Energy | Energy | KKR | Lender | $300 | Coporate Credit Facility | |
| 5/20/2024 | N/A | Lending Platform | Encina Lender Finance | Lender | $50 | Senior Credit Facility | to support its continued growth. |
| 5/20/2024 | N/A | Mining | Eclipse Business Capital | Lender | $19 | Senior Secured Credit Facility | |
| 5/21/2024 | Central Moloney | Distribution Transformers | Monroe Capital | Administrative Agent and Joint Lead Arranger | Senior Credit Facility & Equity Co-Investments | to support the acquisition of Cam Tran by Central Moloney | |
| 5/21/2024 | N/A | Cryogenic Storage and Transportation Equipment | MidCap Business Credit | Lender | $5 | Asset-Based Credit Facility | |
| 5/21/2024 | N/A | Textile Wholesaler | Mountain Ridge Capital | Lender | $15 | Senior Secured Credit Facility | supporting their acquisition and the company’s next phase of growth |
| 5/22/2024 | Capchase | Revenue Accleration Platform for SaaS | Deutsche Bank | Lender | €105MM | Credit Facility Warehouse | contributes to the more than $1 billion in combined debt and equity financing Capchase has received since its founding in 2020 |
| 5/22/2024 | MediaCo | Media | WhiteHawk Capital Partners | Lender | $45 | First Lien Term Loan | to finance an acquisition of Estrella Media’s network, content, digital and commercial operations. |
| 5/22/2024 | N/A | Transportation | Axiom Bank | Lender | $4.6 | Factoring Facility | |
| 5/23/2024 | Bain Capital Specialty Finance | Specialty Finance | Sumitomo Mitsui Banking | Administrative Agent | $200 | Revolving Credit Facility | Increased commitments to $855 million from $665 million and extended maturity date to May 18, 2029 from December 24, 2026 |
| 5/23/2024 | N/A | Trucking and Logistics | SLR Business Credit | Lender | $3 | Credit Facility | To pay off the previous lender and provide additional working capital |
| 5/23/2024 | N/A | Nursing | SLR Healthcare ABL | Lender | $3 | Asset-Based Revolving Credit Facility | To provide working capital to support growth initiatives |
| 5/23/2024 | N/A | Transportation and Logistics | Amerisource Business Capital | Lender | $16 | Revolving Credit Facility | To refinance existing bank revolver to provide greater liquidity and support for continued expansion efforts |
| 5/23/2024 | N/A | Fine Food | Cortland Credit Group | Lender | $20 | ABL Revolver | Includes a $10 million uncommitted accordion, allows borrower to increase the overall commitment to $30 million |
| 5/23/2024 | Blueberi Gaming | Slot Machines and Gaming | Citizens | Left Lead Arranger | $55 | Financing Facility | To support the rapid roll-out of industry-leading content |
| 5/23/2024 | Dealer Services Network | Private Tag Agency | Monroe Capital | Sole Lead Arranger and Administrative Agent | Senior Credit Facility | To support acquisition of Express OMV | |
| 5/24/2024 | H2O Innovation | Water | National Bank of Canada | Lead Arranger, Sole Bookrunner, Administrative Agent and Sustainability Structuring Agent | $0.03 | Revolving Credit Facility | Increase previous loan to $85,000 ($30,000 increase) |
| 5/24/2024 | Grön Holdings | Cannabis | AFC Gamma | Lender | N/A | Senior Secured Credit Facility | To expand business into new states |
| 5/24/2024 | Nationwide Energy Partners | Utility Management | Comvest Credit Partners | Administrative Agent and Sole Lender | $70 | Senior Secured Credit Facility | To retire existing debt and support new strategic initiatives |
| 5/24/2024 | Recurrent Energy | Solar and Energy | Banco Santander CIB et al. | Global Coordinator and Sole Bookrunner | $1,400 | Revolving Credit Facility | To support the near-term construction of close to 1 GW of solar capacity |
| 5/28/2024 | Cardinal Energy | Energy | Syndicate of Lenders | Lender | $200 | Credit Facilities | Extends and increases credit facilities to $200 million (previously $155 million); period and maturity date were extended to May 31, 2025 and May 31, 2026, respectively. |
| 5/28/2024 | APOLLO | Embedded Finance | Fair Capital Partners and Innovation Federal Credit Union | Lead Arranger and Agent; Lender | $13.6 | N/A | To launched FinShore, a wholly owned buy-now-pay-later subsidiary |
| 5/28/2024 | Senior Helpers | Home Care and Wellness | Comvest Credit Partners | Administrative Agent | N/A | Senior Secured Credit Facility | To support the acquisition of Senior Helpers by private equity firm Waud Capital Partners |
| 5/28/2024 | N/A | Logistics | Oxford Commercial Finance | Lender | $2.5 | Legered Line of Credit | |
| 5/28/2024 | Wyndham Hotels & Resorts | Hotel | Wells Fargo Securities | Lead Arranger | $400 | Senior Secured Term Loan | Upzised existing $1.1 billion senior secured term loan B |
| 5/29/2024 | N/A | Furniture Manufacturer | Oxford Commercial Finance | Lender | $2.5 | Asset-Based Loan | |
| 5/29/2024 | N/A | Logistics | Wintrust Receivables Finance | Lender | $3.5 | Accounts Receivable Line of Credit | Provides additional liquidity the company needs to continue its growth plans in 2024 and beyond |
| 5/29/2024 | Happy Dad Hard Seltzer & Tea | Hard Seltzers | Assembled Brands Capital | Lender | N/A | Line of Credit | To grow inventory positions, scale business month over month, further fuel fast growth and pursue more strategic partnerships in the future |
| 5/29/2024 | Lunya | Luxury Loungewear | Assembled Brands Capital | Lender | N/A | Revolving Line of Credit | To further extend marketing efforts and continue to expand inventory assortment |
| 5/29/2024 | N/A | Specialty Retail | Eclipse Business Capital | Lender | $170 | Senior Secured ABL Credit Facility | Secured by accounts receivable and inventory, to refinance the company’s existing credit facilities and provide additional liquidity for working capital purposes |
| 5/29/2024 | Group KPS and Bastion Capital | Healthcare and Investment Banking | Siena Lending Group | Lender | $20 | Credit Facility | To support the share purchase of Goli Nutrition |
| 5/29/2024 | Avathon Capital | Education and Workforce Management | Monroe Capital | Sole Lead Arranger and Administrative Agent | Senior Credit Facility and Equity Co-Investment | To support the acquisition of Summit Professional Education | |
| 5/29/2024 | Subsea Global Solutions | Underwater Welding | Brightwood Capital Advisors | Lender | N/A | N/A | Refinanced existing indebtedness |
| 5/29/2024 | CFG Merchant Solutions | Specialty Finance | Brean Capital | Exclusive Financial Advisor and Sole Placement Agent | $100 | Senior Credit Facility | Facility is expandable up to an additional $45 million, representing a total capital raise of up to $145 million |
| 5/30/2024 | ACT Entertainment | Entertainment | Comvest Credit Partners | Administrative Agent | $117 | Senior Secured Credit Facility | To refinance existing debt and support acquisitions of Spitfire Creative Technologies and Ambersphere Solution |
| 5/30/2024 | Creative Realities | Digital Signage and Media Solutions | First Merchants Bank | Lender | $5 | Credit Agreement | Implements previously-announced $22.1 million senior secured revolving credit facility with a $5 million accordion feature |
| 5/31/2024 | Peloton Interactive | Fitness | JP Morgan and Goldman Sachs | Lender | $1,350 | Holistic Refinancing | Includes $1 billion term loan facility, $350 million through an upsized private offering of convertible senior notes and a $100 million revolving credit facility |
| 5/31/2024 | N/A | Aerospace | LSQ | Lender | $3 | Accounts Receivable Credit Facility | |
| 5/31/2024 | Billhighway | Technology Solutions | Comvest Credit Partners | Administrative Agent and Sole Lender | N/A | Senior Secured Credit Facility | To refinance existing debt and support acquisition of ChapterSpot |
| 5/31/2024 | Cisco Equipment Rentals | Equipment Finance | CIT Northbridge Credit | Lender | $75 | Revolving Credit facility | To refinance and consolidate multiple existing lending facilities supporting a growth-oriented business plan |
| 6/3/2024 | N/A | Oil & Gas | Celtic Capital | Lender | $5.03 | Accounts Receivable Line of Credit and Equipment Loan | To fund the needs of newest client |
| 6/3/2024 | N/A | Consumer Products | Bank of Ann Arbor | Lender | $4.50 | Line of Credit | Collateral includes accounts receivable, inventory, equipment and real estate |
| 6/3/2024 | N/A | Fiberglass Media | eCapital | Lender | $5 | Asset-Based Lending Facility | To support future growth initiatives. |
| 6/3/2024 | N/A | Food Service / Equipment Finance | Austin Financial Services | Lender | $10 | ABL Facility, Accounts Receivable and Inventory Revolver | To refinance bank and provide ongoing working capital support to meet current sales pipeline and growth opportunities |
| 6/4/2024 | Isar Aerospace | Aerospace | ATEL Ventures | Lender | $20 | Growth Debt | To finance the purchase of state-of-the-art equipment used in the production of launch vehicles. |
| 6/4/2024 | N/A | Recreational Vehicle, Cabinetry / Residential Kitchen and Bath | Mountain Ridge Capital | Lender | $30.80 | Senior Secured Credit Facility | To refinance existing senior debt and provide working capital |
| 6/5/2024 | Lenders Funding | Asset-Based Lending | California Bank | Lender | N/A | Senior Secured Line of Credit | |
| 6/5/2024 | Lendbuzz | FinTech | MUFG | Lender | $100 | Credit Facility | To fuel continued loan origination growth |
| 6/6/2024 | The Smilist Management | Dental | Monroe Capital | Joint Lead Arranger | N/A | Senior Credit Facility | To support continued growth |
| 6/6/2024 | XS Financial | Specialty Finance | Needham Bank | Lender | $70 | Line of Credit | Amended and upsized its current $54 million line of credit |
| 6/6/2024 | restor3d | Medical Devices | Trinity Capital | Lender | $15 | Growth Capital | To continue product innovation and expansion into new markets. |
| 6/6/2024 | VOSKER | Surveillance | Royal Bank of Canada | Sole Lead and Bookrunner and Administrative Agent | $125 | Senior Debt Financing | To recapitalize debt structure and for future growth initiatives. |
| 6/7/2024 | Freddy’s Frozen Custard & Steakburgers | Food | Golub Capital | Administrative Agent, Lead Arranger and Sole Bookrunner | N/A | Unitranche Facility | Composed of a term loan and a revolver, to support Thompson Street Capital Partners’ refinancing of existing first lien credit facility |
| 6/7/2024 | PennantPark Floating Rate Capital | Financial Services | Truist Bank | Lender | $175 | Credit Facility | Upsized credit facility to $611 million from $436 million |
| 6/7/2024 | N/A | Cloud Services | InterNex Capital | Lender | $4 | Line of Credit | To accommodate growth opportunities |
| 6/10/2024 | Applied Digital | Digital Infrastructure | CIM Group | Lender | $200 | Private Financing | Includes an accordion feature that allows for up to an additional $75 million of borrowings |
| 6/10/2024 | Dresser Utility Solutions | Infrastructure Technology | Blue Owl Capital | Lender | $335 | Credit Facility | To support ongoing capital needs, fund strategic acquisitions and general corporate purposes |
| 6/11/2024 | Natural Gas Services | Gas | Texas Capital Bank | Lender | $75 | Credit Facility | Expansion of existing credit facility to increase the committed borrowing capacity to $300 million |
| 6/11/2024 | Osisko Development | Mining | National Bank of Canada | Lender | $50 | Delayed Draw Term Loan | Extends and amends current agreement |
| 6/11/2024 | Signal 88 | Security | Monroe Capital | Lead Arranger and Administrative Agent | N/A | Senior Credit Facility | To support growth |
| 6/12/2024 | ExchangeRight | Real Estate | Wells Fargo | Lender | $75 | Revolving Line of Credit | May be increased to $400 million upon request, subject to receipt of commitments for the increased amount |
| 6/12/2024 | GA Telesis | Aviation | HSBC Bank and Fifth Third Bank | Joint Lead Arrangers | $50 | Credit Facility | Upsized to $275 million |
| 6/12/2024 | N/A | N/A | Wintrust Business Credit | Lender | $11 | Line of Credit | To support client acquisition of a Minnesota-based distributer of premium fresh seafood |
| 6/12/2024 | Pipe | Funding | Victory Park Capital | Lender | $100 | Credit Facility | To support capital-as-a-service solution |
| 6/12/2024 | WhiteHawk Capital Partners | Private Credit Investment | First Citizens Bank | $400 | Combined Financing | To facilitate the investments of WhiteHawk Fund IV and WhiteHawk Evergreen Fund. | |
| 6/12/2024 | Seismic | Sales Enablement | PNC Bank | Administrative Agent and Collateral Agent | $500+ | Senior Secured Credit Facility | For strategic growth initiatives and working capital needs |
| 6/13/2024 | Several New Portfolio Companies | Consumer Packaged Goods | Dwight Funding | Lender | $22.5 | Lines of Credit and Revolver | Includes 3 deals |
| 6/13/2024 | N/A | Artisanal Baked Goods | SLR Business Credit | Lender | $7.50 | Credit Facility | To bolster working capital and facilitate further expansion |
| 6/13/2024 | Haveli Investments | Private Equity | Monroe Capital | Sole Lead Arranger and Administrative Agent | N/A | Senior Credit Facility | To support the acquisition of ZeroFox |
| 6/14/2024 | National Carwash Solutions | Car Wash | Oak Hill Advisors | Administrative Agent and Lead Left Arranger | $500 | Unitranche Facility | Consists of a unitranche term loan, delayed draw term loan and revolver, used primarily to refinance the company’s existing debt |
| 6/14/2024 | Mad Mobile | Restaurant and Retail | Morgan Stanley Expansion Capital and Bridge Bank | Lenders | $50 | Financing Agreement | To amplify the expansion of SaaS and payment technologies, refinance existing debts and propel sales growth |
| 6/14/2024 | Conifex Timber | Forestry | PenderFund Capital Management | Lender | $25 | Secured Term Loan | To repay and retire existing lumber segment credit facility |
| 6/14/2024 | White Oak Commercial Finance | Commercial Finance | Wells Fargo Bank | Lender | $1,100 | Credit Facility | Increases capital that can be invested in ABL |
| 6/17/2024 | N/A | Life Sciences | Austin Financial Services | Lender | $2.50 | ABL Facility | To provide working capital and support for long-term growth plans |
| 6/17/2024 | Cranberry Point Energy Storage project | Energy Storage | First Citizens Bank | Coordinating Lead Arranger | $133 | Financing | N/A |
| 6/18/2024 | Stellex Capital Management | Private Equity | Huntington Business Credit | Administrative Agent | $70 | Credit Facilities | To support acquisition of The James Skinner, fund expansion growth and ongoing working capital financing |
| 6/18/2024 | Specialized Packaging Group | Packaging Solutions | Monroe Capital | Administrative Agent and Joint Lead Arranger | N/A | Senior Credit Facility | To support acquisition of Clark Foam |
| 6/18/2024 | Sparkstone Electrical Group | Power Distribution | Encina Private Credit | Administrative Agent | N/A | Senior Secured Credit Facility | To refinance existing capital structure and provide growth capital; consists of revolver, term loan and delayed draw term loan tranches |
| 6/18/2024 | N/A | Civil Engineering | InterNex Capital | Lender | $5 | Revolving Line of Credit | N/A |
| 6/19/2024 | Network Wireless Solutions | Cable | CIT NorthBridge | Lender | $35 | Revolving Line of Credit | N/A |
| 6/19/2024 | Nabors Industries | Drilling Technology | Citibank et al. | Lender | $475 | Secured Credit Facility | Comprised of $350 million for revolving credit and $125 million for letters of credit; replaces prior $350 million secured credit facility |
| 6/19/2024 | N/A | Apparel | Mountain Ridge Capital | Lender | $20 | Senior Secured Credit Facility | Provides additional liquidity and structural flexibility |
| 6/19/2024 | TravelPerk | Travel | Blackstone Credit & Insurance and Blue Owl Credit | Lender | $135 | Credit Facility | N/A |
| 6/19/2024 | Hecate Grid | Energy | MUFG | Lender | $125 | Letter of Credit Facility | To finance interconnection and offtake security |
| 6/19/2024 | ZRG | Talent Advisory | Main Street Capital | Lender | $120 | Debt Facility | Bolster growth initiatives |
| 6/20/2024 | Zilch | Payments Network | Deutsche Bank | Lender | £100 ($127.1) | Securitized Debt Financing | To grow business and accelerate ability to create and launch new products for a broader base of customers |
| 6/20/2024 | Talkiatry | Psychiatric | Banc of California | Lender | N/A | Debt Financing | Fuel continued expansion |
| 6/20/2024 | N/A | Printing, marketing and logistics | Aequum Capital | Lender | $30 | Credit Facilities | Provides additional liquidity and structural flexibility |
| 6/20/2024 | Superior USA Waste | Waste | Monroe Capital | Sole Lead Arranger and Administrative Agent | Senior Credit Facility | To support the acquisitions of Shawnee Dumpster Services and Sue’s Recycling & Sanitation | |
| 6/21/2024 | K92 Mining | Mining | Trafigura | Lender | $120 | Credit Facilities | Two separate facilities, replaces previous loan agreement |
| 6/21/2024 | Kap Paper | Printing | N/A | Lender | $24 | Term Loan Facility | For general working capital purposes |
| 6/21/2024 | Credit Acceptance | Credit | N/A | Lender | $550 | Asset-Backed Non-Recourse Secured Financing | To repay outstanding indebtedness and for general corporate purposes |
| 6/24/2024 | Aegeus Group | Energy, Defense and Aerospace | Gibraltar Business Capital | Lender | N/A | ABL Facility | Secured by accounts receivable |
| 6/24/2024 | Ribbon Communications | Communications Technology | HPS Investment Partners and WhiteHorse Capital | Joint Lead Arrangers and Bookrunners | $385 | Senior Secured Credit Facility | Comprised of a $350 million term loan and a $35 million revolving credit facility |
| 6/24/2024 | Celestica | Supply Chain Solutions | Bank of America | Administrative Agent | $1,500 | Senior Secured Credit Agreement | Amended existing senior secured credit agreement |
| 6/25/2024 | Wizeline | AI | MidCap Financial | Lender | $20 | Senior Secured Credit Facility | Support growth and ongoing working capital needs |
| 6/25/2024 | Security Services | Security | Monroe Capital | Sole Lead Arranger and Administrative Agent | N/A | Senior Credit Facility | To support the acquisition of Summit Off Duty Services |
| 6/25/2024 | Horizon Technology Finance | Life Sciences and Technology | N/A | Lender | $100 | Credit Facility | Capacity under the credit facility may be increased to $200 million |
| 6/25/2024 | West Marine | Marine | Eclipse Business Capital | Lender | $150 | Credit Facility | Support strategic evolution and long-term growth |
| 6/25/2024 | NeueHealth | Healthcare | Hercules Capital | Lender | $150 | Secured Loan Facility | To support strategic priorities in 2024 and beyond |
| 6/26/2024 | Oats Overnight | Oatmeal | Ares Commercial Finance | Lender | N/A | Senior Secured Revolving Line of Credit | To refinance existing debt and for ongoing working capital support |
| 6/26/2024 | Euroseas | Shipping | First Citizens Bank | Lender | $22 | Senior Secured Loan | For the financing for a newbuild 2,800 TEU Eco containership. |
| 6/26/2024 | Arizona Athletic Grounds | Sports and Entertainment | WhiteHawk Capital Partners | Lender | $20 | Credit Facility | To further expand products and services offered to athletes and sports enthusiasts |
| 6/27/2024 | Lafayette Square USA | Business Development | ING Capital | Lender | N/A | Hybrid Credit Facility | To support direct lending activities, with a primary focus on first lien senior secured loans |
| 6/28/2024 | Helios Technologies | Motion and Electronic Controls | PNC Bank | Administrative Agent | $100 | Credit Facility | Upsize and extend existing credit facility |
| 6/28/2024 | Slide Insurance | Insurance | Regions Bank | Administrative Agent, Joint Lead Arranger and Joint Bookrunner | $175 | Senior Credit Facility | To refinance a bilateral senior credit facility and to provide incremental capital |