Bank of America provided an $80 million senior secured asset-backed credit facility and TCW Asset Management provided a $130 million term loan facility to support footwear manufacturer Rocky Brands’ acquisition of the performance and lifestyle footwear business of Honeywell International.
Ares Commercial Finance provided a $100 million senior secured revolving line of credit to Pace Industries, an entity owned by funds and accounts managed by TCW Asset Management Company and by affiliated funds and accounts of Cerberus Capital Management.
Corcentric secured a $200 million senior credit facility, consisting of a $150 million revolver from Bank of America and JPMorgan Chase and a $50 million term loan from TCW Asset Management.
Angie’s List announced it entered into a new $85 million credit agreement to provide increased financial flexibility for investments in growth. TCW Asset Management Company served as administrative and collateral agent.