LENDER(S) & ROLE
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BORROWER / INDUSTRY
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AMOUNT*
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STRUCTURE & NOTES
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QIV 2005 Transactions
|
Bank of America Business Capital
Lead
|
Gerdau Ameristeel Corporation
Producer/Steel
|
$650.0
|
Revolver
Banc of America Securities: co-lead arranger & co-book manager |
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|
Deutsche Bank/J.P. Morgan Securities
Joint Lead Arrangers
|
Coinmach Corporation
Provider/Laundry Services
|
$645.0
|
$75MM Revolver/$570MM Term Loan
Refinances $230MM existing term debt
|
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J.P. Morgan Securities/Citigroup Global Markets
Co-Arrangers
|
Maytag Corporation
Manufacturer/Home Appliances
|
$600.0
|
Revolver
Five-year term; replaces existing $300MM facility
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JP Morgan Chase/Citigroup
Co-Leads
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Maytag Corporation
Manufacturer/Appliances
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$600.0
|
Revolver
Replaces an unsecured $300MM facility |
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J.P. Morgan Securities/Citigroup
Co-Leads
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Whirlpool Corp.
Manufacturer/Household Appliances
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$500.0
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Revolver
Replaces $1.2B revolver |
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JPMorgan Securities/Goldman Sachs
Co-Leads
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Compass Minerals Group, Inc.
Distributor/Minerals
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$475.0
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$125MM Revolver/$350MM Term Loan
Participants incl: Caylon New York Branch, Bank of America & Bank of Nova Scotia |
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Citigroup Global Markets
Lead
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Polymer Group, Inc.
Manufacturer/Engineered Products
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$455.0
|
$45MM Revolver/$410MM Term Loan
Will repay outstanding debt under previous credit facility
|
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JPMorgan Securities/RBS Securities
Co-Leads
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Hanover Compressor Company
Provider/Oil & Gas Compression Services
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$450.0
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Revolver
Participants incl: JPMorgan Chase, admin agent; Royal Bank of Scotland, syndication agent |
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UBS Loan Finance/UBS Securities/BofA/BofA Securities
Co-Leads
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Knoll, Inc.
Manufacturer/Office Furniture
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$450.0
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$200MM Revolver/$250MM Term Loan
Five-year term/Seven-year term |
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Goldman Sachs Credit Partners
Lead
|
Day International Group, Inc.
Manufacturer/Textiles
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$415.0
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$25MM Revolver/$390MM Term Loan
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JPMorgan Chase
Admin. Agent
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NVR Inc.
Provider/Homebuilding & Mortgage Services
|
$400.0
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Revolver
Participants incl: U.S. Bank, SunTrust, Wachovia, AmSouth, Comerica, Calyon and Mizuho Corporate Bank |
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BNP Paribas
Lead
|
Eagle Energy Partners I, LP
Provider/Natural Gas
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$400.0
|
$200MM Revolver/$200MM Cash & Carry/Contango
Replaces an existing $125MM one-year revolver |
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Bank of America
Lead
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Resun Corporation
Provider/Modular Solutions
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$350.0
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Revolver
Equity capital provided by Fremont Partners & ABS Capital |
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JPMorgan Chase
Admin Agent
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Morris Publishing Group LLC
Provider/Publishing Services
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$350.0
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Revolver
Partcipants incl: Keybank, Suntrust, Wachovia, BofA, GE Capital, Comerica, US Bank and others |
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GE Global Media & Communications
Admin Agent
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NextMedia Operating, Inc.
Provider/Media Services
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$335.0
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Revolver
GE Capital Markets also participated |
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JP Morgan Securities/Citicorp
Co-Leads
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Visteon Corporation
Supplier/Automotive Technology Systems
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$300.0
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Term Loan
Replaces $300MM short-term secured revolver |
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Banc of America Securities/Royal Bank of Scotland
Co-Leads
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Willis Group Holdings, Inc.
Provider/Risk Management Services
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$300.0
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Revolver
BofA & RBS lead a syndicate of 14 banks |
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Citigroup Global Markets/Wachovia Capital Markets
Co-Lead Arrangers
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EDO Corporation
Manufacturer/Defense Products
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$300.0
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Revolver/Letter of Credit Facility
Citicorp: Admin Agent; Wachovia: Syndication Agent; Bank of America: Documentation Agent
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Goldman Sachs
Lead
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Intermet Corporation
Manufacturer/Alumninum Castings
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$285.0
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Revolver
In connection with Intermet's exit from Chapter 11
|
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GE Commercial Finance
Lead
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Rush Enterprises, Inc.
Dealer/Trucks
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$280.0
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Revolver
Facility used to purchase inventory for Rush Truck Centers |
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Bank of America Business Capital
Lead
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Icon Health & Fitness Inc.
Manufacturer/Home Health Equipment
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$250.0
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Revolver
Back Bay Capital also provided a $40MM second lien term loan |
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Merrill Lynch Capital
Lead
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COMSYS IT Partners Inc.
Provider/IT Outsourcing Services
|
$230.0
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$120MM Revolver/$10MM Senior Term Loan/$100MM Junior Term Loan
Revolver & junior term loan: five-year term; senior term loan: two-year term |
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The Royal Bank of Scotland
Lead
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Arlington Tankers Ltd.
Transporter/Oil & Petroleum Products
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$229.0
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Term Loan
Refinances existing $135MM debt facility with syndicate led by Fortis Bank |
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Merrill Lynch Capital
Lead/Admin Agent
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Infinity Associates LLC & Perseus LLC
Private Equity Groups
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$217.0
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$167MM First Lien/$50MM Second Lien
Supports acquisition of Haggar Corporation |
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Bank of America
Lead
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Alpharma Inc.
Provider/Pharmaceutical Services
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$210.0
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$175MM Revolver/$35MM Term Loan
Replaces existing facility
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Banc of America Securities
Lead
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Integra LifeSciences Holdings
Manufacturer/Medical Devices
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$200.0
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Revolver
Five-year term |
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Wachovia Bank/Wachovia Capital Markets
Co-Leads
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The Pep Boys
Retailer/Auto Parts
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$200.0
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Term Loan
Proceeds will repay $143MM in oustanding medium term notes |
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Sun Trust Bank
Lead
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JLG Industries Inc.
Manufacturer/Work Platforms
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$200.0
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Revolver
Five-year term; syndicate comprised of 12 banks |
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Guggenheim Corporate Funding
Administrative Agent
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Quest Resource Corporation
Producers/Oil & Gas
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$200.0
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$50MM Revolver/$50MM First Lien Term Loan/$100MM Second Lien Term Loan
Five-year term; five-year term; six-year term, respectively |
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Bof A Securities
Lead
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CNL Hotels & Resorts, Inc.
Provider/Hotel Services
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$200.0
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Revolver
Bank of America served as administrative agent |
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Barclays Capital/BNP Paribas
Co-Leads
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Apex Silver Mines Limited
Developers/Mining & Exploration
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$175.0
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Revolver
Andean Development Corporation also provided a $50MM revolver |
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GE Capital Markets
Lead
|
SBA Communications Corp.
Operator/Wireless Communications Services
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$160.0
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Revolver
Participants incl: GE Comm'l Finance, TD Securities, Deutsche Bank & Lehman Commercial Paper |
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Bank of Nova Scotia
Lead
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Pre-Paid Legal Services Inc.
Marketer/Pre-Paid Legal Service Contracts
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$160.0
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$10MM Revolver/$150MM Term Loan
Refinances approimately $30MM in existing debt |
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J.P. Morgan Securities/Citigroup
Co-Leads
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Ralcorp Holdings, Inc.
Producer/Store Brand Foods
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$150.0
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Revolver
Participants incl: Citibank, Wachovia, U.S. Bank, SunTrust & PNC |
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JPMorgan Securities
Lead
|
Griffon Corporation
Developer/Specialty Plastics
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$150.0
|
Revolver
Partcipants incl: BofA, HSBC, US Bank, North Fork Bank, Manufacturers & Traders Trust |
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Merrill Lynch Commercial Finance
Lead
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AMERCO Inc.
Owner/U-Haul International
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$150.0
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Term Loan
Finances new truck purchases |
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GE Commercial Finance/Morgan Stanley Senior Funding
Co-Leads
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Pliant Corporation
Producer/Packaging Products
|
$140.0
|
Revolver
Replaces existing $105MM revolver |
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GE Commercial Finance
Lead
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Vertis Inc.
Provider/Media Services
|
$130.0
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Revolver
Three-year term; replaces existing facility |
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|
CIT Group
Lead
|
Friedman's, Inc.
Retailer/Jewelry
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$125.0
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Revolver
Five-year term; exit financing |
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J.P. Morgan Chase Bank
Lead
|
IDT Entertainment Inc.
Producers/Animated Entertainment Programs
|
$125.0
|
Revolver
Loans secured by computer generated films produced by IDT |
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LaSalle Business Credit
Lead
|
Di Giorgio Corporation
Distributor/Food
|
$115.0
|
Revolver
Wachovia Bank served as syndication agent |
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Wachovia Bank
Lead
|
Bradley Pharmaceuticals, Inc.
Manufacturer/Prescription Drugs
|
$110.0
|
$30MM Revolver/$80MM Term Loan
Replaces existing $125MM facility |
|
|
Bank of America
Lead
|
Radiation Therapy Services, Inc.
Provider/Radiation Therapy
|
$100.0
|
Term B Loan
Participants incl: LaSalle, Wachovia, Fifth Third, SunTrust and National City Bank, among others |
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CapitalSource Finance
Lead
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Sun Healthcare Group Inc.
Provider/Healthcare Services
|
$100.0
|
Revolver
Facility is expandable to $150MM |
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Wachovia Securities
Lead
|
Le-Nature's Inc.
Producer/Flavored Beverages
|
$100.0
|
Term Loan B
Proceeds will be used to repay oustanding debt under existing revolver |
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Bank of America, Wachovia Capital Finance
Co-Leads
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Amkor Technology, Inc.
Supplier/Packaging Services
|
$100.0
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Revolver
Replaces prior $30MM revolver |
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Wachovia Capital Markets
Lead
|
Platinum Underwriters Holdings Ltd.
Provider/Insurance Coverages
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$100.0
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Revolver
Three-year term |
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Union Bank of California
Lead
|
Cano Petroleum, Inc.
Producer/Energy
|
$100.0
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Revolver
Initial borrowing availability of $30MM; four-year term |
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JP Morgan Chase
Lead
|
Invacare Corporation
Manufacturer/Medical Products
|
$100.0
|
Accounts Receivable Facility
One-year term |
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Bank of America
Lead
|
Marsh Supermarkets, Inc.
Operator/Supermarket Chain
|
$95.0
|
Revolver
Five-year term |
|
|
JPMorgan Chase Bank
Lead
|
OSI Pharmaceuticals Inc.
Developer/Oncology Products
|
$75.0
|
Revolver
Facility will be syndicated |
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LaSalle Business Credit
Admin Agent
|
Enesco Group, Inc.
Manufacturer/Gifts & Collectibles
|
$75.0
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Revolver
Replaces existing facility with BofA & LaSalle |
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PNC Bank
Lead
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Broadwing Communications LLC
Provider/Data, Voice & Media Solutions
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$75.0
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Revolver
Co-arranged by Jefferies Babson Finance |
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Wells Fargo Bank
Agent
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Keystone Automotive Industries
Distributor/Automotive Products
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$75.0
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Revolver
JP Morgan Chase also participated |
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Capstone Business Credit
Lead
|
BVI Precision Materials
Provider/Industrial Materials
|
$66.5
|
$60MM A/R/$6.5MM Bridge Loan
Two-year term |
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GE Commercial Finance
Lead
|
The Rowe Companies
Manufacturer/Furniture
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$60.0
|
$50MM Revolver/$10MM Tranche B
Refinances existing debt |
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Merrill Lynch Capital
Lead
|
Hudson Products Corporation
Manufacturer/Heat-Transfer Equipment
|
$60.0
|
Revolver
Supports Hudson Products Corporation's recapitalization |
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Scotia Capital
Lead
|
Gammon Lake Resources, Inc.
Provider/Mineral Resources
|
$60.0
|
$20MM Revolver/$40MM Non-Revolver
Three-year/two-year term |
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Citizens Business Capital
Lead
|
Gerber Scientific Inc.
Supplier/Manufacturing Systems
|
$57.7
|
$50MM Revolver/$1.2MM Term Loan/$6.5MM Letter of Credit
Participants incl: Sovereign Bank, US Export-Import Bank |
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|
GE Commercial Finance
Lead
|
Levitz Home Furnishings, Inc.
Retailer/Home Furnishings
|
$55.0
|
Revolver
Prentice Capital Mangement is providing an additional $50MM in funding |
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GE Capital
Lead
|
Black Warrior Wireline Corp.
Provider/Well Drilling Services
|
$50.0
|
Revolver
Used in conjunction with a $12.5MM junior term loan from Monroe Capital |
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BNP Paribas/Citibank Texas
Co-Leads
|
Parallel Petroleum Corporation
Providers/Oil & Gas
|
$50.0
|
Term Loan
Proceeds used to reduce existing senior revolver by $25.7MM |
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Wachovia Capital Markets
Lead
|
Government Properties Trust Inc.
|
$50.0
|
Revolver
Replaces $50MM facility; other participants incl: Wachovia Bank & First National Bank of Omaha |
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Merrill Lynch
Structuring Agent
|
Regent Entertainment
Distributor/TV & Theatrical Motion Pictures
|
$50.0
|
Revolver
Funds to specifically be used for prints & ads |
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GE Healthcare Financial Services
Lender
|
Concentra Operating Corporation
Provider/Occupational Healthcare Services
|
$47.0
|
Revolver/Term Loan
Refinances existing debt; part of $675MM financing package |
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Wachovia Bank
Lead
|
Emerson Radio Corp.
Designer/Video Products
|
$45.0
|
Revolver
Financing includes a letter of credit facility |
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Castle Pines Capital
Lead
|
I-Sector Corporation
Provider/IP Solutions
|
$40.0
|
Revolver
Funds working capital requirements |
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GE Healthcare Financial Services
Lead
|
Formation Capital Health Care
Investor/Equity in Senior Housing
|
$40.0
|
Revolver
Five-year term |
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GE Global Media & Communications
Lead/Admin Agent
|
NRG Media LLC
Operator/Radio Stations
|
$40.0
|
Revolver
Refinances existing debt |
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NewStar Financial
Lead
|
Wilks Broadcast Group LLC
Provider/Radio Broadcasting Services
|
$40.0
|
$5MM Revolver/$35MM Term Loan
Supports acquisition of eight radio stations; five-year terms |
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GE Healthcare Financial Services
Lead
|
UHS-Pruitt Corporation
Provider/Long-Term Care
|
$40.0
|
Revolver
Financing allows UHS-Puritt to consolidate eight nursing facilities under one lender |
|
|
Bank of America Business Capital
Lead
|
Lion Copolymer LLC
Producer/Industrial Chemicals
|
$35.0
|
Revolver
Financing used to acquire assets of Styrene Butadiene Rubber |
|
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NewStar Financial
Lead
|
Bayview Financial Group, Inc.
Provider/Real Estate Services
|
$35.0
|
Revolver
Refinances existing debt |
|
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BNP Paribas
Lead/Admin Agent
|
Goodrich Petroleum
Producer/Gas & Oil
|
$30.0
|
Term Loan
Other lenders incl: Comerica Bank, Harris Nesbit Financing |
|
|
CIT Group
Lead
|
National Renal Alliance LLC
Provider/Healthcare Services
|
$30.0
|
Revolver
|
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GE Healthcare Financial
Lead
|
Royal Senior Care Inc.
Operator/Senior Housing Communities
|
$29.2
|
Revolver
|
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Comerica Bank
Lead
|
OnFiber Communications, Inc.
Provider/Internet Networks
|
$25.0
|
Revolver
Repays existing senior debt |
|
|
Capstone Business Credit
Lead
|
Milmar Food Group LLC
Manufacturer/Frozen Foods
|
$23.0
|
$14MM A&R/$9MM POF
Two-year term |
|
|
Wells Fargo Foothill
Lead
|
SumTotal Systems
Provider/Learning & Business Performance Technologies
|
$22.5
|
$5MM Revolver/$17.5MM Term Loan
Finances acquisition on Pathlore Software |
|
|
Medical Capital
Lead
|
SMB King Properties, Inc.
Provider/Property Mangement Services
|
$22.0
|
Acquisition Financing
Funds SMB's purchase of Castle Hill Retirement Village |
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|
PNC Bank
Lead
|
CompuDyne Corporation
Provider/Security Products
|
$20.0
|
Revolver
Three-year term |
|
|
GE Healthcare Financial Services
Lead
|
Amphastar Pharmaceuticals, Inc.
Manufacturer/Generic & Specialty Pharmaceuticals
|
$20.0
|
Term Loan
Proceeds will be used to finance new equipment |
|
|
Comerica Bank
Lead
|
Pac-West Telecomm, Inc.
Provider/Communication Services
|
$20.0
|
$5MM Revolver/$15MM Term Loan
Supports expansion plans |
|
|
GE Healthcare Financial Services
Lead
|
Kaleida Health, Inc.
Provider/Healthcare Services
|
$20.0
|
Revolver
Renews existing facility; three-year term |
|
|
PNC Business Capital
Lead
|
American Shipping Company Inc.
Provider/Logistics Services
|
$15.0
|
Revolver
Supports working capital needs |
|
|
GMAC Retail Finance Group
Lead
|
Popular Club Plan Inc.
Producers/Catalogs
|
$15.0
|
Revolver
Refinances existing debt |
|
|
Energy Components SPC
Lead
|
Cano Petroleum Inc.
Producer/Crude Oil
|
$15.0
|
Term Loan
Five-year term |
|
|
KeyBank
Lead
|
Dialysis Corporation of America
Operator/Hemodialysis Centers
|
$15.0
|
Revolver
Three-year term |
|
|
GMAC CF, Retail Finance Group
Lead
|
BC Sports Collectibles, Inc.
Retailer/Sports Memorabilia
|
$15.0
|
Revolver
|
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|
National City Business Credit
Lead
|
Blonder Tongue Laboratories Inc.
Manufacturer/Broadband Systems
|
$13.5
|
$10MM Revolver/$3.5MM Term Loan
Refinances existing debt with Commerce Bank |
|
|
NewStar Financial
Lead
|
Clearview Capital LLC
Private Equity Investor
|
$12.5
|
$1.5MM Revolver/$11MM Term Loan
Five-year terms; supports Clearview's acquisition of Senior Care Centers of America |
|
|
LSQ Funding Group
Lead
|
Tri-S Security Corporation
Provider/Guard Services
|
$11.2
|
$6MM Revolver/$5.2 Term Loan
Funds Tri-S's acquisition of The Cornwall Group's outstanding capital stock
|
|
|
LaSalle Bank
Lead
|
Reinhold Industries, Inc.
Manufacturer/Molding Compounds
|
$10.0
|
$4.5MM Revolver/$5.5MMTerm Loan
Term loan has four-year term |
|
|
Wachovia Bank
Lead
|
US LEC CP
Provider/Telecommunications Services
|
$10.0
|
Revolver
|
|
|
Wells Fargo Bank
Lead
|
Natus Medical, Inc.
Manufacturer/Medical Devices
|
$10.0
|
Revolver
Funds Natus's acqusition of Bio-logic Systems
|
|
|
Merrill Lynch Capital
Lead
|
MED3000 Group Inc.
Provider/Healthcare Management Services
|
$9.0
|
Revolver
|
|
|
PNC Business Credit
Lead
|
Two Chefs on a Roll, Inc.
Manufacturer/Custom Food
|
$6.2
|
Revolver/Term Loan
|
|
|
Chemical Bank
Lead
|
Segmentz, Inc.
Provider/Transportation Services
|
$6.0
|
Revolver
Two-year term |
|
|
Mercantile Business Credit
Lead
|
Industrial Enterprises of America, Inc.
Marketer/Refrigerants
|
$5.0
|
Revolver
Replaces existing credit line |
|
|
NewStar Financial
Lead
|
Strong Capital Funding - 2005, LP
Servicer/Surplus Railroad Assets
|
$5.0
|
Revolver
Eight-year term |
|
|
Sovereign Bank, Asset Based Lending
Lead
|
Halsted Corporation
Manufacturers/Textile Packaging
|
$5.0
|
Revolver
Repays existing senior debt |
|
|
Wells Fargo Business Credit
Lead
|
Geerlings & Wade, Inc.
Marketer/Wine
|
$5.0
|
Revolver
Three-year term; restructures existing debt |
|
|
Medical Capital
Lead
|
Strategic Governmental Solutions, Inc.
Provider/Medicaid Contracting Services
|
$2.5
|
Revolver
Funds include an intitial purchase and weekly advances |
|
|
MidCap Business Credit
Lead
|
RAB Communications, Inc.
Contractor/Telecommunications Services
|
$1.5
|
Revolver
Provides additional working capital |
|
|
MidCap Business Credit
Lead
|
Tallan, Inc.
Provider/Technology Solutions
|
$1.0
|
Revolver
Provides additional working capital |
|
|
|
QIII 2005 Transactions
|
Bank of America Business Capital/Deutsche Bank Securities
Co-Leads
|
Williams Scotsman Inc.
Marketer/Storage Equipment
|
$650.0
|
$550MM Revolver/$150MM Term Loan
Bank of America also provided letters of credit
|
|
|
Bank of Nova Scotia/Bank of Montreal
Co-Leads
|
Mega Bloks Inc.
Manufacturer/Toy Block Sets
|
$650.0
|
Revolver
Funds acquisition of Rose Art Industries & Warren Industries
|
|
|
Wachovia Bank
Lead
|
Gray Television, Inc.
Provider/News & Entertainment Services
|
$600.0
|
Revolver
Portion of facility used to acquire NBC affiliate WSAZ-TV |
|
|
Lehman Brothers
Lead
|
Key Energy Services, Inc.
Provider/Oil Wells & Lease Services
|
$547.3
|
$65MM Revolver/$400MM Term Loan B/$82.3MM Synthetic Letter of Credit
Wells Fargo Foothill serves as admin. agent for revolver & letters of credit
|
|
|
Goldman Sachs/Lehman Bros.
Co-Leads
|
IPC Acquisition Corp.
Provider/Communications Solutions
|
$485.0
|
$50MM revolver/$310MM First Lien Term Loan/$125MM Second Lien Term Loan
Participants incl: GE Capital (admin agnet), CIT & Heritage Bank (doc. agents)
|
|
|
UBS Securities/Bank of America/Banc of America Securities
Co-Leads
|
Knoll, Inc.
Designer/Office Furniture Products
|
$450.0
|
Revolver/Term Loan
Participants incl: GE Capital (admin agnet), CIT & Heritage Bank (doc. agents)
|
|
|
JPMorgan Chase Bank
Admin. Agent
|
USEC Inc.
Supplier/Enriched Uranium Fuel
|
$400.0
|
Revolver
Participants incl: Merrill Lynch Capital, Goldman Sachs, Wachovia, GMAC & CIT
|
|
|
GE Capital Corp./UBS
Co-Leads
|
Behrman Capital
Private Equity Firm
|
$307.5
|
$195MM Term Loan/ $77.5MM Second-Lien/$35MM Revolver
Supports recapitalization of ILC Industries
|
|
|
KeyBank/Calyon New York Branch
Co-Leads
|
Crown Castle International
Operator/Shared Wireless Infrastructure
|
$275.0
|
Revolver
Partcipants incl: Royal Bank of Scotland, Morgan Stanley & Lehman Bros. |
|
|
JPMorgan Chase
Lead
|
CSK Auto, Inc.
Supplier/Auto Parts
|
$250.0
|
Revolver
Facility is expected to be increased by additional $75MM |
|
|
Morgan Stanley Senior Funding/GE Commercial Finance/Wells Fargo Foothill
Co-Leads
|
New World Pasta Company
Manufacturer/Dry Pasta
|
$240.0
|
Revolver
Used to finance company's exit from Chapter 11
|
|
|
Banc of America Securities
Lead
|
First Advantage Corporation
Provider/Risk Mitigation Services
|
$225.0
|
Revolver
Five-year term |
|
|
Bank of America/Banc of America Securities
Co-Leads
|
Technitrol, Inc.
Manufacturer/Electrical Components
|
$200.0
|
Revolver
Supports LK Products Oy acquisition |
|
|
PNC
Lead
|
Bank Blair Corporation
Marketer/Apparel & Home Products
|
$200.0
|
Revolver
Financing will fund Blair's self-tender offer
|
|
|
CIT Group/Commercial Services
Lead
|
G-III Apparel Group Ltd.
Manufacturer/Outerwear & Sportswear
|
$195.0
|
$165MM Revolver/$30MM Term Loan
Funds acquisition of Marvin Richards and Winlit
|
|
|
GE Global Media & Communications
Lead
|
PrairieWave Communications, Inc.
Provider/Broadband Communications
|
$170.0
|
$10MM Revolver/$120 Term Loans/$40MM Second Lien Loan
Funds acquistion of Black Hills FiberCom
|
|
|
Wells Fargo
Lead
|
The Scoular Company
Marketer/Grain, Feed & Food Ingredients
|
$160.0
|
Revolver
Participants: BofA, CoBank, Farm Credit Services, First National Bank of Omaha, LaSalle Bank National Association & Societe Generale
|
|
|
Freeport Financial LLC
Lead
|
National Vision Inc.
Operator/Retail Vision Centers
|
$153.0
|
Revolver
Funds acquisition of Consolidated Vision Group |
|
|
Merrill Lynch Capital
Lead
|
WCP Exposition Services Operating Company, LLC
Provider/Contracting Services
|
$150.0
|
$125MM Revolver/$25MM Sub Notes
Supports acquisition of Champion Exposition Services & George E. Fern Company by Wachovia Capital Partners |
|
|
Bank of Nova Scotia/Bank of America
Co-Admin. Agents
|
Kaman Corp.
Provider/Technology Products
|
$150.0
|
Revolver
Participants incl: JPMorgan Chase, KeyBank, Citibank, Webster Bank |
|
|
Bank of America
Lead
|
Geac Computer Corporation Ltd.
Provider/Software Services
|
$150.0
|
Revolver
Participants incl: Citibank, Wachovia Bank, JP Morgan Chase, Key Bank |
|
|
Credit Suisse First Boston
Lead
|
Carrizon Oil & Gas, Inc.
Provider/Natural Gas & Oil
|
$150.0
|
Second-lien Term Loan
Participants: First Albany, Harris Nesbitt, Hibernia Southcoast Capital, Jefferies, Keybanc Capital & Suntrust Capital
|
|
|
Banc of America Securities
Lead
|
Primary Steel Inc.
Distributor/Steel Products
|
$117.5
|
$100MM Revolver/$17.5MM Term Loan
Bank of America Business Capital provided letters of credit |
|
|
GE Healthcare Financial Services
Lead
|
Life Care Centers of America, Inc.
Operator/Nursing and Assisted Living Centers
|
$104.0
|
Term Loan
Enables LCCA to consolidate 22 nursing properties under one lender
|
|
|
Wells Fargo Foothill/Ableco Finance
Co-Lead
|
Silicon Graphic, Inc.
Provider/Computing Services
|
$100.0
|
$50MM Revolver/$50MM Term Loan
Two-year term |
|
|
CapitalSource
Lead
|
Interface Security Systems LLC
Provider/Security Services
|
$100.0
|
Revolver
SunTx Capital Partners provided equity financing for transaction |
|
|
BNP Paribas
Lead
|
The GEO Group, Inc.
Provider/Correctional Management Services
|
$100.0
|
Revolver
Finances GEO's acquisition of Correctional Services Corporation |
|
|
SunTrust Robinson Humphrey
Lead
|
AAI Corporation
Manufacturer/Mechanical Systems
|
$100.0
|
Revolver
Participants incl: Citibank (syndication agent), Key Bank and PNC Bank (co-documentation agents) and Commerce Bank and Provident Bank
|
|
|
CapitalSource Finance
Lead
|
Au Bon Pain
Operator/Bakery Café Chain
|
$82.0
|
Revolver
Supports management buyout |
|
|
Bank of America Business Capital
Lead
|
Entec Ploymers LLC
Distributor/Plastic Resins
|
$80.0
|
Revolver
BofA also providing letters of credit |
|
|
Bank of America
Lead
|
Integrated Electrical Services
Provider/Electrical Solutions
|
$80.0
|
Revolver
Replaces prior senior credit facility |
|
|
GE Commercial Finance
Lead
|
Newtek Business Services
Provider/Business Services
|
$75.0
|
Revolver
Three-year term; refinances previous facility with Deutsche Bank |
|
|
GE Global Media & Communications
Admin. Agent
|
Bahakel Communications Ltd.
Provider/Multimedia Services
|
$70.0
|
$7MM Revolver/$63MM Term Loan
Replaces existing facility provided by GE in 2003 |
|
|
Merrill Lynch Capital
Lead
|
LOUD Technologies, Inc.
Manufacturer/Digital Recording Products
|
$69.5
|
Revolver
Supports LOUD's refinancing |
|
|
Merrill Lynch Capital
Lead
|
Trajen Inc.
Provider/Aviation Support & Logistics Solutions
|
$66.5
|
Revolver
Merrill Lynch also acted as sole bookrunner and administrative agent |
|
|
Wells Fargo Retail Finance
Lead
|
DrugMax, Inc.
Provider/Drug Distribution Services
|
$65.0
|
Revolver
Five-year term; proceeds will replace existing $65MM facility |
|
|
American Capital Strategites Ltd.
Lead
|
Gibson Guitar Corporation
Manufacturer/Guitars
|
$52.0
|
Second Lien Notes
Bank of America also participated |
|
|
Wachovia Bank
Lead
|
SED International Holdings Inc.
Distributor/Computer Hardware
|
$50.0
|
Revolver
Three-year term |
|
|
HSBC Business Credit
Lead
|
Logicalis Inc.
Provider/IT Integration Services
|
$50.0
|
Revolver
Four-year term |
|
|
Wachovia Capital Finance
Lead
|
AmeriCast Technologies Inc.
Manufacturer/Steel & Iron Castings
|
$50.0
|
Revolver
Monroe Capital also provided a $45MM term loan |
|
|
Bank of America Business Capital
Lead
|
Mercury Air Group
Provider/Aviation Petroleum Products
|
$45.0
|
Revolver
Replaces $30MM line of credit with middle-market banking at Bank of America |
|
|
Merrill Lynch Capital
Admin. Agent
|
Allied Capital Corporation
Provider/Private Investments
|
$41.5
|
Revolver
Supports acquisition of Norwesco |
|
|
LaSalle Business Credit
Lead
|
MC Test Service, Inc.
Provider/Electronic Manufacturing Services
|
$40.0
|
Revolver
Monroe Capital also provided a $10MM term loan |
|
|
Merrill Lynch Capital
Lead
|
Huddle House Inc.
Operator/Restaurant Franchise
|
$40.0
|
Revolver
Refinances existing debt
|
|
|
Merrill Lynch Capital
Lead
|
Brown's Superstores, Inc.
Operator/Supermarkets
|
$39.0
|
Revolver
Refinances existing debt |
|
|
National City Bank
Agent
|
ePlus Inc.
Provider/Cost Management Solutions
|
$35.0
|
Revolver
Branch Banking & Trust Company also participated; replaces $45MM facility |
|
|
Silicon Valley Bank
Lead
|
Kosan Biosciences
Manufacturer/Drugs
|
$35.0
|
Term Loan
Five-year term
|
|
|
CIT Business Credit/CIT Business Credit Canada
Lead
|
Port Townsend Paper Corp.
Manufacturer/Paper
|
$35.0
|
Revolver
Replaces existing $30MM revolver; five-year term
|
|
|
Laurus Master Fund
Lead
|
360 Global Wine Company
Producer/Wine
|
$34.5
|
Term Loan
Three-year term; interest rate is 200 basis points above prime rate
|
|
|
Wells Fargo
Lead
|
DXP Enterprises Inc.
Distributor/Maintenance, Repair, and Operating Equipment
|
$30.0
|
Revolver
Four-year term |
|
|
Merrill Lynch Capital
Lead
|
Paradigm Group
Manufacturer/Audio-Video Components
|
$28.0
|
Revolver
Supports company's recapitalization |
|
|
Laurus Master Fund
Lead
|
Stonepath Group
Provider/Logistics Solutions
|
$25.0
|
Revolver
Financing includes $10MM note |
|
|
UPS Capital Corporation/Wells Fargo
Co-Leads
|
National R.V. Holdings, Inc.
Manufacturer/Recreational Vehicles
|
$25.0
|
Revolver
Replaces $20MM facility with UPS Capital |
|
|
Bank of America Business Capital
Lead
|
Cobalt Finance LLC
Financier/Used Commercial Trucks & Trailers
|
$25.0
|
Revolver
Refinances existing debt |
|
|
Bank of America
Lead
|
SL Industries, Inc.
Manufacturer/Communications Equipment
|
$25.0
|
Revolver
May be extended to $30MM; three-year term |
|
|
US Bank Business Credit
Lead
|
MD Distributors, Inc.
Distributor/Fragrances & Cosmetics
|
$25.0
|
Revolver
Refinances existing facility
|
|
|
Wachovia Bank
Lead
|
Lakeland Industries, Inc.
Manufacturer/Protective Clothing
|
$25.0
|
Revolver
Five-year term
|
|
|
Bank of America Business Capital
Lead
|
Federal Financial Services Inc.
Provider/Consumer Loans
|
$24.0
|
Revolver
Refinances existing debt |
|
|
LaSalle Business Credit
Lead
|
Optical Experts Manufacturing Inc.
Provider/DVD Manufacturing Services
|
$24.0
|
Revolver
Financing was part of recapitalization; included sub debt & preferred equity |
|
|
North Fork Business Capital
Lead
|
ASMICO Camshaft Specialties
Manufacturer/Automotive Components
|
$21.0
|
Revolver/Term Loan
Five-year term |
|
|
American Capital Strategies
Lead
|
BPWest, Inc.
Provider/Drilling Fluid Products
|
$21.0
|
Term Loan
PNC Businesss Credit also providing a revolving credit facility
|
|
|
Harris Bank
Lead
|
AXIS Capital Inc.
Provider/Equipment Leasing Solutions
|
$20.0
|
Revolver
Wells Fargo Bank also participated |
|
|
BMO Nesbitt Burns
Lead
|
Marsulex, Inc.
Provider/Environmental Compliance Solutions
|
$20.0
|
Revolver
Used in conjuntion with Marsulex's acquisition of Stablex |
|
|
Bridge Healthcare Finance
Lead
|
Nydic Open MRI of America
Provider/Magnetic Resonance Imaging Services
|
$18.7
|
$5MM Revolver/$13.7MM Term Loan
|
|
|
Silicon Valley Bank/Partners for Growth
Co-Leads
|
Xenogen Corporation
Provider/In Vivo Biophotonic Imaging
|
$18.0
|
Revolver
Two-year term |
|
|
GE Global Media & Communications
Lead
|
Valor Equity Partners
Private Equity Firm
|
$18.0
|
Revolver
Funds acquisition of ski resort Mountain High
|
|
|
BA Venture Partners
Lead
|
Reply! Inc.
Provider/E-Marketing Solutions
|
$17.0
|
Revolver
ORIX Venture Finance also participated |
|
|
Canaan Partners
Lead
|
Blue Frog Mobile
Provider/Mobile Media & Entertainment
|
$16.0
|
Series A Financing
MK Capital also participated |
|
|
GE Global Media & Communications
Lead
|
Coast Radio Company
Operator/Radio Stations
|
$14.0
|
Revolver
Media Venture Partners acted as financial advisors |
|
|
CapitalSource Finance
Lead
|
Teltronics Inc.
Provider/Communications Solutions
|
$11.0
|
$8MM revolver/$3MM Term Note
Portion of proceeds were used to settle Teltronics debt to CIT and Harris
|
|
|
Silicon Valley Bank
Lead
|
Globus Medical, Inc.
Manufacturer/Spinal Implants
|
$10.0
|
Revolver
MK Capital also participated |
|
|
Comerica Bank
Lead
|
Neurobiological Technologies, Inc.
Developer/Biotechnology
|
$10.0
|
Revolver
Five-year term |
|
|
North Fork Business Capital
Lead
|
ASIMCO International
Manufacturer/Automotive Components
|
$10.0
|
Revolver
Three-year term |
|
|
North Fork Business Capital
Lead
|
Argo International Corporation
Distributor/Industrial Products
|
$10.0
|
Revolver
|
|
|
Wells Fargo Foothill
Lead
|
Portrait Corporation of America, Inc.
Operator/Retail Portrait Studios
|
$10.0
|
Revolver
Package also includes a $20MM letters of credit facility
|
|
|
PNC Business Credit
Lead
|
E.S. Robbins Corporation
Manufacturer/Polymer-Based Products
|
$9.3
|
$5.5MM Revolver/$3MM Term Loan/$500K Capital Expenditure
|
|
|
Wells Fargo Bank
Lead
|
EMRISE Corporation
Manufacturer/Defense Components
|
$9.0
|
Revolver
Replaces $3MM line of credit |
|
|
Wells Fargo Bank
Lead
|
Noble Roman's Inc.
Franchisor/Pizzarias
|
$9.0
|
Term Loan
Funds acqusition of SummitBridge's debt and equity interest in Noble Roman's |
|
|
Allied Capital Corporation
Lead
|
Healthy Pet Corp.
Operator/Veterinary Hospitals
|
$8.0
|
Revolver
Management of Healthy Pet also participated |
|
|
Diversified Business Credit
Lead
|
IntriCon Corporation
Distributor/Medical & Electronic Products
|
$8.0
|
$5.5 Revolver/$2.5 Term Loan
Management of Healthy Pet also participated |
|
|
North Fork Business Capital
Lead
|
Del Global Technologies Corp.
Manufacturer/Medical Imaging Solutions
|
$8.0
|
$6MM Revolver/$2MM Term Loan
Three-year terms |
|
|
Hilco Financial
Lead
|
Emess Design Group LLC
Retailer/Lighting & Home Décor
|
$7.5
|
Bridge Loan
In conjunction with company's restructure by Goense Bounds & Partners LLC |
|
|
Laurus Master Fund
Lead
|
Pacific CMA Inc.
Provider/Logistics Service
|
$7.5
|
Revolver
Three-year terms |
|
|
Wells Fargo Retail Finance
Lead
|
Bluefly, Inc.
Retailer/Designer Brands & Fashions
|
$7.5
|
Revolver
Replaces $3.5MM facility from Rosenthal and Rosenthal
|
|
|
Sovereign Bank
Lead
|
Medlink Imaging, Inc.
Distributor/Medical X-Ray Film
|
$7.0
|
Revolver/Term Loan
Used to acquire assets of company from its parent, Cine Magnetics
|
|
|
Comerica Bank
Lead
|
Greenfield Wine Company
Producer/Wine
|
$6.6
|
Real Estate Financing
Greenfield also increased revolver to $9.5MM from $8.25MM |
|
|
Bridge Bank
Lead
|
Tripath Technology Inc.
Provider/Digital Amplifiers
|
$6.0
|
Revolver
One-year term |
|
|
Healthcare Finance Group
Lead
|
Community Hospital of Long Beach
Provider/Healthcare Services
|
$5.0
|
Revolver
Financing was part of recapitalization; included sub debt & preferred equity |
|
|
Texas Capital Bank
Lead
|
ColorTyme Inc.
Franchisor/Rent-to-Own Companies
|
$5.0
|
Revolver
Supports new growth venture, Pay Day Loans |
|
|
Bridge Healthcare Finance
Lead
|
Cathedral Rock Corporation
Operator/Assisted Living Facilities
|
$5.0
|
Revolver
Refinances existing secured lender |
|
|
Laurus Master Fund Ltd.
Lead
|
IWT Tesoro Corporation
Provider/Floor & Wall Covering Materials
|
$5.0
|
$2MM Revolver/$3MMBorrowing Note
|
|
|
GC Financial Services
Lead
|
Force Protection, Inc.
Manufacturer/Mine-Protected Vehicles
|
$5.0
|
Revolver
Coupled with a factoring agreement
|
|
|
Textron Financial
Lead
|
MSSI-TeleScience International Inc.
Provider/Medical Personnel & Technology Services
|
$5.0
|
Revolver
Funds operations of subsidiaries, Nurses PRN Acqusition & TeleScience International
|
|
|
First National Bank of Colordo
Lead
|
Metretek Technologies Inc.
Provider/Energy Services
|
$4.5
|
Revolver
Replaces $3.26MM facility
|
|
|
Instream Capital
Lead
|
Trinity Learning Corporation
Provider/Workplace Learning Services
|
$4.5
|
Term Loan
18-month term
|
|
|
GE Healthcare Financial Services
Lead
|
Northwoods Health System
Operator/Nursing Homes
|
$4.0
|
Revolver
GE HFS also provided a $23.5MM first mortgage loan |
|
|
Guaranty Business Credit Corp.
Lead
|
The Interflex Group, Inc.
Manufacturer/Printed Packaging
|
$4.0
|
Revolver
Refinances existing revolver |
|
|
Laurus Master Fund
Lead
|
Naturade, Inc.
Supplier/Natural Health Products
|
$4.0
|
$3MM Revolver/$1MM Term Loan
Three-year term
|
|
|
Capstone Business Credit
Lead
|
Monarchia Matter International
Distributor/Wines
|
$3.6
|
$1.2MM Purchase Order Financing/$2.4MM Factoring
Two-year term
|
|
|
GMAC Commercial Finance
Lead
|
The Electro Prime Group LLC
Supplier/Automobile Components
|
$3.2
|
$2.25MM Revolver/$700K Term Loan/$200K Capital Expenditure Line
Three-year term |
|
|
Silicon Valley Bank
Lead
|
Ramtron International Corporation
Developer/Computer Memory Products
|
$3.0
|
Term Loan
Term loan has adjustable rate |
|
|
Commercial Capital Lending
Lead
|
SearchHelp
Provider/Internet Protection Services
|
$3.0
|
Revolver
Receives financing through Century Business Credit |
|
|
Silicon Valley Bank
Lead
|
Ramtron International
Developer/Ferroelectric RAM Products
|
$3.0
|
Term Loan
Used in acquisition of Goal Semiconductor |
|
|
Business Alliance Capital Corp.
Lead
|
Smith Engines, Inc.
Distributor/Engine & Outdoor Equipment Parts
|
$3.0
|
A/R & Inventory Facility
|
|
|
Bridge Bank
Lead
|
ION Networks Inc.
Manufacturer/Security Solutions
|
$2.5
|
Revolver
Two-year term |
|
|
M&T Bank
Lead
|
Emerging Vision, Inc.
Provider/Eye Care Products
|
$2.0
|
Revolver
Two-year term |
|
|
MidCap Business Credit
Lead
|
Bailey Tool & Manufacturing Inc.
Producer/Art Tools
|
$1.2
|
Revolver
|
|
|
Toronto Dominion Bank
Lead
|
Kelman Technologies
Provider/Technology Services
|
$1.0
|
Revolver
|
|
|
|
QII 2005 Transactions
|
Wachovia Capital Markets/Banc of America Securities
Joint Lead Arrangers
|
Radio One, Inc.
Operator/Radio Station
|
$800.0
|
$500MM Revolver/$300MM Term Loan
Replaces existing facility
|
|
|
GE Canada Finance/Bank of America
Co-Lead Arranger
|
Hudson's Bay Company
Retailer/Department Store Chain
|
$650.0
|
Revolver
364-day revolver; participants incl: CIT Business Credit Canada (funding and collateral agent), HSBC Bank Canada (letter of credit issuing bank and co-documentation agent), HSBC Bank USA (letter of credit issuing bank)
|
|
|
J.P. Morgan Securities/RBS Securities
Co-Lead Arranger
|
Brunswick Corporation
Manufacturer/Marine Engines
|
$650.0
|
Revolver
Replaces existing credit facility
|
|
|
Banc of America Securities
Lead
|
Reliance Steel & Aluminum Co.
Processor/Metals
|
$600.0
|
Revolver
Replaces previous $335MM credit line
|
|
|
Banc of America Securities/Bank of Americas
Co-Leads
|
Copano Energy LLC
Provider/Natural Gas
|
$520.0
|
$350MM Revolver/$170MM Term Debt
Funds Copano's acqusition of ScissorTail Energy
|
|
|
J.P. Morgan Chase/Citigroup Global Markets
Co-Leads
|
Maytag Corporation
Manufacturer/Home Appliances
|
$500.0
|
Revolver
Replaces $300MM revolver
|
|
|
Lehman Brothers/Merrill Lynch/Wachovia Securities
Co-Leads
|
Spanish Broadcasting System, Inc.
Provider/Radio Services
|
$450.0
|
$425MM Term Loan/$25MM Revolver
Repays old senior secured credit facility and accrued interest
|
|
|
Deutsche Bank Securities/Credit Suisse First Boston
Joint Lead Arrangers
|
Safety-Kleen Systems, Inc.
Provider/Waste Management Solutions
|
$350.0
|
$100 MM Revolver/$150 MM Term Loan/$100 MM L/C Facility
Facility used to retire existing debt
|
|
|
JP Morgan Chase
Lead
|
TBC Corporation
Marketer/Auotmotive Replacement Tires
|
$325.0
|
$100MM Term Loan/$225MM Revolver
Five-year term
|
|
|
Credit Suisse
Lead
|
Knology, Inc.
Provider/Interactive Communication Services
|
$305.0
|
$25MM Revolver/$185MM First Lien Term Loan/$95MM Second Lien Term Loan
Debt maturities extend through 2011
|
|
|
JPMorgan Chase/Citicorp
Co-Lead Arrangers
|
Visteon Corp.
Supplier/Automotive Technology Supplies
|
$300.0
|
Short-Term Credit Agreement
Replaces 364-day facility that expired June 2005
|
|
|
J.P. Morgan Securities
Lead/Sole Bookrunner
|
The Manitowoc Company, Inc.
Manufacturer/Commercial Refrigeration Equipment
|
$300.0
|
Revolver
Five-year term; Participants: J.P. Morgan Chase (admin. agent); Bank of America (syn. agent)
|
|
|
Banc of America Securities
Lead Arranger
|
SemGroup, LP
Provider/Energy Services
|
$300.0
|
$100 MM Revolver/$200 MM Term Loan
Represents $300 MM increase to existing facility
|
|
|
Bear Stearns, Lehman Brothers
Co-Lead Arrangers
|
Protection One
Provider/Monitored Security Systems
|
$275.0
|
$25 MM Revolver/$250 MM Term Loan
Five-year term/six-year term
|
|
|
KeyBank Capital Markets/Banc of America Securities
Co-Lead Arrangers
|
Developers Diversified Realty Corp
Managers/Retail Shopping Centers
|
$220.0
|
Revolver
Participants: KeyBank (administrative agent), Bank of America (syndication agent)
|
|
|
J.P. Morgan Securities/HSBC
Co-Lead
|
KPS Special Situations Fund II, LP
Private Equity Fund
|
$220.0
|
$175MM Term Loan/$45MM Revolver
Funds KPS's acquisition of Wire Rope Corporation
|
|
|
Merrill Lynch Capital
Sole Lead Arranger, Administrative Agent
|
Atlantis Plastics, Inc.
Manufacturer/Injection Molded and Films Plastics
|
$220.0
|
$25 MM Revolver/$120 MM Senior Term Loan/$75 MM Junior Term Refinances existing senior debt
|
|
|
Banc of America Securities/Wachovia Capital Markets
Co-Leads
|
Delphi Financial Group, Inc.
Provider/Employee Benefit Services
|
$200.0
|
Revolver
Replaces $100.0 MM facility scheduled to expire December 2006
|
|
|
U.S. Bank
Lead
|
Life Time Fitness, Inc.
Provider/Fitness Centers
|
$200.0
|
Revolver
Five-year term/JPMorgan Chase Bank (syn. agent)
|
|
|
American Capital Strategies
Lead
|
Potpourri Group, Inc.
Retailer/Specialty Gift & Clothing
|
$188.0
|
Revolver/Term Loans
American Capital owns 83% of Potpourri Group on a fully diluted basis
|
|
|
Citigroup Global Markets/Credit Suisse First Boston
Co-Lead Arrangers
|
Hercules Offshore LLC
Provider/Oilfield Services
|
$165.0
|
$25MM Revolver/$140MM Term Loan
Comerica Bank (administrative agent)
|
|
|
GE Commercial Finance Corporate Lending
Lead
|
The Penn Traffic Company
Retailer/Wholesale Food
|
$164.0
|
$130 MM Revolver/$6 MM Term Loan/$28 MM Supplemental Real Estate Facility
Exit Financing
|
|
|
Merrill Lynch Comercial Finance
Lead
|
AMERCO Inc.
Provider/Transportation Rentals
|
$150.0
|
Revolver
Five-year term; parent company of U-Haul
|
|
|
JPMorgan Chase
Lead
|
Encore Capital Group, Inc.
Purchaser/Consumer Receivable Portfolios
|
$150.0
|
Revolver
Replaces $75MM facility; funds acquisition of assets from Jefferson Capital
|
|
|
Bank of America Business Capital
Lead
|
Sunstate Equipment Company
Provider/Construction Rental Equipment
|
$150.0
|
Revolver
Underwritten by Banc of America Securities
|
|
|
Bank of America Business Capital
Lead Arrangers
|
Ormet Corporation
Manufacturer/Aluminum
|
$150.0
|
Revolver
Exit financing
|
|
|
CIT Business Credit Canada
Lead
|
Tembec Industries, Inc.
Manufacturer/Forest Products
|
$150.0
|
Revolver
Replaces C$140 million operating facility
|
|
|
Wachovia Bank
Lead
|
Sonitrol Corporation
Provider/Security Solutions
|
$135.0
|
$40MM Revolver/$95MM Term Loan
Participants incl: Merrill Lynch Capital, Jefferies Babson Finance, CapitalSource, LaSalle Bank
|
|
|
Allied Capital
Lead
|
Meineke Car Care Centers, Inc.
Provider/Automotive Services
|
$127.0
|
Second Lien Debt
Replaces $75MM facility; funds acquisition of assets from Jefferson Capital
|
|
|
Harris Bank
Lead
|
Lamson & Sessions, Inc.
Manufacturer/Electrical & Telecommunications Products
|
$125.0
|
Revolver/Term Loan
Five-year term
|
|
|
GMAC Commercial Finance
Lead
|
Bucyrus International, Inc.
Manufacturer/Surface Mining Equipment
|
$120.0
|
Revolver
Facility may be increased to $150.0 MM
|
|
|
LaSalle Business Credit
Lead
|
Russ Berrie & Company, Inc.
Manufacturer/Specialty Gift Products
|
$115.0
|
Revolver
Five-year term
|
|
|
Wachovia Bank
Lead
|
Hancock Fabrics, Inc.
Retailer/Sewing Accessories
|
$110.0
|
Revolver
Replaces unsecured $50MM credit agreement
|
|
|
Wachovia Bank, National Association/Wachovia Capital Markets
Co-Leads
|
Hancock Fabrics, Inc.
Retailer/Fabrics, Crafts, Home Sewing Accessories
|
$110.0
|
Revolver
Replaces unsecured $50.0 MM credit agreement
|
|
|
Merrill Lynch Capital
Co-Lead Arranger, Administrative Agent
|
Hunter Defense Technologies, Inc.
Manufacturer/Defense and Homeland Security Products
|
$110.0
|
Revolver
Borrower is a portfolio company of Behrman Capital
|
|
|
LaSalle Business Credit, GE Commercial Finance
Co-Lenders
|
Farmland Dairies LLC
Manufacturer/Milk Products
|
$101.0
|
Revolver/Term Loan
Equity will be majority owned by pre-petition leasing syndicate led by GE Commercial Finance
|
|
|
Bank of Nova Scotia/Bank of Montreal
Co-Leads
|
Mega Bloks, Inc.
Manufacturer/Toy Block Sets
|
$100.0
|
Revolver
Supports acquisition of RoseArt Industries
|
|
|
Bank of America Business Capital/Banc of America Securities
Co-Leads
|
The Standard Register Company
Provider/Information Services
|
$100.0
|
Revolver
|
|
|
Credit Suisse First Boston/Morgan Stanley Senior Funding
Joint Lead Arrangers
|
Werner Holding Co. Inc.
Manufacturer/Ladders
|
$100.0
|
Second Lien Facility
|
|
|
CapitalSource
Lead
|
SETECH, Inc.
Provider/Inventory Management Services
|
$95.0
|
Revolver
|
|
|
Wells Fargo Foothill
Lead
|
SAVVIS, Inc.
Provider/Information Technology Services
|
$85.0
|
Revolver
Repays $53.7MM capital lease agreement with GE Capital
|
|
|
Bank of America Business Capital
Lead
|
Anchor Danly Group
Manufacturer/Die Sets & Components
|
$80.0
|
$45 MM Revolver/$35 MM Term Loans
Group was formed by Connell's Danly IEM division
|
|
|
Allied Capital
Lead
|
Triax Holdings LLC
Developer/Pharmaceutical Products
|
$77.0
|
Revolver
Supports acquisition of Spear Dermatology Products & Spear Pharmaceuticals
|
|
|
GE Commercial Finance
Lead
|
Newtek Small Business Finance Inc.
Provider/Small Business Services
|
$75.0
|
Revolver
Replaces facility with Deutsche Bank
|
|
|
Credit Suisse First Boston
Lead
|
Collins & Aikman Corporation
Manufacturer/Automotive Accessories
|
$75.0
|
Term Loan
|
|
|
Banc of America Securities/Bank of America Business Capital
Lead
|
Quaker Fabric Corporation
Manufacturer/Woven Upholstery Fabrics
|
$70.0
|
Revolver
Refinances existing debt
|
|
|
Bank of America Business Capital
Lead
|
New Venture Holdings, LLC
Manufacturer/Automotive Components
|
$70.0
|
Revolver
Company formed to acquire assets of Venture Industries in a Section 363 sale
|
|
|
Credit Suisse First Boston/CIT Business Credit
Lead
|
Maxxam, Inc.
Manufacturer/Forest Products
|
$65.0
|
$35 MM Term Loan/$30 MM Revolver/Credit Facility
|
|
|
Bank of America Business Capital
Lead
|
International Legwear Group, Inc.
Manufacturer/Socks
|
$64.0
|
Revolver
Refinances existing debt
|
|
|
GMAC Commercial Finance
Lead
|
Duty Free Americas, Inc.
Retailer/Duty-Free Merchandise
|
$60.0
|
Revolver
Part of borrower's financial turnaround plan
|
|
|
American Capital Strategies
Lead
|
Unwired Technologies, LLC
Supplier/Wireless Headphones
|
$56.0
|
Term Loan/Revolver
Post-close, American Capital owns approximately 57% of Unwired on a fully diluted basis
|
|
|
Congress Financial Corporation (Canada)
Lead
|
Hip Interactive Corp.
Provider/Electronic Entertainment Products
|
$55.0
|
Revolver
Replaces $40 million credit facility with the Bank of Nova Scotia
|
|
|
American Capital Strategies
Lead
|
Stravina Operating Company, LLC
Supplier/Personalized Products
|
$53.0
|
Term Loan/Revolver
Blue Capital Management: Majority owner and equity sponsor of Stravina
|
|
|
Merrill Lynch Capital
Lead, Administrative Agent
|
Market Day Corporation
Distributor/Packaged Food Products
|
$50.0
|
Revolver
Borrower is a portfolio company of ShoreView Industries
|
|
|
GMAC Commercial Finance
Lead
|
Ross-Simons, Inc.
Retailer/Jewelry
|
$46.0
|
Revolver
Includes a real estate term loan
|
|
|
Antares Capital
Co-Lead Arrangers
|
Code, Hennessey & Simmons LLC
Private Equity Investment Firm
|
$45.0
|
Revolver
Supports acquisition of Hoboken Wood Flooring
|
|
|
PNC Bank
Lead
|
Emerson Radio Corp.
Retailer/Television & Video Products
|
$42.5
|
$35MM Revolver/$7.5MM Term Loan
Replaces $25MM revolver
|
|
|
GE Commercial Finance
Co-Leads
|
Levitz Home Furnishings, Inc.
Retailer/Home Furnishings
|
$40.0
|
$130 MM Revolver/$6 MM Term Loan/$28 MM Supplemental Real Estate Facility
Private equity firm Resurgence Asset Management provided $20 MM
|
|
|
Merrill Lynch Capital
Lead, Admin. Agent
|
MailSouth, Inc.
Provider/Mail Delivery Services
|
$35.0
|
Senior Facility
Supports future acquisitions by MailSouth
|
|
|
CIT Commercial Services
Lead
|
R.G. Barry Corporation
Manufacturer/Footwear
|
$35.0
|
Revolver
Replaces a factoring and financing arrangement with CIT
|
|
|
GE Commercial Finance
Lead
|
Lebhar-Friedman, Inc.
Manufacturer/LCD panels
|
$35.0
|
Revolver/Debt facility
Facility funds Dowden Health Media acquisition
|
|
|
Merrill Lynch Capital
Lead
|
WFI Acquisition, Inc.
Provider/Investment Services
|
$33.0
|
Revolver
Supports acquisition of Wilson Farms, SugarCreek and TopXpress
|
|
|
Bank of America
Lead
|
Iridium Satellite, LLC
Provider/Satellite Communication Services
|
$32.0
|
Revolver
Blue Capital Management: Majority owner and equity sponsor of Stravina
|
|
|
Wells Fargo Foothill
Lead
|
Cray Inc.
Manufacturer/Supercomputers
|
$30.0
|
Revolver
Two-year agreement
|
|
|
Wachovia Bank
Lead
|
Miller Industries, Inc.
Provider/Vehicle Towing
|
$27.0
|
$20MM Revolver/$7MM Term Loan
Three-year term/five-year term
|
|
|
Bridge Opportunity Finance
Lead
|
Addison York Insurance Brokers
Provider/Insurance Services
|
$25.0
|
Term Loan
Financing supports U.S. expansion plans
|
|
|
Antares Capital
Co-Agent
|
FdG Associates LLC
Private Equity Investment Firm
|
$25.0
|
Revolver
Supports acquisition of Hercules Tire & Rubber Company
|
|
|
CIT Group
Co-Lead
|
MTM Technologies, LLC
Provider/IT Networking Services
|
$25.0
|
Revolver
Textron Financial provided a $15MM floor planning facility
|
|
|
Bridge Healthcare Finance/Bridge Opportunity Finance
Co-Leads
|
Addison York Insurance Brokers, Ltd.
Provider/Insurance Services
|
$25.0
|
Revolver
Facility will be used to repay existing FCC and Oak Street credit facilities
|
|
|
PNC Bank
Lead
|
Input/Output, Inc.
Manufacturer/Seismic Instruments
|
$25.0
|
Revolver
Participant: Whitney National Bank
|
|
|
Wachovia Securities
Lead
|
Five Star Quality Care, Inc.
Provider/Healthcare Services
|
$25.0
|
Revolver
Two-year term
|
|
|
American Capital Strategies
Lead
|
Nursery Supplies Inc.
Manufacturer/Nursery Supplies
|
$20.0
|
Senior & Junior Sub. Debt
GE Capital is providing a revolver and senior term loans
|
|
|
Healthcare Finance Group
Lead
|
Christ Hospital
Provider/Healthcare Services
|
$20.0
|
Revolver
Part of borrower's financial turnaround plan
|
|
|
HSBC Business Credit
Lead
|
@radical.media inc.
Provider/Media
|
$20.0
|
Revolver
|
|
|
Wells Fargo HSBC Trade Bank
Lead
|
International DisplayWorks, Inc.
Manufacturer/LCD panels
|
$20.0
|
Revolver
Replaces a $5 million credit line
|
|
|
Merrill Lynch Capital
Sole Lender
|
Lone Star Overnight, LP
Provider/Delivery Services
|
$17.5
|
Revolver
Refinances existing loan agreement
|
|
|
First Tennessee Bank
Lead
|
Pinnacle Airlines Corp.
Provider/Air Transportation Services
|
$17.0
|
Revolver
Replaces existing revolver with Northwest Airlines
|
|
|
Silicon Valley Bank
Lead
|
Therma-Wave, Inc.
Manufacturer/Metrology Systems
|
$15.0
|
Revolver
Two-year term
|
|
|
Wachovia Bank, National Association
Lead
|
Think Partnership, Inc.
Provider/Online Business Solutions
|
$15.0
|
Revolver
Interest rate will be one-month LIBOR plus 2.10%
|
|
|
First Victoria National Bank
Lead
|
Mitcham Industries, Inc.
Supplier/Geophysical Equipment
|
$12.5
|
Revolver
Replaces $4MM revolver
|
|
|
PNC Business Credit
Lead
|
Red Diamond Capital L.P.
Manufacturer/Dietary Supplements & Pharmaceuticals
|
$12.0
|
$10 MM Revolver/$2 MM Term Loan
Supports acquisition of Nutritional Laboratories International
|
|
|
LaSalle Retail Finance
Lead
|
Dreams, Inc.
Retailer/Sports Memorabilia
|
$10.0
|
Revolver
Three-year term
|
|
|
Merrill Lynch Capital
Lead
|
Dynacq Healthcare, Inc.
Provider/Healtcare Services
|
$10.0
|
Revolver
|
|
|
ORIX Venture Financing
Lead
|
HealthTrans LLC
Administrator/Pharmacy Benefits
|
$10.0
|
$7 MM Term Loan/$3 MM Reolver
Transaction makes HealthTrans a wholly owned independent company
|
|
|
Bridge Healthcare Finance
Lead
|
Aliquippa Community Hospital
Provider/Healthcare Services
|
$7.5
|
$3.0 MM Revolver/$4.5 MM Term Loan
Allows Aliquippa to exit bankruptcy
|
|
|
PNC Bank
Lead
|
TeamStaff
Provider/Healthcare Staffing Services
|
$7.0
|
Revolver
Supports acquisition of RS Staffing
|
|
|
Guaranty Business Credit
Lead
|
Fred Hill Materials
Provider/Sand, Gravel and Concrete
|
$6.8
|
Revolver/Term Loan
|
|
|
PNC Business Credit
Lead
|
Progressive Employer Services, Inc.
Provider/Staffing Services
|
$5.0
|
Revolver
Progressive received $6MM private equity investment from Palm Beach Capital Partners in Aug. 2004
|
|
|
MidCap Business Credit
Lead
|
Stanton Group
Distributor/Audio & Disc Jockey Equipment
|
$4.5
|
Revolver
Provides Stanton Magnetics, Cerwin-Vega! and KRK Systems with working capital
|
|
|
Guaranty Business Credit
Lead
|
Interflex Group, Inc.
Manufacturer/Flexible Packing
|
$4.0
|
Revolver
|
|
|
Laurus Master Fund
Lead
|
Thinkpath Inc.
Provider/Engineering Solutions
|
$3.5
|
Revolver
Portion of proceeds used to retire balance of all outstanding convertible debentures
|
|
|
Capstone Business Credit
Lead
|
Jet Set Style
Designer/Women's Active Wear
|
$3.0
|
Revolver
Deal expires in February 2007
|
|
|
Comerica Bank
Lead
|
QuestAir Technologies, Inc.
Manufacturer/Advanced Gas Purification Systems
|
$3.0
|
$1MM A/R Credit Line/$2MM Term Loan
Term loan finances capital investments
|
|
|
Commercial Capital
Lead
|
Michelex Corporation
Manufacturer/Specialty Plastic Products
|
$2.5
|
Revolver
Buys out revolver with Wells Fargo
|
|
|
Textron Financial
Lead
|
National Challenge Systems, Inc.
Provider/Vacuum Truck Services
|
$2.0
|
Revolver
Replaces existing $1MM facility with Scotiabank
|
|
|
Comerica Bank
Lead
|
RadView Software, Ltd.
Provider/Software Testing Tools
|
$2.0
|
Revolver
Replaces unsecured $50.0 MM credit agreement
|
|
|
Bridge Bank
Lead
|
Implant Sciences Corporation
Manufacturer/Medical Products
|
$1.5
|
Revolver
One-year term
|
|
|
|
QI 2005 Transactions
|
JP Morgan Chase
Administrative Agent
|
The Mosaic Company
Producer/Phosphate and Potash Crop Nutrients
|
$850.0
|
$450MM Revolver/$350MM Term Loan B/$50MM Term Loan A
J.P. Morgan Securities Inc. was the sole book running agent and co-leader arranger,
and BNP Paribas was co-leader arranger
|
|
|
J.P. Morgan Securities
Lead Arranger
|
Apollo Investment Corporation
Provider/Closed-End Investment Company
|
$800.0
|
Revolver
Five-year, secured multi-currency facility. JPMorgan Chase Bank will function as the administrative agent
|
|
|
Wachovia Capital Markets/J.P. Morgan Securities
Joint Lead Arrangers and Joint Book Runners
|
Universal Compression Holdings
Provider/Natural Gas Compression Services
|
$650.0
|
$250MM Revolver/$400MM Term B Loan
Deutsche Bank Securities served as co-arranger, Wachovia Bank, NA, as administrative agent,
and JPMorgan Chase Bank, as syndication agent. Deutsche Bank Securities, The Bank of Nova Scotia, and The Royal Bank
of Scotland plc were co-documentation agents. Five-year term for revolver; seven-year term for term loan
|
|
|
Goldman Sachs Credit Partners/Banc of America Securities
Joint Lead Arrangers
|
GenTek Inc.
Provider/Inorganic Chemical Products
|
$430.0
|
$370MM Term Loans/$60MM Revolver
Skadden, Arps, Slate, Meagher & Flom was GenTek's legal advisor on transaction
|
|
|
ABN Amro Bank
Lead Arranger/Agent
|
MAXIS Communications (Malaysia)
Provider/Telecommunication Services
|
$360.0
|
Syndicated Term Loan
Five-year Term
|
|
|
Deutsche Bank/BofA Securities
Co-Lead Arrangers
|
Hexcel Corporation
Producer/Structural Material for Aerospace Industry
|
$350.0
|
$225MM Term Loan/$125MM Revolver
Facility replaces the existing $115 million senior secured credit facility
|
|
|
GE Global Media & Communications
Administrative Agent
|
ALM Media, Inc.
Publisher/Legal and Business News
|
$345.0
|
Revolver
GE has committed $94 million to the facility
|
|
|
Banc of America Securities
Lead
|
Synagro Technologies, Inc.
Provider/Residual Management
|
$305.0
|
$180MM Term Loan/$95MM Revolver/$30MM Delayed Draw Term Loan
Other participants include Lehman Brothers and CIBC World Markets
|
|
|
BofA Business Capital
Lead
|
American Commercial Lines LLC
Operator/Marine Transportation
|
$250.0
|
Revolver
Syndicated by Banc of America Securities, which also was joint book manager of a $200 million
senior note offering
|
|
|
J.P. Morgan Securities/BofA Securities
Co-Lead
|
Symbol Technologies
Designs/Bar Code Reading Equipment
|
$250.0
|
$100MM Term Loan/$150MM Revolver
Three-year term loan, five-year revolver
|
|
|
GE Capital
Lead
|
Centerplate, Inc.
Provider/Concession Services
|
$215.0
|
$100MM Term Loan/$115MM Revolver
Refinances existing $65 million term loan and $50 million revolving credit facility
|
|
|
Merrill Lynch Capital
Lead
|
DESA International, LLC
Manufacturer/Heating Products
|
$210.0
|
Revolver
Supports the recapitalization of DESA Holdings
|
|
|
Wells Fargo Foothill
Lead
|
Source Interlink Companies, Inc.
Publisher/Magazines
|
$200.0
|
Revolver
Expands former credit facility of $50 million from Wells Fargo Foothill
|
|
|
BofA Business Capital
Revolver
|
Bumble Bee
Distributor/Canned Seafood
|
$165.0
|
Lead
Increases credit line from $100MM to $165MM
|
|
|
Credit Suisse First Boston
Lead
|
US Express Leasing, Inc.
Provider/Leasing Company
|
$150.0
|
Conduit Facility
Facility complements USXL's existing $75 million credit facility provided through Wells Fargo Foothill Lender Finance
|
|
|
Wells Fargo/Wachovia Securities
Co-Lead Arranger and Administrative Agent/Co-Lead Arranger and Syndication Agent
|
Chiquita Brands International
Distributor/Produce
|
$150.0
|
Revolver
Five-year term; other members of the bank syndicate are Rabobank International; Harris Nesbitt; LaSalle Bank,
a subsidiary of ABN-AMRO; ING Bank; and Nordea Bank
|
|
|
GE Corporate Lending
Administrative Agent/Co-Lead Arranger
|
Averatec
Designer/Portable Electronic Products
|
$125.0
|
Revolver
GE will hold $45 million of the credit facility, with the remainder syndicated
|
|
|
Merrill Lynch Capital
Sole Arranger, Administrative Agent
|
CAMP Systems International, LLC
Developer/Aircraft Software
|
$100.0
|
Revolver/Term Loan
Supports Acquisition by Warburg Pincus
|
|
|
Bank of America Business Capital
Revolver/Term Loan
|
Enesco Group, Inc.
Manufacturer/Home Decor
|
$100.0
|
Lead
Term of five years, replaces current credit facility
|
|
|
GMAC Commercial Finance
Lead
|
AZ3/BCBG
Distributor/Women's Apparel
|
$100.0
|
Revolver
Three-year term
|
|
|
GE Global Media & Communications
Lead
|
Mountain Union Telecom
Operator/Tower Sites
|
$85.0
|
$20MM Revolver/$35MM Term Loan/$30MM delayed-draw term loan
The deal was originally offered as $75 million, but was increased to
$85 million due to oversubscription
|
|
|
PNC Business Credit
Revolver
|
COMFORCE Corporation
Provider/Staffing Services
|
$85.0
|
Lead
Increases credit line from $75MM to $85MM
|
|
|
Merrill Lynch Capital
Lead Arranger and Administrative Agent
|
Norwesco
Manufacturer/Polyethylene Tanks
|
$82.0
|
Revolver
Supported a dividend recapitalization of Norwesco, a portfolio
company of Norwest Equity Partners and Brockway Moran & Partners
|
|
|
Bank of America
Lead Bank and Administrative Agent
|
North East Waste Services
Provider/Solid Waste Transfer and Disposal
|
$75.0
|
Revolver
The lending group for the new facility also includes Banknorth Group and
LaSalle Bank. Replaces a $30 million facility entered into in October 2003 with Banknorth Group.
|
|
|
GE Canada/Ableco Finance
Co-Lead Arrangers
|
Minacs Worldwide
Manufacturer/Polyethylene Tanks
|
$75.0
|
$35MM Revolver from GE/$40MM Term Loan From Ableco
Five-year term for GE revolver, 66-month term for Ableco term loan
|
|
|
BofA Business Capital
Lead
|
Central Freight Lines
Carrier/”Less Than Truckload” Trucking
|
$70.0
|
Revolver
Will be used to refinance existing debt, purchase new equipment and provide for working
capital needs
|
|
|
US Bank Business Credit
Lead
|
Transtar Metals Inc.
Distributor/Metals for Aircraft
|
$60.0
|
$58MM Revolver/$2MM Term Loan
Used for refinance existing facility
|
|
|
US Bank Business Credit
Lead
|
MacArthur
Distributor/Insulation and Roofing Products
|
$60.0
|
$50MM Revolver/$4MM Term Loan/$1MM Equipment Term Loan/$5MM Subordinated Debt Facilty
Used to finance an employee stock purchase of the company
|
|
|
LaSalle Business Credit
Lead
|
DHB Industries Inc.
Designer/Body Armor
|
$55.0
|
$37MM Revolver/$18MM Term Loan
Increases facility from $45 million to $55 million
|
|
|
North Fork Business Capital
Lead
|
American Rail Car
Manufacturer/Railcars
|
$50.0
|
Revolver
Used for ongoing working capital needs and general corporate purposes
|
|
|
Congress Financial (Canada)
Lead
|
Hip Interactive Corp.
Distributor/Video and PC Games
|
$50.0
|
Revolver
Bank of Nova Scotia, Hip's current lender, has agreed to
extend its existing $40 million credit facility until April 30, 2005
|
|
|
GMAC Commercial Finance
Lead
|
Canam Steel
Operator/Construction Products Fabrication
|
$50.0
|
$40MM Revolver/$10MM Term Loan
Four-year term
|
|
|
Merrill Lynch Capital
Lead
|
Personal Optics
Provider/Reading Glasses
|
$45.0
|
Revolver
Supports acquisition of Lantis Eyewear
|
|
|
CapitalSource
Lead
|
Harlem Furniture
Retailer/Furniture
|
$43.0
|
$6MM Revolver/$36MM Term Loan/$1MM Equity Co-Investment
Financing pact with Harlem Furniture, a portfolio company of Pouschine Cook
Capital Partners, Bear Growth Capital Partners and Mercantile Capital Partners
|
|
|
CapitalSource
Lead
|
World Health Alternatives
Provider/Medical Staffing
|
$42.5
|
$35MM Revolver/$7.5MM Term Loan
|
|
|
Fortress Credit
Administrative, Collateral Agent
|
Modtech Holdings, Inc.
Designer/Relocatable Classrooms
|
$38.0
|
$17MM Revolver/$21MM Term Loan
Facility replaces an existing credit facility dated December 26, 2001, and later
amended, with Wells Fargo Bank
|
|
|
PNC Business Credit
Lead
|
Insight Equity Partner, LP
Private Equity Firm
|
$37.5
|
Revolver
PNC Mezzanine Capital led an additional $18 million investment in
subordinated debt for the acquisition. Funding for acquisition of Vision-Ease Lens
|
|
|
LaSalle Business Credit/Others
Lead
|
The Oilgear Company
|
$35.0
|
Revolver
Participants also include Venture Finance and Barclays Bank. Company used a significant portion
of the loan proceeds to terminate its loan agreement with the M&I Marshall & Ilsley Bank and certain 1997 revenue bonds
|
|
|
Merrill Lynch Capital
Revolver
|
Connor Sports Flooring Corporation
Manufacturer/Flooring Systems
|
$32.0
|
Sole Arranger, Administrative Agent
Supports Acquisition by The Riverside Company
|
|
|
Bank of Texas/Texas Capital
Co-Lead Arrangers
|
Tyler Technologies
Provider/Information Management Solutions
|
$30.0
|
Revolver
Facility amends and restates the company's previous $10 million revolving credit
facility that was to expire this month
|
|
|
GE Global Media & Communications
Sole Lender/Administrative Agent
|
HCPro, Inc.
Publisher/Healthcare
|
$27.0
|
Revolver
|
|
|
Merrill Lynch Capital
Revolver
|
101Communications, LLC
Provider/B2B Publications
|
$25.0
|
Sole Arranger, Administrative Agent
Frontenac is a major shareholder in 101Communications
|
|
|
Merrill Lynch Capital
Lead
|
National Bankruptcy Services
Provider/Bankruptcy Monitoring Services
|
$25.0
|
Revolver
Facility to support the leveraged recapitalization of National Bankruptcy
Services by Advent International and management
|
|
|
GE Commercial Finance Business Credit
Lead
|
Calpaco Paper, Inc.
Wholesaler/Fine Printing Paper
|
$25.0
|
Revolver
Deal included $750,000 term loan to refinance existing debt
|
|
|
Branch Banking and Trust Company
Lead
|
MHI Hospitality
Self-Advised Lodging REIT
|
$23.0
|
Revolver
Three-year term; BB&T Capital Markets is the sole book-running manager for the offering, with Ferris Baker, Watts, Hilliard
Lyons and Flagstone Securities acting as co-managers
|
|
|
Wells Fargo Business Credit
Lead
|
Exabyte Corporation
Manufacturer/Tape Storage
|
$20.0
|
Revolver
Arrangement replaces the company's previous loan agreement with Silicon Valley
Bank, which was scheduled to expire on September 30, 2005
|
|
|
Madeleine
Lead
|
Anchor Glass Container Corp.
Manufacturer/Glass Containers
|
$20.0
|
Revolver
Madeleine is an affiliate of its largest stockholders, funds and accounts managed
by Cerberus Capital Management and its affiliates.
|
|
|
Merrill Lynch Capital
Lead
|
Avalon Natural Products
Marketer/Personal Care Products
|
$19.5
|
Revolver
Brand name products include Avalon Organics and Alba Botanica
|
|
|
Comerica Bank/ORIX Venture Finance
Co-Lead Provider/Disease Management Programs
|
LifeMasters Supported SelfCare
Processor/Bird Seed
|
$19.0
|
$7MM Revolver With Comerica/$12MM Term Loan With ORIX
Comerica join existing equity investors including Lightspeed Venture
Partners, Intel Corporation, J. and W. Seligman & Co., Sightline Partners, Pacific Venture Group,
VantagePoint Venture Partners and Siemens
|
|
|
PNC Business Credit
Lead
|
Pine River Plastics
Provider/Plastic Injection Molding
|
$16.0
|
Revolver
|
|
|
Citizens Bank/First Horizon
Co-Lead Lenders
|
Opinion Research Corporation
Provider/Demographic Research
|
$15.0
|
Term Loan
Five-year term
|
|
|
Wells Fargo Foothill
Lead
|
Asenal Digital Solutions
Provider/Data Protection Services
|
$15.0
|
Revolver
|
|
|
Wells Fargo Foothill
Lead
|
CryoLife, Inc.
Provider/Biomaterials Devices
|
$15.0
|
Revolver
Revolver in an aggregate amount equal to the lesser of $15 million or a specified borrowing base
|
|
|
US Bank Business Credit
Lead
|
Wagner Bros. Feed Corp.
Processor/Bird Seed
|
$15.0
|
Revolver
Support acquisition of Wagner Bros.
|
|
|
GE Commercial Finance
Lead
|
American Aluminum Extrusion
Manufacturer/Aluminum Extrusions
|
$14.9
|
$11.8MM Revolver/$3.1MM Term Loan
The company will use the facility to refinance existing debt and for working capital
|
|
|
Webster Business Credit
Lead
|
HPC Foodservice Company
Distributor/Groceries
|
$12.4
|
$12MM Revolver/Capital Expenditure Line
Three-year term
|
|
|
Bridge Opportunity Finance
Lead
|
Pro Marketing, Inc.
Provider/Employee Representatives
|
$12.0
|
$10MM Revolver/$2MM Term Loan
|
|
|
Wells Fargo Commercial Banking
Lead
|
Flotek Industries
Manufacturer/Specialty Chemicals
|
$12.0
|
$5MM Revolver/$7MM Term Loan
Funded acquisition of Spidle Sales and Services
|
|
|
PNC Business Credit
Lead
|
Modern Engineering, Inc.
Provider/Automotive Industry Services
|
$12.0
|
Revolver
Modern Engineering is the Michigan-based subsidiary of Virtual Supply Chain Engineering
|
|
|
PNC Business Credit
Lead
|
Office Source, Inc.
Distributor/Office Furniture
|
$11.85
|
Revolver
Office Source will use the line of credit to grow its business through acquisitions
|
|
|
Webster Business Credit
Lead
|
Industrial Supply Solutions, Inc.
Distributor/Industrial Supplies
|
$11.0
|
Revolver/Term Loan
Five-year term
|
|
|
GMAC Commercial Finance
Lead
|
I/OMagic Corporation
Provider/Data Storage
|
$10.0
|
Revolver
Five-year term
|
|
|
Webster Business Credit
Lead
|
Tidyman's LLC
Operator/Supermarkets
|
$8.0
|
Revolver
Company operates under the Tidyman's Northwest Fresh Marketplace, Tidyman's Northwest Fresh, County Market and Dissmores IGA banners
|
|
|
Bridge Healthcare Finance
Lead
|
Neurological & Orthopedic Institute of Chicago
Provider/Healthcare
|
$7.5
|
Revolver
|
|
|
First American Bank
Lead
|
SPACEHAB, Incorporated
Provider/Commercial Space Services
|
$5.0
|
Revolver
Relationship marks the transition of the company's financial center from
Washington, D.C. to its headquarters in Houston
|
|
|
Webster Business Credit
Lead
|
AMG International, Inc. d/b/a Freeman Products
Manufacturer/Trophy Parts
|
$5.0
|
Revolver
Three-year term
|
|
|
Guaranty Business Credit
Lead
|
Omnii Products
Manufacturer/Dental Products
|
$5.0
|
Revolver
Four-year term
|
|
|
Business Alliance Capital
Lead
|
Buckingham Capital Partners
Equity Sponsor
|
$3.0
|
Revolver
Financing for acquisition of Tranter Radiator Products
|
|
|
Standard Federal Bank
Revolver
|
Rockwell Medical Technologies, Inc.
Manufacturer/Medical Equipment
|
$2.75
|
Lead
Loan facility expires March 31, 2006
|
|
|
Entrepreneur Growth Capital
Lead
|
Charles Beseler Company
Manufacturer/Photographic Equipment
|
$1.7
|
$1.4MM Revolver/$300,000 Term Loan
Revolver used accounts receivables and inventory; term loan against real estate
|
|
|
Entrepreneur Growth Capital
Lead
|
Boundless Corporation
Manufacturer/Desktop Display Devices
|
$1.0
|
Revolver
The loan is a replacement debtor-in-possession working capital facility
|
|
|
* Deal Size in Millions
|
